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  • Enhancing Startup Business Performance Through Iterative Strategies and Lean Programs: Insights from Capital Cities in Indonesia to Unlock Central Asia’s Potential

    Enhancing Startup Business Performance Through Iterative Strategies and Lean Programs: Insights from Capital Cities in Indonesia to Unlock Central Asia’s Potential

    Authors: Muhammad Fahreza Aulia, Dini Turipanam Alamanda, Ubaidillah Zuhdi, Grisna Anggadwita, Dinar Mariam Kurniati, Eddy Soeryanto Soegoto

    DOI: 10.14453/aabfj.v18i4.13

    Abstract

    This study investigates the influence of the startup ecosystem on startup business performance in Capital Cities (Jakarta, Bogor, Depok, Tangerang, and Bekasi), emphasizing the roles of iterative incremental strategies and lean startup programs. This study also examines the similarities between Central Asian countries like Kazakhstan, Uzbekistan, and the Indonesia region. Central Asian countries face unique challenges, including less mature ecosystems, regulatory hurdles, and cultural attitudes toward entrepreneurship. Using Partial Least Squares Structural Equation Modeling (PLS-SEM) on data from startups aged 1-10 years, the research reveals that these strategies significantly mediate the relationship between ecosystem support and startup success, enhancing market optimization, innovation, and sustainability. Startups achieve better financial and nonfinancial outcomes by effectively leveraging ecosystem structures through agile methodologies. By drawing on capital city experiences, Central Asian policymakers can improve startup environments through robust support structures, regulatory clarity, and education on agile methodologies. This research offers a model for enhancing startup business performance via ecosystem support and strategic agility, informing policy and program development in other regions. © 2024, University of Wollongong. All rights reserved.

    Author keywords

    Iterative Strategies; Lean Startup Programs; Startup Business Performance; Startup Ecosystem

    This article can be accessed at https://www.scopus.com/pages/publications/85217047456

  • Implementation of Community-Based Android Application to Accommodate Public Aspiration in Economic Activities in Indonesia

    Authors: Rino Adibowo ; Rahadi Rahadi ; Ran Liu

    DOI: 10.15549/jeecar.v10i1.1078

    Abstract

    The purpose of this study is to see how optimizing the use of community-based smartphone apps to accommodate the community’s aspirations in economic activities in Karawang. The Department of Communications and Informatics of Karawang manages the process. The theory used in this study uses the theory of George C. Edwards III, in which there are four policy implementation variables. The results showed that the socialization carried out by the Communication and Informatics Office of Karawang to the community had been carried out according to the procedure but was not maximized evenly. This was because the resources had not been maximized in responding to incoming reports, and the complete support facilities were not yet available to manage smartphone apps. So, it can be concluded that the Department of Communication and Information Karawang needs a solution to solve this problem. © 2023, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author keywords

    Android application; community-based; implementation; public aspiration

    This article can be accessed at: https://www.scopus.com/pages/publications/85146870207

  • How Important is Financial Inclusion for the Performance of MSMEs?

    How Important is Financial Inclusion for the Performance of MSMEs?

    Author: Febriansyah A. ; Syafei M.Y. ; Narimawati U. ; Chochole T. ; Stakic A.J.

    DOI: 10.14453/aabfj.v18i5.04

    Abstract:

    This research explores the significance of financial inclusion for the performance of micro, small, and medium enterprises (MSMEs). Employing a mixed-method approach comprising qualitative and quantitative analyses, including descriptive and structural equation modeling analyses, the study gathers primary data through distributed questionnaires to MSMEs. The validity of the data is assessed through validity, reliability, and goodness-of-fit tests. Findings from previous research indicate a significant positive impact of financial inclusion on the performance of MSMEs, suggesting a strong relationship between financial inclusion and MSME performance. This correlation implies that increased financial inclusion enhances MSME performance, underscoring the crucial role of financial inclusion in fostering the growth and success of micro and small enterprises. The research informs government efforts to boost financial inclusion, enhancing MSME performance. Improved access to financial institutions in Indonesia for MSMEs is expected to lead to enhanced sales growth, customer expansion, and increased profitability, ultimately benefiting the broader economy. © 2024, University of Wollongong. All rights reserved.

