The Government's Role in Improving MSME Business Performance in Denpasar City

This study aims to analyze the role of the government in improving the business performance of MSMEs in Denpasar City. Using a quantitative approach and data collection method through questionnaires, this study involved 100 MSME respondents from a population of 32,626. The results of data analysis using Structural Equation Modeling (SEM) show that the role of the government, measured through regulations, access to financing, and training programs, has a positive and significant influence on the business performance of MSMEs. These findings emphasize the importance of government intervention in creating an environment conducive to the growth of MSMEs. In addition, this study identifies the challenges faced by MSMEs in accessing government support, as well as providing recommendations for policymakers to improve the effectiveness of existing programs. Thus, this research contributes to the development of public policies that are more responsive to the needs of MSME actors in Denpasar City.

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Publication Details

Journal
Dinasti International Journal of Economics Finance & Accounting
Published
2024-12-30
DOI
https://doi.org/10.38035/dijefa.v5i6.3534
Primary Topic
SMEs Development and Digital Marketing
Type
article
Field-Weighted Citation Impact
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article

The Government's Role in Improving MSME Business Performance in Denpasar City

I Made Pulawan, I Gde Wedana Arjawa, Putu Ayu Sita Laksmi
Dinasti International Journal of Economics Finance & Accounting
SMEs Development and Digital Marketing
article

The Government's Role in Improving MSME Business Performance in Denpasar City

I Made Pulawan, I Gde Wedana Arjawa, Putu Ayu Sita Laksmi
article en

Abstract

This study aims to analyze the role of the government in improving the business performance of MSMEs in Denpasar City. Using a quantitative approach and data collection method through questionnaires, this study involved 100 MSME respondents from a population of 32,626. The results of data analysis using Structural Equation Modeling (SEM) show that the role of the government, measured through regulations, access to financing, and training programs, has a positive and significant influence on the business performance of MSMEs. These findings emphasize the importance of government intervention in creating an environment conducive to the growth of MSMEs. In addition, this study identifies the challenges faced by MSMEs in accessing government support, as well as providing recommendations for policymakers to improve the effectiveness of existing programs. Thus, this research contributes to the development of public policies that are more responsive to the needs of MSME actors in Denpasar City.

Dinasti International Journal of Economics Finance & AccountingVol. 5(6)
Warmadewa University (ID)
Openalex Percentile: Top 51%
SMEs Development and Digital Marketing
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