Performance Of MSMEs Research Articles

MSMEs Financial Sustainability Model in Indonesia: Policy, Capital, Literacy, Structure

Purpose: This study looks into the intricate relationships that exist between capital structure, financial literacy, intellectual capital, social capital, and government policies in relation to the sustainability and financial performance of MSMEs in Indonesia. Methodology/approach: This study used structural equation modeling (SEM-PLS) for quantitative analysis with a sample of 375 firms. Findings: The findings support the significance of these elements and highlight complex connections that add to a comprehensive knowledge of MSMEs dynamics. Notably, the effects of government policies on sustainability financial and performance are varied. Practical implications: For academics, practitioners, and policymakers seeking to support MSMEs growth and resilience in the particular Indonesian setting, these findings provide practical insights. Originality/value: In doing so, the study aims to elucidate the complex interrelationships among these variables and their collective impact on the operational efficiency and long-term viability of MSMEs in Indonesia.

Analyzing the Impact of Islamic Literacy, Technology, and Experience on MSME Performance: The Role of Spirituality as a Moderating Variable

Analyzing the Impact of Islamic Literacy, Technology, and Experience on MSME Performance: The Role of Spirituality as a Moderating Variable

The right literacy on the right performance: Does Islamic financial literacy affect business performance through Islamic financial inclusion?

This study examines how Islamic financial literacy and Islamic financial access contribute to the performance of Halal MSMEs using knowledge-based theory. Micro, small, and medium-sized halal businesses (MSMEs) have an important role in the economy and the rapid growth of the world halal industry. The success of halal MSMEs depends on a number of factors, including the availability of Islamic funding and the financial literacy of Islamic finance. This study adopted a hierarchical regression model to examine quantitative data from a sample of 209 halal MSMEs' owners and managers in Malang Raya, Indonesia. The findings demonstrate that a high level of Islamic financial literacy can encourage Islamic financial inclusion, while inclusive Islamic financial institutions have a significant impact on MSMEs’ performance. In promoting inclusive Islamic finance, this study contributes by describing how Islamic financial inclusion affects the performance of Halal MSMEs and the level of society's knowledge on Islamic finance. Implications: Once MSMEs have a strong understanding of the Islamic finance principles, they are more likely to use these resources to increase access to Islamic finance; thereby leading to business growth and expansion. For this study, the halal industry within the food and beverage sector is a noteworthy production sector.

Utilization Of Digital Marketing and Product Innovation In Improving Msme Marketing Performance In Talun District

The purpose of this study is to examine the influence of digital marketing and product innovation on the marketing performance of MSMEs in Talun District. This study used quantitative methods. The population in this study is culinary MSME business actors in Talun District, with a sample of 100 people. The data collection technique in this study used a questionnaire with a measurement scale using the Likert scale. The data analysis technique used in this study is multiple linear regression analysis. The results of this study show that partially digital marketing and product innovation have a positive and significant influence on marketing performance, and simultaneously digital marketing and product innovation have a positive and significant effect on market performance.

The Role of Financial Literacy and Entrepreneurial Orientation on MSME Sustainability: The Mediating Effect of E-Commerce

MSMEs play an important role, but there are still many problems to improve their performance. The effect of financial literacy and entrepreneurial orientation on general performance is the purpose of this study. This research was conducted at MSMEs in Pontianak City and Singkawang City. The research method used is descriptive quantitative. Quantitative research is an attempt by a researcher to gain knowledge by providing data in the form of numbers which will then be used to analyze information. The data used in this research is primary data. The soil test results show that the significance value of the two-tailed test is 0.00 <0.05, so e-commerce can mediate the effect of financial literacy on MSME performance. The Sobel test results also show that the significance value of the two-tailed test is 0.00 <0.05, so e-commerce can mediate the effect of Entrepreneurial Orientation on MSME performance. Understanding financial literacy and the use of e-commerce will help MSMEs manage their finances and leverage business opportunities more effectively, as well as make it easier to access financial resources needed for business sustainability.

