Proceedings of International Conference of Social Science, ICOSS 2018, Denpasar, Indonesia

Research Article

The Influence Effect of Entrepreneurial Orientation and Funding Decision Toward the Business Performance (A Study on of SMEs on Bali)

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  • @INPROCEEDINGS{10.4108/eai.21-9-2018.2281161,
        author={Imam Kreswanto and Agus Putra Mardika and Anik Puspa Ningsih},
        title={The Influence Effect of  Entrepreneurial Orientation and Funding Decision Toward the Business Performance (A Study on of SMEs on Bali)},
        proceedings={Proceedings of International Conference of Social Science, ICOSS 2018, Denpasar, Indonesia},
        publisher={EAI},
        proceedings_a={ICOSS},
        year={2019},
        month={1},
        keywords={funding decisions entrepreneurial orientation financial performance and smes},
        doi={10.4108/eai.21-9-2018.2281161}
    }
    
  • Imam Kreswanto
    Agus Putra Mardika
    Anik Puspa Ningsih
    Year: 2019
    The Influence Effect of Entrepreneurial Orientation and Funding Decision Toward the Business Performance (A Study on of SMEs on Bali)
    ICOSS
    EAI
    DOI: 10.4108/eai.21-9-2018.2281161
Imam Kreswanto1,*, Agus Putra Mardika1, Anik Puspa Ningsih1
  • 1: Universitas Warmadewa
*Contact email: imamkreswanto91@gmail.com

Abstract

SMEs spa products are currently being sought by local and foreign tourists. SMEs spa product in Bali has been able to penetrate the international market. Various problems faced by SMEs cause interference to increase business performance. Business performance is measured by financial performance of SMEs. The present study determines the financial performance of SMEs spa, viewed of the funding decisions and entrepreneurial orientation. The subjects are 8 spa products existing in SMEs Bali registered in the Department of Cooperative and SMEs Bali Province. Data analysis was carried out using partial least squares (PLS). It was found that the entrepreneurial orientation has a positive and significant impact on the sustainability of the business. Funding decision significantly has positive effect on business continuity and entrepreneurial orientation