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
<![CDATA[Attitude and behavior on daily food purchasing decisions in the time of COVID-19: A case study of Indonesia consumers ]]>
<![CDATA[Widayat Widayat]]>;
<![CDATA[Zainal Arifin]]>
<![CDATA[ Jurnal Inovasi Ekonomi Vol. 5 No. 02 (2020): Economic Challenges in Covid-19 Outbreak ]]>
Publisher : <![CDATA[Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jiko.v5i02.11866
<![CDATA[This investigation was carried out to exam the influence of attitudes towards COVID-19 with food on purchasing decisions of early adult consumers with a quantitative survey approach. The data relates to the attitude which includes that the virus is dangerous, difficult to cure and originates from China and purchasing decision behavior to fulfill daily food needs consists of being careful in choosing, paying attention to producers, care to the countries of origin, cashless payment usage, and paper money avoidance was collected with a four-scale style questionnaire distributed via Google form. Data obtained by the sample (n = 157) were selected using convenience methods and then analyzed by playing the Structural Equation Modeling, assisted by Smart-PLS. The result shows that attitude correlates with behavior in fulfilling daily foods. The attitudes towards the COVID-19 come from China that is dangerous, difficult to treat, contributes to cautious behavior, healthy behavior in meeting daily food needs, and purchasing payment usage. The consumer tends to the more careful in choosing, paying attention to care for the food producers, and where food comes from. Attitudes also have an impact on the preference of consumers to use E-money and paper money avoidance as an effort to avoid physical contact with the seller or supplier.]]>
<![CDATA[The role of specific allocation fund on the local government budget timeliness ]]>
<![CDATA[Provita Wijayanti]]>;
<![CDATA[Dwi Ria Latifa]]>
<![CDATA[ Jurnal Inovasi Ekonomi Vol. 5 No. 03 (2020): Regular Issue ]]>
Publisher : <![CDATA[Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jiko.v5i03.12094
<![CDATA[Local government budget (APBD) is the annual financial planning of the local government in Indonesia that requires consent from the Regional House of Representatives (DPRD) and is determined by regional regulation. One of the budgets is a fiscal balance which includes a revenue-sharing Fund (DBH), a general allocation fund (DAU), and a specific allocation fund (DAK). This study aims to analyze the role of funds allocation from the central government on the promptness of APBD establishment. The populations of this research were local governments in Central Java in periods 2014-2017. The data were obtained from the audit board (BPK) office and regional financial and asset management board (BPKAD) office in Central Java. This study is analyzed by logistic regression. The outcomes of this study indicated that DAK has a significant positive effect on the promptness of APBD establishment, whereas DAU and DBH have an insignificant negative impact.]]>
<![CDATA[Impact of COVID-19 on Pakistan’s services sector ]]>
<![CDATA[Asif Javed]]>
<![CDATA[ Jurnal Inovasi Ekonomi Vol. 5 No. 03 (2020): Regular Issue ]]>
Publisher : <![CDATA[Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jiko.v5i03.12194
<![CDATA[Coronavirus disease 2019 (COVID-19) affects the world economies as due to pandemic major economic activities are either suspended or restricted. Pakistan also faces the similar circumstances as implementation of lockdown to avoid spread of COVID-19 halted trading activities. This study focuses on the impact of COVID-19 on services sector of Pakistan and for the purpose various published reports are considered. Sectors including tourism, hospitality and transport are likely to be more affected in services sector. Millions of SMEs may not be able to survive in long term due to lack of cash flow while the revenues of SMEs will also decrease. Lockdown situation will give rise to the vulnerable employment and the layoffs in every province of Pakistan are expected. This paper recommends that entrepreneurial-based programs effectively create jobs, especially by promoting information technology and e-commerce.]]>
<![CDATA[Analytical Hierarchy Process of human resources performance: perceptions perspective ]]>
<![CDATA[Adya Hermawati]]>
<![CDATA[ Jurnal Inovasi Ekonomi Vol. 6 No. 02 (2021): August (Special issue on 10th Anniversary, Center for Economics, Business and ]]>
Publisher : <![CDATA[Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jiko.v6i02.12663
<![CDATA[This research aims to recommend a policy model as the base in making strategies to improve the performance and sustainable competitiveness of Micro, Small & Medium Enterprises (MSMEs) in the tourism sector. Variables used by this research are role, actor, and priority. These variables are measured by weighing them against human resource performance. Method of research involves quantitative and qualitative approaches. The sampling technique is purposive sampling. The research results comprise three findings, which all refer to the results of assessment done by the employees of MSMEs regarding the relationship between variables and MSMEs performance. First, transglobal leadership is the most needed criterion to improve performance. The second is that Community is the actor whose role is most needed to improve performance. Finally, the third is productivity and professionality as a priority.]]>
<![CDATA[Competitive advantage: Empirical evidence from the small business of culinary ]]>
<![CDATA[Wan Suryani]]>;
<![CDATA[Marissa Claudya]]>
<![CDATA[ Jurnal Inovasi Ekonomi Vol. 6 No. 01 (2021): April ]]>
Publisher : <![CDATA[Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jiko.v6i01.13483
<![CDATA[The purpose of this study is to examine the characteristics of the current competitiveness of small culinary businesses, especially in the implementation of entrepreneurial marketing and innovation. This study used a sample of 80 small culinary businesses in Medan City, Indonesia. The analysis using the partial least square method was used to test the constructed model that was built. The results of this study indicate that small culinary businesses organically understand and feel the benefits of entrepreneurial marketing and innovation in increasing competitiveness. However, the impact can still be accelerated by improvements through the intervention of policymakers.]]>
