Andrian D Huruta | Universitas Kristen Satya Wacana (original) (raw)

Papers by Andrian D Huruta

Journal of Open Innovation: Technology, Market, and Complexity, 2025

The relationship between sustainable agriculture, entrepreneurship, and innovation is an increasi... more The relationship between sustainable agriculture, entrepreneurship, and innovation is an increasingly important global issue because sustainable agriculture contributes to a country's economy. This study aims to explore entrepreneurial literacy based on sustainable agricultural knowledge in agricultural SMEs and explore the application of sustainable agricultural knowledge in carrying out agricultural SMEs entrepreneurial activities. This study uses a qualitative approach with a case study method using data collection techniques through in-depth interviews. Key informants and supporting informants for the study are urban agricultural actors who carry out SMEs entrepreneurial activities in the agricultural sector. The triangulation technique used in this study increases the validity of the findings. Through an investigation using TBL, this study successfully explored entrepreneurial literacy based on sustainable agricultural knowledge in agricultural SMEs and explored the application of sustainable agricultural knowledge in carrying out agricultural SMEs entrepreneurial activities. This study can help develop concepts related to entrepreneurial literacy based on sustainable agricultural knowledge, especially when viewed from the intellectual capital approach within the knowledge-based view (KBV) framework and the open innovation approach. This study also serves as a foundation for the government to improve entrepreneurship education programs and entrepreneurial literacy based on sustainable agricultural knowledge, which can encourage the implementation of sustainable entrepreneurship.

Economic Review: Journal of Economics and Business, 2024

This study aims to investigate the role of financial literacy in green microfinance investment in... more This study aims to investigate the role of financial literacy in green microfinance investment in women's microfinance groups. It considers renewable energy efficiency and financial literacy as factors that influence green microfinance. The study's main goal is to examine the direct and indirect relationships among these three factors. The findings suggest that a pro-climate (SDG 13) policy in response to energy efficiency (SDG 7) is supported by pro-local knowledge-based financial inclusion (SDG 4). Energy efficiency, climate action, and local knowledge-based financial inclusion are seen as policy options to reduce poverty in rural areas in East Sumba.

Cogent Business & Management, 2024

Sustainability and community-based tourism nexus: a mediation role of consumer satisfaction andri... more Sustainability and community-based tourism nexus: a mediation role of consumer satisfaction andrian Dolfriandra huruta a , gatot sasongko a , Yustinus Wahyudi a , istiarsi saptuti sri kawuryan a and carol Yirong lu b a Department of economics, satya Wacana Christian university, salatiga, indonesia; b Department of Business Management, national united university, taiwan, RoC ABSTRACT this research aims to analyze the effects of community-based tourism and consumer satisfaction on tourism sustainability in Breksi cliff Park, Yogyakarta, indonesia. statistical power and arrows were used to determine the minimum sample size. a total of 299 responses were collected for statistical analysis. a simple mediation model was employed, and the data were analyzed using Partial least squares-structural equation Modeling (Pls-seM) in smartPls. the results show that the local community, food, superstructure, and natural environment have positive and significant effect on the consumer satisfaction. Further, local culture, entertainment, superstructure, and consumer satisfaction have positive and significant effect on the tourism sustainability. however, the local culture has negative effect on the tourism sustainability. in addition, the mediation of local community, natural environment, local food, and local superstructure strengthens the effect of consumer satisfaction on the tourism sustainability. these findings are expected to contribute to the government's decision-making on community-based tourism and tourism sustainability, and highlight possible actions that the government and policymakers can take to realize sustainable tourism. the government needs to foster local culture performance, especially in renewing local culture property. the government also needs to maintain and improve the uniqueness of local food, reliefs on the Breksi cliff walls, and local entertainment (regular special events).

Industrija, 2023

The purpose of this study is to examine determinants of poverty in regencies/cities in Central Ja... more The purpose of this study is to examine determinants of poverty in regencies/cities in Central Java. This study examined poverty, investment, savings, and infrastructure as the research variables by focusing on the vicious cycle of poverty. The data was obtained from the Central Bureau of Statistics in Central Java. The data was analyzed using the System-Generalized Method of Moments (SYS-GMM) model using a dynamic panel data model. The results show that both investment and infrastructure negatively and significantly impact poverty. However, saving has a positive and low significant impact on poverty. It was interesting to note that the disparity in savings ownership contributes to the high poverty level. These findings contribute to the government's efforts to alleviate poverty in the regencies/cities in Central Java. Our findings also provide valuable insights into poverty dynamics in Indonesia.

