International Journal of Economy, Education and Entrepreneurship (IJE3)
Vol. 4 No. 3 (2024): International Journal of Economy, Education and Entrepreneurship

PRODUCT INNOVATION IN IMPROVING COOPERATIVE PERFORMANCE

Zuhriyah, Nur Azizah (Unknown)



Article Info

Publish Date
30 Dec 2024

Abstract

Study This aiming For analyze influence innovation product to performance cooperative . In environment growing business​ competitive , cooperative sued For Keep going innovate to be able to survive and thrive . Research This use method quantitative with Partial Least Square (PLS) approach to analyze connection between innovation products and performance cooperatives . Research results show that innovation product influential significant to performance cooperative with contribution by 46.7%, with a t-statistic of 3.726 which is greater than big from standard 1.96 and p-value 0.000, which indicates strong relationship​ between second variables . Findings This confirm that active cooperative​ in do innovation , good from aspect quality , design , and Variants product , capable increase satisfaction members and power compete in the market. However , the challenges main in implementation innovation is lack of source Power competent human resources , difficulties in implementation of ideas, as well as low courage in take risk . Therefore that , cooperative need increase human resources capacity , utilizing digital technology , as well as build synergy with various stakeholders interests.With the right innovation strategy , cooperatives can develop more good , improve welfare members , as well as contribute more big in economy national

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Journal Info

Abbrev

home

Publisher

Subject

Economics, Econometrics & Finance Education Other

Description

International Journal of Economy, Education and Entrepreneurship (IJE3) is a peer-refereed open-access international journal which has been established for the dissemination of state-of-the-art knowledge in the field of Economy and Education. Starting from 2021, IJE3 would be published Three times ...