Growth of Banana-Based Agribusiness in Indonesia

This study examines the effects of market access, product innovation, and entrepreneurial experience on the growth of banana-based agribusinesses in Indonesia. Given the sector's significant potential in rural economic development, understanding the factors that drive agribusiness growth is essential. Using a quantitative approach, data were collected from 120 banana-based agribusinesses across various regions in Indonesia, with respondents rating each variable on a Likert scale of 1 to 5. Analysis was conducted using SPSS version 26, applying multiple regression to assess the significance and strength of each variable’s impact on business growth. Results indicate that market access, product innovation, and entrepreneurial experience each positively influence agribusiness growth, with product innovation emerging as the most significant predictor. These findings underscore the importance of market accessibility, continuous product innovation, and experienced entrepreneurship as key drivers of success in the agribusiness sector. This study provides actionable insights for policymakers and practitioners to enhance agribusiness performance through targeted support for market infrastructure, innovation, and entrepreneurial development.

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Publication Details

Journal
West Science Interdisciplinary Studies
Published
2024-11-29
DOI
https://doi.org/10.58812/wsis.v2i11.1445
Citations
1
Primary Topic
Banana Cultivation and Research
Type
article
Field-Weighted Citation Impact
0.60
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article

Growth of Banana-Based Agribusiness in Indonesia

Haryono Haryono
1 citations
West Science Interdisciplinary Studies
Banana Cultivation and Research
0.60
article

Growth of Banana-Based Agribusiness in Indonesia

Haryono Haryono
article en
1 citations

Abstract

This study examines the effects of market access, product innovation, and entrepreneurial experience on the growth of banana-based agribusinesses in Indonesia. Given the sector's significant potential in rural economic development, understanding the factors that drive agribusiness growth is essential. Using a quantitative approach, data were collected from 120 banana-based agribusinesses across various regions in Indonesia, with respondents rating each variable on a Likert scale of 1 to 5. Analysis was conducted using SPSS version 26, applying multiple regression to assess the significance and strength of each variable’s impact on business growth. Results indicate that market access, product innovation, and entrepreneurial experience each positively influence agribusiness growth, with product innovation emerging as the most significant predictor. These findings underscore the importance of market accessibility, continuous product innovation, and experienced entrepreneurship as key drivers of success in the agribusiness sector. This study provides actionable insights for policymakers and practitioners to enhance agribusiness performance through targeted support for market infrastructure, innovation, and entrepreneurial development.

West Science Interdisciplinary StudiesVol. 2(11)
Universitas Bhayangkara Surabaya (ID)
Openalex Percentile: Top 20%
Banana Cultivation and Research
0.60
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