Assessing the Impact of Training, Industry Partnerships, and Government Policies on the Success of Business Development Programs: A Case Study in Central Java Province
DOI:
https://doi.org/10.58812/wsjee.v1i11.353Keywords:
Training, Industry Partnerships, Government Policies, Success of Business Development ProgramsAbstract
This research explores the multifaceted factors influencing the success of business development programs in Central Java Province. Specifically, it examines the impact of training initiatives, industrial partnerships, and government policies on the participation and effectiveness of development programs. A sample of 120 businesses and entrepreneurs in the region was analyzed using structural equation modeling (SEM) with Partial Least Squares (PLS) as the data analysis method. The results reveal significant relationships between the variables under investigation. Businesses perceiving favorable government policies are more likely to participate in development programs. Likewise, investments in training programs and engagement in industry partnerships are positively associated with participation in development initiatives. The goodness-of-fit analysis demonstrates that the Estimated Model adequately represents the data, affirming its validity and reliability. The research provides valuable insights into the interconnected nature of factors contributing to the success of business development programs in Central Java Province, highlighting the importance of collaboration, supportive government policies, and training initiatives. These findings can inform policymakers, businesses, and stakeholders in the region, aiding in the design and implementation of more effective development programs.
References
Y. Iskandar, R. Pahrijal, and K. Kurniawan, “Sustainable HR Practices in Indonesian MSMEs from a Social Entrepreneurship Perspective: Training, Recruitment, Employee Engagement, Social Impact of Local Communities,” Int. J. Business, Law, Educ., vol. 4, no. 2, pp. 904–925, 2023.
Y. Iskandar, “EMPLOYEE PERFORMANCE ANALYSIS BASED ON EDUCATION AND WORK DISCIPLINE IN THE COOPERATIVES AND MICRO, SMALL & MEDIUM ENTERPRISES (MSMEs) DEPARTMENT OF MALANG REGENCY,” Int. J. Econ. Manag. Res., vol. 1, no. 3, pp. 17–23, 2022.
G. Rusmayadi, S. Supriandi, and R. Pahrijal, “Trends and Impact of Sustainable Energy Technologies in Mechanical Engineering: A Bibliometric Study,” West Sci. Interdiscip. Stud., vol. 1, no. 09, pp. 831–841, 2023.
U. B. Jaman and E. Pertiwi, “Kedaulatan Pajak Negara Indonesia Terhadap Perusahaan Multinasional Digital,” J. Akt. Ris. Akunt. dan Keuang., vol. 5, no. 1, pp. 32–42, 2023.
R. Miranti, “Understanding the Relationships between Development Factors and Regional Poverty: What Have We Learned from Indonesia?,” J. Poverty, vol. 21, no. 6, pp. 483–507, 2017.
A. Isnaini, S. N. Sarviah, and E. D. Ratnasari, “Analisis Pengaruh Indeks Pembangunan Manusia, Jumlah Tenaga Kerja, Rasio Ketergantungan dan Rasio Jenis Kelamin Terhadap Pertumbuhan Ekonomi di Jawa Tengah Tahun 2015-2021,” TRANSEKONOMIKA AKUNTANSI, BISNIS DAN Keuang., vol. 3, no. 3, pp. 601–614, 2023.
B. C. Laksonoa, I. Y. Wulansari, and N. Permatasari, “Small area estimation of household expenditure on insurance programs for minimizing the impact of natural disasters in West Java, Indonesia,” Stat. J. IAOS, no. Preprint, pp. 1–15.
M. B. Legowo, H. D. Widiiputra, and T. P. Nugrahanti, “Pelatihan Penyusunan Laporan Keuangan Berbasis Aplikasi Digital Untuk UMKM di Wilayah Jakarta Timur,” J. Abdimas Perbanas, vol. 2, no. 2, pp. 76–90, 2021.
N. Trinandari Prasetyo Nugrahanti, “Dysfunctional Audit Behavior and Sign Off Premature Audit Procedures: Case Study of Jakarta Public Accounting Firm,” 2020.
N. Saputra et al., “Adaptation and Language Responsibility in the Digital Age Media,” J. Namibian Stud. Hist. Polit. Cult., vol. 33, pp. 2271–2285, 2023.
A. Mustofa and N. I. S. Rahayu, “The contribution of csr program in building community resilince through development of community enterprises,” 2019.
G. Gizaw, H. Kefelegn, B. Minwuye, G. Mengesha, and D. Berihun, “Impact of business regulations on foreign direct investment inflows and economic growth in East African countries,” Cogent Econ. Financ., vol. 11, no. 1, p. 2163874, 2023.
