scholarly journals Green Entrepreneurial Orientation and Green Innovation in Small and Medium-Sized Enterprises (SMEs)

2021 ◽  
Vol 10 (4) ◽  
pp. 136
Author(s):  
Chaiyawit Muangmee ◽  
Zdzisława Dacko-Pikiewicz ◽  
Nusanee Meekaewkunchorn ◽  
Nuttapon Kassakorn ◽  
Bilal Khalid
Keyword(s):  
Entrepreneurial Orientation ◽  
Business Performance ◽  
Least Square Method ◽  
Partial Least Square ◽  
Least Square ◽  
Green Innovation ◽  
Sustainable Business ◽  
Sustainable Performance ◽  
Medium Enterprise ◽  
Automotive Parts

Since environmental issues are becoming an integral part of business performances, policymakers and managers have started recognizing the importance of green innovation towards sustainable business performances. The role of the automotive parts industry is crucial in minimizing environmental degradation and promoting sustainable development. Yet few studies have focused on the connection between green entrepreneurial orientation and green innovation that may affect small and medium enterprise (SME) business performance. Therefore, this study aims to analyze the influence of green entrepreneurial orientation on green innovations, and its effects on sustainable business performances in the automotive parts industry in Thailand. The sample consists of 226 SMEs in the automotive parts industry in Thailand. The partial least square method (PLS-SEM) has been used for the analysis of data. The results of the study show that green innovations have the strongest influence on economic and environmental performances. This study contributes to resource-based view theory by incorporating green innovation as a strategic competency of SMEs’ performance. Further, green entrepreneurial orientation and green innovation can assist SME managers in understanding the factors leading to sustainable performance of businesses.

scholarly journals INKLUSI KEUANGAN DAN LITERASI KEUANGAN TERHADAP KINERJA DAN KEBERLANGSUNGAN SEKTOR USAHA MIKRO KECIL MENENGAH

2021 ◽  
Vol 10 (1) ◽  
pp. 135-152
Author(s):  
Mei Ruli Ninin Hilmawati ◽  
Rohmawati Kusumaningtias
Keyword(s):  
Financial Literacy ◽  
Business Performance ◽  
Partial Least Square ◽  
Financial Inclusion ◽  
Least Square ◽  
Sustainable Business ◽  
Great Opportunity ◽  
Independent Variables ◽  
Dependent Variables ◽  
Least Square Approach

Abstrak: Inklusi Keuangan dan Literasi Keuangan terhadap Kinerja dan Keberlangsungan Sektor Usaha Mikro Kecil Menengah. Suatu kinerja unggul dan bisnis yang berkelanjutkan dapat terwujud apabila terdapat upaya-upaya strategis yang dilakukan. Jawa Timur merupakan salah satu provinsi dengan jumlah UMKM yang cukup banyak memiliki peluang yang besar untuk meningkatkan perekonomian Indonesia. Penelitian ini dilakukan untuk menganalisis pengaruh inklusi keuangan dan literasi keuangan terhadap kinerja dan keberlangsungan sektor UMKM yang terdapat di Kota Surabaya. Penelitian ini merupakan penelitian kuantitatif dengan inklusi keuangan (INKA) dan literasi keuangan (LIKA) sebagai variabel independen, serta kinerja usaha (KIUS) dan keberlangsungan usaha (KEUS) sebagai variabel dependen. Sampel pada penelitian ini berjumlah 113 UMKM yang kemudian dilakukan analisis dengan pendekatan Partial Least Square. Hasil penelitian menyimpulkan bahwa inklusi keuangan tidak berpengaruh terhadap kinerja dan keberlangsungan sektor UMKM. Sedangkan literasi keuangan memiliki pengaruh yang terhadap kinerja dan keberlangsungan sektor UMKM.Kata kunci: Inklusi Keuangan, Literasi Keuangan, Kinerja Bisnis, Keberlangsungan Bisnis, UMKMAbstract: Financial Inclusion and Financial Literacy on the Performance an Sustainability of the MSMEs. Excellent performance and sustainable business can be realized if there are strategic efforts. East Java, as one of the Province with a large number of MSMEs that have a great opportunity to improve the Indonesian economy. This study was conducted to analyze the effect of financial inclusion and financial literacy on the performance and sustainability of MSMEs in Surabaya. This research is a quantitative study with independent variables are financial inclusion (INKA) and financial literacy (LIKA), and the dependent variables are business performance (KIUS) and business continuity (KEUS). The sample in this study amounted to 113 MSMEs which were then analyzed using the Partial Least Square approach. this study concludes that financial inclusion has no effect on the performance and sustainability of MSMEs. while financial literacy has a influence on the performance and sustainability of MSMEs. Keywords: Financial Inclusion, Financial Literacy, Business Performance, Sustainability, MSMEs

scholarly journals Industry 4.0: A Solution towards Technology Challenges of Sustainable Business Performance

