West Science Journal Economic and Entrepreneurship

Effects of Entrepreneurship Training, Digital Innovation, and Social Capital on Business Sustainability in the Creative Industry Sector

Loso Judijanto, Haruni Ode, Arief Yanto Rukmana, Antoni, Najdah Thalib — Fri, 30 Aug 2024 00:00:00 +0000

This study investigates the impact of Digital Innovation, Entrepreneurship Training, and Social Capital on Business Sustainability within the creative industries sector. Utilizing a quantitative research approach, data were collected from 150 business owners and managers using a structured questionnaire with a five-point Likert scale. The data were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS 3) to test the proposed hypotheses. The results reveal that all three factors—Digital Innovation, Entrepreneurship Training, and Social Capital—have positive and significant effects on Business Sustainability. Specifically, Social Capital emerged as the strongest predictor, followed by Digital Innovation and Entrepreneurship Training. These findings underscore the importance of embracing digital technologies, investing in entrepreneurial education, and cultivating strong social networks to enhance the sustainability of creative enterprises. The study provides valuable insights for practitioners, policymakers, and educators in the creative industries, offering practical strategies for fostering long-term business success.

The Impact of Managerial Experience, Continuing Education, and Work-Life Balance on Innovation and Growth of Start-ups in Indonesia

Fri, 30 Aug 2024 00:00:00 +0000

This study investigates the impact of managerial experience, continuing education, and work-life balance on the innovation and growth of startups in Indonesia. Using a quantitative approach, data were collected from 170 startup managers and analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS). The results reveal that all three factors—managerial experience, continuing education, and work-life balance—positively and significantly influence the innovation and growth of startups. Continuing education emerged as the most influential factor, followed by work-life balance and managerial experience. These findings underscore the importance of ongoing learning, experienced leadership, and maintaining a healthy work-life balance in fostering startup success. The study provides valuable insights for entrepreneurs, managers, and policymakers seeking to enhance the innovation capacity and growth potential of startups in Indonesia.

The Impact of Multichannel Marketing Strategy Implementation, HR Skills, and Customer Experience on Increased Sales in Small and Medium Enterprises

Adih Supriadi, Ani Kusumaningsih, Arief Yanto Rukmana, Bambang Eko Prayetno — Fri, 30 Aug 2024 00:00:00 +0000

This study investigates the impact of multichannel marketing strategy implementation, human resource (HR) skills, and customer experience on increasing sales in small and medium enterprises (SMEs). Employing a quantitative research approach, data were collected from 190 SME representatives using a 5-point Likert scale and analyzed with Structural Equation Modeling-Partial Least Squares (SEM-PLS 3). The findings reveal that all three factors—multichannel marketing strategy, HR skills, and customer experience—have a positive and significant effect on sales performance. Among them, HR skills exhibit the strongest influence, followed by multichannel marketing strategy and customer experience. These results underscore the importance of integrating effective marketing strategies, enhancing HR competencies, and delivering superior customer experiences to drive sales growth in SMEs. The study provides valuable insights for SME practitioners and policymakers, emphasizing the need for a holistic approach to improving business performance through strategic investments in marketing, HR, and customer experience.

Effects of Lean Manufacturing Implementation, Raw Material Quality, and Employee Training on the Success of Manufacturing Firms

Yana Priyana, Ivon Arisanti, Naswan Hadilia — Fri, 30 Aug 2024 00:00:00 +0000

This study examines the impact of Lean Manufacturing implementation, Raw Material Quality, and Employee Training on the success of manufacturing companies through a quantitative analysis. Data was collected from 220 manufacturing firms, utilizing a Likert scale ranging from 1 to 5 to measure the variables in question. Structural Equation Modeling with Partial Least Squares (SEM-PLS) was employed to analyze the data. The results reveal that Lean Manufacturing, Raw Material Quality, and Employee Training all have positive and significant effects on the success of manufacturing firms, with Lean Manufacturing emerging as the most influential factor. The findings suggest that a holistic approach, integrating lean practices, high-quality raw materials, and continuous employee development, is essential for achieving superior performance in the manufacturing sector. This study contributes to the literature by providing empirical evidence on the synergistic effects of these critical factors and offers practical insights for industry practitioners and policymakers.

