International Journal of Economics, Business and Innovation Research
Vol. 3 No. 04 (2024): July, International Journal of Economics, Business and Innovation Research (IJ

Talent Management Strategies as a Key to Innovation: Exploring Diversity in Yogyakarta's MSMEs

Yunus Agung Kristanto (Universitas Jenderal Soedirman)
Sudarto Sudarto (Jenderal soedirman university)
Najmudin Najmudin (Jenderal Soedirman University)



Article Info

Publish Date
26 Jun 2024

Abstract

Abstract This study explores the crucial role of talent management strategies in fostering innovation within Micro, Small, and Medium Enterprises in Yogyakarta, Indonesia, with a specific focus on diversity as a driving factor. Employing a mixed methods approach, the research highlights the limited awareness among Yogyakarta's MSME actors regarding the significance of talent management and its impact on business innovation, particularly through leveraging diversity. The findings indicate a positive correlation between the implementation of talent management strategies and enhanced business innovation among MSMEs in the Malioboro area of Yogyakarta. Notably, diversity as a mediating variable strengthens the positive relationship between talent management and business innovation. This underscores the urgency for MSMEs to adopt inclusive talent management strategies that value diversity to stimulate innovation and competitiveness.

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Journal Info

Abbrev

IJEBIR

Publisher

Subject

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

Description

International Journal of Economics, Business and Innovation Research (IJEBIR) is a high quality open access peer reviewed research journal. providing a platform for the researchers, academicians, professional, practitioners and students to impart and share knowledge in the form of high quality ...