The influence of knowledge and entrepreneurial orientation on product innovation and financial performance Batik Msme’s -
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Published:
Feb 28, 2024
Keywords:
Batik, Entrepreneurial Orientation, Financial Performance, Innovation Product, Knowledge
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Economy
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Abstract
Company performance is a measure of a company's success in carrying out business activities. Company performance is the final result of all activities within a company. If the company's performance is poor, it is indirectly very difficult for the company to maintain its existence. Internal factors that influence company performance are company knowledge, entrepreneurial orientation, product innovation and competitive advantage. GoalThe purpose of this research is to analyze the influence of knowledge and entrepreneurial orientation on product innovation, and the role of innovation in mediating the indirect influence of knowledge and entrepreneurial orientation on financial performance. The research location is batik MSME’s in Banyuwangi Bondowoso Regency, and Jember, East Java Province, Indonesia. The number of respondents was 43 units. Analyze data using analysis Generalized Structured Component Analysis (GSCA). The research results show variablesKnowledge and entrepreneurial orientation have a significant positive effect on innovation and financial performance. This indicates that the better the knowledge and entrepreneurial orientation (innovative, proactive, aggressively competitive, brave to take risks, and independent) of batik creative economy business owners, the better the product innovation and financial performance will be
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Dwimahendrawan, A. ., Suryadinata, N. and Rahmi, A. (2024) “The influence of knowledge and entrepreneurial orientation on product innovation and financial performance Batik Msme’s: -”, Jurnal Mantik, 7(4), pp. 3393-3399. Available at: https://iocscience.org/ejournal/index.php/mantik/article/view/4751 (Accessed: 19April2026).
References
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Sirmon, D. G., Hitt, M. A., Ireland, R. D., & Gilbert, B. A. (2011). Resource orchestration to create competitive advantage: Breadth, depth, and life cycle effects. Journal of Management, 37(5), 1390–1412. https://doi.org/10.1177/0149206310385695
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Wenzel, M., Stanske, S., Lieberman, M. B., & Angeles, L. (2021). Strategic responses to crisis. Strategic Management Journal, 42(2), O16–O27. https://doi.org/10.1002/smj.3161
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Barney, J.B. & Clark, D. . (2007). Resource-Based Theory: Creating and Sustaining Competitive Advantage. Oxford University Press.
Barney, J. B., & Hesterly, W. S. (2015). Strategic Management and CA - Concepts and Cases.
Barney, J., Wright, M., & Ketchen, D. J. (2001). The resource-based view of the firm: Ten years after 1991. Journal of Management, 27(6), 625–641. https://doi.org/10.1177/014920630102700601
Bonacina Roldan, L., Hansen, P. B., & Garcia-Perez-de-Lema, D. (2018). The relationship between favorable conditions for innovation in technology parks, the innovation produced, and companies’ performance: A framework for an analysis model. Innovation and Management Review, 15(3), 286–302. https://doi.org/10.1108/INMR-05-2018-0027
Cahyani, A. A., Mallongi, S., & Mahmud, A. (2021). Pengaruh Orientasi Kewirausahaan, Inovasi Produk, Keunggulan Bersaing, Terhadap Kinerja Pemasaran Usaha Nasi Kuning di Kota Makassar. PARADOKS?: Jurnal Ilmu Ekonomi, 4(1), 219–232. https://doi.org/10.33096/paradoks.v4i1.768
Dan, M., & Pengetahuan, B. (2013). TERHADAP KINERJA BISNIS ( Studi Pada Usaha Kecil dan Menengah Batik di JawaTimur ).
DPR RI. (2019). Undang-Undang Republik Indonesia Nomor 24 Tahun 2019 tentang Ekonomi Kreatif (UU No. 24 Pasal 21 Ayat 1 Tahun 2019). Undang-Undang Republik Indonesia, 009640, 9640–9659.
Drucker, P. (1985). The Discipline of Innovation. Harvard Business Review.
Frank Boonsa, Carlos Montal vob, Jaco Quistc, M. W. (2013). Sustainable Innovation, Business Models and Economic Performance: an overview. Journal of Cleaner Production, 45, 1–8.
Hitt, Michael A., Ireland R. Duane, Hoskisson, R. (2001). Strategic Management: Competitiveness and Globalization Concepts. Thomson Learning Asia 60 Albert Complex.
Hitt, M. A., Ireland, R. D., Camp, S. M., & Sexton, D. L. (2001). Strategic entrepreneurship: entrepreneurial strategies for wealth creation. Strategic Management Journal, 22(6–7), 479–491. https://doi.org/10.1002/smj.196
Imam, S., & Zainul, A. (2014). The Effect of Market Orientation and Entrepreneurial Orientation toward Learning Orientation, Innovation, Competitive Advantages and Marketing Performance. European Journal of Business and ManagementOnline), 6(21), 2222–2839.
