International Research Journal of Business Studies
Vol. 18 No. 3 (2025): December 2025 - March 2026

An Entrepreneurial Approach to Operational Excellence and Welfare for Indonesia's Fishermen

Prakosa, Gunardi (Unknown)
Simangunsong, Eliot (Unknown)



Article Info

Publish Date
12 Dec 2025

Abstract

This study investigates the relationship between operational excellence through entrepreneurial approaches and fishermen's welfare in East Java, Indonesia. Using quantitative analysis of data collected from 195 fishermen, the research examines how creativity, innovation, opportunity recognition, and risk-taking influence welfare outcomes. Multiple regression analysis revealed that operational excellence significantly predicts fishermen's welfare, with creativity, innovation, and risk-taking emerging as significant predictors. The findings demonstrate that fostering entrepreneurial traits among fishermen can lead to improved operational excellence and enhanced welfare outcomes. This study contributes to the literature by highlighting the importance of entrepreneurial approaches in traditional sectors and provides practical implications for policymakers and fishing industry stakeholders seeking to improve fishermen's socioeconomic conditions through operational excellence initiatives.

Copyrights © 2025






Journal Info

Abbrev

jurnalirjbs

Publisher

Subject

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

Description

International Research Journal of Business Studies (IRJBS) comprises three constructs. The word “International” refers to our mission to provide readers with relevant fields of study and to involve authors in giving their contributions on an international scale. ”Research Journal” refers to ...