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Human capital and entrepreneurial performance

The mediating effect of entrepreneurial innovation in Indonesia

Bibliographic Data

ID22110061
AuthorsAnissa Lestari Kadiyono (0000-0001-6134-6847, Padjadjaran University, corresponding author), Hery Susanto (0000-0002-7487-6035, Padjadjaran University)
Year2025
Volume11
Issue1
Publication date2025-12-31
Open AccessYes
TypeARTICLE
VenueCogent Social Sciences (JOURNAL)
Journal identifiersISSN: 2331-1886 • E-ISSN: 2331-1886
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/23311886.2025.2474191
OpenAlexW4408289733
LanguageEN
References cited68

Micro, Small, and Medium Enterprises (MSMEs) are pivotal to Indonesia’s economy, offering vast employment and significantly contributing to economic growth. However, the reinforcement of entrepreneurial roles remains underexplored, especially in the context of Indonesia’s vision to become "The Digital Energy of Asia" with an e-commerce boom. To address this, our study investigates the influence of human capital on entrepreneurial innovation and performance within the framework of Social Cognitive Theory. We scrutinized the multifaceted components of human capital—psychological, social, intellectual, and emotional—and their interplay with entrepreneurial innovation in enhancing MSME performance. Our research spans 587 Micro, Small, and Medium Enterprise (MSME) owners participating in Indonesia’s "Go Digital Training." We discover that not all human capital facets equally bolster entrepreneurial performance, highlighting entrepreneurial innovation behavior as a pivotal mediating factor. These insights provide a novel perspective for policymakers to bolster MSME performance, potentially catalyzing community economic advancement. This study contributes to the literature by dissecting the nuanced roles of human capital elements in the entrepreneurial ecosystem, a novel investigation in the context of Indonesian digital transformation

Business · Economic system · Economics · Entrepreneurship · Human capital · Industrial organization · Market economy · Entrepreneurship Studies and Influences · Family Business Performance and Succession · SMEs Development and Digital Marketing · Finance

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