University Tun Abdul Razak involved in entrepreneurship research at both a local as well as global level and solely Malaysia representative in Global Entrepreneurship Monitor. In GEM 2010, the number of countries participating has increased over 8.47% to 59 countries. These countries vary greatly in terms of economic development and they are categorized into three groups: factor-driven economies, which are primarily extractive in nature, efficiency-driven economies in which scale-intensity is a major driver of development, and innovation-driven economies. GEM 2010 objectives are; to measure differences in the level of early stage entrepreneurial activity between countries; to uncover factors determining the levels of entrepreneurial activity; to identify policies that may enhance the level of entrepreneurial activity.
Meanwhile the Malaysia’s SME 2011 Report is reporting about the SME development, growth, policies and programmes. SME Corp. Malaysia (former known as as SMIDEC) is now the central point of reference for information and advisory services for all SMEs in Malaysia. As the highest policy-making body, its role was to formulate strategies for SME development across all economic sectors, coordinate the tasks of related Ministries and Agencies, encourage partnership with the private sector, as well as ensure effective implementation of the overall SME development programmes in this country.
This paper will discuss the approaches and keys finding between Malaysia GEM 2010 Report and SME 2011 Report.
Comparison on Approaches.
There are no specific information about how Malaysia GEM 2010 Report been conducted and approaches used by University Tun Abdul Razak. Based on their report, every year each national team is responsible for conducting a survey of at least 2000 people within its adult population. The Adult Population Survey is a survey of attitudes towards entrepreneurship in the general population but it also asks people whether or not they...