Intensity of the creative economy agency and partnership in empowering micro and small enterprises
Purpose ─ This paper analyzes the determinants of micro and small enterprise company performance and its employees in Indonesia using a data set covering 2010 – 2019. Method ─ This study uses the robust estimation of the panel data regression method to estimate an alternative least squares regres...
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| Format: | Article |
| Language: | English |
| Published: |
Universitas Islam Indonesia
2023-04-01
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| Series: | Economic Journal of Emerging Markets |
| Subjects: | |
| Online Access: | https://journal.uii.ac.id/JEP/article/view/21683 |
| _version_ | 1797846510009843712 |
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| author | Awan Setya Dewanta Sahabudin Sidiq |
| author_facet | Awan Setya Dewanta Sahabudin Sidiq |
| author_sort | Awan Setya Dewanta |
| collection | DOAJ |
| description |
Purpose ─ This paper analyzes the determinants of micro and small enterprise company performance and its employees in Indonesia using a data set covering 2010 – 2019.
Method ─ This study uses the robust estimation of the panel data regression method to estimate an alternative least squares regression that does not require strict assumptions and is not sensitive to outliers.
Findings ─ The study's findings are as follows: 1) Improving resources, markets, entrepreneurs, and institutions has different impacts on business performance and workers' compensation due to the complexity and size of businesses, 2) The formal education of micro and small business entrepreneurship and institutionalization of partnerships have improved workers' compensation but not business performance, 3) Improving resource access, market orientation, and policies indirectly implemented by the Creative Economy Agency have improved business performance but not workers' compensation. Therefore, programs aimed at enhancing productivity of entrepreneurs and workers through partnerships are a key factor in improving the competitiveness of micro and small enterprises.
Originality ─ Four determinants of the business environment of micro and small enterprises were analyzed to determine their impact on entrepreneur and worker performance, in order to identify the key factors contributing to the successful empowerment of these businesses.
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| first_indexed | 2024-04-09T17:56:09Z |
| format | Article |
| id | doaj.art-be8f247347594f0097f30971b0517ff6 |
| institution | Directory Open Access Journal |
| issn | 2086-3128 2502-180X |
| language | English |
| last_indexed | 2024-04-09T17:56:09Z |
| publishDate | 2023-04-01 |
| publisher | Universitas Islam Indonesia |
| record_format | Article |
| series | Economic Journal of Emerging Markets |
| spelling | doaj.art-be8f247347594f0097f30971b0517ff62023-04-15T00:30:19ZengUniversitas Islam IndonesiaEconomic Journal of Emerging Markets2086-31282502-180X2023-04-0115110.20885/ejem.vol15.iss1.art5Intensity of the creative economy agency and partnership in empowering micro and small enterprisesAwan Setya Dewanta0Sahabudin Sidiq1Department of Economics, Faculty of Business and Economics, Universitas Islam Indonesia, IndonesiaDepartment of Economics, Faculty of Business and Economics, Universitas Islam Indonesia, Indonesia Purpose ─ This paper analyzes the determinants of micro and small enterprise company performance and its employees in Indonesia using a data set covering 2010 – 2019. Method ─ This study uses the robust estimation of the panel data regression method to estimate an alternative least squares regression that does not require strict assumptions and is not sensitive to outliers. Findings ─ The study's findings are as follows: 1) Improving resources, markets, entrepreneurs, and institutions has different impacts on business performance and workers' compensation due to the complexity and size of businesses, 2) The formal education of micro and small business entrepreneurship and institutionalization of partnerships have improved workers' compensation but not business performance, 3) Improving resource access, market orientation, and policies indirectly implemented by the Creative Economy Agency have improved business performance but not workers' compensation. Therefore, programs aimed at enhancing productivity of entrepreneurs and workers through partnerships are a key factor in improving the competitiveness of micro and small enterprises. Originality ─ Four determinants of the business environment of micro and small enterprises were analyzed to determine their impact on entrepreneur and worker performance, in order to identify the key factors contributing to the successful empowerment of these businesses. https://journal.uii.ac.id/JEP/article/view/21683Micro Small EnterprisesPartnershipInstitution |
| spellingShingle | Awan Setya Dewanta Sahabudin Sidiq Intensity of the creative economy agency and partnership in empowering micro and small enterprises Economic Journal of Emerging Markets Micro Small Enterprises Partnership Institution |
| title | Intensity of the creative economy agency and partnership in empowering micro and small enterprises |
| title_full | Intensity of the creative economy agency and partnership in empowering micro and small enterprises |
| title_fullStr | Intensity of the creative economy agency and partnership in empowering micro and small enterprises |
| title_full_unstemmed | Intensity of the creative economy agency and partnership in empowering micro and small enterprises |
| title_short | Intensity of the creative economy agency and partnership in empowering micro and small enterprises |
| title_sort | intensity of the creative economy agency and partnership in empowering micro and small enterprises |
| topic | Micro Small Enterprises Partnership Institution |
| url | https://journal.uii.ac.id/JEP/article/view/21683 |
| work_keys_str_mv | AT awansetyadewanta intensityofthecreativeeconomyagencyandpartnershipinempoweringmicroandsmallenterprises AT sahabudinsidiq intensityofthecreativeeconomyagencyandpartnershipinempoweringmicroandsmallenterprises |