West Science Journal Economic and Entrepreneurship
Vol. 1 No. 02 (2023): West Science Journal Economic and Entrepreneurship

The Effect of Business Environment and Resource Adequacy on SME Performance

Jaluanto Sunu Punjul Tyoso (Universitas 17 Agustus 1945 Semarang)
Mei Rani Amalia (Universitas Pancasakti Tegal)
Dwi Urip Wardoyo (Telkom University)



Article Info

Publish Date
28 Feb 2023

Abstract

The present quantitative analysis delves into the complex dynamics that effect the performance of Small and Medium Enterprises (SMEs) in Indonesia. Specifically, the study examines the influence of resource adequacy and the business climate. Regression analysis is used in this robust research design study to investigate the links between SME performance and financial resources, human resources, regulatory frameworks, market competition, technical advancements, and economic conditions and technological resources. The results show complex correlations, highlighting the importance of regulatory assistance, economic stability, competitive market responses, and thorough resource management for the success of small and medium-sized enterprises. The research offers concrete insights that will assist policymakers, business practitioners, and the academic community, adding to the continuing conversation on SME development in Indonesia.

Copyrights © 2023






Journal Info

Abbrev

wsee

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Economics and Entrepreneurship published since 2023 by Westscience Press. Editors receive scientific articles from research results, surveys, and literature reviews closely related to the Economics and Entrepreneurship sectors. WSJEE is a peer-reviewed and open-access scientific magazine. ...