scholarly journals The Effect of Entrepreneurial Self-efficacy and Entrepreneurial Competence on The Entrepreneurial Entry Decision and The Success of Start-up MSMEs in Medan City

2019 ◽  
Vol 8 (3) ◽  
pp. 204
Author(s):  
Imelda Sitinjak
Keyword(s):  
Self Efficacy ◽  
Small And Medium Enterprises ◽  
Business Success ◽  
Entrepreneurial Entry ◽  
Start Up ◽  
Asean Economic Community ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
Start Ups ◽  
Entry Decisions

One important element in the ASEAN Economic Community (AEC) 2025 blueprint is the strengthening of Small, Medium Enterprises (SMEs). The third largest city in Indonesia, Medan City, has a start-up Micro, Small, and Medium Enterprises (MSMEs) which ranks third in Sumatra itself. The problem is that not all MSMEs in Indonesia can survive or experience growth. So this study aims to determine the effect of entrepreneurial self-efficacy and entrepreneurial competence on entrepreneurial entry decisions and the success of start-up MSMEs in Medan City. The method of determining is the sample using a purposive sampling method, from 100 MSMEs owners. The findings of this study are that entrepreneurial self-efficacy (ESE) has a significant effect on entrepreneurial entry decisions, while entrepreneurial competence is not significant. However, the success of MSME start-ups in Medan is significantly influenced by entrepreneurial competence while ESE is not. The implication of this study is that strong confidence is needed when starting a business, and requires competence to gain business success.

scholarly journals Kecepatan Adopsi Program Fasilitasi Hak Kekayaan Intelektual Merek Dagang untuk Usaha Kecil Menengah

2017 ◽  
Vol 11 (2) ◽  
pp. 183-190
Author(s):  
Fadzriani Nur ◽  
Sarwititi Sarwoprasodjo ◽  
Musa Hubeis
Keyword(s):  
Human Rights ◽  
Intellectual Property Rights ◽  
Communication Channel ◽  
Small And Medium Enterprises ◽  
Good Growth ◽  
Economic Community ◽  
Adoption Rate ◽  
Asean Economic Community ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Small-medium enterprises (SME) is a sectors who get special attention from Indonesia Government to face ASEAN Economic Community (AEC). Bandung is a city in West Java with a good growth on SME. But, SME have not awareness on their product legality. So, Bandung Government, make collaboration with State Minister for Small and Medium Enterprises and Trade  Industry and Ministry of Justice and Human Rights Bandung City, to make a new programs for protecting SME in Bandung. This purpose of this research were: (1) to know the adoption rate of trademark IPR facilitation programs in Bandung, (2) to analyze the factors can influence SME to take a decision for adopt the fasilitation programs of trademark intellectual property rights (IPR) for SME, and (3) to analyze the effect SME chararacteristic toward adoption rate of trademark IPR facilitation programs in Bandung, and Research was conducted in Bandung, since in June 2015 to April 2016. The results showed adoption rate in IPR trademark facilitating program, that most of SMEs registering IPR trademark were late majority. Around 51.50 percent of respondents registered on September and October 2014. Attribute of innovation are have influenced to take a decision, so give influenced too for adoption rate this program. But communication channel and communicator did not influence rate of adoption. SMEs characteristic did not influence significantly adoption rate  of the program

scholarly journals Peningkatan Aktivitas Pemasaran UMKM Melalui Pengembangan Website D’real Potatoes di Jakarta

2020 ◽  
Vol 2 (1) ◽  
pp. 17-25
Author(s):  
Frangky Selamat ◽  
Bagus Mulyawan ◽  
Hetty Karunia Tunjungsari
Keyword(s):  
Community Engagement ◽  
Business Model ◽  
Business Models ◽  
Small And Medium Enterprises ◽  
General Description ◽  
Website Development ◽  
Start Up ◽  
Marketing Activities ◽  
Medium Enterprises ◽  
Start Ups

