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Fdi and Sustainability of Malaysia Technology-Based Firms

In: Business and Management

Submitted By umarhaiyat
Words 8065
Pages 33
Track 5: FDI Location, Clusters and Spillovers
Workshop Paper

Foreign Investment and the Sustainability of Malaysian Bumiputera (Indigenous)
Technology-Based Firms

Umar Haiyat Abdul Kohar
School of Management, RMIT University, Melbourne, Australia
Email: umarhaiyat.abdulkohar@rmit.edu.au

Associate Professor Adela McMurray
School of Management, RMIT University, Melbourne, Australia
Email: adela.mcmurray@rmit.edu.au

Dr. Konrad Peszynski
School of Business Information Technology, RMIT University, Melbourne, Australia
Email: konrad.peszynski@rmit.edu.au

1

Foreign Investment and the Sustainability of Malaysian Bumiputera Technology-Based Firms

ABSTRACT
In the new global economy, the importance of inward foreign investment towards a country’s economic growth has become a central issue, especially amongst developing countries. Nevertheless, there is a paucity of literature addressing the implications of foreign investment towards the sustainability of business amongst
Malaysian Bumiputera (Indigenous) new technology-based firms (NTBFs). Utilizing Weick’s (1989) conceptual theory building approach, this study provides a foundation for conceptualizing the implications of foreign investment in Malaysian Bumiputera new technology-based firms. Through systematic documentary analysis of the development of foreign investment activities in Malaysia prior to independence (1957) until 2009, our consolidated findings yield a conceptual model showing the implications of foreign investment to the sustainability of Malaysian Bumiputera NTBSFs, and thus contribute to the existing inward foreign investment literature and to the understanding of the evolution of Bumiputera NTBFs.

INTRODUCTION
In the new global economy, the importance of inward foreign investment towards a country’s economic growth has become a central issue, especially amongst…...

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