Indonesia Conference Directory

Corresponding Author
Ika Suhartanti Darmo

Institutions
Institut Teknologi dan Bisnis Kalbis (KALBIS Institute)
Universitas pendidikan Indonesia

Abstract
Creative economy increases a lot of entrepreneurial potential throughout the territory of Indonesia; especially in the culinary field. Despite having a large market, most local culinary SMEs in Bandung, West Java unable to develop their business because limitation of their internal resources and innovation to manage a good business. This quantitative research aims to supports SMEs culinary practitioners in Bandung to improve their businesss dynamic capabilities in countering a modern business competition by improving their performance of innovation and entrepreneurial capabilities. A total of 143 respondents were selected from the purposive random sampling method out of 10 commercially busy culinary businesses in the city of Bandung. The results of this study indicate that partially and simultaneously; the performance of innovation and entrepreneurial capabilities have a relatively large influence on the dynamic ability of the culinary business of business people in the city of Bandung, West Java. With the existence of high dynamic capability, culinary business people will never run out of creative ideas and productive new innovations; so that all activities carried out will have a positive economic and social impact on the surrounding community.

Keywords
entrepreneurship capability, innovation performance, dynamic capability

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/qTHBe8hX7upt

Corresponding Author
Nizar Alam Hamdani

Institutions
Universitas Pendidikan Indonesia

Abstract
Coffee shops have been mushrooming quite a lot in Indonesia, indicating that coffee drinking is now part of lifestyle. The present study aims to figure out innovative strategies appropriate to boost the business performance of coffee industry. The samples were 67 coffee industries in West Java, Indonesia. Data were analyzed using PLS-SEM. The results revealed that innovative strategy indicated by aggressiveness, analysis, defensiveness, futurity, proactiveness, and riskiness had influence on the business performance, indicated by financial and nonfinancial performance, of small and medium coffee industries. It is necessary for small and medium coffee industries to make innovative strategy as a response to the changes in culture and consumer behaviors and the industrial revolution. That way, they can improve their business performance and sustain.

Keywords
Innovative Strategy, Business Performance

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/ErRAeut9wdgn

Corresponding Author
NOFHA RINA

Institutions
a). Ph.D Student of Faculty of Communication Science, Padjadjaran University, Jatinangor, Indonesia
*nofharina80[at]gmail.com

b). Lecturer of Faculty of Communication Science, Padjadjaran University, Jatinangor, Indonesia

Abstract
The integration of Information Communication Technology (ICT) in life today changes our relationship with information and knowledge, including in education. The use of ICT offers so many opportunities so that it can lead to a better and more interesting learning experience. This is a significant challenge to change what is promised from technology into reality for learning. The conclusions of this paper are as follows. 1) Some of the potential benefits of ICT for education, bring changes in the role of the teacher in teaching and the role of students in learning; and open opportunities for collaboration between teachers and between students. 2) The process of internalizing values in ICT learning can be transformed by conducting civilization in the school environment by integrating value education in teaching materials so that habituation, assignment, and exemplary become integral and holistic parts.

Keywords
ICT intergration, Education, Learning

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/cMbQxuGyh9dE

Corresponding Author
Agus Rahayu

Institutions
Universitas Pendidikan Indonesia

Abstract
The purpose of this study is to measure how high the level of involvement of the industrial world on the success of the vocational education link and match program with the industrial world if the Industrial World understands the policy, has adequate resources and the attitude of the Industrial World towards Vocational Education and the government has been positive. The research method used is quantitative. The sample in this study is the Industrial World who are vocational partners in West Java, as many as 149 industries in all areas of West Java. The analysis technique used is descriptive which aims to get an overview of the communication variables, resources, attitudes and involvement. the results of the study indicate that communication carried out by both the government and schools in promoting link and match policies is good and has been understood by the Industrial World, but the resources possessed, especially the supporting equipment for student practicums, are still inadequate to support the link and match program. The level of involvement of the industrial world is quite high where the highest involvement in the preparation of the curriculum.

