The Role of Sensing Capability in Enhancing Small Business Performance
- DOI
- 10.2991/assehr.k.211020.106How to use a DOI?
- Keywords
- Sensing Capability, Small Business, Performance
- Abstract
Entrepreneurship has a significant role in a country’s economy. Entrepreneurs such as Indonesia SMEs have a workforce absorption of up to 116.6 million people or 97.02% in 2017, reaching 64 million units in 2018, able to contribute more than large-scale businesses to Indonesia’s GDP amounted to 61.07% in 2018 and is predicted to increase to 65% in 2019. However, Jokowi (2018) during his meeting with HIPMI said that the number of Indonesian entrepreneurs is still 3.1% while the standard in developed countries is more than 14%. This statement indicates the urgency of the need to increase the number of Indonesian entrepreneurs. The increasing number of women and men entrepreneurs who are oriented towards business growth is very important for the economy because they are the ones who create jobs, absorb unemployment, reduce poverty, involve the community, have high productivity, innovation and export. In contradiction, Deputy Chairman of The Entrepreneur Markplus. Inc. & President of the ICSB Indonesia and Chair of APINDO said that SMEs play a very important role in the Indonesian economy but not many SMEs competing for scaling up and even sustainability.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Lasmy AU - Tirta Nugraha Mursitama AU - Asnan Furinto AU - Setyo Hari Wijanto PY - 2021 DA - 2021/10/21 TI - The Role of Sensing Capability in Enhancing Small Business Performance BT - Proceedings of the 1st UMGESHIC International Seminar on Health, Social Science and Humanities (UMGESHIC-ISHSSH 2020) PB - Atlantis Press SP - 717 EP - 722 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.211020.106 DO - 10.2991/assehr.k.211020.106 ID - 2021 ER -