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All Journal International Journal of Islamic Business and Management Review
Wijaya, Reni Wijaya
Unknown Affiliation
Arts Economics, Econometrics & Finance Social Sciences

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The Influence of Risk-Taking and Self-Confidence on MSME Performance Wijaya, Reni Wijaya; Darsih, Darsih; Yadewani, Dorris; wati, Henny
International Journal of Islamic Business and Management Review Vol. 5 No. 2 (2025)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/ijibmr.v5i2.1665

Abstract

This study examines the influence of risk-taking and self-efficacy on the performance of MSMEs in Padang using a descriptive quantitative method and an ex post facto approach. Data was collected thru an online survey of 60 MSME actors using a standardized questionnaire. Data were analyzed using SPSS version 26 to test the relationship between variables. The results show that risk-taking and self- efficacy significantly influence MSME performance, assisting entrepreneurs in decision-making, strengthening competitiveness, and capitalizing on business opportunities. These findings indicate that psychological and sociocultural aspects play a significant role in the success of MSMEs. This research expands understanding of internal factors influencing the performance of small and medium-sized enterprises and provides recommendations for developing psychological-based training programs to promote MSME growth
Co-Authors Darsih, Darsih Dorris Yadewani Wati, Henny