{"title":"Prosumerism and Post Covid-19 Malaysia Economic Recovery","authors":"Nasuha Mohamed Ridza, M. Wahiddin","doi":"10.2991/aebmr.k.210717.004","DOIUrl":null,"url":null,"abstract":"COVID-19 pandemic had greatly affect many businesses and individuals in Malaysia. Therefore, this paper explores the possibility of applying the concept of prosumerism to help the economic growth of Malaysia post COVID-19. A prosumer is someone who consumes and at the same time produces goods or services. In this high-tech era, almost everything is at our fingertips and can be done from the comfort of our homes. Technology and the flexibility to work anywhere, are the essences of prosumerism which also correspond to the new normal of staying safe at home post COVID-19. Additionally, prosumerism promotes altruism which can be translated into learn more, produce more, share more in a society. Prosumerism promotes innovation, creativity and cooperation amongst economic agents which enable society to solve problems especially ones that are related to economic growth, in a cost-effective way. Keywords—prosumerism, knowledge sharing, cooperation,","PeriodicalId":433214,"journal":{"name":"Proceedings of 2nd Annual Management, Business and Economic Conference (AMBEC 2020)","volume":"9 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2021-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of 2nd Annual Management, Business and Economic Conference (AMBEC 2020)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2991/aebmr.k.210717.004","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 3
Abstract
COVID-19 pandemic had greatly affect many businesses and individuals in Malaysia. Therefore, this paper explores the possibility of applying the concept of prosumerism to help the economic growth of Malaysia post COVID-19. A prosumer is someone who consumes and at the same time produces goods or services. In this high-tech era, almost everything is at our fingertips and can be done from the comfort of our homes. Technology and the flexibility to work anywhere, are the essences of prosumerism which also correspond to the new normal of staying safe at home post COVID-19. Additionally, prosumerism promotes altruism which can be translated into learn more, produce more, share more in a society. Prosumerism promotes innovation, creativity and cooperation amongst economic agents which enable society to solve problems especially ones that are related to economic growth, in a cost-effective way. Keywords—prosumerism, knowledge sharing, cooperation,
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