IJEBD (International Journal Of Entrepreneurship And Business Development)
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The Role of International Trade on Economic Growth in Somalia
Get PDFPurpose: This paper investigated the role of international trade on economic growth in Somalia, the main objective of the paper is to find out the role of export and import on economic growth in Somalia and to determine the relationship between international trade and economic growth in Somalia.
Design/methodology/approach: Somalia’s major exports are livestock, bananas, skins, fish, charcoal, and scrap metal, the major export partners included the United Arab Emirates, Yemen, and Oman. The studies in 2020 indicated that Somalia was the number 173 economy in the world in terms of total exports and number 140 in total imports.
Findings: In 2021, Somalia exported a total of 482million USD, making it the number 168 exporter in the world, during the last five reported years, the exports of Somalia have changed by 149millionm USD from 631million USD in 2016 to 482million USD in 2021. Furthermore, the economy is described as a very open economy according to the ratio of imports plus exports to GDP which is 91.5 percent, the 7th highest in Sub-Saharan Africa and 45th highest in the world.
Practical implications: The major export of Somalia is livestock which is accompanied by its products i.e. hides and skins though the country deliberately depends on imports of food and non-food items. On the contrary, imports start from neighboring countries including Gulf countries, in South East Asia, and Somalia’s exports for 2021 were $1.53B, a %30.05 increase from 2020, Contribution of livestock to the national economy is estimated at %60-65.
Paper type: Literature revie
The Impact of Compensation Upon Employee Performance with Job Satisfaction as An Intervening Variable at the Dental Health Centre Jakarta Group
Get PDFPurpose: The objective of this research is to assess the impact of compensation upon employee impactiveness, while taking into account job contentment as an intervening factor, within the Dental Health Centre Group located in Jakarta.
Design/methodology/approach: This research employs a quantitative methodology and utilizes primary data obtained from a purposively sampled group of 113 employees from the Dental Health Centre Group in Jakarta. The data analysis techniques involve validity testing, reliability testing, classical assumption testing, hypothesis testing utilizing t-tests and F-tests, as well as path analysis testing. Statistical Product and Service Solution (SPSS) Version 22 is utilized for the analysis.
Findings: The outcomes suggest that compensation has an impact upon job contentment, albeit without any impact upon employee productivity. Nonetheless, job satisfaction has a significant bearing upon employee performance. It is noteworthy that the connection among compensation and employee performance is not entirely designed by job satisfaction.
Practical implications: According to the research outcomes regarding the three variables, it is apparent that compensation has a significant impact upon job contentment, which in turn affects employee productivity. Consequently, it is suggested that organizations offer fair compensation to cultivate worker satisfaction, ultimately amplifying their performance.
Originality/value: The researcher asserts that this research represents his original work and is the first of its kind utilized at the Dental Health Centre Group in Jakarta, bearing the title of the research under examination, with the exception of citations from select summaries included as references.
Paper type: Research pape
Cyber Risk Management Disclosure:
Get PDFPurpose: This research aims to determine the impact of firm size, profitability, and intangible assets on cyber risk management disclosure.
Design/methodology/approach: This research is a causality study with quantitative methods and uses secondary data derived from annual reports of telecommunications and financial services sector companies listed on the Indonesia Stock Exchange in 2018-2022. The sampling technique used purposive sampling and obtained 150 annual reports which were analyzed using multiple linear regression.
Findings: The results showed that company size and profitability have a positive and significant influence on Cyber Risk Management Disclosure, but Intangible Assets are not significant.
Practical implications: According to the research outcomes, it is suggested for the development of government policies and regulations that encourage companies to increase cyber risk management disclosures in annual reports, as well as companies can understand the factors that influence cyber risk management disclosures so that companies can increase transparency and reduce cyber risk, besides that it can help investors make wiser investment decisions by having an understanding of cyber risk management faced by companies.
Originality/value: This research contributes to the development of an accounting conceptual framework on the concept of disclosure, especially voluntary disclosure and practical contributions for governments, companies, and investors.
Paper type: Research pape
Penta Helix Model Approach Strategy Towards the Effectiveness of Stunting Reduction Programs in Surabaya City
Get PDFPurpose: This study examines the effectiveness of the Penta Helix model—integrating academia, business, community, government, and media—in reducing stunting rates in Surabaya, Indonesia. Through path analysis, the research assesses the individual and collective impacts of these sectors on the effectiveness of the stunting reduction program. The findings reveal that government, business, and media sectors play significant roles in the success of the program, with government involvement being the most critical factor. In contrast, academia and community involvement demonstrate limited impact, suggesting potential gaps in research application and community engagement.
Design/methodology/approach: This study employs a quantitative research design to examine the effectiveness of the Penta Helix model in reducing stunting rates in Surabaya. The research uses Structural Equation Modeling (SEM) with Smart PLS 3 to analyze the relationships between various variables within the model. A total of 250 respondents were selected for the study. The sample size was determined based on the recommendations for SEM, which suggest a minimum of 200 respondents for robust analysis.
