Performance among Youth Entrepreneur in Malaysia Micro SMEs

Abstract

Entrepreneurship development calls for support from various quarters and primarily the need exists to initiate a youth entrepreneurship culture and drive amongst the youth in the society. The Malaysian government launched several programs and schemes to boost SMEs activities. This study aims to study the determinants of youth entrepreneur's business performance involved in micro SMEs in Malaysia. Specifically, the study analyses the relationship of infrastructure facility, business support facility and government policy with the performance of youth entrepreneurs. The study adopts a quantitative approach whereby a questionnaire survey was used to gather data. The questionnaires were distributed to sample selected using data by the Department of Statistics, Malaysia. Seemingly unrelated regression (SURE) was chosen as a method to allow for contemporaneous correlation among errors in these regression models. The results of this study is expected to give insight into the developing youth entrepreneur, thus, assisting the government in formulation policies for the development of youth entrepreneur specifically involved in micro SMEs.

The effects of students’ entrepreneurial characteristics on their propensity to become entrepreneurs in Malaysia

“…As such, Malaysian Government has not only encouraged entrepreneurship education in its public universities; it also has a forward looking entrepreneur-friendly national policy as well as other support programmes, such as technical and training assistance, financial and credit assistance, infrastructure supports, extension and advisory services, marketing and market research, land/building facilities, management expertise, and information about the market and tax deduction (Khan et al , 2016; Oshikoya and Hussain, 1998; Skuras et al , 2003). To complement government efforts on various entrepreneurship support programmes, universities have also been working tirelessly to inculcate entrepreneurship knowledge and spirit in students through class discussions and seminars.…”

Faktor-faktor yang Mempengaruhi Hasrat Keusahawanan di kalangan Pelajar Pengajian Tinggi

“…Keusahawanan mampu menyediakan peluang pekerjaan dan menyumbang kepada pertumbuhan ekonomi (Hessels & Naudé, 2019). Negara membangun seperti Malaysia dengan isu kadar pengangguran yang tinggi harus menggalakkan pelajar menyertai keusahawanan dan melihatnya sebagai pilihan kerjaya (Ambad & Damit, 2016;Khan, 2016).…”

Demographic Factors, Entrepreneurial Munificence And Business Networking And Youth Entrepreneurs’ Success

“…TEKUN Nasional and Amanah Ikhtiar Malaysia (AIM) also provide fundings for youth entrepreneurs. They were established in 1987 to provide funding for microenterprises and small businesses, especially for new start-ups owned by young entrepreneurs (Jan et al, 2016). Graduate Entrepreneurship Fund and 1Malaysia Entrepreneurs (1MET) were also established to help young graduates to start their businesses.…”