Landscape study of inclusive business in Malaysia

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dc.coverage.spatialMALAYSIAen_US
dc.creatorUN.ESCAPen_US
dc.creatorDeutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)en_US
dc.creatorInclusive Business Action Network (iBAN)en_US
dc.creatorEuropean Union (EU)en_US
dc.creatorMalaysia. Ministry of Entrepreneur Development and Cooperativesen_US
dc.date.accessioned2022-10-11T07:32:50Z
dc.date.available2022-10-11T07:32:50Z
dc.date.escap2022-10-10
dc.date.issued2021
dc.description.abstract<p>Malaysia is in the process of developing its new 5-year national development plan, the 12th Malaysia Plan 2021-2025 (RMKe-12), which seeks to promote shared prosperity. The Government, through the National Entrepreneurship Policy 2030 (Dasar Keusahawanan Nasional, DKN 2030) has also outlined support measures for SMEs to become more innovative and resilient. In addition, the government is also seeking to use public spending efficiently. Inclusive Business (IB) can support these strategic objectives by creating better shared prosperity and an entrepreneurship culture that is more financially sustainable, innovative and dynamic, as well as more inclusive for the bottom 40 per cent income groups (B40).</p> <p>Inclusive business (IB) are innovative business models that provide solutions to the needs of the B40 at scale. IBs have four key common features: (1) they are commercially viable, bankable and for-profit business models; (2) provide systemic solutions for the relevant problems of the poor and low-income people; (3) have scale in business operation, growth and social impact; and (4) are innovative. Inclusive businesses are different from social enterprises and corporate social responsibility (CSR), which are also other forms for the private sector to support social outcomes. Existing mainstream business, social enterprises and CSR initiatives can be transformed to develop into inclusive business models.</p> <p>Since 2017, when ASEAN leaders called for greater emphasis on creating an enabling environment for inclusive businesses, various governments in the region (including Cambodia, Indonesia, Myanmar, the Philippines, and Viet Nam) have embarked on promoting IB, and an increasing number of companies &ndash; supported by impact investors &ndash; have established IB models.</p> <p>In this context, the government of Malaysia has requested the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Inclusive Business Action Network (iBAN) to conduct this study to explore the relevance of inclusive business for Malaysia, analyse the status of inclusive businesses in Malaysia and assess the environment in which they operate, in order to provide recommendations, where relevant, for promoting inclusive businesses.</p> <p>The landscape study notes that even if Malaysia is a high middle-income country and its government actively supports the B40 through a wide range of programmes, there are still unmet needs, market opportunities, and companies who want to serve the B40 market.</p>en_US
dc.format.extentXIII, 77 p.en_US
dc.format.mimetypeapplication/pdfen_US
dc.identifier.urihttps://hdl.handle.net/20.500.12870/5018
dc.language.isoengen_US
dc.publisherUnited Nationsen_US
dc.rightsThis publication may be reproduced in whole or in part for educational or non-profit purposes without special permission from the copyright holder, provided that the source is acknowledged. The ESCAP Publications Office would appreciate receiving a copy of any publication that uses this publication as a source.
dc.rightsUse may not be made of this publication for resale or any other commercial purpose whatsoever without prior permission. Applications for such permission, with a statement of the purpose and extent of reproduction, should be addressed to the Secretary of the Publications Board, United Nations, New York.
dc.rights.holderUnited Nationsen_US
dc.subjectInclusive businessen_US
dc.subject.unbistBUSINESSen_US
dc.subject.unbistBUSINESS ENTERPRISESen_US
dc.subject.unbistINVESMENTSen_US
dc.subject.unbistTRADE FACILITATIONen_US
dc.subject.unbistSMALL AND MEDIUM ENTERPRISESen_US
dc.titleLandscape study of inclusive business in Malaysiaen_US
dc.typeTexten_US
escap.areasOfWorkInnovation, Enterprise and Investmenten_US
escap.bibLevelMonographen_US
escap.contactEmailescap-tiid@un.orgen_US
escap.contactPhone66 2 288-1234en_US
escap.contactUnitTrade, Investment and Innovation Divisionen_US
escap.doctypeReporten_US
escap.programmeOfWorkTrade, Investment & Innovationen_US
escap.publisherPlaceBangkoken_US
escap.unDocSymbolST/ESCAP/2947en_US
escap.unSDG1. No Povertyen_US
escap.unSDG8. Decent Work and Economic Growthen_US
escap.unSDG9. Industry, Innovation and Infrastructureen_US
escap.unSDG10. Reduced Inequalitiesen_US
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