PENGARUH ORIENTASI KEWIRAUSAHAAN DAN AKSES KEUANGAN TERHADAP KINERJA USAHA

Authors

  • Muchammad Rizki Agung Putra Brawijaya University
  • Nila Firdausi Nuzula Brawijaya University
  • Muhammad Khalid Mawardi Brawijaya University

DOI:

https://doi.org/10.21776/ub.profit.2021.015.01.9

Keywords:

Entrepreneurial orientation, Financial acces, business performance, small and medium enterprises (SME)

Abstract

This study attempts to explain the influence of orientation entrepreneurship and financial access on their performance. Business research by analyzing the effectiveness of the KUR program bri given to the offender SME’s in Blitar East Java. With a technique, the sample collection non-probability in random proportionate, with the data was path analysis. The result showed that orientation entrepreneurship positive effect on access to finance, entrepreneurial orientation also has a relationship significantly to the performance of businesses either directly or indirectly financial access addition, financial access to depend on the performance of business.

References

Arikunto, S. (2012). Prosedur Penelitian : Suatu Pendekatan Praktik (Edisi Revisi). In Rineka Cipta.

Baker, W. E., & Sinkula, J. M. (2009). The complementary effects of market orientation and entrepreneurial orientation on profitability in small businesses. Journal of Small Business Management. https://doi.org/10.1111/j.1540-627X.2009.00278.x

Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management. https://doi.org/10.1177/014920639101700108

Depkop. (2018). Perkembangan Data Usaha Mikro , Kecil , Menengah Dan Usaha Besar. Www.Depkop.Go.Id.

Eton, M. (2019). Credit Financing and Performance of SMEs in Lira Municipality , Uganda Credit Financing and Performance of SMEs in Lira Municipality , Uganda. 8(January), 121–127.

Fatoki, O. (2012). The Impact of Entrepreneurial Orientation on Access to Debt Finance and Performance of Small and Medium Enterprises in South Africa. Journal of Social Sciences. https://doi.org/10.1080/09718923.2012.11893058

Frank, H., Kessler, A., & Fink, M. (2010). Entrepreneurial Orientation and Business Performance — A Replication Study. Schmalenbach Business Review. https://doi.org/10.1007/bf03396804

Ghozali, I. (2011). Moderated Structural Equation Modeling. In Model persamaan struktural. Konsep dan aplikasi dengan program AMOS 19.0.

Hadlock, C. J., & James, C. M. (2002). Do banks provide financial slack? Journal of Finance. https://doi.org/10.1111/1540-6261.00464

Hartono, H., & Hartomo, D. D. (2016). FAKTOR-FAKTOR YANG MEMPENGARUHI PERKEMBANGAN UMKM DI SURAKARTA. Jurnal Bisnis Dan Manajemen. https://doi.org/10.20961/jbm.v14i1.2678

Huang, S. K., & Wang, Y. L. (2011). Entrepreneurial orientation, learning orientation, and innovation in small and medium enterprises. Procedia - Social and Behavioral Sciences, 24, 563–570. https://doi.org/10.1016/j.sbspro.2011.09.004

Jimenéz-jimenéz, D., Martínez-costa, M., & Sanz-valle, R. (2013). Innovation, organizational learning orientation and reverse knowledge transfer in multinational companies. Electronic Journal of Knowledge Management.

Khotimah, K. (2013). F utur E :PANDANGAN BERBASIS SUMBER DAYA (RBV) DALAM PEMBAHASAN ORGANISASI EKONOMI. : : Jurnal Manajemen Dan Akuntansi.

Kotler, P., & Keller, K. L. (2009). Marketing management (13th ed.). In Prentice Hall.

Kundid, A., & Ercegovac, R. (011). Credit rationing in financial distress: Croatia SMEs’ finance approach. International Journal of Law and Management. https://doi.org/10.1108/17542431111111890

Liu, Y., Fujiwara, K., Jinushi, T., & Yamori, N. (2016). How Should Banks Support SMEs to Manage Funding Risks in China? The Role of Relationship Banking. In Risk Management in Emerging Markets. https://doi.org/10.1108/978-1-78635-452-520161025

Lumpkin, G. T., & Dess, G. G. (1996). Clarifying the entrepreneurial orientation construct and linking it to performance. Academy of Management Review. https://doi.org/10.5465/AMR.1996.9602161568

Mason, M. C., Floreani, J., Miani, S., Beltrame, F., & Cappelletto, R. (2015). Understanding the Impact of Entrepreneurial Orientation on Smes’ Performance. the Role of the Financing Structure. Procedia Economics and Finance, 23(October 2014), 1649–1661. https://doi.org/10.1016/s2212-5671(15)00470-0

