Presentation Overview

The study provides a detailed overview of major innovation financing policies in Malaysia, Singapore, Taiwan and Thailand. It outlines the major innovation financing schemes of loan/grant programs, R&D tax incentives, public equity participation, especially, venture capital, and capital market rules and regulations. National Innovation System was used as the main conceptual framework. The results show that Singapore and Taiwan, the first-tier East Asian NIEs, have been more successful in formulating and implementing government financing innovation schemes as compared to Malaysia an d Thailand, the second-tier East Asian NIEs.