Jurnal Manajemen & Agribisnis https://jma.journal.ipb.ac.id/index.php/jmagr <p>Journal of Management &amp; Agribusiness (JMA) publishes articles in agribusiness management &nbsp;fields such as agribusiness competitiveness, value chain of agribusiness, supply chain of agribusiness, and strategic agribusiness issues. JMA is published by School of Business,&nbsp;Bogor Agricultural University (SB-IPB) associated with Indonesian Society of Agricultural&nbsp;Economics (PERHEPI/ISAE). JMA was first published at the beginning of 2004 with twice per year in frequency on march and october. Since 2012, JMA has been published three times per year on March, July and November. Editor receives articles of empirical research and reviews in agribusiness management.</p> <p>JMA is a peer reviewed journal that has been <strong>Accredited&nbsp;</strong>by Directorate General of Higher Education (DGHE), Republic of Indonesia No 12/M/Kp/IE/2015 which is valid for 5 (five) years since enacted on 11 May 2015. Base on&nbsp;Directorate General of Research and Development Strengthening, Ministry of Research, Technology and Higher Education of the Republic of Indonesia No 30/E/KPT/2018 JMA get <strong>ranked 2 accredited (SINTA 2)</strong>&nbsp;status.</p> <p>JMA has been registered in <strong>Crossref (since 2015), ACI - ASEAN Citation Index, DOAJ, Indonesian Publication Index (IPI), SINTA Rank 2, Google Scholar, </strong>and other scientific databases.&nbsp;</p> <p>Editors can revise the paper without changing the substance and content after a blind review process. The articles sent by the author must be an original script and is not being considered for publication by other journal or publishers.</p> <p>P-ISSN: <a href="http://issn.pdii.lipi.go.id/issn.cgi?daftar&amp;1180428118&amp;1&amp;&amp;">1693-5853</a><br>E-ISSN: <a href="http://issn.pdii.lipi.go.id/issn.cgi?daftar&amp;1416204681&amp;1&amp;&amp;">2407-2524</a></p> <p>Download the <a href="https://drive.google.com/open?id=1FaIZjInXQQDJCaS7P0CI02MVrCTP6hjy">Submissions Guidelines&nbsp;</a> and <a href="https://drive.google.com/open?id=164hotGcBgjyCYEqC0SReLbOJmdqfNv1H" target="_self">Author Guidelines</a></p> <p>______________________________________________________________</p> <p><strong><span style="color: blue;"><img src="/public/site/images/adminjmagr/icon_next.gif" alt="">&nbsp;<strong><img src="/public/site/images/adminjmagr/icon_next.gif" alt="">&nbsp;</strong> JMA started in 2018 only&nbsp;receives articles&nbsp;using english&nbsp;<strong><img src="/public/site/images/adminjmagr/icon_next.gif" alt="">&nbsp;</strong><strong><img src="/public/site/images/adminjmagr/icon_next.gif" alt="">&nbsp;</strong></span></strong></p> <p><strong><span style="color: blue;">______________________________________________________</span></strong></p> School of Business, Bogor Agricultural University (SB-IPB) en-US Jurnal Manajemen & Agribisnis 1693-5853 <p><span style="color: #111111; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 11px; line-height: 15px;">Authors who publish with this journal agree to the following terms:</span></p><br /><ol style="color: #111111; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 11px; line-height: 15px;" type="a"><ol style="color: #111111; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 11px; line-height: 15px;" type="a"><li>Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a <a style="text-decoration: none !important; color: #3b5998 !important;" href="http://creativecommons.org/licenses/by/3.0/" target="_new">Creative Commons Attribution License</a> that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.</li></ol></ol><br /><ol style="color: #111111; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 11px; line-height: 15px;" type="a"><ol style="color: #111111; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 11px; line-height: 15px;" type="a"><li>Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.</li></ol></ol><br /><ol style="color: #111111; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 11px; line-height: 15px;" type="a"><li>Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See <a style="text-decoration: none !important; color: #3b5998 !important;" href="http://opcit.eprints.org/oacitation-biblio.html" target="_new">The Effect of Open Access</a>).