Human Resource Competency, Economic Potential, and VillageBased Enterprises' Productivity: The Mediating Role of Governance

Ida Bagus Putu Purbadharmaja,Putu Yudi Setiawan,M. Rudi Irwansyah,Bagus Shandy Narmaditya 충남대학교 아시아여론연구소 2023 Asian journal for public opinion research Vol.11 No.1

This study aims to investigate the relationship between human resource competency, economic potential, and productivity of village-based enterprises, as well as understand the role of governance in mediating this relationship. This study was conducted in several village-based enterprises in Bali, Indonesia and the data were collected using questionnaires. Furthermore, the collected data were analyzed quantitatively using partial least analysis to confirm the relationship between variables. The findings indicate that human resource competency has an impact on governance, but it failed to explain the productivity of village-based enterprises. In addition, economic potential can have an impact on the governance and productivity of village-based enterprises in Bali, Indonesia. This study also showed a robust link between governance and productivity. Lastly, based on the statistical analysis, it was found that governance can mediate the relationship between human resource competency, economic potential, and productivity of village-based enterprises

Are Trades Related to Technology? Evidences From The Baltic States: Estonia, Latvia and Lithuania

Muchdie MUCHDIE,Bagus Shandy NARMADITYA 한국유통과학회 2019 The Journal of Asian Finance, Economics and Busine Vol.6 No.2

This paper provides empirical evidences from the Baltic States on the relationship between technology and trades. In this study, regression and correlation analysis were employed an attempt to reveal the relationship between technology index and net-export coefficient, as well as the relationship between technology index and import coefficient. In this research, technology level was measured by technology index, while trades included of domestic and foreign trades; export and import. The data used for this study were collected from world input-output databases of Estonia, Latvia and Lithuania for the period 2000, 2005, 2010, and 2014. The findings remarked that the relationship between technology and domestic trade was positive and statistically significant. The result of the study implies that the higher was the technology index leads to the higher domestic transaction. Furthermore, relationship between technology and net-export was unpredictable. In year 2000, data from Estonia and Latvia showed that the relationship between variables was negative and in other years of the study, the relationship was positive. However, the relationship between variables was not statistically significant. Lastly, the relationship between technology and import was negative and statistically significant. It implies that the higher was technology index, will have a consequence the smaller was import.

Nexus between Production Input and Price Commodity: An Integration Analysis of Rice Barns in East Java of Indonesia

WULANDARI, Dwi,NARMADITYA, Bagus Shandy,PRAYITNO, Putra Hilmi,ISHAK, Suryati,SAHID, Sheerad,QODRI, Lutfi Asnan Korea Distribution Science Association 2020 The Journal of Asian Finance, Economics and Busine Vol.7 No.10

This study aims to examine the causality between production input and the price of rice in East Java, Indonesia. This study applied a quantitative method to understand in a comprehensive way the correlation between variables. The data used for this study were collected from several sources, including East Java Agriculture Office, Siskaperbapo.com, and Statistics Indonesia (BPS) of East Java. This research was carried out over five years, starting from 2014 to 2018. Furthermore, the data were analyzed using the Vector Error Correction Model (VECM) by employing E-Views (version 7). The findings of this study indicated that, in the long run, the population, rice production, and changes in people's income have a positive effect on price stability, but are inversely proportional if seen in the short term. In comparison, in the long run, farmer exchange rates variable has a negative impact on price stability, and inversely proportional in the short term, which has a positive effect. There are different implications when the people's income increases and the rice price declines; these have great potential to alleviate poverty in East Java, Indonesia. This is due to the fact that the price stability also concerns the welfare of the community.

Does Talent Management Affect Employee Performance?: The Moderating Role of Work Engagement

SOPIAH, Sopiah,KURNIAWAN, Didiek Tri,NORA, Elfia,NARMADITYA, Bagus Shandy Korea Distribution Science Association 2020 The Journal of Asian Finance, Economics and Busine Vol.7 No.7

The study aims to examine the relationship between talent management and work engagement and its impact on nurses' performance in Indonesia. This study is also intended to understand the role of work engagement in moderating talent management and employee performance. This present study applied a quantitative method using path analysis to investigate the relationship between variables and the primary role of work engagement. The participants of the study were nurses both in privates and public hospitals in Indonesia, with a total of 376 respondents. Closed questionnaires were processed in this study with a Likert scale with five choices ranging from 1 (strongly disagree) to 5 (strongly agree). The questionnaires were entirely collected over almost five months using Google form. The results of the study confirmed that the nurse performance, both at government and private hospitals, are categorized as good, while the work engagement and talent management are also categorized as high. The findings confirmed that talent management positively influences work involvement and employee performance. In addition, this study suggests that work engagement plays an essential role in moderating between variables and provides a confirmation of the important role of talent management and work engagement for nurses' performance.

