Academy of Entrepreneurship Journal (Print ISSN: 1087-9595; Online ISSN: 1528-2686)

Abstract

Entrepreneurial Competencies and Micro enterprises Performance A Study among the poor and Low-Income Households in Malaysia

Author(s): Syed Ali Fazal,Abdullah Al Mamun,Shaheen Mansori,Tanvir Abir

This study examined the effect of relevant entrepreneurial competencies on microenterprise performance in Malaysia. A cross-sectional design was adopted to collect quantitative data from 300 randomly selected micro-entrepreneurs from the National Poverty Data Bank database in Malaysia. Results showed a significant positive effect of conceptual, commitment, opportunity recognizing, and organizing competencies on microenterprise performance. Findings further revealed a significant negative effect of micro-entrepreneurs’ relationship competencies on their enterprise performance. It is recommended that in order to reduce poverty by creating an entrepreneurial economy, governments should make entrepreneurship the goal of public policy particularly focusing on the relevant competencies identified.