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Does Our Entrepreneurship Practicum Work? Evidence from Hybrid and Offline Students
Get PDFThis study analyzes the impact of the theory of planned behavior dimensions and entrepreneurship education on entrepreneurial intention. The study was conducted among students who enrolled in offline and hybrid entrepreneurship practicum courses. The sample consisted of 54 respondents who took the offline entrepreneurship practicum and 84 who took the hybrid entrepreneurship practicum. Partial least square and Mann-Whitney analyses were utilized for data analysis. The findings indicate that only perceived behavioral control among the dimensions of the theory of planned behavior has a positive impact on entrepreneurial intention. The study also found that entrepreneurship education has a significant effect on entrepreneurial intention, but it does not moderate the influence of the dimensions of the theory of planned behavior on entrepreneurial intention. Moreover, there are no significant differences in entrepreneurial intention between students who took entrepreneurship practicum offline and those who took it in a hybrid format
Investigating the Gold Investment Decision during the COVID-19 Pandemic in Bengkulu City, Indonesia
Get PDFThe current landscape of the Indonesian economy bears the weight of the COVID-19 pandemic, witnessing a widespread downturn across nearly all sectors. In response to this economic strain, one potential avenue for bolstering or preserving individual welfare levels lies in investment strategies. This study scrutinises the impact of various sociodemographic factors on individuals\u27 decisions to invest in gold amidst the COVID-19 crisis. Specifically, gender, age, education, occupation, income, and risk tolerance are examined to discern their influence on gold investment decisions. Conducted within Bengkulu City, the study engages with 190 respondents and employs multiple regression techniques to illuminate key insights. This research reveals a nuanced interplay between sociodemographic variables and gold investment choices during the pandemic. Gender, age, income, and risk tolerance are significant influencers, exerting discernible effects on individuals\u27 inclinations toward gold investment. Notably, the analysis unveils that gender and age dynamics, alongside income disparities, play pivotal roles in shaping investment behaviours, with certain demographics exhibiting a heightened propensity for gold investment in the face of economic uncertainty. Conversely, the impact of education and occupation on gold investment decisions appears less pronounced within the context of Bengkulu City during the pandemic. While these variables undoubtedly shape individuals\u27 financial dispositions, their direct influence on the inclination toward gold investment seems less substantial amidst the prevailing economic challenges. In essence, this study underscores the multifaceted nature of investment decision-making during times of crisis, shedding light on the intricate interplay between sociodemographic factors and investment behaviours. By unravelling these dynamics, policymakers, and investors can glean valuable insights into crafting tailored strategies to navigate economic turbulence and safeguard individual welfare amid uncertainty
Modeling and Optimization of Cost-Based Hybrid Flow Shop Scheduling Problem using Metaheuristics
Get PDFThe cost-based hybrid flow shop (CHFS) scheduling has been immensely studied due to its huge impact on productivity. For any profit-oriented organization, it is important to optimize total production costs. However, few researchers have studied hybrid flow shops (HFS) with total production cost utilization. This paper aims to develop a computational model and test the exploration capability of metaheuristics algorithms while optimizing the CHFS problem. Carlier and Neron defined three hypothetical benchmark problems for computational experiments. The popular optimization algorithms PSO, GA, and ACO were implemented on the CHFS model with ten optimization runs. The experimental results proven that ACO performed well regarding mean fitness value for all benchmark problems. Besides this, CPU time for PSO was very high compared to other algorithms. In the future, other optimization algorithms will be tested for the CHFS model, such as Teaching Learning Based Optimization (TLBO) and the Crayfish Optimization Algorithm (COA)
Identifying the Growth Centers in Banda Aceh City, Indonesia: Before and After Tsunami
