Digital Innovation Strategy: Performance of Coffee SMEs in Industrial Era 4.0

Nizar Alam hamdani

Abstract


Disruption in the industry 4.0 era encouraged SMEs to improve their business performance by creating digital innovation strategies. The purpose of this study is to analyze the effect of digital innovation strategies on the performance of Coffee SMEs in Garut, West Java. The method used was an explanatory survey method at the Coffee SMEs. Data processing and analyzing the relationship in the proposed structural model using SmartPLS 3. The results of this study reveal that the digital innovation strategy has a positive effect on the performance of  Coffee SMEs.


Keywords


Digital Innovation Strategies; Business Performance; SMEs

References


Al-matari, E. M. (2014). The Measurements of Firm Performance ’ s Dimensions, 6(1). https://doi.org/10.5296/ajfa.v6i1.4761

Anggadwita, G., & Mustafid, Q. Y. (2014). Identification of Factors Influencing the Performance of Small Medium Enterprises (SMEs). Procedia - Social and Behavioral Sciences, 115, 415–423. https://doi.org/10.1016/j.sbspro.2014.02.448

Astuti, P. D. (2005). Hubungan Intellectual Capital dan Business Performance. Jurnal Maksi, 5, 34–37.

Guillén, M. (2006). The Intellectual Evolution Of Strategic Management And Its Relationship With Ethics Domènec Melé The Intellectual Evolution Of Strategic Management And Its Relationship With Ethics Domènec Melé * Manuel Guillén **. Business, 3(658).

Hamdani, N. A. (2018). Building knowledge-creation for making business competition atmosphere in SMEs of Batik. Management Science Letters, 8, 667–676. https://doi.org/10.5267/j.msl.2018.4.024

Hamdani, N. A., Abdul, G., & Maulani, F. (2019). The Influence Information Technology Capabilities and Differentiation on the Competitiveness of Online Culinary SMEs, (1), 146–150.

Hamdani, N. A., Solihat, A., & Maulani, G. A. F. (2019). The Influence of Information Technology and Co-Creation on Handicraft SME Business Performance. International Journal of Recent Technology and Engineering, 8(1S), 151–154. Retrieved from https://www.ijrte.org/download/volume-8-issue-1s/

Hinings, B., Gegenhuber, T., & Greenwood, R. (2018). Digital innovation and transformation: An institutional perspective. Information and Organization, 28(1), 52–61. https://doi.org/10.1016/j.infoandorg.2018.02.004

Huang, Z., Kim, J., Sadri, A., Dowey, S., & Dargusch, M. S. (2019). Industry 4.0: Development of a multi-agent system for dynamic value stream mapping in SMEs. Journal of Manufacturing Systems, 52(November 2018), 1–12. https://doi.org/10.1016/j.jmsy.2019.05.001

Karel, S., Adam, P., & Radomír, P. (2013). Strategic Planning and Business Performance of Micro , Small and Medium-Sized Enterprises. Journal of Competitiveness, 5(4), 57–72. https://doi.org/10.7441/joc.2013.04.04

Nur, S., Zulkiffli, A., & Perera, N. (2011). A literature analysis on business performance for SMES - subjective or objective measures ? In SIBR Conference on Interdisciplinary Business and Economics Research (pp. 1–9). Bangkok, Thailand: Society of Interdisciplinary Business Research (SIBR.

Nylén, D., & Holmström, J. (2015). Digital innovation strategy: A framework for diagnosing and improving digital product and service innovation. Business Horizons, 58(1), 57–67. https://doi.org/10.1016/j.bushor.2014.09.001

Ongori, H., & Migiro, S. O. (2010). Information and communication technologies adoption in SMEs: literature review. Journal of Chinese Entrepreneurship, 2(1), 93–104. https://doi.org/10.1108/17561391011019041

Raymond, L., Marchand, M., & St-pierre, J. (2013). Entrepreneurship & Regional Development : An International Journal Dimensions of small business performance from the owner- manager ’ s perspective : a re- conceptualization and empirical validation, (June 2014), 37–41. https://doi.org/10.1080/08985626.2013.782344

Reguia, C. (2014). Product Innovation and the Competitive Advantage. European Scientific Journal, 1(June), 140–157.

Teece, D. J. (2018). Profiting from innovation in the digital economy: Enabling technologies, standards, and licensing models in the wireless world. Research Policy, 47(8), 1367–1387. https://doi.org/10.1016/j.respol.2017.01.015

Vega, A., & Chiasson, M. (2019). A comprehensive framework to research digital innovation: The joint use of the systems of innovation and critical realism. Journal of Strategic Information Systems, (June), 0–1. https://doi.org/10.1016/j.jsis.2019.06.001

Wiklund, J., & Shepherd, D. (2005). Entrepreneurial orientation and small business performance : a configurational approach, 20, 71–91. https://doi.org/10.1016/j.jbusvent.2004.01.001

Yeniyurt, S., Wu, F., Kim, D., & Cavusgil, S. T. (2019). Information technology resources , innovativeness , and supply chain capabilities as drivers of business performance : A retrospective and future research directions. Industrial Marketing Management, (xxxx), 0–1. https://doi.org/10.1016/j.indmarman.2019.03.008

Zoroja, J. (2016). Impact of ICTs on Innovation Activities: Indication for selected European countries. Naše Gospodarstvo/Our Economy, 62(3), str. 39-51. https://doi.org/10.1515/ngoe-2016-0017




DOI: https://doi.org/10.17509/strategic.v19i2.20429

Refbacks

  • There are currently no refbacks.


Creative Commons License

STRATEGIC is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License

View My Stats