The influence of new economic model on intention to work abroad: an empirical study to address brain drain issue in Malaysia
2018
Norhayati Shariff | Jayaraman Krishnaswamy | Dahlan Abdullah | Ang, Woon Chau
Although Malaysia is developing at a faster rate, it faces to some extent the problem of brain drain. Since independence in 1957, more than two million people have emigrated. In 2016, Malaysia’s brain drain issue has reached critical stage. In the present study, the Malaysia’s New Economic Model is used to address the brain drain issue. The purpose of the present study is to explore the factors influencing Malaysian intellectuals’ intention to work abroad that contributes to brain drain issue in Malaysia. A sample of 105 usable survey questionnaires were analysed using partial least square approach via Smart PLS 3.0. The study reveals a significant positive relationship between higher expectations, perceived opportunities and lack of security on the intention of Malaysian intellectuals to settle in abroad for work. Interestingly, the New Economic Model makes Malaysian intellectuals to remain in the country for work due to better prospects for business environment, scope for higher income and economic sustainability.
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