Restrictions innovation activities and development

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After a recent economic turnmoil and financial crisis, Malaysia has recovered tremendously and hass managed to maintain a good economic performance. However, to achieve a develop nation status by 2020, Malaaysia needs to sustain the annual 6 per cent growth rate. Thus, Malaysia will need to address several issues. Identify and list down ANY FIVE (5) restrictions innovation activities and development in Malaysia.

Rothwell (1994) identified five models in the process of innovation. In addition, he suggested a continuity of models to be introduced over the last half-century, which were seen as new models of innovation. Briefly explain with relevant example ANY THREE (3) innovation process models introduced by him.

Reference no: EM133016698

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