Micro, Small And Medium Enterprises Entrepreneurs Research Articles

Upaya Meningkatkan UMKM Ketupat Viral Desa Hamparan Perak Menggunakan Social Media

Micro, Small, and Medium Enterprises (MSMEs) are encouraged to leverage social media as an online marketing tool to reach a broader market. Currently, social media is easily accessible and widely favored by people worldwide. Therefore, MSME entrepreneurs are recommended to utilize social media as a means to share information about their products with consumers online. This research aims to assist and convince MSME entrepreneurs in Hamparan Perak Village about the benefits of social media for expanding their marketing reach. Through research on marketing enhancement strategies via social media, it can be determined how significant the impact and benefits of social media are for the development of MSME marketing in Hamparan Perak Village, Hamparan Perak District, Deli Serdang Regency.

Innovation of Moringa Leaves as Natural Resources of Ketimang Village, Wonoayu Sidoarjo, into a Health-Beneficial Tea

Education is a critical determinant of successful development across economic, social, and cultural dimensions. In parallel, entrepreneurship plays a significant role in regional advancement, particularly within Micro, Small, and Medium Enterprises (MSMEs). Despite the nutritional benefits of Moringa leaves, there is limited awareness among MSME actors regarding their potential applications in health-focused products. This community service program aims to enhance the competencies of MSME entrepreneurs in Ketimang Village by promoting Moringa leaves as a health-beneficial tea. Implementation involved a series of activities, including a location survey, problem formulation, execution, and monitoring, culminating in the development of a community service journal. The outreach efforts led to a marked increase in public awareness about the health benefits of Moringa leaves, particularly in tea form. This initiative uniquely combines educational elements with practical processing methods for Moringa leaves, fostering innovation among local entrepreneurs. The findings underscore the potential of Moringa leaves as a valuable resource for health promotion and entrepreneurial development, suggesting that similar programs could further empower MSMEs while enhancing community health awareness. Highlights: Increased awareness of Moringa leaves' health benefits among MSME entrepreneurs. Utilized a systematic implementation approach, including surveys and evaluations. Fostered innovation by providing practical methods for processing Moringa into tea. Keywords: Moringa leaves, health benefits, MSMEs, community service, entrepreneurship

Innovation capability as a mediator of the relation between talent management and entrepreneurial firm performance

PurposeThe study aims to investigate innovation capability as a mediator in the relationship between talent management (TM) and entrepreneurial firm performance in Micro, Small and Medium Enterprises (MSMEs) in Thailand based on employer perceptions.Design/methodology/approachA questionnaire survey was completed by 674 MSMEs in Thailand, both directly and online. Four hypotheses were tested using structural equation modelling (SEM).FindingsThe results demonstrated that TM has a significant and positive influence on innovation capability, but no evidence was found for a positive relationship between TM and entrepreneurial firm performance. However, innovation capability positively influences entrepreneurial firm performance, and it fully mediates the positive relationship between TM and entrepreneurial firm performance. These results suggest that TM can enhance entrepreneurial firm performance if it is implemented with effective innovation capability.Research limitations/implicationsThe SEM model was employed with a limited number of enterprises, so the sample cannot represent the full population, as there are more than three million MSMEs in Thailand. More countries and factors should be incorporated into the model.Practical implicationsThe owner-managers and HR practitioners of MSMEs can utilise the study results to develop talent strategies and innovative interventions that will enhance their firm’s performance.Social implicationsThis study thus aims to strengthen the capacities of MSME entrepreneurs and policymakers to elevate inclusive innovation capability in MSMEs and to also accelerate progress towards the Sustainable Development Goals (SDG); innovation is one of the three important aspects of SDG9.Originality/valueThe study contributes by filling the research gap related to TM in the MSME business and enterprise development literature, and it aids in creating innovation capability to increase effective investments in TM.

Entrepreneurship orientation toward adoption of Metaverse: An MSME entrepreneur perspective

Metaverse will be a game-changer for micro, small, and medium enterprises (MSMEs) in the coming years. Despite its benefits, the entrepreneur's orientation and perception of its usefulness play an essential role in determining its adoption and usage. This study examines the behavioral factors influencing MSMEs’ decisions to integrate Metaverse into their businesses. Additionally, this study investigates MSME entrepreneurs’ perceptions of this new technology and determines the influence of these perceptions on Metaverse adoption. Using the five-dimensional entrepreneurship orientation scale (FDEOS) and parts of the Technology Adoption Model (TAM) as the primary constructs, a survey was conducted among 384 MSMEs. Structural equation modeling was used to analyze the direct effects of FDEOS and the mediating relationship between perceived usefulness and ease of use on the intention to adopt the Metaverse by these MSMEs. Findings reveal the critical dimensions of entrepreneurship orientation that would determine the adoption of the Metaverse. The mediating effects also have significant and interesting results. This study helps segment MSMEs based on their entrepreneur's orientation toward the Metaverse. Platform developers, strategists, and marketers would highly benefit from this study, which provides empirical evidence for MSME user adoption of Metaverse services.

