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Achmad Muchayan
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achmad.muchayan@narotama.ac.id
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ijebd@narotama.ac.id
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NAROTAMA UNIVERSITY AR HAKIM 51 SURABAYA INDONESIA www.narotama.ac.id
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IJEBD (International Journal Of Entrepreneurship And Business Development)
Published by Universitas Narotama Surabaya
ISSN : 25974750     EISSN : 25974785     DOI : https://doi.org/10.29138/ijebd
Core Subject : Economy,
Economics, Econometrics & Finance
Focus and Scope IJEBD International Journal of Entrepreneurship and Business Development is an international, peer-reviewed journal publishing articles on all aspects of Entrepreneurship and Business Development. All accepted articles will be published on payment of an article-processing charge, and will be freely available to all readers with worldwide visibility and coverage. Section Policies Articles Open Submissions Indexed Peer Reviewed Attachment Open Submissions Indexed Peer Reviewed
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 19 Documents
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Search results for , issue "Vol 7 No 4 (2024): July 2024" : 19 Documents clear
Challenges of Government Funding Model on Public Universities Letsebe, Lametse Nono; Ebewo, Patrick Ebong; Nesamvuni, Alufheli Edgar
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 7 No 4 (2024): July 2024
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v7i4.2573

Abstract

Purpose: The purpose of this study was to examine the challenges posed by the funding model on the transformation of public universities into entrepreneurial universities in Botswana to determine how the model affects or influence the adoption of an entrepreneurship model in public universities. Design/methodology/approach: A qualitative study with 30 participants from four (4) public universities was conducted with the use of a semi structured interview. The sample was drawn from top management in each of the universities. Data was transcribed, coded and grouped into themes with the use of Atlas ti software version 22. Findings: Government funding model hinders the transition of public universities into entrepreneurial universities. Firstly, the funding model is bureaucratic in nature. Secondly, the model forces public universities to operate from a zero budget. Thirdly, the model encourages irresponsible spending. The less funds a university utilizes the higher the cut in funding in the next budget allocation cycle. Fourthly, the funding model has a short budget cycle which hinder public universities to conduct long term projects which brings more financial returns compared to short term projects. Lastly, while research is seen as a key driver to aid the transformation, the model does not cater for a research and transformation budget. Research limitations/Implications: The study was limited to the enquiry of the challenges of the government funding model on the transition of Botswana public universities into entrepreneurial universities. The study focused on insights from senior management of public universities. While this formed a good basis for this exploratory study, future studies may consider a quantitative study with other key players to validate these findings. Further research is therefore recommended amongst middle management and university students in public universities. Practical Implications: This research improves knowledge in the systematic executions for developing strategies that are likely to influence and support the entrepreneurship model in Botswana's public universities. Originality/Value: This research was the first attempt to examine the challenges posed by the funding model on the transition of public universities into entrepreneurial universities in Botswana. Recommendations were made for government policy makers to review the current funding model with the view to develop a new model to support an entrepreneurship model in public universities. Paper type: Research Paper
A Leapfrog To Financial Inclusion: The Role of Mobile Money and Digital Financial Services on Financial Inclusion and Its Implications for Other Developing Economies Banda-Nyirenda, Eluphy; Seleka, Gaone Geoffrey; Mwanza, Charity Chitalu; Phiri, Thomas
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 7 No 4 (2024): July 2024
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v7i4.2604

Abstract

Purpose: This study offers a thorough empirical analysis of Botswana's current financial inclusion situation, aiming to measure and evaluate the direct impact of mobile money and digital financial services offered by mobile network operators (MNOs) and commercial banks on the financial behaviour, access to financial services, and overall financial inclusion status of the unbanked population in Botswana. These study objectives are expected to have possible implications for other developing nations or economies. Design/methodology/approach: The study adopted a pragmatic philosophy, combining positivist (qualitative) and interpretivist (qualitative) philosophies, and a mixed-methods approach to explore the experiences of the unbanked population in Gaborone, Botswana. Findings: Mobile money and digital financial services have significantly impacted the financial behaviour of the unbanked population in Botswana, providing an accessible and affordable financial platform. Additionally, there are still areas that require further research and intervention to ensure that these gains are sustainable and inclusive. This study contributes to academic knowledge in business studies and financial technologies, providing practical guidance to MNOs, regulators, banks, and policymakers, and offering marketing insights. Paper type: Research paper.
Analysis of the Influence of Product Quality and Distribution Strategy on Sales at PT Temprina Media Grafika Bekasi Sugiyanta, Yohanes; Rohadi, Muhamad
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 7 No 4 (2024): July 2024
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v7i4.2696

