Analysis Community Competence Development in Improving Live through Small and Medium Enterprise Investment in the Pandemic Era in East Timor
Keywords:competence development 1; improving life 2; investment and small and medium enterprises 3
Community competence development in improving life through investing in small and medium enterprises is one of the beneficial alternatives for groups and individuals for the welfare of the superior local community's wellbeing. The purpose of this study is to determine the basic provisions of the small and medium business investment group in the local area, related to hard and soft competence, which are used as criteria for giving, receiving, and solving problems. The method used in this study used a thematic descriptive qualitative analysis approach; the sampling method was taken by six people representing 28 people, including the core structure for semi-structured interviews. The technique used is a non-probability sample by exploring sources of information using purposive sampling and snowball sampling. From the results, it was found that the educational background was sufficient and still had shortcomings in hard and soft competencies, including creativity and technical skills. So, there are several suggestions, namely (1) to take additional training on creativity and technical skills to increase in-depth understanding, (2) for other studies that are interested in deepening research in that location. In terms of investment development, it can compete in national and international markets. These results also provide input for the investment group to learn hard and soft competencies and specifically creative abilities and technical skills to find learning resources that ensure development is related to investment in the digital era.
Akpan, I. J., Udoh, E. A. P., & Adebisi, B. (2020). Small business awareness and adoption of state-of-the-art technologies in emerging and developing markets, and lessons from the COVID-19 pandemic. Journal of Small Business and Entrepreneurship, 0(0), 1–18. https://doi.org/10.1080/08276331.2020.1820185
Al-Jinini, D. K., Dahiyat, S. E., & Bontis, N. (2019). Intellectual capital, entrepreneurial orientation, and technical innovation in small and medium-sized enterprises. Knowledge and Process Management, 26(2), 1–17. https://doi.org/10.1002/kpm.1593
Ali, M., & Miller, L. (2017). ERP system implementation in large enterprises – a systematic literature review. Journal of Enterprise Information Management, 30(4), 666–692. https://doi.org/10.1108/JEIM-07-2014-0071
Alon, I., Lerner, M., & Shoham, A. (2016). Cross-national cultural values and nascent entrepreneurship. International Journal of Cross Cultural Management, 16(3), 321–340. https://doi.org/10.1177/1470595816674744
Baldick, C. (2001). The Concise Oxford Dictionary of Literary Terms. In Oxford University Press. https://doi.org/10.2307/939825
Barra Novoa, R. (2021). Macro and microeconomic analysis of the impact of the covid-19 pandemic in Chile and the projections of the central bank’s. International Research Journal of Management, IT and Social Sciences, 6(2), 333–338. https://doi.org/10.21744/irjmis.v8n3.1471
Bavaresco, R., Silveira, D., Reis, E., Barbosa, J., Righi, R., Costa, C., Antunes, R., Gomes, M., Gatti, C., Vanzin, M., Junior, S. C., Silva, E., & Moreira, C. (2020). Conversational agents in business: A systematic literature review and future research directions. Computer Science Review, 36, 100239. https://doi.org/10.1016/j.cosrev.2020.100239
Beardmore, K. W. (2019). Soft Skills: Old & New. Theses and Dissertations--Educational Policy Studies and Evaluation, 65, 1–157.
Bruyn, S. T. (1991). The Field of Social Investment. In Cambiridge University Press. https://doi.org/10.2307/2072693
Caena, F., & Redecker, C. (2019). Aligning teacher competence frameworks to 21st century challenges: The case for the European Digital Competence Framework for Educators ( Digcompedu). European Journal of Education, 54(3), 356–369. https://doi.org/10.1111/ejed.12345
Cascio, W. F. (2019). Training trends: Macro, micro, and policy issues. Human Resource Management Review, 29(2), 284–297. https://doi.org/10.1016/j.hrmr.2017.11.001
Daugaard, D. (2020). Emerging new themes in environmental, social and governance investing: a systematic literature review. Accounting and Finance, 60(2), 1501–1530. https://doi.org/10.1111/acfi.12479
Dean, S. (2017). Soft Skills Needed for the 21st-Century Workforce. In Walden University and Scholar Works. Walden University.
