Social Capital and Household Economic Welfare: Do Entrepreneurship, Financial and Digital Literacy Matter?

Alleviating household economic fragility and poverty is a global challenge in achieving a nation’s well-being. This study aims to examine the impact of social capital and Indonesian household economic welfare, as well as understand the mediating role of entrepreneurial, digital, and financial litera...

Full description

Saved in:
Bibliographic Details
Published inSustainability Vol. 14; no. 24; p. 16970
Main Authors Prayitno, Putra Hilmi, Sahid, Sheerad, Hussin, Muhammad
Format Journal Article
LanguageEnglish
Published Basel MDPI AG 01.12.2022
Subjects
Capital
Community
Digital literacy
Economic development
Economic rent
Economic research
Entrepreneurs
Entrepreneurship
Financial literacy
Fragility
Households
Impact analysis
Indonesia
Infrastructure (Economics)
Multivariate statistical analysis
Poverty
Random sampling
Social capital
Social capital (Sociology)
Statistical sampling
Indonesia
Online AccessGet full text

Cover

More Information
Summary:Alleviating household economic fragility and poverty is a global challenge in achieving a nation’s well-being. This study aims to examine the impact of social capital and Indonesian household economic welfare, as well as understand the mediating role of entrepreneurial, digital, and financial literacy. To address this objective, a structural equation modeling partial least square was adopted to acquire comprehend findings. The survey data were gathered from households in East Java of Indonesia using a simple random sampling approach. The findings from this study highlight that social capital significantly influences several literacies of households in Indonesia, including digital literacy, financial literacy, and entrepreneurial literacy. However, this study failed to confirm the nexus between social capital and household economic welfare. In addition, financial literacy, digital literacy, and entrepreneurial literacy all play an important role in mediating the connection between social capital and the economic welfare of households.
ISSN:2071-1050
2071-1050
DOI:10.3390/su142416970