Law students and entrepreneurship: A study on the relationship between involvement in entrepreneurship programs and interest to be entrepreneurs with special reference to IIUM
In Malaysia, the Government has been supportive in inculcating entrepreneurships skills at the higher learning institutions through policies such as training providers, funding, infrastructure and facilities to encourage students to start their own businesses (Mohd Zahari Ismail, 2006). Such suppo...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
INSI Publications
2012
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/28955/1/Law_Students_and_Entrepreneurship.pdf http://irep.iium.edu.my/28955/ http://www.ajbasweb.com/ajbas/2012/Special%20oct/252-257.pdf |
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| Summary: | In Malaysia, the Government has been supportive in inculcating entrepreneurships skills at
the higher learning institutions through policies such as training providers, funding, infrastructure and
facilities to encourage students to start their own businesses (Mohd Zahari Ismail, 2006). Such support
is seen as one of the effort to transform the country’s economy into a knowledge-based economy
whereby entrepreneurship has been identified as one of the key elements to the development of the
economy. It has been contended that in developing successful entrepreneurs, an early exposure in
entrepreneurial courses is essential (Mansor and Othman, 2011). Law graduates in Malaysia are open
to join either be the judiciary, government agencies, corporate and banking sectors or private practice.
In most circumstances, law graduates will be attached to private firms and this eventually will lead to
most of them opening their own legal firm. This means lawyers could not avoid standard business
practices such as preparing cash flow report, business and succession plan and audit report. There are
also many lawyers who end up in business, such as construction and trading companies. As such, law
graduates are potential entrepreneurs. This paper intends to discuss the relationship between
involvement in entrepreneurship programs and the interest of law undergraduates to become
entrepreneurs when they graduated from the University. The study is based upon a survey conducted
on law undergraduates of Ahmad Ibrahim Kulliyah of Laws, International Islamic University Malaysia
(IIUM). A quantitative research methodology is adopted in this study. |
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