Turning Malaysia into techpreneurship

Turning Malaysia into techpreneurship. [Newspaper] (2021)



Abstract

The fourth industrial revolution is being led by tech smart entrepreneurs and countries with burgeoning numbers of such innovative entrepreneurs are eventually leading this revolution. "Techpreneurs" as they may ideally be called are the hyper tech product of entrepreneur friendly socio-economic environments. Only two Asian countries namely Japan and South Korea make it among the top 10 global entrepreneurship rankings of 2020 on second and eighth positions respectively, these global rankings are based on a study conducted by BAV Group, a unit of global marketing communications company VMLY&R and the Wharton School of the University of Pennsylvania. Covid-19 pandemic which slowed down the world's economy has alternatively accelerated the evolutionary process of the fourth industrial revolution by giving rise to online professionals and entrepreneurs coming up with innovative services and solutions in a unique competitive environment. This evolution shows that techpreneurs are not only going to supplement the digitalisation and innovative growth of conventional business and industrial sectors but are also themselves becoming a rapidly growing domestic revenue and foreign exchange minting economic sector by selling their innovative online products and services around the world while sitting in their home countries.

Item Type: Newspaper
Keywords: Industrial revolution, Techpreneurs, Smart entrepreneurs
Taxonomy: By Subject > Entrepreneurship > Business Fundamentals
By Subject > Entrepreneurship > Business Planning
Local Content Hub: Subjects > Entrepreneurship
Depositing User: Jamil Jawi
Date Deposited: 11 Feb 2021 03:43
Last Modified: 11 Feb 2021 03:43
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