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Entrepreneurship is part of the way of life in Islam, which has its own way of doing business as stated in the Quran and Hadith. In Islam, intention is an important factor in identifying someone's motivations and characteristics in establishing entrepreneurial activities. This study aims at providing insights on the dimension and concept of entrepr...
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In Islam, hadith is regarded as a secondary source after Holy Quran covering various aspects of life including psychological and anthropological matters. Due to the critical role of hadiths in Islamic cultures, the researchers of the present study decided to scrutinize one of the Imam Reza’s hadiths from psychological points of view. The present st...
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... A growing body of literature shows that the intentions to start a business rely on a variety of factors-either micro or macro-depending on how they are related to the country. The source of these differences may be the country's distinct institutional context (Busenitz et al. 2000;Anggadwita et al. 2017;Boudreaux et al. 2019;Fuentelsaz et al. 2019) as well as the differences in the impact of individual motives on entrepreneurial intentions (Liñán and Chen 2009;Tsai et al. 2016;González-Serrano et al. 2018;Bagis et al. 2022). Thus, there are calls for researchers to examine entrepreneurial intentions by considering the impact of context (Thornton et al. 2011;Schmutzler et al. 2019;Litzky et al. 2020). ...
This study aims to examine the effect of institutions on entrepreneurial intentions, the mediation of individual motives in this relationship, and the moderating effect of the country. We tested a sample of 678 questionnaires using quantitative research methods. We used confirmatory factor, correlation, multiple regression, mediation, and moderated mediation analyses to analyze the data. Findings show that normative institutions affect entrepreneurial intentions in Turkey and Kosovo. They also reveal that the personal attitude, subjective norm, perceived behavioral control, and need for achievement have a full mediation relationship between regulatory institutions and entrepreneurial intentions and a partial mediation relationship between normative and cultural-cognitive institutions and entrepreneurial intentions. Finally, we found no moderating effect of the country in the relationship between institutions and entrepreneurial intentions. The study contributes to the literature and provides policy and managerial implications on the macro and micro factors that affect entrepreneurial intentions in developing and transition economies.
... From the research of Anggadwita et al. (2017), it is shown that 54% of Moslem entrepreneurs in Indonesia have managed micro businesses, 26% have small businesses, 16% manage mediumscale businesses, and 4% manage large businesses. In regard to starting in the business world, 15% have started a business in less than a year, amounting to 25% between one to three years, 30% between four to six years, 15% between seven to ten years, while 15% have managed the business for more than ten years. ...
This study aims to explain the strengthening of entrepreneurship based on sharia empowerment for micro, small and medium enterprises (MSMEs) in dealing with the impact of the Covid-19 pandemic. This research focuses on three things: 1) Indonesian MSMEs, 2) Moslem entrepreneurship, and 3) Sharia empowerment. Using qualitative approaches, descriptive methods, and exploratory analysis, this research tries to provide the rationale for strengthening MSMEs using the spectacle of sharia empowerment amidst the pandemic. Despite the halt of business operations in this pandemic, we found that many MSMEs, which are home-based businesses, have sprung up but need an empowerment process to survive and thrive. This condition is seen as a major challenge for sharia empowerment programs. This paper provides a conceptual framework to understand how sharia empowerment can strengthen the MSMEs. However, this research has some limitations, one of which is the inability to validate the findings directly; therefore, we encourage further research to cover these matters.
... Islamic Education can also create Islamic Motivation. Islamic Education fosters values in human beings (Anggadwita, Ramadani, Alamanda, Ratten, & Hashani, 2017). Education to continue to apply Islamic values in daily life will foster Islamic motivation. ...
Research aims: This study aims to examine the mediating role of Islamic Motivation on the relationship between Islamic Education and the Intention of Sharia Stock Investment during the COVID-19 Pandemic.
Design/Methodology/Approach: This research using purposive sampling method with 101 observations of students at University of Muhammadiyah Malang. The data was tested using Smart PLS through several tests, such as Outer Model, Inner Model and Hypothesis Testing.
Research findings: The results showed that Islamic education had no effect on Intention of Sharia Stock Investment, but had an effect on Islamic motivation. Islamic motivation influences the intention of sharia stock investment. Furthermore, Islamic Motivation is also able to mediate the relationship between Islamic Ecation and Intention of Sharia Stock Investment. Thus the mediation that occurs is full.
Theoretical contribution/Originality: This research can be essential information for higher education in the Intention of Sharia Stock Investment, especially in the COVID-19 Pandemic.