Abstract

Purpose: This study aims to analyze the Effect of Product Quality (X1), Distribution (X2) of Sales Volume (Y) Study on PT Temprina Media Grafika Bekasi Design/methodology/approach: The data used in this study are primary data. In this study, the sampling method using the Non Probability Sample method is Purposive Sampling. Findings: The results of this study indicate that Product Quality (X1), Distribution (X2) simultaneously have a positive significant effect on Sales Volume (Y) on PT Temprina Media Grafika Bekasi. Paper type: Research Paper
Entrepreneurial Intentions of Students Using The Shapero Entrepreneurial Event Model Indarwati, Yuniar Riska; Syahran, Syahran
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 7 No 4 (2024): July 2024
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v7i4.2731

Abstract

Objective: This research aims to examine the influence of entrepreneurship education, self-efficacy, and perceived desire on entrepreneurial intentions using the Shapero Entrepreneurial Event Model theoretical approach. Design/ methodology/ approach The population in this study was 280 Tarakan City students. The data used in this case. This research is primary data sourced from questionnaires. This research uses a quantitative approach with survey methods. Variable measurement uses a Likert scale and the sampling technique used is non-probability sampling with a purposive sampling method. The analysis technique used is SEM (Structural Equation Modeling) with SPSS and LISREL 8.80 software tools. Findings: The findings show that entrepreneurship education has a positive and significant effect on self-efficacy, self-efficacy has a positive and significant effect on entrepreneurial intentions, and perceived desire has a positive and significant effect on entrepreneurial intentions. Paper type: Research paper
Effect of Strategic Leadership on Competitive Advantage of Animal Feeds Manufacturing Firms in Upper Eastern and Central Kenya Kairira, Peter Mwika; Obuba, Robert
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 7 No 4 (2024): July 2024
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v7i4.2752

Abstract

Purpose: Over time, enhancing a company's performance had mainly involved securing a competitive position compared to industry peers. A competitive advantage results in improved performance by cultivating greater customer loyalty, heightened satisfaction, improved financial outcomes, and a larger market share. As a result, organizations were increasingly working to strategically position themselves within their industries to surpass competitors. Despite implementing various strategic changes to maintain a competitive edge, companies in the animal feed manufacturing sector, including those in the central and upper east regions of Kenya, confront intense competition from both established and new players. This study aimed to evaluate the impact of strategic leadership on the competitive advantage of animal feed manufacturing firms in Upper Eastern and Central Kenya. Design/methodology/approach: The competitive advantage theory will provide insights into the research. Employing an explanatory research design, the study focused on 96 animal feed manufacturing firms in Central and Upper Eastern Kenya. The research adhered to ethical standards and principles, presenting the findings through charts and tables. Charts and tables were utilized to present the findings of the study. Findings: The conclusions drawn from the results suggest that the adoption of strategic leadership exhibits a constructive and considerable influence on competitive advantage within Animal feeds manufacturing firms in Central and Upper Eastern Kenya. The study advises animal feeds manufacturing firms to prioritize bolstering strategic leadership across managerial echelons, from mid-level managers to top executives, to ensure they grasp their responsibilities in fostering and preserving competitive advantage over the long haul. Paper type: Research paper
A Critical Analysis of the Relationship Between Visioning and Digital Transformation in the Insurance Industry Malambo, Maalila
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 7 No 4 (2024): July 2024
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v7i4.2765

Abstract

Purpose: This critique assesses "The Effect of Visioning on Digital Transformation in the Insurance Industry" by Chiguvi, Zaranyika, Marozwa, and Dube (2023), focusing on its objectives, methodology, findings, and conclusions. It highlights the importance of visioning in digital transformation within the insurance sector and evaluates the study's research framing, literature review, methodology, findings, and discussions. Design/methodology/approach: The study employs a positivist research philosophy and a quantitative approach, utilizing quota sampling to gather data from employees and senior management in the Zimbabwean insurance industry. Findings: The findings indicate a significant positive relationship between visioning and digital transformation, consistent with previous research. Research limitations/implications: The study's limitations include the absence of explicitly stated research questions, identified gaps, and detailed sampling procedures, which may impact transparency and framing. Practical implications: The study underscores the importance of visioning in digital transformation, providing valuable insights for managerial practices in the insurance industry. Originality/value: The critique emphasizes the study's contribution to understanding the role of visioning in facilitating digital transformation in the insurance sector, suggesting that further elaboration with practical examples and future research directions could enhance its academic and practical impact.
Building Apartment Developer Satisfaction with Brand Image, Value Co-Creation and Supply Chain Agility along with its Impact on Developer Loyalty Towards Apartment Contractors Setijanto, Augustinus; Hardjomuljadi, Sarwono; Sulistio, Hendrik
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 7 No 4 (2024): July 2024
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v7i4.2770

