Research Article
Financial Education, Digital Innovation and Financial Behavior: Evidence from Entrepreneurs in Indonesia
@INPROCEEDINGS{10.4108/eai.1-11-2023.2355289, author={Zahroh Zainal Abidin and Maria Goretti Wi Endang Nirowati Pamungkas and Rachma Bhakti Utami and Saiful Rahman Yuniarto and Gunawan Eko Nurtjahjono}, title={Financial Education, Digital Innovation and Financial Behavior: Evidence from Entrepreneurs in Indonesia}, proceedings={Proceedings of the 6th Annual International Conference on Business and Public Administration, AICOBPA 2023, 1 November 2023, Malang, Indonesia}, publisher={EAI}, proceedings_a={AICOBPA}, year={2025}, month={12}, keywords={financial education digital innovation financial behavior}, doi={10.4108/eai.1-11-2023.2355289} }- Zahroh Zainal Abidin
Maria Goretti Wi Endang Nirowati Pamungkas
Rachma Bhakti Utami
Saiful Rahman Yuniarto
Gunawan Eko Nurtjahjono
Year: 2025
Financial Education, Digital Innovation and Financial Behavior: Evidence from Entrepreneurs in Indonesia
AICOBPA
EAI
DOI: 10.4108/eai.1-11-2023.2355289
Abstract
This study aims to determine how financial education, digital innovation, and financial behavior relate. Data were analyzed using Partial Least Squares (PLS). This study covers 50 Small and Medium Enterprises (SMEs) in Malang, East Java, Indonesia. This study shows that financial education and digital innovation significantly impact SMEs and economic behavior in Indonesia. This study recommends applying financial education and digital innovation to SMEs. In addition, this study suggests that the government pays more attention to the digitization of SMEs in general and the development of SMEs in Malang City. It is important to note that in the pandemic crisis, technology has significantly helped SMEs survive. The infrastructure supporting digitization, such as easily accessible internet connections, can be improved, especially in remote areas of the country.
