The effectiveness of entrepreneurial development mechanism implemented by Bank Pembangunan & Infrastruktur Malaysia Berhad (BPIMB) towards BPIMB factory scheme’s (BFS) participants
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Date
2005-04
Authors
Mazdhee Bin Mohamad Hussain
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Abstract
This research was conducted to investigate the effectiveness level of entrepreneurial development mechanism implemented by Bank Pembangunan & Infrastruktur Malaysia Berhad (BPIMB) towards BPIMB Factory Scheme’s (BFS) participants throughout Malaysia. The purpose of this research is to determine whether independent variables, financial services (financing processing period and financial facilities characteristics) and non-financial services (advisory services, entrepreneurial development programs, factory building’s characteristics, incubator services and flexible factory rental terms) plays an important role in influencing dependent variable BFS participant’s business performance (profitability and sales and internal growth). 92 BFS participants responded on the survey. Four main hypotheses were raised. It was found that financial facilities characteristics and factory buildings characteristics plays an important role in influencing BFS participants’ business performance. Combination of financial services and non-financial services plays an important role in influencing BFS participants’ business performance with a better achievement. Level of getting non-financial services plays an important role in influencing BFS participants’ business performance. Besides that, this research was not able to prove the effectiveness of financing processing period, advisory services, entrepreneurial development programs, incubator services and flexible factory rental terms towards BFS participants’ business performance. BPIMB has to further enhance its financial facilities characteristics and factory buildings’ characteristics as well as instilling factors which found to be as low effective level towards BFS participants’ business performance.
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Keywords
Business Administration , Entrepreneurial Development