Research Implication: This research has implications for policies in the field of education, especially universities in generating investors in Islamic stocks by strengthening understanding and developing Islamic education and Islamic stock investment skills for students.
... These include the acknowledgment of chances and the formation of new pursuits. In a religious community or country like Indonesia, religion plays a more predominant role than social class (Anggadwita et al., 2017). Subsequently, strictness reflected in spirituality can trigger enterprising expectations (Sulung et al., 2020). ...
Spirituality is now becoming popular because of the physical and mental advantages it brings to entrepreneurship. Regardless of its more philosophical measurement, changes owing to spirituality have been distinguished in people’s mental and standards of conduct. This investigation aims to examine the qualities related to university students, looking to explicitly comprehend the separate individual qualities or the psychological and cognitive inclinations. Tested on a sample of 300 students, Structural Equation Modeling results exhibit that those who participate in spiritual rituals tend to reinforce the mental and psychological credits connected with an entrepreneurial intention. Since entrepreneurial behavior is a priority to boost economic growth, spirituality should be coordinated as a mandatory subject in general instruction from primary school onward. The results of this exploration could be a model for the Indonesian government as they attempt to search for the best model for Entrepreneurship Education Program (EEP).
... Kewirausahaan telah menjadi minat khusus bagi para peneliti yang berfokus pada pengembangan bisnis dan perencana kebijakan publik. Hal ini disebabkan kewirausahaan men dorong inovasi pasar yang krusial dalam dunia bisnis global yang semakin kompleks (Ramadani et al., 2016;Ratten et al., 2017). Kemauan pengusaha untuk menghadapi risiko dan menjadi kreatif adalah ciri khas utama dari kepribadian dan perilaku mereka. ...
Tujuan penelitian ini adalah untuk mendapatkan model Social
Entrepreneurship yang Islami bagi Usaha Mikro dan Kecil
(UMK) binaan ‘Aisyiyah. Model bisnis dengan konsep Social
Entrepreneurship yang Islami, khususnya bagi Kelompok UMK
ini, saat ini menjadi bagian penting dari Strategi Nasional Indo�nesia yang sedang mewujudkan sebagai Negara pusat Indus�tri Halal dunia. Penelitian ini merupakan penelitian kuali tatif,
dengan pendekatan studi kasus. Pengumpulan data dilakukan
de ngan teknik participatory observative, melalui aktivitas
yang dilakukan oleh partisipan atau key informan, dengan
menggunakan snowball technique, dan dengan in-depht
interview. Selain itu proses pengumpulan data juga dilakukan
dengan melalui Focus Group Discussion (FGD), setelah melalui
sajian data dan reduksi data, sehingga dapat digunakan untuk
memverifikasi data yang sudah terkumpul. Selanjutnya proses
analisis data dilakukan bersamaan dengan proses pengumpulan
data untuk mendapatkan kesimpulan. Hasil penelitian ini
adalah terbentuknya bisnis dengan berbasis nilai-nilai yang
Islami melalui Social Entrepreneurship bagi Usaha Mikro dan
Kecil, untuk bersiap menuju industry halal.
... The intention is reflected by entrepreneurship education and mindset that drive individuals' behavior [1], [14]. The researchers include Islamic values as a predictor variable which affects entrepreneurial education, mindset, and intentions [15]. Additionally, a prior study by Henley [3] believes that a religion is not straightly related to entrepreneurial intention but drives through its values. ...
... Similar with religions, Islamic values do not directly link with entrepreneurship instead of promoting values in society that can stimulate entrepreneurial activity [15]. As a distinctive and unique Islamic education model, Islamic boarding schools provide entrepreneurship education even though it is not entirely different from entrepreneurship education in formal institutions or schools. ...
... The first hypothesis of our study, Islamic values, succeeded in influencing Islamic boarding school students' intention. The outcome of this work support some preliminary works that explain the effect of Islamic values on entrepreneurial intention [15], [25]. The finding of this study is reasonable considering religion has an impact through values and further indirectly affects entrepreneurial intentions through the mindset and attitude of individuals [32], [33]. ...