McDermott, C. M., & Prajogo, D. I. (2012). Service innovation and performance in SMEs. International Journal of Operations and Production Management, 32(2), 216–237. https://doi.org/10.1108/01443571211208632

Miller, W. L. (2001). Innovation for business growth. Research Technology Management. https://doi.org/10.1080/08956308.2001.11671451

Morris, M., & Lewis, P. (1995). The determinants of entrepreneurial activity: Implications for marketing. European Journal of Marketing. https://doi.org/10.1108/03090569510094991

Narver, J. C., & Slater, S. F. (1990). The Effect of a Market Orientation on Business Profitability. Journal of Marketing. https://doi.org/10.2307/1251757

Nazir, M. (2005). Metode Penelitian, Ghalia Indonesia. Nuraini R, EKa.

Negash, M. (2002). Corporate tax and capital structure: some evidence and implications. Investment Analysts Journal. https://doi.org/10.1080/10293523.2002.11082439

Owusu, J., Hassan, M., Ismail, M. B., & Latif, A. A. B. A. (2017). A Conceptual Framework for Financing SME Growth in Ghana. European Journal of Business and Management.

Parkman, I. D., Holloway, S. S., & Sebastiao, H. (2012). Creative industries: Aligning entrepreneurial orientation and innovation capacity. Journal of Research in Marketing and Entrepreneurship, 14(1), 95–114. https://doi.org/10.1108/14715201211246823

Rodríguez-Gutiérrez, M. J., Moreno, P., & Tejada, P. (2015). Entrepreneurial orientation and performance of SMEs in the services industry. Journal of Organizational Change Management. https://doi.org/10.1108/JOCM-01-2015-0020

Rosenbusch, N., Brinckmann, J., & Bausch, A. (2011). Is innovation always beneficial? A meta-analysis of the relationship between innovation and performance in SMEs. Journal of Business Venturing, 26(4), 441–457. https://doi.org/10.1016/j.jbusvent.2009.12.002

Sahoo, S., & Yadav, S. (2017). Entrepreneural orientation of SMEs, total quality management and firm performance. Journal of Manufacturing Technology Management. https://doi.org/10.1108/JMTM-04-2017-0064

Schumpeter, J., & Backhaus, U. (2006). The Theory of Economic Development. n Joseph Alois Schumpeter. https://doi.org/10.1007/0-306-48082-4_3

Sekaran, U., & Bougie. (2017). Metode Penelitian untuk Bisnis Pendekatan Pengembangan-Keahlian. In Metode Penelitian untuk Bisnis Pendekatan Pengembangan-Keahlian.

Singarimbun, M. (2006). sofian Effendi. In Metode Penelitian Survai.

Sugiyono, P. D. (2010). Metode Penelitian Bisnis. Pendekatan Kuantitatif, kualitatif dan R & D. In Bandung: Alfabeta.

Swierczek, F. W., & Ha, T. T. (2003). Entrepreneurial Orientation, Uncertainty Avoidance and Firm Performance: An Analysis of Thai and Vietnamese SMEs. Entrepreneurial Orientation, Uncertainty Avoidance and Firm Performance: An Analysis of Thai and Vietnamese SMEs. https://doi.org/10.5367/000000003101299393

Terziovski, M. (2010). Research notes and commentaries innovation practice and its performance implications in small and medium enterprises (SMEs) in the manufacturing sector: A resource-based view. In Strategic Management Journal. https://doi.org/10.1002/smj.841

Undang-Undang No. 20 Tahun 2008. (2008). Tentang: Usaha,Mikro,Kecil dan Menengah. Sekretariat Negara. Jakarta.

Vaznyte, E., & Andries, P. (2019). Entrepreneurial orientation and start-ups’ external financing. Journal of Business Venturing, 34(3), 439–458. https://doi.org/10.1016/j.jbusvent.2019.01.006

Weerawardena, J. (2003). Exploring the role of market learning capability in competitive strategy. European Journal of Marketing. https://doi.org/10.1108/03090560310459023

Yeh-Yun Lin, C., & Yi-Ching Chen, M. (2007). Does innovation lead to performance? An empirical study of SMEs in Taiwan. Management Research News. https://doi.org/10.1108/01409170710722955

Zulkiffli, S. N. ’Atikah, & Perera, N. (2012). A Literature Analysis on Business Performance for SMEs: Subjective or Objective Measures? SSRN Electronic Journal. https://doi.org/10.2139/ssrn.1867874

Downloads

Published

2021-01-28