Industrija, 2024

This study aims to examine the spillover effects of return and volatility between three different... more This study aims to examine the spillover effects of return and volatility between three different assets (Bitcoin, Gold, and Nasdaq) using GARCH-ARMA models. The data is taken from monthly closing prices from January 2015 to February 2024 through Investing.com. The analysis focuses on understanding how these three assets interact regarding the spillover effect of return and volatility, particularly during periods of economic uncertainty. Our findings indicate that spillover effects of return are visible from Bitcoin to Nasdaq, Nasdaq to Bitcoin, and Nasdaq to Gold. In addition, spillover effects of volatility are visible from Gold to Bitcoin, Bitcoin to Nasdaq, Nasdaq to Bitcoin, and Nasdaq to Gold. Our finding highlights the dynamic relationship between traditional and digital assets, emphasizing Bitcoin's potential role as a financial hedge likely to Gold and Nasdaq.

Revista De Cercetare Si Interventie Sociala, Sep 29, 2023

COVID-19 has been of great concern since it broke out. Many countries have put more effort into s... more COVID-19 has been of great concern since it broke out. Many countries have put more effort into securing vaccines and therapeutic medicines. In the meantime, there has been a large number of scholarly efforts in figuring out the relationship between smoking and new coronary pneumonia. This study firstly collected daily data (the number of people hospitalized with new coronary pneumonia, severe cases, and the number of people double-vaccinated against new coronary pneumonia in various countries or regions) and annual data (the human development index and smoking rate of each country or region). We collected data from 160 countries from the Our Data World database. The time is for January 1, 2020 through June 30, 2022. We divided daily and annual data into the first-level and second-level data. Finally, we checked the relationship between smoking and COVID-19 in a Hierarchical Linear Model (HLM). The result shows that smoking raises the number of new cases of infection and death among people fully vaccinated per hundred. There is a partial mediating effect of new cases smoothed per million over new deaths smoothed per million. Smoking significantly increases the effect of new cases smoothed per million over new deaths smoothed per million. Our findings have high generalizability around the world.

Industrija, 2021

In the literature, the existence of the Phillips curve in every country has been extensively expl... more In the literature, the existence of the Phillips curve in every country has been extensively explored. The goal of this research is to investigate the inflation-unemployment trade-off in Indonesia. We used secondary data for 1977 through 2019 from the World Bank for analysis. The Structural Vector Autoregression (SVAR) results revealed a negative connection between unemployment and inflation. There is a one-way relationship between unemployment and inflation in particular. We discovered several factors that influence unemployment. Those factors include working population over 15 years old according to the primary employment (both field and status) and Gross Domestic Product at constant prices according to expenditures.

This study aims to determine the factors influencing the female workers ’ income in Central Java ... more This study aims to determine the factors influencing the female workers ’ income in Central Java such as age, level of education , number of family depend e nts , marital status, business field, and type of area. The data used in the study was a secondary data from the Central Bureau of Statistics (National Socio-Economic Survey). The d ata from the survey were in the form of Household Main Information and Household Members in Central Java in 2008. Methodically, this study used a cross - sectional model with multiple linear regression analysis. The results showed that the variables of age and level of education had a positive and significant influence on the income of female workers, and further , business field ha d a negative and significant influence on the income of female workers, but the number of family depend e nts , marital status , and type of area ha d no significant effect on the income of female workers in Central Java. It implies that the government in Central Java sho...

Industrija, 2024

Cogent Business and Management, 2024

country image, brand image, and warranty knowledge are essential for evaluation and d... more country image, brand image, and warranty knowledge are essential for evaluation and decision-making. this study examines the effects of these three variables on the purchase intentions of a car as a high-involvement product with high-risk attributes. this study investigates the role of consumer knowledge of essential product external cues, namely product warranty, which is relevant mainly for risk-averse consumers. specifically, the present research tests the moderating effects of two categories of product warranty knowledge, subjective and objective, on the relationship between country image and brand image on purchase intentions in two different consumption situations: personal and business. the current study applies a quantitative approach and collected data through a survey of 386 respondents who are the owners and managers of car rental service providers in central Java, indonesia. the hypothesis was tested using structural equation modeling, and the findings indicate the significant effects of country image and brand image on purchase intentions in personal and business settings. Further tests demonstrate that only subjective warranty knowledge moderates the relationship between country image and purchase intentions but not the relationship between brand image and purchase intentions in personal and business backgrounds. this study offers several managerial implications for future research, particularly when comparing the models of individual and business consumers.

