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INDONESIA
West Science Journal Economic and Entrepreneurship
Published by Westscience Press
ISSN : -     EISSN : 29863996     DOI : https://doi.org/10.58812/wsee.v1i02
Core Subject : Economy,
Journal of Economics and Entrepreneurship published since 2023 by Westscience Press. Editors receive scientific articles from research results, surveys, and literature reviews closely related to the Economics and Entrepreneurship sectors. WSJEE is a peer-reviewed and open-access scientific magazine. Manuscripts of articles are published after going through a thorough peer-review process. Journal publications are managed by Westscience Press as the publisher.
Articles 352 Documents
The Effect of Working Capital Management, Leverage Policy, and Liquidity on Financial Performance in Construction Companies in Indonesia Judijanto, Loso; Ambarwati, Retnoning
West Science Journal Economic and Entrepreneurship Vol. 2 No. 04 (2024): West Science Journal Economic and Entrepreneurship
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsjee.v2i04.1404

Abstract

This study examines the impact of capital management, leverage policy, and liquidity on the financial performance of construction companies in Indonesia. A quantitative research approach was utilized, involving 130 construction firms. Data were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS 3) to assess the relationships between variables. Results indicate that effective capital management and prudent leverage policy significantly enhance financial performance, while liquidity demonstrates the strongest positive effect. This highlights the critical role of an integrated financial strategy, particularly in managing liquidity, to navigate cash flow uncertainties and improve profitability. The findings provide practical insights for construction firms in optimizing financial strategies to achieve resilience and sustainable growth.
The Impact of Brand Image, Customer Experience, and Promotional Offers on Customer Loyalty in Technology Companies in Jakarta Affifatusholihah, Lina; Sari, Titis Nistia
West Science Journal Economic and Entrepreneurship Vol. 2 No. 04 (2024): West Science Journal Economic and Entrepreneurship
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsjee.v2i04.1405

Abstract

This study investigates the impact of brand image, customer experience, and promotional offers on customer loyalty within the technology sector in Jakarta. Given the competitive environment, understanding these determinants is essential for technology companies seeking to retain customers and foster loyalty. Using a quantitative approach, data were collected from 220 respondents through structured questionnaires measured on a Likert scale of 1 to 5. Structural Equation Modeling-Partial Least Squares (SEM-PLS 3) was employed for data analysis. Results show that all three factors significantly and positively affect customer loyalty, with promotional offers demonstrating the strongest influence, followed by brand image and customer experience. These findings emphasize the importance of strategic branding, superior customer engagement, and value-driven promotional offers in cultivating loyalty. The study provides practical recommendations for managers to enhance loyalty by leveraging these factors effectively.
The Impact of Business Incubation Programmes on Start-up Success and Economic Growth in Indonesia Judijanto, Loso; Widyatmoko, Widyatmoko
West Science Journal Economic and Entrepreneurship Vol. 2 No. 04 (2024): West Science Journal Economic and Entrepreneurship
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsjee.v2i04.1406

Abstract

This study investigates the impact of business incubation programs on start-up success and economic growth in Indonesia. Using a quantitative approach, data were collected from 80 start-ups through a structured questionnaire utilizing a 5-point Likert scale. The data were analyzed using Structural Equation Modeling - Partial Least Squares (SEM-PLS 3). The results reveal that business incubation programs significantly enhance start-up success, with a positive effect on the overall success of start-ups. Furthermore, successful start-ups contribute to economic growth by generating jobs, fostering innovation, and promoting market expansion. The findings underscore the importance of business incubation as a catalyst for entrepreneurial success and economic development. The study suggests that strengthening business incubation programs should be a priority for policymakers in Indonesia to promote a thriving start-up ecosystem and sustain long-term economic growth.
The Impact of the People's Business Credit (KUR) Programme on Entrepreneurship Development and Economic Growth in Indonesia Syamsu Rijal; Antou, Gracela Pinkan
West Science Journal Economic and Entrepreneurship Vol. 2 No. 04 (2024): West Science Journal Economic and Entrepreneurship
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsjee.v2i04.1407

