Entrepreneurs in rural areas: Challenges and opportunities

Small and medium enterprises (SMEs) in Malaysia play an important role in supporting new economic model that focuses on innovation and creative industry. A review of the relevant small business literature, however, revealed that there are limited studies attempting to investigate the issue of entre...

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Main Authors: Md Isa, Filzah, Othman, Siti Norezam, Mohd Nor, Nor Azila, Yahya, Mohd Azlan, Salahuddin, Norkhazzaina
Other Authors: Ismail, Dahlan
Format: Book Section
Language:English
Published: ASEAN Universities Consortium of Enterpreneurship Education (AUCEE) 2010
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/2955/1/Pages_from_The_First_Seminar_on._Entrepreneurship_and_Social_Development_in_Asean_333.pdf
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author Md Isa, Filzah
Othman, Siti Norezam
Mohd Nor, Nor Azila
Yahya, Mohd Azlan
Salahuddin, Norkhazzaina
author2 Ismail, Dahlan
author_facet Ismail, Dahlan
Md Isa, Filzah
Othman, Siti Norezam
Mohd Nor, Nor Azila
Yahya, Mohd Azlan
Salahuddin, Norkhazzaina
author_sort Md Isa, Filzah
collection UUM
description Small and medium enterprises (SMEs) in Malaysia play an important role in supporting new economic model that focuses on innovation and creative industry. A review of the relevant small business literature, however, revealed that there are limited studies attempting to investigate the issue of entrepreneurs in rural areas. This article attempts to study the role, contribution problems, and constraints related to the rural entrepreneurs, which may affect their operations, survival, growth, stability, and profitability. Using questionnaire and structured interview, the data for this study was collected from 700 rural entrepreneurs who had attended training and development programs conducted by Cooperative and Entrepreneur Development Institute(CEDI) UUM from 2006 until 2008. Findings of the study indicate that rural entrepreneurs are motivated by necessity-driven factors and not opportunity-driven factor when starting up their business. Nevertheless, the common problems and constraints that are faced by rural entrepreneurs ranging from lack of access to capital support scheme up to the outdated business vision and value. The results of the study would help authority to improve rural entrepreneurs program conducted by government agencies and policy related to entrepreneurs.
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spelling uum-29552016-04-25T03:47:51Z https://repo.uum.edu.my/id/eprint/2955/ Entrepreneurs in rural areas: Challenges and opportunities Md Isa, Filzah Othman, Siti Norezam Mohd Nor, Nor Azila Yahya, Mohd Azlan Salahuddin, Norkhazzaina HB Economic Theory Small and medium enterprises (SMEs) in Malaysia play an important role in supporting new economic model that focuses on innovation and creative industry. A review of the relevant small business literature, however, revealed that there are limited studies attempting to investigate the issue of entrepreneurs in rural areas. This article attempts to study the role, contribution problems, and constraints related to the rural entrepreneurs, which may affect their operations, survival, growth, stability, and profitability. Using questionnaire and structured interview, the data for this study was collected from 700 rural entrepreneurs who had attended training and development programs conducted by Cooperative and Entrepreneur Development Institute(CEDI) UUM from 2006 until 2008. Findings of the study indicate that rural entrepreneurs are motivated by necessity-driven factors and not opportunity-driven factor when starting up their business. Nevertheless, the common problems and constraints that are faced by rural entrepreneurs ranging from lack of access to capital support scheme up to the outdated business vision and value. The results of the study would help authority to improve rural entrepreneurs program conducted by government agencies and policy related to entrepreneurs. ASEAN Universities Consortium of Enterpreneurship Education (AUCEE) Ismail, Dahlan Yahya , Mohd Azlan Latif, Abdul Aziz Zalazilah, Mohd Hanizan Hamidon, Syahirah Jaafar, Mohd Khairi 2010 Book Section PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/2955/1/Pages_from_The_First_Seminar_on._Entrepreneurship_and_Social_Development_in_Asean_333.pdf Md Isa, Filzah and Othman, Siti Norezam and Mohd Nor, Nor Azila and Yahya, Mohd Azlan and Salahuddin, Norkhazzaina (2010) Entrepreneurs in rural areas: Challenges and opportunities. In: The First Seminar On: Entrepreneurship and Societal Development in Asean (ISE-SODA 2010) "Achieving Regional Growth through Entrepreneurship Education", 27th February-1st March 2010, City Bayview Hotel Langkawi. ASEAN Universities Consortium of Enterpreneurship Education (AUCEE), pp. 83-91. ISBN 983-2078-36-4
spellingShingle HB Economic Theory
Md Isa, Filzah
Othman, Siti Norezam
Mohd Nor, Nor Azila
Yahya, Mohd Azlan
Salahuddin, Norkhazzaina
Entrepreneurs in rural areas: Challenges and opportunities
title Entrepreneurs in rural areas: Challenges and opportunities
title_full Entrepreneurs in rural areas: Challenges and opportunities
title_fullStr Entrepreneurs in rural areas: Challenges and opportunities
title_full_unstemmed Entrepreneurs in rural areas: Challenges and opportunities
title_short Entrepreneurs in rural areas: Challenges and opportunities
title_sort entrepreneurs in rural areas challenges and opportunities
topic HB Economic Theory
url https://repo.uum.edu.my/id/eprint/2955/1/Pages_from_The_First_Seminar_on._Entrepreneurship_and_Social_Development_in_Asean_333.pdf
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