Journal of Comprehensive Science
Vol. 3 No. 12 (2024): Journal of Comprehensive Science (JCS)

Innovation in Entrepreneurship and Its Role in Promoting Sustainable Economic Growth

Sugiarti, Rita (Unknown)
Elmiwati, Elmiwati (Unknown)



Article Info

Publish Date
27 Dec 2024

Abstract

This research explores the role of entrepreneurial innovation in supporting sustainable economic growth by using a questionnaire that has been tested for validity and reliability. The validity test results show that all 16 items have a correlation coefficient above 0.60, while the reliability test using Cronbach's Alpha yields a value of 0.9, indicating high consistency of the research instrument. Descriptive statistical analysis from 25 respondents shows a positive view towards innovation, with average responses ranging from 3.2 to 4.5 and a median of 4.0. This research also compares the results with three previous studies: by Fajri (2021), Bhegawati et al. (2022), and Santhi & Affandi (2020), which assert that entrepreneurial innovation not only contributes to improving the financial performance of SMEs but also serves as a driving force for economic growth through job creation and productivity enhancement. These findings highlight the importance of innovation in creating a sustainable and mutually beneficial entrepreneurial ecosystem. Therefore, focusing on innovation in entrepreneurship is essential to achieve sustainable economic growth, demonstrating a close relationship between innovation and its positive impact on the economy as a whole. This study provides important insights for SMEs and policymakers in developing strategies that support innovation for better economic growth.

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Journal Info

Abbrev

jcs

Publisher

Subject

Computer Science & IT Economics, Econometrics & Finance Electrical & Electronics Engineering Languange, Linguistic, Communication & Media Library & Information Science

Description

This journal publishes research articles covering multidisciplinary sciences, which includes: Humanities and social sciences, contemporary political science, Educational sciences, religious sciences and philosophy, economics, Engineering sciences, Health sciences, medical sciences, design arts ...