Entrepreneurial Challenges Confronting Micro Enterprise of Malaysian Malays
This research focuses on micro-enterprise of
Malaysian Malays that are involved in very small-scaled business
activities. Among them include food stall and burger stall operators,
night market hawkers, grocery store operators as well as construction
and small service activities works. The study seeks to explore why
some micro-entrepreneurs still lag in entrepreneurship and what
needs to be rectified. This quantitative study is conducted on 173
Malay micro-enterprise owners (MEOs) and 58 Malay failed microenterprise
owners (FMEOs) involved in all range of businesses
throughout the state of Perak, Malaysia. The main aims are to
identify the gaps between the failed micro-enterprise owners
(FMEOs) and existing micro-enterprise owners (MEOs) and the
problems faced among FMEOs. The results reveal that the MEOs had
strong motivations and better marketing approaches as compared to
FMEOs. Furthermore, the FMEOs failed in the business ventures
mainly due to lack of management, sales and marketing skills and
poor competitive abilities to keep up with rivals.
[1] Department of Statistic Malaysia official website 2010.
www.statistics.gov.my/
[2] Wennekers, S. and A.R. Thurik (1999), Linking entrepreneurship and
economic growth, Small Business Economics 13, nr. 1, 27-55.
[3] 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.
[4] 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.
[5] 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.
[6] Laporan Tahunan Perusahaan Kecil dan Sederhana 2006, Bank Negara
Malaysia.
[7] National SME Development Council of Malaysia Small and Medium
Industries Development Corporation (SMIDEC), 2004.
http://www.smidec.gov.my/
[8] 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.
[9] 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.
[10] 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.
[11] 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
[12] 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
[13] SMIDEC Annual Report, 2008. http://www.smidec.gov.my/
[14] Boter, H. and Lundstrom, A. (2005), " SME Perspectives on
BusinessSupport Services", Journal of Small Business and Enterprise
Development, Vol. 12. No. 2, pp. 244-258.
[15] Berry, A.J. and Sweating, R. (2006), "The Effect of Business Advice on
the Performance of SMEs", Journal of Small Business and Enterprise
Development, Vol. 13, No. 1, pp. 33-47.
[16] Curan, J. (2000), "What is small business policy in the UK for?
Evaluation and assessing small business policies", International Small
Business journal, Vol. 18 No.. 3, pp. 36-50
[17] BH online 28 June 2010. http://www.bharian.com.my/
[18] DTI (1999), Small and Medium Enterprise (SME) Statistics for the
United Kingdom, 1998, Statistical Press Release, 5 August.
[19] 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.
[20] LMQR (1993), Job Creation: The Contribution of Small and Large
Firms, Department of Employment, August.
[21] 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.
[22] BH online 2 June 2010. http://www.bharian.com.my/
[23] Hofer, C.W. & Charan, R. (1984). The transition to professional
management: Mission impossible? American Journal of Small Business,
9(1), 1-11.
[24] Kotler, P. (2010). "Marketing Management, Analysis, Planning,
Implementation and control", USA: Prentice Hall.
[1] Department of Statistic Malaysia official website 2010.
www.statistics.gov.my/
[2] Wennekers, S. and A.R. Thurik (1999), Linking entrepreneurship and
economic growth, Small Business Economics 13, nr. 1, 27-55.
[3] 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.
[4] 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.
[5] 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.
[6] Laporan Tahunan Perusahaan Kecil dan Sederhana 2006, Bank Negara
Malaysia.
[7] National SME Development Council of Malaysia Small and Medium
Industries Development Corporation (SMIDEC), 2004.
http://www.smidec.gov.my/
[8] 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.
[9] 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.
[10] 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.
[11] 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
[12] 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
[13] SMIDEC Annual Report, 2008. http://www.smidec.gov.my/
[14] Boter, H. and Lundstrom, A. (2005), " SME Perspectives on
BusinessSupport Services", Journal of Small Business and Enterprise
Development, Vol. 12. No. 2, pp. 244-258.
[15] Berry, A.J. and Sweating, R. (2006), "The Effect of Business Advice on
the Performance of SMEs", Journal of Small Business and Enterprise
Development, Vol. 13, No. 1, pp. 33-47.
[16] Curan, J. (2000), "What is small business policy in the UK for?
Evaluation and assessing small business policies", International Small
Business journal, Vol. 18 No.. 3, pp. 36-50
[17] BH online 28 June 2010. http://www.bharian.com.my/
[18] DTI (1999), Small and Medium Enterprise (SME) Statistics for the
United Kingdom, 1998, Statistical Press Release, 5 August.
[19] 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.
[20] LMQR (1993), Job Creation: The Contribution of Small and Large
Firms, Department of Employment, August.
[21] 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.
[22] BH online 2 June 2010. http://www.bharian.com.my/
[23] Hofer, C.W. & Charan, R. (1984). The transition to professional
management: Mission impossible? American Journal of Small Business,
9(1), 1-11.
[24] Kotler, P. (2010). "Marketing Management, Analysis, Planning,
Implementation and control", USA: Prentice Hall.
@article{"International Journal of Business, Human and Social Sciences:61084", author = "Abu Bakar Sedek Abdul Jamak and Rohani Salleh and Subarna Sivapalan and Azrai Abdullah", title = "Entrepreneurial Challenges Confronting Micro Enterprise of Malaysian Malays", abstract = "This research focuses on micro-enterprise of
Malaysian Malays that are involved in very small-scaled business
activities. Among them include food stall and burger stall operators,
night market hawkers, grocery store operators as well as construction
and small service activities works. The study seeks to explore why
some micro-entrepreneurs still lag in entrepreneurship and what
needs to be rectified. This quantitative study is conducted on 173
Malay micro-enterprise owners (MEOs) and 58 Malay failed microenterprise
owners (FMEOs) involved in all range of businesses
throughout the state of Perak, Malaysia. The main aims are to
identify the gaps between the failed micro-enterprise owners
(FMEOs) and existing micro-enterprise owners (MEOs) and the
problems faced among FMEOs. The results reveal that the MEOs had
strong motivations and better marketing approaches as compared to
FMEOs. Furthermore, the FMEOs failed in the business ventures
mainly due to lack of management, sales and marketing skills and
poor competitive abilities to keep up with rivals.", keywords = "Micro-enterprises, Malays, entrepreneurship,Malaysia", volume = "5", number = "11", pages = "1651-6", }
