Medikonis
Vol. 15 No. 2 (2024): Juli 2024

FAKTOR-FAKTOR MODERATING KEUNGGULAN KOMPETITIF UMKM PADA MASA COVID-19

Supriatin, Dyah (Unknown)



Article Info

Publish Date
31 Jul 2024

Abstract

ABSTRACT The economy reaps substantial benefits from the contributions of micro, small, and medium enterprises (MSMEs). Despite their pivotal role in sustaining the national economy during the 2008 global financial crisis, where they generated employment and diversified exports beyond oil and gas, MSMEs in Indonesia have faced their most severe setback with the advent of Covid-19. Navigating through market upheavals now requires the adaptability of MSMEs, given the growing consumer demand for innovative products. The competitiveness and marketing efficacy of MSMEs hinge on their market and entrepreneurial orientations. This research endeavors to ascertain the significant impact of market and entrepreneurial orientations on company performance amid the pandemic, and to what extent these orientations exert influence. A total of 104 MSME participants were involved in the study, with SEM PLS employed as the methodology. The findings underscore that a focus on the market correlates with an increased likelihood of business success. Additionally, a positive relationship exists between competitive advantage and business performance, with no moderation observed in the connections between market orientation, entrepreneurial orientation, and business performance by competitive advantage.

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Journal Info

Abbrev

medikonis

Publisher

Subject

Economics, Econometrics & Finance

Description

Management Science Marketing Financial management Human Resource Management International Business Entrepreneurship Economics Monetary Economics, Finance, and Banking International Economics Public Economics Economic development Regional Economy Accounting Sciences Taxation and Public Sector ...