This document discusses Malaysia's innovation ecosystem, including public funding sources and challenges. It outlines key pillars to strengthen the ecosystem such as policies, institutions, infrastructure, investments, talents, and partnerships. National priority areas are listed like food security, energy security, and healthcare. Public funding sources are identified including various science and technology funds. Challenges around commercialization are highlighted involving foreign/domestic investment, talent growth, output, culture, and wealth creation. Benefits of a national innovation system are noted. The document advocates streamlining efforts, creating synergies, and aligning initiatives to national priority areas.