Exploring the understanding, role and participation of Small and Medium Enterprises (SMEs) on digital economy in Malaysia

This study explores the understanding, role and participation of the SMEs on the digital economy, in line with the aspiration by the Malaysian government to have higher growth contribution coming from this segment. The primary data is collected from a semi-structured interview with six SMEs around K...

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Main Authors:	Rahman, Maya Puspa, Senusi, Nurfatihah
Format:	Article
Language:	English English
Published:	Malaysian Consumer and Family Economics Association 2018
Subjects:	HB Economic Theory
Online Access:	http://irep.iium.edu.my/72772/ http://irep.iium.edu.my/72772/1/Rahman_Senusi_MAJCAFE%202018.pdf http://irep.iium.edu.my/72772/7/72772_Exploring%20the%20understanding%2C%20role_scopus.pdf

id	iium-72772
recordtype	eprints
spelling	iium-727722019-06-27T05:49:35Z http://irep.iium.edu.my/72772/ Exploring the understanding, role and participation of Small and Medium Enterprises (SMEs) on digital economy in Malaysia Rahman, Maya Puspa Senusi, Nurfatihah HB Economic Theory This study explores the understanding, role and participation of the SMEs on the digital economy, in line with the aspiration by the Malaysian government to have higher growth contribution coming from this segment. The primary data is collected from a semi-structured interview with six SMEs around Klang Valley from various industries, and the analysis is conducted using coding and thematic analysis. Most of the SMEs interviewed are aware of the importance of online presence but lack the understanding of its contribution towards the digital economy. While a high number of them are ready to embrace technology-driven tools for sales, several others are still quite sceptical and facing difficulties in related cost management. This paper aims to offer specific insights from the SMEs on the digital economy and Malaysia's move towards adopting the relevance of the fourth industrial revolution. It also identifies some of the issues to be tackled by the government to have more SMEs participation in the Malaysian digital economy. Malaysian Consumer and Family Economics Association 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/72772/1/Rahman_Senusi_MAJCAFE%202018.pdf application/pdf en http://irep.iium.edu.my/72772/7/72772_Exploring%20the%20understanding%2C%20role_scopus.pdf Rahman, Maya Puspa and Senusi, Nurfatihah (2018) Exploring the understanding, role and participation of Small and Medium Enterprises (SMEs) on digital economy in Malaysia. Malaysian Journal of Consumer and Family Economics, 21 (S1). pp. 139-153. ISSN 1511-2802 (In Press)
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HB Economic Theory
spellingShingle	HB Economic Theory Rahman, Maya Puspa Senusi, Nurfatihah Exploring the understanding, role and participation of Small and Medium Enterprises (SMEs) on digital economy in Malaysia
description	This study explores the understanding, role and participation of the SMEs on the digital economy, in line with the aspiration by the Malaysian government to have higher growth contribution coming from this segment. The primary data is collected from a semi-structured interview with six SMEs around Klang Valley from various industries, and the analysis is conducted using coding and thematic analysis. Most of the SMEs interviewed are aware of the importance of online presence but lack the understanding of its contribution towards the digital economy. While a high number of them are ready to embrace technology-driven tools for sales, several others are still quite sceptical and facing difficulties in related cost management. This paper aims to offer specific insights from the SMEs on the digital economy and Malaysia's move towards adopting the relevance of the fourth industrial revolution. It also identifies some of the issues to be tackled by the government to have more SMEs participation in the Malaysian digital economy.
format	Article
author	Rahman, Maya Puspa Senusi, Nurfatihah
author_facet	Rahman, Maya Puspa Senusi, Nurfatihah
author_sort	Rahman, Maya Puspa
title	Exploring the understanding, role and participation of Small and Medium Enterprises (SMEs) on digital economy in Malaysia
title_short	Exploring the understanding, role and participation of Small and Medium Enterprises (SMEs) on digital economy in Malaysia
title_full	Exploring the understanding, role and participation of Small and Medium Enterprises (SMEs) on digital economy in Malaysia
title_fullStr	Exploring the understanding, role and participation of Small and Medium Enterprises (SMEs) on digital economy in Malaysia
title_full_unstemmed	Exploring the understanding, role and participation of Small and Medium Enterprises (SMEs) on digital economy in Malaysia
title_sort	exploring the understanding, role and participation of small and medium enterprises (smes) on digital economy in malaysia
publisher	Malaysian Consumer and Family Economics Association
publishDate	2018
url	http://irep.iium.edu.my/72772/ http://irep.iium.edu.my/72772/1/Rahman_Senusi_MAJCAFE%202018.pdf http://irep.iium.edu.my/72772/7/72772_Exploring%20the%20understanding%2C%20role_scopus.pdf
first_indexed	2023-09-18T21:43:09Z
last_indexed	2023-09-18T21:43:09Z
_version_	1777413274119176192

Exploring the understanding, role and participation of Small and Medium Enterprises (SMEs) on digital economy in Malaysia

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