Nexus between Inflation and Unemployment: Evidence from Indonesia

Dwi WULANDARI,Sugeng Hadi UTOMO,Bagus Shandy NARMADITYA,Mahirah KAMALUDIN 한국유통과학회 2019 The Journal of Asian Finance, Economics and Busine Vol.6 No.2

This study intended to examine the relationship between inflation and unemployment rate in Indonesia during 1987 to 2018 period. The study applied a quantitative method using Vector Error Correction Model (VECM) in order to comprehensively understand the causality between inflation and unemployment rates. The data were collected from various main sources including the World Bank, Central Bank of Indonesia, and Central Bureau of Statistics (BPS). The findings showed that inflation has a one-way relationship toward unemployment in Indonesia and it occurs at the third lag. Impulse Response Function (IRF), shows that the inflation rate are fluctuating in response to the shock of unemployment. The unemployment rate responses to shocks from inflation initially increased until it is eventually diminished. It shows that the shocks caused by the impact of inflation were only in the short term. Further, inflation in the three previous lags will have consequences for the unemployment rate in the year. Lastly, both in the long run and short run, unemployment did not affect inflation rates. These findings suggest that high inflation in Indonesia is determined the rising price of basic commodities and fuel. In addition, most companies in Indonesia applying capital intensive so that employment growth in Indonesia is small.

The Determinant Factors of Development Batik Cluster Business: Lesson From Pekalongan, Indonesia

SUPARNO,Agus WIBOWO,Saparuddin MUKHTAR,Bagus Shandy NARMADITYA,Hikmah Diana SINTA 한국유통과학회 2019 The Journal of Asian Finance, Economics and Busine Vol.6 No.4

The study examines how business conditions, demand conditions and the role of government can influence the development of batik clusters in Pekalongan. This research is expected to be able to provide recommendations for both employers and local governments in order to help in optimizing the development of batik clusters. The research applied a quantitative research by engaging multiple regression analysis as an effort to understand the effect of the relationship between independent and dependent variables. In addition, this research was conducted in three largest batik clusters in Pekalongan, Indonesia namely batik cluster of Pasindon, Kauman, and Jenggot. These results indicate that business conditions positively affect the batik clusters development. It implies that the greater both business conditions in a cluster will lead the better the development. Indeed, the demand conditions also have an impact on the cluster development. This finding remarked that demand conditions are variable that need to be considered to development of batik cluster. Lastly, Government’s role is confirmed that positively related to the Development of Batik Clusters. It implies that the more active the government’s role in a cluster will have a good impact on the development of the cluster in certain area.

Determinant Factors of Young People in Preparing for Entrepreneurship: Lesson from Indonesia

WARDANA, Ludi Wishnu,HANDAYATI, Puji,NARMADITYA, Bagus Shandy,WIBOWO, Agus,PATMA, Tudung Subali,SUPRAJAN, Sandy Eka Korea Distribution Science Association 2020 The Journal of Asian Finance, Economics and Busine Vol.7 No.8

This study examines the determinant factors affecting young people in preparing entrepreneurship in Indonesia. This study involved several variables, including the need for achievement, risk perception, locus of control, entrepreneurial attitude to predict entrepreneurial intention, and preparation for entrepreneurship among young people. The approach utilized in this study was a quantitative research design using a survey model. The participants of this study were recruited from young people in East Java, Indonesia. Structural equation modeling with Partial Least Square (SEM-PLS) was implemented to test the hypotheses and the relationships between variables. The findings of this research showed that the attitudes toward entrepreneurship and entrepreneurial intention of young people in Indonesia are determined by several variables such as the need for achievement, risk perception, and locus of control. The correlation between variables showed one positive direction in which all independent variables can influence dependent variables. Additionally, the result of this study confirms a robust relationship between the attitude toward entrepreneurship and preparing for entrepreneurship among young people. Lastly, this study showed a positive correlation between entrepreneurial intention and preparation for entrepreneurship. This study suggests that government institutions and universities need to be concerned about entrepreneurial programs to promote young entrepreneurs.

