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INDONESIA
Journal Economic Business Innovation
ISSN : 30474108     EISSN : 30483751     DOI : 3048-3751
Core Subject : Economy, Science,
Journal Economic Business Innovation (JEBI) accepts papers/articles in the field of Economics Business Multidisciplinary Innovation as follows: 1. Accounting Innovation Financial Accounting Management Accounting and Information Systems Public Accounting Auditing Islamic Accounting Banking Tax Accounting Cost Accounting Forensic Accounting Governmental Accounting Environmental Accounting International Accounting Nonprofit Accounting Ethics in Accounting Accounting Information Systems Corporate Governance in Accounting Sustainability Accounting Behavioral Accounting Integrated Reporting Financial Statement Analysis 2. Management Innovation Finance Marketing Human Resource and Organization Strategic Management Entrepreneurship Operations Management Supply Chain Management Project Management Change Management Innovation Management Knowledge Management Risk Management Quality Management Performance Management Leadership and Management Development Corporate Social Responsibility (CSR) Diversity and Inclusion Management International Business Management Technology Management Talent Management 3. Multi-Discipline Advanced Innovation The scope includes market analysis, fiscal policy, consumer behavior, financial management, capital market investment, product development, digital economy, entrepreneurship, marketing strategy, international trade, environmental economics, corporate performance, economic development, employment, corporate finance, supply chain management, business innovation, health economics, human resource economics, and organizational behavior. With this diverse focus, the journal aims to be a platform for current research and discussion in economics and business relevant to global and local developments.
Articles 64 Documents
Enhancing Supply Chain Resilience through Information Processing and Digital Integration in Managing Risks and Disruptions Galih , Annindi
Journal Economic Business Innovation Vol. 1 No. 2 (2024): July
Publisher : Inovasi Analisis Data

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/jebi.v1i2.177

Abstract

Purpose: This study examines the effect of information processing capabilities and digital supply chain integration on supply chain resilience considering the mediating effect of supply chain risk management in the context of the Indonesian manufacturing sector.Method: Study implements Partial Least Squares-Structural Equation Modeling (PLS-SEM) to analyze data from professionals in the manufacturing industry in Indonesia with respect to the relations between digital tools, risk management, and resilience.Findings: In latest study, the authors highlight how incorporating digital technology and managing for information are two key factors contributing to resilient supply chains, especially during periods of disruption. It highlights that companies using advanced technologies including real-time data analytics and cloud computing are in a better position to identify and manage risks, and therefore recover more quickly when disruptions occur.Novelty: These findings shed new light on the relationship between digital supply chain integration, information processing, resilience, and risk management in an emerging economy such as Indonesia. It builds on existing theories by exploring this dynamic within an industrial setting which has received less attention in the literature.Implications: The findings have important implications for practice in the field of manufacturing in Indonesia, indicating that the production companies need to invest in digital bases and a solid risk management system. These insights can help policymakers and industry leaders design robust and adaptive supply chains that can navigate effectively through global disruptions and uncertainties
Strategic and Growth Orientation to Improve Performance of B2B SMEs in Emerging Markets Dell Fereira, Hellen; Hirvon, Gabriele; Sanchy, Dwork Sanchy
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/jebi.v1i3.178

Abstract

Purpose: We do this with offering a study of the influence of strategic orientations, entrepreneurial orientation (EO), Growth orientation (GO), Market orientation (MO), and Brand orientation (BO) on performance of B2B SMEs in forming economies, in this case in Chile, Peru and Moldova. The aim is to explore how these orientations promote innovation and support firm performance.Method: The paper adopts a quantitative methodology using survey data from 300 B2B SMEs sampled from the three nations. Structural Equation Modeling (SEM) was utilized to investigate both direct and indirect relationships, as well as the mediating effect of Brand Orientation on the relationship between strategic orientations and performance.Findings: The findings show that Entrepreneurial Orientation (EO) and Growth Orientation (GO) are significant predictors of Brand Orientation (BO), which leads to better performance in the firms. Market Orientation (MO)1 is the key to integrating company strategies with consumer needs, which in turn bolsters performance. Brand orientation plays a key mediating role within the nexus of strategic orientations and performance.Novelty: This paper adds to the existing literature by presenting the mediating role of Brand Orientation in B2B SMEs of emerging economies. It offers an aligned vision of how distinct strategic orientations interrelate to improve firm performance across heterogeneous market contexts.Implications: The findings suggest B2B SMEs managers in emerging markets ought to build a strong Brand Orientation alongside their Entrepreneurial and Growth Orientations. It is recommended that policymakers enable the provision of supportive environments that nurture entrepreneurial ventures, as well as accessibility to relevant services that propel innovation and responsiveness to markets. This facilitates better efficacy and competitiveness in the international environment.
Exploring the Role of Entrepreneurial Skills Competence and Networks in Enhancing MSME Performance Evidence from a Developing Economy Nandez, Mechila; Esayne, Eneolla
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/jebi.v1i3.179