Get PDFThe city of Banda Aceh continues to grow and develop to this day after being hit by the tsunami disaster in 2004. The growth and development of Banda Aceh did not happen simultaneously. It can be seen in Meuraxa District, Jaya Baru District, and other districts affected by the Tsunami. As a result, the growth centers shifted in Banda Aceh City. The high level of development until 2021, using the GRDP of Banda Aceh City, which is 19.93 trillion rupiah, means that economic growth will also increase by 1.25 percent from 2003 before the Tsunami to 2021, thereby creating economic potential in Banda Aceh City. The developing economic interaction between sub-districts in Banda Aceh City will create the strongest interaction as a new growth center on the basis of data from before and after the Tsunami, namely the number of population increases and the absolute distance between the two regions. The gravity analysis model identifies interactions between sub-districts in Banda Aceh City. It means they have strong economic interactions as growth centers by gaining the strength of interaction between two regions in Banda Aceh City. The gravity analysis model produces interaction areas with the strongest interaction values in 2004 (before Tsunami), 2005 (after the Tsunami), and 2021 (currently), which are the interactions between Kuta Alam and Baiturrahman Districts with interaction values for each year of 283,084,961,591; 161,382,469,959 and 190,617,812,346
Fiscal Policy and Financial Depth in Nigeria: An Application of Threshold Regression Modeling
Get PDFThe study examines Nigeria\u27s non-linear relationship between fiscal policy and financial depth. In essence, the study is concerned with the impacts of fiscal deficit, domestic debt, and government expenditure on financial depth. The study uses four indicators of financial deepening: liquid liabilities, credit to the private sector, deposit money banks’ assets and financial system deposits (all indicators are expressed as percent of GDP). In particular, the government is the threshold variable expected to have a threshold effect on Nigeria\u27s financial depth. The study covers 60 years between 1961 and 2020 and employs a threshold regression model to achieve the research objectives. A linear regression model is employed for the robustness test by including the government expenditure square to test the significance of non-linearity. The study\u27s findings establish fiscal policy\u27s significance in driving financial depth. Beyond the threshold of 8.11 percent, government expenditure significantly increases financial deepening. This is consistent across the indicators of financial depth and the overall financial depth. It further shows the important role of fiscal deficit and domestic debt in deepening the financial market as the threshold value exceeds 8.11 percent. However, fiscal may have a negative, though insignificant, effect on financial depth when the threshold of government expenditure is no more than 8.11%. Real per capita is also a key factor in promoting financial depth. Therefore, higher income is important for a financially deeper financial system. Therefore, attaining minimum government expenditure is crucial for accelerating financial development in Nigeria
Poverty in Indonesia: An Application of Error Correction Model (ECM) Approach
Get PDFPoverty is one of the biggest concerns of the Indonesian government currently towards achieving social welfare. Indonesia\u27s poverty tends to experience a downward trend but has not yet reached its target. This study analyses the long-term and short-term effects of unemployment, household per capita expenditure and ICT on poverty. This study uses panel data with the ECM approach in 34 provinces in Indonesia from 2015 to 2021. The result indicated that unemployment does not affect poverty in the long and short term. Meanwhile, per capita, household spending, and ICT negatively affect poverty in Indonesia. The government\u27s efforts to overcome unemployment have been reasonable because unemployment does not affect poverty. The government can control household per capita expenditure through socialization or household education to prioritise basic needs first to achieve prosperity. Increasing the reach of ICT development in Eastern Indonesia and areas where ICT facilities are inadequate increases ICT access, use and expertise in reducing poverty
Factors that Influence the Income of Basket Craftsmen: Evidence from Nagori Sigodang, Simalungun Regency, Indonesia
Get PDFToday, a nation\u27s economic condition can identify from an increased supply of goods and services. Also, technological progress is a determinant of economic growth. It describes the ability to provide a variety of goods to the community to get a decent income to meet the needs of everyday life. This study determines the factors that influence the income of basket craftsmen in Nagori Sigodang, Panei District, Simalungun Regency. The population in this study were Nagori Sigodang basket craftsmen, Panei District, Simalungun Regency. The sample size was used purposive sampling by determining special characteristics according to the research objectives. The data were analysed using multiple linear regression tests, hypothesis tests, and coefficient of determination. The results of the multiple linear regression test showed that capital, working hours, and length of business had a positive effect on the income of basket craftsmen; the hypothesis test for the t-test obtained that capital, working hours, and length of business had a significant effect on the income of basket craftsmen, the F-test obtained capital, working hours, and the length of business has a significant effect on the income of basket craftsmen, the coefficient of determination is 0.666, which means that 66.6 percent the level of income can be explained by capital, working hours, and length of business while the remaining 33.4 percent is influenced by other factors not included in the study
