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IN
Journal article
Structural model for the role of government and social capital on business performance of weaving industry in Jembrana Regency of Bali
G.K. Gandhiadi
Volume : 1321 Nomor : 2 Published : 2019, November
Journal of Physics: Conference Series
Abstrak
One potential processing industry business developed in the area of Jembrana Regency of Bali is weaving industry. Weaving industry business is one of the creative industries based on local wisdom of Bali, need to be developed with the concept of modern entrepreneurship (orange economy). Based on empirical theory and facts, this study aims to examine how the direct influence of the role of government and social capital on business performance in the weaving industry in Jembrana Regency of Bali. Based on surveys and structured interviews on 70 business actors through data analysis techniques using SEM-PLS with Smart PLS 3.0 software support, it was found that: (1) the role of the government and social capital directly influenced positive and significant impact on business performance; and (2) the most dominant component of social capital is the network, then the norm and the last sense of trust. Strengthening of the government's role in all aspects and the capacity of social capital based on local wisdom are quite successful in improving the business performance of the weaving industry in Jembrana Regency of Bali