How Can Business Success Affected By Entrepreneurial Competence?

Ulfha Ramadhani, Hari Mulyadi

Abstract


Entrepreneurial competence plays a crucial role in the success of business endeavors. Effectively managing a business requires essential abilities and skills from entrepreneurs, which are crucial for achieving efficiency and ultimately reaching a state of success. The quality of entrepreneurial competence also has a positive impact on the performance of small and medium enterprises (SMEs), especially during economic crises. This study aims to investigate the influence of entrepreneurial competence on business success, focusing on three dimensions: strategic, commitment, & organizing. The research conducted is descriptive and verification in nature. The study involved 113 groups of female farmers involved in ground coffee production in West Lampung. Two stages of testing were conducted, including validity and reliability tests, and path analysis was employed for data analysis. The findings of the study indicate that the dimensions of entrepreneurial competence significantly influence business success.

Full Text:

PDF

References


Adeyinka-Ojo, S., Sajilan, S., & Tehseen, S. (2016). A Conceptual Framework Of The Impact Of Entrepreneurial Competencies On Small And Medium Enterprises Business Performance In The Malaysian A Conceptual Framework Of The Impact Of Entrepreneurial Competencies On Small And Medium Enterprises Business Perfor. 5(May 2017), 45–61.

Ahmad, N. H., Wilson, C., & Kummerow, L. (2011). Assessing The Dimensionality Of Business Success : The Perspectives Of Malaysian SME Owner-Managers. Journal Ofasia-Pacific Business, 12, 207–224, doi:10.1080/10599231.2011.586855.

Almeida, F., & Buzady, Z. (2019). Assessment Of Entrepreneurship Competencies Through The Use Of Fligby. Digital Education Review, 35, 151–169.

Central Bureau of Statistics (2021).

Chen, M. (2018). Typology Of Creative Entrepreneurs And Entrepreneurial Success. Journal Of Enterprising Communities: People And Places In The Global Economy, 12. doi:10.1108/JEC-07-2017-0041.

Chittithaworn, C. (2011). Factors Affecting Business Success Of Small & Medium Enterprises ( Smes ) In Thailand. Asian Social Science, 7(5), 180–190. doi:10.5539/Ass.V7n5p180.

Darroch, J. (2005). Knowledge Management , Innovation And Firm Performance. Journal Of Knowledge Management, 9(3), 101–115, doi: 10.1108/13673270510602809.

Fazal, S. A., Mamun, A. Al, Ahmad, G. Bin, & Masud, M. M. (2019). Entrepreneurs’ Competencies And Competitive Advantages: A Study On Malaysian Microenterprises. Global Business Review. doi:10.1177/0972150919854937.

Gwadabe, U. M., & Amirah, N. A. (2017). Entrepreneurial Competencies : Smes Performance Factor In The Challenging Nigerian Economy. Academic Journal Of Economic Studies, 4(4), 55–61.

Gyimah, K. N., Owiredu, A., & Antwi, F. (2020). Effects Of Entrepreneurial Trait On The Success Of Small And Medium Scale Enterprises : The Ghanaian Perspective. Journal Of Asian Finance, Economics And Business, 9(03), 7177–7187. doi:10.13106/Jafeb.2021.Vol8.No5.0689.

Henita, A., & Erlina, R. (2013). Strategi Pengembangan Agroindustri Kopi Bubuk Berbasis Kelompok Wanita Tani Di Pekon Padang Cahya Kecamatan Balik Bukit Kabupaten Lampung Barat. 03(03), 226–236.

Hern, Y. G., Francisco, J., & Galvis, R. (2021). Innovation And Patents As A Business Success Factor. Journal Of Economics, Finance And Administrative Science, 26(51), 143–159. doi:10.1108/Jefas-09-2019-0218.

Hornaday, J. A., & Aboud, J. (1971). Characteristics Of Successful Entrepreneurs. Personnel Psychology, 24(2), 141–153.doi:10.1111/J.1744-6570.1971.Tb02469.X.

Hui Lim, C., & Ban Teoh, K. (2021). Factors Influencing The Sme Business Success In Malaysia. Annals Of Human Resource Management Research, 1(1), 41–54, doi: 10.35912/Ahrmr.V1i1.380.

Industry & Trade SME Cooperative Office of West Lampung Regency (2021).

Jemal, S. (2021). Effect Of Entrepreneurial Mindset And Entrepreneurial Competence On Performance Of Small And Medium Enterprise, Evidence From Litrature Review. International Journal Of Management & Entrepreneurship Research, 2(7), 476–491. doi:10.51594/Ijmer.V2i7.197.

Khyareh, M. M., & Rostami, N. (2018). Competitiveness And Entrepreneurship, And Their Effects On Economic Growth. International Journal Of Management, Accounting And Economics, 5(10), 833–848. Www.Ijmae.Com

Kiggundu, M. N., & Devine, R. A. (2016). Entrepreneurship In Africa : Identifying The Frontier Of Impactful Research. Africa Journal Of Management, 0(0), 1–32. doi:10.1080/23322373.2016.1206802.

Kiyabo, K. (2020). Entrepreneurial Orientation , Competitive Advantage , And Smes ’ Performance : Application Of Firm Growth And Personal Wealth Measures. Journal Of Innovation And Entrepreneurship, 7, 1–15. doi:10.1186/S13731-020-00123-7.

Klimas, P., Czakon, W., Kraus, S., Kailer, N., & Maalaoui, A. (2021). Entrepreneurial Failure : A Synthesis And Conceptual Framework Of Its Effects. European Management Review, 18, 167–182. doi:10.1111/Emre.12426.

