Strategy for developing the santripreneur ecosystem in East Java to face the 5.0 era

This study aims to provide a comprehensive overview of the key factors determining the success of santripreneurs in achieving sustainable competitiveness and prosperity. Success is measured by the santripreneur's ability to create competitive advantages that ensure business continuity. The study employs a descriptive quantitative approach with validity and reliability tests using SPSS 25.0, followed by hypothesis testing with SmartPLS 2.0. Data were collected through questionnaires distributed to 100 respondents from five Islamic boarding schools (pondok pesantren) in East Java, Indonesia, where students have been trained in entrepreneurship. The findings reveal that education, experience, strategy, innovation, and successful entrepreneurship are the main factors influencing the entrepreneurial success of santripreneurs. These results contribute to understanding how small, medium, and large enterprises can leverage these factors to achieve business success. Based on the analysis of the determination coefficient, the R Square value for the simultaneous effect on entrepreneurship is 0.808, with an adjusted R Square of 0.804, indicating a significant probability. And the results of the t-statistical test were >1.96 with a significance level of p-value of 0.05 (5%) and a positive beta coefficient. These insights can be applied by novice entrepreneurs as they establish and grow their businesses.

Publication Details

Journal
Research Repository Universitas Islam Negeri Maulana Malik Ibrahim (University of Southampton)
Published
2024-11-22
Primary Topic
Employee Performance and Leadership
Type
article
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article

Strategy for developing the santripreneur ecosystem in East Java to face the 5.0 era

Research Repository Universitas Islam Negeri Maulana Malik Ibrahim (University of Southampton)
Employee Performance and Leadership
article

Strategy for developing the santripreneur ecosystem in East Java to face the 5.0 era

article en

Abstract

This study aims to provide a comprehensive overview of the key factors determining the success of santripreneurs in achieving sustainable competitiveness and prosperity. Success is measured by the santripreneur's ability to create competitive advantages that ensure business continuity. The study employs a descriptive quantitative approach with validity and reliability tests using SPSS 25.0, followed by hypothesis testing with SmartPLS 2.0. Data were collected through questionnaires distributed to 100 respondents from five Islamic boarding schools (pondok pesantren) in East Java, Indonesia, where students have been trained in entrepreneurship. The findings reveal that education, experience, strategy, innovation, and successful entrepreneurship are the main factors influencing the entrepreneurial success of santripreneurs. These results contribute to understanding how small, medium, and large enterprises can leverage these factors to achieve business success. Based on the analysis of the determination coefficient, the R Square value for the simultaneous effect on entrepreneurship is 0.808, with an adjusted R Square of 0.804, indicating a significant probability. And the results of the t-statistical test were >1.96 with a significance level of p-value of 0.05 (5%) and a positive beta coefficient. These insights can be applied by novice entrepreneurs as they establish and grow their businesses.

Research Repository Universitas Islam Negeri Maulana Malik Ibrahim (University of Southampton)
Openalex Percentile: Top 34%
Employee Performance and Leadership
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Strategy for developing the santripreneur ecosystem in East Java to face the 5.0 era · Research Repository Universitas Islam Negeri Maulana Malik Ibrahim (University of Southampton) (2024) | TGRS Research Map | TGRS