The Application of Digitalization Skills of Business Actors Mediates The Impact of Business on MSME Performance

The Application of Digitalization Skills of Business Actors Mediates The Impact of Business on MSME Performance

Pengaruh Pengetahuan Keuangan Dan Pengetahuan Kewirausahaan Terhadap Kinerja Bisnis UMKM Kuliner Saji Di Kota Padang

This research aims to empirically prove the influence of financial knowledge and entrepreneurial knowledge on the business performance of culinary food MSMEs in Padang City. Apart from that, this research also aims to prove the role of financial knowledge in strengthening the relationship between entrepreneurial knowledge and MSME business performance in Padang City. This research was carried out on all food culinary MSMEs spread across the city of Padang, but only 104 culinary business owners and operators in the city of Padang were used as samples. The analysis method was carried out using purposive sampling technique. Data collection was carried out by surveying owners and operators of culinary MSMEs in Padang City. The data analysis method used is multiple regression (OLS). In accordance with the description of the analysis and discussion that has been carried out, it can be concluded that entrepreneurial knowledge has a positive and significant effect on the performance of the culinary food MSME business in Padang City. Apart from that, from the results of hypothesis testing, it can be proven that financial knowledge has a positive and significant effect on the performance of the culinary food MSME business in Padang City. In the description of the results of hypothesis testing, it was also found that financial knowledge was able to strengthen the relationship between entrepreneurial knowledge and business performance in culinary food MSMEs in Padang City.

Pengaruh Mental Accounting, Teknologi Informasi Dan Kualitas Sumber Daya Manusia Terhadap Kinerja UMKM Kecamatan Binawidya Pekanbaru

The purpose of this study is to ascertain how mental accounting, information technology, and the quality of human resources affect the performance of small and medium-sized enterprises (SMEs) in the Binawidya Pekanbaru District. This study's sample consists of 175 UMKM MSMEs in the Bianwidya subdistrict. 152 samples from 175 data samples that can be processed. Quantitative research is the type of study in question.The information investigation technique utilized is different direct examination, the information is handled utilizing programming SPSS rendition 26. Mental accounting, information technology, and the quality of human resources all have a positive and significant impact on the performance of MSMEs in the subdistrict of Binawidya, according to the findings of this study.

The Impact of the Implementation of the Government's Digital Direct Expenditure Program to Improve MSME Performance

This study aims to analyze and assess the impact of the procurement defense program on the performance of MSMEs in Gorontalo Province. The locus of research on MSME business actors who are members of the procurement defense program, especially through market place applications, both MbizMarketpalce and brliUMKM market place totaling 85 MSMEs with a sample of 10 MSMEs. The performance assessment method for MSMEs is used by Balance Scorecard analysis to analyze the financial and non-financial impacts of MSME businesses. The results showed that the Gorontalo Provincial government's procurement defense program had a relatively good impact on financial and non-financial performance. On average, there is an increase in operating profits, number of workers, production volume and marketing area. The procurement defense program is very helpful for MSME business actors in increasing public reputation and trust in their products and services so that business productivity and performance increase.

SKILL MANAGEMENT IMPACT IN INDIAN MSMES TOWARDS SUSTAINABLE CONSUMPTION AND PRODUCTION PATTERNS IN THE CONTEXT OF CSR PRACTICES

