The Es Economics and Entrepreneurship

Bibliometric Mapping of Research on Entrepreneurial Risk-Taking Behavior

2024-12-23T08:36:34+00:00

This study utilizes bibliometric analysis to explore the structure and dynamics of global research collaborations, particularly focusing on the field of entrepreneurial risk-taking. Utilizing data sourced from major academic databases and visualized through VOSviewer, we map the collaboration networks between countries, analyzing the roles of central hubs and their influence on global research trends. Our findings highlight the United States' pivotal role in the global research network, acting as a central hub with extensive international collaborations. The study reveals a trend toward multipolar contributions with significant inputs from countries like China, Germany, and Canada. These collaborations not only enhance the diversity and quality of research outputs but also underscore the importance of international cooperation in addressing complex global challenges. The study discusses the implications of these findings for policy-making and academic strategies, emphasizing the need to support international research collaborations to foster innovation and address global challenges effectively.

Analysis of the Influence of Bank Credit on Economic Growth in West Nusa Tenggara Province

2024-12-23T08:53:09+00:00

This research is motivated by the influence of banking credit on economic growth in NTB. The purpose is to analyze in depth the effect of bank lending consisting of investment loans, working capital loans and consumptive loans in NTB Province on the economic growth of NTB Province. The type of research used is descriptive quantitative. The type of data used in this study is time series data. The source of data used in this study is secondary data collected through documentation techniques, where data collection is done by studying some of the data contained in the archives, economic report documents, BPS NTB Province and Bank Indonesia from 2010 - 2023. Data analysis used is multiple linear regression. The results showed that investment credit and working capital credit partially had a positive and significant effect on economic growth in NTB, but consumptive credit showed that partially had no significant effect on economic growth in NTB. While simultaneously, the variables of investment credit, working capital credit and consumptive credit together have a positive and significant effect on economic growth in NTB.

Evaluating the Role of BRICS in Shaping Global Economic Governance: A Comparative Analysis of Policy Approaches and Outcomes

2024-12-30T04:31:36+00:00

This study evaluates the role of BRICS (Brazil, Russia, India, China, and South Africa) in shaping global economic governance through a normative analysis of policy approaches and outcomes. By examining the collective strategies and individual priorities of BRICS nations, the research highlights their contributions to global economic equity, inclusivity, and sustainability. Key initiatives, such as the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA), are analyzed to assess their practical impact and alignment with normative principles. While BRICS has made significant strides in promoting reforms and fostering multilateral cooperation, internal tensions and geopolitical challenges have limited its ability to present a cohesive front. This study concludes that BRICS has substantial potential to redefine global governance, provided it strengthens internal unity and enhances its normative vision for a more inclusive international system.

Analyze Brand Ambassadors and Advertising Through Brand Image on Buyer Decisions

2024-12-27T09:12:19+00:00

The purpose of this study is to see how advertising and brand representation influence consumer purchasing decisions, both directly and through brand image as a mediating variable. The background of the study was McDonald's strategic collaboration with BTS, which capitalized on the group's global popularity to attract customers through BTS Meal products. This phenomenon shows how marketing elements are crucial in influencing consumer behavior, especially children. This study used a quantitative approach with primary data collected through questionnaires. Respondents were customers who had purchased the BTS Meal at McDonald's Sukabumi. Structural Equation Model (SEM) was used to analyze the data. The study showed that advertising and brand ambassadors have a significant influence on the formation of brand image, which in turn affects consumers' decision to purchase goods. Advertising has a direct impact, but brand ambassadors do not. The implications of this study suggest companies should prioritise marketing strategies that utilise innovative and consistent advertising if they want to build a strong brand reputation. The right brand ambassador can enhance brand reputation, but to influence purchasing decisions directly, a more comprehensive strategy must be integrated. The results offer guidelines for other businesses to create successful marketing campaigns that utilise the synergy of branding elements to enhance brand appeal and increase consumer loyalty. To build stronger emotional connection with consumers, the study emphasises the importance of understanding the social and cultural dynamics of the target market.

