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All Journal Indonesian Journal of Business and Entrepreneurship (IJBE) Journal on Education Jurnal Review Pendidikan dan Pengajaran (JRPP) JURNAL SAINS DAN TEKNOLOGI MARITIM Literacy : International Scientific Journals of Social, Education, Humanities Inspirasi Dunia: Jurnal Riset Pendidikan dan Bahasa Sinar Dunia: Jurnal Riset Sosial Humaniora dan Ilmu Pendidikan International Journal of Educational Development
Ariana Oktavia
Universitas Maritim AMNI
Arts Humanities Astronomy Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Electrical & Electronics Engineering Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Mechanical Engineering Social Sciences Transportation Other

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The Effect of Entrepreneurial Orientation on Sustainability Decisions in SMEs Run By Millennial Generations in Semarang, Indonesia Dewa, Adenanthera L; Oktavia, Ariana; Rahmasari, Lisda
Indonesian Journal of Business and Entrepreneurship Vol. 9 No. 3 (2023): IJBE, Vol. 9 No. 3, September 2023
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.9.3.370

Abstract

This study aims to measure the performance of SMEs run by the millennial generation by investigating the effect of entrepreneurship orientation indicators of innovation, proactivity, and risk orientation on sustainability decisions by using the mediating effect of future orientation. The research was conducted in 160 SMEs run by the millennial generation in Semarang, Indonesia. The sampling was conducted using simple random sampling, while the analysis was performed by examining path analysis using the PLS-SEM technique. The results showed significant influences of innovation, proactivity, and risk orientation on future orientation. The analysis of the mediating role of future orientation showed its capability to strengthen the effects of innovation, proactivity, and risk orientation on sustainability decisions. The findings have implications for allowing millennial generation SMEs to remain competitive in the development of the digital world by making them more future-oriented and to have a better future outlook to mitigate uncertainties in the future by optimizing innovation proactivity and risk orientation. Therefore, the factors critical for the sustainability of millennial SMEs are adjusting strategies that can seize current opportunities and develop digital capabilities and innovation strategies to compete in an increasingly competitive market. Keywords: entrepreneurship orientation, future orientation, sustainability decision, SMEs, millennial generations
Co-Authors Abimanto, Dhanan Aprillina Aprillina Aprillina, Aprillina Deni Abdillah. M Dewa, Adenanthera L Djuniawan Karna Djaja Kusuma Wardany Lisda Rahmasari, Lisda Muhamad Saleh Novita Kusumaning Tyas Nurul Hikmah Poiran Poiran Rahmat Jaya Subiyanto Subiyanto Suci Aris Yuliatin, Anna Tri Saswandi, Tri Wahyu Wijayati