Effect of Access to Capital, Entrepreneurship Education, and HR Competencies on Start-up Success in the Technology Sector

Loso Judijanto, Sri Dewi Lisnawaty — Fri, 30 Aug 2024 00:00:00 +0000

This study examines the impact of access to capital, entrepreneurship education, and human resource (HR) competencies on the success of start-ups in the technology sector. Utilizing a quantitative approach, data were collected from 150 start-up firms through structured questionnaires using a Likert scale ranging from 1 to 5. The data were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS 3). The results indicate that all three factors—access to capital, entrepreneurship education, and HR competencies—positively and significantly influence start-up success. Access to capital allows start-ups to invest in research and development, scale operations, and attract top talent, while entrepreneurship education equips entrepreneurs with essential skills for strategic decision-making. HR competencies, as the strongest predictor, underscore the critical role of a skilled workforce in driving innovation and sustaining growth in the technology sector. The findings provide valuable insights for entrepreneurs, educators, and policymakers seeking to support the development and success of technology start-ups.

Analysis of the Impact of Stakeholder Engagement, Social Business Model, and Financial Sustainability on the Growth of Social Entrepreneurs

Loso Judijanto, Ari Purwanti, Indah Oktari Wijayanti — Fri, 30 Aug 2024 00:00:00 +0000

This study investigates the influence of stakeholder engagement, social business models, and financial sustainability on the growth of social entrepreneurs. Employing a quantitative approach, data were collected from 230 social entrepreneurs and analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS 3). The results indicate that all three factors—stakeholder engagement, social business models, and financial sustainability—significantly and positively impact the growth of social entrepreneurs. Among these, stakeholder engagement emerged as the most influential factor, followed by social business models and financial sustainability. The findings underscore the critical role of strong stakeholder relationships, innovative business models, and financial stability in fostering the growth and scalability of social enterprises. These insights provide valuable guidance for social entrepreneurs and policymakers seeking to enhance the effectiveness and impact of social enterprises.

A Bibliometric Study of Publications and Citations in the Field of Digital Economy

Loso Judijanto, Sabalius Uhai, Lusiana Pratiwi — Fri, 30 Aug 2024 00:00:00 +0000

The evolution of the digital economy has been characterized by an increasing trend in academic publications from 1996 to 2024, reflecting its growing importance and widespread implications across various sectors. This study analyzes the publication trends using bibliometric data, revealing significant growth in research outputs, particularly in the past decade. The implications of this growth are profound for both the business sector and policymakers, as they adapt to technological advancements and shifting market dynamics. The analysis not only highlights the sectors' responses to these changes but also underscores the need for updated policies to support digital infrastructure, ensure data privacy, and promote digital inclusivity. The study further discusses how this burgeoning research can guide strategic decisions in technology adoption and policy formulation.

Research Development on Sustainable Business Models

Loso Judijanto — Fri, 30 Aug 2024 00:00:00 +0000

This study presents a comprehensive bibliometric analysis of the research on sustainable business models, drawing from the Google Scholar database and focusing on the period from 1991 to 2024. The analysis identifies key themes, influential authors, and collaborative networks within the field, highlighting the central role of sustainable business practices, the increasing importance of digital transformation, and the adoption of circular economy principles. By mapping the intellectual structure of the field, the study provides valuable insights into the evolution of sustainable business models and suggests pathways for future research. The findings emphasize the need for interdisciplinary collaboration and the integration of innovative strategies to advance sustainability in business. Despite its limitations, this study offers practical implications for academics, businesses, and policymakers, aiming to align research and practice with global sustainability goals.

