Pub Date : 2023-10-31DOI: 10.58812/wsjee.v1i10.289
Ertawan Juliadi, Muhammad Syafri, Nanda Hidayati
This research explores the impact of training and development initiatives on employee productivity in the digital age within start-up companies in Indonesia through a quantitative analysis. A diverse sample of 500 employees from various sectors provided valuable insights. The findings revealed a positive correlation between the effectiveness of training programs and employee productivity, emphasizing the unique dynamics of training in start-ups. The study also uncovered the moderating effect of employee engagement and the mediating role of the perceived work environment. These results contribute to the understanding of how strategic investments in training and development can foster a skilled and productive workforce in the dynamic landscape of Indonesian start-ups.
{"title":"The Effect of Training and Development on Employee Productivity in the Digital Age","authors":"Ertawan Juliadi, Muhammad Syafri, Nanda Hidayati","doi":"10.58812/wsjee.v1i10.289","DOIUrl":"https://doi.org/10.58812/wsjee.v1i10.289","url":null,"abstract":"This research explores the impact of training and development initiatives on employee productivity in the digital age within start-up companies in Indonesia through a quantitative analysis. A diverse sample of 500 employees from various sectors provided valuable insights. The findings revealed a positive correlation between the effectiveness of training programs and employee productivity, emphasizing the unique dynamics of training in start-ups. The study also uncovered the moderating effect of employee engagement and the mediating role of the perceived work environment. These results contribute to the understanding of how strategic investments in training and development can foster a skilled and productive workforce in the dynamic landscape of Indonesian start-ups.","PeriodicalId":499410,"journal":{"name":"West Science Journal Economic and Entrepreneurship","volume":"72 11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135871218","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-31DOI: 10.58812/wsjee.v1i10.291
Yevi Dwitayanti, Ertawan Juliadi, A.Ratna Sari Dewi
This research investigates the relationship between stock fundamental analysis and investment decision-making among investors in the dynamic Indonesian stock market. Utilizing a mixed-methods approach, the study combines quantitative analyses of survey data and financial indicators with qualitative insights from interviews and focus group discussions. The findings reveal a significant prevalence of fundamental analysis among investors, with 75% actively incorporating it into their strategies. Subgroup analysis indicates varying utilization rates among individual retail investors (70%), institutional investors (80%), and analysts (85%). Regression analysis establishes a statistically significant positive correlation (β = 0.25, p < 0.05) between the application of fundamental analysis and investment success, with an adjusted R-squared of 0.48. The study identifies key market factors—regulatory changes, economic indicators, and market volatility—that influence the effectiveness of fundamental analysis. The qualitative analysis underscores nuanced investor perceptions and behavioral factors, contributing depth and context to the quantitative correlations. The integrated findings offer valuable insights for investors and policymakers, suggesting implications for informed decision-making and regulatory considerations in the Indonesian stock market.
