Handbook of Research on Asian Entrepreneurship

Handbook of Research on Asian Entrepreneurship

Research Handbooks in Business and Management series

Edited by Léo-Paul Dana, Mary Han, Vanessa Ratten and Isabell M. Welpe

Asia is highly regarded as one of the fastest growing regions in the world, and this unique Handbook focuses on the internationalization process and entrepreneurial dynamics of small business within the continent. Using a clear and consistent style, the Handbook examines more than 40 countries in Asia and allows researchers to compare the environment for entrepreneurship, the internationalization of entrepreneurs and the state of small business in different Asian countries. The chapters are authored by well-known scholars who provide insight into how government policies have affected the internationalization of small firms in Asia.

Chapter 7: Brunei

Stephen W. Litvin

Subjects: asian studies, asian business, business and management, asia business, entrepreneurship, international business


Stephen W. Litvin Introduction Brunei Darussalam, generally referred to as Brunei, is located 4 degrees north of the Equator, snuggled within the confines of the Malaysian state of Sarawak on the northern shore of the island of Borneo. The nation, a remnant of the British Empire, is a small petroleum-rich Malay-Islamic-Monarchy. At 5765 km2, Brunei is virtually the same size as Canada’s smallest province, Prince Edward Island, and just smaller than USA’s state of Delaware. Interestingly, the Brunei government owns a cattle ranch in Australia considerably larger than the entire nation itself (United States Department of State, 2008)! In 1963, the British territories on the Malaysian peninsula, including Singapore, as well as the British North Borneo territories of Sabah, Sarawak, and Brunei were offered independence – and the nation of Malaysia was born. The lone abstainer from the new federation was the Sultanate of Brunei. (Singapore joined, but was expelled two years later and became an independent state.) Brunei’s royal family opted not to join due to concern that its vast oil reserves would be nationalized by the new Malaysian government. Following this decision to pursue its independence, Brunei held initial elections. However, when the winner was a socialist party running on an anti-Malaysia and antiBritish platform, the Sultan invalidated the results and the nation remained a British protectorate until 1984, when formal independence was finally obtained. Brunei is still ruled by the royal family, with the current Sultan the twenty-ninth in his family line. Today, Brunei’s population approximates 380 000,...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information