Analysis growth of MSME’s through sustainable development goals, entrepreneurship development, and digital financial reports
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Published:
Nov 30, 2023
Keywords:
Digital Financial Reports, Sustainable Development Goals, Entrepreneurship Development, Msme’s Growth
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Economy
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Abstract
The main function of sustainable development is one of the important abilities and skills needed by msme’s business actors to manage their finances and achieve the best business performance. The aim of this research is to analyze the impact of sustainable development and entrepreneurship development on the growth of msme’s in the city of Medan mediated by digital financial reports. This research uses a quantitative descriptive method with an explanatory research approach. data was obtained from a sample of 100 business actors in Medan city. The data analysis technique used is structural equation modeling – partial least squares (sem-pls). The research results show that the sustainable development goals, entrepreneurship development and digital financial reports influence the growth of msme’s in Medan city. Digital financial reports do not mediate the influence of the sustainable development goals and entrepreneurship development on the growth of msme’s in Medan city. The novelty of this research is its accuracy in providing information to stakeholders regarding the importance of sustainable development goals for msme’s business actors. therefore, stakeholders must strive to provide education to msme’s business actors about the importance of the sustainable development goals
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How to Cite
Azhar, I. A. S. ., Parluhutan, T. A. ., Ismai, M. ., Br Sitepu, Y. L. . and Nurhadi, I. . (2023) “Analysis growth of MSME’s through sustainable development goals, entrepreneurship development, and digital financial reports”, Jurnal Mantik, 7(3), pp. 2790-2798. doi: 10.35335/mantik.v7i3.4292.
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Zulfahmi, A. (2022). Optimalisasi Keuangan Usaha Mikro, Kecil, dan Menengah (UMKM) Batok Atha Craft dengan Aplikasi Financial Digital. Jurnal Politeknik Negeri Ketapang, Vol: 2 Hal 2-8.
al., R. N. (2023). Financial Literation Reporting Training inthe MSME Group of the Kraton Kemantren. . PROCEEDING INTERNATIONAL CONFERENCE OF COMMUNITY SERVICE. (pp. 1-7). Yogyakarta: https://prosiding.umy.ac.id/iccs/index.php/iccs/article/view/27.
Fatimah, A. N. (2022). ENTERPRENEURSHIP ANALYSIS AND MODEL PLANNING FOR STUDENTS AND ALUMNI TO FORM MSME ENTREPRENEURS. Jurnal Pemikiran dan Penelitian Administrasi Bisnis dan Kewirausahaan, Vol.7, Hal: 1-9.
Fitria M., Y. &. (2018). The Effect of Financial Literacy on Growth and Sustainability of SMEs (Small and Medium Enterprises) in the Handicraft Sector in Padang City. International Journal of Progressive Sciences and Technologies, 1-15.
Iqbal, e. a. (2020). FINDING WAYS TO GROWING SMEs in WEST JAVA. Journal of Economics, Business and Accounting Research (IJEBAR), Journal Vol-4, Issue-3 171 .
M.T. Febriyantoro, D. (December 2018). Utilization of digital marketing for micro, small and medium enterprises in the era of ASEAN economic community, JMD. Jurnal Manajemen Dewantara, 1(2), 62-76. DOI: DOI: 10.26533/jmd.v1i2.175.
Nalini, S. (Januari 2021). Impact of Covid-19 on Micro, Small and Medium Enterprise. Jurnal Ekonomi & Ekonomi Syariah, Pages 4 (1) DOI: https://doi.org/10.36778/jesya.v4i1.278C.
Nguyen, V. T. (2020). The Correlation between Financial Literacy and Personal Saving Behavior in Vietnam. Journal Asian Economic and Financial Review, 10(6), 590–603. https://doi.org/10.18488/journal.aefr.2020.106.590.603.
Oktara, &. W. (2019). Sabilla Sonya Pengaruh Literasi Keuangan Terhadap Pertumbuhan Usaha Pada UMKM. . journal unla, 3(1). http://journal.unla.ac.id/index.php/almana/article/view/457.
Prakasa, Y. (2020). ENTREPRENEURIAL CLIMATE AND ENTREPRENEURIAL COMPETENCE IN IMPROVING BUSINESS PERFORMANCE . Journal of Entrepreneurship and Business, Vol.21 Hal 1-10 .
Purba, M. I. (2021). The effect of digital marketing and e-commerce on financial performance and business sustainability of MSMEs during COVID-19 pandemic in Indonesia. . International Journal, 4-7.
Purwidianti, W. &. (2019). The Effect of Financial Literacy and Financial Experience on SME Financial Behavior in Indonesia. . Jurnal Dinamika Manajemen , 10(1), 40–45. https://doi.org/10.15294/jdm.v10i1.16937.
Putri, Y. P. (2020). IKLIM KEWIRAUSAHAAN DAN KOMPETENSI KEWIRAUSAHAAN:UPAYA UNTUK MENINGKATKAN KINERJA USAHA (STUDI PADAUMKM BATIK TULIS BAYAT, KLATEN). Jurnal Kewirausahaan dan Bisnis, Vol.25 Hal 1-15.
Santoso. (2021). The influence of financial literacy and financial technology on financial inclusion of students in faculty of economics and business universitas brawijaya. Student Scientific Journal of the Faculty of Economics and Business, Vol:9 No.1.
Sitompul, D. P. (2021). Implementation of entrepreneurial Marketing in improving Sustainability Performance of SME in pandemic Age : Case study on start up in medan. Journal international Of business, economics and Management, 301-309.
Situmorang, S. H. (2016). Analisis Data: Untuk Riset Manajemen dan Bisnis. Medan: USU Press.
Stella, G. P. (2020). The Effects of Financial Education on Financial Literacy in Italy. . International Business Research, 13(4), 44. https://doi.org/10.5539/ibr.v13n4p44.
Sugiyono. (2016). Metode Penelitian Kuantitatif, Kualitatif dan R&D. . Semarang: https://ecampus.unusia.ac.id/pustaka_unusia/main/search?pengarang=Sugiyono.
Susana, H. e. (2022). Sutisna Performance and sustainability model of wajit cililin small business in cililin sub-district west bandung regency. Jurnal Ilmu Administrasi. Universitas Padjadjaran., Vol:19. No 2. Hal 1-11.
Syauqi. (2023). The Effect of Financial Technology (Fintech) on Development of SME with Financial Inclusion as A Mediation Variable: Study on SME'S Creative Economic Sector in Lombok. Internation journal of multicultural and multireligious understanding., V.
Wardani, S. I. (2022). The Role of Micro,Small and Medium Enterprises (MSMEs) In Promoting SDGs in Blitar. Journal Of management, Hal: 1-7.
W?odzimierz.S, J. &. (2020). Sustainable development goals and sme decisions: the czech republic vs. poland . Journal of eastern european and central asian research , vol.7 no.1 .
Yeni, A. e. (2022). Analysis of Business Strategy of MSMEs in Medan City in the New Normal. Advances in Economics, Business and Management Research,, vol: 210, hal. 1-5. Universitas Sumatera Utara.
Yoshino Naoyuki, W. G. (2015). Financial Education in Asia: Assessment and Recommendations. . Japan: ADBI Working Paper Series, 534.
Zulfahmi, A. (2022). Optimalisasi Keuangan Usaha Mikro, Kecil, dan Menengah (UMKM) Batok Atha Craft dengan Aplikasi Financial Digital. Jurnal Politeknik Negeri Ketapang, Vol: 2 Hal 2-8.
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