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Journal of Enterprise and Development (JED)
Published by Universitas Islam Negeri Mataram
ISSN : 27153118     EISSN : 26858258     DOI : https://doi.org/10.20414/jed
Core Subject : Economy,
Economics, Econometrics & Finance
Journal of Enterprise and Development (JED) (p-ISSN: 2715-3118/ e-ISSN: 2685-8258) is an international peer-reviewed journal that publishes high-quality research in economics, finance, management, entrepreneurship, and tourism, with a particular focus on enterprise development, innovation, public policy, and sustainable economic development. The journal promotes theoretically grounded, methodologically rigorous, and policy-relevant scholarship that contributes to academic debate and practical understanding of development issues in both emerging and developed economies.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 261 Documents
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Does Islamic value satisfaction mediate the impact of destination image, service quality, and tourist experience on revisit intention? Sri Asmira; Muhammad Wahyuddin Abdullah; Abdul Wahid Haddade
Journal of Enterprise and Development (JED) Vol. 6 No. 2 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i2.10842

Abstract

Purpose — The purpose of this study is to provide a description and analysis of the direct and indirect impacts of destination image, service quality, and tourist experience on revisit intention mediated by Islamic value satisfaction.Method — This research utilizes associative quantitative methods and purposive sampling techniques. The study population consists of all tourists who visited the Tongke-Tongke Mangrove Forest tourist destination. A total of 114 Muslim tourists that meet the criteria were included in the analysis. The collected data was then analyzed using Structural Equation Modeling (SEM).Result — The study found that destination image does not significantly impact Islamic value satisfaction, while service quality and tourist experience do. Destination image, service quality, tourist experience, and Islamic value satisfaction all significantly influence revisit intention. Notably, destination image does not affect revisit intention when mediated by Islamic value satisfaction, but service quality and tourist experience do.Novelty — This study focuses on sharia-based tourism research that incorporates Islamic values. Previous research has yielded inconsistent results regarding the connection between destination image, service quality, and tourist experience in relation to revisit intention. To address this, a new concept called Islamic value satisfaction is introduced, which is expected to mediate the relationship between these variables and enhance their significance.
Social media marketing and purchase decision: Insights from Indonesian MSMEs Wana Pramudyawardana Kusuma Negara
Journal of Enterprise and Development (JED) Vol. 6 No. 2 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i2.10942

Abstract

Purpose — This study aims to examine and analyze the effects of various social media marketing dimensions—entertainment, customization, interaction, and trendiness—on purchase decisions.Method — The study focuses on micro-, small-, and medium-sized enterprises (MSMEs) in Indonesia. Data were collected through an online survey of 245 consumers who actively use social media and follow at least one MSME social media account. Purposive sampling methods were used to select respondents. The data were analyzed and hypotheses tested using Structural Equation Modeling—Partial Least Squares (SEM-PLS).Result — The study confirmed that customization, interaction, and trendiness have a positive and significant effect on purchase decisions. Conversely, entertainment was found to have a non-significant effect. Among the variables, interaction had the greatest impact on driving purchase decisions.Novelty — This study focuses on micro-, small-, and medium-sized enterprises (MSMEs) in Indonesia within the context of social media marketing. MSMEs are increasingly recognizing the advantages of leveraging social media to promote their products and brands. Additionally, this research directly examines the impact of social media marketing on purchasing decisions among MSMEs in Indonesia.
Economic Impact of Halal Tourism in non-Muslim Majority Countries: A Comparative Analysis of Singapore, Thailand, and the UK Muhammad Azizurrohman; Sri Budi Cantika Yuli; Supiandi
Journal of Enterprise and Development (JED) Vol. 6 No. 3 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i3.11020

Abstract

Purpose: This study examines the economic contribution of halal tourism to the Gross Domestic Product (GDP) of Singapore, Thailand, and the United Kingdom, highlighting the significance of this market segment in non-Muslim majority countries.Method: Employing a quantitative research approach, the study utilizes multiple regression analysis to investigate the relationship between halal tourism variables (tourist expenditure, tourist arrivals, and policy implementation) and GDP. Data were collected from national tourism boards, government statistics, and relevant reports, with separate analyses conducted for each country to ensure a nuanced understanding.Result: The findings reveal a significant positive impact of halal tourism on GDP in all three countries. In Singapore, tourist expenditure and arrivals, supported by robust halal-friendly policies, substantially contribute to economic growth. Thailand shows similar positive effects, with significant contributions from tourist expenditure and policy implementation. The United Kingdom also benefits economically from halal tourism, particularly through increased tourist expenditure and the implementation of Muslim-friendly policies.Practical Implications for Economic Growth and Development: The study indicates that non-Muslim majority countries like Singapore, Thailand, and the United Kingdom can enhance their GDP by actively promoting and supporting halal tourism through targeted policies and infrastructure that cater to Muslim travelers.
Influence of Public Policy on Business Strategy: A Systematic Literature Review and Thematic Visualization Analysis Ahyar Junaedi; Mohamad Rafii; Irwani
Journal of Enterprise and Development (JED) Vol. 6 No. 2 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i2.11104