Investigating the Effect of Work Motivation, Productivity and Discipline in Improving Employee Performance: Mediating Role of Work Ethic
Get PDFThis study uses quantitative research methods. It aims to examine certain populations or samples, data collection using research instruments, quantitative/statistical data analysis, with the aim of testing predetermined hypotheses. Data collection in this study was carried out by distributing questionnaires to respondents. The results in this study Work Motivation has a positive and significant effect to Work Ethic. Work productivity has a significant effect to Work Ethic. Work Discipline has a significant effect to Work Ethic. Work motivation has a significant effect on Employee Performance. Work Productivity significant effect on Employee Performance. Work Discipline has a significant effect on Employee Performance. Work Ethic has a significant effect on Employee Performance. Work Ethic is an intervening variable that mediates the effect of Work Motivation on Employee Performance. Work Ethic does not an intervening variable that mediates the effect of Work Productivity on Employee Performance. Work Ethic is an intervening variable that mediates the effect of Work Discipline on Employee Performance. Employees are expected to appreciate what is called an opportunity. Because one of the efforts to increase employee performance, namely when a supervisor provides an opportunity for employees to improve employee performance, that is why work motivation, work productivity and work discipline are very important
A Study of Great Resignation on Work-Life Balance: Global Perspective
Get PDFThe great resignation is an unprecedented labour force phenomenon that has garnered significant attention in contemporary employment dynamics. This multifaceted phenomenon, characterised by an exodus of employees from their current positions, has initiated a profound transformation in the work landscape. The paramount concern of this research endeavour is to elucidate the intricate relationship between the Great Resignation and its consequential impact on work-life balance. A compelling exploration of the shifting priorities of the modern workforce is paramount to understanding the underlying dynamics of this phenomenon, especially in light of the profound influence of the COVID-19 pandemic. Central to this examination is an in-depth analysis of the concept of work-life balance itself. By scrutinising the varying definitions and perceptions of work-life balance, we aim to unveil the underpinnings of this critical construct. Also, the study delves into the emergence of hybrid work models as potential solutions to the challenges posed by the Great Resignation. Employers, recognising the significance of work-life balance as a pivotal driver of employee retention, have begun to implement strategies and adaptations to address the evolving needs of their workforce. This study scrutinises the measures taken by organisations to facilitate work-life balance and explores their efficacy. Complementing this, we scrutinise the expectations and demands of employees in the post-Great Resignation landscape, shedding light on the pivotal role of benefits and perks in influencing workplace choices. Lastly, the research offers a forward-looking perspective on the future of work-life balance, envisioning the contours of post-pandemic work culture and predicting long-term implications stemming from this seismic labour market shift
A Study on the Effectiveness of Grammar Intervention PBL in Secondary School English Reading in China
Get PDFThis paper compares the effectiveness of grammar intervention problem-based learning (GIPBL) and problem-based learning (PBL). PBL is a constructivism-based popular teaching pedagogy previously used in medical education, then widely applied in other fields education, including junior high school English reading teaching. But, researchers of Scaffolding learning theory argue that grammar intervention PBL (GIPBL) is more suitable for Junior high students in English reading courses. For comparing the effect of GIPBL and PBL on satisfaction and learning process in junior high school Grade 3 students, this study does a quasi-experimental study in Jiang (2015) Foreign Language Experimental School in Sichuan Province, China. The participants include 120 students of grade 8 in two different classes in Junior High School. Experimental and control groups are designed. The experimental class is taught in GIPBL and the control class is taught in PBL. Both classes are learning English reading, an important part of the English course. Pre-test and post-test were applied. The instruments were a demographic questionnaire, reading test and satisfaction questionnaire. The result shows students’ reading comprehension scores in GIPBL are better than those of the control group. GIPBL broadens the implementation of PBL in practice. There was more satisfaction with GIPBL. 82% of students thought GIPBL was a more acceptable and effective teaching method. The result shows that Grammar Intervention PBL suits junior high and middle school students in English reading courses