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A Holistic Review of MSME Entrepreneurship in Indonesia: The Role of Innovation, Sustainability, and the Impact of Digital Transformation Judijanto, Loso; Utami, Eva Yuniarti; Apriliani, Diah; Rijal, Syamsu
International Journal of Business, Law, and Education Vol. 5 No. 1 (2024): International Journal of Business, Law, and Education
Publisher : IJBLE Scientific Publications Community Inc.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56442/ijble.v5i1.355

Abstract

This study conducts a comprehensive examination of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia, focusing on their role in the economy, challenges in innovation, sustainability, and digital transformation. With over 97% of the local labor force employed by MSMEs, their significance is undeniable. However, obstacles, exacerbated by the COVID-19 pandemic, include a financing gap, innovation difficulties, and limited resources hindering digitalization. The research, based on a sample of 250 MSMEs, utilizes Partial Least Square-Structural Equation Modeling (PLS-SEM) to reveal the positive and significant impact of innovation, sustainability, and digital transformation on MSME entrepreneurship. Practical implications suggest prioritizing innovation, integrating sustainable practices, and recognizing the importance of digitalization for MSMEs' success, with broader implications for socio-economic and environmental goals.
A Bibliometric Exploration of Behavioral Finance: Trends, Influental Authors, Research Themes, and Emerging Concepts Rokhilawati, Yeny; Wardhani, Rachmasari Pramita; Rijal, Syamsu
International Journal of Business, Law, and Education Vol. 5 No. 1 (2024): International Journal of Business, Law, and Education
Publisher : IJBLE Scientific Publications Community Inc.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56442/ijble.v5i1.413

Abstract

This bibliometric exploration delves into the evolving landscape of behavioral finance, employing a systematic analysis of scholarly publications from the past decade. The study maps key trends, influential authors, research themes, and emerging concepts within the interdisciplinary realm of behavioral finance, blending insights from psychology and economics. Through rigorous data collection and analysis using VOS Viewer, the research addresses four critical questions: identifying trends, profiling influential authors, categorizing research themes, and exploring potential future directions. The study reveals a dynamic field with a focus on psychological factors influencing financial decision-making. Key findings include influential authors such as Hirshleifer and Statman, thematic clusters encompassing market efficiency and investor sentiment, and emerging areas of interest like the impact of COVID-19 on financial behavior. The implications of this research extend to academia, practice, and policy, providing a valuable resource for navigating the complex landscape of behavioral finance.
The Influence of Social Capital on Entrepreneurial Success: A Study of Networks and Relationships in MSMEs Rijal, Syamsu; Utomo, Bekti; Ramdhani, Rahmat
International Journal of Business, Law, and Education Vol. 5 No. 2 (2024): International Journal of Business, Law, and Education
Publisher : IJBLE Scientific Publications Community Inc.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56442/ijble.v5i2.678

Abstract

This research investigates the influence of social capital on the entrepreneurial success of Micro, Small, and Medium Enterprises (MSMEs) by examining the roles of bonding, bridging, and linking social capital. A mixed-methods approach was employed, including a quantitative survey of 300 MSME owners and qualitative interviews with 20 selected respondents. Descriptive statistics revealed high levels of bonding social capital, significant variability in bridging social capital, and diverse experiences with linking social capital among participants. Regression analyses confirmed the positive impact of bonding, bridging, and linking social capital on different aspects of entrepreneurial success, while structural equation modeling demonstrated their synergistic effects. Thematic analysis of interviews provided deeper insights into how entrepreneurs leverage social capital at various stages of business development. The findings highlight the importance of strategic management of social networks in enhancing MSMEs' ability to innovate, adapt, and achieve sustained growth.
The Relationship Between Employee Training, Career Development, and Job Satisfaction: A Case Study of Medium Scale Enterprise in Bandung City Rijal, Syamsu; Sesario, Revi
International Journal of Business, Law, and Education Vol. 5 No. 2 (2024): International Journal of Business, Law, and Education
Publisher : IJBLE Scientific Publications Community Inc.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56442/ijble.v5i2.778