Abstract

The People’s Business Credit (Kredit Usaha Rakyat, KUR) program has been a significant government initiative in Indonesia, aimed at promoting entrepreneurship and stimulating economic growth, particularly among micro, small, and medium enterprises (MSMEs). This study examines the impact of the KUR program on entrepreneurship development and economic growth, using a quantitative analysis based on a sample of 100 MSME entrepreneurs who have received KUR loans. Data was collected through a survey utilizing a Likert scale (1-5) and analyzed using SPSS version 25. The results show that KUR funding positively impacts business expansion, innovation, and profitability, with a significant correlation between program participation and improvements in entrepreneurship development. Furthermore, the study highlights the program’s contribution to local economic growth through job creation and increased regional economic activity. The findings indicate that the KUR program is effective in fostering entrepreneurship, particularly in rural areas, and plays a crucial role in stimulating economic growth at the local level. The study provides valuable insights for policymakers to improve the program and further support MSMEs in Indonesia.
The Impact of Work Environment Quality, Skill Development, and Leadership on Employee Engagement in Manufacturing Companies in West Java Judijanto, Loso; Zulfikri, Agung
West Science Journal Economic and Entrepreneurship Vol. 2 No. 04 (2024): West Science Journal Economic and Entrepreneurship
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsjee.v2i04.1408

Abstract

This study examines the effects of leadership, skill development, and work environment quality on employee engagement in manufacturing companies in West Java. With the manufacturing sector facing high demands for productivity and workforce stability, understanding these factors is critical to enhancing employee motivation and commitment. A quantitative approach was employed, involving a sample of 150 employees, and data were analyzed using Structural Equation Modeling - Partial Least Squares (SEM-PLS). The results indicate that leadership has the strongest positive influence on employee engagement, followed by skill development and work environment quality. Leadership was found to play a central role in fostering a supportive environment, underscoring the importance of transformational practices in motivating employees. The findings suggest that companies can enhance engagement by investing in leadership development, continuous skill enhancement, and a high-quality work environment. These insights provide valuable implications for manufacturing companies seeking to improve employee engagement and overall organizational performance.
The Impact of Working Capital Management, Product Innovation, and Financial Management on MSME Business Sustainability in South Sulawesi Syamsu Rijal; Supriandi, Supriandi
West Science Journal Economic and Entrepreneurship Vol. 2 No. 04 (2024): West Science Journal Economic and Entrepreneurship
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsjee.v2i04.1410

Abstract

This study examines the impact of Capital Management, Financial Management, and Product Innovation on the sustainability of Micro, Small, and Medium Enterprises (MSMEs) in South Sulawesi, Indonesia. Amid increasing economic challenges, MSMEs must adopt effective financial and innovation strategies to achieve long-term sustainability. A quantitative approach was employed, using data from 255 MSMEs and analyzed through Structural Equation Modeling with Partial Least Squares (SEM-PLS). The findings indicate that all three factors positively and significantly affect MSME sustainability, with Financial Management showing the strongest influence, followed by Capital Management and Product Innovation. These results suggest that MSMEs need to balance financial planning, efficient capital management, and innovation to foster resilience and competitiveness. This study contributes to the literature by applying the Resource-Based View (RBV) theory to MSME sustainability, providing actionable insights for MSME managers and policymakers in resource-constrained environments.
Effect of Green Transformational Leadership and Green Knowledge on Environmental Performance with Green Creativity as Intervening Variable in Tourism Villages in DIY Hidayati, Nida Urrahma; Effendi, Mohamad Irhas; HC, R Heru Kristanto
West Science Journal Economic and Entrepreneurship Vol. 2 No. 04 (2024): West Science Journal Economic and Entrepreneurship
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsjee.v2i04.1425

