Modeling Economic Growth in Contemporary Malaysia.
Sergi, Bruno S.
Modeling Economic Growth in Contemporary Malaysia. - 1st ed. - 1 online resource (361 pages) - Entrepreneurship and Global Economic Growth Series . - Entrepreneurship and Global Economic Growth Series .
Cover -- Modeling Economic Growth in Contemporary Malaysia -- Entrepreneurship and Global Economic Growth -- Modeling Economic Growth in Contemporary Malaysia -- Copyright -- Table of Contents -- List of Tables and Figures -- About the Editors -- About the Contributors -- Introduction -- 1. SMEs Retailing in Malaysia: Challenges for Industrial Revolution 4.0 Implementation -- Abstract -- 1. SMEs Retailing -- 1.1 Retail Sector in Malaysia -- 2. Industrial Revolution -- 2.1 The Evolution of Industrial Revolution -- 2.1.1 The First Industrial Revolution -- 2.1.2 The Second Industrial Revolution -- 2.1.3 The Third Industrial Revolution -- 2.1.4 The Fourth Industrial Revolution -- 3. Impact of IR 4.0 -- 3.1 Ways of IR4.0 Impact on Retailing -- 3.1.1 Internet of Things -- 3.1.2 Multichannel Offerings -- 3.1.3 3D Printing -- 3.1.4 Robotics -- 3.2 Readiness of SMEs Retail -- 3.3 Challenges -- 3.4 Benefits of Embracing IR4.0 -- 3.4.1 Benefits for SMEs as a Whole -- 3.4.1.1 Efficiency -- 3.4.1.2 Cost-effectiveness -- 3.4.1.3 Productivity Improvement -- 3.4.1.4 Customization -- 3.4.2 Benefits for Retailers -- 3.5 HOW Can Retailers of Malaysian SMEs Respond to IR 4.0? -- 3.5.1 Training the Workforce -- 3.5.2 Implication of Financing -- 3.5.3 Efficient Management of Change -- 3.6 Issues Faced by SMEs and Retailers -- 4. Recommendation and Conclusion -- 4.1 Recommendation -- 4.2 Conclusion -- References -- 2. Education and Innovation Growth: Establishing Entrepreneurial University Framework in Malaysia -- Abstract -- 1. Introduction -- 2. Malaysian Higher Education Systems -- 3. Public HEIs -- 4. Private Universities -- 5. University Colleges -- 6. Private Colleges -- 7. World University Rankings and Malaysia -- 8. MOHE - The Governing Authority -- 9. Entrepreneurial University Agenda -- 10. What Is Entrepreneurial Architecture? -- 10.1 Structures. 10.2 Leadership -- 10.3 Systems -- 10.4 Strategies -- 10.5 Culture -- 11. Artificial Intelligence (AI) -- 11.1 Proposed Research Framework -- 12. Why Entrepreneurial University Agenda Is So Important? -- 13. Conclusion -- References -- 3. An Overview of Malaysian Small and Medium Enterprises: Contributions, Issues, and Challenges -- Abstract -- 1. Introduction -- 2. Definition of Malaysian SMEs -- 3. The Contributions of SMEs in Malaysia -- 4. An Overview of Issues and Challenges of Malaysian SMEs -- 5. Common Issues and Challenges of SMEs in Malaysia -- 5.1 Capital and Financing Issues -- 5.2 Financial Management Problems -- 5.3 Rising Cost of Running Business -- 5.4 Limited Market -- 5.5 Obstacles Obtaining Raw Material -- 5.6 Unskilled Labor -- 5.7 Reluctant to Attend Training -- 5.8 Lack of Facilities and Infrastructure -- 5.9 Low Networking with Large Firms -- 5.10 Limitations on Implementation of ICT or Digitalization -- 5.11 Other Issues and Challenges -- 6. Conclusion -- References -- 4. STEM Education in Malaysia: Fulfilling SMEs' Expectation -- Abstract -- 1. Introduction -- 2. Literature Review -- 3. Education System of Malaysia -- 4. STEM in Malaysia -- 5. Gap between