Quantitative Economics and Management Studies
Vol. 4 No. 1 (2023)

Analysis of The Factors That Influence The Competitive Advantage of SMEs in The City of Bandung

Uce Karna Suganda (Faculty of Economic and Business, Universitas Widyatama Jl. Cikutra No. 204A, Bandung 40125, Indonesia)
Nanang Rohman (Faculty of Economic and Business, Universitas Widyatama Jl. Cikutra No. 204A, Bandung 40125, Indonesia)



Article Info

Publish Date
01 Jan 2023

Abstract

This study intends to examine how product innovation and market orientation affect competitive advantage. The focus of this study is on SMEs producing textiles in Bandung. The phrasing of the research question is how market orientation and product innovation impact competitive advantage both separately and concurrently. 50 questionnaires were given using the quota sampling technique to SMEs in the textile industry in Bandung for the purpose of this study. Descriptive and verification research methodologies were employed as the research methodology in this study. Multiple linear regression was employed in the data analysis process. The Statistical Package for Social Science (SPSS) version 22.0 is the data analysis program used. The data analysis results demonstrate that the study hypothesis is verifiable. The finding is that market focus and product innovation significantly and favorably affect competitive advantage. Competitive advantage is positively and significantly impacted by market orientation and positively and significantly impacted by product innovation.

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Journal Info

Abbrev

qems

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Mathematics

Description

Journal of Quantitative Economics and Management Studies (QEMS) is an international peer-reviewed open-access journal dedicated to interchange for the results of high-quality research in all aspects of economics, management, business, finance, marketing, accounting. The journal publishes ...