West Science Business and Management
Vol. 2 No. 01 (2024): West Science Business and Management

The Effect of Social Entrepreneurship, Government Support on Local Economic Performance in Indonesia, and the Impact of Local Initiatives Mediated by Intellectual Capital

Rahmaddian, Rahmaddian (Unknown)



Article Info

Publish Date
28 Mar 2024

Abstract

This study explores the relationship between intellectual capital, government support, social entrepreneurship, and local economic success in Indonesia. Data were gathered from a broad sample of respondents who represented local businesses, government authorities, and social entrepreneurs using a quantitative research approach. The study utilized structural equation modeling (SEM) in conjunction with partial least squares (PLS) analysis to investigate the correlations between the variables. The results show that social entrepreneurship and government assistance have a major positive impact on local economic performance. It was also shown that intellectual capital acted as a mediator in these partnerships, underscoring its critical function in converting government assistance and social entrepreneurship into concrete economic results. The study highlights the significance of creating an environment that is supportive of entrepreneurship and innovation and advances our knowledge of the mechanisms driving economic progress in Indonesia. The knowledge gained from this study has important ramifications for stakeholders, practitioners, and policymakers who want to encourage local sustainable economic growth.

Copyrights © 2024






Journal Info

Abbrev

wsbm

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

The Editors invite writers and experts to publish and share their ideas through scientific and empirical research in the field of Management and Business. The main objective of this publication is to improve theory, concept, and practice in the field of management and business. Dissemination of ...