The Impact of E-Commerce Platform Adoption Among MSME: A Literature Review

The spread of the COVID-19 pandemic has changed daily life greatly. As a result of the restrictions implemented during the spread of COVID-19, most transactions were undertaken online. All economic sectors, including the Micro, Small, and Medium Enterprises (MSME) sector, were affected by the new norms. At the beginning of the COVID-19 outbreak, online transactions were challenging to implement. Nevertheless, they are becoming easier and help entrepreneurs maintain consistent operations until the economic situation becomes stable. The MSME sector is crucial in comparison with other primary sectors in the acquisition of national income. This review article discusses the impact of the adoption of e-commerce platforms among MSME entrepreneurs based on three aspects of technology, organisation, and environment in a recovering economy after the spread of the COVID-19 pandemic. The three primary aspects of the technology, organisation, and environment (TOE) model are widely adopted in the study of e-commerce platform adoption. In the future, this study will continue with the methodology, findings, and discussion sections.

Utilization of cow dung for biogas to improve livestock breeders and MSME entrepreneurs' economy

Sriwulan Village, located in Limbangan District, Kendal Regency, is home to both cattle farmers and several Micro, Small, and Medium Enterprises (MSMEs). The village has a farmer group named Ngudi Kawruh, managing around 20 cows. However, cow dung in the area has become a source of air pollution, and the four MSMEs still rely on Liquefied Petroleum Gas (LPG) for production. One effective solution to this issue is converting cow dung into biogas, which offers both environmental and economic benefits. This community service program aims to introduce appropriate technology for processing cow dung into biogas using biodigesters. The biogas is stored in portable containers, such as truck inner tires, while the biodigester output, in the form of slurry, is utilized as solid organic fertilizer. The program provides education on these concepts through posters, videos, demonstrations, and YouTube links to ensure broad community understanding. By implementing this technology, the program not only addresses environmental concerns and reduces dependence on LPG but also significantly enhances the economic potential of both the villagers and MSME entrepreneurs, promoting sustainable development.

ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PERSEPSI PENGUSAHA UMKM TERHADAP LAPORAN KEUANGAN BERBASIS SAK ETAP DI KABUPATEN INDRAGIRI HILIR

The post-COVID-19 pandemic has impacted various sectors, one of which is Micro, Small, and Medium Enterprises (MSMEs), also causing a decline in the national economy. This research aims to empirically determine and test the influence of Business Turnover, Business Duration, Information Technology Utilization, and Accounting Comprehension on the Perception of MSME Entrepreneurs in Indragiri Hilir Regency. The sample of this study consists of 37 MSMEs in the small and medium industry sector in Tembilahan City District, Indragiri Hilir Regency, Riau. The type of research used in this study is descriptive qualitative research. The analytical technique used is multiple linear regression. The results of the hypothesis test partially show that Business Turnover does not affect the Perception of MSME Entrepreneurs, while Business Duration, Information Technology Utilization, and Accounting Comprehension do affect the Perception of MSME Entrepreneurs about financial reports based on SAK ETAP in Indragiri Hilir Regency

Pemberdayaan UMKM oleh Dinas Koperasi Usaha Kecil Menengah Perindustrian dan Perdagangan Kabupaten Pelalawan

Micro, Small and Medium Enterprises (MSMEs) have a crucial role in the economic dynamics of a region. MSMEs are not only a source of job creation, but also have great potential to encourage inclusive economic growth. Empowering MSMEs is a strategic key to optimizing the contribution of MSMEs to the economy. This involves various efforts, such as education and training to improve the skills of MSME entrepreneurs, easier access to financial resources, and support in marketing and product promotion. There are obstacles in empowering MSMEs in Pelalawan Regency, namely that the Human Resources (HR) owned by the department are inadequate, so they are less effective in empowering MSMEs in Pelalawan Regency. Lack of government budget to empower MSMEs. The aim of this research is to find out how the Department of Cooperatives, SMEs, Industry and Trade attempts to empower MSMEs in Pelalawan Regency. The theory used is the Stages of Empowerment by Ambar firm. S. (2013:162). The research method uses qualitative methods with a descriptive approach. The results of this research are the Department of Cooperatives, SMEs, Industry and Trade, Kab. Pelalawan has made efforts in several aspects, community empowerment, but it is still not optimal. The research recommendation is that it is hoped that empowerment parties will be more active and more innovative in the future to maintain this empowerment achievement.