Lampadarios, E., Kyriakidou, N., & Smith, G. (2017). Towards A New Framework For Smes Success: A Literature Review. Journal Of Business And Globalisation, 18, 194–232.

Luis-Rico, I., Escolar-Llamazares, M. C., De La Torre-Cruz, T., Jiménez, A., Herrero, Ã., Palmero-Cámara, C., & Jiménez-Eguizábal, A. (2020). Entrepreneurial Interest And Entrepreneurial Competence Among Spanish Youth: An Analysis With Artificial Neural Networks. Sustainability (Switzerland), 12(4). doi:10.3390/Su12041351.

Lyle M Spencer, & Spencer, S. M. (1993). Competence At Work: Models For Superior Performance 1st Edition. Wiley.

Nguyen, L. (2018). The Effect of Internal and External Factors on the Business Success of Agri-based Exporting Small and Medium Scale Enterprises in Thanh Hoa Province , Vietnam. Journal of Finance and Economics, 6(3), 87–95. doi:10.12691/jfe-6-3-2.

Nurdiana, F., & Dwi, W. (2022). Analisis Usahatani Kopi Rakyat ( Coffea Sp .) Di Kecamatan Sukorambi Kabupaten Jember. 1(3), 393–401.

Oyedele, M., & Margaret, K. (2014). On Entrepreneurial Success Of Small And Medium Enterprises ( Smes ): A Conceptual And Theoretical Framework. Journal Of Economics And Sustainable Development, 5(16), 14–24.

Qamariah, I., & Muchtar, Y. C. (2021). The Impact of Human Capital and Social Capital on the Recognition of Entrepreneurial Opportunities for Women SMEs Entrepreneurs in Medan. Journal of International Conference Proceedings (JICP), 4(3), 724–735.

Sajilan, S., & Tehseen, S. (2019). Network Competence And Firm Performance : The Mediating Role Of Entrepreneurial Innovativeness Among Malaysian Chinese Entrepreneurs Of Wholesale Businesses. Asian Academy Of Management Journal, 24(March), 187–201. doi:10.21315/Aamj2019.24.S1.13.

Siswanti, Y., Susanto, J., & Nurhariati, E. (2021). The Role of Adversity Intelligence in Moderating the Influence of Individual Motivation on Entrepreneurial Success. Journal of International Conference Proceedings (JICP) Vol., 4(3), 612–620.

Takwi, F., Bate, B. E., Akosso, V. N., & Sharon, B. (2020). Entrepreneurship And Small Business Management : Critical Success Factors Of Entrepreneurs And Small Business Managers. International Journal Of Academic Research In Business And Social Sciences, 10(October), 488–503. doi:10.6007/Ijarbss/V10-I10/7650.

Tehseen, S., Johara, F., Halbusi, H. Al, Islam, M. A., & Fattah, F. A. M. A. (2021). Measuring Dimensions Of Perceived Business Success Among Malaysian And Bangladeshi SME Owners. Rajagiri Management Journal. doi:10.1108/RAMJ-05-2021-0045.

Umar, A., Mohd, C., Che, Z., Sahandri, M., Hamzah, G., & Hashim, A. (2018). The Mediating Effect Of Innovation On Entrepreneurial Competencies And Business Success In Malaysian Smes. International Business Research, 11(8), 142–153. doi:10.5539/Ibr.V11n8p142.

Veluchamy, R., & Thangaraj, V. (2019). Entrepreneurial Competencies Impact On Business Success : The Moderating Role Of Business Environment Factors. International Journal Of Engineering, 54(3), 205–211.

Veronika, & Yustinus. (2022). Impact Of Entrepreneurial Self-Efficacy And Entrepreneurial Motivation On Micro And Small Business Success. Journal Economies MDPI, 10(10). doi:10.3390/ Economies10010010.

West Lampung Regency Industry & Trade SME Cooperative Office (2019, 2020, & 2021).

Yang, R., Meyskens, M., Zheng, C., & Hu, L. (2015). Social Entrepreneurial Intentions China Versus The USA – Is There A Difference ? ENTREPRENEURSHIP AND INNOVATION, 16(4), 253–267. doi:10.5367/Ijei.2015.0199.

Yani, A., Eliyana, A., Hamidah, Sudiarditha, I. K. R., & Buchdadi, A. D. (2020). The Impact Of Social Capital, Entrepreneurial Competence On Business Performance: An Empirical Study Of Smes. Systematic Reviews In Pharmacy, 11(9), 779–787. doi:10.31838/Srp.2020.9.110.

Yustian, O. R., Furqon, C., & Hendrayati, H. (2021). The Mediating Role Of Competitiveness Between Entrepreneurial Competence And Business Success. Management Science Letters, 11, 93–100. doi:10.5267/J.Msl.2020.8.026.




DOI: https://doi.org/10.32535/jicp.v6i1.2405

Refbacks

  • There are currently no refbacks.


Copyright (c) 2023 Ulfha Ramadhani, Hari Mulyadi

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Flag Counter

Published by:

AIBPM Publisher

Editorial Office:

JL. Kahuripan No. 9 Hotel Sahid Montana, Malang, Indonesia
Phone:+62 341 366222
Email: journal.jicp@gmail.com
Website:http://ejournal.aibpmjournals.com/index.php/JICP

Supported by: Association of International Business & Professional Management

If you are interested to get the journal subscription you can contact us at admin@aibpm.org.

ISSN 2622-0989 (Print)
ISSN 2621-993X (Online)

DOI:Prefix 10.32535 by CrossREF

Journal of International Conference Proceedings (JICP) INDEXED:

 

In Process


This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.