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Contact Name
Mochamad Rofik
Contact Email
mochamadrofik81@gmail.com
Phone
+6285230152549
Journal Mail Official
mochamadrofik81@gmail.com
Editorial Address
Pusat Pengembangan Ekonomi Bisnis dan Kewirausahaan, Fakultas Ekonomi dan Bisnis University Muhammadiyah Malang. Jl. Tlogomas No 246 Malang, Jawa Timur, Indonesia Phone (+62) 341464318 ex 286 Hp: 085230152549
Location
Kota malang,
Jawa timur
INDONESIA
Jurnal Inovasi Ekonomi
ISSN : 24774804     EISSN : 26863804     DOI : https://doi.org/10.22219/jiko.v4i2.9851
Core Subject : Economy, Social,
Jurnal Inovasi Ekonomi (JIKO) has been accredited by the National Journal Accreditation (ARJUNA) Managed by the Ministry of Research, Technology, and Higher Education, Republic of Indonesia, and is currently ranked 4th (Sinta 4). Indexed at Google Scholar and Dimensions. JIKO is an open-access short communication (letter) journal that publishes both theoretical and empirical original papers in all economics and business fields. JIKO emphasizes contributions to the academic and practical world so that JIKO is expected to have a broad impact from policymakers to economic actors ranging from companies, industries to MSMEs. JIKO uses the word "Inovasi" which is the same as Innovation as an answer to the increasingly dynamic and disruptive changes in the economic, business, and technology world. We are also delighted with the multidisciplinary approach. Therefore, we appreciate the novelty and conclusion based on the mature discussion. JIKO only receives article-length, not more than 2500 words, and treat every single manuscript with the double-blind review process.
Articles 6 Documents
Search results for , issue "Vol. 10 No. 01 (2025): April" : 6 Documents clear
Dynamic Capabilities and Growth Performance of MSMEs: Evidence from Nigeria's Federal Capital Territory Ojo, Ayodeji Olusegun
Jurnal Inovasi Ekonomi Vol. 10 No. 01 (2025): April
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jiko.v10i01.28710

Abstract

This study investigates the effect of dynamic capability on the growth performance of selected MSMEs in Nigeria. Innovative capability and sensing capability were used as proxies for dynamic capability, while growth size served as the proxy for performance. The total population consisted of 2,825 MSMEs operating in the Federal Capital Territory of Nigeria, and a sample size of 350 was determined using Taro Yamane’s (1967) formula. Structured questionnaires were used for data collection and distributed to MSME operators in Abuja. Based on the regression model, the study reveals a significant relationship between dynamic capability variables (innovative capability and sensing capability) and the growth performance of MSMEs. Therefore, it is recommended that organizations focus on enhancing their dynamic capabilities to revitalize and develop both themselves and their employees in order to adapt to changing environments. Additionally, the study suggests that SME managers should harmonize their procedures for market sensing and innovation capability to consistently improve growth performance.
Dynamic Capabilities and Growth Performance of MSMEs: Evidence from Nigeria's Federal Capital Territory Ojo, Ayodeji Olusegun
Jurnal Inovasi Ekonomi Vol. 10 No. 01 (2025): April
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jiko.v10i01.28710

Abstract

This study investigates the effect of dynamic capability on the growth performance of selected MSMEs in Nigeria. Innovative capability and sensing capability were used as proxies for dynamic capability, while growth size served as the proxy for performance. The total population consisted of 2,825 MSMEs operating in the Federal Capital Territory of Nigeria, and a sample size of 350 was determined using Taro Yamane’s (1967) formula. Structured questionnaires were used for data collection and distributed to MSME operators in Abuja. Based on the regression model, the study reveals a significant relationship between dynamic capability variables (innovative capability and sensing capability) and the growth performance of MSMEs. Therefore, it is recommended that organizations focus on enhancing their dynamic capabilities to revitalize and develop both themselves and their employees in order to adapt to changing environments. Additionally, the study suggests that SME managers should harmonize their procedures for market sensing and innovation capability to consistently improve growth performance.
Unmasking the Hidden Hero: Strengthening North Sumatra’s Iconic Commodities through Financial Services Sitohang, Gresia Septina; Oktania, Ainur; Manihuruk, Frido Evindey
Jurnal Inovasi Ekonomi Vol. 10 No. 01 (2025): April
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jiko.v10i01.39049

