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Journal of Innovation in Business and Economics
Published by Universitas Muhammadiyah Malang
ISSN : 25809431     EISSN : 25812025     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
The Journal of Innovation in Business and Economics (JIBE) is published by the Department of Economics and Business at University of Muhammadiyah Malang in 2017. Previously this journal was known as Jurnal Media Ekonomi that was initially published in 2000. In 2011 until 2016, this journal was renamed as Ekonomika Bisnis: Jurnal Penelitian dan Pemikiran. JIBE is a generalist; academic review covering all fields of business, management, accounting, and economics. The journal seeks to examine the emerging and state of the art future innovations in business, economics and management made possible by advances in information, communication, and technologies. We welcome contributions covering all fields of business innovations including, but not limited to information, communication and technologies applications in business, cost and revenue model, business ethics, business strategy, applications of innovation in business and management, entrepreneurship & innovation, information systems, international business & cross-cultural studies, marketing, organization studies, general management as well as micro and macro economics.
Arjuna Subject : -
Articles 263 Documents
 22   23   24   25   26 
The influence of social media marketing, brand image, and perceived value on consumer purchase intention Margaretha Ardhanari; Sebastiana Viphindrartin
Journal of Innovation in Business and Economics Vol. 10 No. 01 (2026): Journal of Innovation in Business and Economics
Publisher : Faculty of Economics and Business, University of Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jibe.v10i01.42385

Abstract

This study examines the influence of social media marketing on purchase intention, with brand image and perceived value as mediating variables. Grounded in Uses and Gratifications Theory and Signaling Theory, the research adopts a quantitative approach using PLS-SEM on data collected from 150 Indonesian social media users. The results show that social media marketing significantly affects brand image and purchase intention, both directly and indirectly through perceived value. Perceived value emerges as the strongest predictor of purchase intention, followed by brand image. These findings highlight the strategic role of social media engagement in building reputational capital and enhancing consumer value perception. The study provides managerial implications for optimizing digital marketing strategies through trust-building, influencer engagement, and value creation in emerging markets.
The psychology of willingness to pay: How self-expressive brand and fomo drive consumer behavior Zulia Khairani; Nofrizal Nofrizal
Journal of Innovation in Business and Economics Vol. 9 No. 02 B (2025): Journal of Innovation in Business and Economics
Publisher : Faculty of Economics and Business, University of Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jibe.v9i02.29261

Abstract

The purpose of this study is to prove that there are other factors that drive consumer behavior willing to pay for luxury smartphone products such as the iPhone series in developing countries, although in developed countries these products are commonplace. This study examines the role of self-expressive brand and FOMO in driving willingness to pay and the mediation of FOMO between self-expressive brand and willingness to pay for iPhone series which has never been tested before. The survey was conducted on 243 iPhone consumers. Data collection was done through google forms distributed on social media. Data analysis using the SmartPLS 3 software application was used to conduct structural equation modeling (SEM). The results showed that self-expressive brands and FOMO can encourage consumers to be willing to pay for iPhone series. In addition, FOMO can mediate a self-expressive brand with willingness to pay.
Relevant financial distress model for health, technology, transportation, and tourism sectors in the era of Covid-19 Edi Edi; Natalis Christian; Ruby Shafira
Journal of Innovation in Business and Economics Vol. 8 No. 02 (2024): Journal of Innovation in Business and Economics
Publisher : Faculty of Economics and Business, University of Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jibe.v8i02.29354

