Do Malaysia and Pakistan are suitable for a comparative study of SMEs: an intellectual capital perspective?

• Main Author: Muhd Sadique, M. K.
• Format: E-Article
• Language: English
• Published: Interdisciplinary Journal of Contemporary Research 2011
• Subjects: HB Economic Theory; HG Finance
• Online Access: http://ir.unimas.my/id/eprint/1276/1/Do%20malaysia%20and%20pakistan.pdf; http://ir.unimas.my/id/eprint/1276/

Intellectual capital appears as the most important and vital component of a knowledge-based economy. Present economy is known as a knowledge-based economy where, knowledge, information and soft assets have more importance rather than the physical assets. The role and importance of SMEs in a knowledge-based economy has been highly appreciated and acknowledged. Moreover, in the present economy, SMEs are facing tremendous challenges and threats to survive in a competitive environment. In a competitive environment the hightech SMEs need to upgrade their intellectual capital including knowledge, database, technological advancement and innovation in order to stay in a competitive environment. Therefore, SMEs need to focus on the exploitation and application of their intellectual capital.