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FINANCIAL LITERACY AND PERFORMANCE OF MICRO, SMALL AND MEDIUM ENTERPRISES: A LITERATURE REVIEW Musthafa, Imelfina; Handra, Hefrizal; Bachtiar, Nasri; Taifur, Werry Darta; Ariyanto, Edi
JOURNAL OF MANAGEMENT, ACCOUNTING, GENERAL FINANCE AND INTERNATIONAL ECONOMIC ISSUES Vol. 3 No. 1 (2023): DECEMBER
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/marginal.v3i1.956

Abstract

This research aims to examine various articles regarding the influence of financial literacy on the performance of MSMEs. The literature used in this research comes from indexed journal databases searching for the keywords "financial literacy" and "performance". This research found various factors involved in measuring the influence of financial literacy on MSME performance consists of: dimensions of financial literacy, namely: knowledge, attitudes and behavior; factors that influence financial literacy are age, gender, education, length of work and income; strategies to increase financial literacy through training; MSME performance are: financial and non-financial performance. The impact of financial literacy on MSME performance is influenced by many factors. This research provides input for policy makers to increase the level of financial literacy of MSME business actors so that MSME performance becomes better, competitive and has a competitive advantage.
THE INFLUENCE OF MICRO AND SMALL INDUSTRIES ON ECONOMIC GROWTH WEST SUMATRA PROVINCE Musthafa, Imelfina; Handra, Hefrizal; Yonnedi, Efa
JOURNAL OF MANAGEMENT, ACCOUNTING, GENERAL FINANCE AND INTERNATIONAL ECONOMIC ISSUES Vol. 3 No. 1 (2023): DECEMBER
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/marginal.v3i1.1003

Abstract

This research aims to determine the influence of the number of Micro and Small Industries (MSI), the number of MSI workers, and MSI income on the Regional Gross Domestic Product (RGDP) of West Sumatra Province. The analytical method used in this research is descriptive and quantitative analysis method. The sample for this research is the number of MSIs, number of MSI workers, MSI income and MSI RGDP from 2018 to 2020 which comes from the West Sumatra Province Central Statistics Agency consisting of 19 cities/regencies. The results of this research found that simultaneously there was a positive and significant influence of the number of MSIs, the number of MSI workers, and MSI income on the RGDP of West Sumatra Province. Government policy really needs to be implemented to create regulations that make it easier for MSI to grow and develop so that MSI has a large contribution to the RGDP of West Sumatra Province.
DEVELOPMENT OF THE RENDANG INDUSTRIAL INNOVATION SYSTEM IN PAYAKUMBUH CITY Musthafa, Imelfina; Tan, Firwan
JOURNAL OF MANAGEMENT, ACCOUNTING, GENERAL FINANCE AND INTERNATIONAL ECONOMIC ISSUES Vol. 3 No. 1 (2023): DECEMBER
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/marginal.v3i1.1051

Abstract

This research aims to examine efforts to develop an innovation system for the rendang industry in Payakumbuh City. The methodology used in this research is interviews with related parties regarding efforts to develop an innovation system for the rendang industry in Payakumbuh City. The results obtained are that there are various efforts to develop an innovation system for the rendang industry in Payakumbuh City, namely: the establishment of a rendang industrial center, rebranding of Payakumbuh City, the establishment of UPTD P3R, the establishment of the "IKOSERO" cooperative, the establishment of the School of Randang,collaboration and partnerships, technology implementation, marketing, HR training and development, as well as licensing and standardization. Government policy to provide support to the rendang industry in Payakumbuh is very necessary so that rendang in Payakumbuh City is able to have competitiveness in the national market and Payakumbuh rendang can enter the international market and become a food that is in demand by people throughout the world.
HUMAN CAPITAL AND PERFORMANCE OF MICRO, SMALL AND MEDIUM ENTERPRISES: A LITERATURE REVIEW Musthafa, Imelfina; Elfindri, Elfindri; Anas, Yulia; Ariyanto, Edi
CURRENT ADVANCED RESEARCH ON SHARIA FINANCE AND ECONOMIC WORLDWIDE Vol. 3 No. 2 (2024): JANUARY
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/cashflow.v3i2.1028

