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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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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 17 Documents
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Search results for , issue "Vol 8 No 2 (2025): March 2025" : 17 Documents clear
Infrastructure Financing: Trends, Challenges, and Future Directions Mustapha, Isiaka Kolawole
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 8 No 2 (2025): March 2025
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v8i2.3023

Abstract

Purpose: Infrastructure financing is critical for global development, yet it remains constrained by challenges such as funding deficits, regulatory complexities, and the need for sustainable and technologically driven solutions. The review aims to explore trends, challenges, and future directions in infrastructure financing, providing a comprehensive synthesis of current knowledge and identifying gaps for further research. Methodology: This systematic literature review (SLR) adopts the PSALSAR methodology—Protocol development, Search, Appraisal, Literature synthesis, Analysis, and Report writing—to analyse 72 peer-reviewed studies published between 2014 and 2024. Findings: A structured search across academic databases yielded relevant literature, which was rigorously appraised against predefined inclusion criteria. The thematic analysis revealed key trends, including the growing reliance on public-private partnerships (PPPs), the integration of digital technologies like fintech and blockchain, and the emergence of green financing instruments such as green bonds and Islamic bonds. Key challenges identified include inadequate risk-sharing mechanisms, regulatory inconsistencies, and socio-political uncertainties. Also, 75% of the studies on infrastructure financing are dominated by articles from developing countries. This SLR recognizes knowledge gaps in relation to the context, theory and content for future research. Originality/value: This paper is original
INVESTIGATING THE SUPPLY SIDE DETERMINANTS OF BLOCKCHAIN TECHNOLOGY ADOPTION FOR ENTREPRENEURIAL FINANCING- A TWO STAGED APPROACH Kuhlengisa, Mcintosh Mufunani; ERESIA-EKE, CHUKUAKADIBIA
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 8 No 2 (2025): March 2025
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v8i2.3027

Abstract

Access to financing is vital for the growth of entrepreneurial firms in emerging economies like South Africa. Technological innovations such as blockchain can reduce transaction costs and disrupt traditional models, offering benefits like reliability, trust, security, and efficiency. However, adoption barriers persist, including infrastructure limitations and the emerging nature of the technology. This study employs a quantitative approach to investigate factors affecting the adoption of blockchain technology among employees of entrepreneurial financing firms through an online survey. Using Partial Least Squares Structural Equation Modelling and Artificial Neural Network Analysis (PLS-SEM ANN), the findings indicate that facilitating conditions, social influence, anxiety, and attitude significantly impact the behavioral intention to adopt blockchain, while effort expectancy, performance expectancy, and self-efficacy do not. The study recommends creating supportive environments, leveraging social networks, addressing anxiety, and fostering positive attitudes toward blockchain. It suggests investing in infrastructure, increasing awareness of blockchain benefits, improving communication to alleviate anxieties, and showcasing success stories to enhance adoption
The challenges affecting entrepreneurial intentions amongst sport management students at a South African University. Zwane, Bonginkosi Siyethemba
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 8 No 2 (2025): March 2025
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v8i2.3055

Abstract

The uniqueness of sports, given the spread of entrepreneurship in industries and organizations, has provided dynamic opportunities for entrepreneurs. This study investigates the challenges affecting sport management student entrepreneurial intentions at a South African university. A qualitative, explanatory research design was employed, utilising structured interviews with ten undergraduate sport management students. The data was analysed using thematic analysis through ATLAS.ti software. The results indicate that a significant number of students perceive entrepreneurship as a viable solution to combat the high unemployment rate in the sports industry. Key challenges identified include a lack of entrepreneurial skills, insufficient support from family and peers, and limited access to resources. The study highlights the necessity for universities to integrate entrepreneurial education into their curricula to enhance entrepreneurial mindset and self-efficacy. The findings suggest that addressing these challenges through targeted educational strategies can empower sport management students to pursue entrepreneurial ventures, thereby contributing to their employability and the growth of the sports sector. This will provide room for improvement among tertiary education, government, and subjective norms, such as family, friends, and significant others. The primary focus will be on tertiary institutions to help them identify strategies for addressing sport management students' entrepreneurial intentions.
Sustainable Land Management (SLM) Practices in Drylands: How Do They Address Desertification Threats? Zachariah, Samuel; Mpundu, Mubanga
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 8 No 2 (2025): March 2025
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v8i2.3073

