Abstract
Examining the effectiveness of micro-enterprise development programs in Malaysia
Highlights
The informal sector is considered to be a significant element of the economy, especially in the developing parts of the world
Micro-enterprise development programs in Malaysia are focused on improving the socio-economic condition of low and middle-income households by encouraging entrepreneurial activities
The findings of this research suggest that participation in development programs leads to improvement in the area of access to supportive environments and competitive advantage
Summary
The informal sector is considered to be a significant element of the economy, especially in the developing parts of the world. It is known as unregistered and/or non-officially recorded activities by law (Mapp & Moore, 2015). Activities of individuals engaged in the informal sectors should not always be classified as illegal. This is because it is their choice not to formalize their business (Mapp & Moore, 2015). It is still important to monitor and consider the informal economy and its activities, as it creates employment and contributes to the economy, especially in developing countries
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