Micro, Small And Medium Enterprises Sector Research Articles

The Effect of Organizational Culture and Job Satisfaction on Entrepreneurship in MSMEs in Bogor

This study explores the relationship between organizational culture, job satisfaction and entrepreneurship in Micro, Small and Medium Enterprises (MSMEs) in Bogor Regency. Using a diverse sample of 225, the study employed quantitative analysis to test the relationships among the variables. Findings indicated a strong positive relationship between a supportive organizational culture and increased entrepreneurial activities. Moreover, job satisfaction emerged as an important mediator in this relationship, emphasizing the importance of employee well-being in fostering an intrapreneurial mindset. This research contributes to theoretical understanding by aligning with innovation theory, emphasizing micro-level dynamics within the entrepreneurial ecosystem, and providing insights for practical application within the MSME sector.

Sosialisasi SOSIALISASI PEMBUATAN NIB DALAM RANGKA PENGEMBANGAN UMKM DI LAPANGAN GEMEK, KECAMATAN KEDUNGWUNI, KABUPATEN PEKALONGAN

ABSTRACT
 Gemek Kedungwuni Field, located in front of SMA 1 Kedungwuni, Pekalongan Regency, is a large public area with a number of MSMEs actively selling in it. Unfortunately, most of them have yet to complete their business legality in the form of a Business Identification Number (NIB) and Halal certificate. Many businesses feel that the process of obtaining these documents is complicated and time-consuming. In order to support the development of micro, small and medium enterprises (MSMEs) in Indonesia, assistance with NIB registration and socialization of the importance of halal certificates is a very important step. The main objective of this activity is to increase the understanding and awareness of MSME players regarding NIB registration procedures and the urgency of halal certification in expanding market share. The methods applied include observation, counseling, and direct assistance to MSME players in the field. It is hoped that the results of this activity can increase the number of registered MSMEs and obtain halal certificates, and make a positive contribution to improving the overall quality of MSME products. The conclusion of this activity indicates that NIB assistance and halal certificate socialization have a significant positive impact in advancing the MSME sector in Indonesia.

Implementasi Kebijakan Restrukturisasi Kredit Perbankan kepada Usaha Mikro, Kecil Dan Menengah di Era Pandemi Covid-19 pada PT. Bank Rakyat Indonesia (Persero)

This article aims to analyze the implementation of banking credit restructuring policy for Micro, Small, and Medium Enterprises (MSMEs) during the COVID-19 pandemic at PT. Bank Rakyat Indonesia (Persero). The focus of the research is on the aspect of implementing banking credit restructuring policy. To comprehend this issue, the theoretical framework proposed by Ripley and Franklin is employed, which emphasizes three key aspects: (1) the level of bureaucracy's compliance with higher-level regulations, (2) the smooth execution of routines without hindrances, and (3) the achievement of goals and intended impacts of all existing programs. A qualitative approach is utilized to explore and understand the perspectives of individuals and groups involved in this social issue. Data collection is conducted in two phases, with the first involving direct observation, documentation, and in-depth interviews to achieve the research objectives. Data analysis adopts a descriptive approach with qualitative methods, including data condensation, data display, and verification. The study concludes that the implementation of banking credit restructuring policy for MSMEs during the COVID-19 pandemic, as examined in the case study at BRI KCU Palembang A Rivai in Palembang City, aligns with the framework proposed by Ripley and Franklin. This research provides valuable insights into how the policy is executed and its impact on the MSME sector. Therefore, this article has the potential to contribute significantly to the understanding and improvement of banking credit restructuring policy implementation in the future.