Keywords
LInk and Match, Vocational Education, Triple Helix

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/RtLNAcgMehKE

Corresponding Author
Ediana Sutjiredjeki Sutjiredjeki

Institutions
Politeknik Negeri Bandung

Abstract
With the advent of knowledge based economy era, there has been a shift in research paradigm within higher educations. Research was initially only emphasized on the development of science with scientific publications as the main output, but now it is encouraged to create technological products with economic values. This change therefore influences the pattern of research organization management at higher education. Starting from 2007, research organization at higher education is evaluated regularly by Directorate General of Higher Education (DGHE). The DGHE conducts evaluation on the performance of Research Management System at higher education institutions every three years. Based on the evaluation results, the higher education institutions are classified into one of four clusters of research: Mandiri, Utama, Madya, or Binaan. This policy applies to all universities in Indonesia, including vocational higher education such as the Politeknik Negeri Bandung. Unlike universities, vocational higher education such as polytechnics cannot be easily classified into the first three clusters, because at its early stages polytechnics were not mandated to perform research. This paper discusses the management strategy of research organization in the form of research and community service units at Politeknik Negeri Bandung. The management of research units is carried out by referring to 13 aspects of research management and setting indicators of achievement. By implementing management of the research unit and community service as a part of institutional strategic management for approximately 8 years, it has succeeded in supporting the Politeknik Negeri Bandung to achieve A-institution accreditation in 2016 that will be valid until December 2021.

Keywords
research organization, management of research unit, management strategy

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/wGFr7vbgBnDP

Corresponding Author
Tanto Gatot Sumarsono

Institutions
Faculty of Economic & Business, University of Merdeka Malang

Abstract
This research paper focuses on analyzing the model of the creation of young entrepreneurs among students in Malang and Pamekasan City. This research was conducted by analyzing the role of business incubators and the potential of local businesses in East Java Province, in reviewing and developing models for the creation of young entrepreneurs. Some research findings indicate that business activities that are prospective can be developed in the Greater Malang and Pamekasan City areas that are quite diverse carried out by entrepreneurs in the region, while the growth of young entrepreneurs is still limited. The potential of the business sector that can be developed by young people in Malang and Pamekasan City can be a means of creating young entrepreneurs. Here, there is no maximum effort to develop business activities on a micro, small, or medium scale product. In addition, local governments and universities have given their roles to foster entrepreneurship in community groups including young people, however, it is still not optimal. Finally, the development of a model for the creation of young entrepreneurs has been developed through the industrial incubator base learning as an integrative framework involving all the main actors.

Keywords
Young Entrepreneur, Entrepreneural Activity, Industrial Incubator Base Learning, Local Potensial.

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/Z3HycBUfbwLm

Corresponding Author
Sri Lestari

Institutions
Universitas Islam As Syafiiyah
Universitas Negeri Jakarta

Abstract
LECTURER HR MANAGEMENT IN ISLAMIC UNIVERSITY AS-SYAFI-IYAH PONDOK GEDE (Case Study of Human Capital Studies) The concept of human capital embraces the added value that employees make to the organization. Human capital is one of the most important elements of intangible assets in a university. Therefore the university must improve the quality of human resources in the face of challenges, in order to achieve their vision and mission. In this study aims to examine how big private universities are in managing HR properly and effectively. So much the role of HR in universities should management pay special attention to HR. To get quality human resources, it can be done starting from planning, organizing, directing and supervising if done well, it will get good quality of human resources, so that the universitys vision and mission are achieved.

Keywords
Human Capital, Planning, Organizing, Direction, Supervision

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/v8UrJmPtW3bX

Corresponding Author
Heru Santosa Hadiyanto

Institutions
Bina Nusantara University

Abstract
The publication of research on strategic management followed by the emergence of new strategy models has not stopped for the few decades. But in its application, the various variations of the strategy model are often contradictory, paradoxical, and debatable to each other. In this conditions, often decision makers become more adhering to his personality factors such as principles, values, thoughts, or self-beliefs about what kind of strategy should be applied. Starting from this background, the research here seeks to identify and develop propositions and conceptual models between the orientation of strategies as what is often believed or selected by someone in terms of personality perspective.

