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Global Good Practice in Incubation Policy Development and Implementation: Malaysia Case Study

This case study has been produced as part of the World Bank infoDev project on developing a policy framework and implementation strategy for business incubators in Ghana. Its purpose is to analyse public policy in incubator development and identify some critical success factors which should be considered in the development of incubators in Ghana. The Malaysia study was conducted using desk research and an in-country visit to meet some of the key players involved in incubator development1.

In this report, incubation activities in Malaysia have been examined against a broader public policy context which includes: business start-up and SME development, technology and innovation development, commercialization of R&D results, international competitiveness, education, training and job creation.

Several Government Ministries were involved including Ministry of Finance, Economic Planning Unit (EPU), Ministry of Science, Technology and Innovation (MOSTI), Ministry of Agriculture and Agro-Industries, Ministry of Higher Education (MOHE), Ministry of Arts, Culture, and Heritage, and Ministry of Rural Development.