Influence of Family Involvement Towards Financial Access in MSMES — A Perspective

The MSME sector is a prime factor in the national economic development of the world as it plays a strategic role in opening employment and new business and contributing greatly to encouraging the increase of GDP. A few pieces of research show that MSMEs’ sustainability and resilience are continuously vulnerable to risk. The key dimension for MSMEs is their financial sustainability. It relies on MSMEs’ ability to depend on oneself-operations and implies that the MSME should make a profit from its operations. Financial resources help to sustain and survive the development of Micro, Small, and Medium Enterprises (MSMEs). Access to the financial source is very important in the entrepreneurial development and economic growth of a country. Most importantly, it must be timely. The focus of this study is on the influence of family involvement on financial access in MSMEs, as the success of any business depends upon their involvement and support. Their contribution motivates entrepreneurial initiatives to the next level of advancement. This study surveyed on 80 MSMEs from different sectors in Kerala. Data were collected from 80 entrepreneurs. The developed conceptual framework was tested using the Structured Equation Model (SEM) and analysed through AMOS. SPSS 23.0 version software was used to analyse the data collected through a structured questionnaire. Most of the firms operated under the complete influence of family were more productive, competitive, and innovative and gave a good financial accessibility Cronbach’s score of 0.281. Such MSMEs had perfect business sustainability blended with financial stability. Moreover, the firms operated under the family influence outperformed their non-family counterparts. This study highlights the importance of family involvement in financial accessibility and their contribution to the success of any MSMEs in Kerala.

Model Design of Sociopreneurship: Halal Based-Development of Micro, Small and Medium Enterprises Through Zakat Institutions

Purpose — This study aims to examine the extent to which halal branding and digital media utilisation affect consumer behaviour. It also intends to provide an overview of the sociopreneurship model—a model that targets both financial and social benefits, while also working to solve problems in the community—to empower micro, small and medium enterprises (MSMEs) through the use of halal branding and digital media managed by zakat institutions. Design/Methodology/Approach — In the first stage, this study employs a quantitative approach to analyse the factors of digital use and halal branding in influencing consumer behaviour. In this respect, multiple linear regression was used to analyse 172 research respondents. In the second stage, it uses a qualitative approach in designing a sociopreneurship model based on the results of the first stage. Findings — This study found that religiosity and halal branding have a positive and significant effect on Muslim interest in buying halal products. In addition, the factors of price, religiosity and halal branding also positively and significantly affect satisfaction in consuming halal products. The sociopreneurship model can be applied to zakat institutions to facilitate MSMEs in developing product quality through halal branding and digital utilisation. Originality/Value — The unique characteristic of this study lies in the use of both the quantitative and qualitative approaches in carrying out this research. It is hoped that the model offered in this study will be able to develop the MSME sector to keep abreast of modern trends despite the limited capital available to such institutions. Research Limitations/Implications — The sample used in this study was restricted to Indonesia, with a limited number of respondents. Moreover, data collection was conducted through questionnaires without in-depth interviews with consumers, MSMEs and zakat institutions. Practical Implications — The zakat institution’s scheme or model of sociopreneurship will be beneficial for the modern development of MSMEs even though they possess limited capital. Zakat institutions provide three types of assistance: 1) direct monitoring that starts from production inputs to the production process and which continues to the distribution process to ensure that the products developed by the fostered MSMEs are truly halal; 2) assistance at the digital marketing stage; and 3) assistance in accessing loan funds under qarḍ ḥasan (benevolent loans) schemes. Social Implications — This research has a social impact on the development of MSMEs through the implementation of the concept of sociopreneurship. In this case, MSME actors who are classified as donation recipients can turn into donors, which would assist in reducing poverty levels. Therefore, social and business benefits will be achieved through the modern development of MSMEs.

Non-Performing Micro, Small and Medium Enterprises Financing: Studies on Islamic Banking in Indonesia

Micro, Small and Medium Enterprises (MSMEs) have a very large role in the Indonesian economy, but they have the problem of not having access to capital from either banks or non-bank financial institutions. As a form of commitment to support government programs, conventional and Sharia banking extends credit to MSMEs. The amount of financing channelled by Sharia banking to the MSME sector has continued to increase, but the increase in MSME financing has had an impact on non-performing financing for MSME financing, which is above 5%. This study aims to determine the effect of financing margin, the financing-to-deposit ratio (FDR) and the inflation rate on non-performing financing (NPF) for MSME financing in Islamic banking in Indonesia. Multiple regression analysis is used in this study, and took a sample of 36 data was obtained from the financial services authority's Sharia banking statistical reports. This study found that the financing margin and the financing-to-deposit ratio (FDR) positively affect non-performing MSME financing. In contrast, the inflation rate does not affect non-performing MSME financing.