Keywords
strategic flexibility, strategic consistency, personality, business transformation

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/YmNwkRXxVB47

Corresponding Author
Heru Basuki Purwanto

Institutions
Doctoral Program of Management, UPI, Jalan Setiabudhi 229, Bandung

Abstract
ABSTRACT: Starting with monitoring the behavior and the dynamism of the multi business companies for long time period, we found there are specific condition happened with this company, that are the environmental condition has influenced so much, running the business with a lot subsidiaries was not so easy, and it should be there is a suitable situation between the parent and their subsidiaries. According the researched we have done, we found that there is a specific relationship between the RBV (Resource-based Value) theory and the Corporate Parenting Strategy Principles to run this business successfully with synergy, especially at the unit business level of the company what we call it Three Dimensional Strategy. Of course, the ultimate goal of this methodology is the succeed of the company through efficiency and effectiveness of all of the processes of the organization

Keywords
Multi business; RBV; Corporate Parenting Strategy

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/6dCNYQf3mhb9

Corresponding Author
AGUNG BUDI ARNANTO

Institutions
Student Of Dual Degree Program, Master Of Management Indonesia University and MBA Grenoble University

Abstract
The shipping industry is known to have high potential or risk associated with safety. From ship accident data that happened in Indonesia from 2005 until 2018, based on the data taken from National Transportation Safety Comittee (NTSC), this study develops a regression model to predict the probability of fatal shipping accidents and corresponding mortalities. A model for decision making methods with a decision tree and scatter plot will also be created. The model results show that both the fatal accidents and mortalities are mainly caused by technical and human factors, and only a few accidents occur in the waters caused by weathers. In addition, the number of ship accidents has increased in the past 7 years. The biggest portion of ship accidents is occupied by passenger ships. As a consequence of the island nation where transportation of people from island to island has high traffic. Following is the cargo type ship due to the inter-island shipping traffic for logistic distribution also has high traffic. Mostly the ship accident occured in Java Sea and Bangka Strait. The results of this study are beneficial for policy-makers in proposing efficient strategies to prevent fatal shipping accidents, also for ship owner, operator and insurance institution.

Keywords
Ship accident, mortality, severity, decision tree, scatter plot

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/TqgNrwGf8zkv

Corresponding Author
Galih Abdul Fatah Maulani

Institutions
Universitas Pendidikan Indonesia

Abstract
Private universities are business entities in Indonesia. Due to the large number of private universities in Indonesia, the competition between them becomes intense. Therefore, they are required to be able to adapt to any changes in order to sustain. The purpose of this study is to examine the effect of strategic flexibility of private university competitiveness. The samples were 27 private universities in West Java, Indonesia. Data analysis was performed using PLS-SEM. The results showed that strategic flexibility, indicated by attention, assessment, and action had influence on private university competitiveness. This implies that it is necessary for private universities to take into account their adaptability to changes in order for them to be able to manage risks in their environments.

Keywords
Strategic Flexibility, Competitiveness, Private Universities

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/vN2kWRw4UedT

Corresponding Author
Ira Dwi Mayangsari

Institutions
1,2,3Telkom University, Bandung, Indonesia
4Sekolah Tinggi Ilmu Ekonomi Pandu Madania, Bogor, Indonesia

Abstract
Technology brings higher opportunities for business even though company should take higher investment for system and higher IT training cost for employees. Small medium enterprises (SMEs) with their limitation of capital and resources are aware to leverage their technology adoption in order to gain competitive advantages. This study explores research over three years in Indonesia related to SMEs and technology. Finding exhibits field of studies and research result of SMEs and technology. Further, a model of how SMEs will get benefit from IT will be offered. Then, the authors suggest that in future scholars have to build and develop models of how SMEs should adopt technology and have optimal benefit from it.

