Success factors of overall improvement of microenterprises in Malaysia: an empirical study
Most of the enterprises of the World belong to the class of microenterprises and thus, the contributions of icroenterprises to the national economic growth and development of the ountries are not ignorable. Establishing a microenterprise does not involve the huge formalities and substantial funds t...
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my.iium.irep.496372017-10-23T06:57:41Z http://irep.iium.edu.my/49637/ Success factors of overall improvement of microenterprises in Malaysia: an empirical study Alom, Fardous Abdullah, Moha Asri Moten, Abdul Rashid Azam, Ferdous HB522 Income. Factor shares.Interest.Profit.Entrepreneurship Most of the enterprises of the World belong to the class of microenterprises and thus, the contributions of icroenterprises to the national economic growth and development of the ountries are not ignorable. Establishing a microenterprise does not involve the huge formalities and substantial funds that small, medium and large enterprises require. However, for a healthy growth of microenterprises, the determining factors must be identified and policies should be undertaken and implemented in an appropriate manner. The objective of the current study is to identify different potential factors that contribute to the overall growth of the Malaysian microenterprises. Computing descriptive statistics and applying multiple regression analysis to data for 253 microenterprises of Malaysia, the study finds that a certain number of entrepreneurial and enterprise characteristics along with several economic factors affect the overall performance of microenterprises. Specifically, it is found that competition and the age of the enterprises negatively affect overall performance of the microenterprises whereas age of the entrepreneurs, education, business training, demand for the product/service, availability of physical space for business expansion in the city area, availability of financing and sufficiency of secured amount of finance pose positive impacts on the growth. The results of this study provide some insights to policymakers and business practitioners to address the determinants pertaining to microenterprise growth Springer 2016-02-13 Article REM application/pdf en http://irep.iium.edu.my/49637/1/Paper_in_journal_of_global_entrepreneurship_research.pdf Alom, Fardous and Abdullah, Moha Asri and Moten, Abdul Rashid and Azam, Ferdous (2016) Success factors of overall improvement of microenterprises in Malaysia: an empirical study. Journalof Global Entrepreneurship Research, 6 (7). pp. 1-13. ISSN 2251-7316 http://journal-jger.springeropen.com/articles/10.1186/s40497-016-0050-2 10.1186/s40497-016-0050-2 |
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| language |
English |
| topic |
HB522 Income. Factor shares.Interest.Profit.Entrepreneurship |
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HB522 Income. Factor shares.Interest.Profit.Entrepreneurship Alom, Fardous Abdullah, Moha Asri Moten, Abdul Rashid Azam, Ferdous Success factors of overall improvement of microenterprises in Malaysia: an empirical study |
| description |
Most of the enterprises of the World belong to the class of microenterprises and thus, the contributions of icroenterprises to the national economic growth and development of the ountries are not ignorable. Establishing a microenterprise does
not involve the huge formalities and substantial funds that small, medium and large enterprises require. However, for a healthy growth of microenterprises, the determining
factors must be identified and policies should be undertaken and implemented in an appropriate manner. The objective of the current study is to identify different potential factors that contribute to the overall growth of the Malaysian microenterprises. Computing descriptive statistics and applying multiple regression analysis to data for
253 microenterprises of Malaysia, the study finds that a certain number of entrepreneurial and enterprise characteristics along with several economic factors
affect the overall performance of microenterprises. Specifically, it is found that competition and the age of the enterprises negatively affect overall performance
of the microenterprises whereas age of the entrepreneurs, education, business training, demand for the product/service, availability of physical space for business expansion in the city area, availability of financing and sufficiency of secured
amount of finance pose positive impacts on the growth. The results of this study provide some insights to policymakers and business practitioners to address the determinants pertaining to microenterprise growth |
| format |
Article |
| author |
Alom, Fardous Abdullah, Moha Asri Moten, Abdul Rashid Azam, Ferdous |
| author_facet |
Alom, Fardous Abdullah, Moha Asri Moten, Abdul Rashid Azam, Ferdous |
| author_sort |
Alom, Fardous |
| title |
Success factors of overall improvement of
microenterprises in Malaysia: an empirical
study |
| title_short |
Success factors of overall improvement of
microenterprises in Malaysia: an empirical
study |
| title_full |
Success factors of overall improvement of
microenterprises in Malaysia: an empirical
study |
| title_fullStr |
Success factors of overall improvement of
microenterprises in Malaysia: an empirical
study |
| title_full_unstemmed |
Success factors of overall improvement of
microenterprises in Malaysia: an empirical
study |
| title_sort |
success factors of overall improvement of
microenterprises in malaysia: an empirical
study |
| publisher |
Springer |
| publishDate |
2016 |
| url |
http://irep.iium.edu.my/49637/1/Paper_in_journal_of_global_entrepreneurship_research.pdf http://irep.iium.edu.my/49637/ http://journal-jger.springeropen.com/articles/10.1186/s40497-016-0050-2 |
| _version_ |
1643613572172873728 |
| score |
13.211869 |