The Effect of Financial Literacy on MSME Performance Through Financial Access and Financial Risk Attitude as a Mediation Variable

Micro, Small and Medium Enterprises (MSMEs) play an important role in increasing the rate of economic growth in developing countries, especially Indonesia. The purpose of this study is to test the variable that evaluates the performance of SMEs, namely the financial literacy of the organizers. Equipped with the median variable, namely access to financial facilities and financial risk tolerance. Through a quantitative approach and SEM data analysis. The sample numbered 165 respondents managing MSMEs in the Yogyakarta City area because they contributed a lot to the MSME sector in Indonesia. This study found a positive impact on financial literacy, access to finance and financial risk attitudes on the performance of MSMEs. It was also found that the mediating role of financial access and financial risk attitudes was related to the relationship between literacy and performance.

STRATEGI PENGEMBANGAN UMKM DENGAN ANALISIS SWOT SEBAGAI SOLUSI PEMULIHAN EKONOMI PASCA PANDEMI COVID-19

Micro small and Medium Enterprises (MSMEs) play an important role in economic growth and contribute to overcoming the problem of unemployment. The development of the MSME sector has had a positive impact on the growth of employment opportunities and social welfare. The results of a survey of 65 MSMEs in Gamol Hamlet, Kecandran Village, Salatiga City found that MSMEs in the area are still experiencing classic problems, namely problems with capital and financial records. We mapped these problems using a SWOT analysis. Next, we formulate two ways to overcome the existing MSME problems: (1) Socialization of capital and financial records, (2) MSME assistance. This research is a qualitative research with observation, interview, and documentation methods. This research is expected to be useful for all MSMEs in Gamol Hamlet and implemented properly in businesses, so that businesses can develop further.

Community Empowerment Strategy in Business Capacity Development Program of PT. Permodalan Nasional Madani

This research discusses the impact of the COVID-19 pandemic on the MSME sector in Indonesia and the role of PT Permodalan Nasional Madani (PT. PNM) in facilitating the growth and empowerment of Micro, Small and Medium Enterprises (MSMEs). This pandemic has changed the landscape of the economy and society globally. MSMEs have a crucial role in economic growth and employment in Indonesia. PT PNM, as a financial institution that focuses on empowering less prosperous communities, provides financing, mentoring and training to MSMEs. PT PNM is a financial institution that focuses on empowering underprivileged communities through access to capital, mentoring and training. The PKU Division provides assistance and training to customers, especially in dealing with marketing challenges during the pandemic. This study analyzes the MSME empowerment strategy through the ACTORS theory approach and identifies success factors that contribute to the national economy. With this support, MSMEs are expected to recover and contribute more to Indonesia's economic recovery. The research uses a qualitative approach with primary data from interviews with EVP PNM, Head of PKU Division, business actors. Secondary data: PNM documents, books, articles

SCAN-BARCODE TRANSACTION GROWTH OF FNB MSMES IN INDONESIA AND MALAYSIA (GROWTH OF MSME FNB SCAN-BARCODE TRANSACTIONS IN INDONESIA AND MALAYSIA)

