Jurnal Inovasi Ekonomi
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
Why does Gojek fail to maintain the Top Brand Award?
Maaz Ud Din;
Ana Kadarningsih;
Nenny Ariani
Jurnal Inovasi Ekonomi Vol. 5 No. 03 (2020): Regular Issue
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang
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DOI: 10.22219/jiko.v5i03.11343
This study aims to understand the factors that cause Gojek to fail to maintain the Top Brand Award status. To answer the research objectives, the study build a conceptual framework with brand images as a mediating variable of service quality, product, promotion, and price on purchasing decisions. The research sample was 100 respondents. Test of research instruments using factor analysis for validity, and Cronbach Alpha for reliability and use multiple linear regression for data analysis. The result of this study found that the failure of Gojek to maintain the status of the Top Brand Award was caused by the company's lack of strengthening the driving variables. The statement is based on the finding that only price having a significant positive effect on brand images, while service quality, product, and promotion are not significant. The result makes the total impact of exogenous variables less optimal in increasing purchasing decisions.
The effect of working capital turnover and receivables turnover of return on equity: A case study from cooperative
Muhammad Yamin;
Aliah Pratiwi
Jurnal Inovasi Ekonomi Vol. 5 No. 01 (2020): Regular Issue
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang
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DOI: 10.22219/jiko.v5i01.11352
The research aims to determine the influence of working capital turnover, receivables turnover on return on equity (ROE) at Koperasi Pegawai Negeri (KPN) "Kasabua Ade" Bima city, Indonesia. This type of research in the study uses quantitative research with purposive sampling with a 10-year sample collection and data analysis techniques using multiple regression analyses. The results showed that: 1) a partial working capital turnover level has no significant effect on ROE; 2) the receivables turnover has been partially significant to the ROE; 3) working capital turnover and receivables turnover have significant of the ROE.
Learning and growth perspective: Banking sectors evidence
Atefa Sonya Memon;
Nazish Baladi
Jurnal Inovasi Ekonomi Vol. 6 No. 01 (2021): April
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang
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DOI: 10.22219/jiko.v6i01.11477
This study aims to measure learning and growth on employee performance through the Balanced Scorecard (BSC). The study has incorporated a quantitative research design that the research questionnaire adapted and modified based on the five Likert scale responses from 1 as strongly disagree to 5 as strongly agree. The primary data collection has been compiled for Habib Bank Limited and Allied Bank Limited in Hyderabad. The probability sampling has been used to conduct the study with a sample size of 40 employees selected for the study. The entire analysis of this research is carried out through analysis of variance (ANOVA) by SPSS. The result concluded that there is a significant difference in the mean values of different variables such as awareness, encourages employee accuracy, and enhances employee accountability. In contrast, other variables have no significant differences. The attentive focus on accountability, accuracy, and awareness of employees will improve employees' performance effectively. The targeted banks should explore the BSC for implementation to improve employee performance.
COVID-19: Public support to handle economic challenges
Mohammad Hidayaturrahman;
Edy Purwanto
Jurnal Inovasi Ekonomi Vol. 5 No. 02 (2020): Economic Challenges in Covid-19 Outbreak
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang
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DOI: 10.22219/jiko.v5i02.11681
COVID-19, which has become a world pandemic, has hit the economic sectors of countries in the world, including Indonesia. Indonesia's economic growth is predicted to be only around 2% or even 0%. This research was conducted to analyze how public support for government efforts to deal with COVID-19 and describe how the economic challenges faced. This research uses descriptive qualitative method by collecting data through in-depth interviews with several informants relating to public support for government efforts. Data collection is also done by searching for related documents online. From the research conducted, the government has the opportunity and strength to carry out initiatives to deal with COVID-19. Administrative support, regional government, business, political parties, including the opposition, and the people are tremendous. The problem is, the government's efforts and scenarios are not visible to anticipate the economic threats that are already in sight. This research wants to uncover the power of government in the form of public support in dealing with COVID-19, and remind the government, the economic challenges faced with the existence of COVID-19.
COVID-19: How does it impact to the Indonesian economy?
Prihartini Budi Astuti;
Arya Samudra Mahardhika
Jurnal Inovasi Ekonomi Vol. 5 No. 02 (2020): Economic Challenges in Covid-19 Outbreak
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang
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DOI: 10.22219/jiko.v5i02.11751
The Coronavirus began to enter Indonesia in officially in early March 2020. The massive spread of COVID-19 caused a decline in economic activity, and the pandemic has been infected in various sectors such as household consumption, investment, and financial institutions in Indonesia. There is a threat of loss of community income because they cannot work to fulfill their daily needs, especially for poor and vulnerable households and the informal sector. The decline also occurred at MSMEs. This business actor cannot conduct his business activities so that his ability to fulfill credit obligations is impaired. The corporate sector has also been disrupted, especially in manufacturing, trade, and transportation. The disruption will reduce business performance so that it causes the termination of employment and even bankruptcy. Financial institutions also have the potential to experience liquidity problems, causing depreciation of Indonesian currency, volatility in financial markets, and capital flight.
