Journal Screenshot

International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Implicating Digital Entrepreneurship to Augment Micro, Small and Medium Enterprises Performance

Abd Halim Mohamad, Sabrinah Adam

http://dx.doi.org/10.6007/IJARBSS/v12-i5/13337

Open access

The goal of this research is to delineate and comprehend how digital entrepreneurship would assist micro, small, and medium enterprises (MSMEs) in Malaysia to improve their performance. This study examines digital entrepreneurship and its relevant components, such as entrepreneur characteristics, digital ecosystems, and digital entrepreneurial ecosystems, as the determinants of MSMEs' performance. This research will use the IBM Statistical Package for Social Sciences (SPSS) software tool and adopt a quantitative approach to validate and analyse research outcomes. MSMEs that are engaging in digital transformation programmes and existing young digital entrepreneurs will constitute the study sample. The proposed conceptual framework model is being used to construct research hypotheses. The outcomes of this study are expected to be beneficial to digital entrepreneur start-ups and existing digital entrepreneur enthusiasts in augmenting MSMEs' business performance and operational viability in the digital economy age industry that aligns with government economic strategies.

Acs, Z. J., Stam, E., Audretsch, D. B., & O’Connor, A. (2017b). The lineages of the entrepreneurial ecosystem approach. Small Business Economics, 49(1), 1–10. https://doi.org/10.1007/s11187-017-9864-8
Antonizzi, J., & Smuts, H. (2020). The Characteristics of Digital Entrepreneurship and Digital Transformation: A Systematic Literature Review. In M. Hattingh, M. Matthee, H. Smuts, I. Pappas, Y. K. Dwivedi, & M. Mäntymäki (Eds.), Responsible Design, Implementation and Use of Information and Communication Technology (Vol. 12066, pp. 239–251). Springer International Publishing. https://doi.org/10.1007/978-3-030-44999-5_20
Autio, E., Nambisan, S., Thomas, L. D. W., & Wright, M. (2018). Digital affordances, spatial affordances, and the genesis of entrepreneurial ecosystems. Strategic Entrepreneurship Journal, 12(1), 72–95. https://doi.org/10.1002/sej.1266
Du, W. (Derek), Pan, S. L., Zhou, N., & Ouyang, T. (2018). From a marketplace of electronics to a digital entrepreneurial ecosystem (DEE): The emergence of a meta-organization in Zhongguancun, China. Information Systems Journal, 28(6), 1158–1175. https://doi.org/10.1111/isj.12176
Elia, G., Margherita, A., & Passiante, G. (2020). Digital entrepreneurship ecosystem: How digital technologies and collective intelligence are reshaping the entrepreneurial process. Technological Forecasting and Social Change, 150, 119791.
https://doi.org/10.1016/j.techfore.2019.119791
Kraus, S., Palmer, C., Kailer, N., Kallinger, F. L., & Spitzer, J. (2018). Digital entrepreneurship: A research agenda on new business models for the twenty-first century. International Journal of Entrepreneurial Behavior & Research, 25(2), 353–375. https://doi.org/10.1108/IJEBR-06-2018-0425
Husin, M., & Haron, R. (2020). Micro, small and medium enterprises’ competitiveness and micro- tak?ful adoption. ISRA International Journal of Islamic Finance, 12(3), 367–380. https://doi.org/10.1108/IJIF-03-2019-0038
Mustapa, W., Al Mamun, A., & Ibrahim, M. (2018). Development Initiatives, Micro-Enterprise Performance and Sustainability. International Journal of Financial Studies, 6(3), 74. https://doi.org/10.3390/ijfs6030074
Nambisan, S. (2017). Digital Entrepreneurship: Toward a Digital Technology Perspective of Entrepreneurship. Entrepreneurship Theory and Practice, 41(6), 1029–1055. https://doi.org/10.1111/etap.12254
Purbasari, R., Muttaqin, Z., & Sari, D. S. (2021). Digital Entrepreneurship in Pandemic Covid 19 Era: The Digital Entrepreneurial Ecosystem Framework. 10(1), 22.
Rajain, P. (2017). Entrepreneurship in The Digital Era. 8(6), 12.
Satalkina, L., & Steiner, G. (2020). Digital Entrepreneurship: A Theory-Based Systematization of Core Performance Indicators. Sustainability, 12(10), 4018.
https://doi.org/10.3390/su12104018
Seet, P.-S., Lindsay, N., & Kropp, F. (2021). Understanding early-stage firm performance: The explanatory role of individual and firm level factors. International Journal of Manpower, 42(2), 260–285. https://doi.org/10.1108/IJM-02-2019-0112
Soltanifar, M., & Smailhodzic, E. (2021). Developing a Digital Entrepreneurial Mindset for Data-Driven, Cloud-Enabled, and Platform-Centric Business Activities: Practical Implications and the Impact on Society. In M. Soltanifar, M. Hughes, & L. Göcke (Eds.), Digital Entrepreneurship (pp. 3–21). Springer International Publishing.
https://doi.org/10.1007/978-3-030-53914-6_1
Sussan, F., & Acs, Z. J. (2017). The digital entrepreneurial ecosystem. Small Business Economics, 49(1), 55–73. https://doi.org/10.1007/s11187-017-9867-5
Sharma, A., & Yadav, R. K. (2020). Emerging Dimensions in Digital Entrepreneurship: Challenges and Opportunities. Tradepreneur Global Academic Platform, Southampton, UK. pp.17-33
The Ministry of Finance, Government of Malaysia. (2022). ‘Economic Outlook 2022’. Retrieved from https://budget.mof.gov.my/pdf/2022/economy/economy-2022.pdf
The United Nations, Department of Economic and Social Affairs (UNDESA). (2021). ‘Micro-, Small and Medium-sized Enterprises (MSMEs) and their role in achieving the Sustainable Development Goals (SDGs)’. https://sdgs.un.org/sites/default/files/2020-07/MSMEs_and_SDGs.pdf
Trongtorsak, S., Saraubon, K., & Nilsook, P. (2021). Collaborative Experiential Learning Process for Enhancing Digital Entrepreneurship. Higher Education Studies, 11(1), 137. https://doi.org/10.5539/hes.v11n1p137
Wardaya, A., So, I. G., & Bandur, A. (2019). Entrepreneurial Orientation and Digital Technology Capabilities in Small and Medium-sized Enterprises (SMEs) in Indonesia. 8(1), 5.
Why Startups Fail: Top 12 Reasons l CB Insights. (2021). CB Insights Research. https://www.cbinsights.com/research/startup-failure-reasons-top/
World Bank. (2021). - Small and Medium Enterprises (SMEs) Finance,
https://www.worldbank.org/en/topic/smefinance

In-Text Citation: (Mohamad & Adam, 2022)
To Cite this Article: Mohamad, A. H., & Adam, S. (2022). Implicating Digital Entrepreneurship to Augment Micro, Small and Medium Enterprises Performance. International Journal of Academic Research in Business and Social Sciences, 12(5), 1112 – 1120.