Mohd Irwan Seigar Adullah, the secretary-general of Malaysia’s Ministry of Finance, has summed up his country’s efforts to commercialisation university research with “I could cry”.

The comments were made at the Global IP Valuation conference, organised by the Intellectual Property Corporation of Malaysia (MyIPO), when Irwan was asked about the poor performance of the country’s commercialisation drive.

Malaysia’s attempts to bring its research and development (R&D) commercialisation in line with other countries traces its roots back to 2004. Following the…