Abstract

This study examines the relationships between employee training, career development, and job satisfaction within medium-scale enterprises in Bandung City. Utilizing a quantitative approach, data were collected from 200 employees through structured questionnaires. Descriptive statistics, reliability and validity assessments, normality and multicollinearity tests, and Pearson correlation analysis were conducted using SPSS software. The findings reveal that employee training and career development are significantly positively correlated with job satisfaction. Specifically, career development shows the strongest correlation with job satisfaction, followed by employee training. These results underscore the importance of investing in comprehensive training programs and robust career development initiatives to enhance job satisfaction. The study's implications for practice suggest that medium-scale enterprises should strategically focus on employee development to foster a more motivated and satisfied workforce, ultimately contributing to organizational success. Future research should explore these relationships longitudinally and in diverse organizational contexts.
The Impact of Customer Relationship Management on Customer Satisfaction and Loyalty: A Case Study of BSI Bank in West Jakarta Rahmani, Shinta; Akbar Pahlevi, Akbar Pahlevi; Suzana, Andhi Johan; Rijal, Syamsu; Susilowati, Ervan
SEIKO : Journal of Management & Business Vol 6, No 2.1 (2023)
Publisher : Program Pascasarjana STIE Amkop Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37531/sejaman.v6i2.5261

Abstract

Penelitian ini menyelidiki hubungan antara Customer Relationship Management (CRM), Kepuasan Pelanggan, dan Loyalitas Pelanggan di Bank BSI di Jakarta. Pendekatan kuantitatif digunakan, dengan mengumpulkan data dari 86 pelanggan setia melalui purposive sampling. Analisis regresi menunjukkan hubungan positif yang signifikan antara CRM dan Kepuasan Nasabah (β = 0,561, t = 8,017, p < 0,05) dan antara Kepuasan Nasabah dan Loyalitas Nasabah (β = 0,412, t = 4,740, p < 0,05). Praktik CRM yang efektif meningkatkan Kepuasan Pelanggan, yang mengarah pada peningkatan Loyalitas Pelanggan. Temuan ini menekankan pentingnya mengadopsi strategi yang berpusat pada pelanggan untuk mempertahankan pelanggan yang loyal dan mencapai pertumbuhan yang berkelanjutan dalam industri perbankan yang kompetitif. Bank BSI dapat memanfaatkan wawasan ini untuk memperkuat hubungan dengan nasabah dan meningkatkan pengalaman nasabah secara keseluruhan, sehingga mendorong loyalitas jangka panjang dan kesuksesan bisnis. Kata Kunci: Customer Relationship Management, Kepuasan, Loyalitas, Nasabah, Bank BSI di Jakarta Barat
The Influence of Business Location Feasibility, Social Media Advertising and Product Innovation on Increasing Sales of Micro, Small and Medium Enterprises in The Culinary Sector at The Center Point of Indonesia Makassar City Marhawati; Rahman, Nur Delima Novita; Mustari; Ampa, Andi Tenri; Rijal, Syamsul
Economics and Business Journal (ECBIS) Vol. 1 No. 6 (2023): September
Publisher : PT. Maju Malaqbi Makkarana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ecbis.v1i6.92

Abstract

This study aims to determine the effect of business location feasibility, social media advertising and product innovation partially and simultaneously on increasing sales of culinary MSMEs at Center Point of Indonesia (CPI) Makassar City. This study employs quantitative research methodologies. The data collection techniques used were observation and interviews using questionnaires and documentation of activities. The population as well as the sample in this study were 50 culinary MSME business actors located at the Center Point of Indonesia (CPI). The employed data analysis techniques encompass multiple linear regression analysis, the F-test, the t-test, and the coefficient of determination. The results showed that business location feasibility, social media advertising and product innovation partially influenced the increase in sales of Culinary MSMEs at Center Point of Indonesia (CPI). Business location feasibility variables, social media advertising and product innovation simultaneously affect the increase in sales of Culinary MSMEs at Center Point of Indonesia (CPI)
The Synergy of Influencer Marketing, Interactive Content, and Digital Strategies in Enhancing Visibility and Sales of MSME Products During Ramadan Azzaakiyyah, Hizbul Khootimah; Suherlan; Rijal, Syamsu
Technology and Society Perspectives (TACIT) Vol 3 No 1 (2025): March 2025
Publisher : PT. LITERASI SAINS NUSANTARA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61100/tacit.v3i1.257