ABSTRAK Memulai sebuah usaha startup adalah sebuah perjuangan yang penting dalam proses kewirausahaan. Startup mempunyai bisnis model yang berbeda dengan bisnis yang konvensional. Startup memiliki terobosan yang tidak dimiliki oleh bisnis konvensional sebelumnya. Model bisnis adalah gambaran umum dari proses pengembangan ide bisnis, mulai dari perencanaan sampai produk diproduksi dan dipasarkan. Menjalankan sebuah usaha mikro, kecil dan menengah (UMKM) tidak sama dengan menjalankan sebuah startup. Namun UMKM dapat dikembangkan menjadi sebuah startup bila didukung dengan pengembangan bisnis model secara optimal. Pengabdian masyarakat (Abdimas) ini dilakukan untuk membantu UMKM berkembang dengan meningkatkan aktivitas pemasarannya melalui pengembangan website. Ini adalah langkah awal untuk mengembangkan sebuah UMKM menjadi sebuah startup berbasis digital ABSTRACT Launching a start-up (starting a business) is an ideal assessment for the entrepreneurial process. A startup is a business that has a different business model compared to existing conventional businesses. There is a breakthrough in the pre-existing business model. Business model is a general description of a business creating, conveyed and discussed value, from the products produced. Establishing and running a Micro, Small and Medium Enterprises (MSMEs) is not the same as a start-up business. However, MSMEs can develop into start-ups if they are properly developed, by providing a more tangible touch in designing their business models. This community engagement activity carried out to help one of the fostered MSMEs to grow its business by increasing marketing activities through website development. The development of a website can boost marketing activities and become the first step for MSMEs to grow as digital-based startup business.

TÜRK KÖKENLİ KOBİ’LERİN MALEZYA’DAKİ FAALİYETLERİNİN İNCELENMESİ

2014 ◽  
Vol 1 (3) ◽  
pp. 281
Author(s):  
Refik Polat
Keyword(s):  
Small And Medium Enterprises ◽  
Value Added ◽  
Business Success ◽  
Total Output ◽  
Total Employment ◽  
Turkish Origin ◽  
Start Up ◽  
Demographic Attributes ◽  
Medium Enterprises ◽  
Year 2000

It is undeniable fact that Small and Medium Enterprises (SMEs) plays important role in the economic development for all countries. In Malaysia, the SMEs represent more than 95% of the total business establishments; contribute more than 40% of the total output, more than 60% of total employment, and more than 45% of total value-added since year 2000. This study is an evaluation of the contribution of entrepreneurial competencies and business success in small and medium sized enterprises (SMEs) which is Turkish origin entrepreneurs in the context of Malaysian economy. Through an empirical study of Turkish entrepreneurs in different sectors, this study explores the characteristics and attributes of Turkish entrepreneurs and their attitudes towards entrepreneurship and the entrepreneurial process and post-start-up of business in Malaysia. We also explore the motives, locus of control, and demographic attributes of Turkish entrepreneurs.

scholarly journals IMPLIKASI DAN TANTANGAN PEMBENTUKAN KOMUNITAS EKONOMI ASEAN TERHADAP PEREKONOMIAN NASIONAL

2017 ◽  
Vol 15 (3) ◽  
Author(s):  
Carunia Mulya Firdausy
Keyword(s):  
Agricultural Sector ◽  
Small And Medium Enterprises ◽  
Economic Community ◽  
Economic Sectors ◽  
The People ◽  
Asean Countries ◽  
Negative Impacts ◽  
Asean Economic Community ◽  
Small Medium Enterprises ◽  
Medium Enterprises

ASEAN  Economic Community (AEC) has been agreed by the ASEAN leaders in 2003 as one mechanism to increase the social economic welfare of the people in ASEAN countries. Whilst it is no doubt the formation of AEC will give many benefits to ASEAN countries, there will be also negative impacts of the AEC. This paper aimed at analysing the implication and challenges of the formation of the ASEAN Economic Community (AEC) toward Indonesian economy with particular attention to agricultural sector and the micro and small-medium enterprises (SMEs) development. The paper argues inter alia that the formation of AEC  will give benefit to ASEAN countries if and only if the ASEAN community has one voice in socio-economic and policial commitment and coordination. The economic sectors that need further greater improvement toward the success of the formation are agricultural sector and the micro, small and medium enterprises. Thus, much remain to be done by ASEAN countries in general and in Indonesia in particular toward the success of .the formation of AEC.

