Journal of Business Administration and Entrepreneurship Innovation
Vol. 1 No. 1 (2024): Journal of Business Administration and Entrepreneurship Innovation

Innovation-Based Entrepreneurship Model: An Analysis of Factors Driving Sustainable Business Growth Among Young Entrepreneurs

Ni Made Widhi (Politeknik Negeri Jakarta)
Fachri Aditya (Politeknik Negeri Jakarta)



Article Info

Publish Date
25 Jun 2024

Abstract

This study examines the Innovation-Based Entrepreneurship (IBE) model to identify the factors that drive sustainable business growth among young entrepreneurs. Recognizing that innovation and entrepreneurial orientation are vital in navigating dynamic markets, this research analyzes how these elements contribute to long-term business growth and sustainability. Data were gathered from a sample of 200 young entrepreneurs across different sectors, and analysis was conducted using SPSS to evaluate relationships among innovation capabilities, entrepreneurial orientation, and support systems, such as mentorship and financial access. Findings indicate that innovation capabilities and a strong entrepreneurial orientation significantly impact sustainable business growth, and the availability of external support further strengthens this relationship. These results provide a foundation for enhancing entrepreneurship development strategies.

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Journal Info

Abbrev

baeinnovation

Publisher

Subject

Description

Journal of Business Administration and Entrepreneurship Innovation (JBAEI) is a peer-reviewed academic journal that publishes research findings and reviews in the fields of business administration and entrepreneurship innovation. The journal is published twice a year, in June and December, by ...