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International Journal of Small and Medium Enterprises and Business Sustainability
Published by Universitas Trisakti
ISSN : 24429368     EISSN : 30642655     DOI : https://doi.org/10.25105/ijsmebs
Core Subject : Economy,
Economics, Econometrics & Finance
Welcome to the International Journal of Small and Medium Enterprises and Business Sustainability published by the Publishing Lembaga Penerbit Fakultas Ekonomi dan Bisnis (LPFEB) Universitas Trisakti. As its primary objective, this double-blind review and online scientific journal is dedicated to publishing original and outstanding studies in English that increase knowledge and understanding of the development of small and medium-sized enterprises (SMEs), including entrepreneurship and family-owned businesses, and its factors or conditions that influence business sustainability, and, ultimately, shape this field of research. This journal focuses on theoretical, empirical, policy and practical issues in the field of SMEs, especially in developing countries. The articles published in this Journal are important for academics, policy makers, practitioners and analysts in governments and organizations, who seek to understand the processes and outcomes of SMEs, especially with regard to their growth, constraints and sustainability. Published articles may include theoretical articles, qualitative and quantitative empirical works, and/or case studies. Considering that the aim of the Journal is to push the boundaries of current thinking regarding SME development, case studies to be published in the Journal must have a theoretical perspective. Theoretical contributions can be linked to cases that challenge existing theories or shed better light on them. Articles to be published in the Journal focuses primarily on the following topics: Small and medium enterprises (SMEs) Entrepreneurship Family-owned businesses Government policy on SME and entrepreneurship The role of cooperatives and non-government organizations (NGOs) in supporting SMEs Epistemology, general theory development, and methods of research in entrepreneurship, SMEs, and family-owned businesses Impacts of macroeconomic policies, including subsidies policy, trade policy, and investment policy, on SMEs Impacts of market structure and market competition on SMEs Financing: microfinance, informal sources of finance, bank and other non-bank financial institutions Main factors which affect business sustainability Other issues related to SMEs in particular and business in general
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekomomi dan Ekonometrika
Articles 162 Documents
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Effect of Cooperative participation on profitability of fresh fish business in Ogun State Nigeria Tawakalitu Obasan; Adewunmi Idowu; Adewunmi Sofoluwe; Oluwakayode Oluwasanya; Adebisi Awolumate
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 9 No. 3 (2024): November
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v9i3.21545

Abstract

The study examined the effect of cooperative participation on profitability of fresh fish business in Ogun State Nigeria. A total of one hundred and forty four (144) respondents were selected based on multi-stage sampling technique and were interviewed through well-structured questionnaire. Descriptive statistics such as frequency tables, means, percentages and regression analysis were used to analyse the data collected.The result showed that majority (89.6%) of fresh fish business owners were males;(65.8%)  married with a mean age of 50years. The majority (92.4%) of them were educated and had an average household size of 5 persons. The cost and returns analysis revealed that the variable cost accounted for the largest proportion (76%) and (75%) of the total cost of production for the cooperative fish farmers and non cooperative fish farmers respectively. The Profitability index and Rate of return on investment (RRI) were computed as 0.51 and 1.06 respectively. The study concludes that the variables that determine the profitability level of fish business are the size of ponds, cooperative loan, and fish business experience of the farmers and recommends among others that fish farmers should increase their pond size to increase their profit levels   
Effects of Cooperative on The Performance of Small Scale Enterprises in Ikorodu Zone, Lagos State, Nigeria Oluwakayode Peter Oluwasanya; OLUWAKAYODE PETER OLUWASANYA; Tawakalitu Abimbola Obasan; KAZEEM ADESINA SHITTU; ADEBISI FATIMOH AWOLUMATE
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 9 No. 3 (2024): November
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v9i3.21571

