摘要：Worldwide, SMEs has revolutionized business environment and often depicted as the main driver of the economy by creating wealth and providing jobs to the local community that they are situated in. SMEs should be viewed main contributor in stimulating long-term development of economy in many nations as SMEs accounts for more than 90 locally (Hashim, 2005; Tung & Aycan, 2008). Based on 2011 Malaysia economic census, SMEs in Malaysia consist of 97.3% from 662,939 units of total business establishment in the country (Department of Statistic Malaysia, 2017). SMEs in Malaysia recorded a significant double digit growth of 13.6% for 2014 and the share of SMEs to GDP raise significantly from 33.5% in 2014 to 36% for year 2014 (SME Annual Report 2014/2015). However, the contribution rate of SMEs to GDP of in Malaysia is relatively low as compared other nations. SMEs in Korea and Singapore contributes a total of 53% and 49% respectively, meanwhile in Thailand, SMEs contributes a total of 38% to the nation’s GDP (SME Annual Report 2009/2010). This indicates that the growth potential among Malaysian SMEs need to be further refine to enable for a larger contribution to the nation.