</li></ol> Farmers’ Behavioral Intention to Adopt Peer-To-Peer Lending Using UTAUT2 Approach https://jma.journal.ipb.ac.id/index.php/jmagr/article/view/32420 <p>The limited access of smallholder farmers to funding sources is one of the main challenges facing Indonesia agriculture sector. In order to address this constraint some Fintech entities have initiated peer-to-peer (P2P) lending for funding the farming. Different from formal financial institution, farming funding P2P lending facilitates farmers by not requiring any collateral and applying profit sharing scheme instead of interest, which is in favor of smallholder farmers condition. Irrespective of the benefits, the adoption rate of farming funding P2P lending by farmers is still relatively low. Based on this background, the objective of this study is to investigate the factors influencing the behavioral intention of farmers to adopt farming funding P2P lending. This study uses variables of UTAUT2 and Schwartz Theory of Basic Values. The respondents of this research are 530 farmers in West Java, Indonesia who have and have not participated in farming funding P2P lending. The respondents are selected using purposive sampling method. The population of adopter farmers are the members of farming funding P2P lending providers Crowde and TaniFund. Whereas the non-adopter farmers are selected based on representation of various farming commodities. The data is analyzed using SEM, demonstrating the results that there are five variables showing significant correlation with behavioral intention to adopt P2P lending, which are performance expectancy, hedonic motivation, price value, habit and values.</p> <p>Keywords: consumer behavior, peer-to-peer lending, technology adoption, UTAUT2, valuess</p> Hera Laxmi Devi Septiani Ujang Sumarwan Lilik Noor Yuliati Kirbrandoko Copyright (c) 2020 Jurnal Manajemen & Agribisnis 2020-07-31 2020-07-31 17 2 107 107 10.17358/jma.17.2.107 The Application of Planned Behavior Theory on Millennial Generation Behavior in Purchasing Organic Vegetables https://jma.journal.ipb.ac.id/index.php/jmagr/article/view/31664 <p>Organic vegetables are vegetables that are cultivated without any synthetic chemicals. Organic vegetables production volume is increasing every year. There are expectations of increasing the annual production of organic food in order to provide safe and healthy food. Vegetables are one of the basic needs that are consumed daily in Indonesia. This research aimed to analyze the buying behavior of organic vegetables of millennials in Bandung city. This research tried to expand the Theory of Planned Behavior (TPB) by adding one variable, namely health consciousness, in the research framework. The methods used in this research were Confirmatory Factor Analysis (CFA) and Structural Equation Modeling (SEM) with the AMOS approach. The number of samples used were was 208 respondents. Millennial Generation respondents consisted of people aged 21 to 40 years old whoi were selected with a sampling technique of quota sampling. Data collection was conducted by distributing online questionnaires using Google Forms via WhatsApp and Instagram. The results showed that the purchase intention variable had the most dominant influence toward on buying behavior. While health consciousness, which was an addition of the Theory of Planned Behavior modification, had the most dominant effect toward perceived behavioral control.</p> <p>Keywords: theory of planned behavior, health consciousness, organic vegetables, millennial generation, structural equation modeling (SEM)</p> Yusuf Ramadhan Mukhamad Najib Ma’mun Sarma Copyright (c) 2020 Jurnal Manajemen & Agribisnis 2020-07-31 2020-07-31 17 2 117 117 10.17358/jma.17.2.117 Determinants of Agripreneurial Career Intentions: Evidence From Agriculture Students https://jma.journal.ipb.ac.id/index.php/jmagr/article/view/32421 <p>The participation of young people in agriculture is essential for addressing issues of food security, youth unemployment, ageing farmers, and the digital revolution in the agriculture and food sectors. Various programs have been conducted by the Government of Indonesia (including One Million Millennial Farmers Movement Program), by the private sector, and by universities to raise the interest of students and increase the number of young farmers in the agricultural and food industry. These programs are a response to the continuing decline in the number of Indonesian farm households and the need to attract younger entrants into the industry. This study analyses the factors that influence the intention of