THE EFFECT OF BUSINESS COMPETITION AND ACCESS TO CAPITAL ON THE PERFORMANCE OF MSMEs IN NORTH BUTON REGENCY Muhammad Rais R.* 1, Dwi Agustyawati2, Intan Sari3, Rembulan Sutrisno4
Faculty of Economics and Business, Muhammadiyah University of Buton
Abstract
This study aims to determine (1) the effect of business competition on MSME performance, (2) the effect of access to capital on MSME performance, (3) the effect of business competition and access to capital on MSME performance. The population in this study consisted of 154 MSMEs. The sampling technique used in this study was purposive sampling, so the sample in this study consisted of 97 MSMEs in North Buton Regency that met the criteria set by the author. The analysis method used in this study was multiple linear regression analysis.
The results of this study show that: (1) Business competition has a positive and significant effect on MSME performance with a t-value greater than the table t-value (4.635 > 1.986) with a significance value of 0.000 < 0.05, (2) Access to capital has a positive and significant effect on MSME performance with a t-value greater than the table t-value (2.705 > 1.986) with a significance value of 0.001 < 0.05, (3) Business competition and access to capital have a positive and significant effect on MSME performance with an F-value greater than the F-table value (45.974 > 3.09) with a significance value of 0.000 < 0.05. The coefficient of determination (R2) value is 0.494, which means that 49.4% of MSME performance can be explained by the variables of business competition and access to capital, while the rest is influenced by other variables that were not studied.
Keywords: Business Competition, Access to Capital, MSME Performance