Findings: The study’s results are contextualized within Indonesia’s national policies, particularly the National Strategy to Accelerate Stunting Prevention (Stranas Stunting), highlighting the importance of governmental support and coordinated efforts across sectors. The positive contributions of the business sector underscore the value of public-private partnerships, while the significant role of media reinforces the importance of strategic communication in public health initiatives.
Research limitations/implicationsThe need for stronger linkages between academic research and practical implementation, as well as more robust community engagement strategies. These insights have important implications for refining the Penta Helix model to achieve more effective and sustainable stunting reduction outcomes in Surabaya and other regions. By addressing these gaps, the model can be optimized to better support Indonesia’s ongoing efforts to combat stunting, ultimately contributing to improved public health outcomes nationwide.
Practical implications: Given that a majority of the sectors (Government, Business, and Media) show significant individual contributions, it is reasonable to conclude that the hypothesis that all variables collectively have a significant effect on the effectiveness of the stunting reduction program is likely accepted. However, this conclusion is based on the assumption that the combined effect of the variables is assessed through an appropriate overall model fit measure, which is typically significant if most individual paths are significant.
Originality/value: This research represents an original contribution to the field of public health and urban development through its innovative application of the Penta Helix model to the issue of stunting reduction in Surabaya. While existing studies have explored various approaches to addressing stunting, this study distinguishes itself by integrating a Penta Helix framework a multi-stakeholder model involving academia, business, government, community, and media into the analysis of program effectiveness
Integration of Bumdes to Encourage Village Community Economic Activities
Get PDFPurpose: The establishment of Village-Owned Enterprises (BUMDes) aims to stimulate economic growth in rural areas. Each BUMDes is expected to align with the community's needs, particularly in supporting local economic activities. As a result, BUMDes should be viewed not as competitors by local businesses, but as partners that strengthen the village economy. This research aims to compare the economic conditions of the village community before and after the establishment of BUMDes Wonosegoro, focusing on the positive impacts and significant changes that occurred.
Design/methodology/approach: This study uses a quantitative approach with Paired Sample t-test analysis to measure significant changes in community economic activities before and after the presence of BUMDes. The respondents in this study consisted of 30 residents of Cermo Village, Kare Sub-district, Madiun Regency, who were randomly selected to ensure good representation of the village population.
Findings: The results of this study show that there are significant differences in several economic variables after the establishment of BUMDes Wonosegoro. Specifically, there was an increase in variables X4 and X5, indicating that BUMDes has successfully increased income and economic activities in the village. However, other variables did not show significant changes, suggesting that the impact of BUMDes may take longer to materialize across all aspects of the village economy.
Research limitations/implications: This research focuses only on one BUMDes in Cermo Village. Therefore, the results may not be fully generalizable to BUMDes in other areas. Further research comparing multiple BUMDes in different villages is needed to provide a broader picture and enrich the findings of this study.
Practical implications: The results of this study can be used as evaluation material for BUMDes Wonosegoro managers to improve synergy with the needs of village communities. By optimizing the role of BUMDes, it is expected that community welfare will be enhanced through local job creation and sustainable economic empowerment.
Originality/value: This research offers an original comparative analysis of the impact of BUMDes on village economic activities using quantitative statistical methods. This study contributes to the literature on the role of BUMDes in rural economic development, especially in the context of Indonesian villages.
Paper type: Research paper
 
THE EFFECT OF PRICE, VARIATION PRODUCT AND SERVICE QUALITY ON BUYING DECISION AT MARKET PLACE SHOPEE
Get PDFPurpose : This research aims to determine the influence of price, product variety and service quality on purchasing decisions at the Shopee market place at the As-Sya'roniyyah Islamic boarding school.
Design/methodology/approach : This research method uses a quantitative approach. The population in this study was an unlimited number of students at the As-Sya'roniyyah Islamic boarding school. The sampling technique used Purposive Sampling Technique, with the criteria being that respondents had made purchases at the Shopee market place, at least twice, were at least 15 years old, male or female. Data collection techniques through distributing questionnaires to respondents who meet the criteria. The data analysis method used is Multiple Linear Analysis with SPSS (Statistical Product and Service Solution) version 25.
Findings : This research proves that the more and higher the product variety and service quality, the more purchasing decisions will increase, while price is not able to increase purchasing decisions.
Research limitations/implications : There are many more variables that influence purchasing decisions that were not examined in this research. This research focuses on one object and the results of this research cannot be generalized to other objects that are not the same.
