The Effect of Entrepreneurial Behavior on Salted Fish Business Performance at Muara Angke

Nurfiqayumi Arnis,Burhanuddin Burhanuddin,Lukman M Baga

doi:10.17358/ijbe.4.3.217

Nurfiqayumi Arnis, Burhanuddin Burhanuddin + Show 1 more

Open Access

https://doi.org/10.17358/ijbe.4.3.217

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Abstract

Business performance was one of the benchmarks of entrepreneurial behavior so the concept of entrepreneurial behavior in businessmen is important, because it will impact on business performance. Entrepreneurial behavior is formed by two factors namely individual and environmental factors. The objective of this research were to analyze the effect of individual and environmental factors that influence entrepreneurial behavior and to analyze the influence of entrepreneurial behavior on business performance of Salted fish in Muara Angke. This research used Structural Equation Modeling-Partial Least Square (SEM-PLS) 3.0 for quantitative analysis. The result of this research indicated that individual factor had a positive effect and it was significant on entrepreneurial behavior with coefficient value 0.317 and t-statistics 3.860, while the environmental factor in salted fish business had a positive effect, and it was insignificant on entrepreneurial behavior because the value of t-statistics was 1,262 1.96, which means that any increase of entrepreneurial behavior will improve business performance of salted fish businessmen in Muara Angke. Keywords: entrepreneurial behavior, business performance, salted fish, partial least square

Highlights

In Indonesia, SMEs dominated most business sectors, especially in agriculture, fishery and livestock
The result of this research indicated that individual factor had a positive effect and it was significant on entrepreneurial behavior with coefficient value 0.317 and t-statistics 3.860, while the environmental factor in salted fish business had a positive effect, and it was insignificant on entrepreneurial behavior because the value of t-statistics was 1,262 < 1.96
This can be seen from the t-statistic value of 2.551 > 1.96, which means that any increase of entrepreneurial behavior will improve business performance of salted fish businessmen in Muara Angke

Summary

Introduction

In Indonesia, SMEs dominated most business sectors, especially in agriculture, fishery and livestock. Indonesia as the country's largest maritime axis and archipelago is endowed with a wealth of fishery resources that are very abundant and spread in almost all regions. The importance of entrepreneurship is shown by Chang et al (2009) who states that the British government publishes its national white book entitled “Our Competitive Future: Building the Knowledge Driven Economy 1999”. It contains the reasons why entrepreneurship is so important and the information that entrepreneurship and innovation are critical incentives for the economic growth and development, since both can increase productivity and employment. The more entrepreneurial attitudes that grow in the society, the higher the economic improvement of a country will be

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