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Social Entrepreneurship: Policies and Practice in Malaysia

In: Entrepreneurial Activity in Malaysia

Author

Listed:
  • Yasmin Rasyid

    (EcoKnights)

  • Robert Bowen

    (Swansea University)

Abstract

This chapter discusses the development of policies and practices within the Malaysian social entrepreneurship ecosystem, with the aim of understanding the role of social entrepreneurship in an emerging economy. While still a new concept in Malaysia, government efforts are accelerating the sector’s growth. This chapter evaluates the prominent issues of social entrepreneurship in Malaysia, focussing on the actions of policymakers in furthering the reach of social entrepreneurship, as well as analysing working examples. Five case studies of social entrepreneurship across Malaysia are discussed, which underline the growth of the social entrepreneurship ecosystem across the country. Findings point to several challenges for such companies, notably awareness of social enterprises, a lack of legal definition, and limited resources, particularly financial and human resources.

Suggested Citation

  • Yasmin Rasyid & Robert Bowen, 2021. "Social Entrepreneurship: Policies and Practice in Malaysia," Springer Books, in: Paul Jones & Louisa Huxtable-Thomas & Syahira Hamidon & Paul Hannon & Norgainy Mohd Tawil (ed.), Entrepreneurial Activity in Malaysia, chapter 0, pages 117-134, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-77753-1_6
    DOI: 10.1007/978-3-030-77753-1_6
    as

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