Terengganu fishery-based industries: the influence of social entrepreneurship on the social change in small malay businesses

• Main Authors: Wan Abd Aziz, Wan Mohd Amin, Muhd. Abi Sofian, Abdul Halim, Mohd Shaladdin, Muda
• Format: Article
• Language: English
• Published: 2016
• Subjects: HF Commerce
• Online Access: http://eprints.unisza.edu.my/5510/1/FH02-FSSG-15-03789.pdf; http://eprints.unisza.edu.my/5510/
• Institution: Universiti Sultan Zainal Abidin

The aims of this study were to analyze the influence of social entrepreneurship (e.g., agents of change, seizing opportunities, innovations and inventing new approach) on the social change of small Malay businesses in the Terengganu fishery-based industries. A survey questionnaire was employed as the data collection tool. A total of 96 questionnaires were received from small Malay businesses in fishery-based products which operate in eight locations in Terengganu (Kuala Besut, Setiu, Batu Rakit, Seberang Takir, Losong, Chendering, Seberang Marang and Kuala Kemaman). The results of multiple regression analysis indicate that the factors of seizing opportunities, innovations and inventing a new approach to social entrepreneurship are significantly associated with social change. Meanwhile, only the factor for social change is significantly associated with small business performance. The path-model shows that the factor for social change is significant as an intermediary variable with an indirect effect for social entrepreneurship on small business performance. In general, these findings provide evidence that social change is crucial in the Terengganu fishery industry to develop social entrepreneurship in small Malay businesses.