Journal of Social Entrepreneurship Theory and Practice

Market Development and Differential Product Analysis for Business Sustainability of an SME in Moslem Fashion Industry

2024-05-21T10:46:05+07:00

The diversity of creative industries provides benefits to society in general and business to foster creativity and innovation, which is supported by various natural and human resources. Of the 17 creative economy sub-sectors, fashion is developing rapidly, occupying the second position in contributing 18.15% of the total 75% PDM of the creative economy. The fashion industry’s growth in Bandung is quite high; however, it creates high market competition. For this reason, each fashion industry is competing to create innovation and uniqueness to differentiate each product and considers market development strategy as a strategy for the sustainability and growth of its business. Background of the research is the need for Y-Fashion design strategy. Y-Fashion (alias) is a fashion SMEs established in 2019 that has succeeded in producing a variety of products, and the owner decided to create a differentiation strategy for market development and product innovation as the purpose of this study. This research focuses on the Y-Fashion needs to be carried out to the strategy needed to realize its needs and uses strategy design formulation as the method research. The research method used was the collection of primary and secondary data collected by the research team from various stakeholder sources from Y-Fashion itself. Data analysis used a SWOT analysis with a focus on client needs (Y-Fashion) to suggest the right design strategy for the realization of its differentiation strategy. Analysis of the design strategy serves as input for the design of several media that are expected to assist Y-Fashion in responding to market developments and business innovations as the outcome of this study.

Empowerment Women of Mekarmanik Village to Prevent Early through Balai Prima Women's School in 2020-2023

2024-07-25T22:25:34+07:00

This research was motivated by the rampant phenomenon of early marriage in Indonesia, which has become a complex and controversial social issue. Early marriage was always associated with beliefs and traditions in a region with diverse cultures and religions. This study analyzes efforts to prevent early marriage in Mekarmanik Village, Cimenyan District, Bandung Regency through women's empowerment. The program used is the Balai Prima girls’ school, which provides non-formal education for adolescent girls aged 13-18 years. This study uses a qualitative descriptive method, focusing on data collection and analysis, to shed light on the phenomenon of early marriage in local social, cultural, and economic contexts. The results show that non-formal education and women's empowerment can increase awareness about women's rights and the risks of early marriage, as well as provide practical skills that aid decision-making. The implementation of this program is in line with the Sustainable Development Goals (SDGs), especially in terms of gender equality and improving the quality of education. Therefore, it is important to address early marriage, which involves education, empowerment, and social change.

Invigorate Survival and Resilience of MSMEs: The Role of Entrepreneurial Knowledge, Entrepreneurial Motivation, and Technological Advancement

2024-10-04T14:20:03+07:00

Entrepreneurship is currently experiencing significant and dynamic development. The growth rate of entrepreneurship is a sensitive issue and challenge that attracts public attention in the middle of increasingly tight competition. The development of entrepreneurship is driven by various factors, including rapid technological development and globalization. However, with the development of technology, entrepreneurship also needs to have good preparation to face increasingly tight levels of competition and can maintain and create increasingly successful entrepreneurship. Therefore, this study aims to determine the factors that influence the sustainability resilience and survival of MSMEs. A quantitative method was used in this study, and incidental sampling was used to select 238 MSMEs as respondents. The distribution of questionnaires was carried out openly to MSMEs through associations that oversee the performance of MSMEs. Data analysis in this study used the Structural Equation Model (SEM) and Partial Least Squares (PLS) analysis software version 3.0. The results of the study indicate that entrepreneurial knowledge has a positive effect on the sustainability resilience and survival of entrepreneurs, entrepreneurial motivation has a positive and insignificant effect, and technological progress has a positive and insignificant effect. This study provides new contributions and knowledge that an entrepreneur must be able to know what preparations must be made and how they can manage MSMEs in the midst of competition to anticipate conflicts that will occur in the future.

