Malaysian women entrepreneurs’ challenges in the local and international business markets

Background: To date, more Malaysian Women involve in entrepreneurship, and the positive trend started with the implementation of Malaysia Economic Transformation Plans in 2010.Ever since, women entrepreneurs have become a catalyst for SMEs development, and their innovation and involvement are treate...

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Main Authors: Md Isa, Filzah, Cheng, Wei Hin, Othman, Siti Norezam, Tantasuntisakul, Warangkana
Format: Article
Language:English
Published: AENSI Publisher 2015
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/17978/1/AJBAS%209%2028%2057-63.pdf
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author Md Isa, Filzah
Cheng, Wei Hin
Othman, Siti Norezam
Tantasuntisakul, Warangkana
author_facet Md Isa, Filzah
Cheng, Wei Hin
Othman, Siti Norezam
Tantasuntisakul, Warangkana
author_sort Md Isa, Filzah
collection UUM
description Background: To date, more Malaysian Women involve in entrepreneurship, and the positive trend started with the implementation of Malaysia Economic Transformation Plans in 2010.Ever since, women entrepreneurs have become a catalyst for SMEs development, and their innovation and involvement are treated as a vital contributor to the country‟s economic growth.Despite a significant increase in the number of women entrepreneurs in Malaysia, and various government incentives and supports, the number of Malaysian women who make it to the international market is not impressive.Their sustainability in the market place is still questionable. Objective: This paper focuses on those challenging experiences that Malaysian women entrepreneurs faced during their business startup; the strategies they embark in maintaining their current business status while competing in the market place; and when and what make them decide to venture into international markets to ensure their business long life survival and sustainability.Results: Both Malay and Chinese entrepreneurs faced various challenges during the business start-up period, and they develop different business strategies that suit their product service offerings.To be more competitive and to persevere in the business, they venture into the international market.Conclusion: Similarly, like other women entrepreneurs in the global market, Malaysian entrepreneurs, regardless of their ethnicity, face various challenges and have to be creative in designing business strategies that fit their differentiated product or service offerings.
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spelling uum-179782016-04-18T02:55:42Z https://repo.uum.edu.my/id/eprint/17978/ Malaysian women entrepreneurs’ challenges in the local and international business markets Md Isa, Filzah Cheng, Wei Hin Othman, Siti Norezam Tantasuntisakul, Warangkana HB Economic Theory Background: To date, more Malaysian Women involve in entrepreneurship, and the positive trend started with the implementation of Malaysia Economic Transformation Plans in 2010.Ever since, women entrepreneurs have become a catalyst for SMEs development, and their innovation and involvement are treated as a vital contributor to the country‟s economic growth.Despite a significant increase in the number of women entrepreneurs in Malaysia, and various government incentives and supports, the number of Malaysian women who make it to the international market is not impressive.Their sustainability in the market place is still questionable. Objective: This paper focuses on those challenging experiences that Malaysian women entrepreneurs faced during their business startup; the strategies they embark in maintaining their current business status while competing in the market place; and when and what make them decide to venture into international markets to ensure their business long life survival and sustainability.Results: Both Malay and Chinese entrepreneurs faced various challenges during the business start-up period, and they develop different business strategies that suit their product service offerings.To be more competitive and to persevere in the business, they venture into the international market.Conclusion: Similarly, like other women entrepreneurs in the global market, Malaysian entrepreneurs, regardless of their ethnicity, face various challenges and have to be creative in designing business strategies that fit their differentiated product or service offerings. AENSI Publisher 2015 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/17978/1/AJBAS%209%2028%2057-63.pdf Md Isa, Filzah and Cheng, Wei Hin and Othman, Siti Norezam and Tantasuntisakul, Warangkana (2015) Malaysian women entrepreneurs’ challenges in the local and international business markets. Australian Journal of Basic and Applied Sciences, 9 (28 S). pp. 57-63. ISSN 1991-8178 http://www.ajbasweb.com/old/ajbas_Special-IPN-HCM%20(August)_2015.html
spellingShingle HB Economic Theory
Md Isa, Filzah
Cheng, Wei Hin
Othman, Siti Norezam
Tantasuntisakul, Warangkana
Malaysian women entrepreneurs’ challenges in the local and international business markets
title Malaysian women entrepreneurs’ challenges in the local and international business markets
title_full Malaysian women entrepreneurs’ challenges in the local and international business markets
title_fullStr Malaysian women entrepreneurs’ challenges in the local and international business markets
title_full_unstemmed Malaysian women entrepreneurs’ challenges in the local and international business markets
title_short Malaysian women entrepreneurs’ challenges in the local and international business markets
title_sort malaysian women entrepreneurs challenges in the local and international business markets
topic HB Economic Theory
url https://repo.uum.edu.my/id/eprint/17978/1/AJBAS%209%2028%2057-63.pdf
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