The Influence of Entrepreneurship Training, Entrepreneurial Motivation, and Financing Support on the Development of Micro, Small, and Medium Enterprises (MSMEs) in Pematang Serai Village, Langkat Regency

Authors

  • M. Chaerul Rizky Universitas Pembangunan Panca Budi
  • Yohny Anwar Universitas Pembangunan Panca Budi
  • Noni Ardian Universitas Pembangunan Panca Budi
  • Roisayudha Pradhana Suharsono Universitas Pembangunan Panca Budi

Keywords:

UMKM, Entrepreneurship Training, Entrepreneurial Motivation, Financing Support, Business Development

Abstract

This study aims to analyze the effect of entrepreneurship training, entrepreneurial motivation, and financial support on the development of Micro, Small, and Medium Enterprises (MSMEs) in Pematang Serai Village, Langkat Regency. The research method used is quantitative with a survey approach. The research sample consisted of 100 MSME actors selected using simple random sampling techniques. Data were collected through questionnaires and analyzed using multiple linear regression. The results of the study indicate that entrepreneurship training, entrepreneurial motivation, and financial support simultaneously have a positive and significant effect on the development of MSMEs in Pematang Serai Village. Partially, entrepreneurship training, motivation and financial support have a significant positive effect on the development of MSMEs. The most dominant factor influencing the development of MSMEs is financial support. This study concludes that in order to improve the development of MSMEs in Pematang Serai Village, it is necessary to improve the quality and quantity of entrepreneurship training, strengthen the internal motivation of business actors, and optimize financial support from various sources. The implications of this study can be input for local governments and related institutions in formulating MSME development policies in the region.

Downloads

Published

2024-08-20

How to Cite

Rizky, M. C., Anwar, Y., Ardian, N., & Pradhana Suharsono , R. (2024). The Influence of Entrepreneurship Training, Entrepreneurial Motivation, and Financing Support on the Development of Micro, Small, and Medium Enterprises (MSMEs) in Pematang Serai Village, Langkat Regency. 1St International Conference Epicentrum of Economic Global Framework, 1(1), 585–593. Retrieved from https://proceeding.pancabudi.ac.id/index.php/ICEEGLOF/article/view/182

Most read articles by the same author(s)