The impact of social capital, entrepreneurial competence on business performance: An empirical study of SMEs

Building a business venture is a challenge for entrepreneurs. This study explains the understanding of social capital that individuals must have to develop their potential in the form of entrepreneurial competencies that will affect their business performance. This study aims to determine the impact of Social Capital, Entrepreneurship Competence on Business Performance (Empirical Study of SMEs in Bekasi City, West Java). This research is a survey study conducted on UKM players in Bekasi City, West Java. The unit of analysis is an individual who carries out business activities in the micro sector, namely selling food by opening a street food stall along Bekasi City streets. The data were collected using a questionnaire directly from 315 respondents who were selected according to the location that had been determined. The results of the study were described descriptively with analysis tools using the Structural Equation Modeling (SEM) approach using the SmartPLS software.