Malay Women Entrepreneurs in the Small and Medium Sized ICT-Related Business: A Study on Need for Achievement

Abstract

Basically, entrepreneurship is a decisive factor in order for today’s economy of knowledge to attain its competitive and dynamic character. It is the driving force for the achievement of economic development and contributes to personal development. Specifically, psychological characteristics of entrepreneurs have received particular attention all over the world. Thus, research from the combination discipline of entrepreneur psychological has attempted to characterize important variables and one of variables called need of achievement. Not surprisingly, researchers have frequently asked questions about causal factors in successful entrepreneurs, with the familiar debate between the roles need of achievement and firms performances. Mainly, the purpose of this study is to investigate the relationship between need of achievement and entrepreneurial success among women entrepreneurs in Malaysia who involved in ICT-related business. This study was conducted among 150 women entrepreneurs in Malaysia that were listed in the websites of USAHANITA’s, PENIAGAWATI’s, WAWASANITA’s, and Wanita Niaga Dot Com. The finding obtained from this study indicated that there was a significant (2 tailed significant) positive correlation between variables need for achievement and entrepreneurial success. In addition, the results indicated that variable need for achievement contributes high influence to women entrepreneurial success and for this, suggestion were riseup to establish the high level of variables need for achievement.

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