Abstract

Purpose — The primary purpose of this study is to investigate how political decisions and public policies shape the formulation and implementation of business strategies across various organizational contexts.Method — Following the PRISMA guidelines, this study commenced with an extensive search in the Scopus database, initially identifying 281 articles. However, after rigorous relevance and quality screenings, only six articles were selected. VOSviewer was then employed for advanced visual analytics to explore the interconnections and thematic developments within the academic discourse, providing deeper insights into the literature's structure and evolution.Result — The findings reveal a complex interplay between business strategies and public policies, where alignment with governmental directives is associated with increased innovation and market adaptability. Conversely, misalignments tend to result in higher compliance costs and reduced strategic agility. The visualizations highlight key areas such as sustainability, regulatory frameworks, and strategic management, underscoring their crucial roles in shaping how businesses respond to policy changes.Novelty — This Systematic Literature Review (SLR) combines thematic visualizations with systematic data analysis to provide a clearer understanding of the dynamic relationship between policy decisions and business strategies. This approach not only reveals the current state of research but also traces the evolution of key themes over time, offering insights into the shifting focuses of both academic and practical perspectives.
Eco-Innovation Adoption in Emerging Markets: Analyzing Managerial and Environmental Factors in Indonesian SMEs Fansuri Munawar; Keni Kaniawati; Rini Handayani; Andhi Sukma; Aditya Yudanegara; Sri Wiludjeng SP
Journal of Enterprise and Development (JED) Vol. 6 No. 2 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i2.11124

Abstract

Purpose — This study examines the influence of managerial and environmental factors on the adoption of eco-innovation practices to improve business sustainability in small manufacturing firms.Method — The research employs a quantitative approach, gathering primary data from 110 owners and managers of small manufacturing firms in Bandung, Indonesia. Structural Equation Modeling (SEM) is utilized to analyze the relationships between managerial and environmental drivers, eco-innovation practices, and business sustainability. The data was analyzed using the Partial Least Squares (PLS) method via SmartPLS 3.0 software.Result — The study's findings demonstrate that both managerial drivers (such as eco-commitment, eco-efficiency, and eco-capability) and environmental drivers (including eco-consumer demand, eco-regulation, and eco-competition) have a significant positive impact on the adoption of eco-innovation practices. These eco-innovation practices, in turn, significantly contribute to enhancing business sustainability. This underscores the importance of integrating sustainable practices into business operations and proactively responding to environmental pressures to achieve long-term competitive advantage.Novelty — This research offers new insights by focusing on small manufacturing firms in an emerging market—a context that has been relatively underexplored in existing literature. Unlike previous studies that mainly target large enterprises or developed markets, this study highlights the critical role of eco-innovation in promoting sustainability within small firms in Indonesia. Moreover, it distinguishes the unique impacts of both managerial and environmental drivers, providing a more comprehensive understanding of the factors that motivate the adoption of eco-innovation practices in small enterprises.
The Impact of Cost Management Practices on Firm Profitability of Sri Lankan Manufacturing Companies during the COVID-19 Mohamed Saleem Ahamed Riyad Rooly; Subaideen Issath Nimsith; Baiq El Badriati
Journal of Enterprise and Development (JED) Vol. 6 No. 3 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i3.11142

Abstract

Purpose: This study examines the effect of cost management practices on the profitability of listed manufacturing companies in Sri Lanka, focusing on the application of Activity-Based Costing (ABC) during the COVID-19 pandemic.Method: The study employs quantitative methods to analyze secondary data from the annual reports of 70 listed manufacturing companies between 2019 and 2023. Data analysis was conducted using SPSS software, including tests for correlation, multiple regression analysis, data stationarity, autocorrelation, and multicollinearity.Result: The findings reveal a significant negative correlation between direct material costs and profitability, suggesting that effective management of material costs through ABC enhances financial performance. Similarly, direct labor costs also show a significant negative relationship with profitability, emphasizing ABC's role in optimizing labor costs to increase profits. Factory overhead costs exhibit a significant negative correlation with profitability, highlighting ABC's effectiveness in reducing non-productive overheads. In contrast, administrative expenses have an insignificant impact on profitability, indicating the limited efficacy of ABC in managing these costs. Overall, the results affirm ABC's utility in controlling production-related costs but suggest the need for alternative strategies for managing administrative expenses.Practical Implications for Economic Growth and Development: The study emphasizes the importance of efficient cost reduction methods, which can improve firm productivity, increase profitability, and support stability and economic recovery in the post-pandemic period.
Social Media Marketing Activities and Their Effect on Brand Loyalty Among Generations Diana Fajarwati; Tiya Nur Haliza
Journal of Enterprise and Development (JED) Vol. 6 No. 3 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i3.11170