span lang="EN-US">This paper traces how the Islamic values drive entrepreneurship education and intention for entrepreneurship, as well as examines the moderating role of the entrepreneurial mindset. We adopted structural equation modeling-partial least squares (SEM-PLS) to gain detailed information on how the connectivity among variables. This study involved 381 students in several Islamic boarding schools who incorporated entrepreneurial practices. The findings indicated that Islamic values are highly incorporated with entrepreneurial intention, entrepreneurial education and entrepreneurial mindset of Islamic boarding schools. This study also confirmed that there is a rigorously significant between entrepreneurship education, mindset, and students’ entrepreneurial intentions. Lastly, this paper notes that the mindset of entrepreneurship plays a pivotal role in mediating Islamic value and entrepreneurship education with regard to students’ entrepreneurial intention. This work offers Islamic values as a contextual factor that greatly influences the enhancement of Islamic boarding school students’ intentions.</span
... This generosity is manifested by sharing the excess assets owned by the needy. When the excess wealth is distributed to the needy, this property also functions as a medium for mankind to get closer to Allah SWT (Ratten, et al., 2017). In this way, wealth is not a mere personal goal of life but a wasilah for mutual benefit and meeting needs. ...
... Hisrich explained more broadly that what is meant by entrepreneurship is the process of creating something different from before by requiring time and effort along with the use of money, physical, and risk. It aims to increase or generate value, then generates remuneration in the form of money, satisfaction and personal freedom (Ratten, Alamanda, et al., 2017) According to the Islamic view, entrepreneurship is included in aspects of life that are classified as muamalah issues, namely issues related to the relationship between humans and other humans that are horizontal and will still be accounted for in the hereafter. In Surah An-Najm, verses 39-42 remind people: ...
... This generosity is manifested by sharing the excess assets owned by the needy. When the excess wealth is distributed to the needy, this property also functions as a medium for mankind to get closer to Allah SWT (Ratten, et al., 2017). In this way, wealth is not a mere personal goal of life but a wasilah for mutual benefit and meeting needs. ...
... Hisrich explained more broadly that what is meant by entrepreneurship is the process of creating something different from before by requiring time and effort along with the use of money, physical, and risk. It aims to increase or generate value, then generates remuneration in the form of money, satisfaction and personal freedom (Ratten, Alamanda, et al., 2017) According to the Islamic view, entrepreneurship is included in aspects of life that are classified as muamalah issues, namely issues related to the relationship between humans and other humans that are horizontal and will still be accounted for in the hereafter. In Surah An-Najm, verses 39-42 remind people: ...
This study aims to find out how the strategy of distribution implemented by Muhammadiyah Zakat Management Institution (Lazismu) in the entrepreneurship empowerment program and zakat distribution program for zakat recipients. The method in this study uses a descriptive qualitative approach with data collection techniques in the form of observation, interviews, and documentation, with validity using a triangulation model. Sampling was focused on the distribution of the entrepreneurship empowerment program for the 2021 period. The sample studied was the zakat manager and 8 zakat recipients of the empowerment program. This study shows that financial assistance in the form of zakat funds can increase the income and economy of most recipients. Accordingly, this program helped the community to improve the business and realize the main goal of productive zakat, namely increasing the economy of zakat recipients and adding new zakat givers and new zakat recipients. Furthermore, the main objective is to develop and advance the economy of the poor zakat recipients. The solution offered regarding the problems faced by Zakat recipients is to maximize the role of the Leaders in monitoring and empowering zakat recipients on an ongoing basis. In addition, monitoring and supervision are carried out by holding regular recitations for zakat recipients
... Experiential learning being a widely advocated style of teaching entrepreneurship enables the students to deal directly with reality. They are also encouraged to reflect on their experiences gained thereof (Anggadwita et al., 2017a(Anggadwita et al., , 2017b. Increasing the student's ability to connect with the real-life business situation and business community is the primary goal of the entrepreneurship programme. ...
The higher education institutes (HEIs) are playing a key role in imparting entrepreneurship education. Entrepreneurship education is mainly based on experiential education and received a setback due to COVID-19 as all the HEIs in the region were forced to shift to unplanned online teaching. This chapter analyses the situation of COVID-19 from the perspective of economy, entrepreneurship, and HEI roles during the pandemic and post-pandemic scenarios. This chapter proposed an environment model suggesting the need for state intervention in the entrepreneurship education that subsequently influences social entrepreneurship.
... Micro, small and medium enterprises are the main pillar of entrepreneurial development that is able to support the local and national economy in Indonesia (Dana, 1999). In line with this, socio-cultural habits and religious teachings that develop in the community also shape the characteristics of entrepreneurship (Anggadwita et al., 2017a(Anggadwita et al., , 2017b. The role of the government to encourage the creation of community entrepreneurship activities is very important because entrepreneurial growth is expected to improve the community's economy, which in turn increases national economic growth (Asongu and Tchamyou, 2016;Bruton et al., 2015). ...
