What we strive for

To be the ‘Thought Leader’ of the nation for matters

related to science, engineering, technology and

innovation.

To pursue excellence in the fields of science, engineering

and technology for the benefit of all.

For more information on Academy of Sciences Malaysia: http://www.akademisains.gov.my

1.0 Global Scenario

GLOBAL OUTLOOK

Global Risks (People,Planet,Profit)

Mega Trends

Disruptive

Technologies

Source: McKinsey Global Institute, 2015

GLOBAL OUTLOOK: MEGA TRENDS

Source: Ernst & Young, Megatrends 2015, 2015

Source: Deloitte, Industry 4.0 Challenges and solutions for the digital transformation and use of exponential technologies.

Source: Deloitte, Industry 4.0 Challenges and solutions for the digital

transformation and use of exponential technologies report

The Industry 4.0 Ecosystem

UK Technology Foresight

2.0 Malaysia 2050

Overview

New Economy Policy

Vision 2020

-6th Malaysia Plan-

National Transformation

Program

National Transformation

2050 (TN50)

-Budget 2017-

1971 1991 2010 2016

2009 2015

ASM Malaysia 2050 Agenda

Envisioning Malaysia 2050:

Foresight Initiative

Source : Kementerian Belia dan Sukan (KBS)

National Transformation 2050 (TN50)

Aim: One of the top 20 nations in the world

Economic Growth

Happiness Index

Creativity & Innovation

No Economic World Bank (GDP per

Capita), 2015

Creativity and

Innovation (Global Innovation Index,

2016)

Happiness (World Happiness Report,

2015)

1 Luxembourg Switzerland Denmark

2 Switzerland Sweden Switzerland

3 Norway United Kingdom Iceland

4 Macau USA Norway

5 Qatar Finland Finland

6 Ireland Singapore Canada

7 USA Ireland Netherland

8 Denmark Denmark New Zealand

9 Australia Netherlands Australia

10 Iceland Germany Sweden

Malaysia 60 35 47

3.0 Where are we now

Economic Growth comparison between Malaysia, South Korea and Japan from 1952 to 2015

0

5000

10000

15000

20000

25000

30000

35000

40000

45000

50000

1952 1960 1970 1980 1990 2000 2010 2015

GD

P (

USD

)

Year

Malaysia

Korea

Japan

Source: Kunio, (2004). The comparative economic performance of Malaysia : An Analysis. Southeast Asian Studies 42, 1 Knoema, (2017). GDP per Capita by Country.

Sustainable Connected High Quality of Life Prosperous Harmonious

What we have pledged so far?

High-income nation by 2020

Committed to Sustainable Development Goals (SDGs) 2015-2030

Paris Agreement – COP21

TN50

4.0 Proposed Vision:

SMART COMMUNITIES 2050

The Future We Desire……

Economic Growth

Happiness Index

Creativity & Innovation

SUSTAINABLE DEVELOPMENT FRAMEWORK FOR

MALAYSIA

Source: ASM

Source: ASM

5.0 Future of Industry/Business

Global Trends of Trade

The rise of micro-multinationals (SME/Startups)

Trade reclassified: the falling cost and rising speed of trade

Ongoing trade liberalisation (More free trade zone)

Source: Trade Winds, HSBC, 2015

Source: Trade Winds, HSBC, 2015

How Science and Technology Changes the Way we Trade?

E - driven Technology-driven

Knowledge -driven

FURNITURE INDUSTRY

FURNITURE INDUSTRY

FURNITURE INDUSTRY

R O A D M A P

FURNITURE INDUSTRY

6.0 Proposed Strategies

Knowledge intensive

Collaborative network

Leadership

WHAT IF GLOBALIZATION WAS ABOUT

KNOWLEDGE INSTEAD OF TRADE? Richard Baldwin, The Great Convergence, 2016

Knowledge intensive

THE FOUR FACTORS

FOR THE COLLABORATIVE

ECONOMY NETWORK

Collaborative Network

Collaborative

Economy:

Value Chain

20%

20%

20%

20%

20%

20%

20%

20% 20%

20%

20% 20%

20%

20%

Source: Jeremiah Owyang

Collaborative Network

Leadership

Source: Centre for Work Life, 2017

How the economy can change?

Source: https://www.bloomberg.com/news/articles/2016-04-12/alibaba-to-pay-1-billion-for-control-of-lazada-e-commerce-site

Bloomberg Technology dated 12 April 2016

How did we lose on Grab?

7.0 Key Drivers To Achieve Malaysia’s

Smart Communities 2050

9 Key Drivers for Malaysia 2050

“If we fail to plan, we plan to fail”

Benjamin Franklin