ABSTRACT

The Prime Minister’s S&T strategy has included substantial investments in human capital, including efforts to expand the number of PhDs educated in Malaysia and to increase R&D spending.

V. .R. Chandrana, hristopher S. ayterb and Derek Ryan Strongc

aDepartment of Development Studies, University of Malaya, Kuala Lumpur, Malaysi ; bCenter for Organization Res arch and Design, School of Public Affairs, Arizona State University, Phoenix, AZ, USA; cDepartment of Economics,

University of North Carolina at Greensboro, Greensboro, NC, USA