Abstract

Purpose: The objective of this study is to investigate the nexus of relationship among entrepreneurial skills as well as market orientation and sales orientation with business networks and performance of micro, small and medium enterprises (MSMEs) of a developing economy.Method: We conducted a strong quantitative research design by using structured questionnaires based on established scales to measure the core variable. MSMEs across various sectors in Nigeria were recruited through a purposive sampling method, and the data were analyzed through multiple regression and mediation method, based on the directions of Baron and Kenny 1986.Findings: The results show that entrepreneurial competence, market orientation, sales orientation and business networks had direct and indirect relationships with firm performance. The essential in these entrepreneurial characteristics on the overall performance of MSMEs was mediated by entrepreneurial competence as an important factor. Conclusions: These findings underscore the multidimensional nature of MSME performance and present entrepreneurial competencies as important drivers of firm growth and continuity.Novelty: This study is amongst the first to analyse the mediating role of entrepreneurial competence within the MSME context of a developing country, Nigeria. The research extends knowledge on emerging market entrepreneurial dynamics by integrating multiple environmental perspectives with advanced mediation analysis technique, explaining how why diverse entrepreneurial phenomena work in concert to reward entrepreneurs in emerging markets through business outcomes.Implications: he study highlights implications for managers of MSMEs, policymakers, and researchers, underlining the significant role of entrepreneurial competency improvement in enhancing business performance. It shows that having a skills, market orientation, and strong business network can help the MSMEs that may benefit them grow stiffened in a competitive market.
Community Perception as a Catalyst for Economic Growth and Digital Transformation in BRICS Integration Anam, Khoirul; Prayogo, Imam
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/jebi.v1i3.180

Abstract

Purpose: To investigate the sensitive nature of the interaction of social perception, economic development, and digitization in brics integration situation. As the global power dynamic continues to shift with the rise of international entities such as BRICS, analyzing the impact of public sentiment and economic transformation on technological innovation has become vital for policymakers and business executives alike.Method: The study uses descriptive statistics with advanced SEM analysis performed on responses collected across diverse respondents partial to the four derivatives. A Likert-scale questionnaire that targeted viewpoints on public perception, economic growth, and digital transformation was developed, and the hypothesized associations among these core elements were tested using multiple regression and SEM techniques.Findings: Economic growth is heavily impacted by public perception and economic growth in turn plays a crucial role in shaping digital transformation. Moreover, public perception was identified as a mediator between BRICS integration and economic growth and digital transformation was found to play a moderating role between societal perceptions and economic outcomes.Novelty: This study reveals new insights into how the perceptions of society not only impact the economy but also how the digital transformation is strengthening these effects. The new approach, applying mediation and moderation effects within the theme of BRICS integration which has not been previously utilized in other studies.Implications: This study provides important insights into how societal perception can be shaped for the better and how it contributes to economic growth and technological advancement, offering important implications for policymakers as well as business leaders. Moreover, the findings highlight the key importance of digital transformation as a moderating factor in the economic development process, especially highlighted in emerging markets.
Exploring Non Fungible Tokens in the Digital Economy: Stakeholders, Ecosystem, Risks, and Opportunity Basry, Mas'ud; Prayogo, Imam
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/jebi.v1i3.181

