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The Bumipreneur dilemma and Malaysia's technology start†up ecosystem

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  • Sarah Kelman

Abstract

This article examines the emergence of a technology†based start†up ecosystem in Malaysia that is modeled on the tech economy of Silicon Valley and borrows a number of notions about value, capital, and merit. Malaysia is encouraging distinct forms of entrepreneurship as a tool for national economic development and for the socioeconomic mobility of Malay Muslims, who are the recipients of affirmative action–style benefits from the state. I propose that Malaysia's entrepreneurial ambitions have engendered a dilemma within the start†up ecosystem: Malays must utilize their special benefits while being viewed as lacking in entrepreneurial spirit for doing so. This dilemma is the result of the specific forms of cultural and financial capital that are needed to navigate a challenging economic landscape that is far from a meritocracy.

Suggested Citation

  • Sarah Kelman, 2018. "The Bumipreneur dilemma and Malaysia's technology start†up ecosystem," Economic Anthropology, Wiley Blackwell, vol. 5(1), pages 59-70, January.
    • Handle: RePEc:bla:ecanth:v:5:y:2018:i:1:p:59-70
    DOI: 10.1002/sea2.12102
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    References listed on IDEAS

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    1. Ross Levine & Yona Rubinstein, 2013. "Smart and Illicit: Who Becomes an Entrepreneur and Does it Pay?," CEP Discussion Papers dp1237, Centre for Economic Performance, LSE.
    2. Blanchflower, David G & Oswald, Andrew J, 1998. "What Makes an Entrepreneur?," Journal of Labor Economics, University of Chicago Press, vol. 16(1), pages 26-60, January.
    3. Anna Lowenhaupt Tsing, 2015. "The Mushroom at the End of the World: On the Possibility of Life in Capitalist Ruins," Economics Books, Princeton University Press, edition 1, number 10581.
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    Cited by:

    1. Sarah Ruth Sippel & Moritz Dolinga, 2023. "Constructing agri-food for finance: startups, venture capital and food future imaginaries," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 40(2), pages 475-488, June.

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