World Bank2014-09-122014-09-122014https://hdl.handle.net/10986/20102The 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.en-USCC BY 3.0 IGOACCOUNTINGACQUISITIONACQUISITIONSACTIVE MARKETSBIOTECHNOLOGIESBIOTECHNOLOGYBOARD MEMBERSBOARD MEMBERSHIPSBROKERBUSINESS ENVIRONMENTBUSINESS MODELBUSINESS OPPORTUNITYBUSINESS PLANBUSINESS PROCESSESBUSINESS REPUTATIONCAPABILITIESCAPITAL FUNDCAPITAL FUNDSCAPITAL REQUIREMENTSCEOSCHIEF FINANCIAL OFFICERCHIEF FINANCIAL OFFICERSCOLLABORATIONCOMMERCIAL ACTIVITIESCOMMERCIAL BANKSCOMMODITYCOMPANYCOMPETITIVE ADVANTAGECOMPETITIVENESSCOPYRIGHTCORPORATIONCORPORATIONSCRITICAL SUCCESS FACTORSCULTURAL CHANGEDECISION-MAKINGDEVELOPING COUNTRIESDIRECT INVESTMENTSDOMAINEMERGING MARKETSENTERPRISE DEVELOPMENTENTREPRENEURENTREPRENEURSEQUITY FUNDFINANCIAL SUPPORTFIRMSFOREIGN DIRECT INVESTMENTGENERAL PARTNERGOVERNMENT FUNDINGGOVERNMENT ORGANIZATIONGROWTH CYCLESIMPACT ASSESSMENTINCORPORATEDINDIVIDUAL COMPANYINDUSTRIAL DEVELOPMENTINDUSTRIAL PRODUCTIONINNOVATIONINNOVATIONSINSTITUTIONINSTITUTIONAL FRAMEWORKINTANGIBLEINTELLECTUAL PROPERTYINTELLECTUAL PROPERTY RIGHTSINTERNATIONAL BANKINVESTINGINVESTMENT ALTERNATIVESINVESTMENT FUNDINVESTMENT INSTITUTIONINVESTMENT INSTITUTIONSINVESTMENT OPPORTUNITIESINVESTMENT OPPORTUNITYINVESTMENT PROCESSJOINT VENTUREJOINT VENTURESLICENSELICENSESLICENSINGLIMITEDLOCAL BUSINESSLOCAL COMPANIESLOCAL MARKETMANAGEMENT METHODSMARKET ENTRYMARKET OPPORTUNITIESMARKET OPPORTUNITYMATERIALMATURITYMERCHANT BANKMERGERMERGERSMUTUAL FUNDSNETWORKSNEW TECHNOLOGIESNEW TECHNOLOGYOUTSIDE INVESTORSPHOTOPLEDGESPOLITICAL WILLPORTFOLIOPRIVATE INVESTMENTPRIVATE PARTNERSHIPPRIVATE SECTORPRODUCTION PROCESSESPRODUCTIVITYPROPRIETARYPROTECTION OF INTELLECTUAL PROPERTYPROTOTYPEPUBLIC EXCHANGESQUERIESRESEARCH PROGRAMSRESERVESRESULTRESULTSRETURNRETURNSSCIENTISTSSERVICE PROVIDERSSPECIFIC INVESTMENTSTOCK OWNERSHIPSTOCKSSUPPLY CHAINSUPPLY CHAIN INTEGRATIONTARGETSTAXTAX INCENTIVESTECHNOLOGY DEVELOPMENTTECHNOLOGY TRANSFERTECHNOLOGY TRANSFERSTELEPHONETIME-TO-MARKETTRANCHETRANCHESTRANSACTIONTRANSACTION COSTSTRANSLATIONTREATYUNIVERSITIESUSERUSESVALUATIONVENTURE CAPITALWEBWEB SITEWORLD TRADE10.1596/20102