Elyta, E., Warjio, W., & Adnan, A. A. (2020). Smart Human Security: Economic Safety for Micro, Small and Medium Enterprises (MSMEs) to Face the Impact of the Covid-19 Global Pandemic. Journal of Government and Civil Society, 4(2), 181. https://doi.org/10.31000/jgcs.v4i2.2715
Ferreira de Araújo Lima, P., Crema, M., & Verbano, C. (2020). Risk management in SMEs: A systematic literature review and future directions. European Management Journal, 38(1), 78–94. https://doi.org/10.1016/j.emj.2019.06.005
Gale, A. J., Duffey, M. A., Park-Gates, S., & Peek, P. F. (2017). Soft Skills versus Hard Skills: Practitioners’ Perspectives on Interior Design Interns. Journal of Interior Design, 42(4), 1–19. https://doi.org/10.1111/joid.12105
Gedajlovic, E., & Carney, M. (2010). Markets, hierarchies, and families: Toward a transaction cost theory of the family firm. Entrepreneurship: Theory and Practice, 34(6), 1145–1172. https://doi.org/10.1111/j.1540-6520.2010.00418.x
Given, L. M. (2008a). Qualitative Research Methods. In The SAGE Encyclopedia of Qualitative Research Methods (Vols. 1 & 2). SAGE Publications, Inc.
Given, L. M. (2008b). Quanlitative Research Methods. In The SAGE Encyclopedia of Qualitative Research Methods (Vols. 1 & 2, pp. 1–1043). SAGE Publications, Inc.
Hain, D. S., & Jurowetzki, R. (2018). Local competence building and international venture capital in low-income countries: Exploring foreign high-tech investments in Kenya’s Silicon Savanna. Journal of Small Business and Enterprise Development, 25(3), 447–482. https://doi.org/10.1108/JSBED-03-2017-0092
Haska, J. H. & E. (2019). Analysis of the Legal Framework on Social Enterprises in Albania. Partners Albania for Change and Development, 1–21.
Iancu, A., Popescu, L., & Popescu, V. (2021). Factors influencing social entrepreneurship intentions in Romania. Economic Research-Ekonomska Istrazivanja , 34(1), 1190–1201. https://doi.org/10.1080/1331677X.2020.1820358
Intindola, M. L., Pittz, T. G., Rogers, S. E., & Weisinger, J. Y. (2020). Partner Selection in Social Entrepreneurship Collectives: How Team Selection Control Can Enhance Satisfaction in Cross-Sector Social Partnerships. Journal of Social Entrepreneurship, 0(0), 1–26. https://doi.org/10.1080/19420676.2019.1641137
Kolding, M., Sundblad, M., Alexa, J., Stone, M., Aravopoulou, E., & Evans, G. (2018). Information management – a skills gap? Bottom Line, 31(3–4), 170–190. https://doi.org/10.1108/BL-09-2018-0037
Liao, Y., Deschamps, F., Loures, E. de F. R., & Ramos, L. F. P. (2017). Past, present and future of Industry 4.0 - a systematic literature review and research agenda proposal. International Journal of Production Research, 55(12), 3609–3629. https://doi.org/10.1080/00207543.2017.1308576
Lyle M. Spencer, J., & Spencer, S. M. (1993). Competence at Work: Models for Superior Performance. Japan Productivity Center. John Wiley & Sons, Inc., 456.
Mascarenhas, C., Ferreira, J. J., & Marques, C. (2018). University-industry cooperation: A systematic literature review and research agenda. Science and Public Policy, 45(5), 708–718. https://doi.org/10.1093/SCIPOL/SCY003
Nanjundeswaraswamy, T. S., & Divakar, S. (2021). Determination of Sample Size and Sampling Methods in Applied Research. Proceedings on Engineering Sciences, 3(1), 25–32. https://doi.org/10.24874/pes03.01.003
Oktafia, F. L. M. & R. (2020). Strategi Pengembangan Usaha Kecil Dan Mikro Serta Dampak Kesejahteraan Masyarakat Desa Kweden Kecamatan Tarik Kabupaten Sidoarjo ( Menurut Pandangan Maqashid Syariah ). Jurnal Ilmiah Ekonomi Islam, 6(03), 571–581.