STEM Demands and Offerings -- 6. Industrialization of Malaysia -- 7. Graduate Employee Requirements beyond 2020 -- 7.1 Access -- 7.2 Quality -- 7.3 Efficiency -- 8. Conclusion -- References -- 5. Technological Parks, Clusters, and Innovation Networks: Expected Transformation of Innovative Sectors -- Abstract -- 1. Introduction -- 2. Technological Parks -- 3. Innovative Industrial Cluster -- 4. Innovation Networks -- 5. Expected Transformation of Innovative Sectors -- 6. Conclusion -- References -- 6. Post COVID-19: Strategic Digital Entrepreneurship in Malaysia -- Abstract -- 1. Introduction -- 2. The Business Environment Effecting Malaysian Entrepreneurs. 2.1 The Fast-changing Business Environment -- 2.2 The Government Policy and Enforcement on Entrepreneurs -- 2.3 COVID-19 Post Environment Effect -- 2.4 Nurturing Entrepreneurs: Producing a New Badge by 2030 -- 3. The Strategic Digital Entrepreneurship -- 4. Conclusion -- References -- 7. Agrarian Sector: Past, Present, and Future Directions toward Sustainable Palm Oil Plantations based on World Demand -- Abstract -- 1 Introduction -- 2 Current Outlook on Malaysia's Palm Oil Industry -- 2.1 Regional Market Performance -- 2.1.1 Asia Pacific -- 2.1.2 China -- 2.1.3 Middle East and North Africa -- 2.1.4 Subcontinent -- 2.1.5 Europe -- 2.1.6 Africa -- 2.1.7 The Americas -- 3 The Future of Palm Oil -- 3.1 Accelerating the Replanting of Oil Palm -- 3.2 Improving Fresh Fruit Bunch Yield -- 3.3 Improving Worker Productivity -- 3.4 Increasing the Oil Extraction Rate -- 3.5 Developing Biogas at Palm Oil Mills -- 3.6 Developing Oleo Derivatives -- 3.7 Commercializing Second-generation Biofuels -- 3.8 Expediting Growth in Food and Health-based Downstream Segments -- 4 Conclusion -- References -- 8. Malaysia on the Way to Sustainable Development: Circular Economy and Green Technologies -- Abstract -- 1. Introduction -- 2. Concept and Definition -- 2.1 Concept of Sustainable Development -- 2.2 Definition of Sustainable Developments -- 3. Sustainable Development in Malaysia -- 4. Circular Economy -- 4.1 Brief History of Circular Economy -- 4.2 Circular Economy Situation in Malaysia -- 5. Green Economy and Circular Economy -- 5.1 Environmental Sustainability in Malaysia: Elaborating the Green Economy and Environmental Efficiency -- 5.2 Green Technology in Malaysia for Sustainable Business Development -- 5.3 Malaysia Green Technology Initiatives -- References -- 9. The Importance of Industry Value Chain for Development of Malaysian Halal Industry -- Abstract. 1. Introduction -- 2. Value Chain Analysis: In Brief -- 3. Outlook, Constraints, and Needs -- 3.1 Halal Logistics -- 3.1.1 Market Outlook -- 3.1.2 Constraints -- 3.1.2.1 Financial Constraint -- 3.1.2.2 Time Constraint -- 3.1.2.3 Lack of Demand -- 3.1.3 Needs -- 3.1.3.1 Provide Incentives -- 3.1.3.2 Branding to Create Demand -- 3.2 Halal Marketing and Sales -- 3.2.1 Market Outlook -- 3.2.2 Constraints -- 3.2.2.1 Weak Integration of Marketers -- 3.2.2.2 Asymmetric Information -- 3.2.3 Needs -- 3.2.3.1 Marketing Gatekeepers -- 3.2.3.2 Avoid Reliance on Middlemen -- 3.3 Halal Operation -- 3.3.1 Market Outlook -- 3.3.2 Constraints -- 3.3.2.1 Requirement from Different Entity -- 3.3.3 Needs -- 3.3.3.1 Greater Integration among Authorities -- 4. Lessons Learned -- References -- 10. Malaysia