<![CDATA[Banking credit restructuring in Indonesia: Quo vadis? ]]>
<![CDATA[Dendy Indramawan]]>
<![CDATA[ Jurnal Inovasi Ekonomi Vol. 6 No. 02 (2021): August (Special issue on 10th Anniversary, Center for Economics, Business and ]]>
Publisher : <![CDATA[Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jiko.v6i02.14861
<![CDATA[This research aims to analyze the impact of Coronavirus Disease (Covid-19) on the accounting practices in banks associated with Indonesian Financial Accounting Standards (PSAK) 71 – Financial Instrument, particularly the allowance for impairment losses (CKPN) to respond to the Indonesian Financial Service Authority's Regulation (POJK) Number: 11/POJK.03/2020 concerning credit restructuring program and quality assets assessment. The research methodology is triangulation. This study reveals that the restructuring program helps banks from a significant jump of weak quality credits. Banks need to analyze the recovery rate of debtors as a basis for the stage of PSAK 71 with the Expected Credit Loss approach. The higher the CKPN, the smaller the net income. Besides, a tremendous amount of CKPN will pressure the Capital Adequacy Ratio (CAR). Therefore, shareholders should increase the capital, or the Indonesian Financial Service Authority (OJK) forces the bank(s) into a merger or acquisition.]]>
<![CDATA[Industrial revolution 4.0: What should be prepared for the next stage? ]]>
<![CDATA[Adya Herawati]]>;
<![CDATA[Suhermin Suhermin]]>;
<![CDATA[Hastin Umi Anisah]]>;
<![CDATA[Roby Sambung]]>
<![CDATA[ Jurnal Inovasi Ekonomi Vol. 6 No. 01 (2021): April ]]>
Publisher : <![CDATA[Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jiko.v6i01.14899
<![CDATA[This article aims to analyze the opportunities and challenges in the era of the industrial revolution 4.0. This research is a descriptive study with a qualitative approach and uses the literature study method. This study indicates that the opportunities in the era of the industrial revolution 4.0 are in the industrial ecosystem, which is increasingly open, and the challenges are focused on the readiness of human resources. This study formulates that to prepare competitive human resources in the era of the 4.0 industrial revolution, learning in tertiary institutions must be oriented towards a) inter-multi discipline; b) problem solving oriented; c) interpersonal skills, and d) innovation based on technology.]]>
<![CDATA[Indonesia stock exchange: Abnormal return amid pandemic ]]>
<![CDATA[Gunistiyo Gunistiyo]]>;
<![CDATA[Jaka Waskito]]>;
<![CDATA[Yuni Utami]]>
<![CDATA[ Jurnal Inovasi Ekonomi Vol. 6 No. 01 (2021): April ]]>
Publisher : <![CDATA[Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jiko.v6i01.16056
<![CDATA[This study aims to reveal the behavior of investors on the Indonesia Stock Exchange (IDX) before and during (early) the COVID-19 pandemic. This study is an extension of references to understand market reactions in response to future crises. This study is an event study with a time window of 76 trading days before and after the first case was officially announced by the authorities in Indonesia. Taking a sample of stocks included in the Liquid Index (LQ) 45, this study measures the abnormal return and transaction volume during the pre and post-first official announced cases and test the whole data by t-test. The results of data analysis indicate that there is no difference in abnormal returns, but there is a significant difference in transaction volume. These findings indicate that, in general, the Indonesian market is quite efficient, as evident from the absence of different abnormal returns. On the other hand, the market also appears to be cautious in making investment decisions amid uncertainty.]]>
<![CDATA[Exploration exogenous factor of exchange rate: Data from Indonesia ]]>
<![CDATA[Sulih Tiara Safitri]]>;
<![CDATA[Nisa Mutiara]]>;
<![CDATA[Eni Srihastuti]]>
<![CDATA[ Jurnal Inovasi Ekonomi Vol. 6 No. 01 (2021): April ]]>
Publisher : <![CDATA[Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jiko.v6i01.16610
<![CDATA[This study aimed to determine the relationship between remittance of Indonesian workers, gross domestic product and foreign exchange reserves to the exchange rate of IDR/USD in the period 2013-2017. This research is quantitative research with regression analysis. The data collection technique uses secondary data of Indonesian labor remittance reports, GDP, foreign exchange reserves, and the rupiah's exchange rate against the dollar for the 2013-2017 period. The analysis of the results shows a significant relationship between remittance and the exchange rate; there is no significant negative correlation between GDP and the exchange rate and there is no significant positive relationship between Foreign Exchange Reserves and the exchange rate.]]>
<![CDATA[Driver factors of whistleblowing intention in undergraduate student perspective ]]>
<![CDATA[Nadya Yunika Pratiwi]]>;
<![CDATA[Bambang Minarso]]>
<![CDATA[ Jurnal Inovasi Ekonomi Vol. 6 No. 02 (2021): August (Special issue on 10th Anniversary, Center for Economics, Business and ]]>
Publisher : <![CDATA[Center for Economics, Business and Entrepreneurship Development Faculty of Economics and Business, Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jiko.v6i02.16774
<![CDATA[This research aims to determine the factors that influence the intention of accounting students in Semarang city to as whistleblowers. The data source used is the primary data obtained using a questionnaire given to accounting students in Semarang City 2016 intake with proportionate stratified random sampling and taken is 314 respondents and processed data by multiple linear regression. The results showed that attitudes had no significant effect on intention whistleblowing, while subjective norms and perceived behavioral control significantly affected intention whistleblowing.]]>
