Innovation capabilityas a survival strategy for MSMEs during the economic recovery from the COVID-19 pandemic

Wijaya, Liliana Inggrit and Zunairoh, Zunairoh and Hadi, Faizal Susilo and Wicaksono, Adhika Putra and Izharuddin, Muhammad (2024) Innovation capabilityas a survival strategy for MSMEs during the economic recovery from the COVID-19 pandemic. Asian Economic and Financial Review, 14 (8). pp. 563-579. ISSN 2305-2147; E-ISSN 2222-6737

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Abstract

This study aims to analyze the effect of organizational learning on organizational performance and innovation ability’smoderating variables on the effect of organizational learning on organizational performance. Aquantitative approach is used that focuses on hypothesis testing and measurable data and produces generalizable conclusions. The analysis technique used isstructural equation modeling(SEM). Thecontributionof this researchis unique because it gives a more specific balancedscore card design for micro, small and medium enterprise (MSME)performance to capture dimensions not revealed in existing studies. The results of this study show that organizational learning (exploitation, exploration and ambidexterity) has a positive effect on innovation capability,and vice versa. The theoretical implicationof this researchis that it offers a broad perspective on how MSMEs function in a pandemicand thetacticsthey use toovercomeadversity and becomeresilient. Organizational learning and innovationarethe two variable components in this studyandare utilized as the main drivers of small and medium-sized enterprise (SME)performance. This research has implicationsfor entrepreneurs, as SMEs can apply the findings to enhance their business performance.

Item Type:	Article
Uncontrolled Keywords:	Ambidexterity; Balanced scorecard;Innovation capability;Organizational learning;Recovery from the COVID-19 pandemic
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:	Faculty of Business and Economic > Department of Management
Depositing User:	Ester Sri W. 196039
Date Deposited:	11 Sep 2024 09:13
Last Modified:	11 Sep 2024 09:13
URI:	http://repository.ubaya.ac.id/id/eprint/47084

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