Evaluation of Top Journals and Authors in Behavioral Economics: A Bibliometric Approach

Supriandi Supriandi, Erwina Kartika Devi, Daud, Al Munip, Elma Abnaina — Fri, 30 Aug 2024 00:00:00 +0000

Behavioral economics has become an essential subfield within economics, integrating psychological insights to better understand decision-making processes. This study conducts a comprehensive bibliometric analysis to evaluate the evolution of behavioral economics, identify key research themes, and map the contributions of influential authors. Using data sourced from the Google Scholar database, the study analyzes publication trends, co-authorship networks, and the temporal development of research areas. The findings reveal that core concepts such as behavioral finance, public policy, and experimental economics continue to dominate the field, while emerging areas like consumer behavior and insurance indicate new research directions. The co-authorship analysis highlights the importance of collaboration among scholars in shaping the field's development. These insights provide valuable implications for researchers, educators, policymakers, and funding bodies in guiding future research, curriculum development, and resource allocation. This study contributes to a deeper understanding of the intellectual structure and trajectory of behavioral economics.

Bibliometric Analysis to Understand Research Trends in Data-Driven Economics

Loso Judijanto, Komang Shanty Muni, Firlie Lanovia Amir — Fri, 30 Aug 2024 00:00:00 +0000

The bibliometric analysis conducted in this study offers a nuanced understanding of the evolution and current state of research within data-driven domains, highlighting "data" as a central theme interconnected with diverse fields like business, smart cities, and machine learning. This research provides valuable insights into the dominant trends, collaboration patterns, and thematic priorities that shape the data-driven research landscape, underscoring the critical role of data in advancing both theoretical knowledge and practical applications across various sectors. The findings suggest significant opportunities for enhancing data analytics capabilities, developing targeted educational programs, and fostering interdisciplinary collaborations that can bridge existing gaps in the literature. However, the study also notes limitations inherent in bibliometric analyses, including potential biases toward more frequently cited or recent publications and the exclusion of works outside selected databases. Overall, this analysis not only reflects the dynamic and impactful nature of data-driven research but also guides future academic and practical endeavors in the field.

The Role of Village-Owned Enterprises (BUMDes) in Increasing Village Original Income (PADes) and Community Welfare of South Montong Baan Village, East Lombok Regency

Rizka Amalia, Hailuddin, Abdul Manan, Iwan Harsono — Fri, 30 Aug 2024 00:00:00 +0000

This research aims to (1) determine the role of BUMDes in increasing PADes (2) to determine the role of BUMDes in improving community welfare. The research approach used in this research is quantitative descriptive with data sources originating from primary and secondary data. Data analysis techniques (1) the role of BUMDes towards PADes using contribution analysis (2) the role of BUMDes towards community welfare using standard indicators of community welfare according to the 2005 Central Statistics Agency.The results of the research show that the role of BUMDes in improving PADes and the welfare of the South Montong Baan Village community has been quite successful in improving community welfare. 77% of the community (customers) belong to families with a high level of welfare after joining BUMDes, while the results of the contribution analysis show that the contribution BUMDes towards PADes is included in the very poor contribution criteria, namely <10%. To increase the role of BUMDes, the step that the village government must take is to be more active in providing outreach regarding BUMDes and related SHU distribution regulations that need to be updated.

Earnings Management Trend in Manufacturing Companies Sub-Sector Food and Beverage Listed on the Indonesia Stock Exchange Year 2019-2023

Febian Dwi Efendi, Diyah Probowulan, Achmad Syahfrudin Zulkarnnaeni — Fri, 30 Aug 2024 00:00:00 +0000

This study aims to analyze the trend of earnings management in manufacturing companies operating in the food and beverage sub-sector listed on the Indonesia Stock Exchange. Earnings management trends encompass methods used by companies to manipulate or manage their financial statements. Factors influencing earnings management include tax planning, income tax expenses, and profitability. The management's goal is to enhance corporate earnings to reflect stable profits, thus accurately portraying the company's financial performance in future periods. The study population consists of 45 companies, with a sample of 9 companies selected using purposive sampling. Data collection utilized secondary data from quarterly financial reports of manufacturing companies listed on the Indonesia Stock Exchange from 2019 to 2023. The research employed descriptive analysis to assess earnings management trends as predictors of profit increases. The findings reveal significant fluctuations in earnings management practices among food and beverage manufacturing companies listed on the Indonesia Stock Exchange during the period from 2019 to 2023.

