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Empowering Entrepreneurial Ecosystem: A Conceptual Paper on Exploring the Impact of Government Support on SMEs in Malaysia

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  • Zarith Delaila Abd Aziz
  • Nor Azian Abdul Rahman
  • Muhamad Khalil Omar
  • Norashikin Hussein

Abstract

SMEs continue to be a backbone for the development and growth of the economy in countries around the world. The success of SMEs depends on the effectiveness of EEs. One of the components of EEs that may contribute to the success of SMEs is government support. This paper proposes a conceptualization of the impact of government support (EE component), particularly on financial support and business support for SMEs in Selangor, Malaysia. This conceptual research provides important suggestions for researchers to assess the impact of government support on SME’s business performance and also offers valuable insight for policymakers and other stakeholders to effectively design the initiatives that could enhance the growth and development of SMEs.

Suggested Citation

  • Zarith Delaila Abd Aziz & Nor Azian Abdul Rahman & Muhamad Khalil Omar & Norashikin Hussein, 2024. "Empowering Entrepreneurial Ecosystem: A Conceptual Paper on Exploring the Impact of Government Support on SMEs in Malaysia," Information Management and Business Review, AMH International, vol. 16(3), pages 573-583.
    • Handle: RePEc:rnd:arimbr:v:16:y:2024:i:3:p:573-583
    DOI: 10.22610/imbr.v16i3S(I)a.4151
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