Open AccessThe Importance of Driving the Growth of Small and Medium-Sized Micro Enterprises in DKI Jakarta Province
Author(s) -
Cicih Ratnasih,
Mohammad Ramadona,
Sutrisno Sutrisno
Publication year - 2022
Publication title -
european journal of business and management research
Language(s) - English
Resource type - Journals
ISSN - 2507-1076
DOI - 10.24018/ejbmr.2022.7.2.1366
Subject(s) - inflation (cosmology) , human development index , business , unemployment , small and medium sized enterprises , index (typography) , regression analysis , affect (linguistics) , econometrics , economics , human development (humanity) , economic growth , statistics , finance , computer science , mathematics , philosophy , theoretical physics , world wide web , linguistics , physics
This study examines factors that affect the growth of MSMEs which include Information Technology, banking credit, human development index, bank interest rates, and inflation on the growth of small and medium-sized micro enterprises (MSMEs) in DKI Jakarta Province. The research method used is explanatory research with quantitative analysis techniques by applying causal statistical models through multiple linear regression analysis and simple regression analysis with a significance level of 5 (five) percent. The data used is secondary data in the form of a time series. The results showed that partially and simultaneously information technology, banking credit, and Human Development Index (HDI), have a positive effect on the development of MSMEs which means that they can increase the development of MSMEs so that they can be done by increasing the factors that affect them, namely information technology, banking credit and HDI. While interest rates and inflation partially and simultaneously negatively affect the development of MSMEs which means to increasing MSMEs must be done to reduce interest rates and inflation. The development of MSMEs has a positive effect simultaneously on the decline in unemployment, this implies that achieving a decrease in unemployment must be done by increasing the development of MSMEs in DKI Jakarta Province.