EKUITAS (Jurnal Ekonomi dan Keuangan)
Vol 9 No 4 (2025): December

THE ROLE OF GREEN PERCEIVED VALUE AND INNOVATION IN SMALL, AND MEDIUM ENTERPRISES COMPETITIVENESS

Nupus, Hayati (Unknown)
Ichwanudin, Wawan (Unknown)
Worasutr, Assas (Unknown)



Article Info

Publish Date
16 Mar 2026

Abstract

This study aims to examine the impact of Green Marketing on Small and Medium Enterprises (SMEs) Competitiveness by investigating the role of Green Perceived Value as a mediator and Green Innovation as a moderator. Using a survey design, quantitative data were collected from 97 owners and managers of SMEs in Serang who implement green practices and analyzed using the SEM-PLS method. The results show that Green Marketing does not have a significant direct impact on SMEs Competitiveness. However, Green Marketing significantly increases consumers' Green Perceived Value, which fully mediates the relationship between Green Marketing and SMEs Competitiveness. This finding emphasizes that the effectiveness of green strategies largely depends on how consumers evaluate and respond to the products. Additionally, Green Innovation acts as a moderator, strengthening the positive impact of Green Perceived Value on SMEs Competitiveness. Therefore, to achieve sustainable competitive advantage, Green Marketing must be integrated with innovations that enhance value in consumers' eyes, thereby delivering greater impact for SMEs.

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Journal Info

Abbrev

ekuitas

Publisher

Subject

Economics, Econometrics & Finance

Description

Diterbitkan oleh Sekolah Tinggi ilmu Ekonomi Indonesia (STIESIA) Surabaya secara berkala (setiap tiga bulan) yaitu setiap Maret, Juni, September, dan Desember, dengan tujuan untuk menyebarluaskan hasil penelitian, pengkajian, dan pengembangan bidang ekonomi dan keuangan, khususnya bidang akuntansi, ...