BISMA (Bisnis dan Manajemen)
Vol. 16 No. 1 (2023)

The resilience of youth entrepreneur: The role of social capital, financial literacy, and emotional intelligence on SME performance in Indonesia

Saparila Worokinasih (Universitas Brawijaya)
Nila Firdausi Nuzula (Universitas Brawijaya)
Cacik Rut Damayanti (Universitas Brawijaya)
Thongvanh Sirivanh (National University of Laos)



Article Info

Publish Date
31 Oct 2023

Abstract

The objective of this paper is to investigate factors that contribute to strengthening the business performance of youth entrepreneurs. This study, which is based on the Resource-Based Theory (RBV), examines the social capital, financial literacy, and emotional intelligence of small and medium-sized business (SME) youth owners’ effect on business performance. The link between the variables is evaluated using the Partial Least Square Path Modelling. The findings demonstrated that the social capital and financial literacy of youth entrepreneurs have a positive and significant effect on emotional intelligence. Whereas SME performance was directly influenced by the youth owner's emotional intelligence. Based on the research, SME’s youth owners are urged to strengthen their emotional intelligence in order to make prudent business choices that would significantly enhance their firm's success. Along with this, maintaining the relationship and upgrading their financial literacy could indirectly enhance business performance.

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Journal Info

Abbrev

bisma

Publisher

Subject

Social Sciences

Description

BISMA (Bisnis dan Manajemen) is a peer-reviewed and open access platform which focuses on business, management, and entrepreneurship. The aim of BISMA is to be a authoritative source of information on it’s focuses. The scope of BISMA are but not strictly limited to: strategic management, good ...