A Review from the Malaysian Perspective on Factors Influencing Sustainable Entrepreneurship in Small and Medium-Sized Enterprises ((SMEs)
Abstract
This investigation looked to set up the social and natural factors that impact Sustainable Entrepreneurship in Small and Medium-Sized Enterprises (SMEs). It likewise endeavored to distinguish whether the segment foundation of the business person impacts the Sustainable Entrepreneurship in SMEs of the Malaysian nourishment industry. This paper tries to investigate the writing on long haul and manageable development for SMEs and the upgraded information on this territory will be a direction to the approach producers, supporting offices, consultants, business visionaries and academicians to genuinely build up a widely inclusive model for feasible development of SMEs. This paper proposes an incorporated reasonable development model for SMEs with five components of the Sustainable Entrepreneurship variables that are leadership, network, employee management, customer orientation and marketing strategy. A blended technique approach, utilizing the utilization of surveys and meetings from an example size of around 120 members and 10 proprietor supervisors of SMEs in the nourishment industry, was utilized to gather information. Moreover, out of the five recognized elements, as indicated by the members' recognition, the most significant components towards supportable execution of SMEs in the nourishment industry are social variables, including customer direction. This exploration paper reasons that thinking about the social and natural parts of supportability and utilizing experienced staff would significantly add to the quest for Sustainable Entrepreneurship in SMEs of the nourishment industry.
Downloads
References
Amin, H. J. (2021). Influence of marketing strategies on the performance of SMEs: Evidence from Abuja SMEs. Journal of Economics and Business, 4 (1), 294-307.
Carson, D., Gilmore, A. & Rocks, S. (2004). SME marketing networking: a strategic approach. Strategic Change, 13(7), 369-382.
Diehl, M. (2016). Teachers' and learners' experiences of entrepreneurial education: practice and challenges in relation to visible and invisible pedagogy. Problems of education in the 21st century, 73(73), 27-44.
Hossain, S. (2021). Factors Influencing Sustainable Entrepreneurial Practices: Looking at Individual-Level Factors Through Conventional Entrepreneurial Perspective. International Journal of Entrepreneurship and Business Development, 4(5), 624-635.
Hosseininia, G. & Ramezani, A. (2016). Factors influencing sustainable entrepreneurship in small and medium-sized enterprises in Iran: A case study of the food industry. Sustainability, 8(10), 1010.
Jenkins, H. (2009). A ‘business opportunity’ model of corporate social responsibility for small and medium?sized enterprises. Business ethics: A European Review, 18(1), 21-36.
Kassarjian, H. (1971). Incorporating ecology into marketing strategy: The case of air pollution. Journal of Marketing, 35, 61–65.
Labonne, J. (2006). A Comparative Analysis of the Environmental Management, Performance and Innovation of SMEs and Larger Firms. CL Conseil: European Commission - Directorate of General Environment.
Lackeus, M. (2015). Entrepreneurship in education: What, why, when, how. Entrepreneurship 360 background paper. Local Economic and Employment Development (LEED) and Organization for Economic Co-operation and Development (OECD).
Lackeus, M. (2015). Entrepreneurship in education: What, why, when, how. In L. E. E. D. Divison (Ed.), Entrepreneurship 360 background paper. Paris: OECD.
Madanchian, M., Hussein, N., Noordin, F. & Taherdoost, H. (2015). The role of SMEs in economic development: Case study of Malaysia. International Journal of Academic Research in Management, 4(3), 77-84.
Malaysia, S. M. E. C. O. R. P. (2020). SME MASTERPLAN 2012-2020.
Moldova. (2015). Promoting environmental performance of SMEs. EaPGreen Partnership for Environment and Growth.
Rashid, I. M. A., Rani, M. J. A., Yusuf, B. N. M. & Shaari, M. S. (2015). The Impact of Service Quality and Customer Satisfaction on Customer's Loyalty: Evidence from Fast Food Restaurant of Malaysia. International Journal of Information, Business and Management, 7(4), 201.
Soto-Acosta, P., Cismaru, D. M., V?t?m?nescu, E. M. & Ciochin?, R. S. (2016). Sustainable entrepreneurship in SMEs: A business performance perspective. Sustainability, 8(4), 342.
Yadegaridehkordi, E., Foroughi, B., Iranmanesh, M. Nilashi, M. & Ghobakhloo, M. (2023). Determinants of environmental, financial, and social sustainable performance of manufacturing SMEs in Malaysia. Sustainable Production and Consumption, 35(2023), 129-140. https://doi.org/10.1016/j.spc.2022.10.026.
Copyright (c) 2023 Noraishah Kamarolzaman, Intan Maizura Abd Rashid, Nor Hamiza Mohd Noor, Nor Azmawati Husain, Mazlina Ismail
This work is licensed under a Creative Commons Attribution 4.0 International License.
Author (s) should affirm that the material has not been published previously. It has not been submitted and it is not under consideration by any other journal. At the same time author (s) need to execute a publication permission agreement to assume the responsibility of the submitted content and any omissions and errors therein. After submission of revised paper in the light of suggestions of the reviewers, the editorial team edits and formats manuscripts to bring uniformity and standardization in published material.
This work will be licensed under Creative Commons Attribution 4.0 International (CC BY 4.0) and under condition of the license, users are free to read, copy, remix, transform, redistribute, download, print, search or link to the full texts of articles and even build upon their work as long as they credit the author for the original work. Moreover, as per journal policy author (s) hold and retain copyrights without any restrictions.
