Journal Article
Published
Muslim Micro Entrepreneurs’ Competency to Face Challenges in The Industrial Era 4.0
Abstract
Micro Enterprises play a crucial role in contributing an economic
development, particularly in East Java's economic prosperity. Nowadays, the rapid
raising in Industry 4.0 is inevitable and put micro enterprises facing significant
challenges and forced to push beyond the boundaries to sustain their competitive
advantages and the competencies based on knowledge management to succeed as well.
The competencies are integrated into an attempt to improve their business performance.
In contrast, a study related to Micro Enterprise's competence in particular for the
Indonesian Muslim Micro Enterprises is still very finite. Therefore, this paper explores
some aspects of business competence they have in the current situation and another
potential competency needed in facing a new revolution in the industrial era 4.0. Turning
to the methodology used in this research, a quantitative approach utilized as a primary
instrument in analyzing collected data from 250 respondents distributed in some districts
in East Java Province such as Surabaya, Malang, Kediri, Ponorogo, Madiun and Ngawi.
The respondents are the owner, manager, and owner-manager also. In addition, this study
uses eleven aspects such as accounting, training on achievement motivation, business
feasibility study, business plan, finance, human resource management, the use of
accounting information and communication technology, leadership training, marketing
and promotion, operational/ manufacturing management, and business research
development to identify the core competency from Muslim micro enterprises. This
research contributes to the recent description of Muslim micro enterprises competence
and future three years of training needed. Furthermore, the implications of this study and
directions for future research are also discussed.
Publication Details
JournalInternational Conference on Business, Law And Pedagogy,
ISSNDOI 10.4108/eai.13-2-2019.2286194
Keywordsmicroenterprises, competency, industry revolution 4.0.
Item ID235
Deposited25 Jun 2020 01:26