Park, S., & Park, S. (2019). Employee Adaptive Performance and Its Antecedents: Review and Synthesis. Human Resource Development Review, 18(3), 294–324. https://doi.org/10.1177/1534484319836315
Petruzzi, M. A., Marques, C., & Sheppard, V. (2021). To Share or to Exchange: An analysis of the sharing economy characteristics of Airbnb and Fairbnb.coop. International Journal of Hospitality Management, 92(October 2020), 102724. https://doi.org/10.1016/j.ijhm.2020.102724
Rahardja, U., Moeins, A., & Lutfiani, N. (2017). Leadership, competency, working motivation and performance of high private education lecturer with institution accreditation B: Area kopertis IV Banten province. Man in India, 97(24), 179–192.
Rakhimova, A. E. (2017). Sociocultural competence as one of the core competencies of the individual. Espacios, 38(45), 34.
Rasul, G., Nepal, A. K., Hussain, A., Maharjan, A., Joshi, S., Lama, A., Gurung, P., Ahmad, F., Mishra, A., & Sharma, E. (2021). Socio-Economic Implications of COVID-19 Pandemic in South Asia: Emerging Risks and Growing Challenges. Frontiers in Sociology, 6(February), 1–14. https://doi.org/10.3389/fsoc.2021.629693
Ratten, V. (2020). Coronavirus (Covid-19) and entrepreneurship: cultural, lifestyle and societal changes. JEEE: Journal of Entrepreneurship in Emerging Economies, 1–15. https://doi.org/10.1108/JEEE-06-2020-0163
Roegiers, X. (2016). A Conceptual Framework for Competencies Assessment: Current and Critical Issues in the Curriculum and Learning. Unesco, 4, 1–44. http://www.ibe.unesco.org/en/document/conceptual-framework-competencies-assessment
Sabina Scarpellini, Jesus Valero-Gil, J. M. M. & M. A. (2020). Environmental management capabilities for a “circular eco-innovation.” Business Strategy and the Environment, 29(5), 1850–1864. https://doi.org/10.1002/bse.2472
Saleh, S. (2017). Analisis Data Kualitatif. In Pustaka Ramadhan.
Scarpellini, S., Marín-Vinuesa, L. M., Aranda-Usón, A., & Portillo-Tarragona, P. (2020). Dynamic capabilities and environmental accounting for the circular economy in businesses. Sustainability Accounting, Management and Policy Journal, 11(7), 1129–1158. https://doi.org/10.1108/SAMPJ-04-2019-0150
Silveyra, G., Herrero, Á., & Pérez, A. (2021). Model of Teachable Entrepreneurship Competencies (M-TEC): Scale development. International Journal of Management Education, 19(1), 100392. https://doi.org/10.1016/j.ijme.2020.100392
Stevenson, R. M., Kuratko, D. F., & Eutsler, J. (2019). Unleashing main street entrepreneurship: Crowdfunding, venture capital, and the democratization of new venture investments. Small Business Economics, 52(2), 375–393. https://doi.org/10.1007/s11187-018-0097-2
Tseng, H., Yi, X., & Yeh, H. Te. (2019). Learning-related soft skills among online business students in higher education: Grade level and managerial role differences in self-regulation, motivation, and social skill. In Computers in Human Behavior (Vol. 95). Elsevier B.V. https://doi.org/10.1016/j.chb.2018.11.035
Viglioni, M. T. D., de Brito, M. J., & Calegario, C. L. L. (2020). Innovation and R&D in Latin America and the Caribbean countries: a systematic literature review. In Scientometrics (Vol. 125, Issue 3). Springer International Publishing. https://doi.org/10.1007/s11192-020-03714-z
Wallace, S. L. (1999). Social Entrepreneurship: The Role of Social Purpose Enterprises in Facilitating Community Economic Development. Journal of Developmental Entrepreneurship, Fall/Winter, 4(2).
Wallo, A., Kock, H., Lundqvist, D., & Coetzer, A. (2020). Understanding Factors That Enable and Inhibit Assessment of Outcomes of Competence Development. Human Resource Development Review, 19(4), 384–421. https://doi.org/10.1177/1534484320943332
Wasdani, M. J. M. & K. P. (2015). Entrepreneurial Ecosystem: Perspectives from Emerging Economies. In Entrepreneurial Ecosystem. https://doi.org/10.1007/978-81-322-2086-2
Wisshak, S., & Hochholdinger, S. (2020). Perceived instructional requirements of soft-skills trainers and hard-skills trainers. Journal of Workplace Learning, 32(6), 405–416. https://doi.org/10.1108/JWL-02-2020-0029