Prominent factors of etrepreneurial self-efficacy in West Java: comparison between men and women entrepreneur

Wiendy Puspita Sari,Puteri Andika Sari,Dito Rinaldo

doi:10.2478/hjbpa-2021-0022

Wiendy Puspita Sari, Puteri Andika Sari + Show 1 more

Open Access

https://doi.org/10.2478/hjbpa-2021-0022

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Abstract

Abstract Entrepreneurial Self-Efficacy (ESE) is important for entrepreneurs to build and maintain their business. The research purposes are to delve more about the components of ESE in West Java and the difference of these components between men and women entrepreneurs. West Java is one of province in Indonesia (Developing Country) that has high growth of High School and Medium Enterprises (SME’s). This study used quantitative approached. A questionnaire was spread to 52 entrepreneurs in West Java for gathering data. Soft Modelling method named Partial Least Square was used in this study. Predictors of ESE are Entrepreneurial Knowledge, Entrepreneurial Experiences, Instrumental Readiness, Risk Propensity. Findings will be discussed deeply in discussion section of this study. The result of this study confirm the prominent factors that influence ESE positively and how each factor affect men and women entrepreneurs

Highlights

In 2019, Covid 19 was determined to be a new kind of respiratory disease
Large-Scale Social Restrictions ("Pembatasan Sosial Berskala Besar"), a government policy enacted to mitigate the deployment of the Covid19, reduced economic activity in Indonesia and caused the Gross Domestic Product (GDP) to fall
= Px2y X2 + ε2 = Px3y X3 + ε3 = Px4y X4 + ε4 X1 refers to Entrepreneurial Knowledge, X2 refers to Entrepreneurial Experiences, X3 refers to Instrumental Readiness, X4 refers to Risk Propensity and Y refers to Entrepreneurial Self-Efficacy

Summary

Introduction

In 2019, Covid 19 was determined to be a new kind of respiratory disease. It has spread all across the world, resulting in a worldwide pandemic. From major multinationals to small businesses, were decimated by this epidemic. Businesses are finding it difficult to survive in this pandemic since a variety of commercial operations are prohibited in order to prevent the virus from spreading. Large-Scale Social Restrictions ("Pembatasan Sosial Berskala Besar"), a government policy enacted to mitigate the deployment of the Covid, reduced economic activity in Indonesia and caused the GDP to fall. The drop in economic activity and the rise in population have resulted in a decrease in national income

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