News that a Malaysian IT start-up company was bought by a large US outfit is a landmark acquisition that represents a significant step forward for ‘entrepreneurism’ in the country.
The sale is a good example of what the Malaysian government means when it talks of the country’s potential to become a knowledge economy. This potential was also the matter debated at October’s ‘Silicon Valley Comes to Malaysia’ event held in Kuala Lumpur. This brought 17 A-list figures in the world of IT start-ups into contact with an array of aspiring Malaysian companies and entrepreneurs. …
The government has long been determinedly pursuing a strategy to encourage Malaysian entrepreneurs to create businesses via innovation in order to seed the country’s knowledge economy. Rest