AN EXPLORATORY STUDY OF FACTORS AFFECTING CHINESE INDONESIAN BE A SUCCESSFUL ENTREPRENEUR IN JAKARTA

Abstract

Since the nu mber of entrepreneurs in Indonesia is very low, accounting for 0.24 percent of the population, well below an ideal of 2 percent, the nation needs more people to create new product markets and new businesses by becoming entrepreneurs. Nowadays, Chinese Indo nesian entrepreneurs are famous in doing entrepreneurship business in the world. They are playing important role s in Indonesia economic and political. Therefore, exploring the factors of how Chinese Indonesian entrepreneurs successful are urgently needed. Therefore base on the INDONESIAN CHINESE ENTREPRENEUR ASSOCIATION member list, five successful Chinese Indonesian entrepreneurs were chosen from different business industry in Jakarta. They were Mr. Leo Chandra, Mr. Agus Suwanto, Mr. Wilson Widjaja, Mr. Wa ng Roy, and Mr. Billy Santoso. Case study method from qualitative research was chosen to dig up more insight story. Validity and reliability of interview questions were conducted before the interview. This research was replicated from Malaysia PHD research “Success factors in entrepreneurship: The case of Malaysia”. In conclusion, the researcher found that four factors which are entrepreneur role models, presence of experienced entrepreneurs, skills and knowledge of entrepreneur and cultural attitudes towar ds entrepreneurship contribute to their success. Besides that all of them also mention focus is the key factor of success. Researcher recommends entrepreneurs should be a role model for young generations, provide internship program, regular share new busin ess ideas and create the culture of entrepreneurship glory. President University should invite successful entrepreneurs come to university share their successful experience, cooperate with more companies to provide more internship opportunities to students , create more entrepreneurship organization and hold entrepreneurship seminar and provide more entrepreneurship books for students learn entrepreneurship.