Financial Literacy and Entrepreneurship Motivation Among Micro, Small, and Medium Enterprises from Gender Perspective

Abstract

Financial management skill should be possessed more for micro, small, and medium enterprises. In order to manage their financial, the skill of financial literacy is a must. Sufficient financial literacy can lead to appropriate financial strategy so that they can invest and manage finance well. The purpose of this research is to discover the difference of financial literacy and entrepreneurial motivation of micro, small, and medium enterprises based on gender role and higher education. The sample used on this research is 300 micro, small, and medium entrepreneurs using purposive sampling method. The research applied t-test to identify the difference. The result showed that there is no significant difference of financial literacy based on gender role, also for entrepreneurial motivation, no significant difference is identified. But, there is significant difference of financial literacy and entrepreneurial motivation based on education