Strategic Entrepreneurship Mindset, Strategic Entrepreneurship Leadership, and Entrepreneurial Value Creation of SMEs in East Java, Indonesia: A Strategic Entrepreneurship Perspective

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Florentina Anif Farida, Yustinus Budi Hermanto, Ardianus Laurens Paulus, Herdina Tyas Leylasari

2022 Sustainability (Switzerland) Vol. 14 Issue 16 Article Cited by 14 SDG 8SDG 17 Quartile

Abstract

This study investigates theories from the strategic entrepreneurship literature related to strategic entrepreneurship mindset, strategic entrepreneurship leadership, and entrepreneurial value creation. A sample of 85 SMEs was taken from the SME sector in East Java, Indonesia, using a non-probability sampling method with a purposive sampling technique. The data collection process was a survey with questionnaires distributed directly to the SME owners. The data analysis was carried out using a structural equation measurement model (PLS-SEM) and included outer model analysis, inner model analysis, mediation testing, and hypothesis testing. This study contributes to the strategic entrepreneurship leadership variable, which is a mediating variable. The study confirms this theory for SMEs to provide broader scientific ideas related to strategic entrepreneurship theory. The small and medium-sized enterprises (SMEs) that were looked at can create entrepreneurial value through benefits and added value for individuals, organizations, and the social environment. This can contribute to progress and sustainability, which will help the economy in Indonesia and give decision-makers more information. © 2022 by the authors.

Affiliations

Faculty of Business, Widya Mandala Surabaya Catholic University, Surabaya, 60265, Indonesia; Faculty of Management, Darma Cendika Catholic University, Surabaya, 60117, Indonesia; Faculty of Psychology, Widya Mandala Surabaya Catholic University, Surabaya, 60265, Indonesia

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