Abstract

This study examines the synergy between influencer marketing, interactive content, and digital strategies in increasing the visibility and sales of MSME products during Ramadan. Using a literature review method and a qualitative approach, this study analyzes 21 selected articles from Google Scholar and other credible sources published between 2021 and 2025. The findings reveal that influencer marketing plays a crucial role in building consumer trust and expanding market reach, particularly through collaborations with micro-influencers who have strong engagement with their audience. Interactive content, such as live shopping and social media challenges, has been proven to enhance customer engagement and strengthen brand loyalty. Additionally, the implementation of digital strategies, including paid advertising and consumer behavior analysis, enables MSMEs to effectively target their audience and increase sales conversion. Case studies of MSMEs such as Jiniso Indonesia, Mamahke Jogja, and Azarine Beauty demonstrate that the combination of these three strategies can lead to significant sales growth during Ramadan. However, challenges in implementing these strategies persist, including budget constraints, changes in social media algorithms, and difficulties in maintaining content consistency.
RIBA ALAT TRANSAKSI KEUANGAN YANG MEMISKINKAN DILIHAT DARI SUDUT PANDANG  EKONOMI ISLAM DAN EKONOMI KRISTEN Tuti Supatminingsih; Syamsu Rijal; Jasmin; Muhammad Ardi; Sawaluddin Siregar
Adpertens: Jurnal Ekonomi dan Manajemen Vol. 1 No. 2 (2024): Juni : Adpertens
Publisher : Yayasan Baitul Hikmah al-Zain

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63424/adpertens.v1i2.33

Abstract

Usury has become the main driving force in the conventional financial system in most countries, especially Western countries, and even countries that implement dual financial systems are not left behind. This research seeks to examine usury and why usury must be removed from financial transactions. The study revealed that no religion justifies usury in any form and concluded that continuous consumption of usury will impoverish the world economy and even the welfare of citizens will not be left behind because it is a tool that does not function in increasing utility.
The Influence Of Foreign Direct Investment On The Management Of Resource Economics In Indonesia Rijal, Syamsu; Sangkala, Masnawaty; Sahade, Sahade
Jurnal Mamangan Vol 12, No 2 (2023): Special Issue
Publisher : LPPM Universitas PGRI Sumatera Barat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22202/mamangan.v12i2.9585

Abstract

Foreign Direct Investment, or FDI, plays a significant role in Indonesia’s economic growth, especially in highly strategic sectors that rely on natural resources. The purpose of this study is to examine how foreign direct investment (FDI) influences the management of the resource economy in Indonesia. The method used is qualitative, using literature studies and analyzing policy reports, scientific journals, and official data from government agencies and international organizations. Research shows that foreign investment drives economic growth and infrastructure development. But foreign investment also raises many problems, such as environmental exploitation. Strong regulation, policy transparency, and the capacity of regulatory institutions are essential for the successful management of FDI. Consequently, to deal with global investment flows, a fair, sustainable, and national interest-oriented governance approach is needed.
Human Resource Investment Strategy in Increasing Productivity of Economic Sectors in Indonesia: Penelitian Syamsu Rijal; Andi Caezar To Tadampali; Marhawati; Nur Arisah; Sri Hutami Adiningsih S
Jurnal Pengabdian Masyarakat dan Riset Pendidikan Vol. 3 No. 4 (2025): Jurnal Pengabdian Masyarakat dan Riset Pendidikan Volume 3 Nomor 4 (April 2025
Publisher : Lembaga Penelitian dan Pengabdian Masyarakat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/jerkin.v3i4.823

