An Overview of the Determinants That Escalates Cottage Industry

Abstract

In Malaysia, Cottage Industry is a major source of revenue for the villagers. It's mostly small-scale operations that rely on local resources and conventional skills, with low upfront costs and quick returns. However, due to a lack of new technologies, infrastructure, and knowledge transfer, the industry might not be thriving right now. The aim of this research is to evaluate the current roles, challenges, and gaps in Perak's CI. This study was carried out via face-to-face interview on 10 stakeholders from different agencies. This study shows a number of factors affect a community's socioeconomic development and CI business. Internal and external factors, such as interest and self-motivation, as well as the positions of various organisations, as well as family and community support, all contribute to this.

Guanxi as a Strategic Asset: Its Mediating Role in Resource Utilization and Business Performance in the Chinese Cottage Industry

“…He and Walheer (2020) examines labor productivity growth in China's manufacturing industry and finds that technology progress contributes significantly to productivity growth. Pathmananathan et al (2021) focuses on the crafts industry in rural India and proposes an ICT-driven peer-to-peer collaborative supply chain model to address the industry's challenges. Pathmananathan et al (2021) explores the determinants of cottage industry development in Malaysia and highlights the importance of factors like infrastructure, knowledge transfer, and community support.…”

“…Pathmananathan et al (2021) focuses on the crafts industry in rural India and proposes an ICT-driven peer-to-peer collaborative supply chain model to address the industry's challenges. Pathmananathan et al (2021) explores the determinants of cottage industry development in Malaysia and highlights the importance of factors like infrastructure, knowledge transfer, and community support. Lastly, Yang and Zhou (2017) investigates the role of intangible capital in China's economic growth and finds that it explains a significant portion of total factor productivity growth.…”