Keywords
SMEs, IT, research

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/kYRhG37bnzW4

Corresponding Author
Yus Nugraha

Institutions
Dept. of I/O Psychology,
Faculty of Psychology,
Universitas Padjadjaran
Bandung, Indonesia

Abstract
Although the concept of social entrepreneurship has been popular in Indonesia since the last decade, little research has been done on the nature of motivation among Indonesian social entrepreneurs. This research attempted to explore the motivation of social entrepreneurs to create, maintain, and develop a social entrepreneurship project in Bandung, Indonesia. The “Push-Pull” Content Theory was used to delve into social entrepreneurs- motivation to create a Social Enterprise. In addition, a process theory, namely Bandura-s Self-Efficacy theory, was also used to explore social entrepreneurs motivation to develop and maintain Social Enterprise. This qualitative case study also involved content analysis of the data processed from in-depth interviews with four social entrepreneurs. The findings suggested that the motivation to create an Social Enterprise was dominated by “pull” factors, namely monetary motivation, altruism, passion, willingness to create a project, and family-related factor. The “push” factor was a work-related factor. Previous researchers found that monetary motivation did not contribute to Social Enterprise-s creation. Motivation to develop and maintain Social Enterprise was determined by social entrepreneurs- expectations , self-efficacy, role models, and prior experiences.

Keywords
Bandura-s self-efficacy theory, social entrepreneurship, push-pull theory, social Enterprise

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/HJNA7gkvrwht

Corresponding Author
Nizar Alam Hamdani

Institutions
Universitas Garut

Abstract
The industrial revolution era 4.0 requires business entities to use information and communication technology, particularly for marketing purposes. The present study examines the effect of social media use on barbershop business performance. The respondents are 43 owners of barbershops in Garut, Indonesia. Data processing was carried out using PLS-SEM analysis. It is revealed that the use of social media has a significant positive effect on barbershop business performance. Barbershop exposure in social media is one of the factors lined with increased sales.

Keywords
Information and Communication Technology; Social Media Exposure; Barbershop Business Performance

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/cLuJzQPZexbA

Corresponding Author
Qorri Aina

Institutions
(a)Sekolah Bisnis Manajemen ITB, Universitas Pendidikan Indonesia, (b)Universitas Pendidikan Indonesia,(c) Universitas Pendidikan Indonesia

Abstract
Bandung as one of the most culinary tourism destinations in Indonesia and especially in West Java certainly has considerable opportunities to develop the food and beverage sector. And the phenomenon of the development of culinary business in the city of Bandung is currently growing rapidly, can be seen from the number of restaurants and food stalls that increase every year. So that it has been ascertained, for that we need the right strategy so that the company can compete and become superior compared to other competitors. This study aims to find out how business development strategies in culinary startups are hoping to improve corporate performance to be more advanced. To see how the competitiveness of the business environment is used, the Porter Five Forces model . And the application of strategies developed based on the SWOT grand matrix. The case in this study is a food and beverage startup company.

Keywords
business development strategy, business startup, corporate performance, SWOT

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/MQeARJrgFKhG

Corresponding Author
Tommy Hendrix

Institutions
Research Center for Science Technology Policy and Management Innovation
Indonesian Institute of Sciences

Abstract
Technology development, especially in revolution industries 4.0, nowadays becomes more interesting to dis-cover, in order to see much usefulness of implementation of a modern application that can support minimaliz-ing cost production and overheating machinery. For examples, the use of technology foresight in patent man-agement through mining database to see much information and predict related to advance technology that brings a competitive advantage to the digital era. Big data in fields of the repository as one of an urgent re-quirement thats needed, especially in collecting data from R & D results, so will facilitate data retrieval within a specific time. One of the problem solutions that can comply with information of the patent database is to find technology from R & D result ready to use in fields big data for repository used. This paper discusses how a user can know the development and predict technology for market segmentation through a patent port-folio, licensing, status, competitor, innovation and monitoring emerging market with a patent database that registered on WIPO fields. The methodology that applies in the paper using software Innograph (Licensed) in order to see more information related big data for repositories such as potential users through leading patent-issuing authorities. The aim of the paper to obtain data from patent analysis database in big data for repository users is to find out the development of technology foresight products has been produced as well as how com-petitor movement, especially in digital technology. The result from utilization foresight technology on big data for repository find out 1240 patent registered with database online match twelve patent and four organiza-tions as assignee also in duration 2008 until 2018. This result divided most patent still active until now. This paper is beneficial to the industry and stakeholders who need the impact of the implementation of the latest technology and the appropriate level of competition in the commercialization of big data for the repository as a digital system for information technology.