2019 ◽  
Vol 8 (5) ◽  
pp. 154 ◽  
Author(s):  
Muhammad Haseeb ◽  
Hafezali Iqbal Hussain ◽  
Beata Ślusarczyk ◽  
Kittisak Jermsittiparsert
Keyword(s):  
Industry 4.0 ◽  
Structural Equation ◽  
Business Performance ◽  
Simple Random Sampling ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling ◽  
Sustainable Business ◽  
Positive Role ◽  
It Implementation

Technology adoption is always a difficult task for Small and Medium-sized Enterprises (SMEs) due to lack of resources and other market issues. Many technology challenges adversely affect the sustainable business performance of SMEs. However, the incorporation of Industry 4.0 can overcome various technology issues. The goal of Industry 4.0 is to attain an advanced level of operational effectiveness and productivity, as well as a higher level of automatization. Thus, the objective of this study is to identify the role of Industry 4.0 to promote sustainable business performance in SMEs in Thailand. A survey has been prepared to collect the data from managers of SMEs and analyzed with the help of Partial Least Square. The questionnaire was used to collect the data and questionnaires were distributed by using simple random sampling. A total of 500 questionnaires were distributed amongst the managerial staff of SMEs located in Thailand. From these distributed questionnaires, 280 were returned and 270 valid responses were found. Data were analyzed by using Partial Least Square (PLS)-Structural Equation Modeling (SEM). Findings reveal that Industry 4.0 is a key to the growth of sustainable business performance among SMEs. Elements of Industry 4.0 such as big data, Internet of Things and smart factory have a positive role in promoting information technology (IT) implementation, which contributes to sustainable business performance. Moreover, organization structure and process strengthen the positive relationship between Industry 4.0 and IT implementation.

scholarly journals Pengaruh Orientasi Kewirausahaan dan Kapasitas Inovasi terhadap Kesuksesan Proyek pada Bidang Fashion

2020 ◽  
Vol 2 (3) ◽  
pp. 690
Author(s):  
Fernando Gho Danny ◽  
Louis Utama
Keyword(s):  
Entrepreneurial Orientation ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Creative Industries ◽  
Partial Least Square ◽  
Least Square ◽  
Firm Level ◽  
Entrepreneurial Marketing ◽  
Medium Enterprises ◽  
The Relationship

Purpose – This paper examines the relationship between entrepreneurial orientation, innovation capacity, and firm performance in the creative industries context. Design/methodology/approach – The developed conceptual model is tested using partial least square ( PLS ) using a sample of 30 creative industries small medium enterprises owners. Findings – The result of the PLS model shows that both EO and IC act as a basis for improved business performance among small and medium enterprises. Based on the research findings, it can be argued that both EO and EO fully unlock their value-creating potential among small and medium enterprises. Originality/value – In addition to providing initial insight on the relationship between entrepreneurial action, innovative capacity, and performance with the creative industries, the paper also is one of the first on the creative industries to focus on firm-level strategy.Tujuan dari makalah ini adalah membahas hubungan antara orientasi kewirausahaan, kapasitas inovasi, dan kinerja perusahaan dalam konteks industri kreatif. Desain / metodologi / pendekatan - Model konseptual yang dikembangkan diuji menggunakan partial least square (PLS) menggunakan sampel 30 pemilik UKM industri kreatif. Temuan - Hasil model PLS menunjukkan bahwa baik EO dan IC bertindak sebagai dasar untuk meningkatkan kesuksesan proyek di antara usaha kecil dan menengah. Berdasarkan temuan penelitian, dapat dikatakan bahwa EO dan IC sepenuhnya membuka kunci potensi penciptaan nilai mereka di antara perusahaan kecil dan menengah. Orisinalitas / nilai – Dalam studi ini selain memberikan wawasan awal antar tindakan kewirausahaan, kapasitas inovaif dan kinerja dalam indsutri kreatif. Makalah ini juga merupakan salah satu yang pertama di industri kreatif untuk fokus pada tingkat perusahaan. Kata kunci: Entrepreneurial marketing, Innovation, Competitive Advantage, Creativity in Marketing, Entrepreneurial orientation.