Abstract

This research aims to determine the models that are still relevant in predicting financial distress and rank the models from the most to least relevant. The models being compared in this research are Altman, CA-Score, Fulmer, Grover, Ohlson, Springate, Zavgren, and Zmijewski, which are the models for predicting financial distress. The novelty of this research is that it can define the Springate model as the most effective to date, while the Zavgren model is no longer relevant in predicting financial distress. The data sample of this research are companies from the health, technology, transportation, and tourism sectors that were listed on the Indonesia Stock Exchange (IDX) between 2018 and 2021. This research was conducted using purposive sampling to select the research sample. It used the SPSS program to conduct the Spearman Rank Correlation test to measure the correlation between each variable and financial distress. The results of this study show that the Zavgren model is irrelevant due to uncorrelated ratios built within the model. In contrast, Springate, Grover, Fulmer, CA-Score, and Altman models are still relevant in predicting financial distress, and the ratios in those models correlate primarily. These research results will be helpful to the firm’s management and potential
Korean Wave and Sharing Idol Goods in Indonesia Adi Teguh Suprapto; Agung Sudjatmoko; Meiny Meiny; Verren Veronica; Regita Cynthia Wijaya
Journal of Innovation in Business and Economics Vol. 9 No. 01 B (2025): Journal of Innovation in Business and Economics
Publisher : Faculty of Economics and Business, University of Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jibe.v9i01.31986

Abstract

This study examined the impact of the Korean wave, brand ambassadors, and sharing idol goods on purchase intention within the autobase@dagangkorea Twitter community. Analyzing data from 100 respondents through a quantitative research approach, the findings indicate that the Korean wave alone did not significantly influence purchase intention. However, brand ambassadors and the sharing of idol goods both demonstrated positive and significant effects on purchase intention. Notably, when considered together, these factors collectively exerted a positive and significant influence on purchase intention. This suggests that, in this specific Twitter community, brand ambassadors and the exchange of idol goods are crucial in shaping purchase decisions, while the broader cultural influence of the Korean wave may not directly impact buying choices.
The trade openness puzzle: insights into economic growth dynamics in ASEAN+3 economies Nora Ria Retnasih
Journal of Innovation in Business and Economics Vol. 10 No. 01 (2026): Journal of Innovation in Business and Economics
Publisher : Faculty of Economics and Business, University of Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jibe.v10i01.32952

Abstract

This study aims to analyze the relationship between economic openness, as measured by trade index, import, export, gross capital formation, and economic growth, in the ASEAN+3 region during the period 2012-2022 using the Panel Vector Autoregression (PVAR) model. The results show that Gross Domestic Product (GDP) is significantly influenced by trade index, export, and import. In addition, exports are influenced by the trade and import index, while imports are influenced by the trade and export index. Gross capital formation is also found to have a significant effect on GDP, trade index, import, and export. However, this variable does not provide a causal effect on other variables in the model. These findings underline the strategic role of economic openness, especially international trade, in driving economic growth in the ASEAN+3 region. This study provides important insights into regional economic dynamics while emphasizing the importance of policies that support economic openness to strengthen regional economic integration and sustainable growth.
Product innovation and business sustainability of MSMEs: The role of competitive advantage and gender Hunik Sri Runing Sawitri; Asri Laksmi Riani; Suryandari Istiqomah; Anastasia Riani Suprapti; Intan Novela Qurrotul Aini; Mugi Harsono
Journal of Innovation in Business and Economics Vol. 10 No. 01 (2026): Journal of Innovation in Business and Economics
Publisher : Faculty of Economics and Business, University of Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jibe.v10i01.33232

Abstract

This study investigates how product innovation influences the business sustainability of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia, considering competitive advantage as a mediating variable and gender as a moderating variable. Drawing on the Resource-Based View (RBV), the study posits that innovation acts as a strategic internal capability that strengthens competitive advantage and long-term business survival. Data were collected from 91 MSME owners in the Solo Raya region through online and offline surveys and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The results reveal that product innovation significantly enhances competitive advantage and business sustainability. Competitive advantage also directly and indirectly contributes to sustainability, confirming its mediating role in the innovation–sustainability relationship. However, gender does not moderate this relationship, indicating that innovative capability and sustainability outcomes are not inherently gendered. These findings highlight the importance of continuous innovation and strategic differentiation for MSME resilience in volatile post-pandemic markets, while emphasizing the need for inclusive policies to ensure equal access to innovation resources for all entrepreneurs.
Analyzing the use of quick response (QR) payment: Impulsive purchase as a behavioral finance effect Budi Rustandi Kartawinata; Aldi Akbar
Journal of Innovation in Business and Economics Vol. 9 No. 02 (2025): Journal of Innovation in Business and Economics
Publisher : Faculty of Economics and Business, University of Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jibe.v9i01.34486