Keywords
Big Data for Repository, Data Mining, Patent Management, Technology Foresight

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/3tcaRgYKL8wf

Corresponding Author
I Gusti Agung Ayu Made Diastika Inkasari

Institutions
TELKOM UNIVERSITY

Abstract
Creative economy is one of the solution to suppress unemployment rate in Indoensia while giving contribution to GDP. The 7th Sky Foundation is a non-profit organization which carry out mission to improve creative industry in Bandung. It consists of 12 creative committee which music committee is one of them.The objective of this research is to identify social entrepreneurship dimension which consists of innovativeness, proactiveness and risk management in order to prevent constraint of social mission, environment and sustainability within Music Committee in 7th Sky Foundation. Social entrepreneurship approach is used in this research since Music Committee has objective to develop music industry by performing incubation program for junior musician with no fix business model attached on it. This concept fits well with social entrepreneurship theory. This research belongs to qualitative study. Data were collected from interviews with five participants who actively involve in Music Committee program. Participants were chosen by convenience sampling technique. The result shows the same pattern between the five participants that they are always socially-oriented in doing incubation programs which in order to achieve those social mission, musician had to face constraints from environment and need for sustainability. In order to survive in music industry, innovative behaviors are needed to produce music. Moreover, proactive behaviors are needed to seek for opportunity and to understand market hence the strategy formulated will match the market needs and wants. There are risks in music industry that need to be mitigated, consequently it needs risk-management skill to avoid those unexpected risks.

Keywords
social entrepreneurship, creative economy, music

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/bZj3FXYfkKAy

Corresponding Author
erna herlinawati

Institutions
STIE Indonesia Membangun, Universitas Pendidikan Indonesia

Abstract
ABSTRACT This study aims to analyze the effect of innovation on business performance. This research is motivated by the phenomenon of the important role of SMEs in national economic growth, should be accompanied by increased business performance, but SMEs are faced with the challenge of losing competition in the global market because low innovation. The method used in this study is an explanatory survey, with data collection through questionnaires and documentation. The population is SMEs in the processing industry sector in West Java, Indonesia, with a sample size of 346 respondents. Data collection used 1-5 scale questionnaires Data analysis using SEM. The results of the analysis show that the research model is acceptable, which means that innovation has a positive effect on business performance. The implication of this research is that business performance can be improved through product innovation, process innovation, and distribution innovation.

Keywords
Keywords: Innovation, Business Performance, SMEs, Indonesia

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/KhYHZumUJcgk

Corresponding Author
Ietje Nazaruddin

Institutions
a), b), c), d) Department of Accounting,
Universitas Muhammadiyah Yogyakarta,
Jl. Brawijaya, Tamantirto, Bantul, Yogyakarta, Indonesia

Abstract
The phenomenon of the low performance of many lecturers in Indonesian universities has led to the development by several universities of a performance measurement system for lecturers (PMSL). Until now, research examining the impact of the implementation of PMSL on lecturers- performance has been very difficult to find. Therefore, this study aims to empirically examine the effect of PMSL implementation and role clarity on lecturers- performance. The testing of role clarity as an intervening variable is also attempted. Using data from 203 questionnaires obtained from lecturers at leading private universities in Indonesia (accredited “excellent” and with internationalisation programmes), we tested the hypotheses using the Partial Least Squares (PLS) approach. The results reveal that the implementation of PMSL, and role clarity significantly, has a positive effect on lecturers- performance. Also, this study concluded that role clarity has a role as an intervening variable.

