THE BAYESIAN SEM APPROACH ON RELIGIOUS TOURISM AND SME'S ENTREPRENEURIAL OPPORTUNITY INTERRELATION IN RURAL AREA

  • Frilianda Wulandari Department of Mathematics, Faculty of Mathematics and Natural Sciences, Andalas University
  • Dodi Devianto Department of Mathematics, Faculty of Mathematics and Natural Sciences, Andalas University
  • Ferra Yanuar Department of Mathematics, Faculty of Mathematics and Natural Sciences, Andalas University
DOI: https://doi.org/10.30598/barekengvol16iss3pp815-828
Keywords: SEM, Bayesian, Small Sample Size, Entrepreneurial, Religious Tourism

Abstract

Economics, social and culture are interrelated fields in developing a country. The social and cultural conditions that grow in an area affect how the economy develops in that area and its surrounding. This study analyzed a causal relationship from 60 nascent entrepreneurs at rural area of religious tourism with Bayesian SEM to handle a small amount of data. Based on the results of the analysis, it was found that entrepreneurial motivation  and cultural motivation had a significant effect on rural religious tourism. The latent variable of rural religious tourism and entrepreneurial motivation have a significant effect on SME's entrepreneurial opportunity. The entrepreneurial motivation variable has a correlation with the cultural motivation variable.This characteristics has established the Minangkabau heritage of rural area described on its strong religious tourism aspect into SME's entrepreneurial challenge of nascent entrepreneurs.

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Published
2022-09-01
How to Cite
[1]
F. Wulandari, D. Devianto, and F. Yanuar, “THE BAYESIAN SEM APPROACH ON RELIGIOUS TOURISM AND SME’S ENTREPRENEURIAL OPPORTUNITY INTERRELATION IN RURAL AREA”, BAREKENG: J. Math. & App., vol. 16, no. 3, pp. 815-828, Sep. 2022.
Issue
Vol 16 No 3 (2022): BAREKENG: Journal of Mathematics and Its Applications
Section
Articles

Copyright (c) 2022 Frilianda Wulandari, Dodi Devianto, Ferra Yanuar

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