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All Journal Journal of Research on Business and Tourism Jurnal Signal Journal of Management Analytical and Solution Journal Of Management Analytical and Solution (JoMAS)
Ikhsan, Nurzaki
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Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science Social Sciences

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Impact of COVID-19 in Malaysia Economy from Perspectives of Demand, Supply and Games Theory Nawi, Abdol Samad; Mat, Mustafa Kamal; Ikhsan, Nurzaki; Zulkarnain, Siti Hafsah
Journal Of Management Analytical and Solution (JoMAS) Vol. 3 No. 1 (2023): Journal Of Management Analytical and Solution
Publisher : TALENTA Publisher, Universitas Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32734/jomas.v3i1.10592

Abstract

The COVID-19 also known as coronavirus pandemic, is an ongoing pandemic caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2).  As latest update, 13th December 2022, 650 million cases have been reported worldwide, with nearly 6.65 million deaths recorded so far. It is expected the cases will be increased in the future. With pandemic COVID-19 still ongoing, the cases keep increasing, it has affected economies globally, including Malaysia. In Malaysia, from microeconomics perspective, COVID-19 has led to a surge in demand for healthcare particularly face masks. Tremendous demand for face masks leads to government-imposed price control, which government enforced price ceiling for face masks. Furthermore, panic buying in Malaysia is led to disruption in demand and supply distribution systems. This kind of behaviour related to game of theory in microeconomics point of view that indirectly contribute to disruption in demand and supply, which leads to bullwhip effect in Malaysia.
Impact of COVID-19 in Malaysia Economy from Perspectives of Demand, Supply and Games Theory Nawi, Abdol Samad; Mat, Mustafa Kamal; Ikhsan, Nurzaki; Zulkarnain, Siti Hafsah
Journal Of Management Analytical and Solution (JoMAS) Vol. 3 No. 1 (2023): Journal Of Management Analytical and Solution
Publisher : TALENTA Publisher, Universitas Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32734/jomas.v3i1.10592

Abstract

The COVID-19 also known as coronavirus pandemic, is an ongoing pandemic caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2).  As latest update, 13th December 2022, 650 million cases have been reported worldwide, with nearly 6.65 million deaths recorded so far. It is expected the cases will be increased in the future. With pandemic COVID-19 still ongoing, the cases keep increasing, it has affected economies globally, including Malaysia. In Malaysia, from microeconomics perspective, COVID-19 has led to a surge in demand for healthcare particularly face masks. Tremendous demand for face masks leads to government-imposed price control, which government enforced price ceiling for face masks. Furthermore, panic buying in Malaysia is led to disruption in demand and supply distribution systems. This kind of behaviour related to game of theory in microeconomics point of view that indirectly contribute to disruption in demand and supply, which leads to bullwhip effect in Malaysia.
A Trend Analysis of Business Funding Patterns and Sources Among Student Entrepreneurs at the Institute of Higher Learning Level : Implications for Entrepreneurship Education and Support Programs Ikhsan, Nurzaki; MOHD ALIAS, MOHD AZUAN; NIK ROSELEY, NIK ROSELINA; HASAN, ZAKIYAH
Journal of Research on Business and Tourism Vol. 3 No. 2 (2023): Journal of Research on Business and Tourism
Publisher : Lembaga Penelitian Publikasi dan Pengabdian Masyarakat LSPR

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37535/104003220231

Abstract

Business funding plays a pivotal role in facilitating entrepreneurial ventures, enabling them to initiate or expand their businesses effectively. Diverse funding sources, such as personal savings, venture capital, business angels, business loans, and government assistance, have been recognized as crucial means of financial support. However, for student entrepreneurs currently pursuing higher education, the suitability of these funding options is subject to several complexities. The inexperience in commencing a business, the commitment to academic pursuits, and adherence to specific student policies and eligibility criteria necessitate a more tailored analysis. Therefore, this paper delves into a trend analysis of business funding exclusively among student entrepreneurs. Drawing on data sourced from the esteemed Malaysian Academy of SME & Entrepreneurship Development (MASMED), at Universiti Teknologi MARA (UiTM), Malaysia, this study investigates business funding sources, business funds secured, business categories, and the level of student involvement over multiple years. This empirical examination and subsequent discussion provide invaluable insights into discerning patterns and shifts in student entrepreneurial business funding strategies. By scrutinizing these trends, a prediction students' decisions to venture into entrepreneurship, particularly with regards to securing adequate business funding can be developed. Furthermore, this study's findings pave the way for more comprehensive investigations, guiding potential policy enforcements in both governmental and private sectors pertaining to business funding. Ultimately, the elucidation of these trends contributes to fostering an ecosystem conducive to the growth and sustenance of student-led enterprises, unlocking new avenues for economic and societal development.
THE LACK OF INTEREST IN LOAN ACQUISITION AMONG UNIVERSITY STUDENT ENTREPRENEURS Alias, Mohd Azuan Mohd; Hasan, Zakiyah; Nik Roseley, Nik Roselina; Ikhsan, Nurzaki
JURNAL SIGNAL Vol 12 No 1 (2024): JURNAL SIGNAL
Publisher : Universitas Swadaya Gunung Jati

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The critical role of entrepreneurship in stimulating innovation and fostering economic growth is well-recognized in academic and policy circles. Specifically, university student entrepreneurs represent a dynamic demographic that contributes to this financial and innovative drive. Student entrepreneurs often face considerable challenges in starting and growing their businesses despite their potential. One of the key obstacles is the procurement of necessary capital to fund their entrepreneurial ventures. While many financial institutions offer a variety of loan schemes specifically designed to facilitate entrepreneurship, there is a noticeable reluctance among student entrepreneurs to take advantage of these financial products. Few studies have investigated the reasons for and consequences of this hesitation towards these financing mechanisms within academic institutions. This paper proposes a conceptual research framework related to the issue of lack of interest in loan acquisition among student entrepreneurs, a complex problem with potential long-term implications. The framework situates acquiring and using information within several contextual factors. By investigating the factors behind this lack of interest, this study aims to understand better student entrepreneurs’ financial behaviours, which could inform the design of financial products and support measures that cater to their specific needs. This research has the potential to significantly impact the strategies of financial institutions, policymakers, and university entrepreneurship programs, ultimately fostering the growth of student entrepreneurship. Keywords: Factors, Lack of Interest, Role of Loan, Loan Acquisition, Student Entrepreneurs
Co-Authors Alias, Mohd Azuan Mohd Hasan, Zakiyah Mat, Mustafa Kamal MOHD ALIAS, MOHD AZUAN Nawi, Abdol Samad NIK ROSELEY, NIK ROSELINA ZULKARNAIN, SITI HAFSAH