The role of R&D expenditure on job creation in the Malaysian manufacturing sector

In order to remain competitive in the world economy, Malaysia needs to constantly generate and establishes new sources for economic growth and job creation. One of the means of achieving such a goal is to increase the nation capability and effectiveness in adopting, developing and translating scienc...

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Main Authors: Nayan, Sabri, Samsuddin, Siti Nur Fatihah, Samsi, Aznita, Abdullah, Norehan, Maamor, Selamah, Abdullah, Hussin
Format: Article
Language:English
Published: ExcelingTech Publishers 2019
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/27784/1/IJSCM%208%203%202019%20671%20676.pdf
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author Nayan, Sabri
Samsuddin, Siti Nur Fatihah
Samsi, Aznita
Abdullah, Norehan
Maamor, Selamah
Abdullah, Hussin
author_facet Nayan, Sabri
Samsuddin, Siti Nur Fatihah
Samsi, Aznita
Abdullah, Norehan
Maamor, Selamah
Abdullah, Hussin
author_sort Nayan, Sabri
collection UUM
description In order to remain competitive in the world economy, Malaysia needs to constantly generate and establishes new sources for economic growth and job creation. One of the means of achieving such a goal is to increase the nation capability and effectiveness in adopting, developing and translating science and technology through Research and Development (R&D). However, until now still unclear interpretation between employment and job creation. Resulting in the unsettled issue of the relationship between R&D and job creation. Thus, the present paper attempts to examine and establish the relationship between R&D and job creation by using GMM-System across 54 industries in the Malaysian manufacturing sector. The empirical evidence provided in this paper suggests that R&D significantly determined job creation. R&D policy can contribute a positive effect on job creation in the Malaysian manufacturing sector. This is indeed in line with the National Science, Technology and Innovation Policy that aims to expand Malaysia’s gross expenditure on R&D by at least 2 percent prior to the year 2020.
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spelling uum-277842020-10-22T06:28:18Z https://repo.uum.edu.my/id/eprint/27784/ The role of R&D expenditure on job creation in the Malaysian manufacturing sector Nayan, Sabri Samsuddin, Siti Nur Fatihah Samsi, Aznita Abdullah, Norehan Maamor, Selamah Abdullah, Hussin HC Economic History and Conditions In order to remain competitive in the world economy, Malaysia needs to constantly generate and establishes new sources for economic growth and job creation. One of the means of achieving such a goal is to increase the nation capability and effectiveness in adopting, developing and translating science and technology through Research and Development (R&D). However, until now still unclear interpretation between employment and job creation. Resulting in the unsettled issue of the relationship between R&D and job creation. Thus, the present paper attempts to examine and establish the relationship between R&D and job creation by using GMM-System across 54 industries in the Malaysian manufacturing sector. The empirical evidence provided in this paper suggests that R&D significantly determined job creation. R&D policy can contribute a positive effect on job creation in the Malaysian manufacturing sector. This is indeed in line with the National Science, Technology and Innovation Policy that aims to expand Malaysia’s gross expenditure on R&D by at least 2 percent prior to the year 2020. ExcelingTech Publishers 2019 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/27784/1/IJSCM%208%203%202019%20671%20676.pdf Nayan, Sabri and Samsuddin, Siti Nur Fatihah and Samsi, Aznita and Abdullah, Norehan and Maamor, Selamah and Abdullah, Hussin (2019) The role of R&D expenditure on job creation in the Malaysian manufacturing sector. International Journal of Supply Chain Management (IJSCM), 8 (3). pp. 671-676. ISSN 2050-7399 https://ojs.excelingtech.co.uk/index.php/IJSCM/article/view/3321
spellingShingle HC Economic History and Conditions
Nayan, Sabri
Samsuddin, Siti Nur Fatihah
Samsi, Aznita
Abdullah, Norehan
Maamor, Selamah
Abdullah, Hussin
The role of R&D expenditure on job creation in the Malaysian manufacturing sector
title The role of R&D expenditure on job creation in the Malaysian manufacturing sector
title_full The role of R&D expenditure on job creation in the Malaysian manufacturing sector
title_fullStr The role of R&D expenditure on job creation in the Malaysian manufacturing sector
title_full_unstemmed The role of R&D expenditure on job creation in the Malaysian manufacturing sector
title_short The role of R&D expenditure on job creation in the Malaysian manufacturing sector
title_sort role of r d expenditure on job creation in the malaysian manufacturing sector
topic HC Economic History and Conditions
url https://repo.uum.edu.my/id/eprint/27784/1/IJSCM%208%203%202019%20671%20676.pdf
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