Technopreneur Case Study

Issues of Technopreneurship in Malaysia

ABSTRACT

Technopreneurs play important role in economic by carry heavier burden as they employ technology in creating and improving the products, services, and production process. In this part, Malaysian technopreneurs are likely to face an uphill climb growing their businesses this year due to several ongoing challenges, say industry observers (Edwin Yapp, 2008). So, Issues of technopreneurship in Malaysia will be shown in this study.

INTRODUCTION

In the highly competitive global environment, knowledge and information are key factors in the competitiveness of nations. Technology holds the promise of bringing poor nations out of poverty. It is the engine of economic growth (e.g., Chen and Shimonmura,

One of the controversies is relating to their behaviour. Among others is entrepreneurial motivation, which is an output of a variety of environmental factors as well as the founder’s individual characteristics (Suzuki et al. 2002). Oakey (2003) further elaborated that motivation shapes the attitude of the entrepreneur towards his chosen mix of business management skills, the amount of external resources accessed and the level of personal control that he or she exercises on running the business. Abetti (1992) detailed key social factors that affect entrepreneurial behaviour: family and social support system, financing sources, employees, customers, suppliers, cultural, political as well as economic environment. Besides motivation, risks and obstacles are other factors that need proper attention. Kazanjian (1988) outlined difficulties that have to be mitigated for the success of entrepreneurs such as market development, financial resources acquisition, and product design and market

http://www.academia.edu/1325224/Technology_entrepreneurship_development_in_Malaysia_a_case_study_of_the_national_automotive_industry