More than 40% of new jobs are created by EOY alumni

Research has shown that 49 EOYs 2013 have created 40 per cent new jobs in the past three years.

With the uncertainty of the global economy, Ernst & Young sees the importance of entrepreneurs in creating jobs and boosting the economy.

78 per cent of the 200 entreprenuers who partcipated in the study said they will increase the number of jobs this year.

Watch reporter Rizal Zulkapli's exclusive interview from WEOY in Monaco.