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Journal : Indonesian Journal of Business and Entrepreneurship (IJBE)

Startup Characteristics and The Role of Business Incubators in Indonesia Adhia Ika Wahyuni; Siska Noviaristanti
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 8 No. 2 (2022): IJBE, Vol. 8 No. 2, May 2022
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.8.2.251

Abstract

One of the positive results of digital transformation in Indonesia is a fairly advanced startup developed and has contributed to Indonesia’s GDP. The issue of success of several Indonesian startups such as Gojek, Traveloka, Tokopedia, and Bukalapak triggered the community to flock to establish a startup, but the startup was established without going through a business incubation program, while business incubators in Indonesia have been around since 1994 long before the startup was founded. This is different from overseas, where startups such as Airbnb and Dropbox, alumni of business incubators, have achieved more than $30 billion USD. This study was conducted to investigate the startup models and the business incubator services that include 992 startups and 23 business incubators in Indonesia. The analysis technique used in this study is a descriptive analysis by identifying websites of 992 startup and 23 business incubators. Sampling was done by the non-probability sampling method with saturation sampling method (census). The data used are startup registered in Indonesia Mapping & Database Startup 2018 and business incubator in Indonesia. The results show that startups with independent model dominate business in Indonesia, with private ownership and from indigenous people. As for services from business incubators in Indonesia, they have provided key services to create sustainability from technopreneurship. Keywords: startup model, startup ownership, startup origin, business incubator, Indonesia
Social Media Usage Impacts on SME’s Firm Performance: Evidence From West Java, Indonesia Noviaristanti, Siska; Shinta Ceysaria Yunita; Sunu Puguh Hayu Triono
Indonesian Journal of Business and Entrepreneurship Vol. 9 No. 2 (2023): IJBE, Vol. 9 No. 2, May 2023
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.9.2.285

Abstract

This study aims to answer two questions, namely whether social media usage affects the firm performance of Small Medium Enterprise (SME), and what factors encourage SME to use social media. Using path analysis, this study proves that social media usage has a positive significant influence on firm performance of SME. While using the Technological-Organizational-Environmental (TOE) framework, it was found that organizational factor has the greatest positive influence on social media usage. Environmental factor are the second biggest factor that encourages SME to use social media. While the technological factor is the least factor that influence SME to use social media. This research was conducted in 300 SMEs in West Java, Indonesia, and involved various business sectors ranging from food and beverage to automotive. The findings of this study contribute to the academic discussion of strategic entrepreneurship on the relationship between social media usage and firm performance. The findings of this study can also provide direction to examine how is the mechanism of the relationship between social media usage and firm performance of SME. Keywords: social media usage, TOE framework, firm performance, SME