Open Access Indonesia Journal of Social Sciences
Vol. 7 No. 3 (2024): Open Access Indonesia Journal of Social Sciences

The Role of Open Innovation and Intellectual Capital on Business Sustainability: Study of Furniture MSMEs in Banjarmasin, Indonesia

Hamdani Arief (Unknown)
Anisah, Hastin Umi (Unknown)



Article Info

Publish Date
02 Apr 2024

Abstract

Furniture MSMEs in Banjarmasin City face various challenges in achieving business sustainability. This research aims to identify and analyze the influence of open innovation on the sustainability of the MSME furniture business and analyze the influence of intellectual capital on the sustainability of the MSME furniture business. This research used a quantitative method by distributing questionnaires to 50 respondents, namely owners and managers of furniture MSMEs in Banjarmasin City. The sampling technique uses non-probability sampling with purposive sampling. Data analysis used descriptive analysis and PLS-based SEM with SmartPLS4.0. Open innovation (X1) and intellectual capital (X2) have a positive and significant influence on business sustainability (Y). In conclusion, open innovation and intellectual capital are important factors that contribute to the sustainability of the MSME furniture business in Banjarmasin City.

Copyrights © 2024






Journal Info

Abbrev

oaijss

Publisher

Subject

Humanities Social Sciences

Description

OAIJSS invites manuscripts in the various topics including : 1. Public Policy and Administration 2. Sociology 3. Communication Science 4. International ...