Remote Accountants' Role in Advancing United Nations Sustainable Development Goals: The Case of a Philippine Fund Services Company

2024-10-31T16:15:59+07:00

Remote accountants who work from any location with Internet access and leverage digital tools and cloud-based systems contribute to the value creation and sustainability of organizations. This study evaluated the role of remote accountants in advancing United Nations Sustainable Development Goals (SDGs) 8 (Decent Work and Economic Growth), 9 (Industry, Innovation, and Infrastructure), and 10 (Reducing Inequality). A structured questionnaire was used to gather data from 60 remote accountants in a Philippine fund service company, with descriptive correlational methods applied to identify patterns. The findings revealed active engagement among remote accountants in supporting sustainable practices, innovation, and inclusion although various organizational challenges persist. The study also disclosed the existence of significant relationship between the role of accountants in financial reporting and their contribution to advancing SDGs. However, it was found that there is no significant relationship between their role relative to financial reporting and the barriers to advancing SDGs. Similarly, no significant relationship was noted between their contribution to SDGs and barriers to advancing SDGs. This study proposes strategic recommendations to enhance investment accuracy, technology adoption, and workforce skills to address these challenges. Key initiatives include specialized training, resource optimization, technological upskilling, and the promotion of fair practices to strengthen inclusion and equality. Finally, the study affirmed the strategic role that remote accountants could assume in driving sustainability in financial services and pointed out investment and policy directions where improvements could be sought to optimize sustainability.

E-Payment System Readiness of Micro Business Owners

2024-11-28T12:14:18+07:00

This study used qualitative research to examine e-payment system readiness among microbusiness owners in Region III, Philippines. The primary purpose was to explore four key themes: digital literacy and skills, comparisons between cash and e-payment transactions, the downsides of e-payment, and awareness and capacity for e-payment systems. Data were collected through thematic coding of interviews with ten microbusiness owners. The results revealed that most respondents actively engage with digital technology, using mobile devices and computers daily. While internet access is generally available, reliance on mobile data can affect user experience. Findings indicate that cash transactions remain prevalent; however, there is a noticeable shift toward e-payments due to their convenience in bill payments and online shopping. Significant challenges were identified, including technical issues and unreliable internet connections that hinder smooth transactions. Older users and those with limited technological skills face difficulties in adopting such systems. The study concludes that although there is potential for greater adoption of e-payment systems, addressing infrastructure challenges and enhancing digital literacy—especially among older demographics—is crucial for facilitating a full transition. Targeted training initiatives and reliable technology are essential for improving e-payment readiness among microbusinesses in the region.

Strategic Human Resource Management in Social Enterprises: A Systematic Review of Practices and Challenges

2024-11-26T09:35:21+07:00

Strategic Human Resource Management (SHRM) has evolved to align human resource practices with organizational objectives to enhance performance and create competitive advantages. This study reviews the application of SHRM in social enterprises (SEs) that balance social impact and financial sustainability. A systematic review methodology was used to identify and analyze various SHRM practices implemented in social enterprises, as well as to evaluate the challenges faced by the sector. This study explored the scientific literature by analyzing strategic HRM in social enterprises using bibliometrics. The researcher then conducted keywords on the Scopus database (Scopus.com). The analysis results showed that 261,499 articles were collected. The researcher used Program R to conduct the bibliometric analysis. SEs adopt innovative HR practices like value-based recruitment, tailored training programs, volunteer management, and adaptive performance evaluations to align employee values with organizational missions while promoting inclusivity and retention despite resource constraints. However, SE face challenges such as financial limitations, skill mismatches, high turnover, cultural diversity, and stakeholder pressures. To address these issues, SEs must innovate HR strategies that integrate sustainability and stakeholder expectations. This study highlights an increase in SHRM research within SEs driven by sustainability concerns and the complexity of workforce management. Through thematic analysis, two main clusters emerge: sustainable development and human-organization dimensions, illustrating the link between strategic HR decisions, employee engagement, and organizational outcomes. Despite growth, a decline in citation count suggests the need for better research accessibility, collaboration, and quality. This research emphasizes SHRM’s importance in supporting SEs’ dual missions and managing tensions between social and economic goals. Future research should explore cross-regional dynamics, technology integration, and stakeholder engagement to enhance SHRM’s practical and theoretical contributions and ensure SEs can better achieve sustainable social impact. This study employed a systematic review methodology, collecting data from the existing literature, and conducting thematic analysis to explore trends and gaps in SHRM practices for SEs.