The Influence of MSME Perfomance Seen from Innovation as Mediation
DOI:
https://doi.org/10.32493/jiaup.v13i1.45665Keywords:
Intellectual Capital, Enterpreneurial Orientation, Innovation, Company ValueAbstract
This study examines the effect of Intellectual Capital and entrepreneurial Orientation on Company Value, especially MSMEs with Innovation as a mediating variable. This study used a quantitative approach with questionnaires distributed to 237 respondents varied, as many as 182 respondents had micro-businesses, while 55 respondents had small businesses. Data were processed using SEM analysis, with AMOS 24 software. The results showed that Intellectual Capital and Entrepreneurial Orientation affected Innovation. However, Intellectual Capital and Innovation do not affect Company Value. Besides that, Entrepreneurial Orientation influences the Company’s Value. Another hypothesis shows that Innovation does not mediate Intellectual Capital on Company Value but mediates Entrepreneurial orientation on Firm Value. The novelty of this research lies in the model created. As for future development, it can be more detailed to distinguish Innovation, both from products and innovation from the process.
ABSTRAK
penelitian ini bertujuan untuk menguji pengaruh intellectual capital, orientasi kewirausahaan terhadap nilai perusahaan khususnya UMKM dengan inovasi sebagai variabel mediasi. Penelitian ini menggunakan pendekatan kuantitatif dengan kuesioner yang disebarkan kepada 237 responden yang bervariasi, sebanyak 182 responden memiliki usaha mikro, sedangkan 55 responden memiliki usaha kecil. Data diolah dengan menggunakan analisis SEM, dengan software AMOS 24. Hasil penelitian menunjukkan bahwa modal intelektual dan orientasi kewirausahaan berpengaruh terhadap inovasi. Namun, modal intelektual dan inovasi tidak berpengaruh terhadap nilai perusahaan. Selain itu, orientasi kewirausahaan berpengaruh terhadap nilai perusahaan. Hipotesis lain menunjukkan bahwa inovasi tidak memediasi modal intelektual terhadap nilai perusahaan, tetapi inovasi memediasi orientasi kewirausahaan terhadap nilai perusahaan. Kebaruan dari penelitian ini terletak pada model yang dibuat. Sedangkan untuk pengembangan kedepannya, dapat lebih mendetail untuk membedakan Inovasi, baik dari produk maupun inovasi dari proses.
Kata kunci: modal intelektual, orientasi kewirausahaan, inovasi, nilai perusahaan
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