Does Covid 19 affect the income of Muslim entrepreneurs? Case study of culinary MSMEs in Surakarta

Purpose – This study aims to analyze the influence of sales turnover, business age, number of employees, operating hours, and Covid-19 on the income of Micro, Small and Medium Enterprises (MSMEs) in the culinary sector in the City of Surakarta, Central Java. Method – This study adopts a quantitativ...

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Main Authors: Farah Dewayanti, Ari Rudatin, Andika Ridha Ayu Perdana
Format: Article
Language:English
Published: Universitas Islam Indonesia 2024-03-01
Series:Review of Islamic Social Finance and Entrepreneurship
Subjects:
Online Access:https://103.220.113.119/RISFE/article/view/33372
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author Farah Dewayanti
Ari Rudatin
Andika Ridha Ayu Perdana
author_facet Farah Dewayanti
Ari Rudatin
Andika Ridha Ayu Perdana
author_sort Farah Dewayanti
collection DOAJ
description Purpose – This study aims to analyze the influence of sales turnover, business age, number of employees, operating hours, and Covid-19 on the income of Micro, Small and Medium Enterprises (MSMEs) in the culinary sector in the City of Surakarta, Central Java. Method – This study adopts a quantitative approach and uses primary data. Data were collected using a purposive random sampling technique. The analysis was performed using the E-Views method with multiple linear regression following the Mackinnon White and Davidson (MWD) model. The dependent variable is MSME income in the culinary sector, while the independent variables include sales turnover, business age, number of employees, operating hours, and the impact of Covid-19 Findings – The results show that sales turnover, number of employees, and the impact of Covid-19 have a positive influence on MSME income in the culinary sector of Surakarta City. However, business age and operating hours have a negative influence on MSME income. Implications – These findings have important implications for Muslim entrepreneurs striving for innovation in seizing opportunities during crises. The ability of Muslim entrepreneurs to utilize technology-based marketing can increase their income during crises. Technology makes indirect selling more accessible to MSMEs to increase income because the market reach is broader. Originality – This research differs from previous studies in terms of the research location, which is the city of Surakarta. The data used are primary data during the Covid-19 outbreak, and the respondents are Muslim entrepreneurs managing MSMEs in the city of Surakarta.
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spelling doaj-art-ac1adc1e54fb4a22abdaca43c5edea692025-02-08T08:56:59ZengUniversitas Islam IndonesiaReview of Islamic Social Finance and Entrepreneurship2963-847X2024-03-013110.20885/RISFE.vol3.iss1.art5Does Covid 19 affect the income of Muslim entrepreneurs? Case study of culinary MSMEs in SurakartaFarah Dewayanti0Ari Rudatin1Andika Ridha Ayu Perdana2Department of Economics, Faculty of Business and Economics, Indonesian Islamic University, Yogyakarta, IndonesiaDepartment of Economics, Faculty of Business and Economics, Indonesian Islamic University, Yogyakarta, IndonesiaDepartment of Econometrics, Statistics, and Applied Economics, Faculty of Economics and Business, Universitat de Barcelona, Spain Purpose – This study aims to analyze the influence of sales turnover, business age, number of employees, operating hours, and Covid-19 on the income of Micro, Small and Medium Enterprises (MSMEs) in the culinary sector in the City of Surakarta, Central Java. Method – This study adopts a quantitative approach and uses primary data. Data were collected using a purposive random sampling technique. The analysis was performed using the E-Views method with multiple linear regression following the Mackinnon White and Davidson (MWD) model. The dependent variable is MSME income in the culinary sector, while the independent variables include sales turnover, business age, number of employees, operating hours, and the impact of Covid-19 Findings – The results show that sales turnover, number of employees, and the impact of Covid-19 have a positive influence on MSME income in the culinary sector of Surakarta City. However, business age and operating hours have a negative influence on MSME income. Implications – These findings have important implications for Muslim entrepreneurs striving for innovation in seizing opportunities during crises. The ability of Muslim entrepreneurs to utilize technology-based marketing can increase their income during crises. Technology makes indirect selling more accessible to MSMEs to increase income because the market reach is broader. Originality – This research differs from previous studies in terms of the research location, which is the city of Surakarta. The data used are primary data during the Covid-19 outbreak, and the respondents are Muslim entrepreneurs managing MSMEs in the city of Surakarta. https://103.220.113.119/RISFE/article/view/33372Covir-19Muslim entrepreneurshipincome MSMEsSurakarta
spellingShingle Farah Dewayanti
Ari Rudatin
Andika Ridha Ayu Perdana
Does Covid 19 affect the income of Muslim entrepreneurs? Case study of culinary MSMEs in Surakarta
Review of Islamic Social Finance and Entrepreneurship
Covir-19
Muslim entrepreneurship
income MSMEs
Surakarta
title Does Covid 19 affect the income of Muslim entrepreneurs? Case study of culinary MSMEs in Surakarta
title_full Does Covid 19 affect the income of Muslim entrepreneurs? Case study of culinary MSMEs in Surakarta
title_fullStr Does Covid 19 affect the income of Muslim entrepreneurs? Case study of culinary MSMEs in Surakarta
title_full_unstemmed Does Covid 19 affect the income of Muslim entrepreneurs? Case study of culinary MSMEs in Surakarta
title_short Does Covid 19 affect the income of Muslim entrepreneurs? Case study of culinary MSMEs in Surakarta
title_sort does covid 19 affect the income of muslim entrepreneurs case study of culinary msmes in surakarta
topic Covir-19
Muslim entrepreneurship
income MSMEs
Surakarta
url https://103.220.113.119/RISFE/article/view/33372
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