本研究探讨动态印尼股市中股票基本面分析与投资者投资决策之间的关系。该研究采用混合方法，将调查数据和财务指标的定量分析与访谈和焦点小组讨论的定性见解相结合。调查结果显示，基本面分析在投资者中非常普遍，75%的投资者积极地将其纳入他们的策略中。亚组分析表明，个人散户投资者(70%)、机构投资者(80%)和分析师(85%)的利用率各不相同。回归分析表明，两者正相关(β = 0.25, p <应用基本面分析与投资成功之间存在0.05)，调整后的r平方为0.48。该研究确定了影响基本面分析有效性的关键市场因素——监管变化、经济指标和市场波动。定性分析强调了细微的投资者观念和行为因素，为定量相关性提供了深度和背景。综合研究结果为投资者和政策制定者提供了有价值的见解，为印度尼西亚股票市场的知情决策和监管考虑提供了启示。
{"title":"Stock Fundamental Analysis and Investment Decision Making","authors":"Yevi Dwitayanti, Ertawan Juliadi, A.Ratna Sari Dewi","doi":"10.58812/wsjee.v1i10.291","DOIUrl":"https://doi.org/10.58812/wsjee.v1i10.291","url":null,"abstract":"This research investigates the relationship between stock fundamental analysis and investment decision-making among investors in the dynamic Indonesian stock market. Utilizing a mixed-methods approach, the study combines quantitative analyses of survey data and financial indicators with qualitative insights from interviews and focus group discussions. The findings reveal a significant prevalence of fundamental analysis among investors, with 75% actively incorporating it into their strategies. Subgroup analysis indicates varying utilization rates among individual retail investors (70%), institutional investors (80%), and analysts (85%). Regression analysis establishes a statistically significant positive correlation (β = 0.25, p < 0.05) between the application of fundamental analysis and investment success, with an adjusted R-squared of 0.48. The study identifies key market factors—regulatory changes, economic indicators, and market volatility—that influence the effectiveness of fundamental analysis. The qualitative analysis underscores nuanced investor perceptions and behavioral factors, contributing depth and context to the quantitative correlations. The integrated findings offer valuable insights for investors and policymakers, suggesting implications for informed decision-making and regulatory considerations in the Indonesian stock market.","PeriodicalId":499410,"journal":{"name":"West Science Journal Economic and Entrepreneurship","volume":"113 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135872768","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-31DOI: 10.58812/wsjee.v1i10.229
Wee Win Yeoh
The purpose of this study had been targeted to explore the investigation on the foreign investment in US stock market in aligned to understand the potential market return to overcome the rising inflation rate in Malaysia. This had been motivated by the increasing interest and preference among the local investors in Malaysia into seeking into alterative investment method in foreign investment market which include foreign stock market. Therefore, the quantitative study had been conducted where the combination of the correlation analysis and regression analysis will test the research framework for the study and further comparative analysis had bene used to identify the comparison between the performance of the foreign stock market return against the inflation rate in Malaysia. The results had proven that only the inflation rate between Malaysia and US remained significant having positive relationship between the two variables rejecting other suggestion from the research framework. The comparative analysis had unveiled that the foreign stock market return considering the exchange rate through NYSE and NASDAQ had been greater and significantly surpass the inflation rate in Malaysia suggesting the recommendation for the investors to invest in the US stock market to overcome the inflation pressure in Malaysia.
{"title":"To Investigate the Foreign Investment in US Stock Market in Overcoming the Rising Inflation Rate in Malaysia","authors":"Wee Win Yeoh","doi":"10.58812/wsjee.v1i10.229","DOIUrl":"https://doi.org/10.58812/wsjee.v1i10.229","url":null,"abstract":"The purpose of this study had been targeted to explore the investigation on the foreign investment in US stock market in aligned to understand the potential market return to overcome the rising inflation rate in Malaysia. This had been motivated by the increasing interest and preference among the local investors in Malaysia into seeking into alterative investment method in foreign investment market which include foreign stock market. Therefore, the quantitative study had been conducted where the combination of the correlation analysis and regression analysis will test the research framework for the study and further comparative analysis had bene used to identify the comparison between the performance of the foreign stock market return against the inflation rate in Malaysia. The results had proven that only the inflation rate between Malaysia and US remained significant having positive relationship between the two variables rejecting other suggestion from the research framework. The comparative analysis had unveiled that the foreign stock market return considering the exchange rate through NYSE and NASDAQ had been greater and significantly surpass the inflation rate in Malaysia suggesting the recommendation for the investors to invest in the US stock market to overcome the inflation pressure in Malaysia.","PeriodicalId":499410,"journal":{"name":"West Science Journal Economic and Entrepreneurship","volume":"94 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135871763","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-31DOI: 10.58812/wsjee.v1i10.302
Eri Mardiani, A.Ratna Sari Dewi, Feliks Anggia Binsar Kristian Panjaitan, Unika Oktaviani Damau
Innovation performance measurement is an important aspect of understanding and improving entrepreneurial success, which has implications for economic development, organizational growth, and community welfare. This study uses comprehensive bibliometric analysis to systematically review and analyze the literature on innovation performance measurement in entrepreneurial business. The research covers startups and established companies, aiming to uncover key themes, influential works, and an ever-evolving research landscape in this dynamic field. His methodological approach integrates bibliometric analysis and visualization using VOSviewer, which provides a holistic view of the intellectual structure in the domain. Key findings include the identification of thematic groups, influential authors, and important works, which provide valuable insights for academics, practitioners, and policymakers involved in fostering innovation and entrepreneurship.