Effect of Transfer Pricing, Capital Intensity and Audit Committee on Tax Avoidance

Nori Firdausyah, Moh Halim, Riyanto Setiawan Suharsono — Fri, 30 Aug 2024 00:00:00 +0000

This research was conducted with the aim of providing empirical evidence of Transfer Pricing, Capital Intensity and Audit Committees on Tax Avoidance (Case Study of Energy Sector Mining Companies Listed on the Indonesia Stock Exchange for the 2021-2022 Period). The sample selection technique was carried out using the porpusive sampling method. The total population in this study was 82 companies with a sample size of 31 companies that met the sample criteria. Data collection in this research uses secondary data obtained from the annual financial reports of companies operating in the mining industry, energy sub-sector which are listed on the Indonesia Stock Exchange for the 2021-2022 period. This research method uses a quantitative method with data testing used using SPSS version 26. The data analysis used is descriptive statistical analysis. The results of this research show that transfer pricing, capital intensity, and audit committees have a positive and significant influence on tax avoidance, such as which was tested using t test analysis and F test.

Entrepreneurial Traits and Firms Performance: Evidence from SMEs in Nigeria

Nuel Okoli, Ifeanyi Okoli — Fri, 30 Aug 2024 00:00:00 +0000

The purpose of this research is to determine the influence of entrepreneurial traits on firm’s performance in selected small and medium enterprises (SMEs) in Anambra State, Nigeria. The research was supported by trait theory of entrepreneurship. The research employed survey research design. The population target consists of 548 registered small and medium-scale enterprises located in Awka South L.G.A, Anambra State. The study used sample of 240 respondents drawn from the registered small and medium-scale enterprises. Stratified random sampling was employed in identifying respondents. A structured questionnaire was incorporated in data collection. Face and content validity was adopted in the study. Cronbach alpha coefficient was useful in examining the research instrument. Cronbach alpha coefficient of 0.7 was used for reliability. The assembled data was examined by means of descriptive statistics and inferential statistics assisted by Statistical Package for Social Sciences (SPSS). Data presentation entailed usage of tables and percentages. The findings indicated that entrepreneurial traits had a positive significance influence on the performance of SMEs. The research concluded, risk taking propensity, innovativeness and resilience influence performance of SMEs in Anambra State Nigeria having been statistically significant and therefore considered. The study recommended that prospective entrepreneurs should be mindful of these factors and take advantage of them in their quest to improve their firm’s performance and competitiveness.

Analysis of Factors Affecting Labor Productivity in the Bamboo Handicraft Industry in Loyok Village, Sikur District, East Lombok Regency

Siskawati Siskawati, Helmy Fuady, Titi Yuniarti — Fri, 30 Aug 2024 00:00:00 +0000

This study aims to analyze the influence of age, work experience and the number of family dependents partially and simultaneously on labor productivity in the bamboo handicraft industry in Loyok Village, Sikur District, East Lombok Regency. The type of research used in this study is an explanatory quantitative method with a sampling of 56 people with a population of 126 people. The data obtained by distributing questionnaires and sampling this study used simple random sampling. The results of the analysis show that partially of the three variables used in this study, there are two variables that have an influence and significance, namely age with a significant value of 0.009 < 0.05 and work experience with a significant value of 0.021< 0.05 while for the variable the number of family dependents with a significant value of 0.051< 0.05 has an insignificant effect on labor productivity in the bamboo handicraft industry in Loyok Village. Meanwhile, simultaneously that together, the independent variable X affects labor productivity with a significant value of 0.006 < 0.05. Meanwhile, the R2 Adjusted R Square value shows that all independent variables are able to explain the dependent variable by 16.4% and the remaining 83.6% are explained by other variables that are not included in this study.