Abstract

Desertification poses a significant and growing threat to drylands worldwide, profoundly impacting biodiversity, livelihoods, and food security. These regions, covering approximately 41% of the Earth's land surface and inhabited by over 2 billion people (United Nations, 2019), are particularly vulnerable due to their low precipitation and fragile ecosystems. Desertification, driven by climatic variations and human activities, leads to the degradation of land, diminishing agricultural productivity, deteriorating water quality, and exacerbating poverty (D'Odorico et al., 2013). In response to these challenges, Sustainable Land Management (SLM) practices have emerged as critical tools in combating desertification and restoring ecological balance in drylands. SLM encompasses a diverse array of strategies aimed at sustainably managing land resources to enhance soil fertility, conserve water, and support resilient agricultural and pastoral systems. These practices not only mitigate the adverse effects of desertification but also contribute to the sustainable development goals by improving ecosystem health and supporting local livelihoods. This paper explores the various SLM practices implemented in drylands, evaluating their effectiveness in mitigating desertification threats through a synthesis of case studies and scientific evidence. By highlighting successful strategies and identifying challenges in the adoption and implementation of SLM practices, this study aims to provide insights into enhancing sustainable land management strategies in the face of escalating desertification pressures.
Marketing Strategies in Increasing Turnover and Product Quality of Msme KSM Berkah Nuryadi, Nuryadi; Zaman, Komarun; Utomo, Priyo; Arifin, Syamsul; Adhitya Pratama, Devangga Putra
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 8 No 2 (2025): March 2025
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v8i2.3098

Abstract

Srikandi Tempe Chips is engaged in the small food industry at this time, Srikandi Tempe Chips companies are competing in very tight competition in retaining customers. So, companies must really consider marketing strategies in order to improve product quality. The type of research used in this study is a qualitative approach, which aims to find out a good marketing strategy, which is associated with the strengths, weaknesses, opportunities and threats owned by UMKM KSM Berkah in increasing turnover and product quality. From the results of this study that has been carried out, it shows that Srikandi Tempe Chips are successful in implementing marketing strategies using SWOT analysis.
The Influence of Sales Growth and Company Size on Tax Avoidance in Manufacturing Companies Listed on The BEI for The Period 2018-2020 Arifin, syamsul; Anindiyadewi, Nabila Carissa; Nuryadi, Nuryadi; Adhitya Pratama, Devangga Putra; Anisa, Nur Aini
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 8 No 2 (2025): March 2025
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v8i2.3099

Abstract

This research aimed to analyze the effect of sales growth and firm size against tax avoidance on manufacturing companies registered in BEI for the period 2018-2020. The populations used in this study were 26 food and beverage sub-sector companies listed on the Indonesia Stock Exchange (BEI) in 2018-2020. The sample selected based on the purposive sampling method of 17 companies. The analysis technique used in this research is descriptive statistical analysis, classical assumption test, multiple linear regression analysis, and hypothesis testing. The result of the analysis showed that sales growth has no significant effect partially on tax avoidance. This means that the company's sales growth has no effect on tax avoidance. Firm size has a significant negative effect partially on tax avoidance. This means that the larger a company is, the lower the practice of tax avoidance. Meanwhile, sales growth and company size simultaneously have a positive effect on tax avoidance.
Strategy Management STRATEGIC MANAGEMENT TO IMPROVE THE QUALITY OF EDUCATION IN THE DIGITAL ERA (Case Study at SMA Negeri 15 Surabaya) Wilujeng Ardana Neswari, Widantining Tyas
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 8 No 2 (2025): March 2025
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v8i3.3129

Abstract

Education in the digital era presents new challenges and opportunities for education management. This article discusses educational strategy management that can be used to improve the quality of education in the digital era. This study uses a descriptive qualitative method with data collection in the form of interviews, documentation, and observation. This article describes several educational management strategies that can be applied, including the use of digital technology in teaching and learning, human resource management in the digital era, curriculum development that is relevant to technology, and the application of learning models that are appropriate to the digital era. This article also discusses the challenges and opportunities faced in implementing these strategies, including change management, adaptive education policies, and teacher professional development in the digital era. This research was conducted at SMA Negeri 15 Surabaya where the subjects of the study were the principal or vice principal, curriculum field, and economic education teachers . In the digital era, adaptive and technology-oriented educational management strategies are the key to improving the quality of education. The use of digital technology in teaching and learning, human resource management oriented to the digital era, curriculum development that is relevant to technology, and the application of learning models that are in accordance with the digital era are steps that can be taken to improve the quality of education in the digital era. However, challenges such as change management, adaptive education policies, and teacher professional development remain important focuses in the implementation of these strategies.
DEVELOPMENT OF MARKETING AND PROMOTIONAL STRATEGIES SAMARINDA CITY MSME USES AN INTEGRATED MARKETING COMMUNICATION APPROACH Tisya Ayu Andriani, Imam Nazarudin L, Risdayanti Dedy Effendi, Yonathan Luhat,
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 8 No 2 (2025): March 2025
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v8i2.3183