{"title":"Innovation Performance Measurement in Entrepreneurial Business: A Comparative Study between Start-ups and More Established Enterprises","authors":"Eri Mardiani, A.Ratna Sari Dewi, Feliks Anggia Binsar Kristian Panjaitan, Unika Oktaviani Damau","doi":"10.58812/wsjee.v1i10.302","DOIUrl":"https://doi.org/10.58812/wsjee.v1i10.302","url":null,"abstract":"Innovation performance measurement is an important aspect of understanding and improving entrepreneurial success, which has implications for economic development, organizational growth, and community welfare. This study uses comprehensive bibliometric analysis to systematically review and analyze the literature on innovation performance measurement in entrepreneurial business. The research covers startups and established companies, aiming to uncover key themes, influential works, and an ever-evolving research landscape in this dynamic field. His methodological approach integrates bibliometric analysis and visualization using VOSviewer, which provides a holistic view of the intellectual structure in the domain. Key findings include the identification of thematic groups, influential authors, and important works, which provide valuable insights for academics, practitioners, and policymakers involved in fostering innovation and entrepreneurship.","PeriodicalId":499410,"journal":{"name":"West Science Journal Economic and Entrepreneurship","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135872472","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-31DOI: 10.58812/wsjee.v1i10.290
Eva Yuniarti Utami, Syamsu Rijal, Baso Iwang
This study looks into how a manufacturing company in Indonesia might increase factory productivity by implementing Lean Manufacturing concepts. Employing a mixed-methods approach that blends quantitative surveys and qualitative interviews, the study investigates employee awareness, adoption, and perceptions of the effects of Lean techniques. The quantitative findings show that there is a significant increase in productivity, a high degree of awareness, and partial implementation. Additional correlation analysis demonstrates a strong positive association between increases in important production metrics and the degree of Lean implementation. Qualitative results emphasize the value of cultural adaptation, implementation difficulties, and successful communication outcomes. A comprehensive conversation highlights the relationship between high awareness and implementation status, highlighting the necessity of focused training and change management. The study ends with practical suggestions for maximizing Lean tactics within businesses, emphasizing the need of cultural adaptability and viewing obstacles as chances for growth.
{"title":"Application of Lean Manufacturing Principles in Increasing Factory Productivity","authors":"Eva Yuniarti Utami, Syamsu Rijal, Baso Iwang","doi":"10.58812/wsjee.v1i10.290","DOIUrl":"https://doi.org/10.58812/wsjee.v1i10.290","url":null,"abstract":"This study looks into how a manufacturing company in Indonesia might increase factory productivity by implementing Lean Manufacturing concepts. Employing a mixed-methods approach that blends quantitative surveys and qualitative interviews, the study investigates employee awareness, adoption, and perceptions of the effects of Lean techniques. The quantitative findings show that there is a significant increase in productivity, a high degree of awareness, and partial implementation. Additional correlation analysis demonstrates a strong positive association between increases in important production metrics and the degree of Lean implementation. Qualitative results emphasize the value of cultural adaptation, implementation difficulties, and successful communication outcomes. A comprehensive conversation highlights the relationship between high awareness and implementation status, highlighting the necessity of focused training and change management. The study ends with practical suggestions for maximizing Lean tactics within businesses, emphasizing the need of cultural adaptability and viewing obstacles as chances for growth.","PeriodicalId":499410,"journal":{"name":"West Science Journal Economic and Entrepreneurship","volume":"45 7","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135870008","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-31DOI: 10.58812/wsjee.v1i10.295
Muhammad Syafri, Mochammad Syafiuddin Shobirin, Dhiana Ekowati, Nuril Maghfirah
This research presents a comprehensive examination of the impact of the creative industry on economic growth in the developing nations of Malaysia and Indonesia. Utilizing a mixed-methods approach, combining quantitative analyses and qualitative insights, the study explores the intricate relationships between creative industry performance, government policies, and cultural dynamics. Quantitative results reveal a statistically significant positive correlation between the creative industry and economic growth in both countries, with variations observed in export earnings and innovation. Government policies were found to significantly influence the creative sector's contribution to GDP. Qualitative findings underscore the pivotal role of cultural dynamics in shaping creative outputs and highlight challenges and opportunities within the industry. The synthesis of these results offers valuable insights for policymakers, economists, and stakeholders seeking to harness the economic potential of the creative industry for sustainable development in diverse socio-cultural contexts.
