Hameed, Waseem Ul and Hussain, Tanveer and Azeem, Muhammad and Basheer, Muhammad Farhan and Arif, Muhammad (2017) A Combination of Micro-Credit and Micro-Training with mediating role of Formal Education: A Micro-Enterprise Success Formula. In: 2nd International Research Conference on Economics Business and Social Sciences, 11-12 July 2017, Park Royal Hotel Penang Malaysia.

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Abstract

This study aims at giving an overview of the emerging research field of microfinance in a phase that is still very fluid in micro-enterprises. The ultimate objective of this study is to develop a distinctive formula (framework) for micro-enterprise success.As the success of micro-enterprise is under debate from many decades, but the researchers and entrepreneurs are unable to find the unique factor to develop a comprehensive framework. Previous research studies on relationship of different success factors and small business success are missing by comprehensive framework.It is important to identify the measure of success which is still undefined. Four hypotheses are proposed concerning the relationship of micro-enterprise success and microfinance factors (i.e., micro-credit, micro-training) with mediating role of formal education. These hypotheses predicting a positive relationship between micro-enterprise success and microfinance factors. However, among all other microfinance factors (i.e., micro-saving, micro-insurance, social capital), micro-credit and micro-training has relatively higher effect on microenterprise performance followed by level of education. Hence, this study contributing in the body of knowledge by developing a micro-enterprise success formula for researchers and entrepreneurs, which ultimately improve the performance of microenterprises.

Item Type:	Conference or Workshop Item (Paper)
Additional Information:	ISSN-2523-1537 Cover and Layout: Sobia Nasir, Center for Sustainability Research and Consultancy Distributed by: School of Economics, Bahauddin Zakariya University Multan Pakistan (www.bzu.edu.pk) Center for Sustainability Research and Consultancy (www.globalcsrc.org) School of Economics Finance and Banking, Universiti Utara Malaysia (www.sefb.uum.edu.my)
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:	School of Business Management
Depositing User:	Mrs. Norazmilah Yaakub
Date Deposited:	03 Oct 2018 00:19
Last Modified:	03 Oct 2018 00:19
URI:	https://repo.uum.edu.my/id/eprint/24875

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