Cogent Economics & Finance

This research aims to examine the mediating role of microfinance governance in the relationship b... more This research aims to examine the mediating role of microfinance governance in the relationship between financial literacy and microfinance sustainability. The research used the purposive sampling method to collect data from the Women Farmers Group (WFG) "Tapa Walla Badi" in Mbatakapidu village, East Sumba, Indonesia. The survey was conducted from November through December 2021 with the valid sample for analysis was 200 questionnaires. The Partial Least Squares-Structural Equation Model (PLS-SEM) was used for analysis. The bootstrapping and the Sobel test were required for a better understanding of the findings. Robust test and focus group discussion (FGD) made our methodology more reliable. The findings show that financial literacy plays an important role in the transformation of rural microfinance institutions (MFIs). Financial literacy works positively on the sustainability of rural microfinance via governance. Age, gender, education, and employment situation were taken into account in financial literacy. This research provides a comprehensive view to policymakers in developing rural MFIs, thus implies the urgency to promote financial literacy and improve governance structures within MFIs. The local government may create pro-financial inclusion policies that support sustainable MFIs by implementing financial literacy curriculum in formal and non-formal education.

Cogent Business & Management

This research aims to analyze the direct and indirect effect of green human resource management (... more This research aims to analyze the direct and indirect effect of green human resource management (HRM), employee green commitment, and employee job satisfaction on green creativity. This research employed a questionnaire to collect samples from companies in Indonesia committed to going green. A total of 200 responses were collected for statistical analysis with Partial Least Square-Structural Equation Modeling (PLS-SEM). This research provides empirical evidence that the green HRM, employee green commitment, and employee job satisfaction have both direct and indirect (mediating) effects on the green creativity. These findings offer useful insights into green creativity practices in Indonesia, including the mediating role of employee green commitment and employee job satisfaction.

Revista de Cercetare si Interventie Sociala, 2023

Journal of Cleaner Production, 2020

Microfinance has been addressed as a mechanism to increase financial access to the poor as one of... more Microfinance has been addressed as a mechanism to increase financial access to the poor as one of the sustainable development goals. Accordingly, a more comprehensive understanding of the determinant factors of microfinance sustainability is necessary to implement further these financial institutions in rural areas. This research seeks to develop sustainability microfinance models and policy formulation to alleviate poverty in rural communities in East Sumba. We collect the data by distributing questionnaires to 148 stakeholders of the Tapa Walla Badi microfinance group in Mbatakapidu and the Rinjung Pahamu microfinance group in Wangga village. Focus group discussions in those locations supplement the data from the questionnaires. The endogenous and mediating variables of this study are microfinance sustainability and governance factors, respectively. Meanwhile, the exogenous variables are social, economic, and environmental factors. We then quantitatively analyze the data by using structural equation modeling (SEM) through the analysis of moment structures (AMOS). The findings show the mediating role of governance factors in microfinance sustainability. To do so, the MFIs need to maintain their positive attitudes towards the environment and implement green practices to achieve sustainability. The last but not least, this study provides empirical evidence regarding the level of adaptation of small-scale MFIs to green MFIs. Thus, the transformation process towards a green MFI can survive in the long-run through good governance support. The MFIs can oversee the process by initiating green practices and launching environment-based loan products.

International Journal of Innovation, Creativity and Change, 2020

This research examines the influence between access to financing and performance through the medi... more This research examines the influence between access to financing and performance through the mediation of entrepreneurial-oriented finance in batik SMEs. The structural equation modelling (SEM) analysis results of 265 SMEs reveal that entrepreneurial-oriented finance has an influence between financing access and SME performance. A positive direct effect is found in the relationship between financing access and entrepreneurial-oriented finance as well as entrepreneurial-oriented finance and SME performance. Entrepreneurial-oriented finance has a full mediation role in financing access towards SME performance. No positive influence is found between financing access and SME performance. Based on the research results, in order to improve business performance, it is not enough to only rely on financing access. Entrepreneurs should also improve their ability to obtain and utilise funds to develop their businesses. Therefore, the financial aspect can optimise business performance through entrepreneurial oriented financial activities completed by entrepreneurs.

