Improving Women Entrepreneurs in Small and Medium Enterprises in Malaysia: Policy Recommendations

Wendy Ming-Yen Teoh and Siong-Choy Chong

Multimedia University, Malacca, Malaysia

Putra International College, Malacca, Malaysia

Abstract

SME has been recognised as a major source of global economic growth and employment and women entrepreneurs have been acknowledged to play critical roles for bringing their ideas and capabilities towards successful achievement of the SME development in their countries. Prior literature indicated that capital, networks affiliation, education, training and counselling, and usage of ICT are important factors influencing the growth of women entrepreneurs in Malaysia. This paper not only helps the government to appropriately identify the appropriate target of women entrepreneurs, but also leads the Malaysian women entrepreneurs in developing sound skills and capabilities in doing businesses especially at the start-up phase, which might help them to create and sustain successful business ventures.

Keywords: Women Entrepreneurs, Growth and Small and Medium Enterprises (SMEs)
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