Development in Entrepreneurship

Topics: Entrepreneurship, Entrepreneur Pages: 2 (594 words) Published: October 6, 2010
Discuss the scenario of entrepreneurial development in Malaysia??

The definitions of entrepreneurship can be found in the literature of describing business process. The earliest definition entrepreneurship, came from the eighteenth century, used it as an economic term describing the process of bearing the risk of buying at certain prices and selling at uncertain prices. Entrepreneur word come from France language “entreprendre” mean bear task or try. Richard Cantillon (1775) that the first person introduced the word of entrepreneur. Nowadays, had too many exist program of development in entrepreneurship in Malaysia, it is because to support the citizens in this country to become successful entrepreneur and to boost economic country in the future. There are a few scenario entrepreneurship developments in Malaysia which is the program under Federal Land Development Authority (FELDA). Programmers under FELDA were SAWARI programs, Agro-based Industry and business services and others. SAWARI programme was being introduced in year 2003 with specialize only two industry namely food and craft. The objective introduce this programme are diversifying production activity that generating income, to encourage pioneer population economic development, to introduce identity and local culture through product that being marketed and increase quality and product design which occupied market demand. The food product was being processed under F Best Food brand, while craft industry under F Best Craft brand include textile and partly developed under Modern Malaysia brand. The infrastructural facility and fund that prepared to FELDA entrepreneur is intensive scheme FELDA entrepreneur. The other scenario of development entrepreneurial in Malaysia is MECD’s Skim Usahawan Siswazah or abbreviation SUS was a training course during five days planning to cultivate young Malaysian entrepreneurs especially those have recently (or not so recently) graduated. It part of many programmes...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • entrepreneurship development Essay
  • Entrepreneurship Development Essay
  • Role of Entrepreneurship in Economic Development Essay
  • Entrepreneurship Development Essay
  • Entrepreneurship Development Research Paper
  • Entrepreneurship and Economic Development. Essay
  • Entrepreneurship and Economic Development. Essay
  • Entrepreneurship with Social Development Essay

Become a StudyMode Member

Sign Up - It's Free