N. Walzer, “Introduction: Entrepreneurship in community development,” Community Dev., vol. 35, no. 1, pp. 1–4, 2004.
D. J. Robinson and D. J. Robinson, “Economic Development Building Block: Quality of Life,” Econ. Dev. from State Local Perspect. Case Stud. Public Policy Debates, pp. 161–173, 2014.
E. Bauer, “The Sociological and Economic Factors Impacting a Workforce Development Program in an Impoverished Community,” 2017.
S. Supriandi, “PENGARUH MODAL SOSIAL, KAPABILITAS FINANSIAL, ORIENTASI KEWIRAUSAHAAN TERHADAP DAYA SAING BISNIS BERKELANJUTAN SERTA IMPLIKASINYA PADA KINERJA UMKM INDUSTRI KULINER DI KOTA SUKABUMI.” Nusa Putra, 2022.
Y. Iskandar and U. Kaltum, “The Relationship Between Intellectual Capital and Performance of Social Enterprises: A Literature Review,” 2021, doi: https://doi.org/10.36941/ajis-2021-0141.
Y. Iskandar and T. Sarastika, “Study of Socio-Economic Aspect and Community Perception on The Development of The Agricultural Area Shrimp Ponds in Pasir mendit and Pasir Kadilangu,” West Sci. J. Econ. Entrep., vol. 1, no. 01, pp. 28–36, 2023.
A. D. Mawardhi and S. N. Linga, “Drought and flood hazards management for agricultural water users in Central Java, Indonesia,” in IOP Conference Series: Earth and Environmental Science, IOP Publishing, 2023, p. 12001.
A. Naryono, R. A. Kaloka, and M. R. Hasani, “Governor’s Digital Education Campaign (Greeting Style) in the Prevention of the Covid-19 Pandemic Transmission in Central Java, Indonesia,” J. Soc. Res., vol. 2, no. 5, pp. 1672–1690, 2023.
R. Badrudin and M. Mayangsari, “The Evaluation of Fiscal Decentralization Implementation,” WAHANA J. Ekon. Manaj. dan Akunt., vol. 26, no. 1, pp. 60–74, 2023.
D. T. Sari, N. I. Khusna, and F. Wulandari, “ANALISIS TINGKAT KEMISKINAN DI PROVINSI JAWA TENGAH: SUATU KAJIAN BERDASARKAN FAKTOR PENDIDIKAN, SOSIAL, EKONOMI, LOKASI DAN INDEKS PEMBANGUNAN MANUSIA,” J. PIPSI (Jurnal Pendidik. IPS Indones., vol. 8, no. 1, pp. 37–50, 2023.
S. Fevriera, S. Archintia, and V. N. Siwi, “How Capital, Labor, and Technology Influence Java’s Economic Growth,” J. Ekon. Pembang. Kaji. Masal. Ekon. dan Pembang., vol. 23, no. 2, pp. 269–282, 2022.
S. B. Braun, Contribution of public support agency programs to local new firm performance. Portland State University, 2007.
D. Agossou, “New Perspectives on Institutional Intermediaries and Small Business in Developing Countries: the Importance of Institutional Contexts and the Role of Dynamic Capabilities,” 2022.
S. Akmalia, M. Milawati, T. Widyasari, E. Kartini, T. Nugroho, and U. Fitria, “WORKSHOP PEMBUATAN PROPOSAL KEWIRAUSAHAAN BAGI SISWA SMA NEGERI 14 SAMARINDA,” J. Abdi Insa., vol. 10, no. 2, pp. 1083–1091, 2023.
L. Huang, X. Bai, L. Huang, Y. Huang, and G. Han, “How Does College Students’ Entrepreneurial Learning Influence Entrepreneurial Intention: Evidence from China,” Sustainability, vol. 15, no. 12, p. 9301, 2023.
T. R. Ncube, “The effectiveness of entrepreneurship education in the selected high schools, TVET colleges and public universities in KwaZulu-Natal province.” 2022.
K. A. Kalli, Y. B. Abba, and A. G. Bukar, “An assessment of the effect of training and development on employee performance: A review perspective,” World J. Adv. Res. Rev., vol. 18, no. 2, pp. 258–270, 2023.
A. Dammert and A. Nansamba, “Skills Training and Business Outcomes: Experimental Evidence from Liberia,” 2019.
M. Chand, “The impact of HRM practices on service quality, customer satisfaction and performance in the Indian hotel industry,” Int. J. Hum. Resour. Manag., vol. 21, no. 4, pp. 551–566, 2010.
C. Rocha, C. Quandt, F. Deschamps, S. Philbin, and G. Cruzara, “Collaborations for digital transformation: Case studies of industry 4.0 in Brazil,” IEEE Trans. Eng. Manag., 2021.
