cover
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 134 Documents
Sectoral base and role of banking credit on growth: Evidence from Indonesia Mochamad Rofik; Maria Magdalena Golec
Jurnal Inovasi Ekonomi Vol. 8 No. 01 (2023): 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.v8i01.22939

Abstract

This study investigates the nexus of bank credit and economic growth in Indonesia, reveals the sectoral base by individual intercept, and asses too much financing through the financial deepening ratio. Exploring data from 14 sectoral economics in the 2011-2020 annual period and tackling the research objectives by applying panel regression of the fix effect model, the result shows that bank credit drives economic growth; six sectors had positive intercepted, and the rest were negative. Meanwhile, the financial deepening coefficient indicates too much financing phenomenon; therefore, elective bank credit needs to escalate
Curriculum reform in Brazilian secondary education: Creating global citizens Murillo de Oliveira Dias
Jurnal Inovasi Ekonomi Vol. 8 No. 01 (2023): 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.v8i01.24226

Abstract

Teaching people how to read, write, and count in a globalized and multicultural society is no longer sufficient. Skills like respecting one another, combating racism, prejudice, and intolerance, and learning to address local and global problems have become critical. UNESCO's Global Citizenship Education (GECD) initiative has faced criticisms for promoting secular values over religious ones and being too individualistic at times. Therefore, this article proposes improvements to GECD, including the introduction of new knowledge areas such as Negotiation, Social Justice, Brazilian and Global Culture, Values and Perceptions, Brazilian and Global Institutions, Conflict Resolution, Respect, and Tolerance. The objective is two-fold: to reform the GECD curriculum by presenting a new course on Global Education and Citizenship adapted to the Brazilian educational context and to reform the Brazilian National Common Core Curriculum (BNCC) for secondary education.
From spirituality to innovation: How spiritual leadership drives mosque management innovation Thoha, Ahmad Faiz Khudlari; Hidayat, Hidayat; Mauludi, Mauludi
Jurnal Inovasi Ekonomi Vol. 9 No. 02 (2024): October
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.v9i02.25671

Abstract

In recent years, there has been increased acknowledgment of spirituality in the workplace and its potential influence on organizational outcomes, including creative work behavior. This study examines the impact of spiritual leadership on driving innovative work behavior within mosque management teams in Surabaya, with a specific focus on the mediating role of spiritual well-being. Survey data from 106 team members were analyzed using Structural Equation Modeling (SEM), revealing that spiritual leadership positively influences creative work behavior, with spiritual well-being partially mediating this relationship. This research contributes to the existing literature on the intersection of spirituality and innovation by investigating how spiritual leadership fosters an innovative culture within mosque administration. Furthermore, it extends the application of spiritual leadership theory to religious non-profit organizations, an area that has remained unexplored. The findings have practical implications for mosque leaders and managers seeking to promote innovation within their organizations by emphasizing spiritual leadership and well-being to enhance their teams' innovation capabilities.
The effect of economic growth and labor force on unemployment Lestari, Repi
Jurnal Inovasi Ekonomi Vol. 8 No. 02 (2023): October
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.v8i02.19854

Abstract

The aim of this study was to analyze the impact of economic growth and the labor force on unemployment in Langsa City, Indonesia. Employing a quantitative approach, the study utilized secondary data spanning a ten-year observation period from 2011 to 2020. The analytical method employed was multiple linear regression analysis conducted using EViews10 software. The findings of this study reveal that economic growth has an insignificant effect on unemployment in Langsa City. Conversely, the labor force demonstrates a significant impact on unemployment within the city. Furthermore, the results of the F-test indicate that both economic growth and the labor force collectively influence unemployment in Langsa City.
The influence of marketing mix on purchase decisions Akhmalia, Dina Garnida
Jurnal Inovasi Ekonomi Vol. 8 No. 02 (2023): October
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.v8i02.21313

Abstract

This study investigates the impact of the marketing mix—product, price, place, and promotion—on purchasing decisions at Warung Ketan Susu Tasikmalaya. Using a quantitative approach, data from 100 consumers were analyzed through multiple linear regression. Results show that product quality positively influences purchases, while higher prices deter them. Location convenience and effective promotions also play significant roles. These findings offer actionable insights for enhancing business strategies and driving sales in competitive markets.
Assessing the impact of the creative economy approach on economic growth: A case study of Pedekik Village Ahmad, Kharisma; Nurlaila Putri, Silvi Alya; Nabawi, Putri Sani; Wahyuni, Annisa Sri; Nurhasanah, Elis
Jurnal Inovasi Ekonomi Vol. 9 No. 01 (2024): 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.v9i01.21386

