The impact of entrepreneurial characteristics and competencies on business performance in the creative industry in Indonesia

Ayumi Fitriani Gunawan

Asia Pacific Journal of Innovation and Entrepreneurship, 2024, vol. 18, issue 3, 300-317

Abstract: Purpose - The purpose of this study is to examine the impact of the characteristics and competencies of entrepreneurs on business performance within the creative industry in Indonesia. By creative industry, is refer to market-oriented enterprises that use creativity and intellectual capital to create, produce, distribute and disseminate creative goods and services through media channels. Design/methodology/approach - This study measured six entrepreneurial characteristics: creative and innovative, risk-taking, need for achievement, leadership, autonomy and proactiveness. In addition, it measured five entrepreneurial competencies: opportunity, strategy, relationship, organization and learning. Data collection was conducted using a questionnaire administered to 294 entrepreneurs operating businesses within the creative industry in Java, Sumatra and Kalimantan, Indonesia. Findings - The findings of this study demonstrated that entrepreneurial characteristics and competencies had a significantly positive effect on business performance. Creativity and innovation emerged as the most influential characteristics, whereas strategy stood out as the most influential competency. Originality/value - This study aimed to examine whether the personal qualities of entrepreneurs as identified within conventional industries − specifically their entrepreneurial characteristics and competencies − had an impact on business performance in the creative industry in Indonesia. Conventional industries, unlike creative industries, are characterized by the production and distribution of physical goods or basic services, with less emphasis on creative innovation as the core driver.

Keywords: Creative industry; Entrepreneurial characteristics; Entrepreneurial competencies (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:apjiep:apjie-09-2023-0172

DOI: 10.1108/APJIE-09-2023-0172

Access Statistics for this article

Asia Pacific Journal of Innovation and Entrepreneurship is currently edited by Xuhua Chang

More articles in Asia Pacific Journal of Innovation and Entrepreneurship from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().