Upskilling is a prevailing trend in the workplace that provides employees with updated and advanced training programs and opportunities to enhance their skills and bridge skill gaps. Sustainable consumption and production patterns and green CSR practices are pervasive in Indian MSMEs to become a greener economy. The consumer demand for sustainable products is visible across the globe, creating opportunities for Indian MSMEs in the international marketplace. In light of this fact, the present research article aims to analyze the current gap in past studies concerning MSMEs by investigating the correlation between sustainability practices, specifically with respect to sustainable consumption and production patterns, green CSR initiatives, and the performance of MSMEs. This study aims to examine various viewpoints on MSMEs' sustainable business practices, which are a) how sustainable consumption impacts the efficiency of MSMEs, b) the influence of sustainable production patterns on MSMEs' performance, and c) the impact on the efficiency of MSMEs' operations as a result of CSR activities.A self-structured questionnaire has been sent to the MSMEs' owners, managers, directors, and administrative officers through email to conduct the research work. In addition, a structural Equation Model (SEM) was used to sample 130 Indian MSMEs. The study's main findings are that the sustainable consumption and production patterns of skill-based CSR practices impact the efficiency of MSMEs in India. It has also been discovered that their sustainable practices are generating global market opportunities. This study has important implications for MSME owners and policymakers because applying sustainable consumption and production patterns and implementing skill-based CSR practices as sustainable strategies will create a greener economy and positively impact the performance of MSMEs.

ANALISIS OPEN INNOVATION DITINJAU DARI PERSPEKTIF RESOURCE BASED VIEW (RBV) THEORY

Companies adopt open innovation to improve company performance. The level of openness of MSMEs, whose resources and capacities are different from those of large companies, is still underrepresented and receives little attention. Resource-Based View (RBV) Theory states that unique and rare resources become a competitive advantage for companies. This research aims to analyze open innovation, based on human capital, knowledge sharing, social media and its impact on business performance from a Resource-Based View Theory perspective. The sample was 162 respondents from MSMEs in Padang City. The sample determination technique is purposive sampling. The method used is a quantitative method, then processed and analyzed using the structural equation modeling (SEM) data analysis technique model with smartPLS. The findings in this research are that there is a positive and significant influence of human capital and social media on open innovation, while knowledge sharing does not have a positive and significant influence on open innovation. Apart from that, open innovation has succeeded in mediating the relationship between human capital and business performance. However, it was not successful in mediating the relationship between knowledge sharing and social media on business performance. It is hoped that this research can be used by business actors in determining policies to innovate and improve the performance of MSMEs in the future

ENVIRONMENTALLY FRIENDLY CORPORATE GOVERNANCE DESIGN IN MSMEs: A SYSTEMATIC LITERATURE REVIEW

Companies are seen as a critical factor in overcoming the challenge of global warming. A balance between economic growth and the environment is guarded in Green governance. The context of green corporate governance is complex and generally linked to the country. Corporate governance shapes and determines the established order in which a business operates. This systematic literature review aims to analyze how implementing environmentally friendly corporate governance can affects the sustainable performance, obstacles, and practices of MSMEs. Systematic literature review using data obtained from online data. The articles obtained from EMERALD, MPDI, Taylor and Francis, SPRINGER, JIE, AMBR, SSRN, JDA, ETHICONOMI, ACCRUAL, Journal of Proceedings, JAM, and there are 41 selected articles by using the keyword search "environmentally friendly corporate governance/green corporate governance." The results of the analysis show that (1) environmentally friendly corporate governance from articles have a positive effect on the sustainable performance of MSMEs, (2)The lack of attention regarding the implementation of environmentally friendly corporate governance in MSMEs. They are seen as still having limitations in terms of internal resources and recommend that limited research related to environmentally friendly corporate governance on the sustainability performance of MSMEs be an agenda for future research.

Pelatihan Dan Pendampingan Laporan Keuangan: Upaya Mendorong UMKM Naik Kelas

The vision of the South Tangerang City Government is to make MSMEs a prima donna not only in South Tangerang City, experiencing problems including the limitations of MSMEs in making financial reports so that an overview of the financial performance and wealth of MSMEs is not obtained. An overview of performance through financial reports is a prerequisite for applying for MSME financing. Training and assistance in the preparation of financial reports is an effort by the South Tangerang City Government and PKN STAN so that MSMEs are promoted through an understanding of the financial performance of the business being managed and the opportunity to obtain financing. Training on preparing Financial Reports is carried out in masse for all MSMEs and intensively with division into groups. Meanwhile, assistance is provided intensively and continuously for two MSMEs, Idea Mulya and Cilok Djoedes. Obstacles such as the readiness of MSMEs to prepare financial transaction data still arise during mentoring. In addition, problems related to the SIAPIK application still arise, such as difficulties in recording past transactions, determining the final consignment balance value, and recording product sales in retail. However, the training and mentoring went smoothly and provided positive benefits for MSMEs in their efforts to realize MSMEs promotion to class.

