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Putra, Gamal Stia
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Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

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Entrepreneurial Orientation And Its Effect On The Success Of Small Businesses Putra, Gamal Stia; David, Wahyudi
Journal of Business Social and Technology Vol. 6 No. 2 (2025): Journal of Business, Social and Technology
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jbt.v6i2.520

Abstract

Entrepreneurial orientation (EO) has been widely recognized as a crucial driver of business success, particularly for small enterprises operating in competitive markets.  This study aims to address this gap by examining the impact of EO on small business success in Indonesia. This study investigates the effect of EO dimensions—innovativeness, proactiveness, and risk-taking—on the success of small businesses in Indonesia. Using a quantitative approach with survey data collected from 150 small business owners across various sectors, the study applies multiple regression analysis to assess the relationships. The results reveal that innovativeness and proactiveness have a significant positive effect on business success, while risk-taking shows a moderate influence. These findings underscore the importance for small business owners to adopt innovative practices and proactively capitalize on market opportunities while mitigating risk. This research contributes to the growing body of literature on entrepreneurship in emerging markets, offering practical insights for entrepreneurs and policymakers on fostering small business growth.
Entrepreneurial Orientation And Its Effect On The Success Of Small Businesses Putra, Gamal Stia; David, Wahyudi
Journal of Business Social and Technology Vol. 6 No. 2 (2025): Journal of Business, Social and Technology
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jbt.v6i2.520

Abstract

Entrepreneurial orientation (EO) has been widely recognized as a crucial driver of business success, particularly for small enterprises operating in competitive markets.  This study aims to address this gap by examining the impact of EO on small business success in Indonesia. This study investigates the effect of EO dimensions—innovativeness, proactiveness, and risk-taking—on the success of small businesses in Indonesia. Using a quantitative approach with survey data collected from 150 small business owners across various sectors, the study applies multiple regression analysis to assess the relationships. The results reveal that innovativeness and proactiveness have a significant positive effect on business success, while risk-taking shows a moderate influence. These findings underscore the importance for small business owners to adopt innovative practices and proactively capitalize on market opportunities while mitigating risk. This research contributes to the growing body of literature on entrepreneurship in emerging markets, offering practical insights for entrepreneurs and policymakers on fostering small business growth.
Entrepreneurial Orientation and its Effect on the Success of Small Businesses Putra, Gamal Stia; David, Wahyudi
Journal of Business Social and Technology Vol. 6 No. 2 (2025): Journal of Business, Social and Technology
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jbt.v6i2.520

Abstract

Background: Entrepreneurial orientation (EO) has been widely recognized as a critical driver of business success, particularly for small enterprises operating in highly competitive markets. However, empirical evidence on the role of EO in supporting small business success in emerging economies, including Indonesia, remains limited. Objective: This study aims to examine the impact of entrepreneurial orientation on small business success in Indonesia, focusing on the dimensions of innovativeness, proactiveness, and risk-taking. Methods: A quantitative research approach was employed using survey data collected from 150 small business owners across various sectors. Multiple regression analysis was applied to evaluate the relationships between entrepreneurial orientation dimensions and small business success. Results: The findings indicate that innovativeness and proactiveness have a significant positive effect on small business success, while risk-taking demonstrates a moderate influence. Conclusion: These results highlight the importance of adopting innovative practices and proactive market strategies while carefully managing risk to enhance small business performance. This study contributes to the entrepreneurship literature in emerging markets and provides practical insights for entrepreneurs and policymakers in fostering sustainable small business growth.
Co-Authors Wahyudi David