An Integrated Entrepreneurial Readiness Framework for Sustainable Enterprise Development in Malaysia: Evidence from a Scoping Review and Exploratory Survey
Md Rosli Ismail , Nazruzila Razniza Mohd Nadzri , Santhi Govindan , Shahril Effendi Ibrahim
Open University Malaysia, Menara OUM, Blok C, Kompleks Kelana Centre Point, Jalan SS7/19, Kelana Jaya, 47301 Petaling Jaya, Selangor, Malaysia
DOI: https://doi.org/10.35609/gcbssproceeding.2026.1(99)
Entrepreneurship plays a significant role in economic growth, innovation, and enterprise sustainability. This study develops an Integrated Entrepreneurial Readiness Framework (IERF) for sustainable enterprise development in Malaysia by integrating evidence from a scoping review and an exploratory survey. A two-phase framework development approach was adopted. The scoping review identified recurring determinants of entrepreneurial readiness, followed by an exploratory survey of 153 Malaysian enterprise leaders to provide preliminary empirical support. Descriptive statistics and reliability analysis were used to analyse the survey data. The findings identified four core dimensions of entrepreneurial readiness: financial literacy, stakeholder support, market access, and government support. Participants reported consistently high readiness across these dimensions, with financial literacy and market access recording the highest mean scores. The combined evidence supports the proposed IERF, which conceptualises entrepreneurial readiness as a multidimensional construct encompassing financial, social, market, and institutional readiness. The framework provides a practical reference for policymakers, entrepreneurship development agencies, and entrepreneurs in strengthening enterprise sustainability and resilience.
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Keywords: Entrepreneurial readiness, entrepreneurial ecosystem, financial literacy, stakeholder support, market access, government support.