scholarly journals Manager’s Age, Sustainable Entrepreneurial Orientation and Sustainable Performance: A Conceptual Outlook

2020 ◽  
Vol 12 (8) ◽  
pp. 3196
Author(s):  
Farah Ameer ◽  
Naveed R. Khan
Keyword(s):  
Entrepreneurial Orientation ◽  
Business Performance ◽  
Dynamic Capabilities ◽  
Local Community ◽  
Holistic Approach ◽  
Capabilities Approach ◽  
Sustainable Business ◽  
Sustainable Performance ◽  
The Relationship

Scholars have investigated the direct linkage between manager’s age and sustainable corporate performance, however, the mixed results and conflicting findings on the nature of the relationship demand further explanation through the missing constructs. Therefore, the purpose of this paper is to examine the mediating role of sustainable entrepreneurial orientation in the manager’s age and sustainable performance. This study develops a conceptual link by using a dynamic capabilities approach and upper echelon perspective, indicating that younger managers can adopt a more holistic approach towards sustainable practices which can enhance the environmental, social and economic performance of firms. This implies that the relationship between manager’s age and sustainable performance can be explained through sustainable entrepreneurial orientation (SEO) which can play a key role in setting organizational direction towards sustainable development and achieving sustainable business performance. This study contributes to the literature by examining the role of SEO in the relationship between the manager’s age and sustainable performance. This research will help practitioners recognize the importance of minimizing environmental and social problems generating due to organizational production activities. This will lead to profit generation as well as value creation for nature and the local community.

EXPLORING MICRO ENTERPRISES’ BUSINESS PERFORMANCE THROUGH ENTREPRENEURIAL ORIENTATION, KNOWLEDGE SHARING AND INNOVATION

2018 ◽  
Vol 17 (2) ◽  
pp. 93
Author(s):  
Rohana Ngah ◽  
Zarina Salleh ◽  
Zanariah Zainal Abidin
Keyword(s):  
Knowledge Sharing ◽  
Entrepreneurial Orientation ◽  
Business Performance ◽  
Partial Least Square ◽  
Least Square ◽  
Future Research ◽  
Strong Impact ◽  
Innovation Practices ◽  
The Impact ◽  
Micro Enterprises

Micro Enterprises form the majority of business establishments in Malaysia. They represent more than 90 percent of such establishments in the country. Interestingly, most studies have shown that entrepreneurial orientation (EO) is an important element of entrepreneurship for micro enterprises. Hence, in the era of robustness of technology and explosion of knowledge, the role of knowledge sharing and innovation should be incorporated in investigating the performance of micro enterprises. This paper aims to explore the business performance of selected micro enterprises in Malaysia. One hundred and six micro enterprises owners took part in the survey. Partial Least Square was used to analyze the data. The results show that while entrepreneurial orientation on its own has no direct impact on business performance, the practice of knowledge sharing and innovation practices does. Entrepreneurial orientation and knowledge sharing have shown a strong impact on innovation where innovation reflects the impact of all variables on business performance. The study has also shown that knowledge sharing and innovation are being practiced actively in micro enterprises, thus providing a good platform for future research.  Keywords: Entrepreneurial orientation, knowledge sharing, innovation, business performance, micro enterprises

PERSEPSI REDENOMINASI RUPIAH TERHADAP KINERJA USAHA MIKRO DAN KECIL

2017 ◽  
Vol 13 (1) ◽  
pp. 45
Author(s):  
Dwitya Aribawa
Keyword(s):  
Program Implementation ◽  
Business Performance ◽  
Small Firms ◽  
Group Discussion ◽  
Least Square Method ◽  
Partial Least Square ◽  
Least Square ◽  
Cross Sectional ◽  
Or Manager ◽  
The Impact

