Quantitative analysis finds financial literacy and innovation significantly impact MSME performance in Kampar, indicating business training is essential.
Key Points
Micro small and medium enterprises performance significantly improves with higher financial literacy and innovation.
Key metrics indicate that the ability to prepare financial statements directly correlates with MSME success, highlighting its importance.
Quantitative research utilized multiple linear regression analysis on data from 150 MSMEs in Kampar Regency to assess these relationships.
These findings suggest that enhancing training in financial reporting and innovation can boost MSME performance considerably.