scholarly journals FACTORS THAT DETERMINE THE PERFORMANCE IMPROVEMENT OF SMALL AND MEDIUM ENTERPRISES IN JAKARTA

2019 ◽  
Vol 8 (2) ◽  
pp. 38-45
Author(s):  
Rudy Santosa Sudirga

The research of factors that determine the performance improvement of small and medium enterprises in Jakarta is based on the background of increasing small and medium enterprises sector in Jakarta. The benefits of this study are to find out what factors are most influential on the performance of small and medium enterprises in Jakarta. The authors took a number of 200 samples of small and medium enterprises in Jakarta, and the research data analysis technique is multiple regression with Structural Equation Modelling IBM SPSS Amos version 23. The results of respondents who answered the questions were dominated by respondents with a high school education background 152 people (76%), with ages ranging between 41–50 years 117 people (58.5%), and having income turnover above 90 million rupiah per month 122 people (61%), so it can be categorized that the majority of small and medium business entrepreneurs are educated in high school and are still in the productive age range. The results showed that the Business/Product Innovation, Business Competence, Business Capital, and Population had a significant effect on Business Performance, while variables Environmental Factors have no significant effect on Business Performance.

2018 ◽  
Vol 7 (4.34) ◽  
pp. 340
Author(s):  
Nurul Hermina ◽  
Adjeng Mariana ◽  
Keni Kaniawati

Micro, small and medium enterprises (MSME – Indonesian: UMKM – Usaha Micro, Kecil dan Menengah) are the key to increase growth, create employment, act as the source of people’s income, to fulfil the need of goods and services, to increase the added values which eventually influence the economic growth. This research is aimed to explain how business environment and capability influence the competitive advantage which plays an important role that determines the business performance of MSME. The total sample able to be collected with web-based design is 56 MSME/UMKM from all over Indonesia. The analysis technique used is structural equation modeling (SEM). The study proves that business environment does not significantly influence the business performance of MSME/UMKM. However, this variable contributes significant indirect influence with a greater level than its direct influence. The finding indicates that improvement in business environment will be able to boost the business performance if it is combined with the improvement in competitive advantage of the MSME/UMKM.   


Author(s):  
Ahmed Abdullah Alhamami ◽  
Noor Azuan Hashim ◽  
Roshayati Abdul Hamid ◽  
Siti Ngayesah Ab. Hamid

Social media (SM) has become a necessity and a method to confront challenges and fierce competition. More than half of the population are using SM. However, its implication for small and medium enterprises (SMEs) is not well documented and researched. Therefore, the purpose of this study is to review the literature pertaining to the adoption of SM by SMEs. A systematic literature review was conducted using specific keywords and database. This has resulted in reviewing 28 related articles. The findings was presented using frequency analysis. Number of articles are increasing steadily especially in emerging markets with large number of studies deploying the exploratory nature. The most widely used theory is the technological-organizational-environmental framework (TOE) and the sample size of the reviewed studies is adequate. Increasingly the structural equation modelling are being used. However, the use of intervening variable is minimal. The finding also showed that organizational and environmental context variables are the most important predictors of SM adoption by SMEs while the consequence of this adoption on business performance is mixed. There is a need for more studies to discover the consequence of adopting SM by SMEs using a combination of theories.


2019 ◽  
Vol 1 (2) ◽  
pp. 108-124
Author(s):  
Retno Dwi Haryanti ◽  
Grace Tiana Solovida ◽  
Rudi Suryo Kristanto

Small and Medium Enterprises (SME’s) is a business activity that is able to share work and provide economic services widely to the community and can play a role in the process of equity and increase community income, encourage economic growth, and the role in realizing national stability. The growth of SMEs requires good performance from entrepreneurs who with an entrepreneurial spirit to make business in. The aims of this research are to analyze the influence of managerial skill, entrepreneurship behavior and motivation to business performance on SME’s of Food in Gesing Village, Kandangan District, Temanggung Regency. There are 100 SME owners were taken as samples in this study. The data were collected using a questionnaire. The data analysis technique used multiple linear regression analysis. The results showed that the managerial skill, entrepreneurial behavior and motivation have a positive and significant effect on the performance of SME’s of food. This shows that the better the managerial skill, entrepreneurial behavior, and motivation, the higher the performance of SMEs. the value of Adjusted R square is 0.782 shows the variation of business performance of SME’s in Gesing can be explained by managerial ability factor, entrepreneurship and motivation behavior is 78.2%, while 21.8% is explained other factors outside in the model.


2021 ◽  
pp. 88-107
Author(s):  
Humaira Asad ◽  
Memoona Shaheen ◽  
Muhammad Aftab

This study aims to develop a model that explains the Islamic finance adoption by small and medium enterprises (SMEs). We extend the Theory of Planned Behavior by uniting it with the Theory of Diffusion of Innovation. The proposed model examines the effect of innovativeness along with the attitude formation and intention factors towards Islamic finance by focusing on the small and medium enterprises (SMEs). This model was tested by analyzing data from 505 SMEs owners using Structural Equation Modelling. The results show that it is not only the attitude towards Islamic finance and other behavioral factors that determine the intention to use Islamic finance, the innovativeness also matters Keywords: Momentum, Portfolio, Winner Stocks, Loser Stocks


2020 ◽  
Vol 12 (10) ◽  
pp. 4019
Author(s):  
Anna Irimiás ◽  
Ariel Mitev

The purpose of this paper is to capture firms’ perceptions on the relationship between change management, digitalization, business performance, and green development. The adaptation of digital technologies has challenged the business environment, leading to a major incorporation of the role of entrepreneurs in the process of fostering green development. Building on data from a survey study with 270 Small and Medium Enterprises (SMEs) and large companies located in a relatively developed Hungarian region and adopting the Strategic Action Field (SAF) theory, firms’ perceptions on change management, digital maturity, and green development were explored. The data was analyzed using partial least squares structural equation modelling (PLS-SEM). Results revealed that change management has a direct positive effect on digital maturity and on business performance and has a small effect on companies’ commitment towards green development. This paper contributes to the debate on the relationship between digitalization and green development within entrepreneurial organizations.