Abstract

This study aims to examine the effect of green transformational leadership and green knowledge on environmental performance of tourism village. It also examine the mediating of green creativity on their relationship. Data was collected from 69 tourism village in the Special Region of Yogyakarta (DIY). This study used primary data collected through closed-ended questionnaires that was distributed via google forms (online) and directly (offline). The data itself were analyzed using PLS. The results show that green transformational leadership and green knowledge have positive effect on green creativity and environmental performance on tourism village. Furthermore, green creativity is also found to have mediating effect that significant between both green transformational leadership and environmental performance, also between green knowledge and environmental performance on tourism village. The main implication of this study is that tourism village need to foster both green transformational leadership and green knowledge to promote sustainability, ultimately leading to improved environmental outcomes.
Encouraging Community Empowerment and Local Economic Independence in Villages through Sustainable Economic Development Techniques Nazeri, Nazeri; Hidayat, Rahmat; El Maza, Rina
West Science Journal Economic and Entrepreneurship Vol. 2 No. 04 (2024): West Science Journal Economic and Entrepreneurship
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsjee.v2i04.1442

Abstract

With an emphasis on local economic independence and community empowerment, this publication examines sustainable economic development tactics in villages. The purpose of this study is to present an integrated and comprehensive picture of sustainable village economic development. The researcher assesses economic development initiatives in several community areas in Indonesia, using qualitative descriptive methods. The findings of the study show that a comprehensive and integrated approach that considers the economic, social, cultural, and environmental demands of the local population is necessary for sustainable economic development in villages. To achieve local economic independence, community empowerment through active community involvement in the formulation and implementation of economic development programs is very important. The author of this article suggests a sustainable economic development plan for villages that is based on the ideas of community empowerment and participation. Harnessing local resources, strengthening organizations and cooperatives, empowering women and youth, developing small and medium-sized enterprises and the agricultural sector, and implementing sustainable environmental management are all parts of this plan. In conclusion, a comprehensive and integrated approach that emphasizes local economic independence and community empowerment can lead to sustainable economic development in villages. The plan can improve the welfare of the village community and encourage sustainable economic growth.
Tax Mapping Based on Klassen Typology: A Case Study of Central Lombok Agustiani, Eka; Astuti, Endang; Aprianti, Vina
West Science Journal Economic and Entrepreneurship Vol. 3 No. 04 (2025): West Science Journal Economic and Entrepreneurship
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsjee.v3i04.2285

Abstract

This research aims to analyze the potential for regional tax revenue in increasing Regional Original Income (PAD) in Central Lombok Regency in 2017-2023. This research uses a quantitative descriptive approach. The data analysis technique in this research is analysis of regional tax revenue reports using the Klassen Typology method. The results of the research show that using the Klassen Typology method, the types of taxes included in the Prime/Excellent sector are taxes, namely hotel tax, restaurant tax, advertising tax, street lighting tax, parking tax, rural and urban land and building tax and title acquisition tax. on Soil and Rocks. The type of tax included in the Potential sector is Non-Metal Mineral and Rock tax. The types of taxes included in the Developing sector are entertainment tax and ground water tax. Then the type of tax that is included in the Underdeveloped sector is the Swallow's Nest Tax.
Overview of the Development of International Trade Community Welfare in Mataram City (review of poverty levels 2020-2024) Indah, Tiska Asri; Agustiani, Eka
West Science Journal Economic and Entrepreneurship Vol. 3 No. 04 (2025): West Science Journal Economic and Entrepreneurship
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsjee.v3i04.2377

Abstract

This study analyzes the relationship between international trade and societal welfare in the Province of Nusa Tenggara Barat (NTB), focusing on poverty levels during the period 2020–2024. Utilizing secondary data from the Central Bureau of Statistics (BPS) and a descriptive quantitative approach, the research describes the trends in exports, imports, and poverty rates, and evaluates their descriptive interrelations. The results indicate that although exports increased significantly—mainly driven by mining commodities—the decline in poverty was largely driven by post-pandemic recovery in local labor-intensive sectors rather than merely increased exports. Therefore, international trade contributes to NTB’s economic growth, but its impact on poverty reduction is limited and indirect. The study recommends economic diversification, strengthening labor-intensive sectors, and empowering the poor to ensure a more equitable distribution of trade benefits.

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