Organizational Culture and Employee Performance

Sopiah SOPIAH,Mahirah KAMALUDIN,Etta Mamang SANGADJI,Bagus Shandy NARMADITYA 한국유통과학회 2021 The Journal of Asian Finance, Economics and Busine Vol.8 No.6

The purpose of this study is to examine the impact of organizational culture and employee performance on Islamic banks in Indonesia, as well as understanding the mediating role of organizational leadership commitment on job satisfaction. This study applied a quantitative method using path analysis to understand the relationship between variables and the existing phenomenon. A survey method was used in gathering approximately 600 respondents from employees in several Islamic banks in Indonesia, including Bank Muamalat, BTN Syariah, Bank Mandiri Syariah, BRI Syariah, and BNI Syariah, who have worked for more than three years. Furthermore, the data were analyzed with Structural Equation Modeling PLS. The findings indicate that organizational culture can explain job satisfaction, organizational leadership commitment, and employee performance. These results suggest that organizational leadership commitment and job satisfaction play a crucial role in mediating corporate culture and employee performance of Islamic banks. The finding of this research should entice decision-makers in Islamic banks in Indonesia, especially in East Java, to pay more attention to maintaining and improving organizational culture that has strong organizational leadership commitment and employees’ job satisfaction. This study’s results are also expected to contribute to the development of human resources management science and organizational behavior.

A Creative Economy Development Strategy: The Case of Trenggalek Creative Network for Trenggalek Regency, Indonesia

AGUSTINA, Yuli,WINARNO, Agung,PRATIKTO, Heri,NARMADITYA, Bagus Shandy,FILIANTI, Filianti Korea Distribution Science Association 2020 The Journal of Asian Finance, Economics and Busine Vol.7 No.12

The purpose of this research aims to develop the creative economy sector of rural communities in Trenggalek Regency, East Java, Indonesia by mapping the creative economy sub-sectors in Trenggalek Regency. The creative economy industry has been shown to have a positive effect on GDP in many developing countries and developed countries. In urban areas, the creative economy is often associated with the development of advanced technology, such that it is unlikely to evolve in rural communities. However, the rural environmental landscape, which not only has a wealth of creative human capital but also a cultural heritage, also encourages the growth of the creative economy sector in rural areas. This qualitative research was conducted for 60 working days through in-depth interviews, focus group discussions, observation and literature review. More precisely, first, it identified the potential of the creative economy both sectorally and regionally. Second, it identified the leading creative economy subsectors and compiled a creative economic development road map. After defining and mapping the potential of the creative economy, four of the sixteen sub-sectors of the creative economy were identified to be developed through a strategic plan for the growth of the creative economy using urban branding, innovative industrial centers and renewable resources.

Does Entrepreneurial Leadership Matter for Micro-Enterprise Development?: Lesson from West Java in Indonesia

RUSLIATI, Ellen,MULYANINGRUM, Mulyaningrum,WIBOWO, Agus,NARMADITYA, Bagus Shandy Korea Distribution Science Association 2020 The Journal of Asian Finance, Economics and Busine Vol.7 No.8

This research investigates the role of entrepreneurial leadership in micro-enterprise development in the district of Majalengka in West Java, Indonesia. This study applied a qualitative content analysis method to understand the phenomenon of micro-enterprises comprehensively. The data of this research was collected using surveys, interviews, and a group discussion. The findings indicated that technological information adaptation plays a crucial role in the development of micro-enterprise development. Since the group of millennials dominated the leadership, it has provided more creativity by implementing technological information instead of the previous generation that faced difficulties in adopting the technology. This study noted that inadequate technology adaptation makes micro-business gradually lose customers, and the business was threatened to close. Meanwhile, the role of leadership drives the business development, sales have risen, the number of products has been increasingly diverse, and business capital and number of employees have grown. The establishment of an entrepreneur group could facilitate peer-to-peer contact, knowledge transfer, training, and intervention to enhance leadership and business development. This finding pointed out that the leadership will successfully influence business development when supported by several characteristics such as manage the business, capture opportunities, confidence, firmness, personal integrity, communication, and social and technical expertise.