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Entrepreneurial characteristics of indigenous housing developers: the case of Malaysia

Author

Listed:
  • JAAFAR Mastura

    (School of Housing Building and Planning Universiti Sains Malaysia, Penang, Malaysia)

  • ABDUL AZIZ Abdul Rashid

    (School of Housing Building and Planning Universiti Sains Malaysia, Penang, Malaysia)

  • ALI Roslinda

    (Universiti Sains Malaysia, Penang, Malaysia)

Abstract

Since the colonisation era, the immigrants from mainland China (and now their descendents) dominate the Malaysian housing industry. Their high entrepreneurial ethics stimulated early venture in all economic sectors to become dominant in business. To increase the participation of indigenous entrepreneurs in economic activities, Malaysia has practiced its own version of the affirmative policy since the 1970s which is known as National Economic Policy (NEP). Unlike other economic sectors such as construction, manufacturing and agricultural, the government has not provided special assistance (other than those that are generic in nature) for the indigenous populace to penetrate and thrive in housing development. As a consequence, their participation in this sector is conspicuous by their absence. A study was conducted to look into the involvement of indigenous housing developers in housing industry. Data was collected through postal questionnaires followed by face-to-face interviews. The discussion on the data analysis is presented together with interview findings.

Suggested Citation

  • JAAFAR Mastura & ABDUL AZIZ Abdul Rashid & ALI Roslinda, 2009. "Entrepreneurial characteristics of indigenous housing developers: the case of Malaysia," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(2), pages 73-91, December.
    • Handle: RePEc:rom:econmn:v:12:y:2009:i:2:p:73-91
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    References listed on IDEAS

    as
    1. Gartner, William B., 1990. "What are we talking about when we talk about entrepreneurship?," Journal of Business Venturing, Elsevier, vol. 5(1), pages 15-28, January.
    2. Abdul-Rashid Abdul-Aziz & Mastura Jaafar & Abdul Aziz Hussin, 2007. "Are government-linked construction companies in Malaysia still valid? The indigenous contractors' perspective," Construction Management and Economics, Taylor & Francis Journals, vol. 25(10), pages 1009-1019.
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    More about this item

    Keywords

    indigenous housing developer; housing development industry; entrepreneur characteristic;
    All these keywords.

    JEL classification:

    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods

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