Proceedings of the 1st UMGESHIC International Seminar on Health, Social Science and Humanities (UMGESHIC-ISHSSH 2020)

The Role of Sensing Capability in Enhancing Small Business Performance

Authors
Lasmy, Tirta Nugraha Mursitama, Asnan Furinto, Setyo Hari Wijanto
Corresponding Author
Lasmy
Available Online 21 October 2021.
DOI
10.2991/assehr.k.211020.106How to use a DOI?
Keywords
Sensing Capability, Small Business, Performance
Abstract

Entrepreneurship has a significant role in a country’s economy. Entrepreneurs such as Indonesia SMEs have a workforce absorption of up to 116.6 million people or 97.02% in 2017, reaching 64 million units in 2018, able to contribute more than large-scale businesses to Indonesia’s GDP amounted to 61.07% in 2018 and is predicted to increase to 65% in 2019. However, Jokowi (2018) during his meeting with HIPMI said that the number of Indonesian entrepreneurs is still 3.1% while the standard in developed countries is more than 14%. This statement indicates the urgency of the need to increase the number of Indonesian entrepreneurs. The increasing number of women and men entrepreneurs who are oriented towards business growth is very important for the economy because they are the ones who create jobs, absorb unemployment, reduce poverty, involve the community, have high productivity, innovation and export. In contradiction, Deputy Chairman of The Entrepreneur Markplus. Inc. & President of the ICSB Indonesia and Chair of APINDO said that SMEs play a very important role in the Indonesian economy but not many SMEs competing for scaling up and even sustainability.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

Volume Title
Proceedings of the 1st UMGESHIC International Seminar on Health, Social Science and Humanities (UMGESHIC-ISHSSH 2020)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
21 October 2021
ISBN
978-94-6239-441-4
ISSN
2352-5398
DOI
10.2991/assehr.k.211020.106How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Lasmy
AU  - Tirta Nugraha Mursitama
AU  - Asnan Furinto
AU  - Setyo Hari Wijanto
PY  - 2021
DA  - 2021/10/21
TI  - The Role of Sensing Capability in Enhancing Small Business Performance
BT  - Proceedings of the 1st UMGESHIC International Seminar on Health, Social Science and Humanities (UMGESHIC-ISHSSH 2020)
PB  - Atlantis Press
SP  - 717
EP  - 722
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211020.106
DO  - 10.2991/assehr.k.211020.106
ID  - 2021
ER  -