Journal of Business Management and Economic Development
Том 4 № 02 (2026): Journal of Business Management and Economic Development

Implementation of Business Sustainability, Capital Strengthening for MSMEs within Regional Development

Yansen, Albert (Unknown)
Situmorang, Dokman Marulitua (Unknown)



Article Info

Publish Date
14 May 2026

Abstract

This study aims to analyze the impact of intellectual capital dimensions—specifically human capital, structural capital, and relational capital—and innovation behavior on the business sustainability of Micro, Small, and Medium Enterprises (MSMEs) in Batam City. The research employs a quantitative explanatory approach, using Partial Least Squares–Structural Equation Modeling (PLS-SEM) to test the structural relationships among variables. Data were collected from 150 MSME owners through a structured questionnaire administered via purposive sampling. The findings reveal that human capital, relational capital, and structural capital significantly and positively influence business sustainability. Furthermore, innovative behavior is identified as a critical driver that strengthens long-term business resilience in a competitive regional development context. This study contributes to the literature on strategic management by providing an integrated model of intellectual capital and innovation for small businesses. In practice, the results offer a strategic framework for policymakers and MSME practitioners to prioritize intangible asset management as a core approach to regional economic sustainability.

Copyrights © 2026






Journal Info

Abbrev

jbmed

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences Other

Description

Journal of Business Management and Economic Development (JBMED) is an international academic open-access journal that has gained a foothold in Indonesia, Asia and is open to the world. It aims to promote the integration of trade, economics, and finance. The focus is to publish papers on ...