Determinants of the Small and Medium Enterprises Progress: A Case Study of SME Entrepreneurs in Manado, Indonesia

Pramono, Rudy & Sondakh, L & Bernarto, Innocentius & Juliana, Juliana & Purwanto, Agus. (2021). Determinants of the Small and Medium Enterprises Progress: A Case Study of SME Entrepreneurs in Manado, Indonesia. 8. 881-889. 10.13106/jafeb.2021.vol8.no1.881.

Posted: 30 Jul 2021

Date Written: July 7, 2021

Abstract

The purpose of this study is to descriptively reveal the demographic and business profile and personal-entrepreneurial characteristics in Manado, the capital of North Sulawesi, and secondly to associate these profiles and characters to their business progress. A sample size of 21 respondents was drawn - selected from those who warmly welcomed the interviewers for an open-ended structured questionnaire. SPSS 24 has been employed to descriptively reveal the sample distribution according to demographic factors and business entities and to determine the dominant factors affecting the progress of the business by testing the hypothesis on the association of variables under study using specified statistical analytical tools, such as regression analysis, especially stepwise regression formula, between specified dependent variables and independent variables and /or between all variables. The stepwise regression analysis has enabled the researcher to determine which variables are the most important reflecting the personal characteristics theorized as “locus of control”: self-efficacy, needs for achievement, personal traits, and barriers to business progress The analysis reveals that the progress of business does have an association and is dependent on the source of capital and education, needs for achievement and locus of control.

Keywords: Small and Medium Enterprises, SMEs Manado, Entrepreneurs

JEL Classification: D11, D47, E32, L83, Z33

Suggested Citation

Juliana, Juliana, Determinants of the Small and Medium Enterprises Progress: A Case Study of SME Entrepreneurs in Manado, Indonesia (July 7, 2021). Pramono, Rudy & Sondakh, L & Bernarto, Innocentius & Juliana, Juliana & Purwanto, Agus. (2021). Determinants of the Small and Medium Enterprises Progress: A Case Study of SME Entrepreneurs in Manado, Indonesia. 8. 881-889. 10.13106/jafeb.2021.vol8.no1.881. , Available at SSRN: https://ssrn.com/abstract=3881568

Juliana Juliana (Contact Author)

Universitas Pelita Harapan ( email )

Jl. M.H. Thamrin Boulevard
Tangerang, Banten, East Java 15811
Indonesia

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