Research Article
Determinants of Micro, Small and Medium Enterprise in West Java Province
@INPROCEEDINGS{10.4108/eai.30-10-2021.2315826, author={Agus Supandi and Pudji Astuti and Wahyu Murti}, title={Determinants of Micro, Small and Medium Enterprise in West Java Province}, proceedings={Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia}, publisher={EAI}, proceedings_a={MIC}, year={2022}, month={1}, keywords={infrastructure; investment; gender empowerment index; inflation; msmes growth}, doi={10.4108/eai.30-10-2021.2315826} }- Agus Supandi
Pudji Astuti
Wahyu Murti
Year: 2022
Determinants of Micro, Small and Medium Enterprise in West Java Province
MIC
EAI
DOI: 10.4108/eai.30-10-2021.2315826
Abstract
In 2019, micro, small, and medium enterprises (MSMEs) in West Java contributed 13.24% to national economic growth. This has a positive impact on poverty reduction and employment. Given the importance of MSMEs, a study was conducted to analyze the influencing factors of the growth of MSMEs. The research method used in this study is the ordinary least square with multiple linear regression on the data panel. The independent variables are infrastructure, MSMEs investment growth, gender empowerment index, and inflation; while the dependent variable is MSMEs growth. The study results show that: (1) there is a significant effect of infrastructure, MSMEs investment growth, gender empowerment index, and inflation simultaneously on the growth of MSMEs; (2) there is no effect between infrastructure and the growth of MSMEs; (3) There is an influence of MSME investment growth on MSMEs growth; (4) The gender empowerment index has a considerable impact on MSMEs' development; and (5) inflation has a big impact on MSMEs' growth. The study's findings are projected to give an overview of how to boost MSMEs' growth during the Covid-19 epidemic by taking into account increased MSMEs investment, the women empowerment index, and inflation management.
