... head and now with the society becoming much more sophisticated and with the challenge of globalization, Malaysia is heading its way to the new economy after the third industrial revolution. 1. Paradigm shift from the P-based economy to the K-based economy In the road towards new economy, the government has implemented the Knowledged-based Economy Master Plan, in September 2002. " The central mission ... of Malaysia's Strategic Initiative One of the Tweedy-first Century is to ensure that Malaysia make the paradigm shift from production-based economy (P-Economy) to knowledge-based economy...

• Word Count: 523
• Approx Pages: 2
• Grade Level: Undergraduate

... environment, the legal and regulatory framework must be constantly reviewed and tightened up, to cater for new technology, including the efficiency of the police, prosecution and judiciary. There has been a paradigm shift in the sense that perceived threats were National Security related and hence there was a reliance on the government to combat cyber crime. However, greater volumes of threats are now solely ... ...

• Word Count: 533
• Approx Pages: 2
• Grade Level: Undergraduate