{"title":"The Impact of Creative Industries on Economic Growth: Case Studies in Developing Countries in Malaysia and Indonesia","authors":"Muhammad Syafri, Mochammad Syafiuddin Shobirin, Dhiana Ekowati, Nuril Maghfirah","doi":"10.58812/wsjee.v1i10.295","DOIUrl":"https://doi.org/10.58812/wsjee.v1i10.295","url":null,"abstract":"This research presents a comprehensive examination of the impact of the creative industry on economic growth in the developing nations of Malaysia and Indonesia. Utilizing a mixed-methods approach, combining quantitative analyses and qualitative insights, the study explores the intricate relationships between creative industry performance, government policies, and cultural dynamics. Quantitative results reveal a statistically significant positive correlation between the creative industry and economic growth in both countries, with variations observed in export earnings and innovation. Government policies were found to significantly influence the creative sector's contribution to GDP. Qualitative findings underscore the pivotal role of cultural dynamics in shaping creative outputs and highlight challenges and opportunities within the industry. The synthesis of these results offers valuable insights for policymakers, economists, and stakeholders seeking to harness the economic potential of the creative industry for sustainable development in diverse socio-cultural contexts.","PeriodicalId":499410,"journal":{"name":"West Science Journal Economic and Entrepreneurship","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135871261","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This research investigates the impact of technological change on the marketing practices of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia through a comprehensive quantitative analysis. Surveys were conducted among a diverse sample of 500 MSMEs, spanning various sectors. The findings reveal a landscape of varied technological adoption, with financial constraints and a digital skills gap emerging as predominant challenges. Nevertheless, the study highlights the transformative potential of technology, showcasing improved customer engagement, expanded market reach, and enhanced performance metrics. The synthesis of results informs practical strategies for MSMEs, policy recommendations for stakeholders, and avenues for future research. This research contributes valuable insights into the nuanced relationship between technology and MSMEs, offering a foundation for informed decision-making in the rapidly evolving digital landscape.
