• Mia Ika Rahmawati Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya
Keywords: Exploration, Bootstrapping, Financial pattern, Small Firms


The purpose of this research is to investigate the relationship between financing pattern and the use of Bootstrapping in the small firms located in Surabaya Madura bridge. The methodology of this paper is a qualitative descriptive. Collecting data were conducted to each of these owner-managers and six of them returned usable data. Research results in this research include the first bootstrapping can affect the financing patterns in small and on the bridge suramadu.Both, the informant use only two of the four the method bootstrapping the customer related and owner-related financing and resources.Third, to be successful in business, should small business owners had to implement those factors in method bootstrapping.


Barker, et al. 2000. When less is more: undercapitalization as a predictor of firm
success, Frontiers of Entrepreneurship Research, CD Version.
Berger dan Udell, 1998 dalam Pretorius W, 2007. Bootstrap Financing Applied by
South African Entreprenuers. Gordon Institute of Business Science.
Cassar, G. 2004. The financing of business start-ups, Journal of Business
Venturing, Vol 19, 261-283.
Carter, R.B., dan Auken, Van H. E. 2005. Bootstrap financing and owners’
perceptions of their business constraints and opportunities. Entrepreneurial
and Small Business Finance, 17: 129–144
Carpenter, R dan Petersen, B. 2002. Is the growth of small firms constrained by
internal finance?. Review of Economic Statistics, Vol 84, pp. 298-309
Dobbs, M dan Hamilton, R. 2007. Small business growth: recent evidence and
new directions. International Journal of Entreoreneurial Behaviour &
Research, Vol 13 No 5, pp 296-322
Ebben, Jay J. 2009. Bootstrapping and the Financial Condition of Small Firms.
International Journal of Enterprenurial Behaviour & Research. Vol. 15 No.
4, 2009.
Ebben, Jay dan Johnson, Alec. 2006. Bootstrapping in small firms: An empirical
analysis of change over time. Jounal of Business Venturing 21. 851-865
Ekanem, Ignatius. 2005. ‘ Bootstrapping ‘: the investment decision-making
process in small firms. The British Accounting Review 37 (2005) 299-318
Gregory, B.T. Rutherford, W.M. Oswald, S and Gardiner, L. 2005. An Empirical
Investigation of the Growth Cycle Theory of Small Firm Financing. Journal
of Small Business Management, 43 (4). 382-392.
Leavell, Hadley dan Maniam, Balasundram. 2009. A survey of small business debt
financing practices. The Business Review. Cambridge. Vol 13. Number 1.
Summer. 2009.
Lean, J. Tucker, J. 2003. Small firm finance and public policy. Journal of small
business and Enterprise Development, 10 (1), 50-61
Levenson, A dan Willard, K. 2000. Do firms get the financing they want?
Measuring credit rationing experienced by small bussiness in the US, Small
Business Economics. Vol 14, pp.83-94.
Narsa, I Made, Widodo, Agus, Kurnianto, Sigit. 2012. Mengungkap Kesiapan
UMKM Dalam Implementasi Standar Akuntansi Keuangan Entitas Tanpa
Akuntabilitas Publik (PSAK-ETAP) Untuk Meningkatkan Akses Modal
Perbankan. Majalah Ekonomi, Tahun XXII. No. 3 Desember 2012.
Rayasam, Renka. 2006. Credit? Entreprenuers find it’s in the cards. US News &
Reports. Retrieved from January 13th, 2013 from. http://www.ebscohothost.com
Ryman-Tubb, N. 2000. An overview of credit scoring techniques. Credit control.
Perry, et. al. 2006. Bootstrapping Techniques and New Venture Emergence. New
England Journal of Entreprenuership.
Sherman, Andrew. 2005. Raising Capital : get the money you need to grow your
business. 2nd ed., 81-93
Wadhama, Vivek. 2006. How to score funding without VCs. Business Week
Online. Retrieved January 13th, 2013 from. http://www.ebscohothost.com
Wall, Larry. D. 2007. On investing in the Equity of Small Firms. Journal of Small
Business Management, 45 (1).
Winborg, Joakim dan Landstrom, Hans. 2000. Financial Bootstrapping in Small
Businesses: Examining Small Business Managers’ Resource Acquisition
Behaviors. Journal of Business Venturing 16, 235-254.
How to Cite
Rahmawati, M. (2018). EKSPLORASI BOOTSTRAPPING DAN POLA PEMBIAYAAN USAHA KECIL. JURNAL EKSEKUTIF, 15(1), 53-72. Retrieved from http://jurnal.ibmt.ac.id/index.php/jeksekutif/article/view/168