Malaysia - SME Program Efficiency Review

With Small and Medium Enterprises (SMEs) constituting a large proportion of Malaysian enterprises and making significant contributions to employment, GDP, and exports, it is vital for the achievement of Malaysia's development aspirations that...

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Main Authors:	Kuriakose, Smita, Tiew, Haris Syahir Bin Mohd Zulkifli
Format:	Report
Language:	English
Published:	Washington, DC: World Bank 2022
Subjects:	GROSS DOMESTIC PRODUCT SMALL AND MEDIUM ENTERPRISES TECHNOLOGY ADOPTION ECONOMIC OUTLOOK EFFECTS OF TECHNOLOGY
Online Access:	http://documents.worldbank.org/curated/en/099255003152238688/P17014606709a70f50856d0799328fb7040 http://hdl.handle.net/10986/37137

id	okr-10986-37137
recordtype	oai_dc
spelling	okr-10986-371372022-03-17T05:10:32Z Malaysia - SME Program Efficiency Review Kuriakose, Smita Tiew, Haris Syahir Bin Mohd Zulkifli GROSS DOMESTIC PRODUCT SMALL AND MEDIUM ENTERPRISES TECHNOLOGY ADOPTION ECONOMIC OUTLOOK EFFECTS OF TECHNOLOGY With Small and Medium Enterprises (SMEs) constituting a large proportion of Malaysian enterprises and making significant contributions to employment, GDP, and exports, it is vital for the achievement of Malaysia's development aspirations that these SMEs are enabled to achieve higher levels of productivity and performance. Malaysian firms in general, but most particularly its SMEs, face a number of fundamental issues and challenges related to innovation and the adoption and effective use of new technologies. The effects of the rapid evolution of the modern business environment that have resulted from the introduction of innovative new technologies and business practices have been exacerbated by the current high level of uncertainty related to the pandemic, placing increased emphasis on the need to improve firm capabilities. The Coronavirus (COVID-19) crisis has forced businesses to adapt and adopt digital tools in order to operate in the current environment. Given the considerable fiscal challenges resulting from the pandemic, there is an urgent need to recalibrate Malaysia's provision of public support for SMEs to enable the post-pandemic recovery to be driven by the private sector. In this context, the overall objective of this study is to analyse the composition of Malaysia's SME and entrepreneurship support policies so as to identify opportunities to decrease redundancies and to increase efficiencies by ensuring that public support towards SME development responds effectively to the most pressing needs of SMEs. 2022-03-16T12:26:07Z 2022-03-16T12:26:07Z 2022-02-28 Report http://documents.worldbank.org/curated/en/099255003152238688/P17014606709a70f50856d0799328fb7040 http://hdl.handle.net/10986/37137 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Report Publications & Research East Asia and Pacific Malaysia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	GROSS DOMESTIC PRODUCT SMALL AND MEDIUM ENTERPRISES TECHNOLOGY ADOPTION ECONOMIC OUTLOOK EFFECTS OF TECHNOLOGY
spellingShingle	GROSS DOMESTIC PRODUCT SMALL AND MEDIUM ENTERPRISES TECHNOLOGY ADOPTION ECONOMIC OUTLOOK EFFECTS OF TECHNOLOGY Kuriakose, Smita Tiew, Haris Syahir Bin Mohd Zulkifli Malaysia - SME Program Efficiency Review
geographic_facet	East Asia and Pacific Malaysia
description	With Small and Medium Enterprises (SMEs) constituting a large proportion of Malaysian enterprises and making significant contributions to employment, GDP, and exports, it is vital for the achievement of Malaysia's development aspirations that these SMEs are enabled to achieve higher levels of productivity and performance. Malaysian firms in general, but most particularly its SMEs, face a number of fundamental issues and challenges related to innovation and the adoption and effective use of new technologies. The effects of the rapid evolution of the modern business environment that have resulted from the introduction of innovative new technologies and business practices have been exacerbated by the current high level of uncertainty related to the pandemic, placing increased emphasis on the need to improve firm capabilities. The Coronavirus (COVID-19) crisis has forced businesses to adapt and adopt digital tools in order to operate in the current environment. Given the considerable fiscal challenges resulting from the pandemic, there is an urgent need to recalibrate Malaysia's provision of public support for SMEs to enable the post-pandemic recovery to be driven by the private sector. In this context, the overall objective of this study is to analyse the composition of Malaysia's SME and entrepreneurship support policies so as to identify opportunities to decrease redundancies and to increase efficiencies by ensuring that public support towards SME development responds effectively to the most pressing needs of SMEs.
format	Report
author	Kuriakose, Smita Tiew, Haris Syahir Bin Mohd Zulkifli
author_facet	Kuriakose, Smita Tiew, Haris Syahir Bin Mohd Zulkifli
author_sort	Kuriakose, Smita
title	Malaysia - SME Program Efficiency Review
title_short	Malaysia - SME Program Efficiency Review
title_full	Malaysia - SME Program Efficiency Review
title_fullStr	Malaysia - SME Program Efficiency Review
title_full_unstemmed	Malaysia - SME Program Efficiency Review
title_sort	malaysia - sme program efficiency review
publisher	Washington, DC: World Bank
publishDate	2022
url	http://documents.worldbank.org/curated/en/099255003152238688/P17014606709a70f50856d0799328fb7040 http://hdl.handle.net/10986/37137
_version_	1764486611422150656

Malaysia - SME Program Efficiency Review

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