The development of Malay entrepreneurship in Malaysia

Hamidon, Syahira The development of Malay entrepreneurship in Malaysia. Institut Terjemahan Dan Buku Malaysia Berhad, Kuala Lumpur, Malaysia. ISBN 9789674304942 (2014)


Since the institution of the New Economic Policy (NEP) in 1971 and beyond its end in 1990, the Malaysian government has had mixed successes in developing Malay entrepreneurship. Despite ongoing of privileges and assistance and the government's concerted efforts and initiatives, Malay entrepreneurship still continues to lag behind that of the Chinese. This study centres on the challenges faced by the Government of Malaysia in the promotion of Malay entrepreneurial development. Based on interviews with diverse people, both within and outside the government, the study reveals that Malay entrepreneurial development is a complex process confronted by many issues and problems. The study also reveals that government privileges and assistance to Malays to promote entrepreneurship do not help much in boosting an entrepreneurial culture nor do they help them in enhancing entrepreneurial competitiveness and achievement. Instead, such privileges and assistance have conversely made the Chinese more resilient and competitive entrepreneurially but discriminative against the Malays. This conclusion confirms the proposition that "state assistance in the form of affirmative action to an economically-challenged sector of society does little to create entrepreneurship; rather it challenges rival economic groups to sharpen their own competitiveness".

Item Type: Book
Keywords: Entrepreneurship, Government policy, Social aspects, New Economic Policy (NEP)
Taxonomy: By Subject > Entrepreneurship > Business Planning
Local Content Hub: Subjects > Entrepreneurship
Depositing User: Idris Muhammad
Date Deposited: 12 Oct 2021 23:46
Last Modified: 13 Oct 2021 05:00
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