Abstract

This study reveals the fascinating story behind North Sumatra's iconic commodities and how the financial services sector can act as a hidden hero to strengthen their development. Through multiple regression analysis on rubber, arabica coffee, and palm oil production data as well as the 2010-2023 agricultural sector GRDP obtained from the North Sumatra Central Bureau of Statistics, it was found that arabica coffee and rubber significantly boosted regional economic growth, while the potential of palm oil has not been maximized. Like a masked hero, the financial services sector, which includes banks, micro institutions, and fintech, has the ability to provide “superpowers” for North Sumatra's leading commodities. By providing effective access to finance, they can help improve the productivity, quality, and competitiveness of these iconic products. This research proposes smart policy recommendations to strengthen the synergy between the financial services sector and commodity development, bringing North Sumatra towards more inclusive and sustainable economic growth.
Unmasking the Hidden Hero: Strengthening North Sumatra’s Iconic Commodities through Financial Services Sitohang, Gresia Septina; Oktania, Ainur; Manihuruk, Frido Evindey
Jurnal Inovasi Ekonomi Vol. 10 No. 01 (2025): April
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jiko.v10i01.39049

Abstract

This study reveals the fascinating story behind North Sumatra's iconic commodities and how the financial services sector can act as a hidden hero to strengthen their development. Through multiple regression analysis on rubber, arabica coffee, and palm oil production data as well as the 2010-2023 agricultural sector GRDP obtained from the North Sumatra Central Bureau of Statistics, it was found that arabica coffee and rubber significantly boosted regional economic growth, while the potential of palm oil has not been maximized. Like a masked hero, the financial services sector, which includes banks, micro institutions, and fintech, has the ability to provide “superpowers” for North Sumatra's leading commodities. By providing effective access to finance, they can help improve the productivity, quality, and competitiveness of these iconic products. This research proposes smart policy recommendations to strengthen the synergy between the financial services sector and commodity development, bringing North Sumatra towards more inclusive and sustainable economic growth.
Green Economy: Opportunities and Challenges for the Renewable Energy Sector in Indonesia Dakhi, Hermanfland; Hukom, Alexandra; Perwira Ompusunggu, Dicky
Jurnal Inovasi Ekonomi Vol. 10 No. 01 (2025): April
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jiko.v10i01.40224

Abstract

This research explores the opportunities and challenges of the renewable energy sector—specifically geothermal, wind, bioenergy, and solar—in supporting the green economy in Indonesia. The study examines Indonesia’s commitment to the Enhanced Nationally Determined Contributions (ENDC) to reduce greenhouse gas emissions by 31.89% through domestic efforts and 43.2% with international assistance by 2030. A normative economic research approach, based on secondary data analysis, is used to evaluate existing energy policies, such as the Domestic Market Obligation (DMO), and their impact on economic growth and the environment. Findings indicate that innovation in the renewable energy sector not only enhances efficiency and productivity but also mitigates environmental harm. However, significant barriers to implementation remain. As domestic energy demand continues to rise due to economic and population growth, sustainable and innovative solutions are essential to ensuring inclusive and environmentally friendly economic development.
Green Economy: Opportunities and Challenges for the Renewable Energy Sector in Indonesia Dakhi, Hermanfland; Hukom, Alexandra; Perwira Ompusunggu, Dicky
Jurnal Inovasi Ekonomi Vol. 10 No. 01 (2025): April
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jiko.v10i01.40224

Abstract

This research explores the opportunities and challenges of the renewable energy sector—specifically geothermal, wind, bioenergy, and solar—in supporting the green economy in Indonesia. The study examines Indonesia’s commitment to the Enhanced Nationally Determined Contributions (ENDC) to reduce greenhouse gas emissions by 31.89% through domestic efforts and 43.2% with international assistance by 2030. A normative economic research approach, based on secondary data analysis, is used to evaluate existing energy policies, such as the Domestic Market Obligation (DMO), and their impact on economic growth and the environment. Findings indicate that innovation in the renewable energy sector not only enhances efficiency and productivity but also mitigates environmental harm. However, significant barriers to implementation remain. As domestic energy demand continues to rise due to economic and population growth, sustainable and innovative solutions are essential to ensuring inclusive and environmentally friendly economic development.

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