agricultural students to become agripreneurs using a modified theory of planned behaviour (TPB) approach. Data obtained from a survey of 204 agricultural students at IPB University using a voluntary sampling method and analysed using partial least squares structural equation modelling (PLS SEM). The results showed that individual characteristics, attitudes, subjective norms, and perceived behavioural control of agricultural students had a significant effect on the intention to become an agripreneur. The study also showed that family background did not significantly influence the intention of agricultural university students to become an agripreneur. The findings contribute to the literature by providing a better understanding of the role that agriculture education and training plays in increasing students’ intention to work in agriculture.</p> <p>Keywords: agriculture education, agripreneur, agripreneurship, intention, youth farmer</p> Suprehatin Muhammad Rasyid Shidiq Copyright (c) 2020 Jurnal Manajemen & Agribisnis 2020-07-31 2020-07-31 17 2 128 128 10.17358/jma.17.2.128 New Plantation Moratorium Policy and Smallholders Palm Oil Rejuvenation for Increasing Productivity of Indonesian Palm Oil https://jma.journal.ipb.ac.id/index.php/jmagr/article/view/32422 <p>Palm oil is one of the plantation sub-sectors that plays an important role in the Indonesian economy. Smallholder plantation with an area of more than 40% has a significant role in the development of this industry. Low productivity becomes the main problem on -in smallholder plantation. Low productivity of smallholder plantation is mainly due to the inappropriate of plant genetic material. Genetic improvement for increased productivity can be done either through new planting (extensification) and rejuvenation (intensification). Extensification constrained Presidential Instruction 10/2011 while the intensification constrained by funding issues of rejuvenation. This research conducts a literature review, in-depth interview and questionnaire method to collect opinions from the experts and practitioners. Analytical Network Process (ANP) is used to analyze the data. The results showed that the factors which influenced in this study were policy environment (41.29%), policy stakeholder (35.72%), and public policy (23.00%). The moratorium policy has not been able to improve Indonesia's forest governance. This policy precludes opportunities for economic growth for the palm oil industry. The rejuvenation of the smallholder is constrained by funding problems. Access to credit- constrained aspects of land legality. Extensification barriers and intensification of smallholders threaten the sustainability of national palm oil production. Plant genetic improvements, improved legality, and law enforcement of moratorium policies are required to increase the productivity of smallholder plantations.</p> <p>Keywords: moratorium, productivity, public policy, palm oil, smallholders</p> Arif Imam Suroso Iyung Pahan Syti Sarah Maesaroh Copyright (c) 2020 Jurnal Manajemen & Agribisnis 2020-07-31 2020-07-31 17 2 138 138 10.17358/jma.17.2.138 Assessment of Maize and Soybean Pricing https://jma.journal.ipb.ac.id/index.php/jmagr/article/view/31639 <p>Prices of maize and soybean fluctuated significantly at both producer and consumer levels in Indonesia. This study aims to analyze the pricing of maize and soybean at the consumer level by employing the vector error correction model and to analyze the market behavior in determining consumer prices by using the game theory. The results show that maize prices at the consumer level are positively influenced by producer price, wholesale price, as well as gasoline price shocks and are also negatively affected by supply shocks. Soybean prices at the consumer level are negatively influenced by producer price shocks and are positively affected by wholesale price shocks. Shocks in terms of supply result in the fluctuating prices received by the consumers. It is due to the dominant pricing strategy, which is through collusion performed by the maize and soybean retailers. Some market efficiencies are encouraged to reach more stabilized prices.