The innovation drivers, strategies and performance of food processing SMEs in Malaysia

Malaysian SMEs play an important role in sustaining the nation’s economic move toward a developed country status by 2020. The main aims of this study were to examine how the innovation drivers and the initiatives affect the performance of food procesing SMEs in Malaysia by analysing primary data g...

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Main Authors:	Abul Bashar Bhuiyan, Jamaliah Said, Md. Daud Ismail, Mohd Fauzi Mohd Jani, Yong, David Gun Fie
Format:	Article
Language:	English
Published:	School of Social, Development and Environmental Studies, Faculty of Social Sciences and Humanities, Universiti Kebangsaan Malaysia 2016
Online Access:	http://journalarticle.ukm.my/9821/ http://journalarticle.ukm.my/9821/ http://journalarticle.ukm.my/9821/1/14x.geografia-si-feb16-abulbashar-edam1.pdf

id	ukm-9821
recordtype	eprints
spelling	ukm-98212016-12-14T06:50:56Z http://journalarticle.ukm.my/9821/ The innovation drivers, strategies and performance of food processing SMEs in Malaysia Abul Bashar Bhuiyan, Jamaliah Said, Md. Daud Ismail, Mohd Fauzi Mohd Jani, Yong, David Gun Fie Malaysian SMEs play an important role in sustaining the nation’s economic move toward a developed country status by 2020. The main aims of this study were to examine how the innovation drivers and the initiatives affect the performance of food procesing SMEs in Malaysia by analysing primary data gathered from 247 executives of food processing SMEs in Malaysia with statistical and econometric techniques. Multiple logistic regression models were employed to estimate how new innovations affect the annual sales turnover of SMEs in Malaysia. The study revealed that while the Malaysian SMEs were exploring innovations to maintain their performance and annual growth, multiple logistic regression model outputs showed that there were significant positive impacts of innovation, especially in the category of new product, new operational process, new managerial process, new markets and new sources of supply on the annual sales turnover of food processing SMEs in Malaysia. As such it is recommended that the Malaysian SMEs be considered as key drivers in improving the development of new products, new market and new sources of supply for sustainable performance and growth in the coming future. School of Social, Development and Environmental Studies, Faculty of Social Sciences and Humanities, Universiti Kebangsaan Malaysia 2016-02 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/9821/1/14x.geografia-si-feb16-abulbashar-edam1.pdf Abul Bashar Bhuiyan, and Jamaliah Said, and Md. Daud Ismail, and Mohd Fauzi Mohd Jani, and Yong, David Gun Fie (2016) The innovation drivers, strategies and performance of food processing SMEs in Malaysia. Geografia : Malaysian Journal of Society and Space, 12 (2). pp. 154-166. ISSN 2180-2491 http://www.ukm.my/geografia/v2/index.php?cont=a&item=2&thn=2016&vol=12&issue=2&ver=loc
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
description	Malaysian SMEs play an important role in sustaining the nation’s economic move toward a developed country status by 2020. The main aims of this study were to examine how the innovation drivers and the initiatives affect the performance of food procesing SMEs in Malaysia by analysing primary data gathered from 247 executives of food processing SMEs in Malaysia with statistical and econometric techniques. Multiple logistic regression models were employed to estimate how new innovations affect the annual sales turnover of SMEs in Malaysia. The study revealed that while the Malaysian SMEs were exploring innovations to maintain their performance and annual growth, multiple logistic regression model outputs showed that there were significant positive impacts of innovation, especially in the category of new product, new operational process, new managerial process, new markets and new sources of supply on the annual sales turnover of food processing SMEs in Malaysia. As such it is recommended that the Malaysian SMEs be considered as key drivers in improving the development of new products, new market and new sources of supply for sustainable performance and growth in the coming future.
format	Article
author	Abul Bashar Bhuiyan, Jamaliah Said, Md. Daud Ismail, Mohd Fauzi Mohd Jani, Yong, David Gun Fie
spellingShingle	Abul Bashar Bhuiyan, Jamaliah Said, Md. Daud Ismail, Mohd Fauzi Mohd Jani, Yong, David Gun Fie The innovation drivers, strategies and performance of food processing SMEs in Malaysia
author_facet	Abul Bashar Bhuiyan, Jamaliah Said, Md. Daud Ismail, Mohd Fauzi Mohd Jani, Yong, David Gun Fie
author_sort	Abul Bashar Bhuiyan,
title	The innovation drivers, strategies and performance of food processing SMEs in Malaysia
title_short	The innovation drivers, strategies and performance of food processing SMEs in Malaysia
title_full	The innovation drivers, strategies and performance of food processing SMEs in Malaysia
title_fullStr	The innovation drivers, strategies and performance of food processing SMEs in Malaysia
title_full_unstemmed	The innovation drivers, strategies and performance of food processing SMEs in Malaysia
title_sort	innovation drivers, strategies and performance of food processing smes in malaysia
publisher	School of Social, Development and Environmental Studies, Faculty of Social Sciences and Humanities, Universiti Kebangsaan Malaysia
publishDate	2016
url	http://journalarticle.ukm.my/9821/ http://journalarticle.ukm.my/9821/ http://journalarticle.ukm.my/9821/1/14x.geografia-si-feb16-abulbashar-edam1.pdf
first_indexed	2023-09-18T19:55:48Z
last_indexed	2023-09-18T19:55:48Z
_version_	1777406520660590592

The innovation drivers, strategies and performance of food processing SMEs in Malaysia

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