Abstract
|
Research aims: This study is to determine performance improvement through MSME entrepreneurship, product innovation capabilities and competitive advantage in the culinary field of Kudus district. Design/Methodology/Approach: This research is a descriptive research. Data was collected from the population of MSME owners and actors in the culinary industry in Kudus Regency. Target sampling is done to target prospective respondents with certain characteristics. Respondent criteria are: Have a micro business that offers culinary products and has been established or operating for at least 1 year and the respondent has a minimum educational background of high school or equivalent. This research was conducted in Kudus Regency by involving 270 respondents. This study also explores factors that can affect business performance, namely: Entrepreneurial orientation, Product innovation capability, and Competitive advantage. Research findings: The results of the research show that based on the results of the research there are many things that can be considered important in the Entrepreneurship Orientation process, especially how culinary MSME actors in Kab. Kudus is able to be Entrepreneurial Oriented by cultivating its product innovation capabilities, so that it can create and make new improvements to the merchandise presented so that with continuously developing innovation it can create the right merchandise that is not easily imitated through competition so that someone Theoretical contribution/Originality: The novelty of this study is that this test uses the Service Dominant Logic approach. Entrepreneurial Orientation is a multidimensional behavioral concept consisting of an innovation component, an opportunity-taking component, and a proactive attitude component. In the context of this study, there can be aggressive gains. Practitioner/Policy implication: Both the government and especially the Kudus area to better improve entrepreneurial performance Keywords: MSME Entrepreneurship, Product Innovation Capability, and Performance Improvement
|
Keywords
- SMEs
- marketing strategies
- startup
- the UK
- grocery
References
- Alnawas, I., & Hemsley-Brown, J. (2019). Market orientation and lodge overall performance: investigating the position of high-order advertising and marketing skills. International Journal of Contemporary Hospitality Management, 31(4), 1885β1905. https://doi.org/10.1108/IJCHM-07-2018-0564
- Anning-Dorson, T. (2018). Innovation and aggressive benefit creation: The position of organisational management in provider companies from rising markets. International Marketing Review, 35(4), 580β600. https://doi.org/10.1108/IMR-11-2015-0262
- Anuar, K., Ali, M., Izzaty, N., Nik, N., & Iskandar, M. (2016). the Effect of Business Innovation Capability, Entrepreneurial Competencies and Quality Management Towards the Performance of Malaysian SmeβS. International Journal of Business, Economics and Law, 10(2), 7β13.
- Dewi, R. S. (2013). INFLUENCE OF PSYCHOLOGICAL CAPITAL FACTORS, ENTREPRENEUR CHARACTERISTICS, INNOVATION, HUMAN RESOURCES MANAGEMENT, AND SME CHARACTERISTICS ON THE DEVELOPMENT OF TRADERS' BUSINESS IN TRADITIONAL MARKETS (Case Study on Food and Snack Traders at Peterongan Market). Journal of Business Administration, 2(1), 29-40.
- Ekawati, N. W., et al. (2016). Implementation of Ecoprenership and Green Innovation in Building Competitive Advantage to Generate Success of New Spa Products in Bali. International Bussiness Management, 10(14), 2660-2669.
- Evans, N. G. (2016). Sustainable aggressive benefit in tourism organizations: A strategic version making use of provider dominant common sense and tourismβs defining characteristics. Tourism Management Perspectives, 18, 14β25. https://doi.org/10.1016/j.tmp.2015.12.015
- Greer, C. R., Lusch, R. F., & Hitt, M. A. (2017). A Service attitude for human capital resources: A essential base for approach implementation. Academy of Management Perspectives, 31(2), 137β158. https://doi.org/10.5465/amp.2016.0004
- Han, J. K., Kim, N., & Srivastava, R. K. (1998). Market Orientation and Organizational Performance: Is Innovation a Missing Link? Journal of Marketing, 62(4), 30β45. https://doi.org/10.1177/002224299806200403
- Hapsari, G. R. E. (2014). The Influence of Organizational Learning. Market Orientation and Organizational Innovation on Competitive Excellence (Studies at PT Bank Rakyat Indonesia Tbk. Malang Branch). Postgraduate Thesis Faculty of Economics and Business Universitas Brawijaya.
- Kuncoro, W., & Suriani, W. O. (2018). Achieving sustainable aggressive benefit via product innovation and marketplace driving. Asia Pacific Management Review, 23(3), 186β192. https://doi.org/10.1016/j.apmrv.2017.07.006
- Kuntjoroadi, W., & Safitri, N. (2009). Competitive Strategy Analysis in Commercial Aviation Business Competition. 16, 45β52.
