Transformation Building of Micro- Entrepreneurs: A Conceptual Model
The majority of micro-entrepreneurs in Malaysia
operate very small-scaled business activities such as food stalls,
burger stalls, night market hawkers, grocery stores, constructions,
rubber and oil palm small holders, and other agro-based services and
activities. Why are they venturing into entrepreneurship - is it for
survival, out of interest or due to encouragement and assistance from
the local government? And why is it that some micro-entrepreneurs
are lagging behind in entrepreneurship, and what do they need to
rectify this situation so that they are able to progress further?
Furthermore, what are the skills that the micro entrepreneurs should
developed to transform them into successful micro-enterprises and
become small and medium-sized enterprises (SME)? This paper
proposes a 7-Step approach that can serve as a basis for identification
of critical entrepreneurial success factors that enable policy makers,
practitioners, consultants, training managers and other agencies in
developing tools to assist micro business owners. This paper also
highlights the experience of one of the successful companies in
Malaysia that has transformed from micro-enterprise to become a
large organization in less than 10 years.
[1] Chaston, I (1996), "Critical Event and Process Gap in the Danish
Technological Institute Structured Networking Model" International
Small Business Journal. 14(3), pp 35-47.
[2] Herring, S. C. (2004). Content analysis for new media: Rethinking the
paradigm. In: New Research for New Media: Innovative Research
Methodologies Symposium Working Papers and Readings (pp. 47-66).
Minneapolis, MN: University of Minnesota School of Journalism and
Mass Communication.
[3] Mike Simpson, Nicki Tuck, Sarah Bellamy, (2004) "Small business
success factors: the role of education and training", Education +
Training, Vol. 46 Iss: 8/9, pp.481 - 491.
[4] Landry, P and Jalbert, T (2001). E-commerce strategies your
shareholders will love, Journal of Corporate Accounting & Finance
Volume 12, Issue 2, pages 45-53, January/February 2001
[5] Hofer, C.W. & Charan, R. (1984). The transition to professional
management: Mission impossible? American Journal of Small Business,
9(1), 1-11.
[6] BH online 2 June 2010. http://www.bharian.com.my/
[7] National SME Development Council of Malaysia Small and Medium
Industries Development Corporation (SMIDEC), 2004.
http://www.smidec.gov.my/
[8] Wennekers, S. and A.R. Thurik (1999), Linking entrepreneurship and
economic growth, Small Business Economics 13, nr. 1, 27-55.
[9] Audretsch, D.B., M.A. Carree and A.R. Thurik (2001), Does
entrepreneurship reduce unemployment? Tinbergen Institute Discussion
Paper TI 2001-074/3, Rotterdam: Tinbergen Institute.
[10] Audretsch, D.B. and A. R. Thurik (2000), Capitalism and democracy in
the 21st century: from the managed to the entrepreneurial economy,
Journal of Evolutionary Economics 10, 17-34.
[11] Carree, M.A. and A.R. Thurik (2003), The impact of entrepreneurship
on economic growth, in Handbook of Entrepreneurship Research, D.B.
Audretsch and Z.J. Acs (eds), Boston/Dordrecht: Kluwer Academic
Publishers, 437-471.
[12] Department of Statistic Malaysia official website 2010.
www.statistics.gov.my/
[13] BH online 28 June 2010. http://www.bharian.com.my/
[14] DTI (1999), Small and Medium Enterprise (SME) Statistics for the
United Kingdom, 1998, Statistical Press Release, 5 August.
[15] Campbell, M., Daly, M., Gallagher, C. and Robson, G. (1991), "Job
creation 1987-1989: the contributions of small and large firms'',
Employment Gazette, November, pp. 589-96.
[16] LMQR (1993), Job Creation: The Contribution of Small and Large
Firms, Department of Employment, August.
[17] Cosh et al., (1996). "Size, Age, Survival and Employment Growth,
Chapter 1 in Cosh, A. and A. Hughes (eds.), The Changing State of
British Enterprise: Growth, Innovation and Competitive Advantage in
Small and Medium Sized Firms 1986-85. ESRC Centre for Business
Research, University of Cambridge.
[18] Siu, W. (2000). "Marketing and company performance of Chinese small
firms in Hong Kong", Marketing Intelligence and Planning, Vol.18 No.
5, pp. 292-307.
[19] www.flyingsolo.com.au/
[20] Romano,C. and Ratnatunga, J. (1995). "The Role of Marketing": Its
Impact on Small Enterprise Research", The European Journal of
Marketing, Vol. 29, No.7, pp 9-30.
[21] Gilmore, A., Carson, D. and Grant, K. (2001), "SME marketing in
practice", Marketing Intelligence & Planning, Vol. 19 No. 1, pp. 6-11.
[22] Hogarth-Scott, S., Watson, K. and Wilson, N. (1996), "Do small
businesses have to practice marketing to survive and grow?", Marketing
Intelligence and Planning, Vol. 14 No.1, pp 6-13.
[1] Chaston, I (1996), "Critical Event and Process Gap in the Danish
Technological Institute Structured Networking Model" International
Small Business Journal. 14(3), pp 35-47.
