Determinants of performance improvement of Micro, Small, and Medium Enterprises (MSME) in the border market of North Timor Central District – Timor Leste
This study examines the impact of financial literacy, technological innovation, government support, and subjective norms on the performance of Micro, Small, and Medium Enterprises (MSMEs) in the North Central Timor District (TTU)-Timor Leste Border Market. Furthermore, it seeks to identify appropri...
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| Format: | Article |
| Language: | English |
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Master Program in Economics, Graduate Program of Universitas Jambi
2023-04-01
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| Series: | Jurnal Perspektif Pembiayaan dan Pembangunan Daerah |
| Subjects: | |
| Online Access: | https://online-journal.unja.ac.id/JES/article/view/23538 |
| _version_ | 1827955708760424448 |
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| author | Margareta Diana Pangastuti Frederic Winston Nalle Bernadus Gawa Rado Adriana Kolo |
| author_facet | Margareta Diana Pangastuti Frederic Winston Nalle Bernadus Gawa Rado Adriana Kolo |
| author_sort | Margareta Diana Pangastuti |
| collection | DOAJ |
| description |
This study examines the impact of financial literacy, technological innovation, government support, and subjective norms on the performance of Micro, Small, and Medium Enterprises (MSMEs) in the North Central Timor District (TTU)-Timor Leste Border Market. Furthermore, it seeks to identify appropriate strategies for enhancing MSME performance in this region. Both multiple linear regression analysis and descriptive analysis were employed as research methods. The study population included all MSMEs in the TTU District, totaling 693 entities. The researchers employed a purposive sampling technique based on the Slovin formula, selecting 80 respondents as research samples. The findings indicated that technological innovation, government support, and subjective norms significantly affect MSME performance in the TTU-Timor Leste Border Market. To improve the performance of MSMEs, various strategies can be implemented. These encompass the enhancement of financial literacy through training and mentoring programs, adopting e-commerce within the digital economy, and improving human resource quality and product standards. Other strategies include fostering partnerships among institutions, cultivating an investment-friendly bureaucracy, implementing product labeling, establishing legal business associations, and promoting motivation and self-confidence.
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| first_indexed | 2024-04-09T14:50:30Z |
| format | Article |
| id | doaj.art-f8043c2c926f4782b517ab49a9e764ff |
| institution | Directory Open Access Journal |
| issn | 2338-4603 2355-8520 |
| language | English |
| last_indexed | 2024-04-09T14:50:30Z |
| publishDate | 2023-04-01 |
| publisher | Master Program in Economics, Graduate Program of Universitas Jambi |
| record_format | Article |
| series | Jurnal Perspektif Pembiayaan dan Pembangunan Daerah |
| spelling | doaj.art-f8043c2c926f4782b517ab49a9e764ff2023-05-02T09:41:24ZengMaster Program in Economics, Graduate Program of Universitas JambiJurnal Perspektif Pembiayaan dan Pembangunan Daerah2338-46032355-85202023-04-0111110.22437/ppd.v11i1.23538Determinants of performance improvement of Micro, Small, and Medium Enterprises (MSME) in the border market of North Timor Central District – Timor LesteMargareta Diana Pangastuti0Frederic Winston Nalle1Bernadus Gawa Rado2Adriana Kolo3Development Economics Study Program, Faculty of Economics and Business, University of Timor, IndonesiaDevelopment Economics Study Program, Faculty of Economics and Business, University of Timor, IndonesiaDevelopment Economics Study Program, Faculty of Economics and Business, University of Timor, IndonesiaDevelopment Economics Study Program, Faculty of Economics and Business, University of Timor, Indonesia This study examines the impact of financial literacy, technological innovation, government support, and subjective norms on the performance of Micro, Small, and Medium Enterprises (MSMEs) in the North Central Timor District (TTU)-Timor Leste Border Market. Furthermore, it seeks to identify appropriate strategies for enhancing MSME performance in this region. Both multiple linear regression analysis and descriptive analysis were employed as research methods. The study population included all MSMEs in the TTU District, totaling 693 entities. The researchers employed a purposive sampling technique based on the Slovin formula, selecting 80 respondents as research samples. The findings indicated that technological innovation, government support, and subjective norms significantly affect MSME performance in the TTU-Timor Leste Border Market. To improve the performance of MSMEs, various strategies can be implemented. These encompass the enhancement of financial literacy through training and mentoring programs, adopting e-commerce within the digital economy, and improving human resource quality and product standards. Other strategies include fostering partnerships among institutions, cultivating an investment-friendly bureaucracy, implementing product labeling, establishing legal business associations, and promoting motivation and self-confidence. https://online-journal.unja.ac.id/JES/article/view/23538Border marketsFinancial literacyGovernment supportMSME performanceSubjective normsTechnological innovation |
| spellingShingle | Margareta Diana Pangastuti Frederic Winston Nalle Bernadus Gawa Rado Adriana Kolo Determinants of performance improvement of Micro, Small, and Medium Enterprises (MSME) in the border market of North Timor Central District – Timor Leste Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Border markets Financial literacy Government support MSME performance Subjective norms Technological innovation |
| title | Determinants of performance improvement of Micro, Small, and Medium Enterprises (MSME) in the border market of North Timor Central District – Timor Leste |
| title_full | Determinants of performance improvement of Micro, Small, and Medium Enterprises (MSME) in the border market of North Timor Central District – Timor Leste |
| title_fullStr | Determinants of performance improvement of Micro, Small, and Medium Enterprises (MSME) in the border market of North Timor Central District – Timor Leste |
| title_full_unstemmed | Determinants of performance improvement of Micro, Small, and Medium Enterprises (MSME) in the border market of North Timor Central District – Timor Leste |
| title_short | Determinants of performance improvement of Micro, Small, and Medium Enterprises (MSME) in the border market of North Timor Central District – Timor Leste |
| title_sort | determinants of performance improvement of micro small and medium enterprises msme in the border market of north timor central district timor leste |
| topic | Border markets Financial literacy Government support MSME performance Subjective norms Technological innovation |
| url | https://online-journal.unja.ac.id/JES/article/view/23538 |
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