Indonesian Journal of Business and Entrepreneurship (IJBE)
Indonesian Journal of Business and Entrepreneurship (IJBE) publishes information of empirical research and reviews in business and entrepreneurship. IJBE is published by School of Business, Bogor Agricultural University (SB-IPB) associated with Indonesian Alliance of Magister Management Program (APMMI). IJBE was first published at the beginning of 2015 with three issue per year in January, May, and September. Editor receives articles of empirical research and reviews in business and entrepreneurship.
Articles
393 Documents
<![CDATA[The Relationship Between Competitive Position And Efficiency in The Indonesian-Banking Sector: A Panel Data Analysis ]]>
<![CDATA[Aruddy Aruddy]]>;
<![CDATA[Noer Azam Achsani]]>;
<![CDATA[Hari Wijayanto]]>;
<![CDATA[Bagus Sartono]]>
<![CDATA[ Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 5 No. 1 (2019): IJBE, Vol. 5 No. 1, January 2019 ]]>
Publisher : <![CDATA[School of Business, IPB University (SB-IPB) ]]>
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DOI: 10.17358/ijbe.5.1.87
<![CDATA[Analysis on the relationship between competitive position and efficiency with the focus on the Indonesian commercial banks is still very rare. On the other hand, the commercial banks contains banks have systemic impact when they have troubles. The objective of this analysis is to examine the direction of the relationship between competitive position and efficiency which has managerial and policy implications for the parties concerned. The relationship was evaluated using Granger-causality test, where previous studies for Indonesian banking sector did not use this test. The quarterly financial data of each bank sample, balanced sheet and profit/loss statement, were used to calculate the efficiency score and Lerner index. The data were taken from the website of Otoritas Jasa Keuangan (OJK). Lerner index was used as an indicator for competitive position of banks, and higher index means a stronger competitive position. A score calculated by data envelopment analysis (DEA) method is a measure for bank efficiency. Dynamic model is estimated by generalized method of moment (GMM) to address endogeneity and heteroscedasticity issues. The study found that there is a significant one-way positive relationship between efficiency and competitive position, and the causality runs from efficiency to competitive position. The policy implication in this finding is that regulators should avoid implementing a regulation, which is counterproductive in strengthening bank’s ability to compete in the market.Keywords: competitive position, DEA, efficiency, Granger-causality, pricing power]]>
<![CDATA[Talent Management in Improving The Employees Performance of PT PLN (Persero) TJBB APP Cawang ]]>
<![CDATA[Asri Nur Mutiara]]>;
<![CDATA[Aida Vitayala Hubeis]]>;
<![CDATA[Anggraini Sukmawati]]>
<![CDATA[ Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 5 No. 1 (2019): IJBE, Vol. 5 No. 1, January 2019 ]]>
Publisher : <![CDATA[School of Business, IPB University (SB-IPB) ]]>
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DOI: 10.17358/ijbe.5.1.96
<![CDATA[Human resources are the key to the company's success in achieving company's goals. One of the things that affect the performance of employee is the employee’s talent. PT PLN (Persero) is a company that implements talent management to manage human resource in order to achieve maximum performance. This study aims to analyze the implementation of talent management, to analyze its impact in improving the employee’s performance, and to formulate the implementation of managerial implications for the employee development of PT PLN (Persero) APP Cawang. This research was conducted using a questionnaire towards 68 employees of first-line and middle management at PT PLN (Persero) APP Cawang. The data was analyzed using Structural Equation Modelling - Partial Least Squares (SEM-PLS). The conclusion of this study is the company should provide some development programs for talented employees to improve their performance. The results show that there is a significant relationship between talent management variables and the employee’s performance in PT PLN (Persero) TJBB APP Cawang. Talent management is very influential on employee performance in PT PLN (Persero) TJBB APP Cawang, which is 38.2% and the remaining 61.8% is influenced by other factors.Keywords: state-owned enterprises (BUMN), first-line management, middle management, employee performance, SEM, talent management]]>