The advancement of the technology industry is forcing MSMEs (Micro, Small and Medium Enterprises) particularly in the FnB (Food and Beverages) MSME sector to become more familiar with digital financial transaction activities. The need for a payment mechanism that is fast and safe has given rise to new ideas for digital financial transaction services in the form of payment via e-wallet or scan-barcode (QR Code). QR code inside this study refers to the Quick Response Code Indonesian Standard (QRIS) which has been implemented by Bank Indonesia since January 1, 2020 as a means of payment tool for digital transactions nationally and an official QR Code set by the Central Bank of Malaysia. The largest digital payment application that is widely used by Micro, Small and Medium businesses in Indonesia, namely GoPay, Ovo, GPN, Dana, and Shopeepay, while in Malaysia, namely Grabpay, Alipay and Wechatpay. Along with increasing access to technology in digital payments, a new service was developed in the form of a digital wallet as a successor electronic money. This study aims to examine the effect of digital payment instruments on the total daily income transactions of MSMEs, as well as their role in supporting efficient operations and credit scoring. The research method employs a qualitative approach for MSMEs in Indonesia and Malaysia. Additionally, a quantitative approach will be employed, surveying respondents using questionnaires with a Likert scale specifically designed for QR code users. This hypothesis analysis will prove that the transaction growth variable digital payments together have a positive and significant effect on value MSME income contribution. Therefore, this research will find that interest high MSMEs by providing QR Code digital payment options have an impact on increasing efficiency in managing business and making customers feel satisfied.

MOTIVATION OF WOMEN ENTREPRENEURS: EVIDENCE FROM MSMEs IN RIAU ISLANDS PROVINCE

Most women entrepreneurs in Indonesia are engaged in Micro, Small, and Medium Enterprises (MSMEs).In Riau Islands Province, the number of women entrepreneurs in the MSMEs field is consistently larger than male entrepreneurs in the period of 2017-2019. With the rising numbers of women entrepreneurs in Riau Islands Province and their increasing dominance in the MSMEs sector, this study aims to explore the motivational factors of women entrepreneurs in the MSMEs sector in Riau Islands. This research adopted a qualitative approach and used qualitative interviews as data collection method. A total of 15 women entrepreneurs from Tanjungpinang City, the capital of Riau Islands Province, were chosen as participants in this study. The data gathered were analyzed using thematic analysis with the help of NVIVO software. The result of this study shows that financial rewards, social support, personal satisfaction, external opportunities, and independence are the factors that motivate women to become entrepreneurs

MSME: ISSUES AND CHALLENGES OF EMPOWERMENT OF WOMEN IN INDIA

: The present study investigates the correlation between women's empowerment and Micro, Small, and Medium Enterprises (MSMEs) within the Indian environment. It seeks to clarify the ways in which women's economic and social empowerment can be accelerated through the MSME sector. The study looks at the different obstacles that Indian women entrepreneurs must overcome and how MSMEs may help them do so. It also looks into how MSMEs affect women's employment, earning potential, and general socioeconomic advancement. The study also examines government programmes and policies that support women's involvement in the MSME industry. It also emphasises how crucial access to funding, skill development, and education are for female entrepreneurs. Using a mixed-methods approach, the study combines qualitative interviews with female entrepreneurs with quantitative data analysis. The results indicate that MSMEs can play a major role in empowering women by giving them access to chances for financial independence, skill development, and decisionmaking authority. In order to further strengthen the beneficial effects of MSMEs on women's empowerment in India, the study ends with recommendations for policymakers, MSME stakeholders, and female entrepreneurs.

A Systematic Literature Review on Role of Micro, Small and Medium Enterprises (MSMEs) in Indian Economy

This Literature Review systematically examines the Role of Micro, Small and Medium Enterprises (MSMEs) and opportunities and challenges Faced by this MSME Sector. Following PRISMA guidelines, used predefined eligibility criteria to search the database of Google scholar for peer reviewed published literature that evaluated the Role of MSMEs in Indian economy and opportunities and challenges associated with this Sector. After screening the title, Abstract and full text of the retrieved results, evaluation done for the relevant data. 24 out of 224 met our criteria. Micro, Small and Medium Enterprises (MSMEs) play significant role in mitigating the problems of unemployment and ensuring equitable regional development. Despite the Significance Role in economy MSMEs has to face many challenges such as inadequate fund, poor infrastructural facility, inadequate marketing linkages, lack of skilled workforce etc. MSMEs will not be flourishing without adequate support of Government and Financial Institutions. Therefore, Government has taken various steps towards helping and sustaining this MSME sector.

