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A comparative study on development of small and medium enterprises (SMEs) in Japan and Malaysia


Citation

C., Hironaka and Mohd Ashhari, Zariyawati and F., Diana-Rose (2017) A comparative study on development of small and medium enterprises (SMEs) in Japan and Malaysia. Saudi Journal of Business and Management Studies, 2 (4A). pp. 357-364. ISSN 2415-6663; ESSN: 2415-6671

Abstract

The purpose of this paper is to explore the best practice of small medium enterprises (SMEs) from Japan. Japan has been proven to be successful lesson to be followed by Malaysia. Japan’s SMEs began after World War II in 1945. Thus, it has shown that the development process has intricacies and can be studied by Malaysian SMEs, which began in the 1970s due to the revolution of new economic policies. This paper provides the understanding of the development of SMEs between Japan and Malaysia. Further, we identify a gap between SMEs in Malaysia and SMEs in Japan as best practice. The challenges SMEs face might be different in their respective countries—it might be from the perspective of cultural aspects, market environments, and more, but with the initiative measures, pro and cons of both countries’ SMEs can enhance their duty as the backbone of a country’s economy.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
DOI Number: https://doi.org/10.21276/sjbms
Publisher: Scholars Middle East Publishers
Keywords: Business support; Economy; Japan; Malaysia; Small and medium enterprises (SMEs)
Depositing User: Ms. Nida Hidayati Ghazali
Date Deposited: 03 Apr 2019 04:47
Last Modified: 03 Apr 2019 04:47
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.21276/sjbms
URI: http://psasir.upm.edu.my/id/eprint/60635
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