The Effect of Financial Literacy, Access to Capital, Entrepreneurial Orientation, and Market Orientation on the Growth and Sustainability of Micro and Small Enterprises in Palembang

2024-12-23T08:53:45+00:00

This study examines the impact of financial literacy, capital accessibility, entrepreneurial orientation, and market orientation on the growth and sustainability of Micro and Small Enterprises (MSEs) in Palembang. Using quantitative analysis on a sample of 170 MSEs and Structural Equation Modeling - Partial Least Squares (SEM-PLS), the results show that these factors significantly influence the success of MSEs. Financial literacy enhances entrepreneurial thinking and market orientation, while access to capital supports both. This study highlights the importance of improving financial knowledge, increasing access to funding, and adapting to market conditions to foster MSE growth. These insights are valuable for policymakers, financial institutions, and businesses.

The Evolution of the BRICS Trade Alliance: Analysing Strategic Partnerships and Economic Interdependence in the Global South

2024-12-30T04:30:47+00:00

The BRICS alliance—comprising Brazil, Russia, India, China, and South Africa—has emerged as a vital platform for fostering economic interdependence and strategic partnerships in the Global South. This study employs a normative juridical approach to analyze the legal frameworks, trade mechanisms, and institutional structures underpinning the alliance. Findings reveal that initiatives such as the New Development Bank, intra-BRICS trade agreements, and currency swap arrangements have strengthened collaboration among member states. However, challenges such as trade imbalances, geopolitical tensions, and institutional inefficiencies persist. This paper highlights the potential of BRICS to reshape global economic governance by advocating for equitable trade practices and promoting sustainable development in the Global South.

Effect of Climate Change on Agricultural Productivity in Nigeria (1991-2022)

2024-12-27T09:09:02+00:00

This research work examines the effect of climate change on the agricultural productivity in Nigeria from 1991 to 2022, a period of 32 years. This research work applies the Sustainable Livelihood Theory as a theoretical framework and an Autoregressive Distributed Lag Model (ARDL) was estimated. The data used in the research work was sourced from Central Bank of Nigeria Statistical Bulletin of 2022 and the World Bank Data Bank on Agricultural GDP, Rainfall, Temperature and Carbon Emissions. The Unit root test and the bounds test were employed to check for the stochastic properties of the series and the presence of a long run relationship between the variables. The results showed that climate change variables (rainfall, temperature and carbon emissions) all exert a negative effect on agricultural productivity in both short and long run. The Error Correction Mechanism revealed that a disequilibrium in climate change can be corrected at a speed of 8% annually. In the light of the empirical evidence regarding the negative effect of climate change on agricultural productivity, it is recommended that there should be existence of institutional support system that will aid farmers in further understanding anticipated climate change which will help cushion the effect of climate change.

The Role of Profitability and Dividend Policy in Mediated and Moderate the Company Growth Relationship with Firm Value

2024-12-27T09:11:24+00:00

This study aims to determine the effect of Company Growth proxied by Earnings Growth (X) on Firm Value proxied by Price to Book Value (Y) through Profitability proxied by Return on Asset (Z) as a mediating variable and Dividend Policy proxied by Dividend Payout Ratio (M) as a moderating variable in Insurance Sub-Sector Companies listed on the Indonesia Stock Exchange for the period 2015 - 2021. The population used in this study were all Insurance Sub-Sector companies listed on the Indonesia Stock Exchange for the period 2015 - 2021. The sample of this study amounted to 11 companies from 14 total populations using purposive sampling method. The data analysis technique used in this research is Partial Least Square with the help of SmartPLS 3.0 software. The results of this study indicate that: (1) Company Growth has a positive and significant effect on Profitability, (2) Company Growth has no effect on Firm Value, (3) Profitability has a positive and significant effect on Firm Value, (4) Profitability is able to mediate the relationship between the effect of Company Growth on Firm Value, (5) Dividend Policy is unable to moderate the relationship between the effect of Company Growth on Firm Value.