Keywords
performance measurement system for lecturers (PMSL), role clarity, performance, lecturers, universities

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/TR7NvZUw4kBF

Corresponding Author
Yeni Absah

Institutions
a) Faculty of Economic and Business, Universitas Sumatera Utara
Jl.Porf.T.M. Hanafiah, SH, Kampus USU Medan 20155, Indonesia
*yeni.absah[at]usu.ac.id
b) Faculty of Social and Political Science, Universitas Sumatera Utara, Jl.Prof. A. Sofian No.1 Kampus USU Medan 20155
**r.hamdani[at]usu.ac.id

Abstract
Technological developments have caused Small and Medium Enterprises (SMEs) to have the ability to face increasingly fierce business competition. The industrial revolution 4.0 brings changes in the lifestyle of consumers so that SMEs must develop a number of core competencies to adapt to the changes that occur. The adaptive and innovation capabilities are believed to influence an enterprise-s financial performance. Provided with the population of SMEs of culinary in Medan, 100 of them were used as samples. The research result simultaneously and partially showed a positive and significant impact of the adaptive and innovation capabilities on the marketing performance of SMEs of culinary in Medan.

Keywords
financial performance, adaptive capabilities, innovation capabilities, SMEs

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/JncDGRU8Nd6Y

Corresponding Author
Shohib Khoiri

Institutions
Institut Teknologi Bandung

Abstract
To meet the basic needs of life, clothing, food, and shelter is the right of every individual. Every individual has the right to have a decent life, which is clothing to cover his/her body, eating to fulfill the needs of stomach and housing as a place to shelter. However in the real condition, not every person has a good fortune, also there are not a few of people who live with shortcomings. Religion provides a solution to overcome this problem, namely by presenting the concept of charity. The concept of charity in Islam is called zakah, infaq, or sadaqah. In Christianity, it is called tithing. In Hinduism, it is called Punia. In addition to these religions, each religion has its own concept of charity, which is to spend little money or funds to be given for those in need. Charity in the technical distribution can be done individually (man to man) between donors and recipients, there is also charity which is done collectively, namely by the establishment of charitable institutions that collect funds from donors and distribute them for those in need. Along with the development of information and online technology, many charitable institutions are now using the technology. This method provides convenience not only for these institutions, but also for donors, so donors can simply use the online application to donate. However, the use of online technology in addition to providing a positive impact, there are several disadvantages, including the lack of humanity. An example is the loss of the emotional side between donors and recipients, the lack of conformity in the halal regarding to the sources of the funds, and lack of information on the distribution of funds by those charitable institutions. Seeing these conditions, it is required a model in online technology that does not exclude humanist values which are the real spirit and real implementation of charity, so the use of online technology in charitable fund collection and channeling by fundraiser institutions can be done maximally.

Keywords
charity, online, humanist

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/yhu8Xdf7ATHe

Corresponding Author
Rini Triastuti

Institutions
UNS

Abstract
Promoting prosperity is one of the goals of the Indonesian Nation. In order for these objectives to be achieved, an effort needs to be made, namely through development in all lines. Village as a legal community unit has the authority in the field of village administration, village, community development, and empowerment of village communities which based on community initiatives, origin rights, and village customs. As an implementation of its authority, the village is given village funds. The government further regulates the priority of village funds use with the Village Ministers Regulation, Development of Disadvantaged Regions and Transmigration No. 19 of 2017 concerning Priority Determination of the Use of Village Funds in 2018. Article 4 paragraph 2 states that the priority for the use of village funds is prioritized to finance the implementation of programs and activities that are cross-sectoral in nature. These programs and activities include areas of superior village or rural area product activities, village owned enterprise or joint village owned enterprise in accordance with village authority. This paper is intended to describe the reasons villages have established a joint village-owned enterprises and the constraints they face. This research is located in Wonogiri, Malang and Kendal. Data collection is done by interviews and document studies. The results show that the establishment of joint village-owned enterprises is caused by regulations that regulate villages to carry out empowerment and the need to carry out the process of transforming government programs that have ended, the problem faced by them is that there are still no detailed provisions for joint village-owned enterprises which is the transformation of the PNPM program.

