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Key business characteristics of Chinese entrepreneurs in the Malaysian furniture industry

The rapid growth of the Malaysian furniture industry over the last two decades had successfully transformed an inferior cottage-based industry into a multi-billion Ringgit industry. The Malaysian furniture industry is predominated by small and medium enterprises (SMEs) and of Chinese entrepreneurs....

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Main Author: Tey, Wee Chong
Format: Project Paper Report
Language:English
Published: 2018
Online Access:http://psasir.upm.edu.my/id/eprint/91242/1/FH%202018%2080%20IR.pdf
http://psasir.upm.edu.my/id/eprint/91242/
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spelling my.upm.eprints.912422021-11-05T02:26:03Z http://psasir.upm.edu.my/id/eprint/91242/ Key business characteristics of Chinese entrepreneurs in the Malaysian furniture industry Tey, Wee Chong The rapid growth of the Malaysian furniture industry over the last two decades had successfully transformed an inferior cottage-based industry into a multi-billion Ringgit industry. The Malaysian furniture industry is predominated by small and medium enterprises (SMEs) and of Chinese entrepreneurs. Thus, this research was conducted to study the key business characteristics of Chinese entrepreneurs, which enabled them to sustain and dominate in the Malaysian furniture industry. Results from this research showed that the majority of the respondents practiced family management system and obtained the start up capital through bank loans. Other key characteristics found included respondents were focused on the export market, manufactured products based on their original design and the employment rate of foreign-contract workers was higher compared to local workers. The results concluded that Chinese entrepreneurs were more focused on business aspects, such as market, management and financial in their furniture businesses. 2018 Project Paper Report NonPeerReviewed text en http://psasir.upm.edu.my/id/eprint/91242/1/FH%202018%2080%20IR.pdf Tey, Wee Chong (2018) Key business characteristics of Chinese entrepreneurs in the Malaysian furniture industry. [Project Paper Report]
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description The rapid growth of the Malaysian furniture industry over the last two decades had successfully transformed an inferior cottage-based industry into a multi-billion Ringgit industry. The Malaysian furniture industry is predominated by small and medium enterprises (SMEs) and of Chinese entrepreneurs. Thus, this research was conducted to study the key business characteristics of Chinese entrepreneurs, which enabled them to sustain and dominate in the Malaysian furniture industry. Results from this research showed that the majority of the respondents practiced family management system and obtained the start up capital through bank loans. Other key characteristics found included respondents were focused on the export market, manufactured products based on their original design and the employment rate of foreign-contract workers was higher compared to local workers. The results concluded that Chinese entrepreneurs were more focused on business aspects, such as market, management and financial in their furniture businesses.
format Project Paper Report
author Tey, Wee Chong
spellingShingle Tey, Wee Chong
Key business characteristics of Chinese entrepreneurs in the Malaysian furniture industry
author_facet Tey, Wee Chong
author_sort Tey, Wee Chong
title Key business characteristics of Chinese entrepreneurs in the Malaysian furniture industry
title_short Key business characteristics of Chinese entrepreneurs in the Malaysian furniture industry
title_full Key business characteristics of Chinese entrepreneurs in the Malaysian furniture industry
title_fullStr Key business characteristics of Chinese entrepreneurs in the Malaysian furniture industry
title_full_unstemmed Key business characteristics of Chinese entrepreneurs in the Malaysian furniture industry
title_sort key business characteristics of chinese entrepreneurs in the malaysian furniture industry
publishDate 2018
url http://psasir.upm.edu.my/id/eprint/91242/1/FH%202018%2080%20IR.pdf
http://psasir.upm.edu.my/id/eprint/91242/
_version_ 1717095432197242880
score 13.211869

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