The Influence Of Financial Literacy And Entrepreneurial Orientation On The Performance Of Micro, Small And Medium Enterprises In Banyumas Regency

Abstract

MSMEs often experience delays in their development. This is due to various conventional problems that are not resolved completely, such as human resource capacity problems, ownership, financing, marketing and various other problems related to business management, making it difficult for MSMEs to compete with large companies (Abor &; Quartey, 2010). The condition of MSMEs in Banyumas itself can be said to have been established and able to survive various conditions, one of which was from the Covid-19 Pandemic, according to news and information obtained by the author the condition of MSMEs in Banyumas has been able to survive until now, but some have to stop due to internal and external factors. The efforts of the government in saving MSME actors in Banyumas are proven by holding the Banyumas Micro, Small and Medium Entrepreneurs Association. Apart from that, the condition of MSME actors needs to be considered in terms of entrepreneurial orientation and financial literacy, these two fields have an important role in the performance of MSME actors in Banyumas. The importance of enriching the knowledge of MSME actors on financial literacy and entrepreneurial orientation so that the management and development of MSMEs can be better accounted for as large companies. problem formula How entrepreneurial orientation affects MSME Performance in Banyumas How financial literacy affects MSME Performance in Banyumas Research objective To determine the effect of entrepreneurial orientation on MSME Performance in Banyumas. Knowing the influence of financial literacy on MSME Performance in Banyumas. D. Method 1. The material used in this study is micro, small and medium enterprises (MSMEs) owned by students of Jenderal Soedirman University. 2. The analysis tool used in this study is the SPSS application. 3. Data collection techniques and data analysis The techniques used in this study use questionnaires while data analysis uses multiple regression models with several tests, namely hypotheses including validity tests, reliability and classical assumption tests (normality, multicollinearity, heteroscedasticity). Based on the results obtained, it shows that t count is 13,794 t, the table is 2,622 so that Ha is accepted, which means that the first hypothesis "There is a positive influence between Financial Literacy on MSME performance" is proven. While the entrepreneurial orientation t calculated at 3,024 t table of 2,622 so that Ha is accepted, which means that the first hypothesis "There is a positive influence between Financial Orientation on MSME performance" is proven. From the results of this study it can be concluded that: Variables (X1) financial literacy and (X2) Entrepreneurial Orientation affect Variable (Y) performance of micro, small and medium enterprises in Banyumas Regency. In testing the design of this research model, two hypotheses were proposed as follows: X1: Financial literacy has a significant influence on MSME performance while X2: Entrepreneurial orientation has a significant influence on MSME sustainability.

Keywords: Financial Literacy, Entrepreneurial Orientation, and Performance.