Research and development evaluation remodelling in Malaysia: an idealistic framework

This paper provides an idealistic conceptual framework for Research & Development (R&D) evaluation. R&D is very important in higher level decision making.In Malaysia, though the spending is on increasing term, only a small proportionate of Gross Domestic Product (GDP) is allocated to fun...

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Main Authors: Osman, Nor Hasni, Nura, Abu Bakar Allumi
Format: Article
Language:English
Published: Institute for Management and Business Research (IMBRe), Universiti Utara Malaysia 2014
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Online Access:http://repo.uum.edu.my/20680/1/JBMA%204%202014%2045%2054.pdf
http://repo.uum.edu.my/20680/
http://imbre.uum.edu.my/images/jbmavol4/Research-and-Development-Evaluation-Remodelling-in-Malaysia.pdf
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spelling my.uum.repo.206802017-01-18T07:47:10Z http://repo.uum.edu.my/20680/ Research and development evaluation remodelling in Malaysia: an idealistic framework Osman, Nor Hasni Nura, Abu Bakar Allumi HD28 Management. Industrial Management This paper provides an idealistic conceptual framework for Research & Development (R&D) evaluation. R&D is very important in higher level decision making.In Malaysia, though the spending is on increasing term, only a small proportionate of Gross Domestic Product (GDP) is allocated to fund R&D as compared to the required tasks in the vast fields of research.A lot of efforts were spent in R&D, the undertakings of which should be monitored and well-funded to ensure the results of the research are considered in making decisions that could be shared, implemented, improvised, and evaluated.Public research which focuses more on educational know-how in the development of human resource/human capital could be assimilated in R&D of private sectors which focus more on scientific, technology, material handling, and information and communication technology (ICT).The more advances occur in science and technology fields, the demand for manpower in the related fields would increase. In spite of this, any improvement from the implemented research result could not be assured even with functional R&D systems if there is no constant evaluation and post decision valuation. The collaboration of public-private R&D institutions would generate a new breed of innovative entrepreneurs that could assist Malaysia to achieve developed nation status as set out in Vision 2020.The outcome of this paper is a proposed model of the Malaysian R&D evaluation in public agencies, private sectors, and universities to construct an idealistic R&D decision evaluation framework for future application.The model presents the interconnected interactions that take place within the stakeholders circle in R&D network.Basically, the model is drawn up under the principle that virtually there are balanced interactions and the interested parties are inter-related. Institute for Management and Business Research (IMBRe), Universiti Utara Malaysia 2014 Article PeerReviewed application/pdf en http://repo.uum.edu.my/20680/1/JBMA%204%202014%2045%2054.pdf Osman, Nor Hasni and Nura, Abu Bakar Allumi (2014) Research and development evaluation remodelling in Malaysia: an idealistic framework. Journal of Business Management and Accounting (JBMA), 4. pp. 45-54. ISSN 2231-9298 http://imbre.uum.edu.my/images/jbmavol4/Research-and-Development-Evaluation-Remodelling-in-Malaysia.pdf
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Osman, Nor Hasni
Nura, Abu Bakar Allumi
Research and development evaluation remodelling in Malaysia: an idealistic framework
description This paper provides an idealistic conceptual framework for Research & Development (R&D) evaluation. R&D is very important in higher level decision making.In Malaysia, though the spending is on increasing term, only a small proportionate of Gross Domestic Product (GDP) is allocated to fund R&D as compared to the required tasks in the vast fields of research.A lot of efforts were spent in R&D, the undertakings of which should be monitored and well-funded to ensure the results of the research are considered in making decisions that could be shared, implemented, improvised, and evaluated.Public research which focuses more on educational know-how in the development of human resource/human capital could be assimilated in R&D of private sectors which focus more on scientific, technology, material handling, and information and communication technology (ICT).The more advances occur in science and technology fields, the demand for manpower in the related fields would increase. In spite of this, any improvement from the implemented research result could not be assured even with functional R&D systems if there is no constant evaluation and post decision valuation. The collaboration of public-private R&D institutions would generate a new breed of innovative entrepreneurs that could assist Malaysia to achieve developed nation status as set out in Vision 2020.The outcome of this paper is a proposed model of the Malaysian R&D evaluation in public agencies, private sectors, and universities to construct an idealistic R&D decision evaluation framework for future application.The model presents the interconnected interactions that take place within the stakeholders circle in R&D network.Basically, the model is drawn up under the principle that virtually there are balanced interactions and the interested parties are inter-related.
format Article
author Osman, Nor Hasni
Nura, Abu Bakar Allumi
author_facet Osman, Nor Hasni
Nura, Abu Bakar Allumi
author_sort Osman, Nor Hasni
title Research and development evaluation remodelling in Malaysia: an idealistic framework
title_short Research and development evaluation remodelling in Malaysia: an idealistic framework
title_full Research and development evaluation remodelling in Malaysia: an idealistic framework
title_fullStr Research and development evaluation remodelling in Malaysia: an idealistic framework
title_full_unstemmed Research and development evaluation remodelling in Malaysia: an idealistic framework
title_sort research and development evaluation remodelling in malaysia: an idealistic framework
publisher Institute for Management and Business Research (IMBRe), Universiti Utara Malaysia
publishDate 2014
url http://repo.uum.edu.my/20680/1/JBMA%204%202014%2045%2054.pdf
http://repo.uum.edu.my/20680/
http://imbre.uum.edu.my/images/jbmavol4/Research-and-Development-Evaluation-Remodelling-in-Malaysia.pdf
_version_ 1644283025000759296
score 13.211869