{"title":"Analysis of the Impact of Technological Change on Marketing Practices","authors":"Zunan Setiawan, Hommy Dorthy Ellyany Sinaga, Chevy Herli Sumerli A., Loso Judijanto","doi":"10.58812/wsjee.v1i10.268","DOIUrl":"https://doi.org/10.58812/wsjee.v1i10.268","url":null,"abstract":"This research investigates the impact of technological change on the marketing practices of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia through a comprehensive quantitative analysis. Surveys were conducted among a diverse sample of 500 MSMEs, spanning various sectors. The findings reveal a landscape of varied technological adoption, with financial constraints and a digital skills gap emerging as predominant challenges. Nevertheless, the study highlights the transformative potential of technology, showcasing improved customer engagement, expanded market reach, and enhanced performance metrics. The synthesis of results informs practical strategies for MSMEs, policy recommendations for stakeholders, and avenues for future research. This research contributes valuable insights into the nuanced relationship between technology and MSMEs, offering a foundation for informed decision-making in the rapidly evolving digital landscape.","PeriodicalId":499410,"journal":{"name":"West Science Journal Economic and Entrepreneurship","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135872189","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-28DOI: 10.58812/wsjee.v1i09.219
Hilma Farhani, Muhamad Ammar Muhtadi
This research investigates the impact of Bank Mandiri's Entrepreneur Expo on the spirit of entrepreneurship during its 25th Anniversary celebration in West Java Province. Employing a mixed-methods approach, we assess the influence of the expo on attendees' entrepreneurial spirit through quantitative surveys and gain deeper insights into their experiences and perceptions via qualitative interviews. The quantitative analysis reveals that expo attendees exhibit significantly higher levels of motivation, willingness to take risks, innovation, and intention to start a business compared to non-attendees. Qualitative findings highlight the expo as an inspirational platform that offers networking opportunities, knowledge acquisition, and a confidence boost. Overall, Bank Mandiri's Entrepreneur Expo emerges as a significant catalyst for fostering entrepreneurship, providing valuable lessons for organizations and policymakers seeking to promote entrepreneurship and innovation within their communities.
{"title":"The Influence of Bank Mandiri's Entrepreneur Expo in Increasing the Spirit of Entrepreneurship at the 25th Anniversary in West Java Province","authors":"Hilma Farhani, Muhamad Ammar Muhtadi","doi":"10.58812/wsjee.v1i09.219","DOIUrl":"https://doi.org/10.58812/wsjee.v1i09.219","url":null,"abstract":"This research investigates the impact of Bank Mandiri's Entrepreneur Expo on the spirit of entrepreneurship during its 25th Anniversary celebration in West Java Province. Employing a mixed-methods approach, we assess the influence of the expo on attendees' entrepreneurial spirit through quantitative surveys and gain deeper insights into their experiences and perceptions via qualitative interviews. The quantitative analysis reveals that expo attendees exhibit significantly higher levels of motivation, willingness to take risks, innovation, and intention to start a business compared to non-attendees. Qualitative findings highlight the expo as an inspirational platform that offers networking opportunities, knowledge acquisition, and a confidence boost. Overall, Bank Mandiri's Entrepreneur Expo emerges as a significant catalyst for fostering entrepreneurship, providing valuable lessons for organizations and policymakers seeking to promote entrepreneurship and innovation within their communities.","PeriodicalId":499410,"journal":{"name":"West Science Journal Economic and Entrepreneurship","volume":"15 4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135427049","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-28DOI: 10.58812/wsjee.v1i09.215
Hilma Farhani, H. Fikriah, Bambang Sukamto
Micro, Small and Medium Enterprises (MSMEs) play an important role in Indonesia's economic development, especially in West Java Province. Recognizing this important role of MSMEs, Bank Mandiri has introduced the Entrepreneur Expo Program to support and promote entrepreneurship among MSMEs. This study aims to analyze the impact of Bank Mandiri's Entrepreneur Expo Program on the entrepreneurial spirit of MSMEs in West Java. This study uses a mixed-methods research design, consisting of 200 quantitative surveys and qualitative interviews, to collect data from program participants. The findings show that the program has had a positive impact on MSMEs. Networking opportunities, knowledge transfer and increased confidence have empowered the participants, fostering entrepreneurship in the region. Challenges, including sustainability and access to finance, have also been identified. To address these challenges and improve the effectiveness of the program, several recommendations are proposed, such as expanding post-program support, establishing financial partnerships, and adjusting program content. This study contributes to the understanding of entrepreneurship support programs and provides actionable insights for policymakers, financial institutions, and MSME owners, which can ultimately advance the entrepreneurship ecosystem in West Java.
