KUALA LUMPUR: Startup companies from the United Kingdom can expose Malaysia to global best practices and create healthy competition and pressure for local firms to innovate, said Economy Minister Rafizi Ramli.
He said young Malaysians would also see for themselves how these startups, with similar sizes and ideas, and operating at a familiar place, could innovate and make a difference.
“This would give them the necessary self-confidence and a sense of the possibility to strike out on their own.
“What the government can promise is to keep our doors open to outside help, through investments, expertise and win-win opportunities, and put in place an ecosystem that is supportive of an innovation-based growth model,” Rafizi said in his keynote address at the UK-Malaysia Digital Innovation Programme Demo Day here today…