The Role of Savings and Loan Cooperatives in the Development of Micro, Small, and Medium Enterprises (MSMEs)

The aim of this research is to identify the role of the Sibotolungun Savings and Loans Cooperative (KSP) in the development of Micro, Small and Medium Enterprises (MSMEs) in Medan Barat District and to determine the efforts of the Sibotolungun Savings and Loans Cooperative (KSP) in empowering the community economy in Medan Barat District . This research was conducted using qualitative analysis methods with data collection techniques through observation, interviews and documentation. The number of informants involved in this research was 4 people consisting of 1 KSP Sibotolungun employee and 3 MSME entrepreneurs. The results of this research show that: 1). The Sibotolungun Savings and Loans Cooperative (KSP) acts as a provider of capital financing for MSMEs, which contributes to economic growth and as an alternative savings institution other than banks. 2) KSP Sibotolungun’s Efforts to empower the community’s economy are carried out through providing counseling and Assistance to increase sales, so that entrepreneurs can remain competitive in the market.

Improving Wetlands Entrepreneurial Orientation With Problem-Based Learning (PBL) At The Purun Crafts Center in South Kalimantan, Indonesia

Objective: Purun Danau (Lepironia articulata Retz.) is a typical wetland plant that can be used as high-value craft materials. Efforts to increase wetland entrepreneurial competency in Micro, Small and Medium Enterprises (MSMEs) expressed in entrepreneurial orientation (EO) are a crucial step to achieve community welfare and play a role in environmental sustainability. This study aims to measure and analyze the effectiveness of training on EO using the Problem-Based Learning (PBL). Theoretical Framework: EO is characterized by innovativeness, proactive attitude and risk-taking that supports the growth and development of MSMEs. Method: This study uses a quantitative method with quasi-experimental pre-test-post-test. Statistical analysis was carried out using SPSS Statistics version 26. Results and Discussion: Results of the study show there is significant difference in the level of EO before and after the implementation of PBL. There has been an increase in the level of EO from pre-test scores ranging between 1,630 and 2,982 and post-test scores between 2,364 and 3,498. Research Implications: This study has strong implications in building wetland MSME entrepreneurs, creating added value to natural wetland resources, and encouraging the creation of eco-friendly products. Originality/Value: This study has originality which focuses on increasing the entrepreneurial orientation of MSMEs with learning and training interventions using Problem-Based Learning (PBL).

The Influence of The Entrepreneurial Environment And Government Support on The Performance of MSMEs in Bandung

Entrepreneurs is an important factor in the entrepreneurial process. Entrepreneurs who are prosperous tend to continue their business, whereas entrepreneurs who are not prosperous will abandon their business. This research aims to determine the factors that influence the welfare of MSME (Micro, Small and Medium Enterprises) entrepreneurs in the city of Bandung. Entrepreneurs play a big role in improving the economy of developing countries, such as Indonesia. The research methodology used is a quantitative method where the data collective by quisenare and Smar PLS use to data calculate.. it can be concluded that Government support and the External Environment have a significant influence on MSME performance in Bandung City. Apart from that, it is known that MSME performance influences the well-being of entrepreneurs.

Mendorong Motivasi Wirausaha UMKM untuk Memajukan Ekonomi Masyarakat di Kelurahan Joglo Kota Jakarta Barat

Micro, Small, and Medium Enterprises (MSMEs) are business entities managed by individuals, families, or small-scale business units, classified based on annual turnover, asset volume, and workforce. Effective human resource management is essential for MSMEs in systematically organizing finances, enabling business owners to understand their financial conditions and business developments. Easy access to information on assets, liabilities, equity, cash flow, and profit fluctuations provides crucial support for MSME entrepreneurs in making strategic business decisions. This activity not only motivates entrepreneurs to maintain business continuity but also guides them towards achieving desired business and economic goals. The drive to engage in entrepreneurship stems from a strong individual desire to realize self-potential through creative and innovative thinking, creating new products that have a social and economic impact on the local community. The courage to explore and implement new ideas is reinforced by strong entrepreneurial motivation, creating a positive cycle between motivation and action that strengthens the character of resilient and high-quality entrepreneurs.

