ENTREPRENEURSHIP IN MALAYSIAN HIGHER EDUCATION : POLICY, CHALLENGES AND WAY FORWARD
SYAHIRA HAMIDONMinistry of Education, [email protected]
High Income Targets US$15k-20k per Capita by 2020
Where Malaysia Wants To Be?
Quality Life
Market Led
Well-Governe
d
Regionally
Integrated
InnovativeEntreprene
urial
Characterics of Malaysia’s Economy in 2020
Initiatives To Promote Entrepreneurship
Dedicated funding for SME
Business in transformation programmes
Provision of support facilities including incubators, advisory services and training
Special support for young entrepreneurs
Emphasis on Education and Training
A large sum of Malaysian budget has consistently been for education and training (about 21%)
Accountable to provide the country with quality and competitive human capital
MINISTRY OF EDUCATION MALAYSIA (MOE)
Entrepreneurship in Education
Launch : 13 April 2010To promote and strengthen
entrepreneurship development in a more organized and holistic manner among local
institutions of Higher Learning (IHL) 3 MAIN OBJECTIVES
ENTREPRENEURSHIP DEVELOPMENT POLICY FOR INSTITUTIONS OF
HIGHER LEARNING
Produce graduates with entrepreneurial
mindset and capabilities
Increase the number of Graduate
Entrepreneurs
Nurture entrepreneurial Academics and
Researchers
Launch : 21 April 2013To strengthen the implementation
of EE in Malaysian Higher
Education
To ensure the success of
Entrepreneurship Development Policy for IHLs
OBJECTIVES
STRATEGIC PLAN ON ENTREPRENEURSHIP DEVELOPMENT IN HIGHER EDUCATION
MAIN INITIATIVES
Entrepreneurship Inculturation
Programme
Structured Entrepreneuria
l Empowerment
Programme
Strategic Collaboration with industry
and entrepreneurs
Training of Trainers
Programme
Development of ‘Fully Integrated
Student Entrepreneurial
Mapping and Entrepreneurial
Knowledge Management System’
Social Entrepreneurship
Programme
Small Medium Enterprise
Development Academy (SMEDA)
Ministry of Education
Entrepreneurial Awards
(MEA)
Credited Co-Curriculum Activities
Increase awareness
on the importance
of EE
Increase involvement
and participatio
n of students in entrepreneu
rship program
and activities
Enhance student’s
readiness to venture into entrepreneu
rship as a career option
Positive Outcomes of The Policy
Issues & Challenges
Competency of
academics
Lack of strategic
collaboration between
academia-industry
Inhibitive policies &
regulations
Lack of concise guides
for teaching and embedding of
entrepreneurship across
curriculum
Entrepreneurship has yet to be considered as
career of choice
Slow adoption and diffusion of EE in some
IHLs
HARNESSING ENTREPRENEU
RIAL GRADUATES
Happy citizensSelf employed
Employed Business Entreprene
urs
KEY STRATEGY KEY PERFORMANCE INDICATORS
Increase graduate
employability
Increase number of graduate entrepren
eurs
KEY OBJECTIVES Enhancing entrepreneurial personal
capacity of graduates Making entrepreneurship central to
the way education operates
Social Entreprene
urs
Way Forward
Generic Student
Attributes
Conclusion1. Malaysia believes that
entrepreneurship and innovation are the catalysts of growth
2. Provision of supportive ecosystem is a crucial factor
3. Not everyone needs to become an entrepreneur, but all members of society need to be more entrepreneurial!
4. EE has become a policy and critical agenda in Malaysian higher education
THANK YOU
TERIMA KASIH
DIOLCH