DOES COMPETITIVE STRATEGY AFFECT MSE’S BUSINESS PERFORMANCE – EVIDENCE FROM LAMPUNG
Keywords:
Competitive Strategy, SME, Business Performance, Food and Beverage
Abstract
SME is one of the factors affecting economic development in Indonesia right now. This research aims to study the effect of competitive strategy to bussiness performance using unique capabilities, process innovation and competitive strategy as the indicators. The sample used in this research is food and beverage SME in Lampung Province available in year 2017-2019. This research is a descriptive and verificative study, running the data using SEM-PLS. The result show that unique capabilities has a psotive and sginificant effect to business performance simultaniously and partially, and process innovation has a positive but not significant effect. The result also shows that unique capabilities and process innovation has a positive and significant effect to competitive strategy simultaniously and partially. It can be concluded that to increase Food and Beverage SME’s business performance in Lampung Province, we need to develop competitive strategy to increase the unique capabilities and process innovation.
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Simonetti. R, Archibugi, D., & Evangelista, R. (1995). Product And Process Innovations: How Are They Defined? How Are They Quantified? Scientometrics , 32(1), 77–89.
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Tidd, J., & Bessant, J. (2013). Managing Innovation : Integrating Technological, Market and Organizational Change. (5th ed.). Wiley.
Uchegbulam, P., Akinyele, S., & Ibidunni, A. (2015). Competitive Strategy and Performnace of Selected SMEs in Nigeria . International Conferences on Africa Development Issues (CU-ICADI) 2015. , 326–333.
Wilantara, F. R., & Susilawati. (2016). Strategi dan Kebijakan Pengembangan UMKM : Upaya Meningkatkan Dayasaing UMKM Nasional di Era MEA. PT. Refika Aditama.
Adawiyah, W. R. (2012). Faktor Penghambat Pertumbuhan Usaha Mikro Kecil dan Menengah (UMKM) : Studi di Kabupaten Banyumas. Fakultas Ekonomi Universitas Jenderal Soedirman.
Agyapong, A. (2015). Marketing Capability, Competitive Strategies And Performance Of Micro And Small Family Businesses In Ghana. Journal of Developmental Entrepreneurship, 20(4), 1–25.
Agyapong, Ahmed, Florence, E., & Domeher, D. (2016). Competitive Strategy and Performance of Family Businesses: Moderating Effect of Managerial and Innovative Capabilities. Journal of Small Business & Entrepreneurship, 1–29.
Aji, P. (2015). Manajemen Strategi : Keunggulan Bersaing Berkelanjutan. Ekuilibria.
Arianto, Wahyu, N., Wahyudi, E., & Iswono, S. (2014). Keunggulan Bersaing Usaha Mikro Hasil Olahan Belimbing Usaha Dagang Cemara Sari Berbasis Inovasi Produk di Kota Blitar. E-SOSPOL , 1(1), 25–37.
As’ari, A. H. (2013). Peran UKM Terhadap Pertumbuhan Ekonomi Indonesia. Http://Hisyamjayuz.Blogspot.Co.Id/2013/05/Peran-Ukm-Terhadap-Pertumbuhan-Ekonomi.Html.
Bayraktar, Ali, C., Hancerliogullari, G., Cetinguc, B., & Calisir, F. (2016). Competitive Strategies, Innovation, and Firm Performance: an Empirical Study in a Developing Economy Environment. Technology Analysis & Strategic Management.
Cantamessa, Marco, & Montagna, F. (2016). Management of Innovation and Product Development: Integrating Business and Technological Perspective. Springer-Verlag .
Dalota, M.-D. (2013). SME’s Innovation And Human Resources Management. Romanian Economic and Business Review – Special Issue, 203–210.
David, F. R., & Forest R David. (2015). Strategic Management : Concepts and Cases. A Competitive Advantage Approach (15th ed.). Pearson.
Dewi, & Shinta, R. (2013). Pengaruh Faktor Modal Psikologis, Karakteristik Enterpreneur, Inovasi, Manajemen Sumberdaya Manusia, dan Karakteristik UKM Terhadap Perkembangan Usaha Pedagang Di Pasar Tradisional (Studi Kasus pada Pedagang Sembako dan Snack di Pasar Peterongan). Jurnal Administrasi Bisnis, 2(1), 29–40.
Dinas Koperasi dan UMKM Provinsi Lampung. (2019). Data Perkembangan Jumlah Usaha Mikro Kecil Menengah Kabupaten/kota di Provinsi Lampung.
Dobni, C. B. (2010). The Relationship Between An Innovation Orientation And Competitive Strategy. International Journal of Innovation Management , 14(2), 331–357.
Grinciuc, L. (2015). The Small And Medium Enterprises As The Basic Component Of The Entrepreneurial Activity In The Republic Of Moldova. 15(2).
Hadiyati, E. (2011). Kreativitas dan Inovasi Berpengaruh Terhadap Kewirausahaan Usaha Kecil. Jurnal Manajemen Dan Kewirausahaan, 13(1), 8–16.
