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ENTREPRENEURSHIP IN MALAYSIAN HIGHER EDUCATION : POLICY, CHALLENGES AND WAY FORWARD

ENTREPRENEURSHIP IN MALAYSIAN HIGHER EDUCATION : POLICY, CHALLENGES AND WAY FORWARD. SYAHIRA HAMIDON Ministry of Education, Malaysia Syahira.hamidon@moe.gov.my. Where Malaysia Wants To Be?. Quality Life. Characterics of Malaysia’s Economy in 2020. Entrepreneurial.

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ENTREPRENEURSHIP IN MALAYSIAN HIGHER EDUCATION : POLICY, CHALLENGES AND WAY FORWARD

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  1. ENTREPRENEURSHIP IN MALAYSIAN HIGHER EDUCATION : POLICY, CHALLENGES AND WAY FORWARD SYAHIRA HAMIDON Ministry of Education, Malaysia Syahira.hamidon@moe.gov.my

  2. Where Malaysia Wants To Be? Quality Life Characterics of Malaysia’s Economy in 2020 Entrepreneurial

  3. Initiatives To Promote Entrepreneurship

  4. Emphasis on Education and Training • A large sum of Malaysian budget has consistently been for education and training (about 21%) MINISTRY OF EDUCATION MALAYSIA (MOE) Accountable to provide the country with quality and competitive human capital

  5. Entrepreneurship in Education • Nurture entrepreneurial Academics and Researchers • Increase the number of Graduate Entrepreneurs • Produce graduates with entrepreneurial mindset and capabilities • To strengthen the implementation of EE in Malaysian Higher Education • To ensure the success of Entrepreneurship Development Policy for IHLs ENTREPRENEURSHIP DEVELOPMENT POLICY FOR INSTITUTIONS OF HIGHER LEARNING Launch : 13 April 2010 To promote and strengthen entrepreneurship development in a more organized and holistic manner among local institutions of Higher Learning (IHL) 3 MAIN OBJECTIVES STRATEGIC PLAN ON ENTREPRENEURSHIP DEVELOPMENT IN HIGHER EDUCATION Launch : 21 April 2013 OBJECTIVES

  6. Positive Outcomes of The Policy • Structured Entrepreneurial Empowerment Programme • Entrepreneurship InculturationProgramme • Ministry of Education Entrepreneurial Awards (MEA) • Social Entrepreneurship Programme MAIN INITIATIVES • Small Medium Enterprise Development Academy (SMEDA) • Credited Co-Curriculum Activities • Strategic Collaboration with industry and entrepreneurs • Development of ‘Fully Integrated Student Entrepreneurial Mapping and Entrepreneurial Knowledge Management System’ • Training of Trainers Programme

  7. Issues & Challenges • Slow adoption and diffusion of EE in some IHLs • Competency of academics • Inhibitive policies & regulations • Lack of • concise guides for teachingand embedding of entrepreneurship across curriculum • Lack of strategic collaboration between academia-industry • Entrepreneurship has yet to be consideredas career of choice

  8. Way Forward • KEY OBJECTIVES • Enhancing entrepreneurial personal capacity of graduates • Making entrepreneurship central to the way education operates • HARNESSING ENTREPRENEURIAL GRADUATES Social Entrepreneurs • KEY STRATEGY • KEY PERFORMANCE • INDICATORS Business Entrepreneurs Self employed Employed Happy citizens Increase graduate employability Increase number of graduate entrepreneurs Generic Student Attributes

  9. Conclusion Malaysia believes that entrepreneurship and innovation are the catalysts of growth Provision of supportive ecosystem is a crucial factor Not everyone needs to become an entrepreneur, but all members of society need to be more entrepreneurial! EE has become a policy and critical agenda in Malaysian higher education

  10. THANK YOU TERIMA KASIH DIOLCH

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