N. Y. Shadchenko, L. V Syrnikova, E. G. Zhulina, S. A. Efimenko, and T. V Boldyreva, “Innovative Corporate Strategies as Sources of Sustainable Development,” in Challenges of the Modern Economy: Digital Technologies, Problems, and Focus Areas of the Sustainable Development of Country and Regions, Springer, 2023, pp. 647–650.
C. del Campo, N. R. Tierno, N. C. Banegas, and F. M. Verdú, “The role of technology centers in regional competitiveness: a multicriteria approach,” Rev. Estud. Empres. Segunda época, no. 1, pp. 119–141, 2023.
R. Dmuchowski and S. Szmitka, “Methodology of measuring the benefits of participation in business clusters.,” J. Bus. Econ. Rev., vol. 7, no. 1, 2022.
A. Roman and J. Steinfeld, “7 Business’s Involvement in Government,” Business, Soc. Glob. Gov. A Ski. Approach, 2022.
E. W. Nafziger, Economic development. Cambridge university press, 2012.
N. Goldstein, Globalization and free trade. Infobase Publishing, 2010.
J. D. Sachs and A. Warner, “Economic convergence and economic policies,” National Bureau of Economic Research Cambridge, Mass., USA, 1995.
S. M. Eyana, “Entrepreneurial behaviour and firm performance of Ethiopian tour operators,” 2017.
M. Busso, K. Park, and N. Irazoque, “The Effectiveness of Management Training Programs: A Meta-Analytic Review,” 2023.
M. M. Malipula, “SMEs sustainability through entrepreneurship training in Tanzania,” J. Enterp. Dev., vol. 5, no. 3, pp. 384–397, 2023.
W. D. Febrian, Y. H. Purnama, D. H. Perkasa, M. A. F. Abdullah, and A. Apriani, “Human Resources BSI Employee’s Performance in Jakarta Barat: Training and Development with Leadership as a Moderating Variable Post-Covid-19,” KnE Soc. Sci., pp. 167–176, 2023.
X. Li and X. Liu, “The impact of the collaborative innovation network embeddedness on enterprise green innovation performance,” Front. Environ. Sci., vol. 11, p. 1190697.
N. Calvo, S. Fernández-López, M. J. Rodríguez-Gulías, and D. Rodeiro-Pazos, “The effect of population size and technological collaboration on firms’ innovation,” Technol. Forecast. Soc. Change, vol. 183, p. 121905, 2022.
C. Petti, D. Lepore, O. Liakh, and G. Elia, “When is research and development more effective in times of crisis? The role of environmental policies,” Eur. J. Innov. Manag., 2023.
S. Njinyah, S. Asongu, and N. Adeleye, “The interaction effect of government non-financial support and firm’s regulatory compliance on firm innovativeness in Sub-Saharan Africa,” Eur. J. Innov. Manag., vol. 26, no. 7, pp. 45–64, 2022.
N. V. Tuấn, “Mainstream theories of corporate governance and the corporate governance–firm performance relationship,” VNUHCM J. Econ. Bus. Law, vol. 5, no. 3, pp. 1638–1647, 2021.
I. A. S. T. Diatmika and A. S. Yahya, “Pemanfaatan Media Sosial Dalam Meningkatkan Penjualan Usaha Kerajinan Gerabah Pada Masa Pandemi COVID–19,” Batara Wisnu Indones. J. Community Serv., vol. 1, no. 2, pp. 234–245, 2021.
A. S. Yahya and A. Z. Amzan, “EFEKTIVITAS PELAYANAN PERIZIN USAHA PERDAGANGAN MELALUI PROGRAM PAPA JOSS DI KABUPATEN PADANG PARIAMAN,” Kybernan J. Stud. Kepemerintahan, vol. 5, no. 2, pp. 142–154, 2022.
A. S. Yahya, N. I. F. Outang, Y. Fatimah, and A. Tajudin, “KUANTITAS DAN KUALITAS KINERJA PEGAWAI PADA BADAN KEPEGAWAIAN, PENDIDIKAN DAN PELATIHAN KOTA KUPANG: QUANTITY AND QUALITY OF PERFORMANCE OF EMPLOYEES AT THE PERSONNEL, EDUCATION AND TRAINING AGENCY OF KUPANG CITY,” J. Ilm. Manajemen, Bisnis dan Kewirausahaan, vol. 2, no. 1, pp. 59–70, 2022.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Siti Annisa Wahdiniawati, Akka Latifah Jusdienar, Afif Syarifudin Yahya
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Facebook 
Instagram 
Twitter 
Youtube 
+62 821 1557 5700
westscience.journals@gmail.com