Notice of RetractionWomen-owned SMEs in Malaysia: Problems and challenges

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Many studies have shown the significance of women-owned businesses which have contributed to the growth of the global and local economy. This growth has been increasingly felt over the past decade. Today, women in market economies own more than 25 percent of all businesses and women-owned businesses in Africa, Asia, Eastern Europe and Latin America are growing rapidly. In the globalization era, although women who own businesses are growing rapidly, they are still facing some problems and challenges. This study aims to examine the business profile of women-owned SMEs and identify the problems and challenges faced. Samples of 110 from 125 women owned-businesses in SME sectors was selected non randomly using convenience sampling technique and answered questionnaire of problems and challenges of women-owned SMEs in Malaysia. By using Statistical Package for Social Science (SPSS) 16.0, this study examined the demography of women-owned SMEs, problems and challenges in four SME sectors which are manufacturing, servicing, retailing and general business. From the analys- s, the results showed most of women involved in business have family business backgrounds, experiences in business and their level of education are SPM level. The main problems faced by women owned-SMEs were the competitiveness, worker´s problems and lack of capital sources. The main internal challenge faced by women-owned SMEs is persistence and patience to achieve goal while the main external challenge faced by women owned-SMEs is market price.