    Author Keywords:

    Financial Inclusion; MSMEs; MSMEs Performance; Performance

  • Marketing Innovation: Development Strategy of Private University in Indonesia

    Authors: Mirza Abdi Khairusy ; Ratih Hurriyati ; Suwatno Suwatno ; Vanessa Gaffar ; Puspo Dewi Dirgantari ; Soni Mulyawan Setiana

    DOI: 10.15549/jeecar.v9i5.1073

    Abstract

    This research aims to determine the role of marketing innovation in developing the private university using the Structure Equation Model (SEM) analysis technique SmartPLS 3.0 through a quantitative survey design. The population in this study is new students from 21 private universities spread across the city of Serang. The sampling technique used purposive with a sample determination of 180. This study found that marketing innovation and brand image provided a competitive advantage and were used for student purchase intention considerations. This research contributes to steps that organizations can use in obtaining purchase intention. The COVID-19 pandemic has significantly impacted the economy and the field of higher education, especially private universities. The pandemic resulted in the closure of universities. It increased competition within the education sector in private universities through various approaches by academic institutions to provide higher-quality education during the COVID-19 restrictions. © 2022, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author Keywords

    brand image; competitive advantage; marketing innovation; purchase intention

    This article can be accessed at https://www.scopus.com/pages/publications/85141199105?

  • Adoption of Integrated Micro Banking Systems in Microfinance Institutions: An Analysis Using the Theory Acceptance Model

    Adoption of Integrated Micro Banking Systems in Microfinance Institutions: An Analysis Using the Theory Acceptance Model

    An Analysis Using the Theory Acceptance Model

    Author: Eti Kusmiati ; Lita Wulantika; Irfan Rizki Gumilar; Eka Yuliana; Prima Satriya Januarta

    DOI: 10.14453/aabfj.v18i5.05

    Abstract:

    This study examines the adoption of Integrated Micro Banking System technology using the Theory Acceptance Model in PT Lembaga Keuangan Mikro (MFI). Employing quantitative research methods with descriptive and associative approaches, the study focused on users of the Integrated Micro Banking System at PT LKM Garut Regency. A total of 83 individuals were sampled using a census sampling technique. Data was analysed using the Structural Equation Method – Partial Least Square (SEM-PLS). The findings showed that all six hypotheses developed supported the researchers’ initial guesses. Perceived Usefulness, Perceived Ease of Use, Perceived Trust, and Attitude, directly or indirectly, can explain and predict users’ adoption of Integrated Micro Banking System technology. Therefore, these results serve as a valuable reference, especially for the management team of Microfinance Institutions in adopting technology and formulating relevant policies. © 2024, University of Wollongong. All rights reserved.

    Author Keywords:

    Integrated Micro Banking System; Microfinance Institutions; Theory Acceptance Model

    This article can be accessed at https://www.scopus.com/pages/publications/85215129743

  • Sustainability Performance Impact of Corporate Performance in Indonesia Banking

    Author: Triyono Adi Tristanto ; Nugraha ; Ikaputera Waspada ; Mayasari ; Poni Sukaesih Kurniati

    DOI: 10.15549/jeecar.v10i4.1364

    Abstract

    The study empirically investigates how the sustainability performance affects corporate performance through Leverage which is moderated by managerial and institutional ownership. This research employs verification analysis and data analysis techniques based on conditional process analysis. Financial Sector Companies, especially Banks listed on the Indonesia Stock Exchange from 2018 to 2021, constitute the study population. The study’s findings indicate that: Leverage mediates the impact of Sustainability Performance on Corporate Performance which is moderated by Institutional Ownership, Managerial Ownership moderates the impact of Sustainability Performance on Corporate Performance and moderating the impact of Leverage on Corporate Performance, Institutional Ownership moderates the impact of Sustainability Performance on Corporate Performance and Institutional Ownership moderates the impact of Leverage on Corporate Performance. This conclusion is crucial for decision-makers who want to maximize sustainability performance to boost business performance. © 2023, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author keywords

    corporate governance; corporate performance; institutional ownership; leverage; managerial ownership; sustainability performance

    This article can be accessed at: https://www.scopus.com/pages/publications/85164126398

