The Influence of Risk-Taking and Self-Confidence on MSME Performance

Authors

  • Reni Wijaya Wijaya AMIK Jayanusa
  • Darsih Darsih Universitas Serasan Muara Enim Sumatera Selatan
  • Dorris Yadewani Universitas Sumatera Barat
  • Henny wati Universitas Sumatera Barat

DOI:

https://doi.org/10.54099/ijibmr.v5i2.1665

Keywords:

Risk-taking, sociocultural, Perfomance of MSMEs

Abstract

This study examines the influence of risk-taking and self-efficacy on the performance of MSMEs in Padang using a descriptive quantitative method and an ex post facto approach. Data was collected thru an online survey of 60 MSME actors using a standardized questionnaire. Data were analyzed using SPSS version 26 to test the relationship between variables. The results show that risk-taking and self- efficacy significantly influence MSME performance, assisting entrepreneurs in decision-making, strengthening competitiveness, and capitalizing on business opportunities. These findings indicate that psychological and sociocultural aspects play a significant role in the success of MSMEs. This research expands understanding of internal factors influencing the performance of small and medium-sized enterprises and provides recommendations for developing psychological-based training programs to promote MSME growth

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Published

2025-12-19

How to Cite

Wijaya, R. W., Darsih, D., Yadewani, D. ., & wati, H. . (2025). The Influence of Risk-Taking and Self-Confidence on MSME Performance. International Journal of Islamic Business and Management Review, 5(2), 257–268. https://doi.org/10.54099/ijibmr.v5i2.1665

Issue

Vol. 5 No. 2 (2025)

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Copyright (c) 2025 Reni Wijaya Wijaya, Darsih Darsih, Dorris Yadewani

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