Does self and role efficacy navigate effectiveness among MSME managers? A process-based perspective

PurposeThe paper aims to propose and validate a process-based model to enhance managerial effectiveness among micro, small and medium enterprises (MSMEs). It has been observed that business uncertainties and inadequate financial resources that MSME entrepreneurs and managers face require them to constantly engage in strong self-awareness and self-regulating behavior to enhance the efficacy in their roles and, henceforth, their role performance effectiveness.Design/methodology/approachThe approach for data collection was based on the clustering of MSMEs belonging to the clusters machine tool, pump manufacturing, foundry, textile and auto-component clusters in India. The respondents to the study were MSME entrepreneurs and managers who oversee and manage multiple functions like operations, quality, marketing, sales, supply chain management, procurement, personnel and administration and general administration.FindingsThe self-efficacy of entrepreneurial managers of MSMEs is observed to play an integral role in enhancing the efficacy of their roles, thus highlighting the use of a process-based perspective while dealing with constant resource constraints and excessive dynamism in their business contexts. The ability to handle multiple tasks effectively and resilience to manage challenges enhances their role-making process, which is significant in achieving and sustaining goal-oriented behavior among MSME entrepreneurs and managers.Practical implicationsThis paper would serve as an effective model for entrepreneurs and managers to enhance their efficacy in the individual and interdependent role context, which would help achieve their individual and organizational goals. The model emphasizes a process-based perspective that thrusts the need to relate to the organizational context, enhancing individual confidence for goal-related behavior and fulfilling their role-related expectations.Originality/valueThis paper presents a model of enhancing managerial effectiveness that discusses self-efficacy as antecedent behavior. Here, personal and environmental factors aid cognition to one’s capability to construct reality, self-regulate, encode information and engage in effective managerial action.

Determinants of Financial Inclusion and Financial Well-Being of MSMEs Entrepreneurs in Lamandau Regency

Micro, Small, and Medium Enterprises (MSMEs) are an important sector in the Indonesian economy, contributing greatly to job creation and economic growth. Financial inclusion and financial well-being of MSMEs entrepreneurs are important factors in improving the performance and competitiveness of MSMEs. The objective of this study is to examine the factors that influence financial inclusion and financial well-being. There are four independent variables tested, namely financial literacy, accessibility, affordability, and use. This study was conducted in Lamandau Regency, Central Kalimantan Province, Indonesia. The sample of this study was MSMEs entrepreneurs in Lamandau Regency, Central Kalimantan Province. Data were collected through questionnaires and processed using the smart-PLS application. The questionnaire was distributed to the MSMEs communication forum in the form of an e-form. The results of this study indicate that the factors that influence financial inclusion and financial well-being are financial literacy. The conclusion of this study is that financial literacy is a determining factor in financial inclusion and ultimately affects financial well-being. These results provide recommendations for the government to play an active role in providing financial education to the public, especially MSMEs entrepreneurs

The Role of Fintech in Financial Inclusion (Case Study of MSME Entrepreneurs in Surabaya)

This research aims to investigate the influence of certain factors on financial inclusion in Micro, Small and Medium Enterprises (MSMEs) in the City of Surabaya. The quantitative analysis method was used by collecting data through questionnaires from 100 respondents who were MSME owners. The research results show that financial risk factors have a positive and significant influence on financial inclusion, while the perceived usefulness and trust factors do not have a significant influence. These findings provide important insights for stakeholders in designing policies that support MSME financial inclusion in the city of Surabaya.

Digitalization of Micro, Small and Medium Enterprises in Nagari Muaro Pingai, Junjung Sirih District, Solok Regency, West Sumatra

This program aims to introduce the benefits of science and technology to Micro, Small, and Medium Enterprises (MSMEs) in Nagari Muaro Pingai due to the limited market share and need for more awareness of products produced by these MSMEs. Through this digitalization work program, the community service team from Universitas Andalas assisted five MSME entrepreneurs by strengthening their business branding, providing financial assistance, and digital promotion. The methods employed include direct data collection, interview surveys, and providing training directly to the community. The financial assistance included mobile phones to help them digitize their businesses. The outcomes of those MSME's digitalization work programs included business logos, promotional brochures, and business location registration on the Google Maps platform. The community engagement activities further expanded market reach, increased income, and simplified transaction processes for MSME entrepreneurs in Nagari Muaro Pingai.

