The Role of Government Support and User Innovativeness to Entrepreneurs (Case study of SME’s in Depok, Indonesia)

Abstract

This study aims to examine the influence of external and internal factors, in this case government support and owner-manager innovation, on the attitude of owner-managers of MSMEs towards FINTECH. This study uses the Structural Equation Modeling - Partial Least Square approach using SmartPLS version 3.2.4 to examine the research hypotheses. The respondents of this study were 64 MSME owner-managers in Depok, West Java. The study indicates that government support and owner-manager innovation have a significant and positive influence on their attitudes towards FINTECH. The imperative results of this study recommend FINTECH business owners to support government activities in inspiring and motivating MSME business owners in Depok to continue developing personal creativities that represent the innovations of each owner-manager of MSME.

Analysis of Information System Development in the Context of the Latest Technological Era: Challenges and Potential for Success

“…Some of the factors that influence the adoption of information technology (IT) in MSMEs include compatibility, ICT experience, and customer pressure [7]. MSMEs can also benefit from government support and owner-manager innovation, which can positively influence their attitude towards fintech [8]. In addition, the use of fintech can help MSMEs overcome capital constraints, facilitate online trade transactions, and improve bookkeeping and inter-regional product marketing [9].…”

Identifikasi Faktor-Faktor Pendorong Adopsi Fintech pada UMKM di Priangan Timur

“…Hasil pengujian menunjukkan innovativeness memiliki pengaruh yang paling kuat dalam mendorong adopsi fintech pada UMKM (t=8,685). Adanya pengaruh innovativeness dalam membentuk niat untuk menggunakan fintech juga ditemukan pada studi yang dilakukan oleh Setiawan et al (2021), Shaikh et al (2020), dan Pratama et al (2020).…”