scholarly journals DETERMINING FACTORS OF FIRM SURVIVABILITY A STUDY OF UNIVERSITY SPIN-OFFS IN INDONESIA

2018 ◽  
Vol 33 (2) ◽  
pp. 143
Author(s):  
Muhammad Afif Sallatu ◽  
Nurul Indarti

Nowadays, universities in many countries are encouraged to take their research products to the next level by translating them into commercialized products to benefit society at large. In doing so, they establish a firm, a so-called University Spin-Off (USO), which specializes in carrying out the mission. A USO is a firm which is established to optimize or commercialize the Intellectual Property Rights (IPRs) of the university. Previous studies into USOs, documented in the extant literature, have mainly focused on investigating the initial process of the USOs’ establishment, such as the drivers to initiate the USOs. Only a little attention has been paid to investigate the various drivers affecting the development of the USOs. Studies into the survivability of USOs are relatively limited. The current study is intended to fill this gap. Additionally, the findings are expected to add to the existing literature on USOs, particularly in the context of developing countries. This study aims at identifying the factors affecting the USOs’ survival. We used the resource-based view and contingency theory to identify and understand the various factors (internal and external) that might affect a USO’s survivability. Data for this study were collected through a survey. From the literature, we identified ten relevant factors for a USO’s survivability and 41 items to operationalize them, which we then used to develop a questionnaire. The factors are the USO’s business orientation, human resources’ reputation, product innovation, business plan, business models’ innovation, social networks, export activities, capital access, government support, and the business’s incubator. The data were collected from 111 USOs established by 14 universities located in five big cities in Indonesia. The survey was conducted from February until May 2017. Before performing the regression analysis, we deployed a factor analysis to validate the instruments and found that all the 41 items were valid and fell into ten component factors. The analysis found that there were only two factors which significantly affected the USO’s survivability: Its human resources’ reputation and social networks. These findings lead us to a conclusion that building a good reputation and maintaining its social networks are very important to ensure the survivability of a USO. 

2019 ◽  
Vol 3 (2) ◽  
pp. 216
Author(s):  
Dini Wahyuni ◽  
Caska Caska ◽  
Henny Indrawati

The quality of human resources is an important factor in the midst of intense business competition at the moment. One way to improve human resources is through education. Education is very important because the presence of education will change one's mindset for the better, as well as the importance of education for UMKM business owners. In sago-based UMKM, the level of education of business owners is still relatively low because most business owners only have graduated from elementary school, as well as business success, because 70% of business owners have low incomes and sales have not increased from year to year. Therefore, this research was carried out with the aim of: 1) analyzing the level of education of business owners; and 2) analyze the factors that influence business success. Sampling used propotional random sampling to obtain 80 business owners. The data analysis technique used was descriptive quantitative and multiple linear regression. The results of study found that that the education level of sago-based business owners was still low. The entrepreneurial characteristics, business characteristics, access to capital, marketing capabilities, and government support and business networks have a positive and significant effect on the success of UMKM.


EDUTECH ◽  
2018 ◽  
Vol 17 (1) ◽  
pp. 68
Author(s):  
Indra Gamayanto ◽  
Titien Sukamto ◽  
Rizka Nugraha ◽  
Asih Rohmani ◽  
Ibnu Utomo WM ◽  
...  

