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Unlocking Success: Nexus between Entrepreneurial Orientation and Financial Performance in Culinary MSMEs Sucahyo, Usil Sis; Damayanti, Theresia Woro; Supramono, Supramono
Journal of Economics, Business, and Accountancy Ventura Vol. 27 No. 1 (2024): April - July 2024
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v27i1.4432

Abstract

This study aims to investigate the impact of entrepreneurial orientation on the financial performance of micro, small, and medium-sized enterprises (MSMEs) in the culinary sector, while also exploring the mediating roles of digital transformation and working capital in this relationship. Data were gathered via a field survey involving 360 culinary MSMEs operators in Semarang City, Salatiga City, and Surakarta City, with a proportional distribution across these locations. Statistical analysis was conducted using SEM-PLS. The results reveal that entrepreneurial orientation significantly influences financial performance, digital transformation, and working capital. Additionally, digital transformation and working capital play mediating roles in the relationship between entrepreneurial orientation and financial performance. This study contributes to theoretical insights by proposing a model to enhance the economic performance of culinary MSMEs, focusing on entrepreneurial orientation, digital transformation, and working capital. From a policy perspective, the government is encouraged to support various initiatives aimed at enhancing entrepreneurial capabilities, fostering the adoption of digital technologies, and promoting effective working capital management within the culinary MSMEs sector.
Co-Authors aenul asfia Agung Wibowo Akbar, Savira Ana Fauziah Anjari, Adzkia Puspa anto, erli puji Ardiani Ika Sulistyawati Arief Widodo asfia, aenul Asiah, Dede Aas Atika Atika Bambang Suteng Sulasmono Beta Ubaya Nindya Chaeriyah, Iqra Cholillah, Syifa Christine Gracia Setyawati Cindy Christine Nanna Darmawan, Rizky Budi Della Gracia Yudistya Putri Denia Maulani Dharma, Danang Setya Diah Yudhawati Donny Kurniawan Ecin Kuraesin Eko Suseno HR Matruty Erpina Desy Desy Sihombing Erwin Mulyana, Erwin Fauzan, Irfan Hadi Handayani, Laras Ayu Fitri Handita Sari Handita Sari, Handita Hari Sunarto Hellenikapoulos , Maria Hilda Saranita Momongan, Hilda Saranita Holisah, Ika Nur Indarto Indarto Indarto Intiyas Utami Ira Ardianing Saputri Isnadia, Inggit JT Lobby Loekmono Jubelina Jubelina Krisnata Dwi Suyanto Kusdianto, Sholeh Lestari, Dini Egi Lestari, Nur Fitriani Putri Lestari, Rohmini Indah Lilis Nurjanah Marisa Wandita Masruri, M. Anwar Meylani Aljeinie Tijow, Meylani Aljeinie Mulyana, Muhammad Ugi Nasution, Armansyah Niati, Atikah Indah Noventris Ratnawati Radja Novriyanthi Taungke, Novriyanthi Nurasila, Ersah Nurhayati, Immas Nurmaalasari, Siti Nurmala Sari Prasetyowati, Riris Aishah Putra, Riki Ade Rachmatullaily, Rachmatullaily Rahmawati, Rinrin Ramadan, Dicky Ramadhanty, Dini Rasiman Rasiman Renea Shinta Aminda Rietveld, Piet Sari, Anita Mustika Sari, Dewi Mesta Septianti, Ajeng Sholahuddin, Mohammad Siti Maamarah, Siti Sobari Sobari Sucahyo Sugeng, Santoso Suhendri Suhendri Sunardi Sunardi Sundara, Revan Julian Theresia Woro Damayanti Titing Suharti Verni Asvariwangi Wina Meilia Waspadiana Handoko, Wina Meilia Waspadiana Wulan, Dara Ratna Yaqin, Fahlevi Ainul Yosepphira Intan Permata Ramania Yuwono, Prapto