Articles

Determinants of Financial Literacy, Digital Literacy, Internet Penetration and Consumer Confidence Level Mediated by Fintech Growth on Retail Industry Growth in Indonesia

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This study evaluates how financial literacy, digital literacy, internet penetration, and consumer confidence influence retail industry growth in Indonesia, emphasizing the mediating role of fintech. In the era of industry 4.0, technology, especially fintech, has transformed conventional financial business models into digital ones, accelerating transactions and financial inclusion. The Covid-19 pandemic has further driven digitalization, although it has posed major challenges for the retail industry. This study aims to determine the actual impact of the development of fintech applications including the influence of financial literacy, digital literacy, internet penetration and consumer confidence levels on the development or growth of retail in Indonesia. This study uses a quantitative method with a focus on analyzing the relationship between financial literacy, digital literacy, internet penetration, and consumer confidence levels in the growth of the retail industry, both directly and through the mediation of fintech growth. The data used are secondary data that include information on the financial literacy index, digital literacy index, internet penetration level, consumer confidence index, fintech adoption level, and retail performance indicators. To overcome incomplete data, imputation and proxy variable methods are used. The analysis was conducted using multiple linear regression to identify direct relationships between variables, and structural equation modeling (SEM) to comprehensively evaluate the influence of fintech mediation. This study shows that financial literacy, digital literacy, and consumer confidence levels have a significant influence on retail growth, both with and without fintech growth mediation. Digital literacy and consumer confidence levels have a positive impact, reflecting that understanding of digital technology and consumer confidence contribute to retail development. Conversely, financial literacy shows a negative influence. Internet penetration does not show a significant influence on retail growth, either directly or through fintech mediation.

Empowering Financial and Digital Literacy to Build Resilience of MSMEs: Proposed Implementation in Bandung City

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This study investigates the factors that influence financial and digital literacy among MSMEs in Bandung. Through semi-structured interviews with 5 key stakeholders, including banks, the MSMEs Agency, entrepreneurs, business incubators, and Financial Services Authority (OJK), the research revealed significant gaps in financial literacy, particularly in financial management and reporting, which hinder MSMEs’ access to credit and growth. Many entrepreneurs rely on simple calculations and struggle to create accurate financial reports. Digital literacy challenges, such as limited adoption of digital technology and uneven internet access, also hinder MSMEs participation in the digital economy. Key barriers include difficulty changing financial habits, limited mentorship, and limited budgets to support the program. The study emphasises the importance of financial education, noting that businesses with large lines of credit often lack comprehensive financial literacy. Based on these findings, targeted interventions are proposed, including comprehensive financial education program and digital skills training. The study emphasised the need for collaboration between the government and financial institutions to improve financial inclusion and literacy. The study proposes a Digital Creative Academy that aims to improve the digital marketing capabilities of MSMEs, particularly in video content creation and live streaming on e-commerce platforms. The program targets 750 micro-entrepreneurs in 30 sub-districts, addressing the need for digital skills in a growing market. This research contributes to understanding the challenges of MSMEs development in Indonesia and offers practical recommendations for policymakers and educators to strengthen MSMEs resilience in the digital age.

The Effect of Digital Literacy and Printed Books on Student Learning Outcomes in Elementary School Gugus 2 Tlanakan Indonesia

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This study aims to (1) analyse the effect of digital literacy and printed books on student learning outcomes in the area of Gugus 2 Tlanakan Sub-district, Pamekasan Regency. (2) To analyse the effect of digital literacy on student learning outcomes in the area of Gugus 2 Tlanakan Sub-district, Pamekasan Regency. (3) To analyse the effect of printed books on student learning outcomes in the area of Gugus 2 Tlanakan sub-district, Pamekasan regency. The research method used is a descriptive method with a quantitative approach. The results of the analysis show that there is (1) an influence of digital literacy and the use of printed books on the learning outcomes of elementary school students in Elementary School Gugus 2 Tlanakan Sub-district, Pamekasan Regency. (2) There is an influence of digital literacy on the learning outcomes of primary school students in Elementary School Gugus 2 Tlanakan Sub-district, Pamekasan Regency. (3) There is an effect of using printed books on the learning outcomes of primary school students in Elementary School Gugus 2 Tlanakan Sub-district, Pamekasan Regency. This study concludes that there is an effect of digital literacy and the use of printed books on the learning outcomes of primary school students in Elementary School Gugus 2 Tlanakan Sub-district, Pamekasan Regency. There is an effect of digital literacy on the learning outcomes of primary school students in Elementary School Gugus 2 Tlanakan Sub-district, Pamekasan Regency. There is an effect of using printed books on the learning outcomes of primary school students at Elementary School Gugus 2, Tlanakan sub-district, Pamekasan Regency.

Diversity of Learning Opportunities and Learning Innovation in Mattering Digital Literacy: The Role of Digital Storytelling

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This study aims to explore the intricate relationships among Diversity of Learning Opportunities, Learning Innovation, Digital Storytelling, and Digital Literacy in early childhood education in Indonesia. Employing a quantitative approach with Likert-scale surveys, the research involved 250 participants from kindergarten settings in Pandeglang, Banten. The study found that diverse learning opportunities significantly impact both Digital Storytelling and Digital Literacy. Learning Innovation positively influences Digital Storytelling and Digital Literacy. Moreover, Digital Storytelling emerges as a mediator, channeling the influence of both Diversity of Learning Opportunities and Learning Innovation on Digital Literacy. The theoretical implications enrich our understanding of the interconnectedness of these elements in early childhood education. Practically, the findings guide educators and policymakers in fostering digital literacy through diverse learning experiences, innovative teaching practices, and the promotion of digital storytelling. The study’s limitations include a specific geographical focus and reliance on quantitative data. Recommendations include expanding research contexts, incorporating qualitative methods, and collaborative efforts for effective strategies in early childhood digital literacy development. Overall, this research contributes valuable insights to the dynamic landscape of early childhood education in the digital era.