Behavioral Intention on Islamic Crowdfunding Usage among Malaysian Bumiputera SMEs: Moderating effect of technology readiness

Engku Hassan Ashari, Engku Huda Mursyidah; Engku Ali, Engku Rabiah Adawiah; Mat Zin, Sakinah

doi:10.21834/e-bpj.v8isi14.5050

Cited by 1 publication

(1 citation statement)

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“…These plans have been incorporated into the national economic plans. These initiatives include facilitating access to financing through specialized loan schemes, providing tax breaks for sustainable marine-related ventures, and offering training and capacity-building programs to enable SMEs to capitalize on blue economy opportunities in a sustainable and profitable manner (Ashari et al, 2023).…”

Section: Discussionmentioning

confidence: 99%

Deciphering blue economy for SMEs in Malaysia: A dual approach through scoping review and stakeholder conversations

Saarani,

Alias,

Amran

et al. 2023

J. Infras. Policy. Dev.

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The expanding blue economy, marked by its focus on sustainable use of ocean resources, offers enormous opportunity for Small and Medium-sized Enterprises (SMEs). However, for SMEs to properly integrate and succeed in this economy, they must first have a thorough awareness of the sector’s challenges and prospects. This research used a scoping review and a qualitative study to identify the challenges and opportunities facing SMEs operating in the blue economy. The study discovered recurring themes and gaps in the existing literature by conducting an extensive examination of scholarly publications. The key challenges identified include complicated regulatory frameworks, restricted access to funding, infrastructure restrictions, talent deficiencies, government support, and market outreach. In-depth interviews with Malaysian SME leaders, industry stakeholders, and policymakers were conducted to decipher these findings. The results of interviews confirmed the relevance of the regulatory framework, infrastructure restrictions, talent deficit, and market access challenges in the Malaysian context. In particular, the study revealed emerging opportunities for Malaysian blue SMEs in sectors such as renewable energy, sustainable fisheries, marine biotechnology, and ecotourism. The study emphasizes the importance of an encouraging policy framework, knowledge-sharing platforms, and capacity building activities. It finishes by underlining the ability of SMEs to drive a sustainable and thriving blue economy, if challenges are systematically handled, and opportunities are appropriately capitalized.

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Section: Discussionmentioning

confidence: 99%