Sustainable growth of women owned technoprises in Malaysia

Abstract

This study is generated in pursuit of emerging global need to optimize economic growth through women technopreneurship development. The direct effect of psychological capital and indirect effect through innovative capability was envisaged for assessment of sustainable growth of women-owned technoprises in Malaysia. For survey, convenience sampling technique was employed to collect data from 150 women owned technoprises (SMEs) in Johor Bahru. Findings from hierarchical multiple regression analysis showed positive and significant relationship of risk propensity and internal locus of control with innovation capability and sustainable growth. However, paradoxical results regarding women entrepreneurs' need for achievement and self-efficacy were established. Nevertheless, no mediating role of innovative capability was found. Policy implications and future research re-commendations are also discussed. © 2014 Maxwell Scientific Organization.