A proposed framework for assessing the readiness of ai in small and medium enterprises (SMEs) in Malaysia
Small and Medium Enterprises (SMEs) have become increasingly important to Malaysia’s economy in recent years. They contribute significantly to GDP growth, job creation, and innovation. However, SMEs often face various challenges such as limited resources, market competition, and technolo...
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| Format: | Article |
| Language: | en |
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Creative Publishing House
2024
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| Online Access: | http://eprints.utem.edu.my/id/eprint/29209/2/02703060920241025121107.pdf http://eprints.utem.edu.my/id/eprint/29209/ https://ecohumanism.co.uk/joe/ecohumanism/article/view/3893/3109 https://doi.org/10.62754/joe.v3i5.3893 |
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| _version_ | 1854094343347896320 |
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| author | Teoh, Wendy Ming Yen Tan, Lay Hong Yuen, Yee Yen |
| author_facet | Teoh, Wendy Ming Yen Tan, Lay Hong Yuen, Yee Yen |
| author_sort | Teoh, Wendy Ming Yen |
| building | UTEM Library |
| collection | Institutional Repository |
| content_provider | Universiti Teknikal Malaysia Melaka |
| content_source | UTEM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | Small and Medium Enterprises (SMEs) have become increasingly important to Malaysia’s economy in recent years. They contribute significantly to GDP growth, job creation, and innovation. However, SMEs often face various challenges such as limited resources, market competition, and technological barriers. In this digital age, integrating Artificial Intelligence (AI) has tremendous potential to overcome these challenges and drive SMEs towards sustainable growth and competitiveness. Despite this, it remains unclear whether Malaysian SMEs are ready to adopt and use AI technologies. This research aims to bridge this gap by investigating the readiness of Malaysian SMEs to embrace AI, the factors that influence their readiness, and the potential impact of AI integration on their business performance and competitiveness. This initiative aligns with the National Science, Technology, and Innovation Policy (NSTIP) 2021 2030, i.e., promoting the development and readiness of local technology. This study proposes a conceptual framework to provide a detailed understanding of the readiness of Malaysian SMEs to adopt AI, analyze the factors that influence AI readiness, and evaluate the potential impact of AI integration on their business performance and competitiveness. The findings will inform future research initiatives aimed at enhancing SME competitiveness and fostering innovation in Malaysia’s business ecosystem. |
| format | Article |
| id | my.utem.eprints-29209 |
| institution | Universiti Teknikal Malaysia Melaka |
| language | en |
| publishDate | 2024 |
| publisher | Creative Publishing House |
| record_format | eprints |
| spelling | my.utem.eprints-292092025-12-30T07:04:28Z http://eprints.utem.edu.my/id/eprint/29209/ A proposed framework for assessing the readiness of ai in small and medium enterprises (SMEs) in Malaysia Teoh, Wendy Ming Yen Tan, Lay Hong Yuen, Yee Yen Small and Medium Enterprises (SMEs) have become increasingly important to Malaysia’s economy in recent years. They contribute significantly to GDP growth, job creation, and innovation. However, SMEs often face various challenges such as limited resources, market competition, and technological barriers. In this digital age, integrating Artificial Intelligence (AI) has tremendous potential to overcome these challenges and drive SMEs towards sustainable growth and competitiveness. Despite this, it remains unclear whether Malaysian SMEs are ready to adopt and use AI technologies. This research aims to bridge this gap by investigating the readiness of Malaysian SMEs to embrace AI, the factors that influence their readiness, and the potential impact of AI integration on their business performance and competitiveness. This initiative aligns with the National Science, Technology, and Innovation Policy (NSTIP) 2021 2030, i.e., promoting the development and readiness of local technology. This study proposes a conceptual framework to provide a detailed understanding of the readiness of Malaysian SMEs to adopt AI, analyze the factors that influence AI readiness, and evaluate the potential impact of AI integration on their business performance and competitiveness. The findings will inform future research initiatives aimed at enhancing SME competitiveness and fostering innovation in Malaysia’s business ecosystem. Creative Publishing House 2024 Article PeerReviewed text en http://eprints.utem.edu.my/id/eprint/29209/2/02703060920241025121107.pdf Teoh, Wendy Ming Yen and Tan, Lay Hong and Yuen, Yee Yen (2024) A proposed framework for assessing the readiness of ai in small and medium enterprises (SMEs) in Malaysia. Journal of Ecohumanism, 3 (5). pp. 254-260. ISSN 2752-6798 https://ecohumanism.co.uk/joe/ecohumanism/article/view/3893/3109 https://doi.org/10.62754/joe.v3i5.3893 |
| spellingShingle | Teoh, Wendy Ming Yen Tan, Lay Hong Yuen, Yee Yen A proposed framework for assessing the readiness of ai in small and medium enterprises (SMEs) in Malaysia |
| title | A proposed framework for assessing the readiness of ai in small and medium enterprises (SMEs) in Malaysia |
| title_full | A proposed framework for assessing the readiness of ai in small and medium enterprises (SMEs) in Malaysia |
| title_fullStr | A proposed framework for assessing the readiness of ai in small and medium enterprises (SMEs) in Malaysia |
| title_full_unstemmed | A proposed framework for assessing the readiness of ai in small and medium enterprises (SMEs) in Malaysia |
| title_short | A proposed framework for assessing the readiness of ai in small and medium enterprises (SMEs) in Malaysia |
| title_sort | proposed framework for assessing the readiness of ai in small and medium enterprises (smes) in malaysia |
| url | http://eprints.utem.edu.my/id/eprint/29209/2/02703060920241025121107.pdf http://eprints.utem.edu.my/id/eprint/29209/ https://ecohumanism.co.uk/joe/ecohumanism/article/view/3893/3109 https://doi.org/10.62754/joe.v3i5.3893 |
| url_provider | http://eprints.utem.edu.my/ |