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Entrepreneurship in Malaysia

Entrepreneurship in Malaysia
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Copyright: 2020
Pages: 35
Source title: Micro-Entrepreneurship and Micro-Enterprise Development in Malaysia: Emerging Research and Opportunities
Source Author(s)/Editor(s): Abdullah Al Mamun (UCSI University, Malaysia), Mohammad Nurul Huda Mazumder (George Brown College, Canada), Noor Raihani Zainol (Universiti Malaysia Kelantan (UMK), Malaysia) and Rajennd Muniady (New Era University College (NEUC), Malaysia)
DOI: 10.4018/978-1-5225-8473-5.ch002

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Abstract

This chapter presents a brief description regarding the types and characteristics of entrepreneurial activities in Malaysia. This chapter further illustrates the programs and policies initiated to promote entrepreneurial activities in Malaysia, followed by entrepreneurship and economic development in Malaysia, informal entrepreneurship in Malaysia, as well as characteristics of informal micro-entrepreneurship. Finally, this chapter provides future directions for micro-enterprises to propose initiatives that focus on developmental programs and policy making in Malaysia. To introduce successful micro-credit programs, underlying organizations in emerging economies should be consistent in terms of cost-efficient operations without favoritism and political elements.

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