Impact of Entrepreneurial Self-Efficacy and Entrepreneurial Motivation on Micro and Small Business Success for Food and Beverage Sector in East Java, Indonesia

Abstract

The research aims to examine the impact of entrepreneurial self-efficacy and entrepreneurial motivation on the success of the food and beverage (F&B) sector’s micro and small enterprises (MSEs). The sample was selected using purposive sampling techniques from 267 MSE owners in the F&B businesses in Madiun City, Madiun Regency, and Magetan Regency, East Java, Indonesia. The test results of the hypothesis showed that: (1) partially, self-efficacy entrepreneurship and entrepreneurial motivation are significantly positive on business success in micro and small F&B businesses in East Java, Indonesia; (2) entrepreneurial motivation acts as a partial mediation of the influence of self-efficacy entrepreneurship on the business success of micro and small businesses in the field of food and beverage in East Java, Indonesia; abd (3) simultaneously, self-efficacy entrepreneurship and the influence of entrepreneurial motivation are significantly positive on business success in micro and small businesses in the food and beverage fields of East Java, Indonesia. The results showed that self-efficacy and motivation in entrepreneurship are necessary because they affect business success, particularly in micro and small F&B businesses in Indonesia. Further research can explore other factors that influence business success by expanding the research area and other types of creative industry businesses. Further research could explore other factors influencing business success by expanding research areas, such as entrepreneurial leadership and innovative work behavior.

The Effect of Entrepreneurial Self-Efficacy on the Performance of Small Businesses in Algeria: A Case Study in Skikda

“…As a conclusion, it can be seen that there is a statistically significant effect at the 0.05 level of significance for the Entrepreneurial Self-Efficacy on the performance of the small business in skikda (this result synchronizes with the results of Srimulyani, Hermanto, 2022;Zubair et al, 2021;Shen et al, 2021;Klongthong et al 2020), whereas (27.7%) of changes in the performance of the small business in Skikda resulting from the change in the level of the Entrepreneurial Self-Efficacy, Which calls for the need to work to enhance this efficiency for the owners of these businesses, especially in light of competition and the increase in the number of this type of business in Algeria.…”

“…H5: There is a statistically significant effect at the 0.05 level of significance for the Entrepreneurial Self-Efficacy on the performance of the small business in Skikda. The table above shows that there is an effect of the Entrepreneurial Self-Efficacy on the performance of the small business in Skikda (this result synchronizes with the results of Srimulyani, Hermanto, 2022;Zubair et al, 2021;Shen et al, 2021), as the correlation coefficient reached (0.526) at a level of significance of 0,000 less than 0.05, while the determination coefficient reached (0.277), means its value (27.7%) of changes in the performance of the small business in Skikda resulting from the change in the level of the Entrepreneurial Self-Efficacy. The significance of this effect confirms the value of F (16.828), which is a function at a level less than 0.05, and this confirms the validity of the main hypothesis, which says: there is a statistically significant impact at the 0.05 level of significance for the Entrepreneurial Self-Efficacy on the performance of the small business in Skikda.…”

“…Several studies at the institutional level and in the field of entrepreneurial behavior have shown a positive effect of the entrepreneurial self-efficacy component as one of the internal entrepreneurial capabilities on the performance and competitiveness of small and medium enterprises (Srimulyani, Hermanto, 2022;Zubair et al, 2021;Shen et al, 2021;and Klongthong et al, 2020), This is what the research seeks through the essential question of the impact that entrepreneurial self-efficacy can have on the performance of small enterprises in Algeria (Skikda).…”

Travel-Business Stagnation and SME Business Turbulence in the Tourism Sector in the Era of the COVID-19 Pandemic

“…These principles contribute to increasing the productivity of the travel business and SMEs in the tourism sector in the North Toraja Regency. Human capital, investment in entrepreneurial leadership, and innovative work behavior are critical elements to the success of all businesses [117,118]. Furthermore, business innovation, economic digitization, technology utilization, business stability and economic-business sustainability are presented in Figure 9 below.…”

Entrepreneurial personality and motive: A study of Hungarian early-stage entrepreneurs using GEM data

“…Recent studies have also begun to consider motive alongside other factors, such as earnings (van Stel et al, 2018) and socioeconomic status (Yu et al, 2021). Some studies have also examined the link between motive and business success (e.g., Abrar ul Haq, Victor, & Akram, 2021; Srimulyani & Hermanto, 2022).…”