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Journal : Kriez Academy

EXPLORING THE INFLUENCE OF UNIVERSITY-SME COLLABORATIVE INNOVATIONS ON TECHNOLOGY IN INDONESIA: A MULTILEVEL PERSPECTIVE Budi Raharja , Arif; Ruchiyat, Endang; Matriadi , Faisal
KRIEZ ACADEMY : Journal of development and community service Vol. 1 No. 6 (2024): Kriez Academy - May
Publisher : Yayasan Kreatif Indonesia Emas

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Abstract

Technological innovation plays a key role in facing the complex challenges faced by Indonesia in the era of globalization. Collaboration between universities and Small and Medium Enterprises (UKM) has been recognized as an effective way to accelerate technological development that is relevant to society's needs. In this study, we explore the influence of collaborative innovation between universities and SMEs on technology in Indonesia using a multilevel perspective. This perspective includes three levels of analysis: micro, mezzo, and macro. At the micro level, we see the interaction of individuals and organizations in collaboration. At the mezzo level, we consider the dynamics and relationships between universities and SMEs. Meanwhile, at the macro level, we pay attention to external factors such as government policies and economic conditions that influence collaboration. Through this analysis, we highlight the important role of government policy in creating a conducive environment for collaboration, supporting necessary infrastructure, regulatory and bureaucratic reform, determining strategic research priorities, and establishing innovation networks. We conclude that collaboration between universities and SMEs has great potential to accelerate technological development in Indonesia, but requires appropriate support and policies from the government as well as good coordination between various stakeholders.  
EXPLORING THE INFLUENCE OF WORK-TO-VENTURE ROLE CONFLICT ON HYBRID ENTREPRENEURS' TRANSITION INTO ENTREPRENEURSHIP IN INDONESIA Matriadi , Faisal; Ruchiyat, Endang; Budi Raharja , Arif
KRIEZ ACADEMY : Journal of development and community service Vol. 1 No. 6 (2024): Kriez Academy - May
Publisher : Yayasan Kreatif Indonesia Emas

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Abstract

Abstract This research aims to examine the influence of role conflict between main job and side business on the transition of hybrid entrepreneurs to full-time entrepreneurship in Indonesia. Hybrid entrepreneurs are individuals who run a side business while still maintaining their main job as their main source of income. Role conflict may arise due to the dual demands of both roles, which may affect the hybrid entrepreneur's motivation, commitment, and ability to transition to full-time entrepreneurship. This research uses a combined approach between literature study analysis and online surveys. First, a detailed search was conducted in academic databases to identify current and relevant information on role conflict and the transition to entrepreneurship. Literature study analysis is used to build a strong conceptual framework. Next, an online survey was distributed to hybrid entrepreneurs in Indonesia to collect primary data on experiences, perceptions and challenges faced in the transition to full-time entrepreneurship. The research results show that role conflict between main job and side business influences the motivation and commitment of hybrid entrepreneurs in deciding to switch to full-time entrepreneurship. Hybrid entrepreneurs tend to experience pressure and stress because they have to divide their attention and time between their main job and side businesses. Value conflicts between professional obligations and entrepreneurial ambitions may also interfere with hybrid entrepreneurs' commitment to their side businesses. Strategies used by hybrid entrepreneurs to overcome role conflict include effective time management, use of productivity tools, psychological strategies such as meditation or relaxation, task delegation, and role integration between main job and side hustle. Hybrid entrepreneurs are also strongly influenced by the external environment, including regulatory factors and infrastructure support. Business-friendly regulations and good infrastructure support facilitate the transition of hybrid entrepreneurs to full-time entrepreneurship by reducing the administrative and operational burdens faced.  
ANALYZING THE RELATIONSHIP BETWEEN EARNINGS MANAGEMENT PRACTICES AND CORPORATE GOVERNANCE STRUCTURES Riana, Nia; Ruchiyat, Endang; Matriadi, Faisal
KRIEZ ACADEMY : Journal of development and community service Vol. 1 No. 10 (2024): Kriez Academy - September
Publisher : Yayasan Kreatif Indonesia Emas

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Earnings management has been a focal point in corporate finance and accounting due to its potential to distort financial reporting and mislead stakeholders. This study examines the relationship between earnings management practices and corporate governance structures. The aim is to explore how corporate governance mechanisms, such as board composition, ownership structure, and audit quality, influence the likelihood and extent of earnings management. Using a mixed-method approach combining quantitative data analysis and qualitative case studies, the study investigates firms listed in emerging markets over a five-year period. Results reveal that strong corporate governance structures significantly mitigate earnings management practices. However, variations are observed across industries, suggesting the interplay of sector-specific dynamics. These findings underline the critical role of robust governance frameworks in promoting financial transparency and accountability. Keywords: Earnings Management, Corporate Governance, Financial Reporting, Audit Quality Background Earnings management, the deliberate manipulation of financial statements to achieve specific financial results, remains a pervasive issue globally. Despite the adoption of international accounting standards, earnings management practices are often employed to meet market expectations or contractual obligations. On the other hand, corporate governance structures are designed to ensure the accountability of management to shareholders and other stakeholders, thereby curbing unethical financial practices. The relationship between these two elements has been widely debated in academic and professional circles. This study builds on existing literature by examining the role of various governance mechanisms, including board independence, ownership structure, and audit quality, in curbing earnings management in firms operating within emerging markets. Aims This research aims to: Analyze the extent to which corporate governance mechanisms influence earnings management practices. Identify the most effective governance structures in minimizing earnings manipulation. Offer insights into industry-specific dynamics affecting the governance-earnings management relationship.   Research Method This study employs a mixed-method research approach: Quantitative Analysis: A longitudinal dataset of 500 firms from emerging markets over five years (2017–2022) is analyzed using regression models to assess the impact of corporate governance variables on earnings management. Qualitative Case Studies: In-depth interviews with board members and auditors from 15 selected firms complement the quantitative findings, offering nuanced perspectives on governance practices. Results and Conclusion The analysis highlights that: Board Independence: Firms with higher proportions of independent directors are less likely to engage in earnings management. Ownership Concentration: Companies with dispersed ownership exhibit higher levels of earnings manipulation compared to those with concentrated ownership. Audit Quality: The presence of Big Four auditors significantly reduces earnings management practices. These findings emphasize the importance of holistic corporate governance frameworks tailored to the unique challenges of emerging markets. Contribution This study contributes to the body of knowledge by providing empirical evidence on the governance-earnings management nexus in emerging markets. It underscores the importance of regulatory reforms and best practices to strengthen corporate governance and enhance financial reporting integrity.
Digital Financial Ecosystems and MSME Growth in Indonesia: A Post-Pandemic Analysis Matriadi , Faisal
KRIEZ ACADEMY : Journal of development and community service Vol. 1 No. 11 (2024): Kriez Academy - October
Publisher : Yayasan Kreatif Indonesia Emas

