2024_Influencing Factors of Youthpreneurs In Utilising Islamic Financial Technology Financing In Indonesia
| Format: | General Document |
|---|
| _version_ | 1860798294949625856 |
|---|---|
| building | INTELEK Repository |
| collection | Online Access |
| collectionurl | https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection3 |
| copyright | Copyright©PWB2025 |
| country | Malaysia |
| date | 2024-10-30 02:46 |
| format | General Document |
| id | 16919 |
| institution | UniSZA |
| originalfilename | INFLUENCING FACTORS OF YOUTHPRENEURS IN UTILISING ISLAMIC FINANCIAL TECHNOLOGY FINANCING IN INDONESIA (MASTER_2024).pdf |
| person | Abdurrahman Mansyur |
| recordtype | oai_dc |
| resourceurl | https://intelek.unisza.edu.my/intelek/pages/view.php?ref=16919 |
| sourcemedia | Server storage Scanned document |
| spelling | 16919 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=16919 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection3 General Document Malaysia Library Staff (Top Management) Library Staff (Management) Library Staff (Support) Terengganu Faculty of Islamic Contemporary Studies English application/pdf 1.5 www.ilovepdf.com Server storage Scanned document Universiti Sultan Zainal Abidin UniSZA Library Access Universiti Sultan Zainal Abidin 171 Copyright©PWB2025 Indonesia Dissertations, Academic 2024_Influencing Factors of Youthpreneurs In Utilising Islamic Financial Technology Financing In Indonesia Abdurrahman Mansyur Youthpreneurs Islamic Financial Technology Financing Business enterprises—Finance—Religious aspects—Islam Finance—Indonesia—Religious aspects—Islam Financial technology—Indonesia Entrepreneurship—Indonesia 2024-10-30 02:46 uuid:f902d160-64df-4385-9cde-f35146d30d09 INFLUENCING FACTORS OF YOUTHPRENEURS IN UTILISING ISLAMIC FINANCIAL TECHNOLOGY FINANCING IN INDONESIA (MASTER_2024).pdf Access to financial institutions is one of the primary challenges faced by entrepreneurs, particularly young entrepreneurs in Indonesia. These young entrepreneurs often lack the collateral, credit history, and financial records required by mainstream financial institutions, making it difficult to secure funding. Despite 146 fintech companies offering funding services in Indonesia, only 5,599,096 users from the MSME sector were reached as of December 2022. Additionally, data from the Financial Services Authority reveal that the majority of active fintech users are concentrated on Java Island, with only one-fifth of all users located outside Java. This study aims to determine the factors influencing the intention to adopt fintech among young entrepreneurs in Indonesia. A quantitative approach was employed, with the population consisting of young entrepreneurs across the country. The sample was selected using a purposive sampling method. The research instrument was adapted from several previous studies, ensuring high validity and reliability. A total of 330 questionnaires were distributed online to respondents, and the data were analysed using the Partial Least Squares Structural Equation Modelling (PLS-SEM) technique with WarpPLS 7.0 software. The findings of this study indicate that performance expectancy, effort expectancy, social influence, facilitating conditions, and price value have a positive and significant effect on the behavioural intention of young entrepreneurs to adopt fintech. Conversely, Islamic financial literacy does not show a significant influence on behavioural intention. This lack of impact from Islamic financial literacy may be attributed to the low overall level of Islamic financial literacy in Indonesia, which stands at only 9.14%. Given this context, many young entrepreneurs might not fully comprehend or prioritise Islamic financial principles when considering fintech options, focusing instead on more immediate and practical concerns such as ease of use, social influence, and cost. The results underscore the importance of performance expectancy as the most significant predictor of behavioural intention to adopt fintech, highlighting that young entrepreneurs are more likely to adopt fintech solutions that promise improved business performance. The study's structural model demonstrates a reliable prediction of fintech adoption among young entrepreneurs. These findings have implications for policy and strategy. The government could leverage these insights to formulate targeted strategies that enhance digital Islamic financial inclusion and literacy across Indonesia. Furthermore, this research offers valuable insights for academics seeking to develop new financial technology acceptance models. It also suggests the need to integrate discussions on Islamic financial literacy into educational curricula, ensuring that future entrepreneurs are better equipped to navigate the evolving financial landscape. Thesis |
| spellingShingle | 2024_Influencing Factors of Youthpreneurs In Utilising Islamic Financial Technology Financing In Indonesia |
| state | Terengganu |
| subject | Dissertations, Academic Business enterprises—Finance—Religious aspects—Islam Finance—Indonesia—Religious aspects—Islam Financial technology—Indonesia Entrepreneurship—Indonesia |
| summary | Access to financial institutions is one of the primary challenges faced by entrepreneurs, particularly young entrepreneurs in Indonesia. These young entrepreneurs often lack the collateral, credit history, and financial records required by mainstream financial institutions, making it difficult to secure funding. Despite 146 fintech companies offering funding services in Indonesia, only 5,599,096 users from the MSME sector were reached as of December 2022. Additionally, data from the Financial Services Authority reveal that the majority of active fintech users are concentrated on Java Island, with only one-fifth of all users located outside Java. This study aims to determine the factors influencing the intention to adopt fintech among young entrepreneurs in Indonesia. A quantitative approach was employed, with the population consisting of young entrepreneurs across the country. The sample was selected using a purposive sampling method. The research instrument was adapted from several previous studies, ensuring high validity and reliability. A total of 330 questionnaires were distributed online to respondents, and the data were analysed using the Partial Least Squares Structural Equation Modelling (PLS-SEM) technique with WarpPLS 7.0 software. The findings of this study indicate that performance expectancy, effort expectancy, social influence, facilitating conditions, and price value have a positive and significant effect on the behavioural intention of young entrepreneurs to adopt fintech. Conversely, Islamic financial literacy does not show a significant influence on behavioural intention. This lack of impact from Islamic financial literacy may be attributed to the low overall level of Islamic financial literacy in Indonesia, which stands at only 9.14%. Given this context, many young entrepreneurs might not fully comprehend or prioritise Islamic financial principles when considering fintech options, focusing instead on more immediate and practical concerns such as ease of use, social influence, and cost. The results underscore the importance of performance expectancy as the most significant predictor of behavioural intention to adopt fintech, highlighting that young entrepreneurs are more likely to adopt fintech solutions that promise improved business performance. The study's structural model demonstrates a reliable prediction of fintech adoption among young entrepreneurs. These findings have implications for policy and strategy. The government could leverage these insights to formulate targeted strategies that enhance digital Islamic financial inclusion and literacy across Indonesia. Furthermore, this research offers valuable insights for academics seeking to develop new financial technology acceptance models. It also suggests the need to integrate discussions on Islamic financial literacy into educational curricula, ensuring that future entrepreneurs are better equipped to navigate the evolving financial landscape. |
| title | 2024_Influencing Factors of Youthpreneurs In Utilising Islamic Financial Technology Financing In Indonesia |
| title_full | 2024_Influencing Factors of Youthpreneurs In Utilising Islamic Financial Technology Financing In Indonesia |
| title_fullStr | 2024_Influencing Factors of Youthpreneurs In Utilising Islamic Financial Technology Financing In Indonesia |
| title_full_unstemmed | 2024_Influencing Factors of Youthpreneurs In Utilising Islamic Financial Technology Financing In Indonesia |
| title_short | 2024_Influencing Factors of Youthpreneurs In Utilising Islamic Financial Technology Financing In Indonesia |
| title_sort | 2024_influencing factors of youthpreneurs in utilising islamic financial technology financing in indonesia |