<![CDATA[Micro Financing Optimalization Strategy for MSMEs Development (Case Study at Kabupaten Bogor, Indonesia) ]]>
<![CDATA[Ana Yuliana Jasuni]]>;
<![CDATA[Muhammad Firdaus]]>;
<![CDATA[Bunasor Sanim]]>
<![CDATA[ Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 2 (2018): IJBE, Vol. 4 No. 2, May 2018 ]]>
Publisher : <![CDATA[School of Business, IPB University (SB-IPB) ]]>
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DOI: 10.17358/ijbe.4.2.161
<![CDATA[MSMEs have a great number of important roles in the economy of a country and should be developed and empowered. The main thing needed in the effort to boost the performance of MSME is support in terms of business funding. The impact of microfinance should be optimized through the appropriate strategies of all parties involved. Through appropriate microfinance strategies, MSMEs are expected to experience significant growth. The purpose of this research is to identify factors influencing access of micro finance and, impact of micro financing and to formulate strategy in optimizing microfinance for MSMEs in Bogor Regency. The primary data obtained from the owners of MSMEs of bag and footwear industries was were analyzed using logistic regression and rank test marked Wilcoxon. The primary data from the experts were analyzed using AHP method. The results showed that the factors that influence access to microfinance are monthly profits, total assets and savings access. Microfinance has a positive impact on almost all aspects of MSME performance. The right strategy to optimize microfinance is the CSR partnership financing program.Keywords: AHP, micro financing, MSMEs, Wilcoxon]]>
<![CDATA[Value Chain Analysis on Goat Processed Products in Surabaya ]]>
<![CDATA[Berto Mulia Wibawa]]>;
<![CDATA[Dewie Saktia Ardiantono]]>;
<![CDATA[Ywang Nara Pragnya]]>
<![CDATA[ Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 5 No. 2 (2019): IJBE, Vol. 5 No. 2, May 2019 ]]>
Publisher : <![CDATA[School of Business, IPB University (SB-IPB) ]]>
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DOI: 10.17358/ijbe.5.2.204
<![CDATA[One livestock commodity that has the potential to supply the people's need for the protein is goat, but the distribution of goat meat in Surabaya and its processed products can be said to be limited if compared to the superior commodities such as chicken and beef. This phenomenon may be caused by limited knowledge of value-added products, distribution of goat and goat processed products. The objective of this research was to establish a value chain recommendations of goat commodity. The qualitative method was used in this research and the data were collected from business actors in goat commodity through semi-structured face-to-face interviews and analyzed by value chain method analysis. The findings of this research show that there are 17 products that can increase goat commodity added value. Managerial implications are generally addressed to business players of Micro, Small, Medium Entreprises (MSMEs) and prospective business actors of processed goat products to be able to maximize the potential of goat livestock, which is aimed to improve product quality and added value of the product itself.Keywords: goat, value chain analysis, processed food, MSME, commodity]]>
<![CDATA[Exploring the Impact of Celebrity Endorsements on The Attitudes And Purchasing Intention in Instagram ]]>
<![CDATA[Ragil Asma Saputra]]>;
<![CDATA[Budi Suharjo]]>;
<![CDATA[Dadang Sukandar]]>
<![CDATA[ Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 5 No. 2 (2019): IJBE, Vol. 5 No. 2, May 2019 ]]>
Publisher : <![CDATA[School of Business, IPB University (SB-IPB) ]]>
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DOI: 10.17358/ijbe.5.2.107
