Role of Entrepreneurial Culture as the Driver of Economic Growth

P. Eko Prasetyo
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P. Eko Prasetyo: Department of Economic Development, Faculty of Economics, UNNES, Alamat, Gedung L2 Kampus FE UNNES Sekaran Semarang, Indonesia

International Journal of Economics and Financial Issues, 2019, vol. 9, issue 3, 237-243

Abstract: The role and function of entrepreneurial culture get more important and is the main driver of sustainable regional and national economic growth in Indonesia. The specific purpose of this article is to explain the role of entrepreneurial culture as the driver of regional economic growth in Central Java, Indonesia. For the purpose of this research, a survey for primary data and recursive model of path analysis are employed. The research results show positive and significance influence of entrepreneurial culture and network as well as competition on regional economic growth. With the principle of tuna satak bati sanak culture as the basic behavioral pattern of their business, the social entrepreneurial network and entrepreneurial culture in the research area are strengthened. Therefore, with support of entrepreneurial culture, the growth of entrepreneurship in Indonesia will serve more to be the main driver of sustainable economic growth.

Keywords: entrepreneurial culture; network; competition; and regional economic growth (search for similar items in EconPapers)
JEL-codes: D91 L31 L51 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (3)

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