Conceptual Framework of Factors Affecting SME Development: Moderating Factor on the Relationship between Determinant Factors Selection and Performance of SMEs in Indonesia

  • Dede Ansyari Guci UNIVERSITAS PRIMA INDONESIA https://orcid.org/0000-0003-0522-1358
  • Puspa Liza Ghazali Faculty of Business and Management, Universiti Sultan Zainal Abidin, Kuala Nerus, Terengganu, Malaysia
  • Nik Hazimi Mohd Foziah Faculty of Business and Management, Universiti Sultan Zainal Abidin, Kuala Nerus, Terengganu, Malaysia
  • Juliana Arifin Faculty of Business and Management, Universiti Sultan Zainal Abidin, Kuala Nerus, Terengganu, Malaysia
Keywords: Government Support, Training, Digtal Marketing, Financial Capital, and SMEs Performance.

Abstract

Just a little part of SMEs are fruitful in accomplishing remarkable execution and maintainable development, The writing shows that there is as yet a hole for powerful approaches to expand the size of that division. This paper expects to contribute in filling the hole by distinguishing factors influencing SME execution and, subsequently, their turn of events; and to build up a reasonable system clarifying their connections. The writing uncovers that despite the fact that there is positive connection between government support, training, digital marketing, financial capital and SMEs performance, the relationship is as yet uncertain; proposing that there are mediating develops between the five builds. Field perceptions and writing surveys propose a second-request develops serving directing parts between government support, training, digital marketing, financial capital and SMEs performance that may explain the relationship, i.e., risk control. Albeit the connections among the six builds have been broadly concentrated in the surviving writing, this paper is one of only a handful few endeavors, assuming any, in researching the six develops in an extensive structure as a reason for additional examinations. On the off chance that exactly upheld, the proposed system may give a powerful option in helping business people and SMEs players to build up their venture all the more viably.

Downloads

Download data is not yet available.

References

Alois Wisnuhardana. (2016). Jatuh Bangun dalam Berwirausaha. Primagama Press. Bandung.

Apung, S. (2014). Strategi Bisnis Komprehensif Melawan Krisis. Jurnal IKRA-ITH Ekonomika, 4(1), 45–47.

Carpenter, R. E., & Petersen, B. C. (2002). Is the Growth of Small and Medium Enterprises Constrained by Internal Finance?. Review of Economics and Statistics, 84(2), 298-309.

Dess, G., & Roinson, R. (1984). Measuring Organizational Performance in the Absence of Objective Measures: The Case of the Privately-Held Firm and Conglomerate Business Units. Strategic Management Journal, 5(3), 265-273.

Dwi Nova Syafitri. (2017). Peluang dan Resiko Bisnis Digital Marketing. Alphabet Press. Jakarta.

Fulmer, Jeffrey. (2009). What in the World is Infrastructure. PEI Infrastructure Investor, 30-32.

Guci, D. A., & Ghazali, P. L., (2017). Analyze of Relationship between Government Support, Experience, Attitude towards Business and Woman Entrepreneurs Performance of Micro Enterprise. World Applied Science Journal, 35(9), 1869-1873. https://doi.org/10.5829/idosi.wasj.2017.1869.1873

Heilbrunn, S., Rozenes, S., & Vitner, G. (2011). An Idea Based Taxonomy to Map Successful SMEs. International Journal of Business and Social Science, 2, 232–241.

Leitner, K., & Guldenberg, S. (2010). Generic Strategies and SME Performance: A Longitudinal Study of Austrian SMEs. Small Business Economy, 35, 169-189.

Li, Y., Huang, J., & Tsai, M. (2009). Entrepreneurial Orientation and SMEs Performance: The Role of Knowledge Creation Press. Industrial Marketing Management, 38, 440–449.

Miller, D., & Toulose, J. (1986a). Chief Executive Personality and Corporate Strategy and Structure in Small Enterprises. Management Science, 32(11), 1389–1409.

Miller, D., & Toulose, J. (1986b). Strategy, Structure, CEO Personality and Performance in Small Enterprises. American Journal of Small Business, 10, 47–62.

Nichter, S., & Goldmark, L. (2009). Small Enterprises Growth in Developing Countries. World Development, 37(9), 1453–1464.

Pretorius, M., & Shaw, G. (2004). Business Plans in Bank Decision-Making When Financing New Ventures in South Africa. South African Journal of Economic and Management Sciences, 7(2), p-221.

Sanabila, (2015). The Theory of Risk Control and Insurance, Erlangga Press, Jakarta.

Sullivan, A., & Steven, M. S. (2003). The Economic Crisis Lessons of Transportation Companies by Labour Productivity in Baltic and Central and Eastern Europe Countries. Journal of Behavioural Economics, Finance, Entrepreneurship, Accounting and Transport, 2(4), 94–103. https://doi.org/10.12691/jbe-2-4-3

Al-Khazali, O., Bouri, E., Roubaud, D., &Zoubi, T. (2017). International Review of Financial Analysis The impact of religious practice on stock returns and volatility. International Review of Financial Analysis, 52, 172–189. https://doi.org/10.1016/j.irfa.2017.04.009

Published
2021-05-10
How to Cite
Guci, D. A., Ghazali, P. L., Mohd Foziah, N. H., & Arifin, J. (2021). Conceptual Framework of Factors Affecting SME Development: Moderating Factor on the Relationship between Determinant Factors Selection and Performance of SMEs in Indonesia. The Journal of Management Theory and Practice (JMTP), 2(2), 36-38. https://doi.org/10.37231/jmtp.2021.2.2.107
Section
Marketing & Management