<![CDATA[The use of celebrities as endorser for companies is becoming a popular way for endorsement. This study aims to identify any differences on the impact of celebrity’s credibility on attitudes towards endorsement (AAD), brand (AB) and purchase intention (PI) in single and multiple celebrity endorsement formats. Questionnaires were administered on a sample of 79 respondents. The data were analyzed using proportion test and Structural Equation Modeling analysis. The results suggest there were no significant differences in consumer perceptions and attitudes in single and multiple celebrity endorsements. Credible celebrities were proven to have direct effects on positive attitude towards endorsements and purchase intention, but the impacts were inconsistent in influcencing the attitude towards brands.Keywords: celebrity credibility, celebrity endorsement, consumer attitudes, purchase intention]]>
<![CDATA[Spirituality, Entrepreneurship Education and Entrepreneurial Intention Among Moslem Undergraduate Students: Spiritual Well-Being Scaling Application ]]>
<![CDATA[Buddi Wibowo]]>
<![CDATA[ Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 5 No. 2 (2019): IJBE, Vol. 5 No. 2, May 2019 ]]>
Publisher : <![CDATA[School of Business, IPB University (SB-IPB) ]]>
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DOI: 10.17358/ijbe.5.2.118
<![CDATA[The objectives of this study were to test the effectiveness of entrepreneurship education among Moslem undergraduate students, determinants of intentions, and the interactions between these variables and spirituality that determine the process. Spirituality influences student’s’ view on economic activity and interaction with their environment. The research subjects were Moslem students at the Faculty of Economics and Business of University of Indonesia that may be classified as a nascent entrepreneur: the group that is considering self-employment as a career choice. The techniques of data collection were interviews and questionnaires. The data were analyzed using a quantitative approach of Mann-Whitney U-test to test the effects of education among the groups of students who have received entrepreneurship education and groups that have not, as a control group. The results showed that (1) there are three factors that can identify entrepreneurial intentions which can be identified in detail with three indicators and (2) the effects of entrepreneurship education in shaping the entrepreneurial intentions which depends on student’s’ spirituality.Keywords: entrepreneurship intention, beliefs, education, spirituality]]>
<![CDATA[Student’s Entrepreneurship Interest in Terms of Contextual and Personal Factor ]]>
<![CDATA[Tegowati Tegowati]]>;
<![CDATA[Dian Palupi]]>;
<![CDATA[Widhi Ariestianti Rochdianingrum]]>
<![CDATA[ Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 5 No. 2 (2019): IJBE, Vol. 5 No. 2, May 2019 ]]>
Publisher : <![CDATA[School of Business, IPB University (SB-IPB) ]]>
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DOI: 10.17358/ijbe.5.2.129
<![CDATA[This study aims to review the interests of student entrepreneurship from contextual factors and personal factors. The population in this study was students in East Java with a total sample of 125. The sampling technique used was accidental sampling and data analysis using SEM. The results of this study are: 1) there is an influence of the contextual factors on the interest in entrepreneurship. This is based on standardized output parameter coefficient of 0.524 with p= *** (significant at p = 0.001). 2) There is an influence of personality factors on the interest in entrepreneurship. This is indicated by the standardized output parameter coefficient of 0.472 which is significant at p = 0.001 (p = ***). The conclusion of this study is contextual factors and personality factors influence the interest in student entrepreneurship.Keywords: interest in entrepreneurship, contextual factors, personality factors, student’s entrepreneurship, improve student competency]]>
<![CDATA[An Entrepreneurship Education Model for Promoting Students’ Entrepreneurial Intentions: The Case of Indonesian Higher Education ]]>
<![CDATA[Ambara Purusottama]]>;
<![CDATA[Teuku Fajar Akbar]]>
<![CDATA[ Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 5 No. 2 (2019): IJBE, Vol. 5 No. 2, May 2019 ]]>
Publisher : <![CDATA[School of Business, IPB University (SB-IPB) ]]>
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DOI: 10.17358/ijbe.5.2.138