Growth of Micro, Small and Medium Enterprises (MSMEs) in India and its Role in Indian Economy

Through business innovations, Micro, Small, and Medium Enterprises (MSMEs) have made major contributions to the expansion of entrepreneurial endeavors. MSMEs are expanding their sphere of influence across the economy, generating a diversified range of products and services to fulfil the needs of both domestic and international markets. MSMEs are contributing to the national production, employment & exports and, economic development of the country. The present paper aimed to determine the growth of MSMEs in India and its role in Indian economy. The data of present research paper was collected by exhaustive literature survey through electronic database at Web of Science, MSME online site, Annual reports of GOI, PubMed, Scopus, Science direct etc. According to statistics from the Central Statistics Office (CSO), M/o Statistics & Programme Implementation. With 630.52 lakh estimated MSMEs companies in India, the micro sector accounts for more than 99 percent of all MSMEs. The small sector, with 3.31 lakh (accounts 0.52%)estimated MSMEs, and the medium sector, with 0.05 lakh(accounts 0.01%) estimated MSMEs, respectively, of total estimated MSMEs. 324.88 lakh MSMEs (51.25 percent) are in rural areas, whereas 309 lakh MSMEs (48.75 percent) are in urban areas, according to the estimated number of MSMEs.The contribution of the MSME sector to the country's Gross Value Added (GVA) has grown from 10.97 % in FY 2015-2016 to 12.88 in FY 2018-2019 respectively.Further the share of MSMEs in all India GDP was 29.34% in FY 2014-2015, and in year FY 2018-2019 it has grown to 30.27%. MSMEs are expanding their sphere of influence across the economy, generating a diversified range of products and services to fulfil the needs of both domestic and international markets.

Identification of Oppa Box Msme Problems and Solutions in Padang City

Micro, Small, and Medium Enterprises (MSMEs) are a form of productive economy run by the lower middle class. There are various benefits obtained from the MSME sector, including in improving the economy, reducing poverty, providing employment, and culminating in the development of social facilities. But in fact, MSMEs in Indonesia, including Oppa Box Padang MSMEs, still experience various obstacles in development activities, one of which is the issue of business legality. In this case, MSMEs need to adapt so that the problems experienced can be resolved. One of those who needs this adaptation plan is the Oppa Box MSME located on Jalan Aru No. 6 Lubuk Begalung nan XX, Padang City, West Sumatra, 25221, next to Putra Indonesia University YPTK Padang. This community service activity begins with surveys and interviews, mapping and identifying problems, formulating solutions, and implementing mentoring activities. The impact of this activity is the expansion of product marketing and business development of Oppa Box Padang MSME Actors.

Urgensi Sektor UMKM Persaingan Usaha Sebagai Penyangga Ibu Kota Negara Nusantara

The MSME sector is indeed a big challenge in ensuring the continuity of entrepreneurship. This entrepreneurial interest is still not accompanied by commensurate capacity in running a business. The purpose of this study is to examine and analyze the Micro, Small and Medium Enterprises (MSMEs) sector in the National Capital Region (IKN) and collaboration and local authorities for business activists. The research method used in this research is empirical juridical. The primary data source uses Law Number 80 of 2008 concerning Micro, Small and Medium Enterprises. The data collection used by researchers is by using certain research methods that are adapted, namely by way of question and answer, observation and documentation to collect as much data as possible. Data analysis technique; condensing data and drawing conclusions. The results of the study concluded that this sector is able to meet the needs of clothing and food. Regulators should accommodate the progress of MSME businesses. The existence of IKN has the potential to increase people's welfare. The weaknesses are the degradation of the area and the income of the community's economic value and local authorities.