Universities and education are important factors that need to be taken very seriously as the pro-cess will produce useful human resources to create useful progress for the community. The 8th Habits Method is one of the most proven methods to apply at the University level, especially to lecturers and students. Applying The 8th Habits Method is a big challenge that deserves to be accepted because it will result in the discovery of the purpose of life or the sound (meaning) of self as we know that there are many students (millennial generation) who do not have it and this may also happen to the lecturer. Dr Maggie Gilewicz in her book entitles Why Young Adults Don’t Know What to Do With Their Lives And What Can Be Done About It? argues that students and young adults do not know how they spend their life time because nothing can encourage them and no support from the environment (Gilewicz, 2017). On the other hand, parents focus on build-ing the millennial children’ self-esteem and always protect them from disappointments (Vance and Stephens, 2010). This paper offers some hypothesis and its application to the lecturers and students because both cannot be separated and should work in synergy to achieve The 8th Habits. Internal and external influences are also things that need to be examined and responded positively as these are two factors that can be one of the inhibiting factors in applying The 8th Habits-Covey trust systems. Finally, it is important that lecturers and students keep learning to be able to think and be positive, creative and flexible to be able to apply The 8th Habits-covey trust systems. Universitas dan pendidikan adalah faktor penting yang harus disikapi dengan sangat serius meng-ingat kedua factor ini akan menghasilkan sumber daya manusia yang berguna untuk menciptakan kemajuan dalam masyarakat. The 8th Habits Method merupakan salah satu metode yang paling terbukti dapat diterapkan di tingkat perguruan tinggi, khususnya pada dosen dan mahasiswa. Pen-erapan The 8th Habits Method adalah suatu tantangan besar yang harus dihadapi karena akan berujung pada penemuan tujuan hidup atau makna diri karena sebagaimana yang kita ketahui ban-yak mahasiswa (generasi millennial) yang tidak memilikinya dan hal sama dapat pula terjadi pada dosen. Dr Maggie Gilewicz dalam bukunya yang berjudul Why Young Adults Don’t Know What to Do With Their Lives And What Can Be Done About It? berpendapat bahwa maha-siswa dan remaja dewasa tidak mengetahui bagaimana mereka akan menghabiskan masa hidup mereka karena tidak ada yang mendukung mereka termasuk dukungan dari lingkungan (Gilewicz, 2017). Di sisi lain, orangtua terpaku pada bagaimana agar anak-anak mereka dapat menghargai diri mereka dan selalu melindung mereka dari hal-hal yang dapat mengecewakan mereka (Vance and Stephens, 2010). Artikel ini menawarkan hipotesis dan aplikasinya pada dosen dan mahasiswa kerena keduanya tidak terpisahkan dan harus bersinergi untuk mencapai The 8th Habit. Pengaruh internal dan eksternal penting pula untuk diketahui dan direspon secara positif karena dua faktor ini dapat menjadi penghalang penerapan The 8th Habit-Covey trust systems. Oleh karena itu, penting bagi dosen dan mahasiswa untuk terus belajar agar dapat berpikir dan menjadi positif, kreatif, dan fleksibel sehingga dapat menerapkan The 8th Habit-Covey trust systems.


