Barriers to business venture formation

Abdul Majid, Izaidin and Dora, Mohd Taib and Kamarudin, Mohd Fauzi and Hussin, Huzili (2007) Barriers to business venture formation. In: IKS 2007 National Conference , 2007, Kota Kinabalu Sabah.

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Abstract

The reasons for new firm starts are complex and a combination of factors will often contribute to venture creation. This research explores the prevalence of entrepreneurial activities, which is measured in terms of the involvement in business activities amongst a relatively huge number of respondents. Factors such as feeling contented with the currently acquired income, preferring salaried job rather than doing business, no interest in establishing own business and do not know of how to get access to capital are among the various factors that were identified as common barriers to starting-up own businesses. Some patterns of relationship between the related demographic variables and the propensity to entrepreneurial and business activities were also explored this research with the intention to uncover some general picture of the Malaysian business context.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Entrepreneurship, Malaysia, Entrepreneurial activities, Business venture formation
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Centre for Languages and Human Development > Department of Languages
Depositing User: Prof Madya Dr. Izaidin Abdul Majid
Date Deposited: 04 Jul 2014 09:17
Last Modified: 09 Aug 2023 15:54
URI: http://eprints.utem.edu.my/id/eprint/11524
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