Anton Agus Setyawan, Muzakar Isa, Imam Mukhlis, Sidiq Permono Nugroho, Farid Adi Prasetya, Fery Indra Kurniawan, Muhammad Arkan Setyawan
This research aimed to examine the effect of cluster location, business organization, working capital, and human resources on business performance in fisheries MSME. A quantitative design was used by developing 2 multivariate statistical models with 4 independent variables, namely cluster location, MSME organization, the number of workers, and production costs, as well as 1 independent variable, including the performance of MSME businesses measured by production results or harvests, sales turnover, profits, and assets. This research was carried out in Klaten, Boyolali, and Sragen Regencies using census sampling of 167 fisheries. Cluster location and MSME affected business performance. Management of production costs had a positive effect on harvest results, sales, profits, and an increase in business assets, while the number of workers only affected harvest and business profits. The characteristics of the MSME fisheries cluster are not analyzed, and cooperative performance superiority does not provide deeper insights into the business processes. Furthermore, direct measurements of the efficiency of capital in the MSME fisheries cluster have not been discussed. Nevertheless, this study contributes to the policymaking in MSME cluster development to support regional economic growth. MSME businesses should pay more attention to managing cluster location, organizations, and capital management as measured by production costs and number of workers to improve business performance. © 2025, World Scientific and Engineering Academy and Society. All rights reserved.
Department of Business, Faculty of Economic and Business, Universitas Muhammadiyah Surakarta, Indonesia; Department of Economic, Faculty of Economic, Universitas Negeri Malang, Indonesia