The Effect of Motivation and Job Satisfaction on the Performance of MSME Credit Account Officer Employees at Bank BJB

This research aims to determine the impact of work motivation and job satisfaction partially and simultaneously on the performance of AO Kredit UMKM employees at bank bjb. The research method applied in this study is descriptive verification research. The total research sample was 152 people. This research was carried out in several ways, namely: interviews, questionnaires, observation. Data analysis was used with descriptive analysis, Classical Assumption Test and hypothesis testing which included the t test and f test. The results of the analysis show that the partial influence of work motivation on the performance of AO Credit MSMEs at bank bjb is 32.5%. The partial influence of job satisfaction on the performance of AO Credit MSMEs at bank bjb is 42.8%. The magnitude of the influence of work motivation and job satisfaction on the performance of AO Credit UMKM employees at bank bjb simultaneously is 75.3%.

Optimizing the Performance and Governance of MSMEs in the Special Region of Yogyakarta Through Digitalization

A significant feature of technology is its capacity to change the routines and behavior of business players, especially MSMEs actors. MSMEs players in the Special Area have been impacted by the Covid-19 outbreak and are now looking to the MSMEs sector for business opportunities. It is necessary to overcome the difficulty of attaining the digitization of MSMEs. The fact that the MSMEs actors are not fundamentally and mentally equipped is another problem. The study's objective is to evaluate the effectiveness of using digital literacy, e-commerce, and skills as a tactic to enhance MSMEs governance and performance. The main sources of data for the study were imaginative MSMEs Daerah Istimewa Yogyakarta actors. The analytical unit of the study is the manager or owner of MSMEs in Daerah Istimewa Yogyakarta. In this study, primary data are gathered by a questionnaire. The sample size was established using a simple proportionate random sampling approach. The AMOS SEM analysis tool and a sample of 20% of all MSMEs in each district and city of the Daerah Istimewa Yogyakarta are used to achieve this. According to the study's findings, E-Commerce affects the MSMEs Governance, Digital Expertise affects MSMEs Governance and Performance, MSMEs Governance the performance of MSMEs. However, E-Commerce has no effect on the performance of MSMEs.

The Role of Operational Performance as a Mediator in the Influence of Supply Chain Management Practices on the Financial Performance of MSMEs

<p><em>Financial performance is a tool for measuring the success of a business. Managers can make appropriate decisions by reviewing the results of the company's financial performance. One of the aspects believed to influence the financial performance of a company is operational performance. Of course, this must be done through supply chain management practices in order to achieve good financial performance of the company. This research aims to determine the mediating role of company operational performance in the influence of supply chain management (SCM) practices on company financial performance. A quantitative approach was carried out by distributing questionnaires to 100 business leaders. Primary data consists of the results of filling out a questionnaire by the business owner. The data collection technique uses a survey method by distributing questionnaires to respondents, namely business owners. The MSMEs in question are 100 MSMEs located in Yogyakarta. Validity and reliability tests are carried out before implementing research analysis techniques. In this research, we examine the effect of SCM practices on financial performance through the operational performance of micro, small and medium enterprises in Bantul Regency, Yogyakarta Special Region (UMKM). The analysis technique uses structural equation modeling-partial least squares (SEM-PLS) with the WrapPLS application. The researchers estimated the results of direct effects and indirect effects. The research results prove that operational performance as a mediator in SCM practices influences the financial performance of the company. Apart from this, it is also proven that supply chain management has influence on operational performance, operational performance has influence on financial performance and supply chain management also has a direct influence on financial performance.</em></p>

