Leveraging the Industrial Collaboration Program for Malaysia's Aerospace Industry

Authors

  • Mohd Zamri Abu Bakar Faculty of Business and Management, Universiti Teknologi MARA, Malaysia
  • Jefiena Jaafar Technology Depository Agency Berhad, Putrajaya, Malaysia
  • Ariff Azly Muhamed Faculty of Business and Management, Universiti Teknologi MARA, Malaysia
  • Azlin Abdul Rahman Malaysian Institute of Aviation Technology, Universiti Kuala Lumpur, Malaysia
  • Ahmad Fadly Nurullah Rasedee Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia, Malaysia

DOI:

https://doi.org/10.14738/assrj.111.16271

Keywords:

Industrial Collaborative Program, Aerospace Industry, Technology Transfer, Global Supply Chain, Knowledge Transfer

Abstract

The Industrial Collaboration Program (ICP) in Malaysia serves as a pivotal strategy for economic growth, technological advancement and aligning to propel Malaysia towards a high-income knowledge-based economy. The objective of this study is to examine the present strategic efforts of Malaysia's Industrial Collaboratives Program in the context of the country's aerospace industry. The study specifically focus on the development of a knowledge based economy, the establishment of a global supply chain, and the creation of employment opportunities. It offers a comprehensive comprehension of the industry's potential and the crucial significance of partnership between the government and the industry. Preliminary findings indicate that the ICP has significantly contributed to skill development, technology upgrades, and has spurred research and development (R&D) activities in other key sectors such as automotive, and electronics. The study emphasizes the importance of strategic planning, robust governance, and continuous improvement to maximize the ICP's benefits specifically within Malaysia aerospace ecosystem.

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Published

2024-02-01

How to Cite

Abu Bakar, M. Z., Jaafar, J., Muhamed, A. A., Rahman, A. A., & Rasedee, A. F. N. (2024). Leveraging the Industrial Collaboration Program for Malaysia’s Aerospace Industry. Advances in Social Sciences Research Journal, 11(1), 199–207. https://doi.org/10.14738/assrj.111.16271

Issue

Vol. 11 No. 1 (2024): Advances in Social Sciences Research Journal

Section

Articles

License

Copyright (c) 2024 Mohd Zamri Abu Bakar, Jefiena Jaafar, Ariff Azly Muhamed, Azlin Abdul Rahman, Ahmad Fadly Nurullah Rasedee

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