Barriers and facilitators in applying industry 4.0 in small and medium enterprises (SMEs) owned by graduate entrepreneurs in Malaysia

Md Asadul Islam; Claire Seaman; Amer Hamzah Jantan; Choo Wei Chong; Abdul Rashid Abdullah

doi:10.1007/978-3-030-77753-1_9

Barriers and facilitators in applying industry 4.0 in small and medium enterprises (SMEs) owned by graduate entrepreneurs in Malaysia

Md Asadul Islam
, Claire Seaman^*
, Amer Hamzah Jantan
, Choo Wei Chong
, Abdul Rashid Abdullah

^*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

The study explores the barriers and facilitators in applying industry 4.0 in small and medium enterprises (SMEs) owned by graduate entrepreneurs in Malaysia. The study used semi-structured interviews with eight participants and identified financial limitations, limited knowledge and interest in Industry 4.0, lack of government supports, expensive installation of technologies, and uncertainty of return on investment as the major barriers in applying industry 4.0 in Malaysia. The study also identified government support, university courses on industry 4.0, financial support, infrastructure development, and collaboration among SMEs and other organizations as well as ensuring security of confidential information as the major facilitators in applying industry 4.0. This is the first empirical research that explores the barriers and facilitators in applying industry 4.0 in SMEs in Malaysia.

Original language	English
Title of host publication	Entrepreneurial Activity in Malaysia
Subtitle of host publication	A Country Level Perspective
Publisher	Springer
Pages	185-210
Number of pages	26
ISBN (Electronic)	9783030777531
ISBN (Print)	9783030777524
DOIs	https://doi.org/10.1007/978-3-030-77753-1_9
State	Published - 6 Sep 2021

Bibliographical note

Publisher Copyright:
© The Author(s), under exclusive license to Springer Nature Switzerland AG 2021. All rights reserved.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

Keywords

Barriers
Facilitators
Graduate entrepreneurs
Industry 4.0
Malaysia
SME

ASJC Scopus subject areas

General Economics, Econometrics and Finance
General Business, Management and Accounting

Access to Document

10.1007/978-3-030-77753-1_9

Cite this

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abstract = "The study explores the barriers and facilitators in applying industry 4.0 in small and medium enterprises (SMEs) owned by graduate entrepreneurs in Malaysia. The study used semi-structured interviews with eight participants and identified financial limitations, limited knowledge and interest in Industry 4.0, lack of government supports, expensive installation of technologies, and uncertainty of return on investment as the major barriers in applying industry 4.0 in Malaysia. The study also identified government support, university courses on industry 4.0, financial support, infrastructure development, and collaboration among SMEs and other organizations as well as ensuring security of confidential information as the major facilitators in applying industry 4.0. This is the first empirical research that explores the barriers and facilitators in applying industry 4.0 in SMEs in Malaysia.",

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Barriers and facilitators in applying industry 4.0 in small and medium enterprises (SMEs) owned by graduate entrepreneurs in Malaysia. / Islam, Md Asadul; Seaman, Claire; Jantan, Amer Hamzah et al.
Entrepreneurial Activity in Malaysia: A Country Level Perspective. Springer, 2021. p. 185-210.

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

TY - CHAP

T1 - Barriers and facilitators in applying industry 4.0 in small and medium enterprises (SMEs) owned by graduate entrepreneurs in Malaysia

AU - Islam, Md Asadul

AU - Seaman, Claire

AU - Jantan, Amer Hamzah

AU - Chong, Choo Wei

AU - Abdullah, Abdul Rashid

PY - 2021/9/6

Y1 - 2021/9/6

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AB - The study explores the barriers and facilitators in applying industry 4.0 in small and medium enterprises (SMEs) owned by graduate entrepreneurs in Malaysia. The study used semi-structured interviews with eight participants and identified financial limitations, limited knowledge and interest in Industry 4.0, lack of government supports, expensive installation of technologies, and uncertainty of return on investment as the major barriers in applying industry 4.0 in Malaysia. The study also identified government support, university courses on industry 4.0, financial support, infrastructure development, and collaboration among SMEs and other organizations as well as ensuring security of confidential information as the major facilitators in applying industry 4.0. This is the first empirical research that explores the barriers and facilitators in applying industry 4.0 in SMEs in Malaysia.

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BT - Entrepreneurial Activity in Malaysia

PB - Springer

ER -

Barriers and facilitators in applying industry 4.0 in small and medium enterprises (SMEs) owned by graduate entrepreneurs in Malaysia

Abstract

Bibliographical note

UN SDGs

Keywords

ASJC Scopus subject areas

Access to Document

Fingerprint

Cite this