Abstract

Influence of cooperative on small scale enterprises performance is very crucial in facilitating credit access, promotion and development. It also aided small businesses in effectively utilizing the resources that were available. The study looked into small businesses' performance and cooperation in Lagos State, Nigeria's Ikorodu Zone. The design of the survey was descriptive. We gathered both primary and secondary data. A multi-stage sampling technique was used to schedule interviews and administer a well-structured questionnaire to 130 cooperative small-scale entrepreneurs. Descriptive and inferential statistical tools, including the mean, standard deviation, and Logit regression model, were used to analyze the collected data. The results demonstrated that operational difficulties can arise from noncompliance with legal and regulatory requirements supporting cooperative principles, and that poor management practices can impair the overall performance of cooperative entrepreneurs. Effective knowledge and skill transfer among small business owners is facilitated by cooperative engagement. For cooperative leaders, regular training as well as efficient governance and management techniques were advised.   Keywords: Cooperative Societies, Performance, Small Scale Business, Credit Access, Ikorodu Zone
Assessing the Influence of Market Orientation Dimensions on SMEs Sustainability in Nigeria: An Importance Performance Map Analysis Approach Adeola E. Adetayo; Adebiyi J. Abosede; Moruff S. Oladimeji; Waliu M. Adegbite
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 9 No. 3 (2024): November
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v9i3.21736

Abstract

Sustainability beyond the incubation period is a major challenge for small and medium-sized enterprises (SMEs), hindering their potential for job creation and economic growth. Research shows that market orientation can significantly impact SMEs' sustainability, but there is limited evidence on how its dimensions contribute, individually and collectively, to long-term success, especially in developing countries like Nigeria. This study explores how different dimensions of market orientation contribute to the sustainability of SMEs in Nigeria. A total of 228 SME owners and managers were selected in Ogun State using a non-parametric sampling approach. Importance-Performance Map Analysis (IPMA) was used to evaluate how each dimension of market orientation contributes to SME sustainability. The results show that market responsiveness has the highest performance score of 69.18 and an importance score of 0.276. Intelligence dissemination has a performance score of 71.16 but is not a key determinant, with a negative importance score of -0.123. Competitor orientation, customer orientation, inter-functional coordination, market responsiveness, and value creation are all in the fourth quadrant, emphasizing their importance for SME sustainability. This study suggests SME owners prioritize high-importance and performance dimensions and improve those with lower levels for sustainability.
Mengkaji Optimalisasi Ekosistem Kewirausahaan di Usaha Mikro, Kecil, dan Menengah: Sebuah Tinjauan Literatur Dindin Abdurohim Brata Sonjaya; Ferdyansyah Wicaksono; Bambang Heru Purwanto
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 10 No. 1 (2025): march
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v10i1.21885

Abstract

Ekosistem kewirausahaan (EE) sangat penting dalam meningkatkan pertumbuhan dan ketahanan Usaha Mikro, Kecil, dan Menengah (UMKM) dalam menghadapi tantangan global. Studi ini mensintesis literatur yang ada tentang ekosistem kewirausahaan, dengan fokus pada kerangka kerja pengukuran dan indikator kontekstual yang relevan dengan UMKM. Dengan menggunakan pendekatan kualitatif dan tinjauan literatur sistematis, data dikumpulkan dari basis data ilmiah dan dianalisis melalui alat bibliometrik seperti VOSviewer untuk mengidentifikasi tema dan kesenjangan yang dominan. Temuan ini menyoroti komponen-komponen kunci dari PLH, termasuk kebijakan publik, akses keuangan, budaya kewirausahaan, infrastruktur teknologi, dan ketangguhan, yang secara kolektif memengaruhi keberhasilan UMKM. Meskipun ada kemajuan, masih ada tantangan dalam mengembangkan metrik lokal dan holistik yang dapat menangkap kebutuhan UMKM, terutama di daerah berkembang. Diskusi ini menekankan peran inovasi dan kolaborasi lintas pemerintah, sektor swasta, dan akademisi untuk mendorong ekosistem kewirausahaan yang inklusif dan berkelanjutan. Implikasi praktisnya termasuk merancang kebijakan untuk mempromosikan akses keuangan, digitalisasi, dan pendidikan kewirausahaan, di samping membina kolaborasi lintas sektor untuk menjembatani kesenjangan sumber daya. Penelitian di masa depan harus berfokus pada pengembangan kerangka kerja pengukuran yang dapat diadaptasi dan terstandardisasi yang menggabungkan dimensi sosial-ekonomi dan lingkungan. Pendekatan ini tidak hanya akan meningkatkan daya saing UMKM, tetapi juga mendukung agenda yang lebih luas, yaitu pertumbuhan ekonomi yang inklusif dan berkelanjutan.
RELATIONSHIP BETWEEN CAREER SHOCKS AND EMPLOYEE WORKPLACE BEHAVIOUR Ibironke Ibironke; Adekunle Emmanuel; Adegbite; Waliu Mulero; Dagunduro; Adebukola Olufunke
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 10 No. 2 (2025): July
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v10i2.21968

