Formation of startups and new companies
Commercial exploitation of science, technology, and novelty
System of laws, regulations, strategies, and funding priorities
Discovery and creation of new knowledge of the natural world
Technological Advancements in the world.
By Zakri Abdul Hamid

There was a time when budding Western scholars travelled long distances to the then epicentre of science and technology — the Islamic world that spanned from southern Spain to China, from the 7th to the 17th century — to seek and learn new knowledge from the masters of that 1,000-year era.
But that was long ago. The countries that constitute the Organisation of Islamic Cooperation (OIC) today lag behind in the scientific world. As innovators, none of them can be considered in the league of developed nations, despite the financial wealth many of them have acquired.
Part of the problem is a lack of mastery of modern knowledge, in particular science and technology.
The knowledge deficit and what to do about it was the subject of a recent conference in Doha, Qatar, convened by the Islamic World Academy of Sciences (IAS) on its 25th anniversary.
The meeting was aptly themed, “The Islamic world and the West: Rebuilding bridges through science and technology.”