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Examining The Effects of Technology Adoption, Cultural Values, Social Capital, and Government Policies on Entrepreneurial Success and Social Impact in Indonesia

Year: 2024

Type: article

Abstract: This study examines the intricate dynamics of Indonesia's entrepreneurial ecosystem nexus and looks into how government policies, cultural norms, technological adoption, and social capital affect both social impact and entrepreneurial success. 350 entrepreneurs are included in a broad sample and a quantitative methodology is used. Partial least squares structural equation modeling made it easier to analyze direct and indirect links, and model fit indices confirmed that the model fit the data. The findings demonstrate how government regulations, social capital, cultural norms, and technological adoption all have a big impact on social impact and entrepreneurial success. Because all components of Indonesia's entrepreneurial ecosystem are interrelated, this study emphasizes practical lessons for entrepreneurs, politicians, and academics.

Source: International Journal of Business Law and Education

DOI: 10.56442/ijble.v5i1.402

Authors: Akmal Akmal, Asriany Asriany, Nurjannah Bando, Mihrani Mihrani, Mariam Mariam

Institution: Politeknik Pertanian Negeri Pangkajene Kepulauan

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure, Peace, justice, and strong institutions

Open Access status: hybrid

Funder: European Commission