MaGIC: Partnership and trust - not funding and location - key to innovation supercluster

January 21, 2018

MALAYSIAN Global Innovation & Creativity Centre (MaGIC) chief executive officer Ashran Ghazi said that they are trying to "hack" a new approach to an innovation supercluster.First announced during the Global Entrepreneurship Community 2017, innovation superclusters are intended to accelerate innovation in Malaysia by connecting new ideas to capital and markets.Ashran explained that it's not enough to just have a big budget cantered on a particular geographic locality, which may be the impression given by other similar initiatives. Instead it must be about creating genuine partnerships."Otherwise it will just be a very nice macro theoretical perspective," he explains "but it may be a mismatch.