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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
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Jurnal Inovasi Ekonomi
Published by Universitas Muhammadiyah Malang
ISSN : 24774804     EISSN : 26863804     DOI : https://doi.org/10.22219/jiko.v4i2.9851
Core Subject : Economy, Social,
Economics, Econometrics & Finance Social Sciences
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.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 153 Documents
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Enhancing financial transparency: The impact of siskeudes application in Kediri Regency Mutiara, Nisa
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.v9i01.23466

Abstract

The Village Law (Law Number 6 of 2014) mandates local governments to manage village affairs and funds, leading to the establishment of the Village Fund. This study examines how implementing the Village Financial System (SISKEUDES) application affects transparency and, consequently, the quality of financial reports in Kediri Regency. Using quantitative research with 185 samples from 343 villages, the study finds that SISKEUDES directly improves financial report quality and indirectly through transparency mediation.
Exploring determinants of purchase intent for chinese steel and iron goods in Batam Kesumahati, Erilia; Fernado, Fernado
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.v9i01.23470

Abstract

This study aims to investigate the underlying reasons behind the heightened purchase inclination towards imported Chinese steel and iron products within Batam City. Given that iron and steel products emerged as one of the most extensively imported categories in 2020, they serve as the primary focus of this research. Data collection was conducted through Google Forms, completed by 211 building shop owners or managers. Analysis was carried out utilizing SPSS version 26.0.0, encompassing data quality assessment, classical assumption testing, and multiple linear analysis. The findings reveal that subjective norms and perceived behavioral control significantly and positively influence the purchase intention of Chinese steel and iron products.
Decluttering for enhanced workplace performance: The 5S solution Rizky, Yulfani Akhmad; Khuzaini, Khuzaini; Shadiq, Syahrial
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.v8i02.26916

Abstract

Excessive clutter in the work environment can significantly hinder employee performance. The more items accumulate, the harder it becomes to maintain cleanliness, leading to a dirty and disorganized workspace. According to UCLA's Centre on Everyday Lives and Families, clutter can increase stress levels by elevating cortisol, which the brain interprets as a sign of failure. This stress reduces employees' cognitive abilities, further impacting their performance. Therefore, organizations must address this issue through decluttering. The 5S methodology—Seiri (Sort), Seiton (Set in order), Seiso (Shine), Seiketsu (Standardize), and Shitsuke (Sustain)—is an effective approach for decluttering and improving the work environment. This journal employs a literature review methodology, analyzing relevant sources such as previous journals, books, and articles. The review concludes that 5S is the most practical decluttering method for organizations. Various studies have demonstrated that 5S significantly enhances employee performance. Beyond performance improvements, 5S also boosts overall organizational efficiency, including time, energy, and cost savings.
The impact of financial factors on the disclosure of corporate social responsibility Rizqi, Reza Muhammad; Pratiwi, Aliah
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.v9i02.32134

Abstract

The study empirically investigates the impact of financial factors, including profitability, leverage, and market capitalization, on the disclosure of corporate social responsibility (CSR). The research focuses on state-owned enterprises (SOEs) that are publicly traded on the Indonesia Stock Exchange (IDX) from 2018 to 2022. The population consists of 77 SOEs, and a sample of 30 companies will be drawn using the purposive sampling technique based on specified criteria. Multiple linear regression analysis is employed for data analysis. The findings indicate that profitability, leverage, and market capitalization have a favorable and substantial influence on CSR disclosure. Consequently, this study provides theoretical validation for the application of stakeholder theory and legitimacy theory.
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.
Empowering Local Economies: The Strategic Role of Small and Medium Enterprises in Driving Sustainable Growth Adinda Adinda; Muhammad Akbar Budiman
Jurnal Inovasi Ekonomi Vol. 10 No. 02 (2025): 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.v10i02.36974

