TY - JOUR
T1 - Sustaining the development of MSEs in Indonesia
T2 - 2018 International Conference Series on Life Cycle Assessment: Life Cycle Assessment as A Metric to Achieve Sustainable Development Goals, ICSoLCA 2018
AU - Pertiwi, Indah
AU - Prijadi, Ruslan
N1 - Funding Information:
This research is supported by Hibah PITTA 2018 funded by DRPM Universitas Indonesia.
Funding Information:
Abstract. MSEs contribute much to the Indonesian economy and play a crucial role in achieving Sustainable Development Goals (SDGs) Unfortunately, MSEs still have limited access to finance. Financing access (SDGs’ issue), support from the government (environmental aspect), and entrepreneurial traits (inside the MSEs) are central for MSEs’ sustainability. This research investigates the role of a business environment built by the government to ease financial constraints and support self-efficacy in MSEs’ sustain able growth. This research applies the Structural Equation Model method to 750 respondents. Initially the direct factors are estimated and then a moderating factor is added. The results find that financial constraints MSEs’ experience limits the their sustainability, whereas self-efficacy enhances it. Although MSEs possess strong entrepreneurial characteristics as the basis for their growth, financing access remains a burden. The research confirms that the business environment created by the government is an effective strategy to facilitate MSEs’ sustainability. However, MSEs’ sustainability cannot be improved merely by government schemes but must be supported by the financial and banking sectors.
Publisher Copyright:
© The Authors, published by EDP Sciences, 2018.
PY - 2018/12/12
Y1 - 2018/12/12
N2 - MSEs contribute much to the Indonesian economy and play a crucial role in achieving Sustainable Development Goals (SDGs) Unfortunately, MSEs still have limited access to finance. Financing access (SDGs' issue), support from the government (environmental aspect), and entrepreneurial traits (inside the MSEs) are central for MSEs' sustainability. This research investigates the role of a business environment built by the government to ease financial constraints and support self-efficacy in MSEs' sustainable growth. This research applies the Structural Equation Model method to 750 respondents. Initially the direct factors are estimated and then a moderating factor is added. The results find that financial constraints MSEs' experience limits the their sustainability, whereas self-efficacy enhances it. Although MSEs possess strong entrepreneurial characteristics as the basis for their growth, financing access remains a burden. The research confirms that the business environment created by the government is an effective strategy to facilitate MSEs' sustainability. However, MSEs' sustainability cannot be improved merely by government schemes but must be supported by the financial and banking sectors.
AB - MSEs contribute much to the Indonesian economy and play a crucial role in achieving Sustainable Development Goals (SDGs) Unfortunately, MSEs still have limited access to finance. Financing access (SDGs' issue), support from the government (environmental aspect), and entrepreneurial traits (inside the MSEs) are central for MSEs' sustainability. This research investigates the role of a business environment built by the government to ease financial constraints and support self-efficacy in MSEs' sustainable growth. This research applies the Structural Equation Model method to 750 respondents. Initially the direct factors are estimated and then a moderating factor is added. The results find that financial constraints MSEs' experience limits the their sustainability, whereas self-efficacy enhances it. Although MSEs possess strong entrepreneurial characteristics as the basis for their growth, financing access remains a burden. The research confirms that the business environment created by the government is an effective strategy to facilitate MSEs' sustainability. However, MSEs' sustainability cannot be improved merely by government schemes but must be supported by the financial and banking sectors.
UR - http://www.scopus.com/inward/record.url?scp=85059075654&partnerID=8YFLogxK
U2 - 10.1051/e3sconf/20187404006
DO - 10.1051/e3sconf/20187404006
M3 - Conference article
AN - SCOPUS:85059075654
SN - 2555-0403
VL - 74
JO - E3S Web of Conferences
JF - E3S Web of Conferences
M1 - 04006
Y2 - 24 October 2018 through 25 October 2018
ER -