Factors of entrepreneurial business success: towards resilient and competitive entrepreneurs in the post covid-19 pandemic era

The COVID-19 pandemic has tremendously affected the economy, business, and human life, especially for micro entrepreneurs in the low-income bracket. In fact, many have yet to achieve success in the aftermath of the pandemic. Drawing from Social Cognitive Theory and existing literature, this study...

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Main Authors: Maheran Zakaria, Indrawati Yuhertiana, Dedi Muhammad Siddiq, Dwi Suhartini, Rabaatul Azira Hassan
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2024
Online Access:http://journalarticle.ukm.my/23906/
http://journalarticle.ukm.my/23906/1/Pengurusan_70_5.pdf
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author Maheran Zakaria,
Indrawati Yuhertiana,
Dedi Muhammad Siddiq,
Dwi Suhartini,
Rabaatul Azira Hassan,
author_facet Maheran Zakaria,
Indrawati Yuhertiana,
Dedi Muhammad Siddiq,
Dwi Suhartini,
Rabaatul Azira Hassan,
author_sort Maheran Zakaria,
building UKM Institutional Repository
collection Online Access
description The COVID-19 pandemic has tremendously affected the economy, business, and human life, especially for micro entrepreneurs in the low-income bracket. In fact, many have yet to achieve success in the aftermath of the pandemic. Drawing from Social Cognitive Theory and existing literature, this study aimed to investigate self efficacy, digital adoption, social persuasion, and passion for work as factors influencing entrepreneurial business success, with self-efficacy proposed as a mediator of the relationships between the other factors and entrepreneurial business success. Employing a cross-sectional survey technique, a questionnaire was distributed via email to 250 micro-entrepreneurs in West Java, Indonesia. Of these, 174 responded, and 160 datasets were suitable for further analysis. Multiple regression results derived from SmartPLS 3 indicate that all the proposed variables significantly influence both self-efficacy and entrepreneurial business success. Moreover, the findings demonstrate that self-efficacy acts as a mediator between the examined factors and entrepreneurial business success. These discoveries offer valuable insights for policymakers, poverty alleviation organizations, and researchers in developing strategies and intervention programs for entrepreneurial business growth. Thus, these findings align with the goals of the Indonesian government and the United Nations' Sustainable Development Goals to cultivate resilient and competitive micro-entrepreneurs, striving towards a zero-poverty nation by 2030.
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spelling oai:generic.eprints.org:239062024-08-05T04:08:46Z http://journalarticle.ukm.my/23906/ Factors of entrepreneurial business success: towards resilient and competitive entrepreneurs in the post covid-19 pandemic era Maheran Zakaria, Indrawati Yuhertiana, Dedi Muhammad Siddiq, Dwi Suhartini, Rabaatul Azira Hassan, The COVID-19 pandemic has tremendously affected the economy, business, and human life, especially for micro entrepreneurs in the low-income bracket. In fact, many have yet to achieve success in the aftermath of the pandemic. Drawing from Social Cognitive Theory and existing literature, this study aimed to investigate self efficacy, digital adoption, social persuasion, and passion for work as factors influencing entrepreneurial business success, with self-efficacy proposed as a mediator of the relationships between the other factors and entrepreneurial business success. Employing a cross-sectional survey technique, a questionnaire was distributed via email to 250 micro-entrepreneurs in West Java, Indonesia. Of these, 174 responded, and 160 datasets were suitable for further analysis. Multiple regression results derived from SmartPLS 3 indicate that all the proposed variables significantly influence both self-efficacy and entrepreneurial business success. Moreover, the findings demonstrate that self-efficacy acts as a mediator between the examined factors and entrepreneurial business success. These discoveries offer valuable insights for policymakers, poverty alleviation organizations, and researchers in developing strategies and intervention programs for entrepreneurial business growth. Thus, these findings align with the goals of the Indonesian government and the United Nations' Sustainable Development Goals to cultivate resilient and competitive micro-entrepreneurs, striving towards a zero-poverty nation by 2030. Penerbit Universiti Kebangsaan Malaysia 2024 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/23906/1/Pengurusan_70_5.pdf Maheran Zakaria, and Indrawati Yuhertiana, and Dedi Muhammad Siddiq, and Dwi Suhartini, and Rabaatul Azira Hassan, (2024) Factors of entrepreneurial business success: towards resilient and competitive entrepreneurs in the post covid-19 pandemic era. Jurnal Pengurusan, 70 . pp. 1-13. ISSN 0127-2713 https://www.ukm.my/jurnalpengurusan/view-articles/
spellingShingle Maheran Zakaria,
Indrawati Yuhertiana,
Dedi Muhammad Siddiq,
Dwi Suhartini,
Rabaatul Azira Hassan,
Factors of entrepreneurial business success: towards resilient and competitive entrepreneurs in the post covid-19 pandemic era
title Factors of entrepreneurial business success: towards resilient and competitive entrepreneurs in the post covid-19 pandemic era
title_full Factors of entrepreneurial business success: towards resilient and competitive entrepreneurs in the post covid-19 pandemic era
title_fullStr Factors of entrepreneurial business success: towards resilient and competitive entrepreneurs in the post covid-19 pandemic era
title_full_unstemmed Factors of entrepreneurial business success: towards resilient and competitive entrepreneurs in the post covid-19 pandemic era
title_short Factors of entrepreneurial business success: towards resilient and competitive entrepreneurs in the post covid-19 pandemic era
title_sort factors of entrepreneurial business success: towards resilient and competitive entrepreneurs in the post covid-19 pandemic era
url http://journalarticle.ukm.my/23906/
http://journalarticle.ukm.my/23906/
http://journalarticle.ukm.my/23906/1/Pengurusan_70_5.pdf