TY - JOUR
T1 - Entrepreneurial marketing orientation of young SME owners in Indonesia
AU - Astuti, Rifelly Dewi
AU - Balqiah, Tengku Ezni
N1 - Publisher Copyright:
Copyright © 2020 Inderscience Enterprises Ltd.
Copyright:
Copyright 2020 Elsevier B.V., All rights reserved.
PY - 2020
Y1 - 2020
N2 - Entrepreneurial marketing (EM) has been widely used as a term to differentiate the marketing practices of small and medium enterprises (SMEs) from established companies. As a variable, EM also attracts scholars to examine the concept deeper both in terms of instruments and methodology. This paper aims to develop an EM measurement that is appropriate for SMEs in Indonesia and construct an SME owner profile based on their EM orientation. This study was conducted both in qualitative and quantitative forms through a survey method. The 121 respondents were young SME owners. Based on an exploratory factor analysis (EFA), the results show that there are seven dimensions of EM, namely customer focus, innovativeness, value creation, opportunity focus, proactiveness, calculated risk taking, and resource leveraging. Furthermore, through a cluster analysis, this study also obtained the profiling of three groups of respondents based on the EM orientation level. Even though the definitions of SMEs are different in some countries, this study will identify EM in Indonesia as a developing country as being quite similar with EM in developed countries.
AB - Entrepreneurial marketing (EM) has been widely used as a term to differentiate the marketing practices of small and medium enterprises (SMEs) from established companies. As a variable, EM also attracts scholars to examine the concept deeper both in terms of instruments and methodology. This paper aims to develop an EM measurement that is appropriate for SMEs in Indonesia and construct an SME owner profile based on their EM orientation. This study was conducted both in qualitative and quantitative forms through a survey method. The 121 respondents were young SME owners. Based on an exploratory factor analysis (EFA), the results show that there are seven dimensions of EM, namely customer focus, innovativeness, value creation, opportunity focus, proactiveness, calculated risk taking, and resource leveraging. Furthermore, through a cluster analysis, this study also obtained the profiling of three groups of respondents based on the EM orientation level. Even though the definitions of SMEs are different in some countries, this study will identify EM in Indonesia as a developing country as being quite similar with EM in developed countries.
KW - Cluster analysis
KW - Developing country
KW - Entrepreneurial marketing
KW - Entrepreneurship
KW - Indonesia
KW - Marketing
KW - Small and medium enterprises
KW - SMEs
KW - Young business owners
UR - http://www.scopus.com/inward/record.url?scp=85093527600&partnerID=8YFLogxK
U2 - 10.1504/IJEV.2020.109591
DO - 10.1504/IJEV.2020.109591
M3 - Article
AN - SCOPUS:85093527600
SN - 1742-5360
VL - 12
SP - 376
EP - 394
JO - International Journal of Entrepreneurial Venturing
JF - International Journal of Entrepreneurial Venturing
IS - 4
ER -