Banking credit restructuring policy amid COVID-19 pandemic in Indonesia
Hari Sutra Disemadi;
Ali Ismail Shaleh
Jurnal Inovasi Ekonomi Vol. 5 No. 02 (2020): Economic Challenges in Covid-19 Outbreak
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang
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DOI: 10.22219/jiko.v5i02.11790
In Indonesia, the spread of Coronavirus Disease 2019 (COVID-19) affects economic stability. The problem faced by Indonesia today is that the performance and capacity of debtors in carrying out their credit obligations have been disrupted by the spread of COVID-19, which has the potential to disrupt banking performance in credit management. Encouraging the optimization of the banking intermediary function a policy is needed in tackling the impact of the spread of COVID-19. The research method used is a normative legal research method using secondary data. The results of this study indicate that policy settings in overcoming economic instability due to the spread of COVID-19 are the issuance of policies to provide national economic stimulus through the application of Financial Services Authority Regulation No. 11/POJK.03/2020. This policy regulates the existence of credit restructuring, namely the quality of restructured loans can be determined smoothly if given to debtors identified as being affected by the spread of COVID-19. The implementation of the restructuring scheme can vary and is determined by the policies of each bank depending on the assessment of the debtor's profile and capacity to pay. We emphasize that amid uncertainty, such as the current policy will be truly useful if each party takes the process carefully and responsibly.
The economic impact of the COVID-19 outbreak: Evidence from Indonesia
Herninda Pitaloka;
Ahmad Ulil Albab Al Umar;
Eka Resmi Hartati;
Dessy Fitria
Jurnal Inovasi Ekonomi Vol. 5 No. 02 (2020): Economic Challenges in Covid-19 Outbreak
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang
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DOI: 10.22219/jiko.v5i02.11833
This research aims to analyses the economic impact of the COVID-19 outbreak on the stock market in Indonesia. This research is a quantitative descriptive study by collecting various sources from journals and current case studies about the COVID-19 outbreak. The technique of collecting data uses quotations and related news. The results in this study are The COVID-19 pandemic outbreak harms the capital market, where the occurrence of this pandemic has affected many investors in making investment actions that are very influential on the IHSG.
COVID-19 and Economic Policy Options: What Should the Government do?
Muhammad Faisal;
Muthia Prima Nirmala
Jurnal Inovasi Ekonomi Vol. 5 No. 02 (2020): Economic Challenges in Covid-19 Outbreak
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang
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DOI: 10.22219/jiko.v5i02.11834
The Coronavirus disease (COVID-19) continues to grow rapidly from day to day in every part of the world and it is uncertain when this pandemic will decline. The world economy is experiencing a hard blow from COVID-19 both directly and indirectly, which is reflected in the many industrial sectors of many countries that have struggled to recover. This paper tries to map the economic impacts that are generally experienced by countries in the world affected by the pandemic, then formulates some recommendations related to the government's response in dealing with the COVID-19 pandemic as an option in effort to minimize wider economic impacts. This paper can contribute to policymakers in every government in the world and provide action options in dealing with the shock of the COVID-19 pandemic.
South Korean Health Diplomacy in Facing COVID-19
Alwafi Ridho Subarkah;
Ahmad Saifuddin Bukhari
Jurnal Inovasi Ekonomi Vol. 5 No. 02 (2020): Economic Challenges in Covid-19 Outbreak
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang
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DOI: 10.22219/jiko.v5i02.11837
This study aims to discuss the economic impact caused by the COVID-19 virus outbreak, and look at South Korea's steps in suppressing the spread of the COVID-19 virus and diplomatic steps to help three priority countries namely the United States, United Arab Emirates, and Indonesia. This study uses qualitative research methods that use the concept of health diplomacy, and data collection techniques by conducting library research. The results of this study indicate the global economic and health impacts, collaboration of various parties by conducting health diplomacy is a solution in an effort to improve health and relations with various countries. South Korea conducts health diplomacy in the form of rapid test kits to detect the spread of the COVID-19 virus to America because there is an agreement on currency exchange and new virus cases there, the UAE maintains cooperation in various sectors, and Indonesia as an important partner in ASEAN to realize the new vision of South Korea. So health diplomacy is not just about health in the face of COVID-19, but also to improve relations between countries.
How do Small and Medium Enterprise (SME) survive the COVID-19 outbreak?
Fika Fitriasari
Jurnal Inovasi Ekonomi Vol. 5 No. 02 (2020): Economic Challenges in Covid-19 Outbreak
Publisher : Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang
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DOI: 10.22219/jiko.v5i02.11838
The purpose of this study is to describe a business model that can be applied to the SME during the COVID-19 pandemic with Business Model Canvas approach so that SME can survive (Business Resilience). This research uses a qualitative method, with literature studies taken from several sources both printed and electronic media, books, and research results accessed from various electronic journals. The data analysis used is content meta-analysis through an interactive procedure consisting of four stages: data collection, data condensation, data presentation, and drawing conclusions. The business model that can be applied to SME is the Business Model Canvas. Three important elements of business resilience are product excellence, people behavior, and process reliability, Business resilience is supported by digital transformation. Digital transformation exists when new digital skills emerge and digital tools are adopted. The right digitalization strategy is needed in achieving business goals and developing SME products or services to be more competitive. Competitive advantage is related to cultural diversity, plurality and social motivation. In the process of digital transformation, the correct digital infrastructure testing is required. By using the appropriate technology for system resilience, a business can carry out its digital transformation and create digital resilience.