</p> <p>Keywords: game theory, maize, soybean, market efficiency</p> Muhammad Firdaus Fuza Hastuti Dea Amanda Copyright (c) 2020 Jurnal Manajemen & Agribisnis 2020-07-31 2020-07-31 17 2 153 153 10.17358/jma.17.2.153 Measurement of Logistic Performance of Imported Frozen Meat in Perum Bulog https://jma.journal.ipb.ac.id/index.php/jmagr/article/view/32423 <p>Perum BULOG received a mission to import frozen meat by the government in accordance with Presidential Regulation of the Republic of Indonesia Number 48 of 2016. As a company engaged in food logistics, Perum BULOG is expected to be able to carry out imported frozen meat logistics activities to meet domestic needs. Logistics activities of imported frozen meat in Perum BULOG are divided into three stages, starting from the assignment mechanism, import mechanism, and sales mechanism. This causes the realization of frozen meat has not been achieved in accordance with the assignment. This study aims to measure the logistics performance of the imported frozen meat logistics activities carried out by the State Logistics Agency. The analytical method used the Logistic Scorecard Model, by identifying business strategies to obtain KPIs, and compiling logistical performance measurements. The results obtained by the logistics performance score of 2.691. This means that logistical performance for imported frozen meats run by Perum BULOG is at level 2, so Perum BULOG's logistics performance is poor. The improvement recommendation is by making a map of the frozen meat commodity business and making a direct shipping distribution strategy.</p> <p>Keywords: activities of logistics, logistics performance measurement, logistic scorecard, perum bulog, frozen meat</p> Rizki Nanditasari Sukardi M. Syamsul Maarif Copyright (c) 2020 Jurnal Manajemen & Agribisnis 2020-07-31 2020-07-31 17 2 164 164 10.17358/jma.17.2.164 Adaptive Financing Pattern for Small Scale Fisheries with Case Study of Pajeko Fisheries in Bitung https://jma.journal.ipb.ac.id/index.php/jmagr/article/view/32424 <p>he agriculture, forestry, and fisheries sectors have a share of 22.05% with 4.21% growth in North Sulawesi. The fisheries sub-sector dominates by 30%. The disbursement of banking institutions' credit for the sector increased by 35% in 2015-2017 but absorbs only 7% of total loans disbursed. The reluctance of formal financial institutions to provide credit to improve small fisheries has increased in non-formal financing. This study identifies factors influencing financing sources choice, comparison of bank and non-bank financing sources, and recommend adaptive financing patterns for small fisheries. Based on descriptive qualitative analysis of in-depth interviews with 32 respondents from 85 Pajeko fishers (mini purse seine) in the Bitung Oceanic Fishing Port (PPS), concluded that 97% of Pajeko fishers in Bitung chose non-bank to finance their operation with determinant factors of financial source: (i) easiness administration (88%), (ii) payment flexibility (78%), and (iii) collateral (69%). The result of comparison simulation shows that boat owner financing with profit sharing for three (boat, boat owner, crews) is the most profitable for the boat owner, while bank loan financing with profit sharing for two (boat owner, crews) is the most profitable for crews. Accordingly, an adaptive financing strategy development is recommended for banking institutions based on influencing factors of fisher’s choices and Pajeko fisher’s characteristics-based approach.</p> <p>Keywords: Pajeko fishery, resource of financing, bank financing source, non-bank financing source, adaptive financing</p> Fini Lovita Arif Satria Dedi Budiman Hakim Copyright (c) 2020 Jurnal Manajemen & Agribisnis 2020-07-31 2020-07-31 17 2 173 173 10.17358/jma.17.2.173 The Role of Online Aggregators in The Vegetable Value Chain https://jma.journal.ipb.ac.id/index.php/jmagr/article/view/32425 <p>In Indonesia, many intermediaries of agricultural products are emerging as modern actors called business aggregators who utilize information from the internet or online technologies in their business activities. This study aims to analyze the activities and roles of online aggregators (based on information technology) in the order of value chains of agricultural products, especially vegetables. Purposive sampling technique was used in selecting 12 online business aggregators of vegetable products. Data were obtained through Focus Group Discussions and in-depth interviews with the business aggregator online owner. Based on the results of the analysis show that the main activities of the aggregator business value chain that are divided into three value chains, namely input provider, processing and marketing providers. Online aggregators become important actors in the agribusiness system in the future. In conventional agribusiness systems, non-online aggregators, whose position is in the subsystem, downstream agribusiness, but in online aggregator at present with the advancement of internet, the aggregator is in the middle/middle, between upstream, cultivation, downstream and supporting institutions subsystems.