Hatak, I., Kautonen, T., Fink, M., & Kansikas, J. (2016). . Innovativeness and Family-Firm Performance: The Moderating Effect of Family Commitment. Journal Technological Forecasting & Social Change., 10(2), 120–131.
Henseler, J., Hubona, G., & Ray, P. A. (2016). Using PLS path modeling in new technology research: updated guidelines. Industrial Management & Data Systems, 116(1), 2–20. https://doi.org/10.1108/IMDS-09-2015-0382
Hervas-Oliver, J.-L., Sempere-Ripoll, F., & Boronat-Moll, C. (2014). Process innovation strategy in SMEs, organizational innovation and performance: a misleading debate? Small Business Economics, 43(4), 873–886. https://doi.org/10.1007/s11187-014-9567-3
Hidayat, A. (2018). PLS SEM: Pengukuran Kecocokan Model (Inner dan Outer).
Hidayat, A. W. (2014). Identifikasi Faktor Internal dan Eksternal Penyebab Kegagalan Usaha Pada Industri Tahu di Kelurahan Citeureup Kota Cimahi. Fakultas Ekonomi dan Bisnis Universitas Telkom.
Indris, Sofyan, & Primiana, I. (2015). Internal And External Environment Analysis On The Performance Of Small And Medium Industries (SMEs) In Indonesia. International Journal Of Scientific & Technology Research , 4(04).
Kafchehi, Parviz, Hasani, K., & Gholami, A. (2016). The Relationship between Innovation Orientation and Strategic Typology in Business Firms. International Journal of Knowledge-Based Organizations, 6(2), 1–20.
Kotler, P., & Armstrong, G. (n.d.). . Principle Of Marketing (15th ed.). Pearson Prentice Hall.
Kusuma, P. V. (2015). Analisis Faktor-Faktor Yang Mempengaruhi Kesuksesan Usaha Kecil dan Menengah (Studi Kasus UKM Batik Kota Solo). . Www. Lib.Ui.Ac.Id/Naskahringkas/2015-09/545476-Pratita Vajar Kusuma.
Laosirihongthong, Tritos., Pragojo, D. I., & Adebanjo, D. (2014). The Relationships Between Frm’s Strategy, Resources and Innovation Performance: Resources-Based View Perspective. Production Planning & Control, 25(15), 1231–1246.
Li, Y., & Rama, M. (2015). Firm Dynamics, Productivity Growth, and Job Creation in Developing Countries: The Role of Micro-and Small Enterprises. The World Bank Research Observer, 30(1), 3–38.
López-Ortega, E., Canales-Sanchez, D., Bautista-Godinez, T., & Macias-Herrera. (2016). Classification of Micro, Small and Medium Enterprises (M-SME) Based onTheir Available Levels of Knowledge. Technovation, 47, 59–69.
Mandy, M. K. M. (2012). The Relationship Between Distinctive Capabilities, Innovativeness, Strategy Types And The Performance Of Small And Medium-Size Enterprises (SMEs) Of Malaysian Manufacturing Sector. International Business & Economics Research Journal , 8(11), 21–34.
Omsa, S., Salim, U., Djumahir, & Rahayu, M. (2015). Competitive Strategy Orientation And Company Performance In Selected SMEs Wooden Furniture In Pasuruan City. IJABER, 13(7), 4659–4676.
Putri, A. K. (2016). Pengaruh Orientasi Pasar dan Kapabilitas Unik Terhadap Strategi Bersaing dan Implikasinya pada Kinerja Pemasaran [Disertasi]. Universitas Padjajaran.
Shu-Hung Hsu. (2012). Effects of Competitive Strategy, Knowledge Management and E-Business Adoption on Performance . The Journal of Human Resource and Adult Learning, 8(2), 42–49.
Simonetti. R, Archibugi, D., & Evangelista, R. (1995). Product And Process Innovations: How Are They Defined? How Are They Quantified? Scientometrics , 32(1), 77–89.
Suryatini, Dwi., Primiana, I., Kaltum, U., & Azis, Y. (2017). The Effect Of Relationship And Competitive Strategy On Business Performance Of Rattan Industry In Java. Academy of Strategic Management Journal , 16(3).
Tidd, J., & Bessant, J. (2013). Managing Innovation : Integrating Technological, Market and Organizational Change. (5th ed.). Wiley.
Uchegbulam, P., Akinyele, S., & Ibidunni, A. (2015). Competitive Strategy and Performnace of Selected SMEs in Nigeria . International Conferences on Africa Development Issues (CU-ICADI) 2015. , 326–333.
Wilantara, F. R., & Susilawati. (2016). Strategi dan Kebijakan Pengembangan UMKM : Upaya Meningkatkan Dayasaing UMKM Nasional di Era MEA. PT. Refika Aditama.
Published
2023-07-28
How to Cite
Sembiring, S. I., & Salim, S. (2023, July 28). DOES COMPETITIVE STRATEGY AFFECT MSE’S BUSINESS PERFORMANCE – EVIDENCE FROM LAMPUNG. Jurnal Akuntansi Dan Keuangan (JAK), 28(2), 135-145. https://doi.org/https://doi.org/10.23960/jak.v28i2.1396
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