Small Medium Enterprises (SMEs) business owner’s wellbeing and business growth in Malaysia

The most common attribute found among successful Small Medium Enterprises (SMEs) is constantly growing their business. Business owner’s wellbeing evidently played pivotal role in SMEs business growth. Although extensive research has been carried out on the subject of SMEs business growth, their...

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Main Author: Engku Aiesyah Amirah Engku Md Azmi
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2020
Online Access:http://journalarticle.ukm.my/17048/1/44471-143370-1-PB.pdf
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author Engku Aiesyah Amirah Engku Md Azmi,
author_facet Engku Aiesyah Amirah Engku Md Azmi,
author_sort Engku Aiesyah Amirah Engku Md Azmi,
collection UKM
description The most common attribute found among successful Small Medium Enterprises (SMEs) is constantly growing their business. Business owner’s wellbeing evidently played pivotal role in SMEs business growth. Although extensive research has been carried out on the subject of SMEs business growth, their wellbeing remained relatively under-explored. As a result, a thorough understanding on SMEs business owner’s wellbeing in Terengganu was very poor and the barriers to business growth remain persistent. It is against this backdrop that this paper seeks to explore SMEs business owner’s attitude which impede their business growth that directly linked with their wellbeing. Analysis of data from 30 semi-structured interviews with SMEs related experts and business owners revealed six common traits of business owners’ attitude; complacent, reliance, expectation, inculpate, unmotivated and incurious. In addition to common traits, findings revealed further understanding on their attitudinal motivations. Thorough understanding on SMEs business owner’s attitude found among participants in this study explained their minimal growth which lies beyond superficial negative attribute that was projected, rather, driven by external circumstances. This study provides a fine-grained understanding of SMEs business owner’s wellbeing in Terengganu through a lenses of both experts and business owners.
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spelling ukm.eprints-170482021-07-13T02:02:30Z http://journalarticle.ukm.my/17048/ Small Medium Enterprises (SMEs) business owner’s wellbeing and business growth in Malaysia Engku Aiesyah Amirah Engku Md Azmi, The most common attribute found among successful Small Medium Enterprises (SMEs) is constantly growing their business. Business owner’s wellbeing evidently played pivotal role in SMEs business growth. Although extensive research has been carried out on the subject of SMEs business growth, their wellbeing remained relatively under-explored. As a result, a thorough understanding on SMEs business owner’s wellbeing in Terengganu was very poor and the barriers to business growth remain persistent. It is against this backdrop that this paper seeks to explore SMEs business owner’s attitude which impede their business growth that directly linked with their wellbeing. Analysis of data from 30 semi-structured interviews with SMEs related experts and business owners revealed six common traits of business owners’ attitude; complacent, reliance, expectation, inculpate, unmotivated and incurious. In addition to common traits, findings revealed further understanding on their attitudinal motivations. Thorough understanding on SMEs business owner’s attitude found among participants in this study explained their minimal growth which lies beyond superficial negative attribute that was projected, rather, driven by external circumstances. This study provides a fine-grained understanding of SMEs business owner’s wellbeing in Terengganu through a lenses of both experts and business owners. Penerbit Universiti Kebangsaan Malaysia 2020 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/17048/1/44471-143370-1-PB.pdf Engku Aiesyah Amirah Engku Md Azmi, (2020) Small Medium Enterprises (SMEs) business owner’s wellbeing and business growth in Malaysia. Geografia : Malaysian Journal of Society and Space, 16 (4). pp. 296-310. ISSN 2180-2491 https://ejournals.ukm.my/gmjss/issue/view/1357
spellingShingle Engku Aiesyah Amirah Engku Md Azmi,
Small Medium Enterprises (SMEs) business owner’s wellbeing and business growth in Malaysia
title Small Medium Enterprises (SMEs) business owner’s wellbeing and business growth in Malaysia
title_full Small Medium Enterprises (SMEs) business owner’s wellbeing and business growth in Malaysia
title_fullStr Small Medium Enterprises (SMEs) business owner’s wellbeing and business growth in Malaysia
title_full_unstemmed Small Medium Enterprises (SMEs) business owner’s wellbeing and business growth in Malaysia
title_short Small Medium Enterprises (SMEs) business owner’s wellbeing and business growth in Malaysia
title_sort small medium enterprises smes business owner s wellbeing and business growth in malaysia
url http://journalarticle.ukm.my/17048/1/44471-143370-1-PB.pdf
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