Citation:

Thomas, Lydiawati Soelaiman. "The Influence of Family Support, Finance, and Business Networks on the Success of Young Entrepreneurs with Innovation Capability as Mediation" International Research Journal of Economics and Management Studies, Vol. 2, No. 1, pp. 87-93, 2023.

Abstract:

This study's goal is to investigate the variables that affect young Jakartan entrepreneurs working in the food industry's capacity for innovation. This study also examines the role of innovation capability in mediating antecedent variables and the impact of innovation capability on business success. Culinary business is a business that is most favored by young entrepreneurs because it can be started with small capital but has broad market potential. The population in the study were young entrepreneurs aged 22 - 42 years. The purposive sampling method was used for data collection. The PLS-SEM approach was used to process the data. The findings of this study demonstrate that, in contrast to financial help, family support and business networks have an impact on innovative capability. This study also demonstrates that innovation capability can mediate family support and business networks on business success but cannot mediate financial support on the business success of young entrepreneurs in Jakarta.

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Keywords:

Family Support, Financial Support, Networking, Innovation Capability, Business Success.