Optimization of Integrated Digital Marketing in The Marketing Strategy of MSME Culinary Tourism Centers (SWK) Wonorejo City of Surabaya

Micro, Small and Medium Enterprises (MSMEs) are an important sector in driving the Indonesian economy. The development and improvement of the MSME sector is also important to continue to strive for, one of which is through optimizing marketing strategies that are adapted to current technological and information developments. This study aims to analyze digital marketing strategies at SWK Wonorejo, Surabaya City. The research method used is descriptive qualitative with data triangulation approach. As for data collection techniques through interviews, observation, and documentation. The results showed that SWK Wonorejo combines segmentation analysis, targets and marketing mix design. In addition, an analysis of MSME sustainability and marketing implementation was carried out. MSME actors in SWK Wonorejo has marketed their products online through optimizing digital marketing media such as websites, Instagram, Google Business, and other media that can help market products effectively and efficiently.

Training in Creating Attractive Promotional Content and Product Marketing Through E-Commerce for MSMEs

Micro, Small and Medium Enterprises (MSMEs) are one of the economic sectors that support people's economic growth. In this era of digitalization, the MSMEs sector is experiencing very rapid development, resulting in changes in marketing methods and forms of product promotion content. Through training activities for creating attractive promotional content and marketing using the e-commerce market place, it is seen that they are able to explore the potential of MSMEs in developing their marketing methods. The method of implementing the activities is carried out in five steps, field observation and preparation, publication and dissemination, outreach, training and mentoring, and monitoring. The training aims to expand product marketing and develop promotional knowledge for the MSMEs in Gantung Village. The series of training activities carried out showed that the participants had a very good understanding of the material, and had the desire to develop their business, as evidenced by the fact that as many as 10 MSMEs actors fully carried out product marketing activities through e-commerce and used attractive promotional content. Meanwhile, other MSME actors are still in the stage of adapting to the new marketing methods used.

Android-based Marketplace Development to Develop Culinary MSMEs in Mataram City

MSMEs (Micro, Small and Medium Enterprises) also contribute to Indonesia's economic growth. In running a business that is engaged in the MSME sector, there are many obstacles faced by most of the perpetrators, one of which is in terms of marketing. Based on research on MSMEs in the province of NTB, the number of MSMEs in Mataram City as of December 31, 2018 was 58,139 businesses. Although the government has made efforts to help MSME actors, there are still many MSMEs that are not yet known by the public so that sellers must promote their products in various places so that their products can be sold, one of which is by utilizing technology such as selling their products through applications. For this reason, in this study, the author builds an Android-based MSME marketplace application in the culinary field in the city of Mataram so that culinary MSME actors in the city of Mataram can promote and sell their products through the application. The process of making the application uses the SDLC (System Development Life Cycle) method with the waterfall model and testing with black box testing. In its design, the application is built using the Kotlin programming language and Firebase services. From testing after the application development process, the results from black box testing show that all test scenarios that have been made have been as expected. Furthermore, testing with MOS (Most Opinion Scrore) was also carried out and the results obtained were the average value of all respondents for a strongly agree score of 45.33%, agree at 34%, 16.67% for moderate, and 4.67% for disagree.

The Impact of Compensation, Work Discipline, and Work Motivation on Employee Performance (Case study on students working in the MSME sector)

This study aims to determine how the impact of compensation (C), work discipline (WD), and work motivation (WM) on the employee performance (EP) students who work in the Micro, Small and Medium Enterprises (MSME) sector. This study used a quantitative method with SEM-PLS to determine the results under study. The questionnaire used in this study uses a research questionnaire that has been used in previous studies. The questionnaire was responded to by 121 students who were studying while working in the Micro, Small and Medium Enterprises (MSME) sector in Universitas Lambung Mangkurat. The results showed that work discipline has a positive and significant effect on employee performance. In addition, work motivation also has a positive and significant effect on employee performance. However, compensation has no effect on employee performance. This shows that the current compensation received by students has not been able to influence students to improve performance, because the compensation received has not been in accordance with the workload carried out by students.