Reciprocal Pricing Strategy to Improve MSME Performance

This study aims to prove that the new concept of reciprocal pricing can affect the improvement of MSME performance. This study uses a quantitative approach with the sample technique used is Cluster Random Sampling This technique is taken with the argument that this research was conducted in several areas, namely, the tourism area of MSMEs street food vendors, then the building owner sells drinks or other products that are not similar. There were 175 MSMEs that became the object of research using the SEM AMOS analysis tool. Empirical evidence proves that Reciprocal pricing is able to encourage the improvement of MSME performance. Implement a marketing strategy strategy that focuses on building and maintaining marketing relationships between one business unit and another for the long term with the aim of providing different value to customers from competitors. The novelty of this research is Reciprocal Pricing, which is the concept of reciprocal pricing by two or more business units that provide mutual benefits to the agreed price, this variable is thought to improve performance. The implication is that efforts to improve the performance of MSMEs need to use the concept of Reciprocal Pricing in this research which is proven to encourage the improvement of MSME performance. The implementation of reciprocal pricing in improving the performance of MSMEs in tourism areas is proven to increase the number of consumers.

Unlocking Business Success: The Role of Financial Literacy, Innovation Capability, and Government Support

Purpose: This study aims to analyse the effect of financial literacy and innovation capability on business performance with government support as a mediating variable. Theoretical framework: Government Support as a mediation was analyzed the effect of financial literacy and innovation capability on business performance. Method: A quantitative methods approach was used by distributing questionnaires to 110 Food & Beverage MSME in Jakarta Area. The data collection process was carried out using google form, then analysed using path analysis processed using Smart-PLS. Result: This study found that financial literacy has positive impact on government support but innovation capability has not, then innovation capability and government support have the positive effect on MSME performance, but financial literacy has no impact on MSME performance. The mediation test found that government support mediates the effect of innovation capability and financial literacy on MSME performance. Research, Practical & Social implications: This finding suggests that the government as a regulator should continue to increase its support for MSME actors so as to improve the performance of MSME businesses. This finding encourages MSME actors to have strong instincts in creating and implementing the latest innovations in their business to get government support in improving their business. Originality/value: This study uses 3 business performance indicators using primary data which are usually used in analysing the company's secondary data, with sufficient validity and reliability results, the use of these indicators is also suitable in analysing business performance in primary data.

Analysis of Formal and Informal Sources of Entrepreneurial Financing on the Performance of MSMEs in Lagos, Nigeria

Analysis of Formal and Informal Sources of Entrepreneurial Financing on the Performance of MSMEs in Lagos, Nigeria

The Relationship Between Digital Innovation, Digital Marketing, and MSME Performance: The Mediation Role of Processed Fish Environmentally Friendly Supply Chain Management

This inquire about points to investigate the interceding impact of naturally inviting supply chain administration on the relationship between advanced advancement, advanced showcasing, and the execution of MSMEs in the angle handling division in Gresik. Analysts utilized a cross-sectional investigate technique to collect information from 90 angle handling bungalow industry proprietors through a self-administered overview survey utilizing a doable inspecting procedure. The inquire about strategy employments quantitative and information is prepared utilizing WarpPLS 8.0. Relapse examination discoveries appear that the advanced advancement variable has a noteworthy impact on green supply chain administration with a p-value of 0.24 and a negative beta coefficient esteem, to be specific β = -0.07. Computerized showcasing has a positive and critical impact on progressing green supply chain administration with a p-value <0.001 and a positive β coefficient esteem of β 0.29. Advanced advancement and advanced promoting have a noteworthy impact on progressing the execution of MSMEs with green supply chain administration as intervention with a p-value of 0.09 and a positive beta coefficient esteem of β=0.14