Proceedings of the Twelfth International Conference on Entrepreneurship and Business Management 2023 (ICEBM 2023)

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The Impact of Enterprise Networks, Innovation, and Propensity to Take Risks on the Success of SMEs in the Food and Beverage Sector in West Jakarta

Authors
Winna Meiliana1, *, Lydiawati Soelaiman1
1Faculty of Economics and Bussines, Universitas Tarumanagara, West Jakarta, 11440, Indonesia
*Corresponding author.
Corresponding Author
Winna Meiliana
Available Online 19 September 2024.
DOI
10.2991/978-94-6463-508-9_23How to use a DOI?
Keywords
enterprise networking; innovation; risk-taking tendency; enterprise success
Abstract

Micro, Small, and Medium Enterprises (SMEs) have made significant contributions to the Indonesian economy, especially in the fast-growing food and beverage sector. This study aims to investigate the influence of enterprise networks, innovation, and propensity to take risks on the success of SMEs in the food and beverage sector in West Jakarta. This research employs descriptive and quantitative methods, and the research hypothesis was tested using PLS-SEM with SmartPLS 4.0 software on 75 respondents. The population in this study comprised business owners or SME managers in the food and beverage field in West Jakarta. The questionnaires were distributed online and offline using nonprobability and purposive sampling techniques. The hypothesis test results revealed that business networks and the propensity to take risks did not significantly affect the business’s success. In contrast, innovation positively and significantly impacted the business’s success.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the Twelfth International Conference on Entrepreneurship and Business Management 2023 (ICEBM 2023)
Series
Atlantis Highlights in Economics, Business and Management
Publication Date
19 September 2024
ISBN
978-94-6463-508-9
ISSN
2667-1271
DOI
10.2991/978-94-6463-508-9_23How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Winna Meiliana
AU  - Lydiawati Soelaiman
PY  - 2024
DA  - 2024/09/19
TI  - The Impact of Enterprise Networks, Innovation, and Propensity to Take Risks on the Success of SMEs in the Food and Beverage Sector in West Jakarta
BT  - Proceedings of the Twelfth International Conference on Entrepreneurship and Business Management 2023 (ICEBM 2023)
PB  - Atlantis Press
SP  - 273
EP  - 281
SN  - 2667-1271
UR  - https://doi.org/10.2991/978-94-6463-508-9_23
DO  - 10.2991/978-94-6463-508-9_23
ID  - Meiliana2024
ER  -