IS ENTREPRENEURIAL COMPETENCY AND BUSINESS SUCCESS RELATIONSHIP CONTINGENT UPON BUSINESS ENVIRONMENT? (Study of MSMEs organized by the Cooperatives, Micro, Small and Medium Enterprises Office in Bandung)
Made Ayu Savitri Ismiraini, Lia Yuldinawati, ST., MM
Faculty of Economic Business, Telkom University
Abstract
The number of MSMEs organized by Cooperatives and MSMEs Department in Bandung continues to increase but some of business owners have problems due to lack of knowledge and competence in business as well as attitudes in running a business in certain business environment. The purpose of this research was to determine the effect of entrepreneurial competency on business success and the moderating effect of business environment on the relationship between entrepreneurial competency and business success in MSMEs organized by Cooperatives and MSMEs Department in Bandung. This research is using a quantitative method. The data was collected using a questionnaire. Analysis technique which are being used in this research are descriptive analysis and Structural Equation Modeling with Partlial Least Sqare (SEM-PLS). The results show that entrepreneurial competencies have a significant effect on business success. Business environment does not have a significant moderating effect on the relationship between entrepreneurial competency and business success in MSMEs organized by Cooperatives and MSMEs Department in Bandung. Based on the results of the research, Cooperatives and MSMEs Department in Bandung should be able to understand the competencies that an entrepreneur must have, especially in identifying and utilizing opportunities.
Keywords: Entrepreneurial Competency, Business Success, Business Environment, MSME
Topic: Entrepreneurship
Link: https://ifory.id/abstract-plain/naGJkXhqtcEF
Web Format | Corresponding Author (Made Ayu Savitri Ismiraini)