Wafa Zakkiyah, Wafa
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THE INFLUENCE OF ORGANIZATIONAL INNOVATION AND DIGITAL TRANSFORMATION ON FIRM PERFORMANCE OF FINANCIAL TECHNOLOGY (FINTECH) COMPANIES IN INDONESIA Wafa Zakkiyah, Wafa
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5670

Abstract

The current industrial environment is changing rapidly, including in Indonesia.When the industrial environment changes rapidly and market competition becomes verytight, dynamic capability is needed to adapt to environmental changes (Teece, Pisano, &Shuen, 1997). When changes in the industrial environment occur, market uncertainty willincrease significantly, and thus, organizational innovation will be influenced by dynamiccapability (Pai & Chang, 2013). Innovation is considered a source of competitiveadvantage for companies that can improve firm performance (Ahuja & Katila, 2001).Firm performance is not only influenced by organizational innovation, but is alsoinfluenced by digital transformation. Fintech has existed in Indonesia for decades, but,in recent years, the fintech industry has succeeded in revolutionizing the way peopleinteract with financial services (AFPI, 2023). Therefore, this research will discuss theinfluence of organizational innovation and digital transformation on the firmperformance of financial technology (fintech) companies in Indonesia.Keywords: dynamic capability, organizational innovation, digital transformation, financial technology