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The Influence of Business Capital, Financial Inclusion, and Intellectual Capital on MSME Performance (A Case Study of the Culinary Sector in Harjamukti District, Cirebon City)

  • 1*,2,3 Universitas Muhammadiyah

* Corresponding Author: Febiyanti Febiyanti

Open Access
DOI
https://doi.org/10.59431/ijer.v6i3.961
Published
Pages
1328-1339

Issue

Vol. 6 No. 3 (2026)

Indonesian Journal Economic Review (IJER)
September

Abstract

Improving the performance of MSMEs is crucial for supporting economic growth and community welfare. This study aims to analyze the impact of business capital, financial inclusion, and intellectual capital on the performance of MSMEs in the culinary sector of Harjamukti District, Cirebon City. The study employs a quantitative approach using multiple linear regression analysis. The research population consists of 986 MSMEs, with a sample of 91 MSMEs determined using the Slovin formula. Data were collected via Likert-scale questionnaires. The results indicate that business capital and financial inclusion have a positive and significant effect on MSME performance, whereas intellectual capital does not have a significant effect. However, simultaneously, the three variables significantly influence MSME performance. These findings highlight the importance of strengthening business capital and financial inclusion to enhance MSME performance. 

Keywords

MSME Performance Intellectual Capital Financial Inclusion Business Capital Culinary Sector

How to Cite

Febiyanti, F., Indriyani, R., & Muzayanah, M. (2026). The Influence of Business Capital, Financial Inclusion, and Intellectual Capital on MSME Performance (A Case Study of the Culinary Sector in Harjamukti District, Cirebon City). Indonesian Journal Economic Review (IJER), 6(3), 1328-1339. https://doi.org/10.59431/ijer.v6i3.961

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Author Biographies

  • Febiyanti Febiyanti, Universitas Muhammadiyah

    Accounting Study Program, Faculty of Economics and Business, Universitas Muhammadiyah, Cirebon City, West Java Province, Indonesia.

  • Rinni Indriyani, Universitas Muhammadiyah

    Accounting Study Program, Faculty of Economics and Business, Universitas Muhammadiyah, Cirebon City, West Java Province, Indonesia.

  • Muzayanah Muzayanah, Universitas Muhammadiyah

    Accounting Study Program, Faculty of Economics and Business, Universitas Muhammadiyah, Cirebon City, West Java Province, Indonesia.

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Copyright (c) 2026 Febiyanti Febiyanti, Rinni Indriyani, Muzayanah Muzayanah

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