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This report demonstrates the application of a model that treats the state, society and economy in a concrete case study of small and medium enterprises (SMEs). It approaches the transformation of Malaysian SMEs by using a triangular model. The model focuses on university–industry engagement within the context of the state's educational policies and programmes that encourage the transfer of knowledge. Within this context, the report explores and pilots a new approach, which aims to transform Malaysian SMEs, especially contract manufacturers of multinational corporations. The model provides a least-cost, timely, competent and sustainable solution to the needs of all stakeholders. |