Practical implications : Improving knowledge in making a strategy or decision in reaching potential consumers and retaining consumers in purchasing products in this research object
Originality/ value: This research focuses on the shopee market place object at the As-Sya'roniyyah Islamic boarding school with the variables price, product variety and service quality which are the variables that influence consumer purchasing decisions at that object
The Influence of Product Quality on Purchase Decision Through Brand Image: A Case Study On 3second Fashion
Get PDFPurpose: A deep understanding of the factors influencing purchasing helps companies become more responsive, effective, and successful in marketing their products or services. This study aims to assess the impact of product quality on purchasing decisions involving the brand image factor in 3-second Fashion Surabaya.
Design/methodology/approach: The research method employed a quantitative approach with the participation of 100 respondents. Structural equation model analysis was used as the analytical technique.
Findings: The study results indicate that product quality influences the purchasing decisions for 3-second Fashion products. In other words, the better the product quality, the higher the consumer's decision to make a purchase. The research findings also show that brand image has an impact on purchasing decisions for 3-second Fashion products. In other words, the better the brand image, the higher the consumer's decision to make a purchase. This study also reveals that brand image serves as an intervening variable that mediates the relationship between product quality and purchasing decisions for 3-second Fashion Surabaya products.
Research limitations/implications: This research focuses on the influence of product quality and brand image on purchasing decisions without considering other variables that may play a role in the purchasing process.
Practical implications: Understanding the influence of product quality on purchasing decisions through the brand image in 3second Fashion Surabaya has several practical implications that can aid decision-making at the managerial and marketing levels. Practitioners and business managers can take specific steps to enhance the performance and competitiveness of the company.
Originality/value: This research provides a new and original contribution, particularly regarding the relationship between product quality, brand image, and purchase decisions in the field of fashion retail.
Paper type: Research pape
AFFECTING FACTORS STOCK PRICE: EARNINGS PER SHARE AS MODERATING VARIABLE
Get PDFPurpose: Determine how financial measures affect stock prices using the Earnings Per Share mediation variable.
Design/methodology/approach: Research methodologies using quantitative techniques. The study population consisted of consumer cyclical companies listed on the Indonesia Stock Exchange between 2020 and 2022. Deliberate selection methods were used in the selection of these firms. The study used Moderated Regression Analysis Test using SPSS software version 29.
Findings: Earnings per share acts as a mediator between the stock price and the debt-to-equity ratio, however Earnigs Per Share cannot considerably alter the stock price or lessen the impacts of return on assets.
Research limitations/implications: Small sample, short periods, companies neglect operational assets.
Practical implications: The Effects of Stock Price and Earnings Per Share with a Moderate Debt to Equity Ratio.
Originality/value: Empirical evidence indicates that profits per share mediate between the influence of debt policy and stock prices.
Paper type: Research Paper
 
The Influence Of Transformational Leadership Intrinsic Motivation and Work Discipline On Employee Perfomance
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Design/methodology/approach: This type of research uses a quantitative approach and uses primary data. The population in the study was 110 employees of the Cirebon Regency Secretariat. The sampling technique in this research uses saturated samples, namely a sampling technique that uses all population members as samples—data collection through questionnaires. The analysis method used is the Statistical Product and Service Solution (SPSS) Version 25 method. Findings: The results of this study show that transformational leadership affects employee performance, intrinsic motivation affects employee performance, and work discipline affects employee performance. Research limitations and implications: This research focuses on the influence of transformational leadership, intrinsic motivation, and work discipline on employee performance. Practical implications: Based on the research results of the three variables, namely transformational leadership, intrinsic motivation, and work discipline, both directly and indirectly, it turns out that they simultaneously influence employee performance. Based on the research results, variable transformational leadership, intrinsic motivation, and work discipline have a joint (simultaneous) effect on employee performance at the Cirebon Regency Secretariat. Originality/value: This paper is original. Paper type: research paper Keywords: transformational leadership, intrinsic motivation, work discipline, employee performance.
 
Relationship Between Absorptive Capacity and Innovation Ambidexterity: Mediating Role of Entrepreneurial Orientation
Get PDFThe literature in management sciences highlights the importance of entrepreneurial orientation as a lever to enhance productivity, competitiveness, and strengthen the position of companies. Globally, businesses are increasingly investing in developing their innovation capabilities to meet the demands of the digital economy and the "Smart Life" era. In this context, the absorptive capacity for knowledge, as well as the ambidexterity of exploration and exploitation, play crucial roles. However, current research does not yet clearly specify the causal links between these concepts. This study aims to determine how absorptive capacity influences innovation ambidexterity, considering the mediating role of entrepreneurial orientation.Based on a positivist epistemological approach, this work relies on a literature review and the results of three exploratory studies. This leads to an explanatory model of the relationships between absorptive capacity and innovation ambidexterity, tested on 258 entrepreneurs and project holders in the ICT sector in Tunisia, operating within a "Smart City." The results show that absorptive capacity enhances innovation ambidexterity, with a significant mediating role of entrepreneurial orientation.Key words: Absorptive capacity, ambidexterity, innovation exploration, innovation exploitation, entrepreneurial orientation