[2] Herring, S. C. (2004). Content analysis for new media: Rethinking the
paradigm. In: New Research for New Media: Innovative Research
Methodologies Symposium Working Papers and Readings (pp. 47-66).
Minneapolis, MN: University of Minnesota School of Journalism and
Mass Communication.
[3] Mike Simpson, Nicki Tuck, Sarah Bellamy, (2004) "Small business
success factors: the role of education and training", Education +
Training, Vol. 46 Iss: 8/9, pp.481 - 491.
[4] Landry, P and Jalbert, T (2001). E-commerce strategies your
shareholders will love, Journal of Corporate Accounting & Finance
Volume 12, Issue 2, pages 45-53, January/February 2001
[5] Hofer, C.W. & Charan, R. (1984). The transition to professional
management: Mission impossible? American Journal of Small Business,
9(1), 1-11.
[6] BH online 2 June 2010. http://www.bharian.com.my/
[7] National SME Development Council of Malaysia Small and Medium
Industries Development Corporation (SMIDEC), 2004.
http://www.smidec.gov.my/
[8] Wennekers, S. and A.R. Thurik (1999), Linking entrepreneurship and
economic growth, Small Business Economics 13, nr. 1, 27-55.
[9] Audretsch, D.B., M.A. Carree and A.R. Thurik (2001), Does
entrepreneurship reduce unemployment? Tinbergen Institute Discussion
Paper TI 2001-074/3, Rotterdam: Tinbergen Institute.
[10] Audretsch, D.B. and A. R. Thurik (2000), Capitalism and democracy in
the 21st century: from the managed to the entrepreneurial economy,
Journal of Evolutionary Economics 10, 17-34.
[11] Carree, M.A. and A.R. Thurik (2003), The impact of entrepreneurship
on economic growth, in Handbook of Entrepreneurship Research, D.B.
Audretsch and Z.J. Acs (eds), Boston/Dordrecht: Kluwer Academic
Publishers, 437-471.
[12] Department of Statistic Malaysia official website 2010.
www.statistics.gov.my/
[13] BH online 28 June 2010. http://www.bharian.com.my/
[14] DTI (1999), Small and Medium Enterprise (SME) Statistics for the
United Kingdom, 1998, Statistical Press Release, 5 August.
[15] Campbell, M., Daly, M., Gallagher, C. and Robson, G. (1991), "Job
creation 1987-1989: the contributions of small and large firms'',
Employment Gazette, November, pp. 589-96.
[16] LMQR (1993), Job Creation: The Contribution of Small and Large
Firms, Department of Employment, August.
[17] Cosh et al., (1996). "Size, Age, Survival and Employment Growth,
Chapter 1 in Cosh, A. and A. Hughes (eds.), The Changing State of
British Enterprise: Growth, Innovation and Competitive Advantage in
Small and Medium Sized Firms 1986-85. ESRC Centre for Business
Research, University of Cambridge.
[18] Siu, W. (2000). "Marketing and company performance of Chinese small
firms in Hong Kong", Marketing Intelligence and Planning, Vol.18 No.
5, pp. 292-307.
[19] www.flyingsolo.com.au/
[20] Romano,C. and Ratnatunga, J. (1995). "The Role of Marketing": Its
Impact on Small Enterprise Research", The European Journal of
Marketing, Vol. 29, No.7, pp 9-30.
[21] Gilmore, A., Carson, D. and Grant, K. (2001), "SME marketing in
practice", Marketing Intelligence & Planning, Vol. 19 No. 1, pp. 6-11.
[22] Hogarth-Scott, S., Watson, K. and Wilson, N. (1996), "Do small
businesses have to practice marketing to survive and grow?", Marketing
Intelligence and Planning, Vol. 14 No.1, pp 6-13.
@article{"International Journal of Business, Human and Social Sciences:59655", author = "Abu Bakar Sedek Abdul Jamak and Saridan Abu Bakar and Zulkipli Ghazali and Roselind Wan", title = "Transformation Building of Micro- Entrepreneurs: A Conceptual Model", abstract = "The majority of micro-entrepreneurs in Malaysia
operate very small-scaled business activities such as food stalls,
burger stalls, night market hawkers, grocery stores, constructions,
rubber and oil palm small holders, and other agro-based services and
activities. Why are they venturing into entrepreneurship - is it for
survival, out of interest or due to encouragement and assistance from
the local government? And why is it that some micro-entrepreneurs
are lagging behind in entrepreneurship, and what do they need to
rectify this situation so that they are able to progress further?
Furthermore, what are the skills that the micro entrepreneurs should
developed to transform them into successful micro-enterprises and
become small and medium-sized enterprises (SME)? This paper
proposes a 7-Step approach that can serve as a basis for identification
of critical entrepreneurial success factors that enable policy makers,
practitioners, consultants, training managers and other agencies in
developing tools to assist micro business owners. This paper also
highlights the experience of one of the successful companies in
Malaysia that has transformed from micro-enterprise to become a
large organization in less than 10 years.", keywords = "Entrepreneurship, Micro-entrepreneurs, Transformation, Customers", volume = "5", number = "11", pages = "1609-6", }
