Abstract
Competition between state-owned enterprises (SOEs) and private mining companies are getting bigger and stronger, but state-owned holding companies such as MIND ID have decreased performance due to several factors such as business focus and small business scale. This should be supported by the optimization of resources and the transformation of the competence of each employee to encourage the entrepreneurial spirit. This study was conducted to examine the corporate entrepreneurship culture in three state owned mining companies (PT. ABC, PT. DEF, and PT. GHI) and compared with private mining companies (PT. XYZ, PT. OPS, and PT. RTU). This study uses two methods, Entrepreneurial Orientation Survey (EOS) and Entrepreneurial Leadership Questionnaire (ELQ). EOS is used to measure corporate entrepreneurship culture and ELQ to see entrepreneurial characteristics in expected leadership and actual conditions of its implementation. EOS results show that the corporate entrepreneurship culture of mining SOEs has advantages in Cross-Functionality and Support to New Ideas while private mining companies have significantly higher Speed and Focus dimensions than mining SOEs. The ELQ results show that mining SOEs have the type of leadership in entrepreneurship (Miner type) and the leadership type of private mining companies in Explorer has a higher score than mining SOEs. Mining SOEs are advised to increase the dimensions of corporate entrepreneurship, one of which is by providing scholarships for employees taking magister program and creating a competition program that supports future innovation also the companies should provide training on corporate entrepreneurship.
Highlights
In an era of globalization, business competition is getting bigger and tougher
Private mining companies have a lower score than mining State-Owned Enterprises (SOEs), because private companies tend to instill creativity in all employees so that there is no special division to innovate the company
A very significant difference occurs in the speed dimension, private mining companies have higher speed than mining SOEs
Summary
In an era of globalization, business competition is getting bigger and tougher. The competition between private mining companies and the Ministry of State-Owned Enterprises (SOEs) is getting hotter, each party claims that the termination of the giant coal mine in Bumi Pertiwi is more suitable for them (Budiartie, 2019). The problem arises because of which one will be more profitable for the state for the management of giant coal mines in the future. This causes SOEs to have more efforts and innovations to increase productivity. Innovation and strategic management in the management of SOEs are important in preconditions to improve the performance of SOEs and are the key to success in creating the right business environment. In SOEs, the culture that is instilled in its employees is AKHLAK BUMN, one of which is adaptive, which means constantly innovating to Volume 04 Issue 12 December 2021 Available at: ijcsrr.org Page No.- 1815-1829
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