|Title:||Evaluating the effectiveness of development initiatives on enterprise income, growth and assets in Peninsular Malaysia|
Vol. 12, No 1, 2019
Published date: 03-2019 (print) / 03-2019 (online)
Economics & Sociology
ISSN: 2071-789X, eISSN: 2306-3459
Wan Nurulasiah binti Wan Mustapa
Universiti Malaysia Kelantan
Abdullah Al Mamun
Universiti Malaysia Kelantan
Mohamed Dahlan Ibrahim
Universiti Malaysia Kelantan
|Keywords:||micro-credit, training, micro-enterprise income, growth, assets, cross-sectional, quantitative analysis|
|JEL classification:||F61, G21|
|This research was funded by the Ministry of Higher Education, Malaysia under the grant, entitled “Developing a Comprehensive Rural Entrepreneurship Model for Poverty Eradication (REMODE)” (R/NRGS/A01.00/00047A/006/2014/000149).|
Malaysian development organizations offer a diversity of initiatives to uplift the socio-economic conditions among low-income micro-entrepreneurs. This study examined the impact of two initiatives namely access to working capital and enterprise development training programs on Kelantanese micro-enterprise income, growth, and net-worth of assets By adopting a cross-sectional design, data were collected by means of random selection across the participants’ lists of three development organizations. A total of 450 micro-entrepreneurs from seven districts in the state of Kelantan responded. Multiple regression analyses are used to analyzed the data. The regression analysis shows that access to working capital and enterprise development training programs have positive impacts on the income, growth, and net worth of assets owned by Kelantanese micro-enterprises. This study extends the limited literature of micro-enterprise income, growth and asset net worth, and the role of working capital and enterprise development training programs, to provide new understandings on the effectiveness of contemporary development initiatives.
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