Abstract

This study examines the widespread use of quick response (QR) or barcode payments in Indonesian society, focusing on their impact on impulsive buying behavior. As mobile payment methods become increasingly prevalent, understanding their influence on consumer behavior—particularly impulsive purchasing—has become increasingly important. This research employs a quantitative approach, incorporating surveys and consumer interviews. The findings indicate that consumers who use QR payments are more likely to engage in impulsive spending. Additionally, the availability of QR payment options is identified as a significant factor influencing impulsive buying behavior. Furthermore, the accessibility features of QR payment systems are found to have a substantial impact on impulsive purchase decisions.
The role of green human resource management and green innovation in enhancing environmental performance Mentari Clara Dewanti; Daisy Marthina Rosyanti; Fani Khoirotunnisa
Journal of Innovation in Business and Economics Vol. 9 No. 01 B (2025): Journal of Innovation in Business and Economics
Publisher : Faculty of Economics and Business, University of Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jibe.v9i02.34751

Abstract

This study explores the impact of Green Human Resource Management (GHRM) and Green Innovation on environmental performance within the hospitality industry, with a particular focus on the moderating roles of Green Creativity and Green Transformational Leadership (GTL). The research sample comprises 85 hospitality employees from East Java, selected through purposive sampling. Data collection was conducted via both online and offline questionnaires, and the analysis was performed using SmartPLS 4. Findings indicate that the success of environmentally friendly practices in the hospitality sector depends significantly on employees’ contributions through Green Innovation and Green Creativity. Consequently, it is crucial for organizational leaders to cultivate a supportive work environment by implementing HR practices aligned with sustainability objectives, thereby fostering higher employee engagement in green initiatives.
The role of trust in shaping successor commitment in family businesses Teddy Saputra; Burhan Bungin; Thomas S Kaihatu
Journal of Innovation in Business and Economics Vol. 9 No. 02 B (2025): Journal of Innovation in Business and Economics
Publisher : Faculty of Economics and Business, University of Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jibe.v9i01.34877

Abstract

This study investigates the relationship between trust and commitment between predecessor and successor generations in family businesses. Using a survey of 203 successors, the research examines how different dimensions of trust—affect-based, cognition-based, and interpersonal—shape successor commitment. The findings reveal that only affect-based trust significantly influences all forms of successor commitment, including affective, normative, calculative, and imperative commitment. In contrast, cognition-based trust and interpersonal trust do not exhibit a significant impact. These results suggest that emotional validation and recognition from the predecessor generation play a critical role in fostering successor commitment. Managing intergenerational trust—particularly affect-based trust—effectively can enhance successor engagement and support the long-term continuity of family businesses.
Key creative industry analysis using input-output approach Efriyani Sumastuti; Ika Indriasari
Journal of Innovation in Business and Economics Vol. 9 No. 02 (2025): Journal of Innovation in Business and Economics
Publisher : Faculty of Economics and Business, University of Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jibe.v9i01.35377

Abstract

This study examines the impact of GoFood, a culinary delivery service, on various economic sectors in Indonesia, with a particular focus on empowering micro, small, and medium enterprises (MSMEs). The rise of the sharing economy, driven by digital platforms such as GoFood, has significantly reshaped traditional business models. Employing an input-output analysis, this research assesses GoFood’s influence on economic growth and sectoral interdependencies. Data from the Creative Economy Agency's input-output table, developed in collaboration with BPS, were used to analyze economic linkages and demand structures. The results show that intermediate demand is primarily driven by the mining, coal, and oil and gas sectors, while final demand is dominated by the construction sector. The food and beverage industry emerges as a strategic sector. Strengthening this industry—supported by platforms like GoFood—can play a crucial role in boosting economic growth and enhancing inter-sectoral connectivity. These findings highlight the importance of multi-stakeholder collaboration to maximize the culinary sector’s contribution to the national economy.

Page 24 of 27 | Total Record : 263

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