We are even considered “digital life leaders” and not merely followers. On the other hand, we rank low on innovation and creativity. rafiziramli Malaysia Innovation DigitalLife EconomyMinistry Innovathon
Malaysia is digitally savvy but startups often find it difficult to thriveOur mobile and internet penetration, online shopping pervasiveness, digital payments maturity and social media usage are one of the highest in the world. We are even considered “digital life leaders” and not merely followers.Our Global Innovation Index score has declined steeply and consistently over the past decade, from 46.9 in 2013 to 38.7 in 2022.
Part of the reason is that well-meaning innovators and start-ups often find it hard to thrive in an environment that is unconducive to succeed. While these are essential skills for us to grasp, the first step of innovation is simply looking at a day-to-day problem and asking, “How can I make this better?”
To do this, we need to start being comfortable with trying new ways of doing things, and trying again when we do not succeed the first time.All technology products succeed not on a single genius or eureka moment, but through multiple rounds of iteration — create, test, revise and repeat.Behind Apple’s iPhone are the internet service, MobileMe, and the personal digital assistant, The Newton, that didn’t take off.
This week, the Economy Ministry will launch a nationwide ‘innovathon’ that is open to every Malaysian who is ready to offer their good ideas.
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