Life Sciences Capital Fund : Malaysia Case Study

The Malaysian Life Sciences Capital Fund (MLSCF) is a venture capital fund based in Kuala Lumpur, Malaysia. MLSCF has succeeded in transferring biotechnologies from more-developed to less developed countries. The specific technologies of interest t...

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Bibliographic Details
Main Author: World Bank
Format: Working Paper
Language:English
en_US
Published: Washington, DC 2014
Subjects:
TAX
WEB
Online Access:http://documents.worldbank.org/curated/en/2014/01/20144204/life-sciences-capital-fund-lscf-malaysia-case-study
http://hdl.handle.net/10986/20102
Description
Summary:The Malaysian Life Sciences Capital Fund (MLSCF) is a venture capital fund based in Kuala Lumpur, Malaysia. MLSCF has succeeded in transferring biotechnologies from more-developed to less developed countries. The specific technologies of interest to the fund have the potential to significantly improve farm productivity. Two organizations, one public and the other private, co-manage MLSCF. They are the Malaysian Technology Development Corporation (MTDC), a government organization, and Burrill and Company, a San Francisco-based merchant bank. The fund manages $150 million in committed capital. The concept underlying the fund is to pursue science without borders through a process of open innovation. Open innovation greatly reduces the transaction costs of technology transfer.