- Laukkanen, T., Nagy, G., Hirvonen, S., Reijonen, H., & Pasanen, M. (2013). The impact of strategic orientations on enterprise overall performance in SMEs: A multigroup evaluation evaluating Hungary and Finland. International Marketing Review, 30(6), 510β535. https://doi.org/10.1108/IMR-09-2011-0230
- Lin, R. J., Chen, R. H., & Chiu, K. K. S. (2010). Customer courting control and innovation capability: An empirical study. Industrial Management and Data Systems, 110(1), 111β133. https://doi.org/10.1108/02635571011008434
- Ma, H. (2004). Toward international aggressive benefit: Creation, competition, cooperation, and co-option. Management Decision, 42(7), 907β924. https://doi.org/10.1108/00251740410550961
- Masaβdeh, R., Al-Henzab, J., Tarhini, A., & Obeidat, B.Y. (2018). The institutions amongst marketplace orientation, generation orientation, entrepreneurial orientation and organizational overall performance. Benchmarking,25(8), 3117β3142. https://doi.org/10.1108/BIJ-02-2017-0024
- McDermott, C. M., & OβConnor, G. C. (2002). Managing radical innovation: An review of emergent approach issues. Journal of Product Innovation Management, 19(6), 424β438. https://doi.org/10.1016/S0737-6782(02)00174-1
- Mulyadi. (2007). Management Planning and Control Systems (3rded.). Jakarta: Salemba.
- Octavia, A., Indrawijaya, S., Sriayudha, Y., Heriberta, Hasbullah, H., & Asrini. (2020). Impact on e-trade adoption on entrepreneurial orientation and marketplace orientation in enterprise overall performance of smes. Asian Economic and Financial Review, 10(5), 516β525. https://doi.org/10.18488/journal.aefr.2020.105.516.525
- Onwe, C. C., Ogbo, A., & Ameh, A. A. (2020). Entrepreneurial orientation and small company overall performance: the moderating position of environmental hostility. Entrepreneurial Business and Economics Review, 8(4), 67β84. https://doi.org/10.15678/EBER.2020.080404
- Pratono, A. H. (2018). Does company overall performance growth with risk-taking conduct below facts technological turbulence?: Empirical proof from Indonesian SMEs. Journal of Risk Finance, 19(4),361β378. https://doi.org/10.1108/JRF-10-2017-0170
- Rachmawati, E., Suliyanto, & Suroso, A. (2020). Direct and oblique impact of entrepreneurial orientation, own circle of relatives involvement and gender on own circle of relatives enterprise overall performance. Journal of Family Business Management. https://doi.org/10.1108/JFBM-07-2020-0064
- Ramaswami, S. N., et al. (2004). Market-primarily based totally property and skills, enterprise processes, and monetary overall performance. Marketing Science Institute Report (04-102). Issue One, Working Paper Series.
- Rofiaty, R. (2019). The relational version of entrepreneurship and expertise control towards innovation, approach implementation and enhancing Islamic boarding college overall performance. Journal of Modelling in Management, 14(3), 662β685. https://doi.org/10.1108/JM2-05-2018-0068
- Russell, S., & Millar, H. (2014). Russell, S., &Millar, H. (2014). Competitive priorities of producing companies withinside the Caribbean. Journal of Business and Management (IOSR-JBM) 16(10), 72-82.
- Suliyanto, R. (2011). Embedding Sharia-Based Innovation Values to Improve New Product Marketing Performance withinside the Islamic Microfinance Industry (Vol. 1). Khoirunnisa.
- Tajeddini, K., Martin, E., & Ali, A. (2020). Enhancing hospitality enterprise overall performance: The position of entrepreneurial orientation and networking ties in a dynamic environment. International Journal of Hospitality Management, 90(June), 102605. https://doi.org/10.1016/j.ijhm.2020.102605
- Vaitoonkiat, E., & Charoensukmongkol, P. (2020). Interaction effects of entrepreneurial and stakeholder orientation on the overall performance of trading firms within Thai metal manufacturing firms. Journal of Entrepreneurship in Emerging Economies, 12(4), 453-473. https://doi.org/10.1108/JEEE-05-2019-0072
- Wahyuni, N.M. & Sara, I. M (2020). Impact of entrepreneurial orientation variables on the overall performance of retail firms in the SME context. Workplace Learning Journal, 32(1), 35-62. https://doi.org/10.1108/JWL-03-2019-0033