HUMAN CAPITAL AND PERFORMANCE OF MICRO, SMALL AND MEDIUM ENTERPRISES: A LITERATURE REVIEW

This research aims to examine aspects of human capital that influence the performance of Micro, Small, and Medium Enterprises (MSMEs). Drawing on an extensive review of literature from indexed journal databases, the study focused on identifying key factors related to "human capital" and "MSME performance." The comprehensive exploration revealed a multifaceted relationship between human capital aspects and MSME performance, unveiling pivotal influencers. The identified aspects of human capital found to exert a substantial influence on MSME performance encompass a wide spectrum. These include skills and competencies, education and training, employee motivation and engagement, employee health and welfare, innovation and creativity, communication and collaboration, digital skills, work ethics and organizational values, entrepreneurship and sense of ownership, as well as organizational diversity. This research contributes valuable insights for policymakers aiming to enhance the human capital capabilities of MSME entrepreneurs. By addressing these specific dimensions, policymakers can formulate targeted strategies to uplift the human capital landscape within MSMEs. Consequently, this targeted approach is anticipated to render MSMEs more productive, sustainable, and equipped to venture into international markets.

Entrepreneurial Marketing Analysis using Swot Analysis Method (Case Study of MSMEs Warung Tegal Embu – Kedungwaringin District, Bekasi Regency)

Micro, Small and Medium Enterprises (MSMEs) are a form of small and medium scale economic movement carried out by individuals independently in society, MSMEs role an important role in turning the wheels of the community’s economy, innovation in food products that have regional flavors is unique in its own right. There is widespread business competition in the culinary sector, one of which is food stalls from the Tegal – Central Java area which are often called warteg, this term has developed and has become its own attraction and has become a characteristic of the existence of these food stalls, despite the business competition. strictly requires innovation and improvement in marketing and service quality in order to increase sales and be able to compete in the food business. The purpose of this research is to determine the biggest opportunities that can be exploited to develop and compete in business and to find effective marketing strategies. To achieve this goal, researchers use the SWOT Analysis method which can analyze the strengths, weaknesses, opportunities and threats that exist in the business, from the analysis carried out. The results obtained in the form of advantages that can be utilized by Warung Tegal Embu MSME entrepreneurs lie in Strength or power. So from these results it is hoped that entrepreneurs can take advantage of the advantages they have to achieve goals and solve problems faced by entrepreneurs.

Dynamic of Product Innovation, Community Involvement, and Regulatory Policy: Case Study of MSME Entrepreneurship in Indonesia

This research examines the dynamic interplay of product innovation, community involvement, and regulatory policies in the context of Micro, Small, and Medium Enterprises (MSMEs) entrepreneurship in Indonesia. MSMEs are pivotal contributors to Indonesia's economy, constituting a significant portion of the GDP and providing substantial employment. The study focuses on understanding how product innovation, community engagement, and regulatory frameworks influence the success of MSMEs. The research employs a conceptual framework, literature review, and empirical analysis to explore the relationships among these variables. Data collection involves structured surveys distributed among MSMEs, and the analysis employs Partial Least Squares Structural Equation Modeling (PLS SEM). The results indicate positive correlations between product innovation, community involvement, regulatory policies, and entrepreneurial success. The study's implications highlight the need for supportive regulatory environments, community-centric policies, and innovation support for MSMEs. The research contributes valuable insights for policymakers, industry stakeholders, and MSME entrepreneurs in Indonesia.

Micro-Business Transformation: Product Diversification After Obtaining Capital Loan from PNM Mekaar

This research explores the implementation of the Permodalan Nasional Madani (PNM) Mekaar program in supporting the development of Micro, Small, and Medium Enterprises (MSMEs) in the Ternate Baru District. The focus is on the challenges faced by business owners, especially those related to obstacles in obtaining funding during their business operations. The study is centered on the experiences of women who are MSME entrepreneurs in Ternate Baru and how they access business capital through the PNM Mekaar program, a non-bank financial institution committed to serving women entrepreneurs with a joint responsibility system. The research method used is qualitative descriptive, with data collected from primary sources through observation, interviews, and documentation, supported by secondary data. Data analysis includes the processes of reduction, presentation, and deduction of conclusions. Six informants participated in this study. The research results show positive business growth among participants in the regular Mekaar program. However, challenges such as payment arrears from customers and delays in implementing the PNM Mekaar program remain significant issues that need to be addressed in efforts to support the development of MSMEs in the area.