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All Journal Indonesian Journal of Business and Entrepreneurship (IJBE) Jurnal Litbang Provinsi Jawa Tengah Journal Of Business, Finance, and Economics (JBFE) Akuntansi'45 : Jurnal Ilmiah Akuntansi EKONOMIKA45 NUSANTARA: Jurnal Pengabdian Kepada Masyarakat Proceedings of The International Conference on Business and Economics Perigel: Jurnal Penyuluhan Masyarakat Indonesia Jurnal Manajemen dan Ekonomi Kreatif Trending: Jurnal Manajemen dan Ekonomi Research Horizon Karunia: Jurnal Hasil Pengabdian Masyarakat Indonesia
Adenanthera Lesmana Dewa
Universitas Maritim AMNI Semarang
Agriculture, Biological Sciences & Forestry Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Engineering Health Professions Law, Crime, Criminology & Criminal Justice Public Health Social Sciences

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Journal : Indonesian Journal of Business and Entrepreneurship (IJBE)

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The Effect of Entrepreneurial Orientation on Sustainability Decisions in SMEs Run By Millennial Generations in Semarang, Indonesia Adenanthera L Dewa; Ariana Oktavia; Lisda Rahmasari
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 9 No. 3 (2023): IJBE, Vol. 9 No. 3, September 2023
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.9.3.370

Abstract

This study aims to measure the performance of SMEs run by the millennial generation by investigating the effect of entrepreneurship orientation indicators of innovation, proactivity, and risk orientation on sustainability decisions by using the mediating effect of future orientation. The research was conducted in 160 SMEs run by the millennial generation in Semarang, Indonesia. The sampling was conducted using simple random sampling, while the analysis was performed by examining path analysis using the PLS-SEM technique. The results showed significant influences of innovation, proactivity, and risk orientation on future orientation. The analysis of the mediating role of future orientation showed its capability to strengthen the effects of innovation, proactivity, and risk orientation on sustainability decisions. The findings have implications for allowing millennial generation SMEs to remain competitive in the development of the digital world by making them more future-oriented and to have a better future outlook to mitigate uncertainties in the future by optimizing innovation proactivity and risk orientation. Therefore, the factors critical for the sustainability of millennial SMEs are adjusting strategies that can seize current opportunities and develop digital capabilities and innovation strategies to compete in an increasingly competitive market. Keywords: entrepreneurship orientation, future orientation, sustainability decision, SMEs, millennial generations
Co-Authors Abimanto, Dhanan Andar Sri Sumantri Ariana Oktavia Dani Yusuf Maulana Dedy Rusmiyanto Izza Mafruhah J. Sunyoto Kirana Rara Ningrum kusdibyo, kusdibyo Lely Ratwianingsih Lisda Rahmasari Lisda Rahmasari Muhamad Thoriq Ramadani Niken Adriana R. Ully Retno Mulatsih Rizqi Candra Noviasari Sulistyowati Tri Widayati Uut Dwi Karningsih Wasi Sumarsono