2014 ◽  
Vol 9 (2) ◽  
pp. 292
Author(s):  
Arif Kusmanto

Tingkat kemiskinan masyarakat kota Semarang pada tahun 2009 sebanyak 73.000 jiwa dan tahun 2010 naik menjadi 80.000 jiwa (BPS Jateng 2011), karena suatu standar tingkat hidup yang rendah (Parsudi Suparlan), sehingga masyarakat Kota Semarang berpotensi untuk melaksanakan kewajiban zakat dalam usaha pengentasan kemiskinan. Namun potensi ini belum digali optimal. Penelitian ini mengkaji: Pertama, pola penghimpunan dana ZIS; Kedua, Faktor yang mempengaruhi penghimpunan dana ZIS; Ketiga, peran Laznas dalam penghimpunan dana ZIS. Jenis penelitian yang di gunakan adalah deskriptif kualitatif dengan pendekatan yuridis sosiologis, yang dianalisis menggunakan analisis data kualitatif. Hasil penelitian ini menunjukkan bahwa Pola penghimpunan dana ZIS yang cukup baik oleh DPU-DT, PKPU, dan Rumah Zakat Semarang. Dengan layanan pembayaran melalui kantor, jemput zakat, atau layanan bank. Faktor pendukung penghimpunan dana ZIS antara lain faktor intern: lokasi yang strategis, SDM yang mumpuni, program pendayagunaan yang bagus, legalitas lembaga, kemampuan menyalurkan program, managemen baik, dan figuritas tokoh dan faktor ekstern: dukungan masyarakat, serta dukungan pemerintah. Sedangkan faktor penghambat antara lain faktor intern: keterbatasan SDM pengelola yang memiliki kompetensi, sistem yang belum berjalan optimal, tidak adanya kerjasama antar Laz dalam penghimpunan, melekatnya figur tokoh; faktor ekstern: budaya masyarakat yang belum membayar zakat melalui Laz, serta kebijakan pemerintah yang belum dapat dilaksanakan. DPU-DT, PKPU, dan Rumah Zakat Semarang sampai sekarang sudah berperan secara optimal sesuai UU dalam penghimpunan dana ZIS, terbukti dengan meningkatnya dana ZIS yang terhimpun serta muzakki.<br /><br /><br /><em>The poverty in Semarang City in 2009 as many as 73,000 inhabitants and in 2010 rose to 80,000 (Central Java BPS 2011), due to a low standard of living, so that the people of Semarang has the potential to carry out the obligation of zakat in poverty alleviation efforts. However, this potential has not been explored optimally. This study examines: First, the pattern of ZIS fund raising; Second, factors affecting the ZIS fund raising; Third, LAZNAS role in fund raising ZIS. This type of research used descriptive qualitative sociological juridical approach, which analyzed using qualitative data analysis. The results of this study indicate that the pattern of accumulation ZIS pretty good by DPU-DT, PKPU, and Zakat House Semarang. With payment services through the office, pick zakat, or bank services. Factors supporting fund raising ZIS include internal factors: strategic location, qualified human resources, good utilization program, the legality of the agency, the ability to deliver the program, good management, and figures and external factors: community support, as well as government support. While inhibiting factors include internal factors: lack of human resources managers who have the competence, the system is not running optimally, the absence of cooperation between Lazis in the collection, attachment figure figures; external factors: culture that has not paid zakat through Lazis, as well as government policies can not be implemented. DPU-DT, PKPU, and Zakat House Semarang until now has been instrumental optimally according to the Act in ZIS fun</em>


2020 ◽  
Vol 1 (1) ◽  
pp. 35-47
Author(s):  
Mohammad Sarwar Alam ◽  
Shajjad Mahmod ◽  
Saikat Das

This study aims to unearth the determining factors of tourist satisfaction in the Rangamati District and explores the degree of interdependence. Data were collected from 140 tourists who visited Rangamati from 2019 to onward were selected based on convenience using a survey questionnaire. The findings of the study revealed that two factors among five such as natural factors, cultural factors were found to have a positive influence in determining tourists’ satisfaction however the other three such as tourism product, destination support services, and financial factors do not influence tourists satisfaction. SPSS-2020 was used for analysis where descriptive statistics were used to express the demographic profile of the respondent and to rank the individual factors to find out which factors are most important for determining the dependent variable. Then, correlation analysis and multiple regression analysis has been used to judge the degree of relationship among independent and dependent variables. A set of recommendations was provided which will help to improve the performance of the agencies as well as tourist services and it will gradually bring satisfaction to the local and international tourists.


Author(s):  
Wallelign Wondie Abebe ◽  
Reta Megersa Hundie ◽  
Geremew Teklu Tsigu

Studies and literature reveal that students’ attitude to create their own business is influenced by different endogenous and exogenous factors. The study aimed at analyzing factors affecting students’ entrepreneurial attitude. The factors considered in this study are family background, role model and entrepreneurial government support programs. Explanatory design was employed to check the magnitude of cause and effect relationship. 328 questionnaires were distributed sampled respondents and intensive interview was conducted with key informants. Key results of the study imply that the explanatory factors identified above positively and significantly affect the dependent variable. The family background, government entrepreneurial support programs and role model combined and explained 79.7% of the variation in entrepreneurial attitude of the students. Thus, if the government and/or the university can devise strategy upon these variables, there is a promising possibility that the attitude of the students for creating their own job.


