New Gen Entrepreneur in Malaysia: A Vibrant Economic Force

New Gen Entrepreneur in Malaysia: A Vibrant Economic Force
The asymmetrical growth of job opportunities and youth population presents a great challenge to many nations. Empowering youth through entrepreneurship initiative is seen as a feasible option to ensure the development of a balance and stable economy. Hence, the support shown by the Malaysian government towards young entrepreneurs’ development is very encouraging. Various services such as business advisory, loans and funding have been offered to stimulate the interest of these young people to establish their own start-ups while continuous a assistance were extended them to ensure growth and sustainability of their businesses.

Despite numerous challenges faced by these New Gen Entrepreneurs to overcome difficulties in various aspects of business, including access to financial assistance, market barriers and insufficient business networking, little is known about how these individuals develop their capacities during those formative years and young adulthood, given that entrepreneurship skills are often seen as acquired. Moreover, the dynamic nature of youth and entrepreneurship warrants serious reviews in the course of nurturing them. Without knowledge about how entrepreneurship abilities develop, efforts to create effective support and meaningful programmes to foster this group will remain limited in their effectiveness. This study attempts to throw light on issues facing these entrepreneurs that is indeed a vibrant economic force towards nation building.
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