Abstract

Purpose: The purpose of this study is to examine how age differences between Generation Z and Millennials influence the effectiveness of Social Media Marketing Activities (SMMA) on Consumer Brand Engagement (CBE) and brand loyalty.Method: This quantitative study utilized an online survey targeting 110 active TikTok users from Generation Z (ages 17-26) and Millennials (ages 27-42) who engage with personal care brands. Data were collected through purposive sampling and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) via SmartPLS. The survey measured the impact of Social Media Marketing Activities (SMMA) dimensions—Interactivity, Informativeness, and Trendiness—on Consumer Brand Engagement (CBE) and brand loyalty.Result: The results reveal that age differences significantly influence the impact of Social Media Marketing Activities (SMMA) on Consumer Brand Engagement (CBE) and brand loyalty. While both Generation Z and Millennials respond positively to the SMMA dimensions of Informativeness and Trendiness, only Generation Z shows a significant relationship between Interactivity and CBE, highlighting distinct generational preferences in social media marketing effectiveness.Practical Implications for Economic Growth and Development: The study's findings suggest that adapting social media marketing strategies to the unique preferences of Generation Z and Millennials can enhance consumer engagement, increase brand profitability, and stimulate economic growth by promoting digital market competitiveness and encouraging innovation in the business sector.
Assessing Socio-Economic Sustainability in Coastal Tourism Destinations of North Jakarta, Indonesia Dewi Gita Kartika; Ina Gandawati Djamhur; Ismayanti
Journal of Enterprise and Development (JED) Vol. 6 No. 3 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i3.11215

Abstract

Purpose: This research aims to evaluate the socio-economic sustainability of 12 coastal tourism destinations in North Jakarta, recognized since 2011, by assessing their levels of social and economic sustainability.Method: The study uses a descriptive research design with a quantitative approach, employing scoring analysis techniques. Data were collected through observations and Focus Group Discussions (FGDs) with key informants from the 12 coastal tourism destinations in North Jakarta.Result: The scoring-based evaluation ranked the 12 destinations based on their socio-economic sustainability performance. Four areas—Kelapa Gading, Sunda Kelapa, Tanjung Priok, and Ancol—were categorized as highly sustainable, while Bahtera Jaya Yacht Club was identified as the least socio-economically sustainable. Overall, the 12 coastal tourism destinations in North Jakarta were classified as fairly sustainable from a socio-economic perspective.Practical Implications for Economic Growth and Development: This study identifies key areas for enhancing socio-economic sustainability in 12 coastal tourism destinations, which can inform policy and investment decisions to boost local economies and stimulate growth in surrounding sectors such as creative industries, trade, and services, by promoting local products and increasing income for local businesses.
Strategic Positioning and Operational Challenges of Water Utility Companies: A Case of West Java, Indonesia Didin Kristinawati
Journal of Enterprise and Development (JED) Vol. 6 No. 3 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i3.11277

Abstract

Purpose: This study aims to analyze the strategic positioning and operational challenges faced by Water Utility Company X (WUCX) in West Java, Indonesia. It identifies key strengths, weaknesses, opportunities, and threats (SWOT) that affect the company's ability to meet the increasing demand for reliable water services in a rapidly urbanizing region.Method: The study employs a mixed-methods approach, combining qualitative and quantitative data. Qualitative data were gathered through semi-structured interviews with WUCX senior management, focusing on internal and external factors impacting the company. Quantitative data were drawn from company documents, such as financial reports and surveys. The analysis, based on a SWOT framework, offers a comprehensive assessment of WUCX’s strategic position.Result: The SWOT analysis revealed that WUCX has notable strengths, including an efficient billing system, strong financial stability, and extensive technical service coverage. These strengths position the company to seize opportunities for service expansion through strategic partnerships. However, the analysis also identified key weaknesses, such as aging infrastructure and significant water loss, which could threaten long-term sustainability. Externally, the company faces opportunities like supportive legal frameworks and rising demand, but also threats such as environmental degradation and challenges in coordinating water sourcing.Practical Implications for Economic Growth and Development: This study offers actionable insights to enhance the strategic positioning and operational efficiency of public utilities like WUCX. These insights can drive improvements in infrastructure management, service delivery, and financial sustainability, ultimately contributing to broader economic growth and development in rapidly urbanizing regions.
Drivers of Purchase Intention in Cross-Border E-Commerce: The Role of Platform Quality and Trust Melissa; Nasar Buntu Laulita
Journal of Enterprise and Development (JED) Vol. 6 No. 3 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i3.11288

Abstract

Purpose: The purpose of this study is to explore the factors influencing cross-border e-commerce consumers, particularly platform quality aspects such as information quality, system quality, and service quality, on purchase intention, with trust as a mediating factor.Method: This research employs quantitative methods. The measurement and structural models were evaluated using Partial Least Squares Structural Equation Modeling (PLS-SEM) with the SmartPLS v.3.9 application to test the hypotheses based on data from a total of 280 respondents.Result: The study found that information quality, system quality, and service quality in cross-border e-commerce significantly influence trust and purchase intention. Customer trust mediates the effects of information quality and service quality on purchase intention, but it does not significantly mediate the effect of system quality.Practical Implications for Economic Growth and Development: This research provides strategic insights for cross-border e-commerce companies to enhance platform quality and consumer trust, which can lead to market expansion, promote digital economic growth, and support global e-commerce development.

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