in Global Ratings: Position and Dynamics -- Abstract -- 1. Introduction -- 2. Malaysia's Economy Outlook -- 3. Safeguarding the Stability of the Financial System -- 4. Key Enablers for the Development of the Financial System -- 5. Enhancing Regional and International Financial Linkages -- 6. Effective Intermediation for a High Value-Added and High-Income Economy -- 7. Conclusion -- References -- 11. How to Create a Competitive Organization, Leveraging Strategic Capabilities in Malaysia -- Abstract -- 1. Introduction -- 2. Challenges to Staying Competitive in Today's Economy -- 2.1 Future Uncertainty -- 2.2 Knowing when to Embrace Change -- 2.3 Recruiting the Right Talent -- 2.4 Technology Advancement -- 2.5 Integrity -- 2.6 Increased Competition in the Market -- 3. Strategies to Remain Competitive in Today's Global Market -- 3.1 Knowing the Competition and being Different -- 3.2 Updating the Organization's Image -- 3.3 Looking After the Existing Customers -- 3.4 Targeting New Markets -- 3.5 Being the Best Employer -- 3.6 Foreseeing the Future. 3.7 Exemplifying and Positioning Strengths to Weaknesses -- 3.8 Taking into Consideration the Local Context -- 3.9 Using Data and Analytics to Support Strategy -- 3.10 Prioritizing Creativity and Innovation -- 3.11 Knowing the Data -- 3.12 Remaining Relevant -- 3.13 Exploring Partnership Opportunities -- 4. Malaysian Strategies and Initiatives in Supporting the Organization's Sustainability -- 4.1 What are the Malaysian Strategies in Supporting the Organization's Sustainability? -- 4.1.1 Transforming Schools' Systems -- 4.1.2 Strengthening TVET and STEM -- 4.1.3 Digitalization of the Malaysian Employment Landscape -- 4.1.4 Networking and Collaboration with Other Countries -- 4.2 What are the Malaysian Initiatives in Supporting Business Sustainability? -- 4.2.1 Appreciate the Effort from Industry -- 4.2.2 Competitive Fiscal and Monetary Policies -- 4.2.3 Strengthening Human Capital Development -- 5. Conclusion -- References -- 12. Human Capital Development in Malaysia: Issues and Challenges -- Abstract -- 1. Introduction -- 2. Early Human Capital Development in Malaysia -- 2.1 Education Structure -- 2.2 Preschool Education -- 2.3 Primary Education (Year 1 to Year 6) -- 2.4 Secondary Education (Form I-Form V) -- 2.5 Preuniversity -- 2.6 Tertiary Education (Higher Education) -- 2.7 Technical and Vocational Education and Training -- 3. The Role of Education in Human Capital Development in Malaysia -- 4. Human Capital Development in Malaysia -- 5. Issues and Challenges -- 5.1 Employability Rate -- 5.2 Rate of Innovation -- 6. Conclusion -- References -- 13. Public-Private Partnership and Social Innovation in Malaysia -- Abstract -- 1. Introduction -- 2. Malaysian Context -- 2.1 Microfinancing -- 2.2 Social Entrepreneurship -- 2.3 The Grassroots Innovation -- 2.4 Public Service Delivery -- 3. Issues and Challenges -- 4. Conclusions -- References. 14. Administrative Arrangement, Spatial Development, and Regional Policy in Malaysia.
This book considers crucial changes to Malaysian economic areas and social well-being. The chapters cover diverse industries such as IT, green technology, retailing, banking, tourism and hospitality, education, logistics, finance, banking, and many others.
9781800438064
Economic development-Mathematical models.
