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Social Entrepreneurship: Policies and Practice in Malaysia

Yasmin Rasyid, Robert Bowen

Entrepreneurial Activity in Malaysia, Pages: 117 - 134

Swansea University Author: Robert Bowen

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DOI (Published version): 10.1007/978-3-030-77753-1_6

Abstract

This chapter documents the development of policies and practices within the Malaysian social entrepreneurship ecosystem, with the aim of understanding the role of social entrepreneurship in an emerging economy. While still a new concept in the country, government efforts are in place to accelerate t...

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Published in: Entrepreneurial Activity in Malaysia
ISBN: 978-3-030-77752-4 978-3-030-77753-1
Published: Cham Springer International Publishing 2021
URI: https://cronfa.swan.ac.uk/Record/cronfa54471
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Abstract: This chapter documents the development of policies and practices within the Malaysian social entrepreneurship ecosystem, with the aim of understanding the role of social entrepreneurship in an emerging economy. While still a new concept in the country, government efforts are in place to accelerate the sector’s growth. This chapter seeks to evaluate the most prominent issues of social entrepreneurship in Malaysia, focussing on the actions of policymakers in furthering the reach of SE, as well as analysing working examples of SE across Malaysia. Five case studies of social entrepreneurship across Malaysia are discussed, which underline the growth of the social entrepreneurship ecosystem across the country. Findings also point to several challenges for such companies, notably awareness of social enterprises, a lack of legal definition, and limited resources, particularly financial and human resources.
Keywords: Social entrepreneurship; Policy; Practice; Malaysia
College: Faculty of Humanities and Social Sciences
Start Page: 117
End Page: 134