The State of Nascent Indonesian Entrepreneurship

Abstract

This study examines whether internal or external factors that influence Nascent Indonesian Entrepreneurs (NIE) require more support. Findings can help the government provide effective policies to support NIE. Data were collected using the Global Entrepreneurship Monitoring (GEM) questionnaire, completed by 1,015 respondents from 23 provinces in Indonesia who are nascent entrepreneurs from the Adult Population Survey (APS). Judgements from 37 Indonesian experts from the National Expert Survey (NES) were also collected. The study was conducted using mixed methods, with quantitative research (i.e., descriptive statistics), qualitative research (i.e., focusgroup discussion), and a literature review. Internal factors of NIE show good results, with high perceived opportunities, self-efficacy, and role models, and low fear of failure. However, some external factors, such as government policy and education entrepreneurship, should be improved. Since this study focuses on the big picture of NIE, there were no age, gender, or demographic differences. This study is first to support NIE by researching the entrepreneurial ecosystem.