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Analysis of the Influence of Social Capital, Innovation, and Market Orientation on the Growth of Micro and Small Enterprises in the Special Region of Jakarta Sudirjo, Frans; Hendratri, Bhaswarendra Guntur; Desiyanti, Rika; Sudarmanto, Eko
West Science Business and Management Vol. 2 No. 03 (2024): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v2i03.1276

Abstract

This study examines the effects of social capital, innovation, and market orientation on the growth of Micro and Small Enterprises (MSEs) in the Special Capital Region of Jakarta. Using a quantitative research approach, data were collected from 160 MSEs through a structured questionnaire, and the relationships between the variables were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS). The results reveal that all three factors—social capital, innovation, and market orientation—significantly contribute to the growth of MSEs. Innovation was identified as the most critical factor, followed by social capital and market orientation. The findings highlight the importance of fostering innovation, adopting market-oriented strategies, and leveraging social networks for the sustainable growth of MSEs. This study provides valuable insights for entrepreneurs and policymakers on how to support the development of MSEs in competitive urban environments.
The impacts of intellectual capital and entrepreneurship orientation on business performance Anggraini, Fivi; Yunilma, Yunilma; Desiyanti, Rika; Hakim, Luqmannul
Jurnal Ekonomi dan Bisnis Vol. 26 No. 2 (2023)
Publisher : Fakultas Ekonomika dan Bisnis Universitas Kristen Satya Wacana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24914/jeb.v26i2.6366

Abstract

The Covid-19 pandemic has systematically impacted all lines, including the hospitality industry, which experienced the lowest occupancy rate. For this reason, innovation is needed for the hotel industry to develop intellectual capital management and be entrepreneurially oriented so that its business can continue to breathe amid the current global pandemic. This study aims to examine the effect of intellectual capital and entrepreneurial orientation on business performance in hospitality tourism in West Sumatra. The population of this study is all-star and non-star hotels registered with the Central Bureau of Statistics of West Sumatra Province. Our results demonstrate that human and structural capital do not significantly affect business performance. Meanwhile, relational capital and entrepreneurial orientation have a significant effect on the performance of the hotel business. The results of this study contribute to knowledge about the relationship of intellectual capital in the hotel business to improve business performance, especially in the current situation of the Covid-19 pandemic.
Pengaruh Literasi Keuangan, Inklusi Keuangan dan Digital Payment Terhadap Kinerja UMKM Makanan & Minuman di Kota Padang: The Influence of Financial Literacy, Financial Inclusion, and Digital Payment, on The Performance of Food & Beverage MSMEs in Padang City Rani, Gita Mai; Desiyanti, Rika
EKOMABIS: Jurnal Ekonomi Manajemen Bisnis Vol. 5 No. 02 (2024): Ekomabis Edisi Juli 2024
Publisher : LPPM Universitas Pelita Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37366/ekomabis.v5i02.1403

Abstract

Fokus dari penelitian ini adalah untuk mengetahui bagaimana literasi keuangan, inklusi keuangan, dan digital payment mempengaruhi kinerja usaha kecil dan menengah (UMKM) makanan dan minuman di Kota Padang. Dalam analisis ini menggunakan sampel sebesar 87 partisipan. Pendekatan validitas yang dipakai yaitu confirmatory factor analysis (CFA), sementara analisis regresi berganda dengan menggunakan STATA 12 dipakai untuk pengujian hipotesis dalam penelitian ini. Data yang diperoleh dari hasil temuan ini menunjukan bahwa literasi keuangan dan inklusi keuangan tidak mendukung hipotesis, sementara itu digital Payment memberikan pengaruh positif terhadap kinerja UMKM makanan dan minuman di Kota Padang. Penelitian ini menyoroti perlunya perhatian khusus dalam pengembangan dan pemanfaatan strategi pengetahuan finansial layanan keuangan yang lebih efektif untuk UMKM agar dapat mencapai dampak positif yang besar terhadap pertumbuhan dan keberlanjutan usaha. Penelitian ini juga memberikan wawasan berharga bagi pelaku UMKM dan pihak terkait untuk meningkatkan digital payment sebagai upaya peningkatan produktivitas UMKM. The purpose of this research is to determine the effects of digital payments, financial inclusion, and financial literacy on the performance of food and beverage micro, small, and medium-sized enterprises (MSMEs) in Padang City. A sample of 87 responders was employed in this investigation. Within this research, the hypothesis is tested through multiple regression analysis using STATA 12, and the validity method is confirmatory factor analysis (CFA). The findings of the research show that while the performance of Padang City’s food and beverage MSMEs is positively impacted by digital payment, financial literacy and financial inclusion do not support the hypothesis. This study emphasizes the necessity of giving greater consideration to creating and implementing more efficient financial inclusion and literacy initiatives for MSMEs in order for them to have.