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Journal : Keizai

Digitalization’s Role in Strengthening Empowerment and Product Innovation Effects on Business Sustainability: Evidence From Rumah Bumn Jambi Mardiana, Rina; Setiawati, Rike; Wediawati, Besse
Keizai Vol 6, No 2 (2025): September-Februari
Publisher : Universitas Darwan Ali

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56589/keizai.v6i2.525

Abstract

Business sustainability has become a strategic challenge for entrepreneurs in facing dynamic and increasingly competitive market conditions. This study aims to analyze the role of empowerment and product innovation in supporting business sustainability, with digitalization positioned as a moderating variable. The research focuses on Rumah BUMN Jambi, which actively contributes to enterprise development by providing training, mentoring, and facilitating access to markets and digital technologies. A quantitative approach was employed using Structural Equation Modeling (SEM) as the analytical method. Data were collected through surveys of entrepreneurs fostered by Rumah BUMN Jambi. The findings reveal that empowerment has a positive effect on business sustainability, and product innovation also contributes significantly to enhancing sustainability. However, digitalization was found to negatively moderate these relationships, indicating that at certain levels, the application of digital technologies may weaken the positive influence of empowerment and product innovation on business sustainability. These results provide important implications for designing empowerment and innovation strategies that are more adaptive to digital advancements, thereby strengthening resilience and ensuring long-term sustainability.
Impact of Growth Opportunities, FinTech, and Intellectual Capital on Banking Stability: The Mediating Role of Financial Performance Daniela Setiani Hutajulu; Rike Setiawati; Besse Wediawati
Keizai Vol 7, No 1 (2026): Maret-Agustus
Publisher : Universitas Darwan Ali

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56589/keizai.v7i1.535

Abstract

The importance of banking stability as a pillar of national economic resilience cannot be overstated, as any disruption in this sector risks creating systemic impacts on the country's economy. Against this backdrop, this study was conducted to analyze the influence of growth opportunities, financial technology, and intellectual capital on banking stability, positioning financial performance as an intervening variable. The study gathered data from the annual financial reports of 32 banking companies listed on the Indonesia Stock Exchange (IDX) for the 2019–2023 period. Data processing was performed using descriptive statistics and structural equation modeling via the Partial Least Squares (SEM-PLS) method. Based on the analysis, it was found that growth opportunities, financial technology, and intellectual capital each have a positive and significant impact on financial performance. Furthermore, the results demonstrate that growth opportunities, financial technology, intellectual capital, and financial performance directly exert a positive and significant influence on banking stability. These findings also confirm the role of financial performance as a successful mediator in the relationship between growth opportunities, financial technology, intellectual capital, and banking stability. Overall, these results emphasize that enhancing financial performance is a primary strategic pathway for strengthening the stability of the banking sector in Indonesia.