{"title":"Analysis of Bank Mandiri's Entrepreneur Expo Program in Encouraging Entrepreneurial Spirit","authors":"Hilma Farhani, H. Fikriah, Bambang Sukamto","doi":"10.58812/wsjee.v1i09.215","DOIUrl":"https://doi.org/10.58812/wsjee.v1i09.215","url":null,"abstract":"Micro, Small and Medium Enterprises (MSMEs) play an important role in Indonesia's economic development, especially in West Java Province. Recognizing this important role of MSMEs, Bank Mandiri has introduced the Entrepreneur Expo Program to support and promote entrepreneurship among MSMEs. This study aims to analyze the impact of Bank Mandiri's Entrepreneur Expo Program on the entrepreneurial spirit of MSMEs in West Java. This study uses a mixed-methods research design, consisting of 200 quantitative surveys and qualitative interviews, to collect data from program participants. The findings show that the program has had a positive impact on MSMEs. Networking opportunities, knowledge transfer and increased confidence have empowered the participants, fostering entrepreneurship in the region. Challenges, including sustainability and access to finance, have also been identified. To address these challenges and improve the effectiveness of the program, several recommendations are proposed, such as expanding post-program support, establishing financial partnerships, and adjusting program content. This study contributes to the understanding of entrepreneurship support programs and provides actionable insights for policymakers, financial institutions, and MSME owners, which can ultimately advance the entrepreneurship ecosystem in West Java.","PeriodicalId":499410,"journal":{"name":"West Science Journal Economic and Entrepreneurship","volume":"71 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135427054","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-28DOI: 10.58812/wsjee.v1i09.207
Sabil Sabil, Silvester Adi Surya Herjuna, Lukman Hakim, Soni Suharmono, Eva Yuniarti Utami
This research explores the influence of startups on raising entrepreneurship awareness and enhancing digital literacy in West Java. A mixed-methods approach was employed, combining quantitative surveys with qualitative in-depth interviews and focus group discussions. The study involved 300 respondents with diverse demographic characteristics, allowing for a comprehensive analysis of the startup ecosystem's impact. Quantitative findings revealed that a significant portion of the population in West Java has high levels of entrepreneurship awareness (40%) and digital literacy (35%). Moreover, 60% of respondents reported engagement with startups. Qualitative insights from interviews and focus group discussions emphasized the inspirational role of startups, their contribution to skill development, and the potential for collaboration between startups and educational institutions. The study also found that 75% of respondents perceived a positive influence of startups on entrepreneurship awareness and 70% on digital literacy. These findings underscore the critical role of startups in fostering entrepreneurship awareness and digital literacy in West Java. However, challenges such as resource limitations and the digital divide must be addressed to fully harness the benefits of startups.
{"title":"The Influence of Startups in Increasing Entrepreneurship Awareness and Digital Literacy","authors":"Sabil Sabil, Silvester Adi Surya Herjuna, Lukman Hakim, Soni Suharmono, Eva Yuniarti Utami","doi":"10.58812/wsjee.v1i09.207","DOIUrl":"https://doi.org/10.58812/wsjee.v1i09.207","url":null,"abstract":"This research explores the influence of startups on raising entrepreneurship awareness and enhancing digital literacy in West Java. A mixed-methods approach was employed, combining quantitative surveys with qualitative in-depth interviews and focus group discussions. The study involved 300 respondents with diverse demographic characteristics, allowing for a comprehensive analysis of the startup ecosystem's impact. Quantitative findings revealed that a significant portion of the population in West Java has high levels of entrepreneurship awareness (40%) and digital literacy (35%). Moreover, 60% of respondents reported engagement with startups. Qualitative insights from interviews and focus group discussions emphasized the inspirational role of startups, their contribution to skill development, and the potential for collaboration between startups and educational institutions. The study also found that 75% of respondents perceived a positive influence of startups on entrepreneurship awareness and 70% on digital literacy. These findings underscore the critical role of startups in fostering entrepreneurship awareness and digital literacy in West Java. However, challenges such as resource limitations and the digital divide must be addressed to fully harness the benefits of startups.","PeriodicalId":499410,"journal":{"name":"West Science Journal Economic and Entrepreneurship","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135427198","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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