Electronic books.
HD72-88
337
Modeling Economic Growth in Contemporary Malaysia. - 1st ed. - 1 online resource (361 pages) - Entrepreneurship and Global Economic Growth Series . - Entrepreneurship and Global Economic Growth Series .
Cover -- Modeling Economic Growth in Contemporary Malaysia -- Entrepreneurship and Global Economic Growth -- Modeling Economic Growth in Contemporary Malaysia -- Copyright -- Table of Contents -- List of Tables and Figures -- About the Editors -- About the Contributors -- Introduction -- 1. SMEs Retailing in Malaysia: Challenges for Industrial Revolution 4.0 Implementation -- Abstract -- 1. SMEs Retailing -- 1.1 Retail Sector in Malaysia -- 2. Industrial Revolution -- 2.1 The Evolution of Industrial Revolution -- 2.1.1 The First Industrial Revolution -- 2.1.2 The Second Industrial Revolution -- 2.1.3 The Third Industrial Revolution -- 2.1.4 The Fourth Industrial Revolution -- 3. Impact of IR 4.0 -- 3.1 Ways of IR4.0 Impact on Retailing -- 3.1.1 Internet of Things -- 3.1.2 Multichannel Offerings -- 3.1.3 3D Printing -- 3.1.4 Robotics -- 3.2 Readiness of SMEs Retail -- 3.3 Challenges -- 3.4 Benefits of Embracing IR4.0 -- 3.4.1 Benefits for SMEs as a Whole -- 3.4.1.1 Efficiency -- 3.4.1.2 Cost-effectiveness -- 3.4.1.3 Productivity Improvement -- 3.4.1.4 Customization -- 3.4.2 Benefits for Retailers -- 3.5 HOW Can Retailers of Malaysian SMEs Respond to IR 4.0? -- 3.5.1 Training the Workforce -- 3.5.2 Implication of Financing -- 3.5.3 Efficient Management of Change -- 3.6 Issues Faced by SMEs and Retailers -- 4. Recommendation and Conclusion -- 4.1 Recommendation -- 4.2 Conclusion -- References -- 2. Education and Innovation Growth: Establishing Entrepreneurial University Framework in Malaysia -- Abstract -- 1. Introduction -- 2. Malaysian Higher Education Systems -- 3. Public HEIs -- 4. Private Universities -- 5. University Colleges -- 6. Private Colleges -- 7. World University Rankings and Malaysia -- 8. MOHE - The Governing Authority -- 9. Entrepreneurial University Agenda -- 10. What Is Entrepreneurial Architecture? -- 10.1 Structures. 10.2 Leadership -- 10.3 Systems -- 10.4 Strategies -- 10.5 Culture -- 11. Artificial Intelligence (AI) -- 11.1 Proposed Research Framework -- 12. Why Entrepreneurial University Agenda Is So Important? -- 13. Conclusion -- References -- 3. An Overview of Malaysian Small and Medium Enterprises: Contributions, Issues, and Challenges -- Abstract -- 1. Introduction -- 2. Definition of Malaysian SMEs -- 3. The Contributions of SMEs in Malaysia -- 4. An Overview of Issues and Challenges of Malaysian SMEs -- 5. Common Issues and Challenges of SMEs in Malaysia -- 5.1 Capital and Financing Issues -- 5.2 Financial Management Problems -- 5.3 Rising Cost of Running Business -- 5.4 Limited Market -- 5.5 Obstacles Obtaining Raw Material -- 5.6 Unskilled Labor -- 5.7 Reluctant to Attend Training -- 5.8 Lack of Facilities and Infrastructure -- 5.9 Low Networking with Large Firms -- 5.10 Limitations on Implementation of ICT or Digitalization -- 5.11 Other Issues and Challenges -- 6. Conclusion -- References -- 4. STEM Education in Malaysia: Fulfilling SMEs' Expectation -- Abstract -- 1. Introduction -- 2. Literature Review -- 3. Education System of Malaysia -- 4. STEM in Malaysia -- 5. Gap between STEM Demands and Offerings -- 