<![CDATA[This study aimed to provide an understanding and evaluating the implementation of entrepreneurship education as a mandatory program in Indonesia. The study emphasizes the measurement of the effectiveness of different entrepreneurship education programs in higher education implementation, intracurricular and cocurricular programs. The study used the Theory of Planned Behavior (TPB) to measure students’ entrepreneurial intentions. The objects of the research were students who participated in the entrepreneurship programs. The study used quantitative approach and purposive sampling as the sampling technique. The survey resulted in 304 valid respondents from ten universities in Indonesia. The findings showed that intracurricular-based entrepreneurship education was unable to give a significant emphasis on students’ entrepreneurial intention. In contrast, cocurricular-based entrepreneurship education was able to give a significant emphasis on students’ entrepreneurial intention and emphasized on attitude as a single factor.Keywords: entrepreneurship education, theory of planned behavior, intracurricular, cocurricular, entrepreneurial intention]]>
<![CDATA[The Effect of Entrepreneurial Orientation on Melinjo Processing Industries in Batang Regency ]]>
<![CDATA[Intan Adhitya Rosmasari]]>;
<![CDATA[Siti Jahroh]]>;
<![CDATA[Budi Purwanto]]>
<![CDATA[ Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 5 No. 2 (2019): IJBE, Vol. 5 No. 2, May 2019 ]]>
Publisher : <![CDATA[School of Business, IPB University (SB-IPB) ]]>
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DOI: 10.17358/ijbe.5.2.148
<![CDATA[Micro, small and medium enterprises play an important role in improving the people’s economy. The contribution of small enterprises can increase state income, absorb labor, improve welfare evenly, and stimulate people’s economy by leading to the entrepreneurial orientation to support better business performance. The purposes of the study were to find out the effect of entrepreneurial orientation on business performance and the effect of entrepreneurial characteristic on entrepreneurial orientation and performance. The respondents were taken from 60 independent entrepreneurs and KWT Tani rejo of the melinjo chips processing industry in Batang Regency. The data were analyzed using Partial Least square (PLS) approach. The results showed that entrepreneurial characteristic influenced entrepreneurial orientation and business performance. In addition, entrepreneurial orientation had a positive effect on the performance of melinjo chips processing business. Entrepreneurs who implement entrepreneurial orientation from innovativeness, proactiveness, competitive aggressiveness, risk-taking and power of autonomy side will have a good impact on their business performance.Keywords: MSMEs, entrepreneurial characteristic, entrepreneurial orientation, business performance, PLS]]>
<![CDATA[The Effect of e-Wom And Brand Image on The Interest in Buying The Heavenly Blush Yoghurt Product ]]>
<![CDATA[Muslih Mughoffar]]>;
<![CDATA[Ujang Sumarwan]]>;
<![CDATA[Netty Tinaprilla]]>
<![CDATA[ Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 5 No. 2 (2019): IJBE, Vol. 5 No. 2, May 2019 ]]>
Publisher : <![CDATA[School of Business, IPB University (SB-IPB) ]]>
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DOI: 10.17358/ijbe.5.2.158
<![CDATA[The objectives of this research are: 1) to analyze the effect of e-WOM on brand image of Heavenly Blush product, 2) to analyze the effect of e-WOM on the interest in buying Heavenly Blush product, and 3) to analyze the effect of brand image on the interest in buying Heavenly Blush product. This research used online and offline survey methods in the form of questionnaires. The research sampling was carried out using non-probability sampling technique. The scaling technique of the study applied Likert scale which produces measurements at intervals; scale 1 for strongly disagree statements and scale 5 for strongly agree statements. The data analysis used PLS (Partial Least Square). The 106 respondents of the research were customers who already knew about Heavenly Blush yogurt products but had never consumed them with the minimum age of 17 years. The findings showed that there is a positive effect of e-WOM variable on brand image variable with a value of 0.425. The e-WOM variable has a positive effect on the interest in buying Heavenly Blush product with a value of 0.430. Brand image is the last variable that has a positive effect on interest in buying with a value of 0.244.Keywords: brand image, e-WOM, interest in buying, product, yogurt]]>