  • Identity Branding Using Knowledge Management 

    Through the Provision of Scientific Forums

    Authors: Umi Narimawati ; Syahrul Mauluddin ; Dadang Munandar ; Ran Liu

    DOI: 10.15549/jeecar.v10i1.1066

    Abstract

    This study aims to look at the implementation model of knowledge management (knowledge management) through the provision of scientific forums in private universities in West Java and its relationship with identity branding activities. Quantitative research using the meta-analysis method is used in this study. A total of 40 private universities in West Java were selected as samples. The results show that 40% of universities have national and international scientific forums, and 60% have national scientific conferences that have not been actively managed. Universities that have scientific forums and are actively managed so that the general public can access them as part of knowledge sharing are only around 20%. The absence of an ideal model that can be used as a reference in implementing knowledge management, and there are still some obstacles to implementing knowledge management at private universities in West Java. There is a direct relationship between implementing knowledge management through the provision of scientific forums and identity branding activities carried out by some private universities in West Java. © 2023, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author keywords

    branding; knowledge management; models; scientific forums; universities in West Java

    This article can be accessed at https://www.scopus.com/pages/publications/85146878991

  • Enhancing Inventory Efficiency: the Role of Strategic Management Accounting and Integrated Management Accounting Information systems

    Authors: Lilis Puspitawati, Iqbal Lhutfi, Inomjom Qudratov

    DOI: 10.1080/23311975.2024.2429801

    Abstract

    This study explores how strategic management accounting (SMA) and Management Accounting Information System (MAIS) are used in inventory management and their impact on efficiency. This study involved 114 café and restaurant managers in Bandung, Indonesia as the sample. Data were analysed with PLS software, revealing that SMA and MAIS positively affect managerial efficiency. However, this study found that not all cafés and restaurants implement these systems effectively due to poor integration of SMA and MAIS indicators. This research highlights that effective use of SMA and MAIS significantly improves inventory management by providing accurate and timely information, which supports better decision-making and improves business performance. SMA is particularly useful for understanding market trends and competitors’ costs, thus simplifying inventory management. This study introduces a new approach to managing stock quantities, leading to improved operational efficiency and competitive advantage. In addition, the study also emphasises the importance of risk assessment and technology in inventory management for more precise measurement and better management practices. © 2024 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.

    Author keywords

    Business, Management and Accounting; Information & Communication Technology (ICT); integrated management accounting information systems; Inventory efficiency; Management Accounting; managerial efficiency; operational efficiency; strategic management accounting

    This article can be accessed at https://www.scopus.com/pages/publications/85209938439

  • Regional Competitive Advantage of Agriculture as The Leading Sector in Garut Regency, West Java Province, Indonesia

    Authors: Lia Warlina ; Eddy Soeryanto Soegoto ; Sri Supatmi ; Dina Oktafiani ; Rakhmat Jatnika

    DOI: 10.15549/jeecar.v10i1.1084

    Abstract

    This research aims to determine agriculture as the leading sector for regional competitive advantage in the Garut Regency. The method used was Location Quotient, Shift-Share Analysis, and Klassen Typology to classify the sectors and determine the structural pattern of economic development in the Garut Regency. The findings of Location Quotient indicate that agriculture is the leading sector in Garut Regency. The shift-share calculation shows that agriculture has the highest national share and the most significant growth change but has a negative value on proportional shift (industry mix) and differential shift (competitive effect). Based on the Klassen typology, the agricultural sector is in Quadrant II, the developed but depressed industry. The results showed that the agriculture, forestry, and fisheries sector in Garut Regency has a competitive advantage, but it has not been supported structurally in West Java Province. © 2023, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author keywords

    agriculture; competitive advantages; Garut Regency; regional; sector

    This article can be accessed at: https://www.scopus.com/pages/publications/85146905241

  • Boosting Customer Trust: Pricing, Experience and Value 

    in Enchanting West Java Tourism

    Authors: Henny Utarsih ; Yuyus Suryana ; Sucherly ; Diana Sari ; Agus Riyanto

    DOI: 10.15549/jeecar.v10i6.1497

    Abstract

    This study investigates the influence of experiential marketing and price on customer trust, with customer value as a moderating factor. Employing a sample of 200 respondents using proportionate stratified random sampling, data is collected through a survey with a structured questionnaire. Analysis via Structured Equation Modeling (SEM) using LISREL software highlights significant effects. Price exhibits a notable impact on customer trust, emphasizing its role in shaping perceptions. Furthermore, the joint influence of experiential marketing and price underscores a holistic approach. The study contributes to understanding the nuanced interplay among these variables, aiding businesses in refining trust-building strategies. By recognizing customer value’s moderating role, this research provides valuable insights for effective customer relationship management. © 2023, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author Keywords

    customer trust; customer value; experiential marketing; price

    This article can be accessed at https://www.scopus.com/pages/publications/85178310462