The Influence of Financial Literacy and Entrepreneurial Spirit on the Welfare of Weaving Craftsmen in Bali
DOI:
https://doi.org/10.38142/ijesss.v5i5.1181Keywords:
Financial Literacy, Entrepreneurial Spirit, Crafts, Small and Medium IndustriesAbstract
This study analyzes the influence of financial literacy and entrepreneurial spirit on the welfare of ate weavers in Karangasem Regency, Bali. Using multiple regression methods, data were collected from 95 respondents who were ate weavers. The results of the analysis show that financial literacy has a positive and significant influence on welfare with a coefficient of 0.45 (p-value <0.01), while entrepreneurial spirit also contributes positively with a coefficient of 0.35 (p-value <0.05). The research model explains 62% of the variation in the welfare of craftsmen. These findings indicate that increasing financial literacy and entrepreneurial spirit can improve the welfare of ate weavers. Therefore, training programs in both aspects are highly recommended to support local economic growth and community welfare.
Downloads
References
Amerta, I. M. S., Putra, I. B. U., Artana, I. W. S., & Darmawan, A. A. R. (2024). Identification of the" 4 a" potential in developing the tourist attraction of Jaga Satru Waterfall in East Duda Village, Karangasem district. International Journal of Environmental, Sustainability, and Social Science, 5(2), 387-401. https://doi.org/10.38142/ijesss.v5i2.1034
Andarsari, Poh. R., & Ningtyas, M. N. (2019). The Role of Financial Literacy on Financial Behavior. Journal of Accounting and Business Education, 4(1), 24–33. https://doi.org/10.26675/jabe.v4i1.8524
Anggreni, N. K. D. A., Sara, I. M., & Saputra, K. A. K. (2023). The Effect of Sustainability Accounting, Work Environment, and Leadership on Employee Performance. Journal of Entrepreneurial and Business Diversity, 1(1), 72–77. https://doi.org/10.38142/jebd.v1i1.73
Arsyadi, S. A., & Arif, M. (2022). Analysis of Socio-Demographics and Welfare of the People of Pemalang Based on Differences in Livelihood Economic Sector. Prosiding University Research Colloquium, 276–293.
Cooke, P. (2020). Dark Entrepreneurship, the ' Dark Triad ' and Its Potential ' Light Triad ' Realization in Green Enterpreneurship. Urban Science, 4(45), 17. https://doi.org/doi:10.3390/urbansci4040045
Dewi, V. I., Febrian, E., Effendi, N., Anwar, M., & Nidar, S. R. (2020). Financial Literacy and its Variables: The Evidence from Indonesia. Economics & Sociology, 13(3), 133–154. https://doi.org/10.14254/2071-789X.2020/13-3/9
Djawahir, A. U. (2018). Teknologi- Layanan Keuangan, Literasi-Inklusi Keuangn, dan Value pada Fintech Syariah di Indonesia : Perspektif S-O-R (Stimulus-Organism-Response) Model. Annual Conference For Muslim Scholars, 01, 439–448.
Escandon-Barbosa, D., & Salas-Páramo, J. (2023). The Role of Informal Institutions in the Relationship Between Innovation and Organisational Learning in Export Performance: A Bidirectional Relation? Asia Pacific Management Review, 28(2), 185–193. https://doi.org/10.1016/j.apmrv.2022.08.001
Fitriyani, L., & Priyono, N. (2023). Pengaruh Pengelolaan Dana Desa dan Transparansi Penggunaan Dana Desa Terhadap Kesejahteraan Masyarakat Desa Nglorog pada Masa Pandemi Covid-19. SANTRI: Jurnal Ekonomi dan Keuangan Islam, 1(6), 305–316. https://doi.org/10.61132/santri.v1i6.163
Downloads
Published
Issue
Section
License
Copyright (c) 2024 A.A Ketut JAYAWARSA, Komang Adi Kurniawan SAPUTRA
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Creative Commons Attribution-NonCommercial 4.0 International License.
