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Entrepreneurship strategy for improving business performance using internet technology-based business application
Предпринимательская стратегия повышения эффективности бизнеса на основе интернет-технологий с использованием бизнес-приложений
Підприємницька стратегія підвищення ефективності бізнесу на основі Інтернет-технологій з використанням бізнес-додатків
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Abstract Purpose: to conduct an empirical test over the effect of entrepreneurship competency on business performance using Internet technology-based business applications. Design/Method/Approach: The research population is from small-and-medium Enterprises (SMEs) in the city of Tarakan. The determined sampl... view more
Purpose: to conduct an empirical test over the effect of entrepreneurship competency on business performance using Internet technology-based business applications. Design/Method/Approach: The research population is from small-and-medium Enterprises (SMEs) in the city of Tarakan. The determined sample is based on the observed area; hence, the technique is called probability sampling area. The data analysis technique is Partial Least Square-Structural Equation Modelling (PLS-SEM), run by WarpPls 6.0. Findings: This research's results indicate that entrepreneurship competency has a positive impact on Internet technology-based business applications. Besides, internet technology-based business application mediates the effect of entrepreneurship competency on business performance. Theoretical implications: The results support the Resource-Based View Theory, stating that the competitive advantage of an enterprise is derived from its unique resource. Practical implications: Internet technology-based business applications can be used as entrepreneurship strategies to develop business performance. Originality/Value: The originality of this research is the internet technology-based business application as a mediating variable between entrepreneurship competence and business performance. Research limitations/Future research: The research has its limitations; it only uses limited SME research samples in the city of Tarakan. Future research can expand the sample through other Indonesian cities.... view less
Keywords
enterprise; economic development (single enterprise); competitiveness; new technology; Internet; small business; medium-sized firm; Indonesia; Southeast Asia
Classification
Management Science
Method
empirical
Free Keywords
entrepreneurship; competency; online business
Document language
English
Publication Year
2019
Page/Pages
p. 36-45
Journal
European Journal of Management Issues, 27 (2019) 1-2
ISSN
2523-451X
Status
Published Version; peer reviewed