Abstract

There have been different studies to examine the effect of career-related issues such as career-planning, career-management, on employees' workplace-related behavior, but the concept of career shocks is not covered especially in the local context of Nigeria to establish how and when shock trigger employees’ behavioural responses or workplace outcomes career. This study examined the relationship between career shock dimensions (positive and negative career shocks) and employee workplace behaviour. The objectives of the study considered the relationship between positive career shock and employees’ workplace behaviours as well as negative career shock and employees’ workplace behaviours. The conservation of resource theory was adopted for this work. Using the survey research design. A population of 124 employees from National Postgraduate Medical College of Nigeria was used for the study and a sample size of 95 participants was determined using Taro Yamane’s formula. However, the data analysis was based on 89 valid responses that were received from the respondents. Data was collected with the use of a questionnaire. The Pearson’s Product Correlation was used in testing the hypotheses. The result of the analyses revealed a positive correlation for both career shocks on employees' workplace behaviour. In line with this findings, it was recommended that organisations should endeavor to consider policies and organisational structures to help employees manage career shocks well.
BEYOND THE EXHIBITION: REFRAMING VISITOR ORIENTATION, SOCIAL INNOVATION, AND SOCIAL PERFORMANCE IN MUSEUMS THROUGH SME ENGAGEMENT Rizal Hari Magnadi
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 10 No. 2 (2025): July
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v10i2.23553

Abstract

This article examines how museums are redefining their role as public institutions by engaging small and medium enterprises (SMEs) as non-traditional visitors, co-creators, and innovation partners. Drawing on nonprofit marketing and market orientation literature, it argues that visitor orientation must expand beyond passive audience models to recognise SMEs as active stakeholders in cultural production and knowledge exchange. Methodologically, the study adopts a comparative qualitative multiple-case design across six public museums in Indonesia, purposively selected by institutional level (provincial vs city/town) and collection focus (cultural-historical vs generalist). Data are generated through semi-structured interviews with museum staff/leaders, SME partners, and relevant local government stakeholders, complemented by document analysis and (where feasible) field observations. Analysis uses NVivo-supported a priori thematic coding to build an analytical framework around three guiding codes: (1) visitor orientation towards SMEs, (2) museum-facilitated social innovation, and (3) museum social performance (outcomes and accountability). Findings show that museum social innovation increasingly emerges through co-created economic and cultural initiatives with heritage-based SMEs, producing hybrid value such as community entrepreneurship, identity-driven product development, and inclusive local branding. The study also argues that museum social performance should be assessed not only through access and participation metrics, but through ethical governance, benefit-sharing, and contributions to local creative ecosystems; academically, it advances theory on visitor orientation and multi-stakeholder public value, and practically, it offers actionable guidance for museums, policymakers, and cultural funders to design and evaluate stronger museum–SME collaborations for inclusive cultural development.
Exploring the Effect of Destination Image on Revisit Intention via Satisfaction and Place Attachment: Evidence from Pujon Kidul Tourism Village Indonesia Ardik Praharjo; Rahmad Wijaya; Khusnul Rofida Novianti
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 10 No. 1 (2025): march
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v10i1.24093

