The Analysis of Potential Growth for Indonesia’s Micro Small Medium Business Owners

Authors

  • Christian Haposan Pangaribuan Sampoerna University
  • Okta Prihatma Bayu Putra Bina Nusantara University
  • Lidhiah Lesthary Sampoerna University
  • Glory Aguzman Bina Nusantara University
  • Desman Hidayat Bina Nusantara University

DOI:

https://doi.org/10.32924/ijbs.v2i2.53

Keywords:

Potential Growth, Export Oriented, Micro Small Medium Enterprises, Small Business, Entrepreneurs

Abstract

This study examines the relation between potential growth in the context of micro, small, medium enterprises by evaluating several factors, i.e. lack of marketing ability, inadequate business training, technological backwardness, poor quality of products, lack of innovation, unfavorable legal and regulatory framework, insuficient capital, and shortage of skilled labor. The data collected is from 196 self-employed enterprises in Jakarta, Indonesia. Results indicate that unfavorable legal and regulatory framework is the most affecting factor to slow down the growth of small businesses as well as a hindrance to its exports opportunities abroad. The further investigation of demographic factors shows how the differences canadd to ourunderstanding in the potential growth of smallbusinesses.

Author Biographies

Christian Haposan Pangaribuan, Sampoerna University

Management Study Program, Faculty of Business

Okta Prihatma Bayu Putra, Bina Nusantara University

Management Dept., BINUS Business School Undergraduate Program

Lidhiah Lesthary, Sampoerna University

Management Study Program, Faculty of Business

Glory Aguzman, Bina Nusantara University

BINUS Entrepreneurship Center

Desman Hidayat, Bina Nusantara University

Management Dept., BINUS Business School Undergraduate Program

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Submitted

2019-05-18

Published

2018-06-15

How to Cite

Pangaribuan, C. H., Bayu Putra, O. P., Lesthary, L., Aguzman, G., & Hidayat, D. (2018). The Analysis of Potential Growth for Indonesia’s Micro Small Medium Business Owners. International Journal of Business Studies, 2(2), 62–73. https://doi.org/10.32924/ijbs.v2i2.53

Issue

Vol. 2 No. 2 (2018): International Journal of Business Studies (IJBS)

Section

Articles

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