6. Industrialization of Malaysia -- 7. Graduate Employee Requirements beyond 2020 -- 7.1 Access -- 7.2 Quality -- 7.3 Efficiency -- 8. Conclusion -- References -- 5. Technological Parks, Clusters, and Innovation Networks: Expected Transformation of Innovative Sectors -- Abstract -- 1. Introduction -- 2. Technological Parks -- 3. Innovative Industrial Cluster -- 4. Innovation Networks -- 5. Expected Transformation of Innovative Sectors -- 6. Conclusion -- References -- 6. Post COVID-19: Strategic Digital Entrepreneurship in Malaysia -- Abstract -- 1. Introduction -- 2. The Business Environment Effecting Malaysian Entrepreneurs. 2.1 The Fast-changing Business Environment -- 2.2 The Government Policy and Enforcement on Entrepreneurs -- 2.3 COVID-19 Post Environment Effect -- 2.4 Nurturing Entrepreneurs: Producing a New Badge by 2030 -- 3. The Strategic Digital Entrepreneurship -- 4. Conclusion -- References -- 7. Agrarian Sector: Past, Present, and Future Directions toward Sustainable Palm Oil Plantations based on World Demand -- Abstract -- 1 Introduction -- 2 Current Outlook on Malaysia's Palm Oil Industry -- 2.1 Regional Market Performance -- 2.1.1 Asia Pacific -- 2.1.2 China -- 2.1.3 Middle East and North Africa -- 2.1.4 Subcontinent -- 2.1.5 Europe -- 2.1.6 Africa -- 2.1.7 The Americas -- 3 The Future of Palm Oil -- 3.1 Accelerating the Replanting of Oil Palm -- 3.2 Improving Fresh Fruit Bunch Yield -- 3.3 Improving Worker Productivity -- 3.4 Increasing the Oil Extraction Rate -- 3.5 Developing Biogas at Palm Oil Mills -- 3.6 Developing Oleo Derivatives -- 3.7 Commercializing Second-generation Biofuels -- 3.8 Expediting Growth in Food and Health-based Downstream Segments -- 4 Conclusion -- References -- 8. Malaysia on the Way to Sustainable Development: Circular Economy and Green Technologies -- Abstract -- 1. Introduction -- 2. Concept and Definition -- 2.1 Concept of Sustainable Development -- 2.2 Definition of Sustainable Developments -- 3. Sustainable Development in Malaysia -- 4. Circular Economy -- 4.1 Brief History of Circular Economy -- 4.2 Circular Economy Situation in Malaysia -- 5. Green Economy and Circular Economy -- 5.1 Environmental Sustainability in Malaysia: Elaborating the Green Economy and Environmental Efficiency -- 5.2 Green Technology in Malaysia for Sustainable Business Development -- 5.3 Malaysia Green Technology Initiatives -- References -- 9. The Importance of Industry Value Chain for Development of Malaysian Halal Industry -- Abstract. 1. Introduction -- 2. Value Chain Analysis: In Brief -- 3. Outlook, Constraints, and Needs -- 3.1 Halal Logistics -- 3.1.1 Market Outlook -- 3.1.2 Constraints -- 3.1.2.1 Financial Constraint -- 3.1.2.2 Time Constraint -- 3.1.2.3 Lack of Demand -- 3.1.3 Needs -- 3.1.3.1 Provide Incentives -- 3.1.3.2 Branding to Create Demand -- 3.2 Halal Marketing and Sales -- 3.2.1 Market Outlook -- 3.2.2 Constraints -- 3.2.2.1 Weak Integration of Marketers -- 3.2.2.2 Asymmetric Information -- 3.2.3 Needs -- 3.2.3.1 Marketing Gatekeepers -- 3.2.3.2 Avoid Reliance on Middlemen -- 3.3 Halal Operation -- 3.3.1 Market Outlook -- 3.3.2 Constraints -- 3.3.2.1 Requirement from Different Entity -- 3.3.3 Needs -- 3.3.3.1 Greater Integration among Authorities -- 4. Lessons Learned -- References -- 10. Malaysia in Global Ratings: Position