Abstract

Objective: Apartment sector is one of the important real estate sectors of a country. The aim of this research is to analyse the influence of brand image, value co-creation, and supply chain agility on customer satisfaction and its impact on developer loyalty to apartment contractors. The novelty of this research lies in analyzing the influence of brand image, value co-creation, and supply chain agility on customer satisfaction simultaneously in the context of the apartment construction industry. Design/ methodology/ approach: This research uses a quantitative approach with structured equation modeling using smartPLS. The population of this research is apartment developers in Indonesia. Findings: The results of this research show that brand image, value co-creation, and supply chain agility have a positive and significant influence on customer satisfaction. This research has theoretical implications for expectancy disconfirmation theory and service dominance logic. The managerial implications of this research are on apartment contractors' strategies for gaining developer satisfaction and loyalty. Paper type: Research paper
Risk Factors and Effectiveness of Implementing Multi-Construction Projects for Development of Industrial Facility Sector in Indonesia Siahaan, Saut B; Alisjahbana, Sofia W.; Gondokusumo, Onnyxiforus
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 7 No 4 (2024): July 2024
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v7i4.2800

Abstract

Purpose: Multi-project management of industrial facility construction has high challenges and complexity. Various factors influence the effectiveness and risks of multi-project implementation. A separate management method is required in implementing multi-projects compared to single projects. An organization must manage multiple projects using organizational resources and personnel. This research aims to obtain best practices in managing multi-project construction of industrial facilities in Indonesia and understand the cause and effect and influence between variables. Design/ methodology/ approach: This research uses a qualitative approach based on literature observations, reviews, and surveys of the construction sector of industrial facilities in Indonesia. Survey data were analyzed by looking for essential themes related to the research questions. The survey results show that six factors and 50 important variables influence the implementation of multi-project industrial facility construction. These factors are human resources, organization, environment, construction, external, design & technical, and business. Findings: This research provides an overview of the practices and challenges of multi-project management of industrial facility construction in Indonesia. This research also provides recommendations for developing dynamic system models that can assist in managing the risks and impacts of multi-project implementation. Paper type: Research paper
The Influence of Good Corporate Governance, Profitability, Leverage on Company Value Moderated by Company Size Putri, Siti Qibtiyah Septiani; Suryani, Desi; Yulianto, Agung
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 7 No 4 (2024): July 2024
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v7i4.2801

Abstract

Purpose: Company value is one of investor’s consideration before making invesment decision. The aim of the research carried out is to analyze influence, profitability, GCG (Good Corporate Governance), company size and leverage on company value. Design/methodology/approach: In this research, a population is applied in the form of food and beverage sector manufacturing companies on the BEI (Indonesian Stock Exchange) list for 2019-2022. As the following research sample uses a purposive sampling method, so that what is obtained is a total of 19 business entities. This research applies a type of data in the form of secondary data. In carrying out the research, data analysis was used in the form of multiple linear regression. Findings: A conclusion was obtained in the form of profitability and leverage having an influence on the value of the company, in contrast to managerial ownership, independent board of commissioners, audit committee, and company size as moderators having no influence on the value of the company. Paper type: Research Paper
A Model for Strengthening Learning Achievement Through an Approach to the Use of Social Media and Learning Motivation Sijabat, Rauly; Indriyani, Kristin Anita; Purwantini, Sri; Sulistiyowati, Elly; Djari, Janny Adriani
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 7 No 4 (2024): July 2024
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v7i4.2802

Abstract

Purpose: Student learning achievement is the output of an educational institution. Achievement of learning achievement is determined by external and internal factors of students. Therefore, the learning achievement of each student varies. This phenomenon prompted this research to examine the influence of the use of social media as an external factor in learning achievement and learning motivation as an internal factor in learning achievement on learning achievement using empirical data. Design/methodology/approach: The research was conducted on 146 cadets of the Semarang Maritime Science Polytechnic (PIP) which was carried out through interviews using a questionnaire. The data obtained was then analyzed using the Structural Equation Modeling (SEM) approach. Findings: From the results of this research it can be proven that social media is statistically proven to have a significant positive effect on learning motivation and learning achievement and learning motivation is statistically proven to have a significant positive effect on learning achievement Research limitations/implications: This research has not categorized internal and external factors. Practical implications: Based on the results of this research, to improve student learning achievement, it can be done through two approaches. First, learning achievement can be improved by increasing students' learning motivation. The second approach to improving learning achievement is through the use or utilization of social media. Originality/value: This research focuses on vocational education. Paper type: Research Paper

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