Critical factors on knowledge transfer and family business performance

Small Medium Enterprises (SMEs) that comprise 645,136 establishments contributed about 32 percent to GDP for Malaysia in 2016.Sole proprietors, also categories as family business, ratio at 71% of total SME in Malaysia.However, approximately 50 percent SMEs closed within 5 years of establishments due...

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Main Author: Kamarudin, Muhamad Ali Imran
Format: Conference or Workshop Item
Language:English
Published: 2017
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/23738/1/CBMM%202017%20390%20397.pdf
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author Kamarudin, Muhamad Ali Imran
author_facet Kamarudin, Muhamad Ali Imran
author_sort Kamarudin, Muhamad Ali Imran
collection UUM
description Small Medium Enterprises (SMEs) that comprise 645,136 establishments contributed about 32 percent to GDP for Malaysia in 2016.Sole proprietors, also categories as family business, ratio at 71% of total SME in Malaysia.However, approximately 50 percent SMEs closed within 5 years of establishments due to lack of financial resources, poor marketing implementation, operational inefficiencies as well as poor cash flow management.Various training programs for businesses failed to set any mechanisms in evaluating progress of the training participants as they lack in business performance indicators. Besides, it allows critical roles of trainers slips under the radar as well as trainee’s learning absorption are rather low, which is at 40 percent resulted from lack of knowledge transfer.These issue indicate that knowledge transfers weakness which impacting business performance subsequently.Thus, study aims to examine the relationship between knowledge transfer factors and family business performance. Explanatory research is exploited using mixed mode approach where family business SMEs is set to be the unit of analysis.The study using Smart-PLS for regression and SPSS to correlate the studied factors.The impact of the results is expected to show critical variables relevant to knowledge transfer process that has an impact on family business performance.
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spelling uum-237382023-07-03T12:04:34Z https://repo.uum.edu.my/id/eprint/23738/ Critical factors on knowledge transfer and family business performance Kamarudin, Muhamad Ali Imran HB Economic Theory Small Medium Enterprises (SMEs) that comprise 645,136 establishments contributed about 32 percent to GDP for Malaysia in 2016.Sole proprietors, also categories as family business, ratio at 71% of total SME in Malaysia.However, approximately 50 percent SMEs closed within 5 years of establishments due to lack of financial resources, poor marketing implementation, operational inefficiencies as well as poor cash flow management.Various training programs for businesses failed to set any mechanisms in evaluating progress of the training participants as they lack in business performance indicators. Besides, it allows critical roles of trainers slips under the radar as well as trainee’s learning absorption are rather low, which is at 40 percent resulted from lack of knowledge transfer.These issue indicate that knowledge transfers weakness which impacting business performance subsequently.Thus, study aims to examine the relationship between knowledge transfer factors and family business performance. Explanatory research is exploited using mixed mode approach where family business SMEs is set to be the unit of analysis.The study using Smart-PLS for regression and SPSS to correlate the studied factors.The impact of the results is expected to show critical variables relevant to knowledge transfer process that has an impact on family business performance. 2017-10-29 Conference or Workshop Item PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/23738/1/CBMM%202017%20390%20397.pdf Kamarudin, Muhamad Ali Imran (2017) Critical factors on knowledge transfer and family business performance. In: 4th Conference on Business Management, The Gurney Resprt Hotel & Recidences Penang, Malaysia., 29 - 30 Oktober 2017.
spellingShingle HB Economic Theory
Kamarudin, Muhamad Ali Imran
Critical factors on knowledge transfer and family business performance
title Critical factors on knowledge transfer and family business performance
title_full Critical factors on knowledge transfer and family business performance
title_fullStr Critical factors on knowledge transfer and family business performance
title_full_unstemmed Critical factors on knowledge transfer and family business performance
title_short Critical factors on knowledge transfer and family business performance
title_sort critical factors on knowledge transfer and family business performance
topic HB Economic Theory
url https://repo.uum.edu.my/id/eprint/23738/1/CBMM%202017%20390%20397.pdf
work_keys_str_mv AT kamarudinmuhamadaliimran criticalfactorsonknowledgetransferandfamilybusinessperformance