Abstract

This research aims to examine aspects of human capital that influence the performance of Micro, Small, and Medium Enterprises (MSMEs). Drawing on an extensive review of literature from indexed journal databases, the study focused on identifying key factors related to "human capital" and "MSME performance." The comprehensive exploration revealed a multifaceted relationship between human capital aspects and MSME performance, unveiling pivotal influencers. The identified aspects of human capital found to exert a substantial influence on MSME performance encompass a wide spectrum. These include skills and competencies, education and training, employee motivation and engagement, employee health and welfare, innovation and creativity, communication and collaboration, digital skills, work ethics and organizational values, entrepreneurship and sense of ownership, as well as organizational diversity. This research contributes valuable insights for policymakers aiming to enhance the human capital capabilities of MSME entrepreneurs. By addressing these specific dimensions, policymakers can formulate targeted strategies to uplift the human capital landscape within MSMEs. Consequently, this targeted approach is anticipated to render MSMEs more productive, sustainable, and equipped to venture into international markets.
PENGARUH PELATIHAN TERHADAP PENDAPATAN INDIVIDU: STUDI KASUS WIRAUSAHA WANITA INDONESIA Musthafa, Imelfina; Ridwan, Endrizal
JURNAL AGRIMANSION Vol 25 No 3 (2024): Jurnal Agrimansion Desember 2024
Publisher : Jurusan Sosial Ekonomi Pertanian Fakultas Pertanian Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/agrimansion.v25i3.1825

Abstract

This study aims to analyze the effect of training attended by female entrepreneurs in the last three years on individual income using Sakernas 2021 data. This study uses Propensity Score Matching (PSM) to achieve the research objectives. The results show that the probability of training is influenced by age, education, marital status, and being registered in the licensing system. The study found that training reduces women's entrepreneurial income by 16.3%. The training conducted by women entrepreneurs has not been applied in business activities so that this training has not had a significant impact on income.
PERKEMBANGAN INDUSTRI MIKRO DAN KECIL (STUDI KASUS JAWA BARAT DAN SUMATERA BARAT) Musthafa, Imelfina; Tan, Firwan
JURNAL AGRIMANSION Vol 26 No 1 (2025): Jurnal Agrimansion April 2025
Publisher : Jurusan Sosial Ekonomi Pertanian Fakultas Pertanian Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/agrimansion.v26i1.1882

Abstract

This study aims to determine the development of Micro and Small Industries (IMK) in West Java and West Sumatra provinces in terms of the number of IMKs, guidance/training/extension (BPP), partnerships, internet, and marketing. This study utilizes secondary data from the publication “Profile of the Micro and Small Industry Sector” by the Central Statistics Agency of West Java Province and West Sumatra Province for the year 2020. The MSMEs in West Java Province are distributed across 27 cities/regencies, while those in West Sumatra Province are spread across 19 cities/regencies. The analysis employed is descriptive analysis. The results of the study indicate that the development of SMEs in West Java Province has reached 625,943 SMEs, with only 1.65% of SMEs participating in BPP, 0.93% in partnerships, 17.42% using the internet, and only 519 SMEs engaged in international marketing. The development of SMEs in West Sumatra Province, with a total of 94,392 SMEs, also shows that the participation rate in BPP programs remains low at 3.93% of SMEs, partnership at 0.14% of SMEs, internet usage at 11.90% of SMEs, and overseas marketing at only 1,365 SMEs. Government policies to encourage an increase in the number of SMEs need to be implemented through regulations that facilitate SMEs in conducting their businesses. Government policies to encourage SMEs to actively participate in BPP, establish partnerships, and utilize the internet and marketing of products need to be enhanced.