Abstract

This study aims to describe the human resource (HR) investment strategy and its impact on the productivity of the economic sector in Indonesia, as well as to identify challenges and gaps in its implementation. The research method used is descriptive qualitative with secondary data analysis from various official sources such as the Central Statistics Agency, related ministries, and international institutions. The results of the study indicate that the HR investment strategy in Indonesia includes the development of formal education, vocational training, increasing digital competence, and improving health services. The positive impact is reflected in the increase in the Human Development Index (HDI), labor productivity in the industrial and service sectors, and better national competitiveness. However, there are a number of challenges, including inequality of access between regions, mismatch of competence with industry needs, limited role of the private sector, and policy fragmentation. This study recommends increasing equal access, strengthening partnerships between education and industry, optimizing the role of the private sector, and integrating data-based systems and governance to increase the effectiveness of HR investment in Indonesia. These findings are expected to be a reference for policy makers in designing more inclusive and productive HR development policies.
Co-Authors Abdullah, Muhammad Ikbal Abu Muna Almaududi Ausat Achmad Abdul Azis Adi Suroso Adiningsih S, Sri Hutami Agung Yuliyanto Nugroho Agung Zulfikri Ahmad, Muh. Ihsan Said Akbar Pahlevi, Akbar Pahlevi Akhmad Baidun Akhmad Nur Zaroni Akhmad Riduan Almaududi Ausat, Abu Muna Alwi, M. Rasdul Ambo Dalle Andi Chairil Furqan Andi Hikmah Dewi Sriyanti Andi Mimi Nurhizah Andi Tenri Ampa Andi Tenri Ampa Andri Priadi Andy Rachman Andy Rachman Anita Lestari Ari Purwanti Ariawan, Ariawan ARIEF BUDI PRATOMO Arief Yanto Rukmana Arisanjaya Doloan arjang Arni Arni Asri Ady Bakri Ausat, Abu Muna Almaududi Azhar Ibrahim Azhariah Rachman Azzaakiyyah, Hizbul Khootimah Bambang Sucipto Baso Iwang Citra Arta, Deddy Novie Dadang Muhammad Hasyim Dana Budiman Demsky, Caitlin Dewa Oka Suparwata Dewi Ratih K Dhety Chusumastuti Diah Apriliani Dian Ariani Dianta Mustofa K. Dinar, Muhammad Dipa Teruna Awaludin Eddy Silamat Eddy Silamat Edy Susanto Efrina, Gusnita Eka Selvi Handayani Eka Supriatna Ekbal Santoso Eko Sudarmanto Elisabeth Nainggolan Endang Fatmawati Erwina Kartika Devi Etty Sri Hertini Eva Desembrianita Eva Yuniarti Utami Evi Meidasari M Fajar Saranani Farida Akbarina Fitriyanto, A. Alvian Frans Sudirjo Frans Sudirjo Frans Sudirjo Gamal Abdel Nasser Geofakta Razali Gusti Rusmayadi Hadi Nasbey Hadi, Anto J. Handayati, Ratna Harsano Jayadi Harun Samsuddin Helmina Br Ginting Hendri Hermawan Adinugraha Heny Herawati Heny Herawati Herry Ramadhani Hizbul Khootimah Azzaakiyyah I Nyoman Tri Sutaguna I Wayan