MUARA EKONOMI : Jurnal Ilmiah Ilmu Ekonomi, Manajemen & Bisnis
Vol. 1 No. 4 (2025): Oktober : Jurnal Ilmiah Ilmu Ekonomi, Manajemen & Bisnis

Peran Inovasi Produk dalam Meningkatkan Keunggulan Kompetitif UMKM

Nur Fitri Ayu Nandini (Universitas Islam Negeri Sultan Syarif Kasim Riau)
Winda Yuniar (Universitas Islam Negeri Sultan Syarif Kasim Riau)
Yulia Novita (Universitas Islam Negeri Sultan Syarif Kasim Riau)
Ristiliana Ristiliana (Universitas Islam Negeri Sultan Syarif Kasim Riau)



Article Info

Publish Date
14 Dec 2025

Abstract

Product innovation plays an important role in helping micro, small, and medium enterprises (MSMEs) enhance their competitive advantage amid increasingly intense competition. Innovation is not limited to the creation of new products but also includes quality improvement, product variation development, packaging design renewal, and the utilization of technology to better meet consumer needs. Through these innovations, MSMEs are able to create competitive advantages in the form of product differentiation, increased value added, and the ability to maintain customer loyalty compared to competitors. In various MSME sectors such as food processing, handicrafts, and beverages, innovation strengthens product identity, enhances attractiveness, and builds positive consumer perceptions that contribute to improved market competitiveness. Meanwhile, MSMEs such as Sugar Souvenir demonstrate that innovation can also generate competitive advantages based on social and environmental values, for example through the use of recycled materials, empowerment of local labor, and collaboration with various partners to expand business networks. Overall, product innovation serves as a key strategy for MSMEs to build sustainable competitive advantage, enabling them to remain relevant, adaptive, and resilient in a constantly changing market

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Journal Info

Abbrev

muanomi

Publisher

Subject

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

Description

MUARA EKONOMI : Jurnal Ilmiah Ilmu Ekonomi, Manajemen & Bisnis berfokus pada penerbitan artikel berkualitas tinggi yang didedikasikan untuk semua aspek penelitian, masalah, dan perkembangan terbaru di bidang Ilmu Ekonomi dan Manajemen. Topik dalam Jurnal ini berkaitan dengan aspek apapun dari ...