Masyarakat, Kebudayaan dan Politik, 2020

The Tirta Mandiri village-owned enterprises or BUMDes is one of the best village-owned enterprise... more The Tirta Mandiri village-owned enterprises or BUMDes is one of the best village-owned enterprises in Indonesia. It has made these village-owned enterprises a learning center for others in Indonesia. Currently, Tirta Mandiri village-owned enterprises have the role of creating new business fields in Ponggok Village (Polanharjo District, Klaten Regency). This study applied a qualitative method by conducting a case study. The primary data gathered through in-depth interviews with seven key informants and two supporting informants. The secondary data collected through the business management and planning documents of the Tirta Mandiri village-owned enterprises. Tirta Mandiri village-owned enterprises have been able to develop seven business units in the form of Limited Companies (Ltd.). Their presence can increase the output, income, and labor (multiplier effect) of the Ponggok villagers. It is proven by the presence of new businesses in the community. The development of the Tirta Mandiri village-owned enterprises is inseparable from the social capital of the community as a foundation for the development of the village-owned enterprises themselves. Furthermore, community participation actualized through investments, which are a sign of the public's trust in the village-owned enterprises. Money is energy, and planning is the compass, and authority is the driver where the village takes part in realizing its autonomy. Learning from experience is one way to create sustainable village-owned enterprises.

Research Reports , 2016

Tujuan dari penyusunan kajian ini adalah menganalisis posisi Retribusi Pelayanan Parkir di Tepi J... more Tujuan dari penyusunan kajian ini adalah menganalisis posisi Retribusi Pelayanan Parkir di Tepi Jalan Umum terhadap PAD Kota Salatiga, menganalisis potensi retribusi daerah yangdapat disumbangkan dari retribusi Retribusi Pelayanan Parkir di Tepi Jalan Umum dan mengidentifikasi berbagai permasalahan yang dihadapi dalam upaya peningkatan retribusi Retribusi Pelayanan Parkir di Tepi Jalan Umum. Secara keseluruhan laporan kajian disajikan dalam lima pokok bahasan yang meliputi pendahuluan, telaah literatur, perkembangan retrivusi pelayanan parkir di tepi jalan umum, potensi retribusi pelayanan parkir di tepi jalan umum, serta kesimpulan dan rekomendasi. Hasil dari penyusunan Kajian Potensi Retribusi Pelayanan Parkir di Tepi Jalan Umum Kota Salatiga imaksudkan untuk memperoleh data atau informasi tentang potensi besarnya penerimaan retribusi daerah dari retribusi Retribusi Pelayanan Parkir di Tepi Jalan Umum yang dapat disumbangkan pada PAD Kota Salatiga melalui observasi perhitungan jumlah kendaraan bermotor roda dua atau lebih dalam di wilayah Kota Salatiga.

Review of Integrative Business and Economics Research, 2021

This study is aimed to investigates the shock of money supply and the interest rate in Indonesia.... more This study is aimed to investigates the shock of money supply and the interest rate in Indonesia. The Analysis was conducted by Structural Vector Autoregression (SVAR). The results proved the shock of the BI (Bank of Indonesia) Rate had a greater influence by itself than the shock of the money supply. In contrast, the shock of the money supply had a greater influence by itself than the shock of the BI Rate. This indicates the money supply of Indonesia does not have any impact on the interest rate, and vice versa. It means if the government wants to control the interest rate, the government cannot use the money supply as an instrument, and vice versa. In Indonesia, the interest rate can be controlled by strengthening the role of the regional inflation monitoring team and the national inflation monitoring team. So, managing good inflation will be able to control the interest rate. In addition, we provide evidence of the liquidity closely related to security and sustainability areas such as money laundering, terrorism financing, corruption, and taxation.

International Entrepreneurship Review, 2019

Objective: Labor economics policy instruments, such as gross domestic product (GDP) and unemploym... more Objective: Labor economics policy instruments, such as gross domestic product (GDP) and unemployment are persistent challenges for every country. As an emerging country, Indonesia seeks to reduce unemployment and increase gross domestic product. The aim of this study is to investigate the relationship between GDP and the open unemployment rate in Indonesia starting from 1987 to 2017.

Research Design & Methods: The data were obtained from Indonesia’s Central Bureau of Statistics website. Moreover, the econometric model of the Granger causality and Structural Vector Autoregression capture the causality of GDP and the open unemployment rate.

Findings: The Granger causality test suggested the open unemployment rate does Granger cause gross domestic product, but not vice versa. In line with the Structural Vector Auto-regression, there was a negative relationship between GDP and the open unemployment rate.

