Record Details

Personality Characteristics Hampering the New Economic Models

Asian Journal of Business and Management

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Field Value
 
Title Personality Characteristics Hampering the New Economic Models
 
Creator Sulastini, Ms.
Hairul, Mr.
Rajiani, Ismi
Buyong, Edna
 
Subject entrepreneurs
risk-taking propensity
tolerance for ambiguity
internal locus of control
innovativeness
independence
 
Description Malaysia is under economic reform shifting  from New Economic Policy to New Economic Model.  Unlike the previous model, The New Economic Model implicitly will lead the Malays to market based-economy. Conditioned this way, all ethnics forming 1 Malaysia will compete. Drawing on cultural approach, characteristics of South East Asian Malays (hereafter referred to as Bumiputera) are identified which may account for selected personality characteristics being significant predictors of entrepreneurial spirit. Although numerous personality characteristics have been associated with entrepreneurs, this study is limited to; risk-taking propensity, tolerance for ambiguity, internal locus of control, innovativeness, and independence. Generally, these characteristics are not prevalent in Malaysian Bumiputera’s culture. Lack of these characteristics may hamper the effectiveness of the rhetoric of entrepreneurship  as expressed in the language of New Economic Model. 
 
Publisher Asian Online Journals
 
Date 2014-04-13
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://ajouronline.com/index.php/AJBM/article/view/1114
 
Source Asian Journal of Business and Management; Vol. 2 No. 2 (2014): April 2014
2321-2802
 
Language eng
 
Relation https://ajouronline.com/index.php/AJBM/article/view/1114/561