Investigating the Challenges of Crowdsourcing for Engineering Design: An Interview Study With Organizations of Different Sizes

2020 ◽  
Author(s):  
Hannah Forbes ◽  
Dirk Shaefer ◽  
Murtuza N. Shergadwala ◽  
Jitesh H. Panchal
Keyword(s):  
Engineering Design ◽  
Small And Medium Enterprises ◽  
Interview Study ◽  
Organizational Size ◽  
Large Organization ◽  
Open Design ◽  
Start Up ◽  
Potential Benefits ◽  
Medium Enterprises ◽  
Start Ups

Abstract Crowdsourcing has been identified as a valuable paradigm in the open design movement. In engineering design, it offers various benefits, such as the generation of diverse ideas and the involvement of consumers. Despite the potential benefits, there are many ways in which crowdsourcing initiatives may fail. An example of such a failure is when a previously successful initiative for a large organization fails to attract a suitable number of participants with diverse expertise for a start-up. Consequently, the start-up does not receive good sets of ideas, both in quantity and variety. Such failures of crowdsourcing initiatives are common due to the lack of appropriate design of crowdsourcing initiatives based on the organizational characteristics such as its size. While frameworks and guidelines exist for the design of crowdsourcing initiatives, whether these are useful for all sizes of organizations, is yet to be determined. Large organizations such as Procter & Gamble and NASA, now conduct crowdsourcing initiatives regularly. Furthermore, start-ups are emerging that leverage crowdsourcing as an integral part of their business model. On the contrary, small and medium enterprises (SMEs) have fallen behind in the adoption of crowdsourcing processes. In this paper, we aim to identify the challenges associated with crowdsourcing and how and whether these differ according to organizational size. We present the results of an interview study with industry professionals from five organizations of varying sizes, and yield key challenges associated with the application of crowdsourcing. This paper discusses suggested support mechanisms for crowdsourcing in SMEs and directions for further research for crowdsourcing in engineering design.

scholarly journals Aviation Entrepreneur Model (AEM) in Malaysia: A Review

2016 ◽  
Vol 1 (1) ◽  
pp. 42
Author(s):  
Suhaila Abdul Kadir ◽  
Muhamad Saufi Che Rusuli
Keyword(s):  
Self Efficacy ◽  
Small Businesses ◽  
Success Factors ◽  
Small And Medium Enterprises ◽  
Behavior Skills ◽  
The Government ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Studies in the literature have discussed on many of the success factors of small and medium enterprises. However, Aviation Entrepreneur has been given less attention by previous researchers. In present, Aviation Entrepreneur plays an important role in determining the success and Aviation Entrepreneur inculcating “wholesome” Aviation Entrepreneurs. The concept of this review is based on the Aviation Entrepreneur Model factors that contribute to the successful aviation entrepreneur such as traits, behavior, skills and self-efficacy. This study will provide a guideline to some parties involved either the government or private agencies like Small Medium Enterprises (SME), Majlis Amanah Rakyat (MARA), SMIDEC, FMM and PUNB for the purpose of developing small businesses so that Aviation Entrepreneurs can be globally competitive.

Pengaruh Pengalaman Usaha Dan Penggunaan Informasi Akuntansi Pelaku Usaha Mikro Kecil Menengah Terhadap Keberhasilan Usaha

2019 ◽  
Vol 6 (1) ◽  
pp. 27-39
Author(s):  
Khoirunnisa Cahya Firdarini
Keyword(s):  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Control Variable ◽  
Accounting Information ◽  
Total Sample ◽  
Creative Industries ◽  
Business Success ◽  
Statistical Tool ◽  
Business Experience ◽  
Medium Enterprises

Accounting information has an important role to achieve business success, as well as for small businesses.This research examines the effect of business experience and accounting information system used toward business success with age of business as control variable. The population of this research are small and medium enterprises (SMEs) in creative industries sector operated in Yogyakarta district. Based on purposive sampling method, total sample of this research is 200 SMEs. Statistical tool utilized to test the hypothesis in this study is path analysis using structural equation modelling (SEM). The test result shows that business experience and accounting information have positive and significant effect to the success of SMEs.

