The Source of Information of The Government Sponsored Business assistance Among Micro-sized Entrepreneurs in Kelantan, Malaysia

This study seeks to investigate the sources of information pertaining the government sponsored business assistances among micro-sized SMEs in Kelantan, Malaysia. Despite the numerous business assistances offered by a number of agencies that are accessible to the micro-sized SMEs, the present study s...

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Main Author: Mohd Nor Hakimin Yusof
Format: Non-Indexed Article
Language:English
Published: 2011
Online Access:http://discol.umk.edu.my/id/eprint/7610/1/Article_1.pdf
http://discol.umk.edu.my/id/eprint/7610/
http://www.ijbssnet.com/journals/Vol._2_No._3_[Special_Issue_-_January_2011]/11.pdf
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spelling my.umk.eprints.76102022-05-23T15:24:19Z http://discol.umk.edu.my/id/eprint/7610/ The Source of Information of The Government Sponsored Business assistance Among Micro-sized Entrepreneurs in Kelantan, Malaysia Mohd Nor Hakimin Yusof This study seeks to investigate the sources of information pertaining the government sponsored business assistances among micro-sized SMEs in Kelantan, Malaysia. Despite the numerous business assistances offered by a number of agencies that are accessible to the micro-sized SMEs, the present study shows that majority of the respondents have acquired the information from friends rather than the government agencies. Trustworthiness and timeliness are the factors cited for choosing friends as information provider. However, information obtained from friends sometimes inaccurate and incomprehensive. As a result, many of these business support programmes are not fully understood therefore not utilised. The study also shows majority of respondents perceived financial assistance is the only type of business support available. Thus, majority of the respondents used financial services (loan) from the government agencies without taking much heed of the other support programmes. These findings indicate an inadequate knowledge among micro-sized SMEs on the various type of the government support programes. It is recommended that a more pro-active measure should be undertaken by the government agencies concerned to aggressively disseminate information of the various business support programmes. The failure to efficiently propagate the availability of these services has a great impact on the performance of the micro-sized SMEs. 2011 Non-Indexed Article NonPeerReviewed text en http://discol.umk.edu.my/id/eprint/7610/1/Article_1.pdf Mohd Nor Hakimin Yusof (2011) The Source of Information of The Government Sponsored Business assistance Among Micro-sized Entrepreneurs in Kelantan, Malaysia. International Journal of Business and Social Science, 2 (3). pp. 106-114. ISSN 2219-6021 http://www.ijbssnet.com/journals/Vol._2_No._3_[Special_Issue_-_January_2011]/11.pdf
institution Universiti Malaysia Kelantan
building Perpustakaan Universiti Malaysia Kelantan
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Kelantan
content_source UMK Institutional Repository
url_provider http://umkeprints.umk.edu.my/
language English
description This study seeks to investigate the sources of information pertaining the government sponsored business assistances among micro-sized SMEs in Kelantan, Malaysia. Despite the numerous business assistances offered by a number of agencies that are accessible to the micro-sized SMEs, the present study shows that majority of the respondents have acquired the information from friends rather than the government agencies. Trustworthiness and timeliness are the factors cited for choosing friends as information provider. However, information obtained from friends sometimes inaccurate and incomprehensive. As a result, many of these business support programmes are not fully understood therefore not utilised. The study also shows majority of respondents perceived financial assistance is the only type of business support available. Thus, majority of the respondents used financial services (loan) from the government agencies without taking much heed of the other support programmes. These findings indicate an inadequate knowledge among micro-sized SMEs on the various type of the government support programes. It is recommended that a more pro-active measure should be undertaken by the government agencies concerned to aggressively disseminate information of the various business support programmes. The failure to efficiently propagate the availability of these services has a great impact on the performance of the micro-sized SMEs.
format Non-Indexed Article
author Mohd Nor Hakimin Yusof
spellingShingle Mohd Nor Hakimin Yusof
The Source of Information of The Government Sponsored Business assistance Among Micro-sized Entrepreneurs in Kelantan, Malaysia
author_facet Mohd Nor Hakimin Yusof
author_sort Mohd Nor Hakimin Yusof
title The Source of Information of The Government Sponsored Business assistance Among Micro-sized Entrepreneurs in Kelantan, Malaysia
title_short The Source of Information of The Government Sponsored Business assistance Among Micro-sized Entrepreneurs in Kelantan, Malaysia
title_full The Source of Information of The Government Sponsored Business assistance Among Micro-sized Entrepreneurs in Kelantan, Malaysia
title_fullStr The Source of Information of The Government Sponsored Business assistance Among Micro-sized Entrepreneurs in Kelantan, Malaysia
title_full_unstemmed The Source of Information of The Government Sponsored Business assistance Among Micro-sized Entrepreneurs in Kelantan, Malaysia
title_sort source of information of the government sponsored business assistance among micro-sized entrepreneurs in kelantan, malaysia
publishDate 2011
url http://discol.umk.edu.my/id/eprint/7610/1/Article_1.pdf
http://discol.umk.edu.my/id/eprint/7610/
http://www.ijbssnet.com/journals/Vol._2_No._3_[Special_Issue_-_January_2011]/11.pdf
_version_ 1763303865898237952
score 13.211869