Keywords
autonomy, village owned enterprise , empowerment

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/Uh4xuCGZW3b6

Corresponding Author
Riyandi Nur Sumawidjaja

Institutions
STIE Indonesia Membangun, Universitas Pendidikan Indonesia

Abstract
ABSTRACT This research aims to analyze the influence of co-creation on performance of creativity industry in Indonesia. This study is based on the contribution of the creative industry in the national economy. The study method used causal explanatory survey research. Co-creation measurements with Across Interaction, Product Options, Acces and Price Experience, while Firm Performance (Financial, Customer, Internal Business Process, Learn-ing and Growth Perspective). The population are leather industries, leather goods and footwear in West Java Indonesia, with sample size 252 respondents. All research variables are measured by using scale 1-5 with data collection techniques through questionnaires The data analysis used SEM. The results show that co-creation has a significant influence on firm performance. This study implies to improve the performance of creative in-dustry, it is necessary to improve the co-creation process such as increasing cross-interactions, increasing the diversity of product options, and facilitating access to information on products.

Keywords
Keywords: Co-creation, Firm Performance, Creativity Industry, Indonesia

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/zPRcdjXyA6Lh

Corresponding Author
Pudjo Sugito

Institutions
University of Merdeka Malang

Abstract
This research intends to analyze the linkage of migratory culture and entrepreneurship through information acquisition. The research population are migrant Madura entrepreneurs in East Java, Indonesia, with a sampling technique using a proportional random sampling technique at three locations: Surabaya City, Malang City and Jember Regency. The number of respondent are 170 Madura migrant respondents. The consideration is that there are relatively many Madura migrants in those cities. This research was carried out by designing questionnaires first and then validity dan reability test of the research instrument. Further, the questionnaire was broadcasted to Madura migrant entreprenuers who were randomly selected. The primary data was analyzed by structural equation model with the Partial Least Square (PLS) data processing program. The research result demonstrate that migratory culture significantly effect entrepreneurship and information acquisition mediates the effect of migratory culture toward entrepreneurship. It means that information acquisition plays an important role to encourage entrepreneurship of madura migrants.

Keywords
Migratory Culture, Information Acquisition, Entrepreneurship

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/gNRMqYkfJACa

Corresponding Author
Winsa Dwi Utami

Institutions
Universitas Pendidikan Indonesia

Abstract
Indonesia is one of the countries with considerable human resources, but currently there are 7 million people who are unemployed. This unemployment rate is not spared from university graduates, which in 2018 the level of open unemployment (TPT) rose by 1.13 percent compared to February 2017. The narrow employment in the industrial era 4.0 was partly due to a number of sectors. Then it will not be counted again when industry 5.0 has entered Indonesia. One way to overcome this is to encourage students to become entrepreneurs. There are so many programs provided by the government but not evenly distributed throughout universities or even constrained due to the limited time, little human resources and small funds. With this, business incubation is needed for students who are able to provide solutions for every problem. The Entry of Industry 4.0 to Indonesia and the development of industry 5.0 in this world forced to digitize almost all sectors of life including entrepreneurship. Both in terms of entrepreneurship, systems, production, operations and other things related to entrepreneurship. Including in carrying out business incubation required digitization so that it will provide high efficiency and effectiveness with low costs, extensive time and a lot of human resources. This will add to the sustainability of the students business to open the widest possible employment opportunities.

