Predicting SME’s business performance: Integrating stakeholder theory and performance based innovation model
Empirical evidence and study investigating the effects of social capital on innovation and business performance remains limited. Moreover, the current debate about the role of innovation on business performance remains, given the application effects that would differ particular in SMEs. The study ex...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2023-09-01
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| Series: | Journal of Open Innovation: Technology, Market and Complexity |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S219985312300224X |
| _version_ | 1827584922601127936 |
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| author | Siti Aisjah I Wayan Edi Arsawan Dwi Suhartanto |
| author_facet | Siti Aisjah I Wayan Edi Arsawan Dwi Suhartanto |
| author_sort | Siti Aisjah |
| collection | DOAJ |
| description | Empirical evidence and study investigating the effects of social capital on innovation and business performance remains limited. Moreover, the current debate about the role of innovation on business performance remains, given the application effects that would differ particular in SMEs. The study examines the implications of social capital in affecting business performance by integrating stakeholder theory and a performance-based innovation model. Subsequently, we examined strategic agility’s role in moderating social capital and business performance’s relationship. The present study used a quantitative approach that included 855 respondents out of 285 sample frames in Indonesia, representing three levels of SME management. Data collection was conducted using Likert scale questionnaires and analyzed by SmartPLS software. The study suggested that social capital combined with collaborative knowledge creation and technology adoption offer new insights to predict future innovation and business performance. All of this highlighted the critical role that was played by social capital in defining innovation and business performance and how collaborative knowledge creation can drive innovation. |
| first_indexed | 2024-03-08T23:39:13Z |
| format | Article |
| id | doaj.art-f1661af7f0d14771bfd99a6ad036b312 |
| institution | Directory Open Access Journal |
| issn | 2199-8531 |
| language | English |
| last_indexed | 2024-03-08T23:39:13Z |
| publishDate | 2023-09-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Open Innovation: Technology, Market and Complexity |
| spelling | doaj.art-f1661af7f0d14771bfd99a6ad036b3122023-12-14T05:22:30ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312023-09-0193100122Predicting SME’s business performance: Integrating stakeholder theory and performance based innovation modelSiti Aisjah0I Wayan Edi Arsawan1Dwi Suhartanto2Faculty of Economic and Business, Universitas Brawijaya, Malang 65145, Indonesia; Corresponding author.Department of Business Administration, Politeknik Negeri Bali, Badung 80364, IndonesiaDepartment of Business Administration, Politeknik Negeri Bandung, Bandung 40012, IndonesiaEmpirical evidence and study investigating the effects of social capital on innovation and business performance remains limited. Moreover, the current debate about the role of innovation on business performance remains, given the application effects that would differ particular in SMEs. The study examines the implications of social capital in affecting business performance by integrating stakeholder theory and a performance-based innovation model. Subsequently, we examined strategic agility’s role in moderating social capital and business performance’s relationship. The present study used a quantitative approach that included 855 respondents out of 285 sample frames in Indonesia, representing three levels of SME management. Data collection was conducted using Likert scale questionnaires and analyzed by SmartPLS software. The study suggested that social capital combined with collaborative knowledge creation and technology adoption offer new insights to predict future innovation and business performance. All of this highlighted the critical role that was played by social capital in defining innovation and business performance and how collaborative knowledge creation can drive innovation.http://www.sciencedirect.com/science/article/pii/S219985312300224XSocial capitalInnovationBusiness performanceTechnology adoptionCollaborative knowledge creationStrategic agility |
| spellingShingle | Siti Aisjah I Wayan Edi Arsawan Dwi Suhartanto Predicting SME’s business performance: Integrating stakeholder theory and performance based innovation model Journal of Open Innovation: Technology, Market and Complexity Social capital Innovation Business performance Technology adoption Collaborative knowledge creation Strategic agility |
| title | Predicting SME’s business performance: Integrating stakeholder theory and performance based innovation model |
| title_full | Predicting SME’s business performance: Integrating stakeholder theory and performance based innovation model |
| title_fullStr | Predicting SME’s business performance: Integrating stakeholder theory and performance based innovation model |
| title_full_unstemmed | Predicting SME’s business performance: Integrating stakeholder theory and performance based innovation model |
| title_short | Predicting SME’s business performance: Integrating stakeholder theory and performance based innovation model |
| title_sort | predicting sme s business performance integrating stakeholder theory and performance based innovation model |
| topic | Social capital Innovation Business performance Technology adoption Collaborative knowledge creation Strategic agility |
| url | http://www.sciencedirect.com/science/article/pii/S219985312300224X |
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