Innovation barriers and risks for food processing SMEs in Malaysia: a logistic regression analysis. GEOGRAFIA Online Malaysian Journal of Society and Space, 12 (2): 15. pp. 167-178. ISSN 2180-2491 (2016)
Abstract
The food industry is facing a period of rapid change driven by globalization, trade liberalization, development of genetic, processing and information technology, intellectual property rights, changes in family structure and health and food safety concerns. Given that the food processing SMEs account for a large part of mainstream businesses in Malaysia, this study sought to examine the impact of barriers and risks on the innovation of new product, process and services of food processing SMEs in Malaysia. To achieve this objectives, the study analysed primary data gathered from 247 executives of food processing SMEs in Malaysia with statistical and econometric techniques. The multiple logistic regression models were employed to estimate how innovations were being affected by the existing barriers. The study revealed that the Malaysian SMEs were suffering from financial sourcing problems and beset with the barriers of human capital, business competitiveness, infrastructure, and government policy.
| Item Type: | Article |
|---|---|
| Keywords: | Business competitiveness, Small medium enterprises, Financial sourcing problems |
| Taxonomy: | By Subject > Entrepreneurship > Business Fundamentals By Subject > Entrepreneurship > Business Planning |
| Local Content Hub: | Subjects > Entrepreneurship |
| Depositing User: | Farleen Azrina Zamberi |
| Date Deposited: | 14 Jan 2021 23:18 |
| Last Modified: | 14 Jan 2021 23:18 |
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