Contribution & Value Added: This study is in line with Okun’s law which explains the more labor used in production will have implications for increasing GDP in the economy. It means this study presents evidence to support the existence of Okun’s law in Indonesia. Also, this study contributes to the literature in an emerging country by using the Structural Vector Autoregression model.

International Entrepreneurship Review, 2019

Objective: International trade plays a major role in increasing the output of each country. Crude... more Objective: International trade plays a major role in increasing the output of each country. Crude Palm Oil (CPO) is one of Indonesia's major export commodities. Facts show over the past two decades, CPO has become a fast-growing product. However, there are obstacles from one of Indonesia's CPO importers, namely the European Union. The aim of this study is to explore the nexus between the exchange rate and the world price of CPOs. Research Design & Methods: This study uses both the exchange rate of Indonesia and the price data of the world CPO from 1981-2017 as secondary. Granger Causality was used to explain the nexus between the exchange rate and the world price of CPOs. Findings: The results of the Granger Causality showed there was no causality between the exchange rate and the price of the world CPO. The lack of causality between the two variables suggests the trade balance's position is stronger and able to explain the exchange rate. Contribution & Value Added: This study indicated that the IDR exchange rate is more sensitive to trade balance rather than the world CPO price. Moreover, It is necessary to refined palm oil products to increase the contribution of the non-oil sector in Indonesia. In addition, the Indonesian government needs to be aware of the European Union's raised barriers to world trade. It means that Indonesia can make a positive campaign about the advantages of palm oil production. Article type: research paper

Journal of Open Innovation: Technology, Market, and Complexity, 2025

Economic Review: Journal of Economics and Business, 2024

Cogent Business & Management, 2024

Industrija, 2023

Industrija, 2024

Revista De Cercetare Si Interventie Sociala, Sep 29, 2023

Industrija, 2021

Industrija, 2024

Cogent Business and Management, 2024

Cogent Economics & Finance

Cogent Business & Management

Revista de Cercetare si Interventie Sociala, 2023

Journal of Cleaner Production, 2020

International Journal of Innovation, Creativity and Change, 2020

Masyarakat, Kebudayaan dan Politik, 2020

Research Reports , 2016

Review of Integrative Business and Economics Research, 2021

International Entrepreneurship Review, 2019

Facing Global Digital Revolution, 2020

Micro-finance has been widely used to alleviate poverty in rural areas. A comprehensive understan... more Micro-finance has been widely used to alleviate poverty in rural areas. A comprehensive
understanding of the determinant factors applicable to micro-finance sustainability is required for the
effective implementation of this type of finance in rural areas. This study aims to contribute to the
development of micro-finance models and policy formulation to attain poverty alleviation for rural
communities in East Sumba. Data collected, is from a sample of 100 micro-finance stakeholders through
questionnaire distributions to community leaders, several non-government organizations, and the locals.
The quantitative method with partial least square is applied to analyse the data. The findings show that the
social, economic and environmental factors affect microfinance practice in rural areas. Local wisdom is
the integrated component that serves as the driving force for the sustainability of micro-finance. From a
micro-finance policy perspective, it is imperative to take into account the various factors that determine
the micro-finance practices since a culture-based micro-finance development strategy may be an
alternative policy for the local government to consider.

Center for Taiwan Academic Research Ethics Education/臺灣學術倫理教育資源中心, 2020

Center for Taiwan Academic Research Ethics Education (AREE) was founded in 2014, and devoted effo... more Center for Taiwan Academic Research Ethics Education (AREE) was founded in 2014, and devoted efforts to enhancing the knowledge and competency of Higher Education in Taiwan. Nowadays, AREE is the largest online platform of Academic Ethics and Research Integrity in Taiwan. This online course is for learning and training to be applicable to college and master students, teachers, and researchers. There are over 100 colleges and universities appointing this course as a students’ assignment and also over 250 medical and research institutions listing it as one of researchers’ training platforms.

Beta Gamma Sigma is a recognition of high scholastic achievement that has been selected for membe... more Beta Gamma Sigma is a recognition of high scholastic achievement that has been selected for membership in Beta Gamma Sigma as the international honor society for collegiate school of business.

The Phi Tau Phi Scholastic Honor Society of the Republic of China aims to promote academic activi... more The Phi Tau Phi Scholastic Honor Society of the Republic of China aims to promote academic activities, encourage academic research, reward scholastic achievement, and eventually contribute to the prosperity of the society.