International Journal of Business Studies
Vol 2 No 2 (2018): International Journal of Business Studies (IJBS)

The Analysis of Potential Growth for Indonesia’s Micro Small Medium Business Owners

Christian Haposan Pangaribuan (Sampoerna University)
Okta Prihatma Bayu Putra (Bina Nusantara University)
Lidhiah Lesthary (Sampoerna University)
Glory Aguzman (Bina Nusantara University)
Desman Hidayat (Bina Nusantara University)

Article Info

Publish Date
15 Jun 2018

Abstract

This study examines the relation between potential growth in the context of micro, small, medium enterprises by evaluating several factors, i.e. lack of marketing ability, inadequate business training, technological backwardness, poor quality of products, lack of innovation, unfavorable legal and regulatory framework, insuficient capital, and shortage of skilled labor. The data collected is from 196 self-employed enterprises in Jakarta, Indonesia. Results indicate that unfavorable legal and regulatory framework is the most affecting factor to slow down the growth of small businesses as well as a hindrance to its exports opportunities abroad. The further investigation of demographic factors shows how the differences canadd to ourunderstanding in the potential growth of smallbusinesses.

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Journal Info
International Journal of Business Studies
Website

Abbrev

ijbs

Publisher

Sekolah Tinggi Manajemen IPMI

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

International Journal of Business Studies (IJBS) is an international open access and peer-reviewed journal published tri-annually in February, June, and October by IPMI Research Center, Sekolah Tinggi Manajemen IPMI. IJBS aimed to provide research articles in order to have a significant implication ...