바로가기메뉴

본문 바로가기 주메뉴 바로가기

logo

ISSN : 1738-3110

Article Contents

Next
Early Access e-Submission

Vol.19 No.11

Citation Share

Factors Supporting Business and its Distrubution to Business Resilience In New Normal Era

The Journal of Distribution Science / The Journal of Distribution Science, (P)1738-3110; (E)2093-7717
2021, v.19 no.11, pp.5-15
https://doi.org/https://doi.org/10.15722/jds.19.11.202111.5
HIDAYAT, Muhammad
LATIEF, Fitriani
WIDIAWATI, Andi
ASBARA, Nurkhalik W.
ZAENI, Nurhaeda
HIDAYAT,, M. , LATIEF,, F. , WIDIAWATI,, A. , ASBARA,, N. W. , & ZAENI,, N. (2021). Factors Supporting Business and its Distrubution to Business Resilience In New Normal Era. The Journal of Distribution Science, 19(11), 5-15, https://doi.org/https://doi.org/10.15722/jds.19.11.202111.5

Abstract

Purpose: The current study aims at knowing and testing factors supporting business and how to distribute it for resilience business in new normal era. Factors Supporting business resilience will be seen in terms of entrepreneurial competence, technology utilization and government support for business resilience through entrepreneurial spirit as an intervening variable. Research design, data, and methodology: A constructed questionnaire in direct survey and interview was conducted with 97 respondents in South Sulawesi. Partial Least Square (PLS) analysis, was utilized to analyze and verify all the data. Results: This study indicated entrepreneurial competence and utilization of technology have a positive and significant effect on entrepreneurial spirit, while government support has no significant effect on entrepreneurial spirit. This study also indicated that entrepreneurial spirit has a significant effect on business resilience. Conclusion: To increase business resilience, it is very important to have entrepreneurial skills and mastery on utilization of technology. To anticipate future crises, entrepreneurial competencies must be evenly distributed both for business owners and for all members of the organization. To institutionalize crisis management in business, it is important for SMEs in Indonesia to develop an institutionalized Business Crisis Management.

keywords
Factors Supporting Business, Competence Distribution, Business Resilience

Reference

1.

Ahmed, Y. A., Kar, B., & Ahmed, H. M. S. (2018). Critical Factors of Entrepreneurial Competencies for Successfully Managing Micro and Small Enterprise in Ethiopia. 7(7), 79-87. https://doi.org/10.9790/487X-2007018491

2.

Alesch, D. J., Arendt, L. A., & Holly, J. N. (2009). Managing for long-term recovery in the aftermath of disaster. In Fairfax, VA: Public Entity Risk Institute (PERI). Public Entity Risk Institute. pp. 1-205.

3.

Barazandeh, M., Parvizian, K., Alizadeh, M., & Khosravi, S.(2015). Investigating the effect of entrepreneurial competencies on business performance among early stage entrepreneurs Global Entrepreneurship Monitor (GEM 2010 survey data). Journal of Global Entrepreneurship Research, 5(1), 1-12. https://doi.org/10.1186/s40497-015-0037-4

4.

Boin, A. (2009). The new world of crises and crisis management:Implications for policymaking and research. Review of Policy Research, 26(4), 367-377.

5.

Buradum, T. F., Sam, A. D., & Brownson, K. H. (2018). Impact of Entrepreneurial Spirit on Resilience of Small and Medium Size Agribusinesses in Nigeria. 1(3), 79-87.

6.

Comfort, L. K. (2002). Rethinking security: Organizational fragility in extreme events. Public Administration Review, 62, 98-107.

7.

Doern, R., Williams, N., & Vorley, T. (2019). Special issue on entrepreneurship and crises: business as usual? An introduction and review of the literature. Entrepreneurship & Regional Development, 31(5-6), 400-412.

8.

Fisher, R., Maritz, A., & Lobo, A. (2016). Does individual resilience influence entrepreneurial success. Academy of Entrepreneurship Journal, 22(2), 39-53.

9.

Hidayat, M., Musa, C. I., Haerani, S., & Sudirman, I. (2015a). The Design of Curriculum Development Based on Entrepreneurship through Balanced Scorecard Approach. International Education Studies, 8(11), 123-138.

10.

Hidayat, M., & Yunus, U. (2019). The Entrepreneurship Learning in industrial 4.0 Era (Case Study in Indonesian college). In Journal of Entrepreneurship Education (Vol. 22). 1-15.

11.

Kaya, H. D. (2019). Government Support, Entrepreneurial Activity and Firm Growth. Socio Economic Challenges, 3(3), 5-12. https://doi.org/10.21272/sec.3(3).5-12.2019

12.

Kim, N., Pae, J. H., Han, J. K., & Srivastava, R. K. (2010). Utilization of business technologies: Managing relationship-based benefits for buying and supplying firms. Industrial Marketing Management, 39(3), 473-484.

13.

Korber, S., & McNaughton, R. B. (2018). Resilience and entrepreneurship: A systematic literature review. International Journal of Entrepreneurial Behaviour and Research, 24(7), 1129-1154. https://doi.org/10.1108/IJEBR-10-2016-0356

14.

Kuckertz, A., Brändle, L., Gaudig, A., Hinderer, S., Morales Reyes, C. A., Prochotta, A., … Berger, E. S. C. (2020a). Startups in times of crisis – A rapid response to the COVID-19 pandemic. Journal of Business Venturing Insights, 13(April). https://doi.org/10.1016/j.jbvi.2020.e00169. pp.1-13

15.

Ludmila Kozubikova, Jaroslav Belas, Yuriy Bilan, P. B. (2015). Personal Characteristics of Entrepreneurs in the Context of Perception and Managemet of Business Risk in the SME Segment. Economics and Sociology, 8(1), 41-54. https://doi.org/10.14254/2071

16.

Păunescu, C., Popescu, M. C., & Blid, L. (2018). Business impact analysis for business continuity: Evidence from Romanian enterprises on critical functions. Management and Marketing, 13(3), 1035-1050. https://doi.org/10.2478/MMCKS-2018-0021

17.

Runyan, R. C. (2006). Small business in the face of crisis:identifying barriers to recovery from a natural disaster 1. Journal of Contingencies and Crisis Management, 14(1), 12-26.

18.

Sánchez, J. (2012). The influence of entrepreneurial competencies on small firm performance. Revista Latinoamericana de Psicologia, 44(2), 165-177. https://doi.org/10.14349/rlp.v44i2.1040

19.

Umar, A., Che Cob, C. M. S., Che Omar, C. M. Z., & Gani Hamzah, M. S. (2018). Determinants of Entrepreneurial Competencies Development in Small and Medium Enterprises. International Journal of Business and Management, 14(1), 147. https://doi.org/10.5539/ijbm.v14n1p147

20.

Williams, T. A., Gruber, D. A., Sutcliffe, K. M., Shepherd, D. A., & Zhao, E. Y. (2017). Organizational response to adversity:Fusing crisis management and resilience research streams. Academy of Management Annals, 11(2), 733-769.

21.

Wong, W.-K., Cheung, H.-M., & Venuvinod, P. K. (2005). Individual entrepreneurial characteristics and entrepreneurial success potential. International Journal of Innovation and Technology Management, 2(03), 277-292.

22.

Yang, Y., & Kankanhalli, A. (2014). The Impact of Social Media Marketing on Online Small Business Performance. PACIS, 63.

The Journal of Distribution Science

Early Access e-Submission OA Policy