Author(s):  
Lori Stahlbrand

This paper traces the partnership between the University of Toronto and the non-profit Local Food Plus (LFP) to bring local sustainable food to its St. George campus. At its launch, the partnership represented the largest purchase of local sustainable food at a Canadian university, as well as LFP’s first foray into supporting institutional procurement of local sustainable food. LFP was founded in 2005 with a vision to foster sustainable local food economies. To this end, LFP developed a certification system and a marketing program that matched certified farmers and processors to buyers. LFP emphasized large-scale purchases by public institutions. Using information from in-depth semi-structured key informant interviews, this paper argues that the LFP project was a disruptive innovation that posed a challenge to many dimensions of the established food system. The LFP case study reveals structural obstacles to operationalizing a local and sustainable food system. These include a lack of mid-sized infrastructure serving local farmers, the domination of a rebate system of purchasing controlled by an oligopolistic foodservice sector, and embedded government support of export agriculture. This case study is an example of praxis, as the author was the founder of LFP, as well as an academic researcher and analyst.


2020 ◽  
Vol 19 (12) ◽  
pp. 2225-2252
Author(s):  
E.V. Popov ◽  
V.L. Simonova ◽  
O.V. Komarova ◽  
S.S. Kaigorodova

Subject. The emergence of new ways of interaction between sellers and buyers, the formation of new sales channels and product promotion based on the use of digital economy tools is at the heart of improving the business processes. Social networks became a tool for development; their rapid growth necessitates theoretical understanding and identification of potential application in enterprise's business process digitalization. Objectives. We explore the role of social media in the digitalization of business processes, systematize the impact of social networks on business processes of enterprises in the digital economy. Methods. The theoretical and methodological analysis of social networks as a tool for digitalization of company's business processes rests on the content analysis of domestic and foreign scientific studies, comparison, generalization and systematization. Results. We highlight the key effects of the impact of social networks on the business processes of the company; show that the digitalization of business processes should be considered in the context of a value-based approach, aimed at creating a value through the algorithmization of company operations. We determine that social networks are one of the most important tools for digitalization of company's business processes, as they have a high organizational and management potential. We also systematize the effects of social media on company's business processes. Conclusions. We present theoretical provisions of the impact of social networks on business processes of enterprises, which will enable to model and organize ideas about the development of digital ecosystems and the formation of business models.


Author(s):  
Do Huy Thuong ◽  
Nguyen Thi Phuong Hong

This research analysizes the factors affecting the business expectations of human resources in entertainment and event management. The research results have showed that of the 5 factors affecting the human resource expectations of businesses in entertainment and event management, the factor “professional knowledge” has the biggest impact on the expectations of the businesses. Next to it are “attitude”, “skill” and “ability”. The factor “fundamental knowledge” has the least influence on the expectations of the businesses.


Author(s):  
Eman Al-erqi ◽  
◽  
Mohd Lizam Mohd Diah ◽  
Najmaddin Abo Mosali ◽  
◽  
...  

This study seeks to address the impact of service quality affecting international student's satisfaction towards loyalty tothe Universiti Tun Hussein Onn Malaysia(UTHM). The aim of thestudy is to develop relationship between service quality factor and loyalty to the university from the international students’ perspectives. The study adopted quantitative approach where data was collected through questionnaire survey and analysed statistically. A total of 246 responses were received and found to be valid. The model was developed and analysed using AMOS-SEM software. Confirmatory factor analysis (CFA) function of the software was to assessed the measurement models and found that all the models achieved goodness of fit. Then path analysis function was used to assessed structural model and found that service qualityfactors have a significant effect on the students’ satisfaction and thus affecting the loyaltyto the university. Hopefully the outcome form this study will benefit the university in providing services especially to the international students.


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