Abstract

Tourist loyalty, particularly revisit intention, has been widely acknowledged as a key determinant of destination competitiveness and long-term sustainability. This study aims to investigate the antecedents of revisit intention by examining the role of destination image, satisfaction, and place attachment. Destination image has often been regarded as a fundamental factor influencing tourists’ perceptions and behavioral outcomes, while satisfaction and place attachment serve as critical mediators that strengthen the intention to revisit. A quantitative approach was employed through a survey of visitors to Pujon Kidul Tourism Village, an emerging rural tourism destination in Malang Regency, Indonesia. Data analysis was conducted using the Partial Least Squares (PLS) method to evaluate the structural relationships among the variables. In developing the research framework, theories and empirical findings from reputable journal articles were systematically reviewed to ensure theoretical rigor and relevance. The results of this study reveal that destination image exerts a significant positive influence on revisit intention, both directly and indirectly, through the mediating effects of satisfaction and place attachment. Specifically, a favorable destination image enhances visitor satisfaction, which subsequently fosters a stronger emotional bond with the place, thereby increasing the likelihood of repeat visitation. This study contributes to the literature by integrating destination image, satisfaction, and place attachment into a comprehensive model of tourist loyalty. From a managerial perspective, the findings provide practical insights for destination managers and policymakers to improve image-building strategies, enhance visitor experiences, and cultivate stronger attachments that encourage sustainable tourism development
From Microenterprise to Market Leadership: A Case Study of Fruit Crisp Industry in East Java, Indonesia. Augendra Bhukuth; Qausya Faviandhani; Ani Wulandari
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 9 No. 2 (2024): July
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v9i2.24206

Abstract

This paper presents a case study of a fruit crisp industry in East Java, Indonesia. A successful journey of an entrepreneur who has started his business from a micro level to become a market leader in the industry is analyzed. The entrepreneur has implemented different strategies to become a leader. The entrepreneur started by controlling the fruit supply and prices in the fruit market, he implemented a strategy of product differentiation. He produces dry food machines, subcontracts fruit crisps, and is involved in packing and fruit crisp distribution.
Agricultural Vale Chain Finance for MSMEs and the Increasing Role of Fintech in Solving the Liquidity Constraints. Examples from Asia and Africa. Nankya Ciatra; Sazir Nsubuga Mayanja
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 9 No. 2 (2024): July
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v9i2.24207

Abstract

Although challenges remain, efforts at innovations to support the provision of agricultural finance to smallholder farmers, especially through digital platforms, have demonstrated great potential and feasibility to increase access to liquidity by participants in the Agricultural Value Chain (AVC). Fintechs are the summary products of innovation in financial services delivery. In Asia, the Inclusive Financing for Agricultural Value Chains (IFS4Ag) project was aimed at deriving models for improving access to agricultural value chain finance (AVCF). According to the Digital Economy for Africa Initiative (DE4A) the continent should be digitally enabled by 2030. The research study is exploratory and mostly qualitative. Informal interviews have been given to stakeholders given that the majority of interviewees are micro and small farm holders. Otherwise, secondary sources have provided the bulk of information that informs the research. Findings are that governments, multilateral lending bodies, and affiliates have been variously and severally instrumental in piloting and actualizing improvement in financial service provision to the underprivileged by supporting delivery through fintech.
Impact of Microinsurance Affordability on Profitability of Micro, Small, and Medium Enterprises (MSMEs) in Lagos State, Nigeria Agboola Omoniyi Oladipupo; Oyede Saheed Adesunkanmi
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 9 No. 2 (2024): July
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v9i2.24208

Abstract

Nigeria has one of the lowest insurance penetration rates in the world possibly owing to the cost of insurance products. The study investigated the impact of microinsurance affordability on MSME's profitability in Nigeria. The study is quantitative employing both survey and cross-sectional research design. A total of four hundred (400) copies of the questionnaire were administered, but only three hundred forty-five (345) copies of the questionnaire were duly filled and used for this study representing an 86.3% response rate. According to the findings, microinsurance affordability has a favorable and considerable impact on MSME's profitability in Nigeria. The study recommended that insurance companies should improve on claims processing, be sincere, and promptly attend to customer's claims because some insurance companies do not always give full details about policies to lure people into buying them.

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