The Impact of Smart Contracts and Decentralized Finance Platforms on Transaction Costs in Indonesia's Traditional Economy

2024-12-23T08:51:02+00:00

This study examines the impact of smart contracts and decentralized finance (DeFi) platforms on transaction costs within Indonesia's traditional economy. Using a quantitative approach, the research involved 60 respondents engaged in traditional economic sectors, utilizing a Likert scale (1-5) to gather perceptions on the efficiency, transparency, and cost-reduction potential of these technologies. Data were analyzed using SPSS version 25, with results indicating that both smart contracts and DeFi platforms significantly reduce transaction costs. Smart contracts were found to automate agreements and enhance trust, while DeFi platforms increased accessibility and reduced financial barriers. Regression analysis revealed that these technologies collectively explain 62% of the variance in transaction costs. The findings underscore the transformative potential of blockchain technologies in Indonesia's traditional economy, offering practical implications for stakeholders and policymakers to address technological and regulatory challenges. This research provides valuable insights for the integration of blockchain solutions in fostering economic efficiency and sustainability.

Encouraging Community Empowerment and Local Economic In-dependence in Villages through Sustainable Economic Develop-ment Techniques

2024-12-23T08:54:25+00:00

With an emphasis on local economic independence and community empowerment, this publication examines sustainable economic development tactics in villages. The purpose of this study is to present an integrated and comprehensive picture of sustainable village economic development. The researchers assessed economic development initiatives in several community areas in Indonesia, using qualitative descriptive methods. The study findings suggest that a comprehensive and integrated approach that considers the economic, social, cultural, and environmental demands of the local population is necessary for sustainable economic development in villages. To achieve local economic independence, community empowerment through active community involvement in the formulation and implementation of economic development programs is essential. The authors of this article suggest a sustainable economic development plan for villages that is based on the ideas of community empowerment and participation. Leveraging local resources, strengthening organizations and cooperatives, empowering women and youth, developing small and medium enterprises and the agricultural sector, and implementing sustainable environmental management are all part of this plan. In conclusion, a comprehensive and integrated approach that emphasizes local economic independence and community empowerment can lead to sustainable economic development in villages. Such a plan can improve the welfare of village communities and encourage sustainable economic growth.

Analysis of Factors that Form the Surplus of Last Year's Budget Calculation (SiLPA) In the Mataram City Regional Budget for the 2012 - 2022 Period

2024-12-27T09:09:54+00:00

This study is entitled "Analysis of Factors Forming the Surplus of Last Year's Budget Calculation (SiLPA) in the Mataram City Regional Budget for the 2012-2022 Period". The purpose of this study is to analyze whether the excess of PAD, excess of balancing funds, excess of financing, and remaining savings in spending affect SiLPA partially or simultaneously. This type of research is a quantitative descriptive study, namely describing the remaining budget calculations carried out to determine the value of the independent variables that significantly affect the dependent variable. The data used are secondary data analyzed by statistical analysis. The analysis tool used in this study uses multiple linear regression statistical tests. The results of the study concluded that the excess of PAD, excess of balancing funds, excess of financing, and remaining savings in spending significantly affect SiLPA in the Mataram City Regional Budget for the 2012-2022 period in partial tests (alone) and simultaneous tests (together).

Analysis of Factors Affecting Business Income in the Fish Satay MSME Sector in Tanjung Village, North Lombok Regency

2024-12-27T09:10:42+00:00

This study analyzes the effect of business capital, labor, and working hours on income in fish satay UMKM in Tanjung Village, North Lombok Regency. This study uses a quantitative research type with primary data. Data were obtained from the results of the questionnaire, the number of data obtained was 31 respondents. The analysis tools used were multiple linear regression, determination coefficient test (R2), t test and simultaneous coefficient significance test (f test). The results of this study indicate that the variables of business capital, labor, and working hours simultaneously have a significant effect on business income. While the R2 value is 0.808, this means that 8.8% of business income is influenced by the variables above, the rest is influenced by other variables outside this study.