The Effect of Workload on Turnover Intention of Teachers at SMA Angkasa Adisutjipto Yogyakarta with Work Stress as a Mediation Variable and Psychological Empowerment as a Moderation Variable

Rahayu Rohmi Utami, Yuni Siswanti, C. Ambar Puji Harjanto — Fri, 30 Aug 2024 00:00:00 +0000

The objective of this study is to determine and analyse the effect of workload on turnover intention in teachers at SMA Angkasa Adisutjipto Yogyakarta, with work stress as a mediating variable and psychological empowerment as a moderating variable. The population of this study consisted of 38 teachers at SMA Angkasa Adisutjipto Yogyakarta. The sample of this study was selected from the population of teachers at SMA Angkasa Adisutjipto Yogyakarta. The analysis method employed in this study was partial least squares (PLS). The findings of this research analysis indicate that workload has a significant positive effect on turnover intention in teachers at SMA Angkasa Adisutjipto Yogyakarta. Furthermore, work stress mediates the effect of workload on turnover intention in teachers at SMA Angkasa Adisutjipto Yogyakarta. However, psychological empowerment does not moderate the effect of workload on turnover intention in teachers at SMA Angkasa Adisutjipto Yogyakarta.

Analysis of the Influence of Modern Retail Presence on Labor Absorption Local in Sumbawa Regency

Dita Rahmadillah, Sahri, Satarudin — Fri, 30 Aug 2024 00:00:00 +0000

This study aims to analyze "The Influence of Modern Retail Existence on the Absorption of Local Labor in Sumbawa Regency". It is a quantitative descriptive research design that is being employed. Time series data were the sort of data utilized in this investigation. The Panel Data Regression analysis approach was used in Eviews 10 to analyze the data. The study's findings demonstrate that the independent factors of Indomaret (X2) and Modern Retail Alfamart (X1) jointly affect the dependent variable of Local Labor (Y). The test findings indicate that there is a notable impact of Alfamart (X1) and Indomaret (X2) on the absorption of Local Workers (Y). The results of this test are known that each increase in one modern retail unit will directly affect the absorption of local labor of Alfamart (X1) of 9.141800 and Indomaret (X2) of 9.894077 units in Sumbawa Regency.

Analysis of the Influence of Tourist Visits and Hotel Occupancy Rate on Labor Absorption in West Nusa Tenggara Province

Shofyah Syafinah, Emi Salmah, Masrun — Fri, 30 Aug 2024 00:00:00 +0000

This study aims to analyze "The influence of tourist visits and hotel occupancy rates on labor absorption in West Nusa Tenggara Province". The type of research used in this study is quantitative research with a descriptive approach. The type of data used in the study is time series data. The data was processed using the SPSS application using the Multiple Liniear Regression analysis method. The results of this study show that simultaneously the independent variables of tourist visits (X1) and hotel occupancy rate (X2) do not have a significant effect on the dependent variable, namely labor absorption (Y) even though it has a strong correlation. The results of the partial test show that Tourist Visits and Hotel Occupancy Rate have no significant effect on Labor Absorption in the hospitality sector. The results of multiple regression testing of the data in this study recommend the regression equation: Y = 2700.556 + 0.002 X1 + 0.001 X2. The constant value is 2700.556, the coefficient X1 is 0.002 and the hotel occupancy rate is 0.001.

The Influence of Family Environment, Social Media Utilization, Confidence, Motivation on Entrepreneurial Interest in Generation Z in Mataram City

Verren Regina Agustin, St. Maryam, Akung Daeng — Fri, 30 Aug 2024 00:00:00 +0000

In the development of the economy and the equitable distribution of income in a country, entrepreneurs have a big role in it. With the number of entrepreneurs increasing and continuing to increase, it marks that the country is a country with a developed economy. Currently, Generation Z is the largest generation so Generation Z will have an important role if their human resources are productive and competitive. This study aims to analyze the influence of family environment, social media utilization, confidence, and motivation on entrepreneurial interest in generation z. The population in this study is Generation Z in Mataram City. According to the latest data in 2022, the sample used was 100 respondents, research methods with quantitative methods, data collection techniques with questionnaires, data were processed with the help of IBM SPSS.27 test tools and the tests carried out were validity, reliability, classical assumptions, multiple linear regression analysis tests, and determination coefficients (R2). To test the hypothesis in this study, the F test (simultaneous) and the t test (partial). The results of the study showed that (1) There was a partial influence of family environment variables, social media utilization, confidence, and motivation on Generation Z's entrepreneurial interest in Mataram City (2) There was a simultaneous influence of family environment, social media utilization, confidence, and motivation on entrepreneurial interest.