STRATEGIES TO ENHANCE BUSINESS GROWTH THROUGH ENTREPRENEURIAL LEARNING

This study examines the effects of work experience, self-efficacy, and access to finance on business growth, with entrepreneurial learning as a mediating variable. It employs a quantitative approach with SEM-PLS methodology. It investigated 100 MSMEs in Subang Regency, Indonesia and conducted surve...

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Main Author: Prety Diawati
Format: Article
Language:Indonesian
Published: Sekolah Tinggi Ilmu Ekonomi Indonesia Surabaya 2024-12-01
Series:Ekuitas: Jurnal Ekonomi dan Keuangan
Subjects:
Online Access:https://ejournal.stiesia.ac.id/ekuitas/article/view/6841
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author Prety Diawati
author_facet Prety Diawati
author_sort Prety Diawati
collection DOAJ
description This study examines the effects of work experience, self-efficacy, and access to finance on business growth, with entrepreneurial learning as a mediating variable. It employs a quantitative approach with SEM-PLS methodology. It investigated 100 MSMEs in Subang Regency, Indonesia and conducted surveys via online questionnaires. As a result, this study indicates that work experience, self-efficacy, and access to finance significantly impact MSME business growth through entrepreneurial learning. Entrepreneurs with more diverse and relevant work experience are better in absorbing and applying new knowledge, and driving business growth. Their high self-efficacy boosts participation in training and the application of new skills, leading to income growth, market expansion, and employee increases. This study also presents the importance of developing entrepreneurial training programs that cater to MSMEs’ specific needs, considering work experience and self-efficacy levels. Furthermore, this study highlights the need for the government and financial institutions to improve MSMEs' access to finance, such as by expanding the People's Business Credit (KUR) and offering other supportive measures to help entrepreneurs invest in learning and business development.
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institution DOAJ
issn 2548-298X
2548-5024
language Indonesian
publishDate 2024-12-01
publisher Sekolah Tinggi Ilmu Ekonomi Indonesia Surabaya
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series Ekuitas: Jurnal Ekonomi dan Keuangan
spelling doaj-art-75bf73bb5d7b45be9400e514af05ec092025-08-20T03:03:29ZindSekolah Tinggi Ilmu Ekonomi Indonesia SurabayaEkuitas: Jurnal Ekonomi dan Keuangan2548-298X2548-50242024-12-018410.24034/j25485024.y2024.v8.i4.6841STRATEGIES TO ENHANCE BUSINESS GROWTH THROUGH ENTREPRENEURIAL LEARNINGPrety Diawati0Universitas Logistik dan Bisnis Internasional Bandung This study examines the effects of work experience, self-efficacy, and access to finance on business growth, with entrepreneurial learning as a mediating variable. It employs a quantitative approach with SEM-PLS methodology. It investigated 100 MSMEs in Subang Regency, Indonesia and conducted surveys via online questionnaires. As a result, this study indicates that work experience, self-efficacy, and access to finance significantly impact MSME business growth through entrepreneurial learning. Entrepreneurs with more diverse and relevant work experience are better in absorbing and applying new knowledge, and driving business growth. Their high self-efficacy boosts participation in training and the application of new skills, leading to income growth, market expansion, and employee increases. This study also presents the importance of developing entrepreneurial training programs that cater to MSMEs’ specific needs, considering work experience and self-efficacy levels. Furthermore, this study highlights the need for the government and financial institutions to improve MSMEs' access to finance, such as by expanding the People's Business Credit (KUR) and offering other supportive measures to help entrepreneurs invest in learning and business development. https://ejournal.stiesia.ac.id/ekuitas/article/view/6841work experienceself-efficacyfinancing accessentrepreneurial learningbusiness growth
spellingShingle Prety Diawati
STRATEGIES TO ENHANCE BUSINESS GROWTH THROUGH ENTREPRENEURIAL LEARNING
Ekuitas: Jurnal Ekonomi dan Keuangan
work experience
self-efficacy
financing access
entrepreneurial learning
business growth
title STRATEGIES TO ENHANCE BUSINESS GROWTH THROUGH ENTREPRENEURIAL LEARNING
title_full STRATEGIES TO ENHANCE BUSINESS GROWTH THROUGH ENTREPRENEURIAL LEARNING
title_fullStr STRATEGIES TO ENHANCE BUSINESS GROWTH THROUGH ENTREPRENEURIAL LEARNING
title_full_unstemmed STRATEGIES TO ENHANCE BUSINESS GROWTH THROUGH ENTREPRENEURIAL LEARNING
title_short STRATEGIES TO ENHANCE BUSINESS GROWTH THROUGH ENTREPRENEURIAL LEARNING
title_sort strategies to enhance business growth through entrepreneurial learning
topic work experience
self-efficacy
financing access
entrepreneurial learning
business growth
url https://ejournal.stiesia.ac.id/ekuitas/article/view/6841
work_keys_str_mv AT pretydiawati strategiestoenhancebusinessgrowththroughentrepreneuriallearning