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Abstract

This study explores the profound influence of a rapidly evolving digital financial ecosystem on the growth, resilience, and sustainability of micro, small, and medium enterprises (MSMEs) in Indonesia during the post-pandemic era. The COVID-19 pandemic exposed critical vulnerabilities within the MSME sector, particularly its limited access to formal finance and its low level of digital readiness. In response, a dynamic digital financial ecosystem—encompassing digital payment systems, fintech innovations, online lending platforms, and digital bookkeeping applications—has emerged as a crucial catalyst for recovery and growth. Through a mixed-methods research design that combines a quantitative survey of 300 MSMEs across key regions with in-depth interviews of 20 stakeholders, this paper empirically examines how digital financial services enhance access to capital, improve operational efficiency, and accelerate the formalization of businesses. The findings indicate that MSMEs utilizing fintech platforms experienced a significant increase in working capital and profitability, and were more likely to join government support programs. The study concludes that the digital financial ecosystem plays a transformative role in fostering inclusive growth and long-term resilience for Indonesian MSMEs. However, to scale these benefits nationally, robust policy support for digital literacy, cybersecurity, and infrastructure development is essential, underpinned by strengthened collaborative models among fintech providers, the government, and MSME associations.
Co-Authors A Hadi Arifin A. Hadi Arifin A. Hadi Arifin Adelina, Dian Adha Aulia Adnan Afrida, Rina Aiyub Aiyub Aiyub Aiyub Yahya Aiyub Yahya Alvia Fitriana Amna Farida Aprilia Handayani Ari Lasta Irawan Arifin, A. Hadi Azhar Azhar , Azhar Azhar Azhar Budi Raharja , Arif Cecep Syaifullah Syahputra Chairil Akhyar Chalirafi Chalirafi, Chalirafi Cut Nabilla Mutiza Zahap Darmawati Muchtar Darmawati Mucthar Dea Fitria Dewi Kumalasari EM Yusuf Iis Endang Ruchiyat Era Ekawati Ermeila, Sri Ermelia , Sri Fahmi, Mohamad Ruli Faliza , Nur Filzah Zarifah Zahra Harahap Fitria Zaitun Nisa Fitriana Hasrianti Ibrahim Qamarius Ibrahim Qamarius Ibrahim Qamarius, Ibrahim Ikramuddin, Ikramuddin Imamshadiqin, Imamshadiqin Imran Iskandar Iskandar Iskandar Iskandar Iswadi Bensaadi Jaya, Wahyu Indra Jullimursyida Julyadi Julyadi Juni Ahyar Khairawati Khairawati Khairawati Khairil Anwar Khairina Kussyeri Kussyeri Kussyeri, Kussyeri Likdanawati Likdanawati Likdanawati Lili Adi Wibowo Maemonah, Maemonah Maisyura , Maisyura Marbawi, Marbawi Maringan Mariyudi Mariyudi Mariyudi Maryudi Maryudi Maryudi Maryudi Marzuki Maya Ariyanti Millisa, Cut Muchtar, Darmawati Muhammad Alif Akbar Munandar Munandar Munawar, Khairul Nur Faliza Nur Faliza Nur Fitriyani Nurfaliza Nurkhaliza Nurlela Nurlela Nurmala Nurmala Nurmala Parapat Gultom Pipi Santika Puji Satria Rahmi Mahbengi Raisya Ananta Ratna Ratna Ratri Pangestika Riana, Nia Rina Malinda Ristati Rita Rahmi Ritha F.Dalimunthe Roni, Muhammad Safriani Said Afif Nabil Saifuddin Satria, Puji Selviana Melinda Siti Helmyati Siti Raha Agoes Salim Sri Ermeila Sulaida Sulaida Sullaida Sullaida Supriatna, Ucu Syamsiar, Syamsiar Wahyu Indra Jaya Wahyuddin Albra Wanda Ramadhana Wilda Nafisa Yana, Syaifuddin Yanita Yanita , Yanita Yulia Hafidzah Sinaga Yulius Dharma Yusniar Yusniar Yusniar Yusniar Yusniar Zaenal Aripin