Keywords
Business Incubation, employment, industry 5.0, Industry 4.0, students business, entrepreneurs

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/fQ2FzgCkURDd

Corresponding Author
Tetep Tetep

Institutions
Institut Pendidikan Indonesia

Abstract
The research aims to determine the role of socio-economic background, family economic education and fi-nancial literacy on student decision making. The research method uses a quantitative approach with the start of the theory and then by using deductive logic. The results of the deductive logic were then lowered into the research hypothesis with the measurement and operational concepts. The population in this study is a student of Fakultas Pendidikan Ilmu Sosial Bahasa dan Sastra Institut Pendidikan Indonesia Garut. Sam-pling techniques use proportional random sampling. Research instruments using polls and tests. Data collec-tion techniques in the form of documentation and poll. The results showed that (1) the social economic background of the parents was instrumental and significant effect on student decision making. (2) The Fami-ly Economic education is instrumental and has significant effect on student decision making. (3) Financial literacy is not instrumental and has no effect on student decision making. (4) There are simultaneous roles and influences between socio-economic background, family economic education and financial literacy on student decision making.

Keywords
Socio-economic, economic education, financial literacy, decision making

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/ab9BqVXTKYR4

Corresponding Author
Asep Ghofir Ali

Institutions
Universitas Pendidikan Indonesia

Abstract
Nowadays, digital technology for banking cannot be ignored and has an important role in achieving business purpose. Digital technology brings up a big potential for product innovation and services which are difficult to control and predict. Therefore, the company needs dynamic tools to support their business by managing new kind of digital innovation process, so that strategy of innovation is necessary in providing services through giving fast response and simplicity solution for customers or prospective ones. Regarding that situation, sharia banking, needs business innovation strategy through digital services differentiation. The main purpose is to increase customers- satisfaction and the no ones as well, especially the customers who become retail third party funds. Meanwhile, the aim of this research is to assess, theoretically and empirically, the quality of relationship between the customers/prospective ones and the bank to analyze their satisfaction level at one of sharia banks in Indonesia towards its digital services.

Keywords
relationship, differentiation, customers- satisfaction, bank

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/wGPqR6KrbJYh

Corresponding Author
Leonardus Wahyu Wasono Mihardjo

Institutions
School of Business, Bina Nusantara University, JWC Campus, Jalan Hang Lekir I No. 6. Senayan, 12710, Jakarta, Indonesia

Abstract
Industry 5.0 is a step after digitalization and digitation has been accomplished. The collaboration, service orienta-tion, agility and customer experience become a critical in dynamic environment. Hence, the firm strategy has shifted from competition strategy to collaboration strategy Collaboration with customer through co-creation Strategy (CCS). It could enable the firms in accelerating the digital transformation. The study on development co-creation strategy focus on customer experience orientation (CXO) and organization agility (OA) to support transformational performance (TP) in term of relationship among variable and empirical study has not been re-veal. Hence, in this paper, we proposed the model of digital transformation for ICT Industry based on co-creation strategy focus on customer experience orientation and organization agility. The study based on empirical study of 35 Indonesian ICT firms. Smart PLS results the hypotheses, except that on the impact of CXO on Transformational Performance. The finding analysis revealed the concept of Service Development logic (S-D Logic) where the Co-creation capability and organizational agilities can sufficiently shape the performance on transformational stage. The theoretical and practical implications of such findings were also provided.

Keywords
Customer experience, Organisational agility, co creation strategy, transformational performance

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/kZz2wNnPpW7g

Corresponding Author
Nizar Alam Hamdani

Institutions
Universitas Garut

Abstract
Indonesia is a country producing various types of coffee. Each type of coffee has its characteristics in terms of its level of viscosity, taste and acidity, depending on plantation soil structure, plantation altitude and weather. These characteristics may also be affected by how the coffee is processed and brewed. The purpose of this study is to examine the influence of unique capabilities and product innovation on the competitiveness and business performance of small and medium coffee enterprises. 35 small and medium coffee enterprises were chosen as the sample using a non-probability sampling technique. Data processing was performed using path analysis. It was revealed that the influence of unique capabilities on the competitiveness than product innovation and that competitiveness had influence on the business performance. This implies that it is necessary for small and medium coffee enterprises to make product differentiation to offer to the consumers.

Keywords
Unique Capabilities, Product Innovation, Competitiveness

Topic
Strategic Management, Entrepreneurship and Contemporary Issues

Link: https://ifory.id/abstract/GcqVLxZUrJjE