Abstract

Small and medium-sized enterprises (SMEs) are widely recognized as important contributors to employment, income generation, and local economic activity, yet the presence of a large SME sector does not necessarily translate into sustained local economic development. This study examines the mechanisms through which SME activity can be transformed into broader local economic outcomes, with particular attention to productive capability and digitalization. Using an integrative literature review, the study synthesizes theoretical and empirical evidence on SME productivity, management practices, innovation, digitalization, access to finance, human capital, and institutional support. The synthesis identifies four key findings. First, SME activity is positively associated with local economic activity, but SME prevalence alone is insufficient to ensure sustained economic development. Second, managerial and organizational capabilities constitute a critical mechanism through which SMEs transform resources into productivity, innovation, and firm growth. Third, digital capability can strengthen this process by improving operational efficiency, innovation, information access, and market reach, although its benefits depend on complementary skills and organizational capabilities. Fourth, finance, human capital, infrastructure, and institutional support condition the extent to which SME capabilities generate broader local economic multipliers. The study therefore argues that SME-led local development should be understood as a capability-mediated process rather than a direct consequence of SME density. The findings contribute to the SME and regional development literature by shifting attention from the quantity of SMEs toward their capacity to generate productive, innovative, digitally enabled, and locally embedded economic activity. The study also highlights the need for SME policies to move beyond firm creation toward integrated capability-building strategies that combine finance, digitalization, skills development, infrastructure, and market access.
Empowering Local Economies: The Strategic Role of Small and Medium Enterprises in Driving Sustainable Growth Adinda, Adinda; Akbar Budiman, Muhammad
Jurnal Inovasi Ekonomi Vol. 10 No. 02 (2025): 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

Abstract

This study aims to analyze the role of Small and Medium Enterprises (SMEs) in promoting local economic growth. Using a literature review approach, this research provides a comprehensive overview of SMEs’ contributions to job creation, income generation, and the enhancement of regional economic competitiveness. The findings indicate that SMEs play a crucial role not only as providers of goods and services but also as key drivers in expanding market access and fostering employment opportunities. However, SMEs face several challenges, including limited access to capital, technological constraints, and inadequate managerial capacity. The study highlights the importance of government support through policy frameworks, financial assistance, and capacity-building programs to strengthen SME performance. Ultimately, this research emphasizes that optimizing the role of SMEs can significantly contribute to sustainable local economic development and inclusive growth.
Disruptive Innovation in muslim fashion: the rise of white label business models in expanding market access Ridwan Ibnu Asikin
Jurnal Inovasi Ekonomi Vol. 10 No. 02 (2025): 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.v10i02.37563

Abstract

The rapid digitalization of the fashion industry has created new opportunities for Muslim fashion entrepreneurship while simultaneously intensifying market competition. This study examines white-label fashion as a business model innovation that can reduce market-entry barriers and reshape value creation in the Muslim fashion industry. Using a qualitative conceptual approach, the study synthesizes literature on disruptive innovation, business model innovation, digital platforms, fashion supply chains, and Muslim fashion consumption, complemented by a Business Model Canvas analysis. The findings indicate that white-label production enables entrepreneurs to access manufacturing capabilities without substantial investment in production infrastructure, while digital platforms expand market access and facilitate rapid market experimentation. However, lower entry barriers may increase competition and create challenges related to product differentiation, quality control, supplier dependence, and consumer trust. The study argues that the disruptive potential of white-label fashion lies not simply in production outsourcing but in the reconfiguration of the fashion value chain, shifting entrepreneurial advantage from production ownership toward brand development, customer relationships, digital engagement, and resource orchestration. The study concludes that white-label fashion can provide an accessible pathway for Muslim fashion entrepreneurship, but its long-term sustainability depends on the ability to transform production flexibility into distinctive, trusted, and culturally meaningful customer value
Disruptive Innovation in Muslim Fashion: The Rise of White Label Business Models in Expanding Market Access Ibnu Asikin, Ridwan
Jurnal Inovasi Ekonomi Vol. 10 No. 02 (2025): 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

Abstract

Disruptive innovation has become an inevitable force shaping modern industries, including the Muslim fashion sector. This study examines the challenges and opportunities arising from the adoption of white label business models in Muslim fashion. The white label concept enables entrepreneurs to establish their own brands without engaging directly in production processes, as manufacturers provide designs, materials, and product development. This model enhances efficiency, reduces operational costs, and lowers entry barriers for new market participants. However, the rapid growth of digital technology and e-commerce also intensifies competition, accelerates changing consumer preferences, and challenges businesses to maintain customer loyalty. At the same time, disruptive innovation creates significant opportunities, such as broader market access, product diversification, and strategic collaborations through digital platforms. From a sharia economic perspective, this model aligns with permissible trade practices, provided it adheres to ethical principles and avoids elements such as fraud and injustice. This study concludes that the white label business model offers a flexible and scalable strategy for entrepreneurs to respond to disruption in the Muslim fashion industry. Success in this sector depends on the ability to balance efficiency in production with strong branding, innovation, and customer engagement in an increasingly competitive digital marketplace.

Page 14 of 16 | Total Record : 153

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