Mendong, Muh. Mu'min
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The Role of Social Capital in Entrepreneurial Success in the Digital Economy Mendong, Muh. Mu'min
Journal of Economic Growth and Development Review Volume 2 Issue 1 March 2025
Publisher : Professorline

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62012/jegar.v2i1.16

Abstract

This study explores the role of social capital in entrepreneurial success in the context of Indonesia’s digital economy. Social capital, encompassing social networks, trust, and norms of reciprocity, has become a critical factor in the rapidly growing digital entrepreneurship ecosystem. Using a mixed methods approach that combines a survey of 150 digital entrepreneurs and in-depth interviews with 15 entrepreneurs, this study investigates how three dimensions of structural, relational, and cognitive social capital contribute to different aspects of entrepreneurial success. The results of the Structural Equation Modeling (SEM) analysis show that the structural dimension of social capital has a strong influence on business growth and innovation, the relational dimension has a significant impact on financial performance and sustainability, while the cognitive dimension contributes to business innovation and sustainability. Qualitative analysis reveals the importance of “authentic digital social capital” that emphasizes the quality of interactions and engagement over the quantity of connections. This study also finds a moderating effect of the type of digital venture and the stage of venture development, underscoring the importance of a contextual approach in social capital development strategies. The theoretical and practical implications of these findings are discussed in the context of developing a sustainable digital entrepreneurship ecosystem.
The Impact of Climate Change on Economic Growth and Development in Sub-Saharan Africa Mendong, Muh. Mu'min
Journal of Economic Growth and Development Review Volume 1 Issue 1 March 2024
Publisher : Professorline

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62012/jegar.v1i1.6

Abstract

Climate change harms economic sectors in sub-Saharan Africa, especially agriculture, tourism, forestry, and the energy sector. By 2050, climate change could cost more than 3 percent of GDP and threaten more than 100 million people in Africa with food insecurity, poverty, and displacement. Several African countries, such as Ethiopia, have agreed on several action plans to strengthen measures to combat climate change, such as developing light industry, aviation, and infrastructure. This study aims to analyze how climate change affects productivity and economic growth in sub-Saharan Africa and make policy recommendations to reduce these adverse effects.