Enabling social enterprise success in Malaysia: A conceptual model linking entrepreneurial ecosystem and financial performance

With the evidence that social enterprises (SEs) are playing a significant role in promoting a country’s inclusive growth, it is worrying that only 33% of the social enterprises in Malaysia are able to sustain themselves by making profit, according to the report of the Malaysian Global Innovation and...

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Main Authors: Ng, Shean-Min, Ho, Theresa C. F., Teo, Poh-Chuin
Format: Article
Language:English
Published: Human Resource Management Academic Research Society 2024
Subjects:
Online Access:http://eprints.utm.my/109070/1/SheanMinNg2024_EnablingSocialEnterpriseSuccessinMalaysia.pdf
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author Ng, Shean-Min
Ho, Theresa C. F.
Teo, Poh-Chuin
author_facet Ng, Shean-Min
Ho, Theresa C. F.
Teo, Poh-Chuin
author_sort Ng, Shean-Min
collection ePrints
description With the evidence that social enterprises (SEs) are playing a significant role in promoting a country’s inclusive growth, it is worrying that only 33% of the social enterprises in Malaysia are able to sustain themselves by making profit, according to the report of the Malaysian Global Innovation and Creativity Centre (MaGIC) in year 2019. Therefore, this finding raises concerns where it is crucial and pressing to identify what are the resources that would assist social enterprises to achieve sustainable financial performance. Despite some studies that have explained the positive relationship between entrepreneurial ecosystem (EE) and commercial enterprises, there are still limited studies connecting entrepreneurial ecosystem to the financial performance of social enterprises. From this angle, the purpose of this study is to determine if the entrepreneurial ecosystem in Malaysia influences the financial performance of Malaysian social enterprises. A total of 130 online questionnaires will be distributed to the founders and co-founders of social enterprises in Malaysia with the purpose of data collection.
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spelling utm.eprints-1090702025-01-28T08:33:41Z http://eprints.utm.my/109070/ Enabling social enterprise success in Malaysia: A conceptual model linking entrepreneurial ecosystem and financial performance Ng, Shean-Min Ho, Theresa C. F. Teo, Poh-Chuin HB Economic Theory With the evidence that social enterprises (SEs) are playing a significant role in promoting a country’s inclusive growth, it is worrying that only 33% of the social enterprises in Malaysia are able to sustain themselves by making profit, according to the report of the Malaysian Global Innovation and Creativity Centre (MaGIC) in year 2019. Therefore, this finding raises concerns where it is crucial and pressing to identify what are the resources that would assist social enterprises to achieve sustainable financial performance. Despite some studies that have explained the positive relationship between entrepreneurial ecosystem (EE) and commercial enterprises, there are still limited studies connecting entrepreneurial ecosystem to the financial performance of social enterprises. From this angle, the purpose of this study is to determine if the entrepreneurial ecosystem in Malaysia influences the financial performance of Malaysian social enterprises. A total of 130 online questionnaires will be distributed to the founders and co-founders of social enterprises in Malaysia with the purpose of data collection. Human Resource Management Academic Research Society 2024-02-10 Article PeerReviewed application/pdf en http://eprints.utm.my/109070/1/SheanMinNg2024_EnablingSocialEnterpriseSuccessinMalaysia.pdf Ng, Shean-Min and Ho, Theresa C. F. and Teo, Poh-Chuin (2024) Enabling social enterprise success in Malaysia: A conceptual model linking entrepreneurial ecosystem and financial performance. International Journal of Academic Research in Business and Social Sciences, 14 (2). pp. 701-715. ISSN 2222-6990 http://dx.doi.org/10.6007/IJARBSS/v14-i2/20681 DOI:10.6007/IJARBSS/v14-i2/20681
spellingShingle HB Economic Theory
Ng, Shean-Min
Ho, Theresa C. F.
Teo, Poh-Chuin
Enabling social enterprise success in Malaysia: A conceptual model linking entrepreneurial ecosystem and financial performance
title Enabling social enterprise success in Malaysia: A conceptual model linking entrepreneurial ecosystem and financial performance
title_full Enabling social enterprise success in Malaysia: A conceptual model linking entrepreneurial ecosystem and financial performance
title_fullStr Enabling social enterprise success in Malaysia: A conceptual model linking entrepreneurial ecosystem and financial performance
title_full_unstemmed Enabling social enterprise success in Malaysia: A conceptual model linking entrepreneurial ecosystem and financial performance
title_short Enabling social enterprise success in Malaysia: A conceptual model linking entrepreneurial ecosystem and financial performance
title_sort enabling social enterprise success in malaysia a conceptual model linking entrepreneurial ecosystem and financial performance
topic HB Economic Theory
url http://eprints.utm.my/109070/1/SheanMinNg2024_EnablingSocialEnterpriseSuccessinMalaysia.pdf
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