Abstract

This study aims to assess the impact of the creative economy approach on economic growth. However, the hypothesis testing results indicate that the influence of the creative economy on economic growth is not significant. This finding is supported by the results of simple linear regression analysis, which suggest a weak correlation between the creative economy and economic growth. It appears that the creative economy sector in the village of Pedekik lacks sufficient innovation, creativity, and novel inventions to effectively compete with evolving market trends. While it is believed that over time, the creative economy may gradually supplant commodities and natural resources as key contributors to the Indonesian economy, this study's findings do not support a direct influence of the creative economy on economic growth.
Financial sector development and economic growth in Nigeria Adekunle, Oludayo Elijah; Yetunde Tonia, Akindutire
Jurnal Inovasi Ekonomi Vol. 9 No. 01 (2024): 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.v9i02.22537

Abstract

This study employs the Autoregressive Distributed Lag technique (ARDL) to investigate the impact of financial sector development on economic growth in Nigeria, considering previously overlooked variables. The findings from the Bound Co-integration Test indicate a long-run relationship between financial sector development and economic growth. Specifically, credit to the core private sector, market capitalization, total savings, and monetary policy rate are identified as drivers of economic growth, while credit to the government hampers growth. The study concludes that financial sector development facilitates economic growth by mobilizing and channeling financial resources effectively to the core private sector. To further promote economic growth, the study recommends the formulation of effective policies to enhance capital market activities in mobilizing long-term idle funds. Additionally, the government should ensure the judicious utilization of credit provided by the financial sector. This study contributes to existing research by reaffirming the influence of financial development on economic growth and considering crucial variables such as credit to the core sector, credit to the government, and monetary policy rate.
The dynamics of perception and trust in decision-making among MSMEs: Insights from Islamic banking financing Deswara, Nida Indika
Jurnal Inovasi Ekonomi Vol. 8 No. 02 (2023): October
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.v8i02.23131

Abstract

This study aims to investigate the impact of perception and trust on MSMEs' decisions regarding Islamic bank financing. Data were collected from 87 MSMEs in Ngaliyan District, Semarang, through surveys and questionnaires. Using a quantitative approach, the data were analyzed with IBM SPSS Statistics Version 24, employing multiple regression analysis. Surprisingly, the results show that neither perception nor trust significantly influences MSME entrepreneurs' decisions. Instead, factors like convenience and efficiency play a more critical role. The study emphasizes the need to streamline processes and improve accessibility to better serve MSMEs.
Non-cash transactions and the money supply Rahmadani, Shinta Ainur; Pratama, Aprika Wanti; Yunita, Nurma; Panorama, Maya
Jurnal Inovasi Ekonomi Vol. 8 No. 02 (2023): October
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.v8i02.23388

Abstract

This study examines the impact of non-cash transactions and electronic money (emoney) on the amount of money in circulation (M1) in Indonesia. Utilizing a quantitative approach and an associative research design, the analysis draws on secondary data from monthly time series publications by Bank Indonesia and the Central Statistics Agency, spanning from 2019 to 2021. The independent variables include the nominal values of debit card transactions (X1), credit card transactions (X2), and e-money transactions (X3), all measured in billions of rupiah. The regression results reveal no immediate linear effect of debit card transactions on the money supply, while credit card transactions show a slight negative impact. In contrast, emoney transactions exhibit a significant positive relationship with the money supply, indicating their substantial role in expanding monetary aggregates. These findings offer insights into the interplay between different transaction types and their influence on the money supply, providing a basis for policymakers and financial analysts to develop strategies for managing and regulating monetary dynamics effectively. Further research is recommended to explore the mechanisms driving these relationships and their broader implications for monetary policy and financial stability.
Maximizing economic potential and sustainability: Replanting waste management in West Kalimantan's oil palm plantations Rosyadi, Rosyadi
Jurnal Inovasi Ekonomi Vol. 9 No. 01 (2024): 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.v9i01.23410

Abstract

Oil palm plantations in West Kalimantan cover the largest land area and yield considerable output. While palm oil is the primary product, these plantations also generate by-products, such as production waste, posing environmental risks. Consequently, replanting initiatives are undertaken to mitigate ecological impacts. However, independent replanting efforts still generate significant waste, including oil palm trunks and other biomass with substantial economic potential. Hence, it is crucial to estimate the potential waste from replanting activities and assess the economic benefits achievable through waste processing. Estimations reveal that annually, processing replanting waste into wood pellets could yield an economic value of IDR 125,376,725,586.59 for independent plantations, while maintaining carbon neutrality.