Indonesia Central Bank (BI) initiate the redenomination program for Rupiah in order to simplify the digit of rupiah without decreasing the value of currency. This research willing to enclose the discussion and new outlook regarding the perception of micro and small firm that hypotheses as thekey element for succession of redenomination program in Indonesia. Researcher conduct cross sectional analysis on perception of redenomination program and the impact to business performanceto the owner or manager of micro and small firms. Partial Least Square method has been used to processing 120 respondent data that received during data collection process. The result shows, the owner or manager of micro and small firms perception about redenomination is significantly affect the business performance. There is also found optimism for succession of redenomination program will escalate the business performance of the owner or manager of micro and small firms. In general, focus group discussion resulting socialization and technical aspects during program implementation will be the critical phase that need to conduct by all of stakeholders (government, academia, private sectors and civil society) regarding the succession of Redenomination program in Indonesia.Keywords: rupiah redenomination, perception, business performance, micro and small firmsBank Indonesia (BI) berencana melaksanakan program redenominasi rupiah sebagai penyederhanaan nilai nominal mata uang dengan mengurangi digit (angka nol) tanpa mengurangi nilai riil (value) dari rupiah. Penelitian ini diharapkan mampu menjadi salah satu diskusi danpandangan baru mengenai pentingnya menjaga persepsi pelaku usaha dalam suksesi program redenominasi mata uang. Dilakukan analisis persepsi pelaku usaha dengan studi cross sectional terhadap penerapan kebijakan redenominasi pengaruhnya pada kinerja usaha. Metode analisisPartial Least Square digunakan pada penelitian ini. Hasil penelitian dengan 120 responden memperlihatkan persepsi pelaku usaha terhadap redenominasi rupiah memperlihatkan pengaruh yang signifikan terhadap kinerja usaha. Dalam penelitian ini aspirasi yang muncul dari programredenominasi adalah positif dengan keluaran yang berpengaruh baik pada kinerja usaha mikro kecil. Secara umum aspek sosialisasi dan teknis dalam implementasi kebijakan ini adalah hal yang paling krusial yang harus dikerjakan bersama oleh seluruh pemangku kepentingan terkait suksesi kebijakan redenominasi rupiah di Indonesia.Kata Kunci: redenominasi rupiah, kinerja, usaha mikro dan kecil dan ekonomi mikro

scholarly journals BUSINESS COMPETITIVENESS STRATEGY OF PROCESSED MUSHROOM IN EAST JAVA: A RESOURCE-BASED VIEW MODEL APPROACH

2020 ◽  
Vol 18 (4) ◽  
pp. 609-621
Author(s):  
Novi Haryati ◽  
◽  
Suraya Mohamad Salleh ◽  
Yusti Mauriska Choirunnisa ◽  
◽  
...  
Keyword(s):  
Entrepreneurial Orientation ◽  
Competitive Strategy ◽  
Business Performance ◽  
Descriptive Analysis ◽  
Partial Least Square ◽  
Least Square ◽  
Quantitative Descriptive Analysis ◽  
Strategic Resources ◽  
Business Competitiveness ◽  
Small Medium Enterprises

Mushrooms are one of the strategic agro-industrial commodities in Indonesia. It is because the mushroom market share for consumption is very high. People consume mushrooms as a snack, side dishes, and also as a main dish. The mushroom business in Malang Indonesia is very lively, especially in this city, there are many students and employees as consumers who like snacks on the sidelines of their activities. Due to many of those industries, the SME of mushroom needs to increase the production. Leading competitiveness in the product are the factors that must be kept by companies to be successful in their business. This research aims to understand the effect of tangible resources, entrepreneurship orientation, business uncertainty on competitive strategy, and the influence of competitive strategy on the company’s performance. The research uses methods such as quantitative descriptive analysis and inferential (SEM) based on Partial Least Square (PLS). Strategic resources, entrepreneurial orientation, and environmental uncertainty of mushroom small-medium enterprises have a direct effect more than an indirect effect. Strategic resources have the strongest significance if it is compared to entrepreneurial orientation and entrepreneurial uncertainty. Further research is needed to see the effect of competitive strategy on business performance.

scholarly journals PERANAN INOVASI SEBAGAI MEDIATOR TERHADAP KINERJA USAHA KECIL MENENGAH ASESORIS GAWAI DI ROXY MAS JAKARTA

2020 ◽  
Vol 4 (1) ◽  
Author(s):  
Michael Christian ◽  
Merisa Merisa
Keyword(s):  
Entrepreneurial Orientation ◽  
Structural Equation ◽  
Business Performance ◽  
Partial Least Square ◽  
Least Square ◽  
Performance Factors ◽  
Management Capability ◽  
Management Ability ◽  
Management Capabilities

