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Implementation of Innovation-Based Corporate Social Responsibility Program at PT Pertamina Refinery Unit II Sei Pakning in Fostering the Entrepreneurial Spirit of Micro, Small, and Medium Enterprises Seno Andri; Mandataris Mandataris; Ruzikna Ruzikna; Endang Sutrisna; Mashur Fadli
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 3 (2022): Budapest International Research and Critics Institute August
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i3.5799

Abstract

The purpose of this study is to see the extent to which implementation of innovation-based corporate social responsibility program at PT Pertamina Refinery Unit II Sei Pakning in fostering the entrepreneurial spirit of micro, small, and medium enterprises. This type of research uses a mixed method. The selection of informants is carried out using a purposive technique consisting of the Camat, Village Head, Manager of PT Pertamina Refinery Unit II Sei Pakning, Corporate Social Responsibility Team, Head of Farmer Groups and Community Actors of Micro, Small, and Medium Enterprises. Methods of data collection is done by means of observation, interviews, questionnaires and documentation. In quantitative data analysis technique is to use statistical analysis. The results show that product innovation, process innovation, method innovation, strategy innovation, and system innovation have a significant effect on entrepreneurial spirit. The suggestion from this research is that it is better for PT Pertamina Refinery Unit II Sei Pakning made improvements to the innovations of the corporate social responsibility program that they had carried out, especially in the innovation of the system that was carried out in order to continue to involve the district and village governments, so that there was support from both parties for the progress of the assisted the entrepreneurial spirit of micro, small, and medium enterprises.
Determinants of Business Sustainability in Small and Medium Enterprises of Fish Pond Cultivation through Financial Capability Strategy and Organizational Agility Suryalena, Suryalena; Karneli, Okta; Ruzikna, Ruzikna; Mandataris, Mandataris; Febrian, Achmad Fajri
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 4 (2022): Budapest International Research and Critics Institute November
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i4.7218

Abstract

Micro, Small and Medium Enterprises (MSMEs) in the aquaculture business sector in Indonesia are able to be resistant in facing global economic changes, and are able to become the backbone of the local and national economy. In addition to being an opportunity, changes in the business environment tend to be uncertain, and become a threat that is difficult to control. The failure of SMEs in the aquaculture sector to adapt will threaten business sustainability in the future. So, it is necessary to have a strategy at the organizational level in managing these threats. This article attempts to measure the implementation of financial capability and organizational agility as antecedents of business sustainability. The unit of analysis that was measured was MSME fishpond cultivation in Kampar Regency. Based on Slovin's formula, the number of samples needed is 98 people. The data analysis process uses the SEM method through a partial least square approach. Based on the results of the analysis, fish pond cultivation SMEs in Kampar Regency have implemented all dimensions of financial capability as a strategy to take advantage of opportunities that arise in the market to create business sustainability. The results of data processing through the SEM method, one of the dimensions of the construct, namely organizational agility, gets a weak significance or probability value on business sustainability. This proves that fish pond cultivation SMEs have not optimized all their resources to adapt to changes in the business environment. The findings of this study indicate that with financial management in the aspect of human resources, agility characteristics will be created where business actors/fish pond farmers can quickly adapt to changes in technology that are currently developing, through the use of venture financing services from non-bank financial institutions.
Co-Authors Aminuyati Andri Sulistyani Aprilia, Wika Ega Minata Praynita Ega Endang Sutrisna Endang Sutrisna endang Fadli, Mashur Febrian, Achmad Fajri Fortuna Togatorop, Afrida Deyuwi Hapsoh Hapzi Ali Hervina Amelia Hussein Al Muhtadeebillah Isna Rahma Dini Kasmiruddin, Kasmiruddin Kasmirudin Kasmirudin Lie Othman Lie Othman Mardiana Mardiana Mariaty Ibrahim Meyzi Heriyanto Narta, Zhafira Yulia Natasha Ardiyanti Novelia, Sindy Novi Andryani Nurmalinda Okta Karneli, Okta Rudi Wahyudi Ruzikna Ruzikna Ruzikna, Ruzikna Sahzira, Rizma Salsabila, Hana Seno Andri Seno Andri Suryalena, Suryalena Sutikno, Sigit Syofiatul Safitri Trisma, Trisma Wawan Wawan