2020 ◽  
Vol 5 (1) ◽  
pp. 39
Author(s):  
Hasmaynelis Nelis Fitri ◽  
Ramdani Bayu Putra Bayu Putra ◽  
Lusiana Lusiana Lusiana

<p>The increasingly strong pressure of change in the industrial era 4.0 has forced all entities to make changes. Therefore the purpose of this study is to find out and analyze the effect of the influence of business knowledge on business performance through business skills and innovation in micro, small and medium enterprises (MSMEs) in the city of Padang in the industrial era 4.0. The population and sample of this study were 225 MSMEs in Padang City. The model of this study is structural equation modelings (SEM), with an analysis tool using SmartPLS 3. The findings of this study conclude that there is a positive and significant influence of business knowledge, business skills, innovation on business performance. In addition, it was also found that business knowledge has a positive and significant effect on business skills and innovation. While indirect effects through innovation variables are found in the fact that innovation cannot play a role in strengthening the influence of business knowledge on business performance. But the indirect effect through the variable business skills, found a significant effect of business knowledge on business performance.</p><p align="center"> </p><p>Desakan perubahan yang semakin kuat di era industri 4.0, telah memaksa semua entitas untuk melakukan perubahan. Oleh karena itu tujuan penelitian ini adalah untuk mengetahui dan menganalisis pengaruh pengaruh <em>business knowledge</em> terhadap <em>business performance</em> melalui <em>business skill</em> dan <em>innovation</em> pada Usaha mikro kecil dan menengah (UMKM) di Kota Padang di era industri 4.0. Populasi dan sampel penelitian ini adalah 225 UMKM di Kota Padang. Model penelitian ini adalah <em>structural equation modelings</em> (SEM), dengan alat analisis menggunakan SmartPLS 3. Temuan penelitian ini menyimpulkan terdapat pengaruh positif dan signifikan <em>business knowledge, businee skills, innovation </em>terhadap <em>business performance</em>. Selain itu, juga ditemukan bahwa <em>business knowledge</em> berpengaruh positif dan signifikan terhadap <em>business skills </em>dan<em> innovation</em>. Sedangkan pengaruh tidak langsung melalui variabel <em>innovation</em> ditemukan fakta bahwa <em>innovation</em> tidak dapat berperan dalam memperkuat pengaruh <em>business knowledge</em> terhadap <em>business performance</em>. Namun pengaruh tidak langsung melalui variabel <em>businee skills, </em>ditemukan pengaruh yang signifikan <em>business knowledge</em> terhadap <em>business performance.</em></p>


2017 ◽  
Vol 5 (1) ◽  
pp. 68
Author(s):  
Choirul Hudha

The purpose of the study were to examine and analyze the influence of education level, accounting knowledge, accounting training on the use of accounting information, and to examine and analyze the environmental uncertainty as a moderating variable that influence the education level, accounting knowledge and accounting training on the use of accounting information. The number of population in this research were 514 owners of Small and Medium Enterprises (SMEs) in Surabaya. The sample selection in this research based on proportional random sampling and choosen 225 owners of the SMEs. The data collection techniques used questionnaires, interviews, and documentation. The analyze method used Structural Equation Modelling (SEM). The results showed that the education level did not significantly influence the use of accounting information. The accounting knowledge and accounting training significantly influence the use of accounting information on SMEs. The environmental uncertainty as a moderating variable moderated the influence of education level, accounting knowledge, and accounting training on the use of accounting information


2016 ◽  
Vol 13 (03) ◽  
pp. 1640005 ◽  
Author(s):  
Kayhan Tajeddini

Research into product innovation and financial orientation in the small and medium enterprises (SMEs) is burgeoning, yet our understanding of the finance product innovation and performance remains unclear. Given the lack of empirical research on the role of financial orientation on innovation performance in the SMEs, especially in an Asian context, the current study addresses the relationships between financial orientation, product innovation and business performance in the Japanese SMEs, because it has a long established record on product innovation. Data were generated from 189 Japanese businesses and the results were analyzed using multiple regression. Results confirm the study hypotheses. Implications for management are discussed, along with suggestions for further research.


2017 ◽  
Vol 4 (1) ◽  
pp. 17
Author(s):  
Febrina Mahliza ◽  
Wahyu Budi Priatna ◽  
Burhanuddin Burhanuddin

Micro, small and medium enterprises (MSMEs) has an important role in the national economy. Many MSMEs in Indonesia are family businesses, one of them is “tofu” production in Bogor. Although these businesses are constrained by the prices of raw materials, most of them can survive. The purpose of this study were (1) to analyze the characteristics of the “tofu” business (2) analyze the influence of the family and the economic environment on the performance of the “tofu” business. 114 respondents are collected using purposive sampling method. Data are analyzed using the approach of Structural Equation Modeling (SEM). This study shows that based on the revenue, “tofu” businesses are micro, small and medium enterprises. The results also suggest that the culture and economic environment significantly affect the business performance. Culture can improve business performance, while the economic environment can decrease the business performance.


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