Innovation Mindset and Sarawak’s Digital Economy: Lessons from Nvidia

Dr Miko Chang May Lee Innovation mindset and Sarawak digital economy discussions often focus on visible success stories. Nvidia is now the world’s largest company by market capitalisation, often described as an “overnight success” driven by artificial intelligence. But that …

Innovation Mindset and Sarawak’s Digital Economy: Lessons from Nvidia

Dr Miko Chang May Lee

Innovation mindset and Sarawak digital economy discussions often focus on visible success stories.

Nvidia’s journey shows how innovation mindset, persistence and strategy shape Sarawak’s digital economy and guide SMEs toward sustainable growth.

Nvidia is now the world’s largest company by market capitalisation, often described as an “overnight success” driven by artificial intelligence. But that story only shows the tip of the iceberg. What lies beneath is more than 30 years of persistence, engineering discipline and strategic business decisions.

For small and medium enterprises (SMEs) in Sarawak, Nvidia’s story offers practical lessons on how innovation should be approached: patiently, systematically and with a long-term commercial vision.

Why Nvidia’s Success Was Never Overnight

Nvidia was founded in 1993 by Jensen Huang, an electrical engineer by training. In its early days, the company focused on computer graphics for video games and nearly failed more than once. The artificial intelligence (AI) boom we see today was not a sudden pivot, but the result of decisions made decades ago on building powerful computing chips, nurturing software ecosystems and staying focused on first principles.

As Huang himself has said, pain and suffering are often the best teachers. Success, when it comes, is usually slow, quiet and unseen for many years. The lesson for SMEs is clear: innovation is not about chasing trends but about consistently strengthening core capabilities while remaining alert to emerging opportunities. Businesses that invest in skills, data and infrastructure today are better positioned to pivot when market conditions change.

What Nvidia’s Journey Teaches SMEs About Innovation

Another key insight from Nvidia’s journey is the integration of technical excellence with business strategy. Engineering alone did not make Nvidia successful. Its growth required strong partnerships, ecosystem development, customer alignment and product-market fit.

For Sarawak’s SMEs, innovation must therefore go beyond adopting new tools. It requires understanding customer pain points, validating solutions in the market and building sustainable revenue models. Innovation should be treated as a business strategy rather than a technical experiment.

These lessons are highly relevant to Sarawak’s digital economy agenda. Agencies such as the Sarawak Digital Economy Corporation (SDEC) and Malaysia Digital Economy Corporation (MDEC) provide infrastructure, funding and policy support. However, the responsibility to innovate sustainably ultimately lies with businesses themselves.

The Role of SDEC, MDEC and Business Responsibility

SMEs must learn to persist through slow growth phases, regulatory challenges and talent shortages. As Nvidia’s founder often notes, long-term success is built through discipline and resilience rather than short-term excitement.

SDEC has been actively building a supportive environment for innovation. Through initiatives such as digital villages, startup accelerators, co-working spaces and funding programmes, the aim is to ensure that technology development translates into real economic and social value. This approach recognises that innovation is not just about technology, but also about people, access and sustainability.

We already see encouraging examples of how innovation and technology are being applied to solve real, everyday problems in Sarawak.

From Pay&Go to Neuon AI and Sinisana

Pay&Go is disrupting the long-standing parking issue by offering smart digital payment solutions that reduce congestion, improve user experience and help cities manage parking more efficiently. Neuon AI focuses on improving road conditions and safety by using data and intelligent systems to detect issues early, helping authorities make better maintenance decisions and potentially saving lives.

Meanwhile, Sinisana enhances traceability across supply chains, increasing transparency and trust, an issue that is especially important for food safety, sustainability and responsible sourcing.

These firms show that innovation does not require disruptive breakthroughs at the outset. It can begin with targeted improvements that gradually scale into larger platforms. Persistence, rather than novelty, becomes the defining factor.

Practical Lessons for SMEs Building an Innovation Mindset

For SMEs in Sarawak, three practical lessons emerge from Nvidia’s experience.

First, build strong foundations in core competencies such as data management, digital skills and customer understanding. Second, align technological development with business objectives by testing ideas in the market and refining them based on user needs. Third, adopt a long-term mindset where setbacks are viewed as part of the innovation process rather than signs of failure.

Across sectors, similar principles are increasingly evident in emerging digital applications such as personalised health technologies, data-driven prevention tools and smart services designed to improve quality of life. The focus is shifting away from technological novelty towards solving real problems in healthcare, mobility and public services.

As societies age, the challenge is not simply extending lifespan but improving health span. Innovation becomes meaningful only when it delivers practical and sustainable impact.

Why Strategic Patience Defines Sustainable Innovation

Ultimately, innovation is rarely comfortable. It involves uncertainty, slow progress and repeated refinement. Nvidia’s rise reminds us that success is usually the result of years of invisible effort rather than sudden transformation. For Sarawak’s SMEs, the message is not to replicate Nvidia’s technology but to emulate its mindset: persistence, problem-focused innovation and strategic patience.

By learning from both global leaders and local pioneers such as Pay&Go, Sarawak’s businesses can strengthen their capacity to innovate and remain resilient in an increasingly competitive digital economy.