Social Capital, Financial Capital, and Entrepreneurial Orientation: Keys to Performance in Indonesia’s MSME Clothing Industry

Abstract

This paper embarks on an exciting journey through Indonesia's Micro, Small, and Medium Enterprises (MSME) clothing industry, unraveling the intricate tapestry of social capital, financial resources, and entrepreneurial orientation as the catalysts for success. Brace yourself for a captivating exploration of how these factors weave together to elevate the performance of businesses in this dynamic industry. Our research, based on an extensive and vibrant dataset, has yielded results that are nothing short of captivating. With all hypotheses embraced and accepted, our findings spotlight the undeniable synergy between social connections, financial backing, and entrepreneurial spirit in the realm of MSME clothing enterprises in Indonesia. These intertwined elements emerge as the warp and weft of the industry's success story. This research isn't just informative; it's a game-changer. It offers a treasure trove of insights for policymakers, industry enthusiasts, and budding entrepreneurs. It confirms that nurturing relationships, enhancing access to financial resources, and instilling a fearless entrepreneurial mindset are the keys to unlocking the full potential of Indonesia's thriving MSME clothing industry.