Chapter 3 Linkages for Fostering Innovation Activities – Case ... - ERIA

Figure 5 Diagram of Firms Linkages of Engtek PenangAn interesting set of ‘actors’ that are linked to Engtek are entrepreneur groomed byEngtek – to become suppliers / co-developers (also known as Intre-prenuership). Engtekthemselves have had the experience of getting support from TNCs located in Penang –in terms of being a customer and also training in technology related and other areas –based on this experience they have also groomed some of their employees to start upfirms in Penang to support Engtek and also be independent – there is a case whereEngtek has even bought out one such ‘groomed entrepreneurial venture’.3.3.5. Issues in Policies related to InnovationOverall the government policies, both at the national and state level, are consideredto be favourable and supportive for Innovation – be it in terms of grants, infrastructureprovision, policies like tax rebated etc.3.3.6. ConclusionOverall the main support factor for innovation are skilled manpower base in Penang,a strong industrial base - with a mix of TNCs and local firms – offering support as112