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Journal : (JUMPER)

The Role of Financial Access, Entrepreneurial Education, and Social Capital on SME Growth Wuryanti, Lestari; Golam, Mohamad Yusuf; Wangania, Diana; Tarandung, Christian
Journal Management & Economics Review (JUMPER) Vol. 3 No. 10. 1 (2026): Special Issue: Call For Paper JUMPER
Publisher : Malaqbi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59971/jumper.v3i10. 1.992

Abstract

This study examines the role of financial access, entrepreneurial education, and social capital in influencing SME growth. Small and Medium Enterprises (SMEs) play a critical role in economic development, yet many face significant barriers to sustainable expansion, particularly in terms of capital constraints, limited managerial capability, and weak business networks. Using a quantitative research design with a cross-sectional survey of 210 SME owners and managers, this study employs Partial Least Squares Structural Equation Modeling (PLS-SEM) to test the proposed hypotheses. The results indicate that financial access, entrepreneurial education, and social capital all have positive and significant effects on SME growth. Among these variables, entrepreneurial education emerges as the strongest predictor, highlighting the central role of human capital in enhancing business performance. Furthermore, the findings reveal that entrepreneurial education partially mediates the relationship between financial access and SME growth, suggesting that financial resources generate greater impact when accompanied by managerial knowledge and skills. The structural model explains 67% of the variance in SME growth, demonstrating substantial explanatory power. These findings imply that SME development policies should adopt an integrated approach that combines improved financial inclusion, entrepreneurship education programs, and strengthened networking opportunities to foster sustainable business expansion. This study contributes to the literature by providing a comprehensive framework that integrates financial, human, and social capital perspectives in explaining SME growth.
Co-Authors Ade Suryani Nasution Afifah, Niken Dilla Agung Wibowo Agustiana, Rika Agustiana Alam, A. Aminullah Anita Anita Annisa, Meisya Arnes Yuli Vandika Baehaqi Bambang Purwanto Dewi, Wuri Astamala DIAN FEBRIANTI DODY KURNIAWAN Eka Fitriani Erna Listyaningsih Euis Mufahamah Fatih, Muhammad Al Febrianti Febrianti Febrianty, Febrianty Ferani, Ferani Firayani Fitri, Cut Fitria, Arie Golam, Mohamad Yusuf Harold Kevin Alfredo Harun, Harmani Hasibuan, Kalijunjung Hermawan, Dessy Hermayana, Anis Iing Lukman Indriani, Wiewiek Irianto, Gunawan Joko Ariawan Kartika, Isma Khotimah, Ayyumi Khusnul Laurenza, Dinda Lestari, Febriana Dwi Lestari, Tria Lingga Ramadan, Arya Rama Mahesa, Valka Fajar Majid, Sugiarto Mandasari, Mesie Mas'ud, Biyan Naufal Mayasari, Nanny Muhammad Muhammad Mungkas, Ihfa Naufal, Faiz Akram Ahmad Nita Rahmawati, Nita Nurdiansyah, Ridho Nurlia, Risa Ohara, Muammar Revnu pangestu, alang Piya, Eni Okta Pramujati, Galih Iman Pratama, Bagas Putra Pratama, Reza Hardian Putri Novita Sari Putri, Fadillah Amanda Rahmawati, Hamida Nur Rahyono Rahyono Ramadhan, Elfin Lazuardi Rezania Agramanisti Azdy, Rezania Agramanisti Rino Rino Rizki Agung Wibowo Robani, Sholahuddin Rosalia, Olyvia Salsyabilla, Nyimas Dinda Sanjaya, Jeffry Alvian Saputra, Rengga Desca Sari, Nita Permata Sari, Sylvia Devita Suhara, Ade Sukawati, Aprilia Dwi Sya'ban, Gema Awal Syarief Hidayat Tarandung, Christian VAHERA, ANYELIR ALIYA Vani, Wulan Septio Wahid Wahid, Wahid Wangania, Diana Yonasari, Armita Zahara, Yeni