Technology Readiness and Digital Competing Capabilities: Digital Value Resonance

The digital economy for MSMEs still possesses complex problems in the debate over technology readiness and competitive digital capabilities. The increase of dynamic product innovation changes is only effectively supported by digital value resonance. Addressing this issue, this research aims to explo...

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Main Authors: Roymon Panjaitan, Agustinus Moonti, Echan Adam
Format: Article
Language:English
Published: IAIN Surakarta 2021-07-01
Series:Shirkah
Subjects:
Online Access:http://shirkah.or.id/new-ojs/index.php/home/article/view/385
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author Roymon Panjaitan
Agustinus Moonti
Echan Adam
author_facet Roymon Panjaitan
Agustinus Moonti
Echan Adam
author_sort Roymon Panjaitan
collection DOAJ
description The digital economy for MSMEs still possesses complex problems in the debate over technology readiness and competitive digital capabilities. The increase of dynamic product innovation changes is only effectively supported by digital value resonance. Addressing this issue, this research aims to explore the readiness of technology and the ability to compete digitally for innovative products through the resonance of digital value, especially for multi-business businesses. The data were collected from 170 respondents of small and medium-sized businesses through questionnaires. SEM-PLS techniques were used to analyze the data with a path mediated by digital value resonance on product innovation. The results showed that the resonance of digital value successfully mediated the relationship of technological readiness and digital competing capabilities, as well as direct links to the improvement of innovative products. Digital consumer habits also successfully strengthened the relationship of technological readiness and digital competing capabilities on the resonance of digital value. The advantages of this research lie in the synthesis of proposed digital value resonance variables from the results of resource-based view theory propositions in bridging the previous researcher gaps and contributing as a conceptual novelty model that can personalize digital value in the level of competition and increase MSMEs innovation products.
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spelling doaj.art-0746cf2b6e3f4ea5a214bd1b6e12964b2023-01-02T15:20:35ZengIAIN SurakartaShirkah2503-42352503-42432021-07-016220522610.22515/shirkah.v6i2.385104Technology Readiness and Digital Competing Capabilities: Digital Value ResonanceRoymon Panjaitan0Agustinus Moonti1Echan Adam2Universitas Sains dan Teknologi Komputer SemarangUniversitas Negeri GorontaloUniversitas Negeri GorontaloThe digital economy for MSMEs still possesses complex problems in the debate over technology readiness and competitive digital capabilities. The increase of dynamic product innovation changes is only effectively supported by digital value resonance. Addressing this issue, this research aims to explore the readiness of technology and the ability to compete digitally for innovative products through the resonance of digital value, especially for multi-business businesses. The data were collected from 170 respondents of small and medium-sized businesses through questionnaires. SEM-PLS techniques were used to analyze the data with a path mediated by digital value resonance on product innovation. The results showed that the resonance of digital value successfully mediated the relationship of technological readiness and digital competing capabilities, as well as direct links to the improvement of innovative products. Digital consumer habits also successfully strengthened the relationship of technological readiness and digital competing capabilities on the resonance of digital value. The advantages of this research lie in the synthesis of proposed digital value resonance variables from the results of resource-based view theory propositions in bridging the previous researcher gaps and contributing as a conceptual novelty model that can personalize digital value in the level of competition and increase MSMEs innovation products.http://shirkah.or.id/new-ojs/index.php/home/article/view/385digital competing capabilitiesdigital consumer habitsdigital value resonanceinnovation productstechnology readiness
spellingShingle Roymon Panjaitan
Agustinus Moonti
Echan Adam
Technology Readiness and Digital Competing Capabilities: Digital Value Resonance
Shirkah
digital competing capabilities
digital consumer habits
digital value resonance
innovation products
technology readiness
title Technology Readiness and Digital Competing Capabilities: Digital Value Resonance
title_full Technology Readiness and Digital Competing Capabilities: Digital Value Resonance
title_fullStr Technology Readiness and Digital Competing Capabilities: Digital Value Resonance
title_full_unstemmed Technology Readiness and Digital Competing Capabilities: Digital Value Resonance
title_short Technology Readiness and Digital Competing Capabilities: Digital Value Resonance
title_sort technology readiness and digital competing capabilities digital value resonance
topic digital competing capabilities
digital consumer habits
digital value resonance
innovation products
technology readiness
url http://shirkah.or.id/new-ojs/index.php/home/article/view/385
work_keys_str_mv AT roymonpanjaitan technologyreadinessanddigitalcompetingcapabilitiesdigitalvalueresonance
AT agustinusmoonti technologyreadinessanddigitalcompetingcapabilitiesdigitalvalueresonance
AT echanadam technologyreadinessanddigitalcompetingcapabilitiesdigitalvalueresonance