Business Survival: Competence of Micro, Small and Medium Enterprises

Rahayu Mardikaningsih, Elok Imroatul Azizah, Natasya Nafa Putri, Muhammad Nur Alfan, Muhammad Mas Davit Herman Rudiansyah

Abstract


As a form of business that is able to survive during the financial crisis, Micro, Small and Medium Enterprises (MSMEs) have received the attention of all parties. In practice, MSME entrepreneurs have several obstacles other than capital. The large number of public interest in MSMEs creates competition for MSMEs that have similar business sectors. The low performance produced by MSMEs is due to the low quality of entrepreneurial competence. This research was conducted to determine the competencies required by MSMEs. The research method used in this research is descriptive qualitative. The sample of this research is 56 MSME entrepreneurs in the Tropodo village area, Waru sub-district, Sidoarjo district, East Java. The results of the study indicate that business actors already know their entrepreneurial competencies. Human relations competence is the most mastered competence and the lowest competence possessed is financial competence.

Keywords


MSMEs, Micro, Small and Medium Entrepreneurs, Entrepreneurial Competencies

Full Text:

PDF

References


Aaker, D.A. (1989) Managing Assets and Skills: the key to a sustainable competitive advantage. California Management Review, 31, 91-106.

Baum, J.R., Locke, E.A., & Smith, K.G. (2001). A Multidimensional Model of Venture Growth. Academy of Management Journal, 44(2), 292-303.

Bessant, J., & Tidd, J. (2007). Innovation and Entrepreneurship. John Wiley & Sons. Chichester.

Chye, L.T., Tat, H.H., Osman, M.H.M., & Rasli, A.M. (2010). Are Managerial Competencies A Blessing to the Performance of Innovative SMEs in Malaysia. International Journal of Economics and Management, 4(1), 120-136.

Corallo, A., Passiante, G., & Prencipe, A. (Eds.). (2007). The Digital Business Ecosystem. Edward Elgar Publishing. Cheltenham.

Darmawan, D. (2003). Teori Pengambilan Keputusan. Universitas Atmajaya, Yogyakarta.

Darmawan, D. (2018). Pengantar Ekonomi Makro. Revka Prima Media, Surabaya.

Darmawan, D & M. Hariani. (2020). Pengantar Kewirausahaan. Metromedia, Surabaya.

Darmawan, D. (2021). Competitive Advantage and Service Marketing Mix, Journal of Social Science Studies, 1(2), 75-80.

Darmawan, D. et al. (2021). Psychological Perspective in Society 5.0, Zahir Publishing, Jogjakarta.

Dipta, W.I. (2012). Memperkuat UKM Menghadapi Masyarakat Ekonomi Asean Tahun 2015. Infokop, 21(1), 1-12.

Groenewegen, G. & de Langen, F. (2012). Critical Success Factors of the Survival of Start-ups with a Radical Innovation. Journal of Applied Economics and Business Research, 2(3), 155-71.

Hsiao, C., Lee, Y. H. & Chen, H. H. (2016). The Effects of Internal Locus of Control on Entrepreneurship: the mediating mechanisms of social capital and human capital. The International Journal of Human Resource Management, 27(11), 1158-72.

Hutomo, S. & D. Darmawan. (2011). Optimalisasi Manajemen Sumber Daya Manusia Menuju Keunggulan Bersaing, Jurnal Ilmu Sosial, 5(1), 13-22.

Khasanah, H., S. Arum, & D. Darmawan. (2010). Pengantar Manajemen Bisnis. Spektrum Nusa Press, Jakarta.

Khayru, R.K., A. Chairunnas & Supitriyani. (2021). Study on The Relationship Between Social Support and Entrepreneurship Intention Experienced by Adolescents, Journal of Social Science Studies, 1(2), 47 – 51.

Man, T.W.Y., Lau, T., & Chan, K.F. (2002). The Competitiveness of Small and Medium Enterprises – A Conceptualization with Focus on Entrepreneurial Competences. Journal of Business Venturing, 17 (2), 123-142.

Mardikaningsih, R. (2017). Perencanaan Bisnis, Metromedia, Surabaya.

Mardikaningsih, R. & Y. R. Al Hakim. (2017). Manajemen Bisnis Ritel, Metromedia, Surabaya.

Mardikaningsih, R. & D. Darmawan. (2020). Sistem Pengendalian Mutu, Metromedia, Surabaya.

Mardikaningsih, R. & Samsul Arifin. (2021). Study on Education Level and Consequences of Licensing and Interest in Making Small Business Licensing, Journal of Social Science Studies, 1(1), 19 – 24.

Spigel, B. (2015). The Relational Organization of Entrepreneurial Ecosystems. Entrepreneurship Theory and Practice, 41(1), 49–72.

Wahyudi, I, D. Bhaskara, D. Darmawan, Hermawan & N. Damayanti. (2006). Kinerja Organisasi dan Faktor-Faktor Pembentuknya, Jurnal Ekonomi dan Bisnis, 4(2), 95-108.

Zahra, S. A., Wright, M., & Abdelgawad, S. G. (2014). Contextualization and the Advancement of Entrepreneurship Research. International Small Business Journal, 32(5), 479–500.

Zhang, S., Yi, X., & Su, X. (2012). Rigor and Relevance: on the Development of Entrepreneurship Research in China. Frontiers of Business Research in China, 6(3), 418–434.

Zimmerer, T W., & Scarborough, N. M. (2002). Pengantar Kewirausahaan dan Manajemen Bisnis Kecil. Prenhallindo, Jakarta.




DOI: https://doi.org/10.56348/jos3.v2i1.21

Refbacks

  • There are currently no refbacks.


Copyright (c) 2022 Rahayu Mardikaningsih, Elok Imroatul Azizah, Natasya Nafa Putri, Muhammad Nur Alfan, Muhammad Mas Davit Herman Rudiansyah

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Journal of Social Science Studies (JOS3)
Publish by Metromedia Education Center
Perumahan Grand Alexandria Fortune Blok AF1 No 11, Surabaya, Provinsi Jawa Timur
Email: jos3.journal@gmail.com
This work is licensed under a Creative Commons Attribution 4.0 International License