Sugianta Nirawana Idrus, Muhammad Ikram Ika Nurhalisah Ilham Akbar Inanna Indah Oktari Wijayati Indrawati, R.A. Iswahyuningsih Iswahyuningsih Ivonne Ayesha, Ivonne Iwan Harsono Iwang, Baso Jasmin Jiao, Deng Jie, Lie Judijanto, Loso Karyono Karyono Khamaludin, Khamaludin Koesoemasari, Dian Safitri Pantja Lahiya , Arkam Legito . Liestyowati Liestyowati Loso Judijanto M. Ihsan Said Ahmad Manap, Abdul Marhawati Masdub Maulida, Sofia Mawardi Mawardi Mega Krisdayani MILASARI, LISA ASTRIA Mochamad Aziz, Roikhan Moehamad Satiadharma Moh Gifari Sono Moh. Solehuddin Muh Ihsan Said Ahmad Muh. Hanif Muh. Ihsan Said Ahmad Muh. Ihsan Said Ahmad Muh. Ihsan Said Ahmad Muhammad Ade Kurnia Harahap Muhammad Ardi Muhammad Dinar Muhammad Hasan Muhammad Hasan Muhammad Ihsan Said Ahmad Muhammad Ilyas Thamrin Tahir Muhammad Ishlah Idrus Muhammad Islah Idrus Muhammad Islah Idrus Muhammad Rakib Muhammad Syafri MUHAMMAD TAUFIK Muhammad Taufik Muhammadong Muhammadong Muhlis Muhlis Muhsin Efendi Mumu Muzayyin Maq Musran Munizu Mustafa , Fahrina MUSTARI Mustari Mustari Mustari Mustari Mustari Mustari Nanda, Sahabuddin Nirwana Nirwana Norvadewi Nur Ana Nur Arisah Nur Irmayanti Mulyani Nurdiana Nurhidayah Nurhidayah Nuridha Matiin Nurjannah Nurlinda Nurul Afifah Nurul Afifah Ohara, Muammar Revnu Okta Karneli, Okta Pertiwi, a.n. Triani Patra Pranoto, Wati Asriningsih Puspita Puji Rahayu, Puspita Puji R.A. Indrawati Rachmasari Pramita Wardhani Raden Mohamad Herdian Bhakti Rahman, Nur Delima Novita Rahmat Al Hidayat Rahmatullah Rahmatullah Rahmi Ramdan Yusuf Ramdan Yusuf Ramdhani, Rahmat Ratih Kusumastuti Ratih Pratiwi Ratna, S Restu Auliani Reza Fahlevi Lubis Rhisty Frida Utami Ridha Wahyuni Riduan, Akhmad Rina Kurniawati Rini Hadiyati Riwayatiningsih, Rika Rizqy Aiddha Yuniawati Roikhan Mochamad Aziz Rokhilawati, Yeny Rukiyanto Rukiyanto, Rukiyanto Rulam Ahmadi S, Masnawati S, Masnawaty Sa'diyah Sa'diyah Sahade Said Ahmad, Muh. Ihsan Salha Marasaoly Samsidar Samsidar Samsudin, Harun Sandra Lumingkewas , Cindy Sangkala, Masnawaty Saputra, Ahmad Edi Sari, Ade Risna Sarwono Sarwono SATRIYAS ILYAS Sawaluddin Siregar Selvia Junita Praja Sesario, Revi Shinta Rahmani Shohib Muslim Siminto Siminto Siminto Siti Fatimah Sri Dewi Yusuf Sufrina Keumala Ayu Suherlan Suherlan Suherlan Suherlan Suherlan, Suherlan Sulolipu, Andi Annisa Sultan Machmud Hasan Masikki Supriandi Supriandi Supriyanto Susilowati, Ervan Sutarto Sutarto Sutrisno, Sutrisno Suzana, Andhi Johan Syamsul Anwar Syamsul Anwar Tadampali, Andi Caezar To Tanti Widia Nurdiani Teddy Tjahyanto Thamrin Tahir Tulus Martua Sihombing Tuti Supatminingsih Uli Wildan Nuryanto Umi Salawati Utami, Eva Yuniarti Utomo, Bekti Wenny Desty Febrian Widhi Wicaksono Winarto Ramlan Wisnujatia, Nugrahini Susantinah Yasir Riady Yeti Yeti Yuanyuan Wang, Yuanyuan Yuditia Prameswari Yusnindar Zainal Arifin Zarkasi Zarkasi Zarkasi, Zarkasi Zhang Wei Zou, Guijiao Zunan Setiawan