THE DEVELOPMENT TECHNOLOGY BASED ENTREPRENEUR IN MALAYSIA

Abstract

Realizing the involvement of small and medium-sized enterprises (SMEs) in the economic development, Malaysia has introduced a special Flagship Application that acts as a mechanism to realize the benefits of SMEs to the nation. The emergence of technological innovations has opened up to new opportunities and challenges to a nation’s economic development. The knowledge regarding the background of Technopreneur Development Flagship Application could bring positive returns to the public at large especially SMEs. The importance of SMEs in contributing to the growth of the economy and the importance of information and communication technology (ICT) adoption has led to the introduction of the new Flagship Application as it aims at accelerating the development of these SMEs to become globally competitive companies.