The Linkage of Entrepreneurship and Business Sustainability and Mediation Role of Financial Intangible Success Factors

Abstract

This study intends to investigate the linkage between entrepreneurship and business sustainability and the mediation of financial intangible success factors. The research population is small and medium industries (SMI’s) in Probolinggo Regency, East Java, Indonesia. The sampling technique uses simple random sampling with the number of respondents as many as 70 industrial entities. Data was collected through an online questionnaire using the Likert 1 scale answer until 5. Data analysis techniques used a structural equation model with the help of a Partial Least Square (PLS) data processing program. Based on the results of data analysis revealed that entrepreneurship effect business sustainability and financial intangible success factors mediate the interrelationship of these influences. Thus, the findings of this research become very important to further optimize the governance of intangible financial assets in order to maximize the realization of a business sustainability.