National venture competition and technopreneurship development in Malaysia / Wee-Liang Tan, Karl Egge and Osman Mohamad

National venture competition and technopreneurship development in Malaysia / Wee-Liang Tan, Karl Egge and Osman Mohamad

In the global slowdown, there is a revived interest in entrepreneurship development particularly in new startups based on technology. Many countries see this as a basis for future growth and competitiveness. To encourage technology-based entrepreneurship, also called entrepreneurship, business plan...

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Format: Article
Language:English
Published: Faculty of Business and Management ; UiTM Press 2005
Online Access:http://ir.uitm.edu.my/id/eprint/16753/
http://ir.uitm.edu.my/id/eprint/16753/
http://ir.uitm.edu.my/id/eprint/16753/1/AJ_TAN%20WEE-LIANG%20JIBE%2005.pdf
id uitm-16753
recordtype eprints
spelling uitm-167532018-01-15T13:42:25Z http://ir.uitm.edu.my/id/eprint/16753/ National venture competition and technopreneurship development in Malaysia / Wee-Liang Tan, Karl Egge and Osman Mohamad In the global slowdown, there is a revived interest in entrepreneurship development particularly in new startups based on technology. Many countries see this as a basis for future growth and competitiveness. To encourage technology-based entrepreneurship, also called entrepreneurship, business plan competitions could be one strategy. Typically one finds business plan competitions either for members of a region of a country (e.g., SW Pennsylvania); or, as an extension of University programs in business and entrepreneurship (e.g., MIT). Certainly such competitions can generate and exploit interest in entrepreneurs/up. In Malaysia, beginning in 2001, a business plan competition with a difference has been established. It is not organized to draw participation from educational institutions. It was not a competition initiated by venture capitalists, but a national effort. The three parties organizing it included a consulting firm (McKinsex), a stock exchange (Mesdaq/ KLSE), and a nonprofit business organization (the Malaysian Institute of Management). Of course it had the support of the government and many others. Its goal is to show-case technology oriented new startups to suppliers of capital and to suppliers of know how and who. But its goal also is to help foster an entrepreneurial buzz in the nation. In this sense, it is a national business plan competition that merges three functions: a business plan competition, a venture capital forum, and a network building venue. The paper considers the case for such a competition, and reports on who were the initial contestant participants. Faculty of Business and Management ; UiTM Press 2005 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/16753/1/AJ_TAN%20WEE-LIANG%20JIBE%2005.pdf UNSPECIFIED (2005) National venture competition and technopreneurship development in Malaysia / Wee-Liang Tan, Karl Egge and Osman Mohamad. Journal of International Business, Economics and Entrepreneurship (JIBE), 2 (2). pp. 69-81. ISSN 0128-7494 https://jibe.uitm.edu.my/
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
description In the global slowdown, there is a revived interest in entrepreneurship development particularly in new startups based on technology. Many countries see this as a basis for future growth and competitiveness. To encourage technology-based entrepreneurship, also called entrepreneurship, business plan competitions could be one strategy. Typically one finds business plan competitions either for members of a region of a country (e.g., SW Pennsylvania); or, as an extension of University programs in business and entrepreneurship (e.g., MIT). Certainly such competitions can generate and exploit interest in entrepreneurs/up. In Malaysia, beginning in 2001, a business plan competition with a difference has been established. It is not organized to draw participation from educational institutions. It was not a competition initiated by venture capitalists, but a national effort. The three parties organizing it included a consulting firm (McKinsex), a stock exchange (Mesdaq/ KLSE), and a nonprofit business organization (the Malaysian Institute of Management). Of course it had the support of the government and many others. Its goal is to show-case technology oriented new startups to suppliers of capital and to suppliers of know how and who. But its goal also is to help foster an entrepreneurial buzz in the nation. In this sense, it is a national business plan competition that merges three functions: a business plan competition, a venture capital forum, and a network building venue. The paper considers the case for such a competition, and reports on who were the initial contestant participants.
format Article
title National venture competition and technopreneurship development in Malaysia / Wee-Liang Tan, Karl Egge and Osman Mohamad
spellingShingle National venture competition and technopreneurship development in Malaysia / Wee-Liang Tan, Karl Egge and Osman Mohamad
title_short National venture competition and technopreneurship development in Malaysia / Wee-Liang Tan, Karl Egge and Osman Mohamad
title_full National venture competition and technopreneurship development in Malaysia / Wee-Liang Tan, Karl Egge and Osman Mohamad
title_fullStr National venture competition and technopreneurship development in Malaysia / Wee-Liang Tan, Karl Egge and Osman Mohamad
title_full_unstemmed National venture competition and technopreneurship development in Malaysia / Wee-Liang Tan, Karl Egge and Osman Mohamad
title_sort national venture competition and technopreneurship development in malaysia / wee-liang tan, karl egge and osman mohamad
publisher Faculty of Business and Management ; UiTM Press
publishDate 2005
url http://ir.uitm.edu.my/id/eprint/16753/
http://ir.uitm.edu.my/id/eprint/16753/
http://ir.uitm.edu.my/id/eprint/16753/1/AJ_TAN%20WEE-LIANG%20JIBE%2005.pdf
first_indexed 2023-09-18T22:56:47Z
last_indexed 2023-09-18T22:56:47Z
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