Jurnal Bisnisman : Riset Bisnis dan Manajemen
Vol 5 No 1 (2023): Jurnal Bisnisman : Riset Bisnis dan Manajemen

The Sustainability of MSME Business Competitiveness in Bogor City in Review from Entrepreneurial Orientation, Financial Capital and Innovation

Muhammad Akbar (Universitas Muhammadiyah Bima)
Marwan Effendi (Sekolah Tinggi Ilmu Ekonomi Manajemen Bisnis Indonesia)
Winanto Nawarcono (Sekolah Tinggi Ilmu Ekonomi Nusa Megarkencana)
Aji Priambodo (Institut Teknologi dan Bisnis Muhammadiyah Purbalingga)
Sufyati H.S. (Universitas Pembangunan Nasional Veteran Jakarta)



Article Info

Publish Date
31 May 2023

Abstract

Micro, small, and medium enterprises (MSMEs) play a crucial role in driving economic growth and job creation in many countries, including Indonesia. However, MSMEs often face challenges in maintaining their long- term competitiveness. This research aims to examine the sustainability of MSME competitiveness in Bogor City, Indonesia, from the perspectives of entrepreneurial orientation, financial capital, and innovation. A total of 384 MSME owners/managers participated in this study. The research findings indicate that entrepreneurial orientation, financial capital, and innovation have a positive and significant correlation with MSME competitiveness. Furthermore, regression analysis reveals that entrepreneurial orientation, financial capital, and innovation significantly predict MSME competitiveness in Bogor City. These findings suggest that policymakers and stakeholders should focus on enhancing the entrepreneurial orientation of MSMEs, improving their access to financial resources, and fostering innovation capabilities to drive the sustainability of MSME competitiveness in Bogor City.

Copyrights © 2023






Journal Info

Abbrev

bisnisman

Publisher

Subject

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

Description

Jurnal Bisnis dan Manajemen (BISNISMAN) ini diterbitkan oleh Program Studi Manajemen Universitas Nusa Putra, sebagai jurnal yang terbit setiap empat bulanan yang fokus menyajikan tulisan-tulisan tentang bisnis, manajemen dan kewirausahaan. Jurnal ini berisi artikel-artikel penelitian atau ...