Abstract

Purpose: In this research, we analyze what essentially drives the Non-Fungible Token (NFT) market, namely, NFT adoption, investor participation, content creator, technological infrastructure, market value and speculation.Method: A quantitative research approach was adopted, employing the blockchain transaction data, NFT marketplace indices, and investor behavior analysis. Hypotheses testing and relationships between variables were performed using descriptive and inferential statistical techniques, including regression models.Findings: The results indicate that NFT adoption has a positive effect on market utility and a negative effect on market value. A high level of participation amongst investors correlates with a stable market, whereas speculation causes price fluctuations. The behavior of content creators is considered a driving factor on the market, while technological infrastructure is important to improve efficiency in the market.Novelty: This study is a novel combination of blockchain performance metrics with market value and investor participation. It builds on the existing literature by examining the phenomenon of content creators and technological elements behind market success.Implications: For investors, content creators and platform developers, the findings have practical implications. Strategies based on these insights can help mitigate market risks, enhance market stability, and foster sustainable growth in the NFT ecosystem.
The Influence of Distinctive Capabilities and Adaptive Capabilities on Business Model Adaptation and MSME Performance adi wibowo, Wahyu; Anam, Khoirul
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/jebi.v1i3.182

Abstract

Purpose: This study examines the effect of distinctive capabilities and adaptive capabilities to business model adaptation and performance of Micro, Small and Medium Enterprises (MSMEs) in Indonesia.Method: The proposed hypotheses and the relationships between distinctive capabilities, adaptive capability, business model adaptation, and MSME performance were examined using Structural Equation Modeling (SEM) and regression analysis.Findings: The results show that both unique capabilities and adaptive capabilities play a crucial role in the adaptation of business models and the performance of MSMEs. The results prove that adaptive capability acts as a mediator between distinctive capabilities and business model adaptation, as well as between distinctive capabilities and MSME performance. Moreover, the relationship between distinctive capabilities on business model adaptation and MSME performance was moderated by adaptive capacity, indicating that firms with higher adaptive capacity are better placed to utilize their distinctive capabilities to achieve superior performance.Novelty: This paper adds to the dynamic capabilities literature by providing empirical insight into the relationships between distinctive capabilities, adaptive capability, business model adaptation and performance within MSMEs. This research sheds light on MSME success through a new lens of adaptive capacity as a mediator and moderator, providing an avenue for new ground in SME strategic management research particularly in emerging markets.Implications: The research indicates that MSMEs should strengthen their unique capabilities; also, the capabilities for market adaptability will be essential in this context for MSMEs to thrive and recover. Policymakers and practitioners must cultivate innovation, flexibility, and capability-building environments. Further exploration of the long-term impacts of these capabilities and extending the study to different geographical contexts or industries would provide a more in-depth understanding of their implications for business performance.
Corporate Risk Disclosure Dynamics in Light of Key Audit Matters Reporting Qurrota A'yun, Annisa; adi wibowo, Wahyu
Journal Economic Business Innovation Vol. 1 No. 4 (2025): January
Publisher : Inovasi Analisis Data

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/jebi.v1i4.183

Abstract

Purpose: This paper investigates the association between Key Audit Matters (KAM) disclosures and the level of corporate risk narratives provided in annual reports and the characteristics of the firm, governance structure, and audit quality associated with disclosure practices. Method: The study uses quantitative approach with multiple regression analysis to examine the effect of KAM reporting by its levels of risk disclosures. A content analysis of data extracted from reports was done to study Professional Judgement on the width and depth of risk disclosures based on publicly available corporate reports. Findings: We document a strong positive association between capital market-oriented disclosures and the strength of narrative risk reporting. While firm size, operational complexity, leverage, and profitability significantly increased risk transparency, external auditors' reputation also increased the quality of disclosures. Novelty: This study reveals a new function of KAMs where turning audit report transparency into an effectual mechanism in corporate governance. It builds upon the signaling and agency theory by showing how mandatory audit disclosures are reflective of voluntary narrative reporting behavior. Implications: These findings suggest that, in addition to calls for more transparency in the audit process, there needs to be a greater focus on risk management strategies complementary to these processes. Enhanced disclosure can help companies build trust with the relevant stakeholders and align with global reporting frameworks, while providing regulators and policymakers the important contextual information to help develop appropriate disclosure regulations, including audit requirements. The study aids current deliberations on enhancing the quality of financial reporting and enabling investment decision-making by competitors and others in the market.
Building Compliant Entrepreneurs: A Field Experiment on Tax Training and Business Outcomes Rahmat Saputra, Widi; Qurrota A'yun, Annisa
Journal Economic Business Innovation Vol. 1 No. 4 (2025): January
Publisher : Inovasi Analisis Data

