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indicating that entrepreneurial orientation is a
mediator intellectual capital (human capital, social
capital and organizational capital) and women
owned SME performance.
5 CONCLUSIONS
The purpose of this study was to determine the
relationship between entrepreneurial orientation
mediate intellectual capitals towards women owned
SME performance. In conjunction with Malaysia to
empower SMEs among Malaysian, the result of this
research is beneficial to several bodies such as the
SMEs, business owners, the Malaysian government,
as well as all the agencies involved in Malaysia
SMEs entrepreneurial activities such providing best
approaches for women owned entrepreneur to
compete in competitive business environment.
Training to improve the intellectual capital among
these groups may be one of the approach for that
reason. On top of that, the result of this research
shows that the government to encourage
entrepreneurship among women as it would
contribute to the nation economic growth.
The three constructs that make up intellectual
capital (human capital, social capital and
organizational capital) are identified to influence
each other. The finding of this study confirm that
significant relationship exists between intellectual
capital comprised of human capital, social capital
and organizational capital and women owned SME
performance. These findings also highlight the
importance of increasing intellectual capital among
the owner/managers of SMEs especially women
owned company. Consequently, SMEs need to
nurturing entrepreneurship based on human capital,
social capital and organizational capital to enable
them to survive and for the growth of the company
as well as contribute to women Malaysian economic
growth. This study also indicates that entrepreneurial
orientation also may enhance women owned SME
performance. Particularly, focusing intellectual
capital and entrepreneurial orientation (focusing on
innovative, proactive and risk taking) as a mediator
in the women owned SMEs is vital as it employs a
significant influence on women owned SME
performance for human capital and organizational
capital. As a result, these finding indicate that it may
be helpful for women in Malaysia who are the
owner/manager of SMEs in order to place concern
more on intellectual capital and entrepreneurial
orientation in achieving their above average
performance.
However, this study has several limitations that
need to be addressed by future research. The
limitation could be mitigated given to this prior
study to compare the approaches to women owned
SMEs form other regions and the results could be
generalized to all women owned SMEs in Malaysia.
ACKNOWLEDGEMENTS
We would like to thank to Universiti Teknologi
MARA (UiTM) for funding this project under the
Research University Grant (RMC) 600-
IRMI/PBT5/3(0016/2016).
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