Business performance is influenced by several factors, one of which is the innovation of sales ideas. Previous studies also explain the role of innovation in determining the performance of the business being undertaken. Some researches on the role of innovation in determining business performance emphasizes aspects of top management involvement, resources, existing technological capabilities and organizational culture. This research aims to analyse the determinants of business performance factors, especially on the role of innovation as a mediating factor. This research is quantitative using Partial Least Square (PLS)-Structural Equation Modelling (SEM) models. The results of this study explain that Innovation and Management Capability do not have an influence on business performance in the SME accessories gadget at ITC Roxy Mas. However, entrepreneurial orientation has an influence on business performance in the gadget accessories SMEs at ITC Roxy Mas. Furthermore, entrepreneurial orientation and management ability have an influence on innovation in the gadget accessories SMEs at ITC Roxy Mas. The results of the indirect effect explain the entrepreneurial orientation and management capabilities that are mediated by innovation do not have an influence on business performance in the gadget accessories SMEs at ITC Roxy Mas. Keywords: Business performance, SMEs, innovation, entrepreneurship

scholarly journals How does entrepreneurial orientation affect the business performance of coffee shop MSMEs in Indonesia?

2021 ◽  
Vol 306 ◽  
pp. 03011
Author(s):  
M. Khalifatul Ardhi ◽  
Jangkung Handoyo Mulyo ◽  
Irham
Keyword(s):  
Risk Taking ◽  
Entrepreneurial Orientation ◽  
Urban Areas ◽  
Structural Equation ◽  
Business Performance ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling ◽  
Coffee Shop ◽  
Competitive Aggressiveness

The increasing growth of the coffee shop business with a fast and attractive expansion as a food & beverage industry in urban areas of Indonesia, especially Special Region of Yogyakarta has led to business competition between micro, small, and medium enterprises (MSMEs) which are required to use their ability to adapt, be competitive and improve business performance. The entrepreneurial orientation is claimed to important contributions to business success. This study aims to analyze the effect of entrepreneurial orientation on business performance. Partial Least Square-Structural Equation Modeling (PLS-SEM) analysis method is used to examine the effect of five dimensions of entrepreneurial orientation (innovative, proactive, risk-taking, autonomy, and competitive aggressiveness) on business performance. This research was conducted at 80 coffee shop MSMEs with the sampling technique using convenience sampling. The results showed that the dimensions of proactive, autonomy, and competitive aggressiveness were found to have a positive and significant effect on business performance, while the innovative and risk-taking dimensions did not affect significantly on business performance.

The effects of market and entrepreneurial orientation on the ambidexterity of multinational companies’ subsidiaries

2019 ◽  
Vol 32 (1) ◽  
pp. 4-25 ◽  
Author(s):  
Fellipe Silva Martins ◽  
Wagner Cezar Lucato ◽  
Leonardo Vils ◽  
Fernando Antonio Ribeiro Serra
Keyword(s):  
Data Collection ◽  
Market Orientation ◽  
Entrepreneurial Orientation ◽  
Structural Equation ◽  
Business Performance ◽  
Multinational Companies ◽  
Partial Least Square ◽  
Least Square ◽  
Exploration And Exploitation ◽  
Content Type

Purpose This study aims to explore the effect of crises on multinational companies’ (MNC) subsidiaries’ performance. It is hypothesized that crisis-led business underperformance will lead subsidiaries to choose market oriented or entrepreneurial oriented strategies (or both, “ambiorientation”). Finally, this study explores the idea that subsidiaries address market orientation (MO)-based strategies will address both exploration and exploitation outcomes, whereas those that choose entrepreneurial orientation (EO)-based strategies will focus on exploration only. Design/methodology/approach Partial-least square structural equation modelling was used to test the hypotheses. Data collection consisted of 280 full answers regarding MNC subsidiaries in Brazil. Findings The data provide evidence that crisis perception affects firms’ business performance. MNC subsidiaries in emerging economies, when confronting crises, take two different paths and use both market orientation, as well as entrepreneurial orientation (what the authors call “ambiorientation”). MO-based strategies cause both exploration and exploitation outcomes, and their combined result is comparable to EO-based strategies that focus only on exploration. Research limitations/implications Data collection was performed only in MNC subsidiaries in Brazil, and the results may differ depending on the area and the origin of the multinationals. Second, the sample concentrated on industrial activities, where there is space for both exploration and exploitation strategies. Originality/value This paper contributes to the literature by discussing the role of crises in shaping the possible strategic reactions multinational companies’ subsidiaries may undertake in emerging countries and their possible outcomes.

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