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A Performance Study of Micro-Small-Medium-Enterprises (MSMEs) in Emerging Economy: Role of Entrepreneurial Orientation Sunyoto, Hadi Kusuma
JURNAL ADMINISTRASI BISNIS (JAB) Vol. 14 No. 1 (2024)
Publisher : Universitas Sam Ratulangi

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Abstract

The role of MSMEs in economic growth across the world has become more critical over recent years because of the intensively changing business environment. MSMEs especially in Indonesia have contributed to reducing the unemployment rate. However, the problem of MSMEs is maintaining their businesses because of inefficiency in operating and producing competitive advantage. This research aims to examine the performance of MSMEs in emerging economies, particularly Surabaya City, Indonesia. The dimensions of entrepreneurial orientation were used to measure firms’ performance. They are proactiveness, innovativeness, risk-taking, autonomy, and competitive aggressiveness. The multiple linear regression analysis, classic assumption test, and purposive sampling technique were applied in this research. The findings of this study indicate that innovativeness, risk-taking, autonomy, and competitive aggressiveness variables significantly influence firms’ performance. Only the proactiveness variable was found not significant.
The Impacts of Strategic Orientation and Knowledge Management on Firms’ Performance of SMEs in Surabaya Sunyoto, Hadi Kusuma; Sendy, Sendy; Lay, Felicia Cheryl
JURNAL STIE SEMARANG Vol 16 No 2 (2024): Jurnal STIE Semarang
Publisher : Sekolah Tinggi Ilmu Ekonomi Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33747/stiesmg.v16i2.711

Abstract

The importance of SMEs as the driver of economic growth globally has become more crucial over recent decades because of the constantly changing business environment. SMEs especially in Indonesia have supported the government in fighting the unemployment rate. Nevertheless, the common problem of SMEs is sustaining their businesses because of ineffective operations and exploring competitive advantage. The objective of this study is to identify the performance of SMEs in Surabaya City, Indonesia. Three strategic orientations: market orientation, technology orientation, entrepreneurial orientation, and knowledge management were used to test firms’ performance. This study applies the multiple linear regression analysis, classic assumption test, and purposive sampling technique. The findings of this study encompass that technology orientation, entrepreneurial orientation, and knowledge management variables significantly influence firms’ performance. Only the market orientation variable was found not significant on firms’ performance.
A Performance Study of Micro-Small-Medium-Enterprises (MSMEs) in Emerging Economy: Role of Entrepreneurial Orientation Sunyoto, Hadi Kusuma
JURNAL ADMINISTRASI BISNIS (JAB) Vol. 14 No. 1 (2024)
Publisher : Universitas Sam Ratulangi

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The role of MSMEs in economic growth across the world has become more critical over recent years because of the intensively changing business environment. MSMEs especially in Indonesia have contributed to reducing the unemployment rate. However, the problem of MSMEs is maintaining their businesses because of inefficiency in operating and producing competitive advantage. This research aims to examine the performance of MSMEs in emerging economies, particularly Surabaya City, Indonesia. The dimensions of entrepreneurial orientation were used to measure firms’ performance. They are proactiveness, innovativeness, risk-taking, autonomy, and competitive aggressiveness. The multiple linear regression analysis, classic assumption test, and purposive sampling technique were applied in this research. The findings of this study indicate that innovativeness, risk-taking, autonomy, and competitive aggressiveness variables significantly influence firms’ performance. Only the proactiveness variable was found not significant.