and Dynamics -- Abstract -- 1. Introduction -- 2. Malaysia's Economy Outlook -- 3. Safeguarding the Stability of the Financial System -- 4. Key Enablers for the Development of the Financial System -- 5. Enhancing Regional and International Financial Linkages -- 6. Effective Intermediation for a High Value-Added and High-Income Economy -- 7. Conclusion -- References -- 11. How to Create a Competitive Organization, Leveraging Strategic Capabilities in Malaysia -- Abstract -- 1. Introduction -- 2. Challenges to Staying Competitive in Today's Economy -- 2.1 Future Uncertainty -- 2.2 Knowing when to Embrace Change -- 2.3 Recruiting the Right Talent -- 2.4 Technology Advancement -- 2.5 Integrity -- 2.6 Increased Competition in the Market -- 3. Strategies to Remain Competitive in Today's Global Market -- 3.1 Knowing the Competition and being Different -- 3.2 Updating the Organization's Image -- 3.3 Looking After the Existing Customers -- 3.4 Targeting New Markets -- 3.5 Being the Best Employer -- 3.6 Foreseeing the Future. 3.7 Exemplifying and Positioning Strengths to Weaknesses -- 3.8 Taking into Consideration the Local Context -- 3.9 Using Data and Analytics to Support Strategy -- 3.10 Prioritizing Creativity and Innovation -- 3.11 Knowing the Data -- 3.12 Remaining Relevant -- 3.13 Exploring Partnership Opportunities -- 4. Malaysian Strategies and Initiatives in Supporting the Organization's Sustainability -- 4.1 What are the Malaysian Strategies in Supporting the Organization's Sustainability? -- 4.1.1 Transforming Schools' Systems -- 4.1.2 Strengthening TVET and STEM -- 4.1.3 Digitalization of the Malaysian Employment Landscape -- 4.1.4 Networking and Collaboration with Other Countries -- 4.2 What are the Malaysian Initiatives in Supporting Business Sustainability? -- 4.2.1 Appreciate the Effort from Industry -- 4.2.2 Competitive Fiscal and Monetary Policies -- 4.2.3 Strengthening Human Capital Development -- 5. Conclusion -- References -- 12. Human Capital Development in Malaysia: Issues and Challenges -- Abstract -- 1. Introduction -- 2. Early Human Capital Development in Malaysia -- 2.1 Education Structure -- 2.2 Preschool Education -- 2.3 Primary Education (Year 1 to Year 6) -- 2.4 Secondary Education (Form I-Form V) -- 2.5 Preuniversity -- 2.6 Tertiary Education (Higher Education) -- 2.7 Technical and Vocational Education and Training -- 3. The Role of Education in Human Capital Development in Malaysia -- 4. Human Capital Development in Malaysia -- 5. Issues and Challenges -- 5.1 Employability Rate -- 5.2 Rate of Innovation -- 6. Conclusion -- References -- 13. Public-Private Partnership and Social Innovation in Malaysia -- Abstract -- 1. Introduction -- 2. Malaysian Context -- 2.1 Microfinancing -- 2.2 Social Entrepreneurship -- 2.3 The Grassroots Innovation -- 2.4 Public Service Delivery -- 3. Issues and Challenges -- 4. Conclusions -- References. 14. Administrative Arrangement, Spatial Development, and Regional Policy in Malaysia.
This book considers crucial changes to Malaysian economic areas and social well-being. The chapters cover diverse industries such as IT, green technology, retailing, banking, tourism and hospitality, education, logistics, finance, banking, and many others.
9781800438064
Economic development-Mathematical models.
Electronic books.
HD72-88
337