Kewirausahaan (Entreprenuership) Berbasis Manajemen Strategik bagi Wirausaha Baru di Kecamatan Kebayoran Lama Utara, Jakarta Selatan

2018 ◽  
Vol 1 ◽  
pp. 333
Author(s):  
Sintha Wahjusaputri ◽  
Ahmad Faisal Siregar
Keyword(s):  
Strategic Management ◽  
Community Organization ◽  
Small And Medium Enterprises ◽  
Group Discussion ◽  
Family Welfare ◽  
Start Up ◽  
Work Community ◽  
New Business ◽  
Medium Enterprises ◽  
Creativity And Innovation

Entrepreneurship (entrepreneurship) is a process of applying creativity and innovation in solving problems and finding opportunities to improve life (business and work). Community service activities are focused on small and medium enterprises (SMEs) built by PKK through UP2K in Kebayoran Lama Utara sub-district, in the form of food culinary, clothing, transportation and new business (start-up company). Business people as many as 30 people from various businesses. Methods used: (1) Survey; (2) Focus Group Discussion (FGD); (3) Briefing (Community Organization); (4) Community Development; (5) Learning Methods; and (6) Advocacy. The findings obtained are: (1) nine out of 10 organizations failed to realize SMEs due to no rest; (2) there are 5% of participants who understand the strategic plan; (3) 60% of organizations do not have realization budgets. The objectives of entrepreneurship based on strategic management are: (1) achievement of family economic effort improvement through group / individual business, so as to increase income and family welfare; (2) enhancing the capabilities and qualities of new entrepreneurs; (3) increasing knowledge, skills and skills for new entrepreneurs; (4) fostering groups of community or pre-cooperative economic enterprises in order to improve the family and community economy. Strategic management-based entrepreneurship is expected to promote effective and efficient SMEs for new entrepreneurs.

scholarly journals Extrapolative Collaborative Filtering Recommendation System with Word2Vec for Purchased Product for SMEs

2021 ◽  
Vol 13 (13) ◽  
pp. 7156
Author(s):  
Kyoung Jun Lee ◽  
Yu Jeong Hwangbo ◽  
Baek Jeong ◽  
Ji Woong Yoo ◽  
Kyung Yang Park
Keyword(s):  
Collaborative Filtering ◽  
High Performance ◽  
Recommendation System ◽  
Small And Medium Enterprises ◽  
Personal Information ◽  
Business Environment ◽  
Share Data ◽  
Artificial Intelligence Technology ◽  
Medium Enterprises ◽  
Start Ups

Many small and medium enterprises (SMEs) want to introduce recommendation services to boost sales, but they need to have sufficient amounts of data to introduce these recommendation services. This study proposes an extrapolative collaborative filtering (ECF) system that does not directly share data among SMEs but improves recommendation performance for small and medium-sized companies that lack data through the extrapolation of data, which can provide a magical experience to users. Previously, recommendations were made utilizing only data generated by the merchant itself, so it was impossible to recommend goods to new users. However, our ECF system provides appropriate recommendations to new users as well as existing users based on privacy-preserved payment transaction data. To accomplish this, PP2Vec using Word2Vec was developed by utilizing purchase information only, excluding personal information from payment company data. We then compared the performances of single-merchant models and multi-merchant models. For the merchants with more data than SMEs, the performance of the single-merchant model was higher, while for the SME merchants with fewer data, the multi-merchant model’s performance was higher. The ECF System proposed in this study is more suitable for the real-world business environment because it does not directly share data among companies. Our study shows that AI (artificial intelligence) technology can contribute to the sustainability and viability of economic systems by providing high-performance recommendation capability, especially for small and medium-sized enterprises and start-ups.

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