Abstract

The Indonesian economy is required to be more creative, the creativity of entrepreneurs, especially medium and small businesses is really required to maintain their businesses. The addition of creativity of these entrepreneurs is called the creative economy which is a development of the economic sector. The purpose of this study is to develop marketing and promotional strategies to boost the creative economy of Samarinda City that are proactive and sustainable. Samarinda City MSME entrepreneurs are expected to be able to improve quality and quality, as well as open up employment opportunities. MSMEs are expected to be able to survive and be competitive in the era of globalization and digitalization. MSME entrepreneurs are expected to have high creativity and innovation. This study uses a descriptive qualitative approach, data analysis using time triangulation. Data collection techniques through in-depth interviews and observations on social media. The results of this study explain that Samarinda City MSMEs are able to maintain their businesses and can increase sales because they implement the marketing and promotional strategies developed, namely integrated marketing communications which are currently very popular among entrepreneurs. MSMEs can increase their sales by using direct marketing, online marketing, sales promotion and advertising for marketing. As a result, MSMEs can survive and increase sales by two-fold and can add employees and are able to develop businesses outside the region. In the future, MSMEs in Samarinda City must optimize the use of features on social media such as creating content more often and uploading it on social media to increase engagement (online marketing) and advertising which can ultimately increase sales and brand awareness and make innovations for the latest and contemporary products.
THE IMPACT OF CELEBRITY ENDORSEMENT ON PURCHASE DECISION OF MS GLOW PRODUCTS, THROUGH BRAND TRUST ON GEN Z FACTORY WORKERS IN JEPARA DISTRICT Musthofa, Calvin Nuril
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 8 No 2 (2025): March 2025
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v8i2.3191

Abstract

ABSTRACT Purpose: This study examines the impact of celebrity endorsements on purchase decisions, with brand trust as a mediating variable, in the context of the Indonesian cosmetics industry, specifically MS Glow. Design/methodology/approach: A quantitative research approach was applied, utilizing a sample of 400 Gen Z garment workers in Jepara district. Data were analyzed using Structural Equation Modeling (SEM) with Smart-PLS version 4.0, including outer model testing, inner model testing, mediation testing, and hypothesis testing. Findings: The results indicate that Celebrity Endorsement (X1) has a positive and significant influence on Brand Trust (Z1) and Purchase Decision (Y1). Additionally, Brand Trust (Z1) significantly influences Purchase Decision (Y1). Mediation analysis confirms that Brand Trust (Z1) partially mediates the relationship between Celebrity Endorsement (X1) and Purchase Decision (Y1). Research limitations/implications: This study is limited to Gen Z garment workers in Jepara, which may restrict generalizability to other demographics or regions. Future research could explore different age groups or industries. Practical implications: The findings provide insights for cosmetic brands on leveraging celebrity endorsements to enhance brand trust and influence consumer purchase decisions. Originality/value: This study contributes to the literature by empirically validating the mediating role of brand trust in the relationship between celebrity endorsement and purchase decision, specifically in the Indonesian cosmetics market. Paper type: Research paper Keyword: Celebrity endorsement, brand trust, purchase decision
THE INFLUENCE OF COMPENSATION, LEADERSHIP AND MOTIVATION ON EMPLOYEE PERFORMANCE AT CV. ARTHENIS TRAVEL Ulumiyah, Khoiriyatul; Utomo, Priyo; Arifin, Syamsul; Adhitya Pratama, Devangga Putra; Waloyo, Waloyo
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 8 No 2 (2025): March 2025
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v8i2.3199

Abstract

Purpose: The purpose of the present research is to outline the impact of compensation, leadership and encouragement for staff efficiency at CV. Arthenis Travel. Design/Methodology/Approach: Descriptive quantitative methods is used in this study. The research instrument was a questionnaire distributed to participantss. The All of the participants in the current research were CV staff members. Arthenis Travel, with thirty-three individuals. The entire sample is the method used for sampling. A multiple linear regression technique was used for the data analysis, while SPSS software was used for the data processing. Findings: According to the study's t-test results, the compensation variable (X1) has a computed t value that is less than the t table, specifically -2.011 < 2.045. This indicates that, to some extent, the compensation variables has no discernible and favorable impact on the performance of employees (Y) at CV. Arthenis Travel. Performance of employees (Y) at CV. Arthenis Travel is positively and significantly impacted by the leadership variable (X2), in light of the determined t quantity of 20.445 > 2.045, which is higher than the t table. The calculated t value for the motivation variable (X3) is higher than the t table, specifically 4.943 > 2.045. This indicates that the motivational variable exerts a considerable and advantageous effect on the performance of workers (Y) at CV. Arthenis Travel. The computed F value was determined to be bigger than the F table, specifically 122.093 > 2.93, due to the F test findings. This demonstrates how, all at once, the variables of motivation (X3), leadership (X2), and compensation (X1) have a favorable and noteworthy impact on the performance of employees (Y) at CV. Arthenis Travel. Research limitations/implications: The findings of this study are expected to be used as a reference by subsequent researchers. Practical implications: With the findings of this study, it is expected that CV. Arthenis Travel can create a supportive work environment, improving optimal employee performance. Originality/value: The present research is the initial inquiry carried out by researchers. at CV. Arthenis Travel on employee performance. Paper type: Research paper

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