</p> <p>Keywords: intermediaries, online aggregator, vegetable products, value chain</p> Janita Meliala Musa Hubeis Siti Jahroh Agus Maulana Copyright (c) 2020 Jurnal Manajemen & Agribisnis 2020-07-31 2020-07-31 17 2 185 185 10.17358/jma.17.2.185 The The Effects of Entrepreneurial Behavior on Seaweed Business Performance in Takalar Regency https://jma.journal.ipb.ac.id/index.php/jmagr/article/view/31663 <p>Seaweed is one of the main aquaculture products which has high economic value and serves as strategic business opportunities. Seaweed farming becomes the main livelihood for people in Takalar Regency, so it is necessary to improve the working quality of seaweed farmers through the development of entrepreneurial behavior as a new variable in improving the performance of seaweed business. This research is intended to examine the effects of the environment on farmers’ entrepreneurial behavior and the effects of entrepreneurial behavior on seaweed business performance. This research takes place in two different production districts, which are Mangarabombang district and Mappakasunggu district, with 150 respondents of seaweed farmers conducted by simple random sampling. The data analysis method used in this research is the Structural Equation Model (SEM) using AMOS 23 software. The result shows that there are insignificant positive impacts of the internal environment on farmers’ entrepreneurial behavior as the value of t-statistic is 1.61 &lt; 1.96, while there are significant positive impacts of the external environment on farmers’ entrepreneurial behavior with the coefficient value of 0.58 and t-statistic of 2.50. The entrepreneurial behavior is found to give significant and positive impacts towards farm performance with the coefficient value if 0.41 and t-statistic of 5.26 &gt; 1.96. It shows that the development of farmers’ entrepreneurial behavior will improve the seaweed business performance in Takalar Regency.</p> <p>Keywords: entrepreneurial behavior, business performance, seaweed, structural equation model</p> Siti Hardiyanti Syam Rachmat Pambudy Wahyu Budi Priatna Copyright (c) 2020 Jurnal Manajemen & Agribisnis 2020-07-31 2020-07-31 17 2 196 196 10.17358/jma.17.2.196 The Strategy of PT Bank Riau Kepri Capem Flamboyan in Preparation of Oil Palm Replanting https://jma.journal.ipb.ac.id/index.php/jmagr/article/view/32426 <p>Rejuvenation of oil palm has decreasedcredit growth and savings of PT Bank Riau Kepri Capem Flamboyan which may reduce the income. The paper aims to (1) identify constraints and opportunities of farmers related to the rejuvenation of oil palm plantations, (2) analyze external and internal factors, and (3) manage a development strategy of PT Bank Riau Kepri Capem Flamboyan on the rejuvenation of oil palm plantations. Qualitative analysis was used to identify constraints and opportunities related to replanting oil palm plantations. Furthermore, identification external and internal factors was used to conduct quantitative analysis using IFE and EFE matrix. The result shows that scores of IFE and EFE are 2.652 and 3.100, respectively. A a result the position of PT Bank Riau Kepri Capem Flamboyan in the IE matrix is at the second quadrant namely growth and development strategy. The IE matrix were use to formulate SWOT analysis, and resulted 16 alternative strategies. Strategic design to implement employed strategy architecture approach. the study concluded that the routine strategy of PT Bank Riau Kepri Capem Flamboyan is socialization with KUD, mediation between KUD and the government, appoinment KUD counterparts and improvement services to customers . The strategy was divided into three phases. The first is that the bank compete to get cooperation. The second is that rejuvenation begins, and the third period indicates that the oil palm start harvesting.</p> <p>Keywords: EFE, IFE, replanting, strategy architecture, SWOT</p> Dedi Fernandes Lukman M. Baga Amzul Rifin Copyright (c) 2020 Jurnal Manajemen & Agribisnis 2020-07-31 2020-07-31 17 2 207 207 10.17358/jma.17.2.207