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/jebi.v1i4.184

Abstract

Purpose: The purpose of this study is to find out the influence of tax training program on tax compliance, tax filing timeliness, tax reporting accuracy, and business performance of beginner entrepreneurs in Indonesia.Methods: A field experiment was implemented with new entrepreneurs randomized into tax training and no tax training groups. Data was gathered from surveys and business performance metrics, and statistical analysis was used to test the hypotheses.Results: Entrepreneurs receiving tax training had a significant increase in their tax compliance; they filed in a timely manner, reported taxes with greater accuracy and completeness, and had better business performance than entrepreneurs not receiving training.Novelty: This study adds to the understanding of the impact of tax education on entrepreneurial behavior in the context of tax compliance, which is vital for emerging economies such as Indonesia.Implications: These findings have a significant implication not just for tax policy but also for entrepreneurship, as they demonstrate that tax training can enable novice entrepreneurs to efficiently manage their tax obligations and, by extension, succeed in their businesses. To begin with, we call on policymakers to support broad-based tax education programs to encourage a culture of compliance and business success.
Branch Manager CSR Perceptions of Customer Satisfaction, Trust, and Loyalty Zachrani, Alifia; Qurrota A'yun, Annisa
Journal Economic Business Innovation Vol. 1 No. 4 (2025): January
Publisher : Inovasi Analisis Data

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/jebi.v1i4.186

Abstract

Purpose: The purpose of this study is to analyze the impact of branch managers perception of corporate social responsibility (CSR) toward perceptions of customers, and its impact to customer satisfaction, trust, engagement and loyalty in banking service in Indonesia.Methods: A quantitative method was employed using structured questionnaires and statistical analysis to analyze the relationships between CSR perceptions, satisfaction, trust, engagement, and loyalty.Results: The results offer that branch managers positive perceptions regarding CSR play an important role for greater customer perceptions towards CSR. This, in turn, has a positive impact on customer satisfaction, trust, and loyalty.” Using engagement as a mediator between trust and loyalty reflects it as the main link between the two, the life belt of customer-bank relationship.Novelty: This is the first study that examines CSR in banking from the managerial level perspective, and its direct effects on customer attitudes and behaviors. From the basis of both managerial and customer perspectives, it offers an understanding of the relationship between CSR and relationship marketing consequences.Implications: The study reinforces the value of CSR in relation to sustainability of customer relationship. These efforts can bolster trust and loyalty by improving CSR training for branch managers and customizing CSR initiatives to be in alignment with customer values. Future studies may expand these findings to other financial industries or consider the moderating impacts of demographic factors.
New ideas, Management, Plan, Money, and Teamwork for New Business Effectiveness: Digital Transformation as Moderator. Markhumah, Umatun; Intan Penatari, Resi; Septiana, Aulia
Journal Economic Business Innovation Vol. 1 No. 4 (2025): January
Publisher : Inovasi Analisis Data

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/jebi.v1i4.215

Abstract

Purpose: This study looks at how five important entrepreneurial factors affect startup performance in a changing business environment. These factors are innovation capability, entrepreneurial leadership, strategic agility, access to funding, and collaborative networks. Digital transformation is a factor that can change how these factors affect performance. Method: We employed a quantitative research design to collect primary data through structured questionnaires that we distributed to 250 startup founders and managers. The relationships between the variables were analyzed using structural equation modeling (SEM), and the moderating role of digital transformation was tested. Findings: It is indicated by the results that startup performance is significantly and positively influenced by all five entrepreneurial factors. Digital transformation has a significant impact on these relationships, enhancing their effect on performance outcomes. Novelty: This research contributes novel insights. It does so by integrating digital transformation as a moderator. It also illuminates how digital capabilities interact with traditional entrepreneurial drivers. This interaction improves startup success in rapidly evolving markets. Implications: Entrepreneurs, investors, and policymakers can use the findings to guide their actions. The findings suggest that these groups prioritize digital transformation initiatives alongside essential entrepreneurial competencies. These initiatives will foster startup growth, resilience, and competitive advantage.