Jung, J. H., Brown, T. J., & Zablah, A. R. (2022). How Customer Requests Influence Frontline Employee Job Outcomes: The Role of Personal Appraisal Tendencies and Situational Customer Demandingness. Journal of Retailing, 98(2), 315–334. https://doi.org/10.1016/j.jretai.2021.03.005
Mulyana, M., & Sutapa, S. (2014). Peningkatan Kapabilitas Inovasi, Keunggulan Bersaing dan Kinerja melalui Pendekatan Quadruple Helix: Studi Pada Industri Kreatif Sektor Fashion. Jurnal Manajemen Teknologi, 13(3), 304–321. https://doi.org/10.12695/jmt.2014.13.3.5
Peteraf, M. A. (1993). The Cornerstones of Competitive Advantage?: A Resource-Based View Stable URL?: http://www.jstor.org/stable/2486921 Accessed?: 09-03-2016 14?: 10 UTC Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use , available at ht. Strategic Management Journal, 14(3), 179–191.
Poernomo, D. Soemartono, A.Y. & Safitri, R. . (2019). Innovation, Local Wisdom and Value Creation in “Batik” Creative Industry. SAR Journal, 2(4), 153–157. https://doi.org/10.18421/SAR24-02
Poernomo, D. Wahono, P. & Puspitaningtyas, Z. (2017). The Role of Knowledge Absorption inthe Mediation of the Effect of Social Network on the Competitive Advantages of “Batik” Micro Company. Archives of Business Research, 5(12). https://doi.org/10.14738/abr.512.3933
Poernomo, D., Jember, U., & Wahono, P. (2017). The Role Of Knowledge Absorption In The Mediation Of The Effect Of Social Network On The Competitive Advantages Of “Batik” Micro Company. December. https://doi.org/10.14738/abr.512.3933
Rosli Mahmood, Mahmood, R., Aarakit, S. M., Alarape, A. A., Al-swidi, A. K., Al-Hosam, A., Aminu, I. M., Shariff, M. N. M., Zhongfeng Su, En Xie, and Y. L., Ahmed, I., Ali, G., Ramzan, M., Andersén, J., Anderson, B. S., Eshima, Y., Arbaugh, J., Larry, W., Camp, S., Arief, M., … Me, N. (2013). Entrepreneurial orientation and business performance of women-owned small and medium enterprises in Malaysia?: Competitive advantage as a mediator. International Journal of Business and Social Science, 4(1), 82–90. https://doi.org/10.1177/0266242612455034
Setyawati, S. M., & Rosiana, M. (2015). Inovasi Dan Keunggulan Kompetitif Sebagai Variabel Mediasi Pengaruh Orientasi Pasar Terhadap Kinerja Bisnis (Studi Empiris Pada Usaha Kecil Dan Menengah Di Purwokerto). Sustainable Competitive Advantage (SCA), 5(1).
Sirmon, D. G., Hitt, M. A., Ireland, R. D., & Gilbert, B. A. (2011). Resource orchestration to create competitive advantage: Breadth, depth, and life cycle effects. Journal of Management, 37(5), 1390–1412. https://doi.org/10.1177/0149206310385695
Sugiyono, D. (2013). Metode Penelitian Kuantitatif, Kualitatif, dan Tindakan.
Teece, D. J. (2007). Explicating Dynamic Capabilities?: The Nature and Microfoundations of ( Sustainable ) Enterprise Performance Stable URL?: http://www.jstor.org/stable/20141992 AND MICROFOUNDATIONS OF ( SUSTAINABLE ) ENTERPRISE PERFORMANCE EXPLICATING DYNAMIC CAPABILITIES. Strategic Management Journal, 28(13), 1319–1350. https://doi.org/10.1002/smj.64()Received
Vasconcelos, R., & Oliveria, M. (2018). Does innovation make a difference? Innovation & Management Review, 15(2), 137–154. https://doi.org/10.1108/inmr-04-2018-011
Wenzel, M., Stanske, S., Lieberman, M. B., & Angeles, L. (2021). Strategic responses to crisis. Strategic Management Journal, 42(2), O16–O27. https://doi.org/10.1002/smj.3161
Zhang, S., Wang, Z., Zhao, X., & Zhang, M. (2017). Effects of institutional support on innovation and performance: Roles of dysfunctional competition. Industrial Management and Data Systems, 117(1), 50–67. https://doi.org/10.1108/IMDS-10-2015-0408
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