Jurnal Ekonomi
Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023

FACTORS INFLUENCING THE SUCCESS OF EMPING MELINJO MICRO SMALL ENTERPRISE BASED ON CREATIVE ECONOMY IN ALUR GADUNG VILLAGE, SAWIT SEBARANG DISTRICT, LANGKAT DISTRICT

Sandi Pranata (Universitas Islam Negeri Sumatera Utara Medan)
Yusrizal Yusrizal (Universitas Islam Negeri Sumatera Utara Medan)
Budi Dharma (Universitas Islam Negeri Sumatera Utara Medan)



Article Info

Publish Date
26 Oct 2023

Abstract

The purpose of this study was to examine and analyze the effect of Raw Materials, Connections, and Promotion on the Success of Creative Economy-Based Micro, Small and Medium Enterprises Emping Melinjo Emping Melinjo in Langkat Regency. This research uses a quantitative descriptive approach and data is collected through questionnaires. The population in this study is the entire UMKM Industry in 2022 totaling 271 business actors, which are then used as a sample of 73 business actors. The data analysis tool used is the classic assumption method with multiple linear regression analysis, coefficient of determination, F test and t test. The results of this study indicate that: (1) Raw materials have a positive but not significant effect on business success. (2) Connection has a positive and significant effect on business success. (3) Promotion has a positive and significant effect on business success. And the value of the coefficient of determination (R2) is 0.529 which means that 52.9% of the variation in the value of business success is determined by four variables that influence business success, namely raw materials, connections, and promotions. While the rest (100% - 52.9% = 47.1%) is influenced by independent variables not examined.

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p. ISSNĀ 2301-6280, e. ISSNĀ 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts ...