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M. Reza Saputra
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Journal of Strategic Innovation in Economics and Business
Published by Yayasan Cerdas Pedia Indonesia
ISSN : -     EISSN : 31104177     DOI : https://doi.org/10.65101/sinebis
Core Subject : Economy,
Economics, Econometrics & Finance
Journal of Strategic Innovation in Economics and Business is a peer-reviewed forum for high-quality, original research that advances our understanding of how strategic innovation drives economic development and business performance. The journal welcomes empirical and theoretical contributions that integrate economic analysis with strategic management and entrepreneurship. Focus Strategic Innovation Economics – Theoretical and empirical studies on the economics of innovation, including innovation incentives, market structures, and policy impacts. Business Strategy and Competitive Advantage – Research on strategic decision-making, resource allocation, strategic alliances, and business model innovation. Entrepreneurship and New Venture Creation – Analyses of entrepreneurial processes, start-up financing, innovation ecosystems, and scaling strategies. Technology Management and Digital Transformation – Studies on digital innovation, technology adoption, platform economics, and the role of information systems. Sustainable and Inclusive Growth – Investigations of sustainable innovation, social entrepreneurship, corporate social responsibility, and inclusive business models. Scope The journal publishes the following article types in English: Original Research Articles: Rigorous quantitative or qualitative studies offering novel insights. Theoretical Papers: Conceptual frameworks and economic models of innovation and strategy. Policy Analyses: Evaluations of innovation policies, regulatory frameworks, and economic incentives. Case Studies: In-depth examinations of strategic innovation in firms, industries, or regions. Review Articles: Comprehensive syntheses of literature on strategic innovation and economic development. Contributions should bridge economics and business to inform both academic scholarship and managerial practice. Interdisciplinary approaches combining economics, management science, finance, and public policy are encouraged.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 20 Documents
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Strategic Relationship Value and Supply Chain Resilience: Decoupling Satisfaction from Loyalty in the Indonesian Automotive B2B Sector Veronika Nadia Andriyani; Anny Nurbasari
Journal of Strategic Innovation in Economics and Business Vol. 1 No. 3 (2026): Journal of Strategic Innovation in Economics and Business
Publisher : Yayasan Cerdas Pedia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65101/sinebis.v1i3.181

Abstract

As the Indonesian automotive industry faces intensifying competition within the ASEAN Economic Community, specifically from Thailand, the strategic imperative has shifted from price leadership to supply chain resilience. This study investigates the economic efficacy of relationship value in driving customer loyalty within the Business-to-Business (B2B) spare parts sector in West Java, hypothesizing trust, commitment, and satisfaction as critical mediators. Utilizing a Structural Equation Modeling (SEM) approach with data from 211 decision-makers, the research challenges the canonical Service-Profit Chain theory in emerging markets. The empirical results demonstrate that while relationship value significantly bolsters trust and commitment, a divergence from Western models is observed: customer satisfaction does not significantly influence loyalty (CR < 1.96). This anomaly suggests that in the Indonesian B2B context, retention is driven by structural commitments and calculated relationship value rather than affective satisfaction. These findings imply that to sustain competitive advantage, firms must prioritize the engineering of strategic partnerships over satisfaction metrics, offering a new perspective on industrial retention strategies in developing economies.
Escaping the Captive Market: Strategic Innovation in Co-branding and Mitigating Community-induced Inefficiencies in Faith-Based Micro-Enterprises Abdulloh Azzahid; Mohamad Rizan; Saparuddin Mukhtar
Journal of Strategic Innovation in Economics and Business Vol. 1 No. 3 (2026): Journal of Strategic Innovation in Economics and Business
Publisher : Yayasan Cerdas Pedia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65101/sinebis.v1i3.206

Abstract

This study evaluates the effectiveness of marketing strategies in religious-based business entities in developing countries, with a particular focus on Islamic boarding schools in Indonesia that receive government capital assistance. Using the Structural Equation Modeling (SEM-PLS) model on a sample of 230 business units, this study examines how co-branding and distribution channel management strategies affect marketing performance, both directly and through community marketing mediation. Empirical results show findings that contradict conventional wisdom: although co-branding strategies are proven to significantly improve performance (β=0.208), distribution channel management (β=-0.134) and community marketing (β=-0.217) are negatively correlated with marketing performance. Furthermore, community marketing was found to negatively mediate the relationship between co-branding, indicating the existence of “social costs” and “network exclusivity” phenomena that burden business efficiency. These findings provide important theoretical contributions regarding the limitations of bonding social capital in religious entrepreneurship, suggesting that over-reliance on internal communities and traditional distribution channels without digitalization support can hinder commercial growth.
Mitigating Investment Irrationality in the Digital Era: Financial Education as a Strategic Moderator of Cognitive Bias and Social Media Influence Risma Puspita Sari; I Gusti Ketut Agung Ulupui; Agung Dharmawan Buchdadi
Journal of Strategic Innovation in Economics and Business Vol. 1 No. 3 (2026): Journal of Strategic Innovation in Economics and Business
Publisher : Yayasan Cerdas Pedia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65101/sinebis.v1i3.209

Abstract

This study examines how cognitive biases and social media exposure influence investment decision-making among Millennials and Generation Z in Indonesia, while considering financial education as a moderating factor. Drawing on behavioral finance theory, this research examines how psychological and digital information factors shape investment behavior in an emerging market context. Data were obtained from an online survey involving 253 young investors and were analyzed using the Partial Least Squares–Structural Equation Modeling (PLS-SEM) approach. The results indicate that cognitive biases, particularly overconfidence and herding behavior, exert a significant influence on individual investment decisions. Social media exposure also significantly affects investment behavior, underscoring digital platforms as dominant sources of financial information for young investors. Furthermore, the findings reveal that financial education serves as an effective moderating mechanism in the relationships between cognitive biases and investment decisions, as well as between social media influence and investment decision-making. Higher levels of financial education help mitigate the adverse effects of psychological biases and reduce investors’ reliance on unverified financial information circulating on social media. These findings contribute to the behavioral finance literature by integrating cognitive bias, social media influence, and financial education within a unified empirical framework. From a practical standpoint, this study emphasizes the strategic importance of strengthening financial education initiatives to enhance the quality investment decisions among digitally native generations in emerging markets.
The Dynamics of Job Crafting, Meaningful Work, and Work Engagement in Predicting Turnover Intention: Evidence from the Digital Creative Industry Meyreza Dwi Savitri; Widya Parimita; Rd. Tuty Sariwulan
Journal of Strategic Innovation in Economics and Business Vol. 1 No. 3 (2026): Journal of Strategic Innovation in Economics and Business
Publisher : Yayasan Cerdas Pedia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65101/sinebis.v1i3.212

Abstract

The digital creative industry landscape in Indonesia currently faces significant talent retention challenges, especially among Generation Z workers who have different psychological expectations. This study aims to critically analyze the influence of Job Crafting and Meaningful Work on Turnover Intention, with Work Engagement as a crucial mediating variable. Using a quantitative approach with the Partial Least Squares (PLS)-based Structural Equation Modeling (SEM) method, this study takes the microcosm at FEB Digital Agency as its object of study. The results of the analysis show that all of the proposed hypotheses are accepted: Job Crafting and Meaningful Work are proven to have a negative and significant effect on Turnover Intention, both directly and indirectly through Work Engagement. An interesting finding reveals that Job Crafting is the strongest single predictor of Work Engagement (t = 6.429), while Work Engagement is the most dominant barrier to attrition in this model (β = -0.456). This indicates that employee engagement is not merely an operational phenomenon, but rather the result of job personalization and the perception of existential value. This study concludes that effective retention strategies must focus on the transition from control-based management to empowerment-based management that supports work autonomy and the articulation of real work meaning.
Strategic Innovation and Bioeconomic Transformation of Nutmeg (Myristica fragrans) Agribusiness within the Dusung Agroforestry Framework of the Maluku Islands Tienni Mariana Simanjorang; Nafly Comilo Tiven
Journal of Strategic Innovation in Economics and Business Vol. 1 No. 3 (2026): Journal of Strategic Innovation in Economics and Business
Publisher : Yayasan Cerdas Pedia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65101/sinebis.v1i3.241

Abstract

Nutmeg (Myristica fragrans) remains a strategically pivotal spice commodity, characterized by its profound historical, ecological, and economic significance within the Indonesian Maluku Archipelago. Despite Indonesia’s enduring comparative advantage in the global spice trade, the long-term sustainability and competitiveness of the nutmeg agribusiness are increasingly compromised by the socio-economic precariousness of smallholder producers and the structural inertia of conventional value chains. This research systematically evaluates the socio-economic profiles of nutmeg smallholders, analyzes the ecological-economic duality of the traditional dusung agroforestry system, and formulates strategic bioeconomic innovations to bolster global market positioning. Adopting a descriptive quantitative framework, primary data were elicited from a purposive sample of 75 smallholder farmers situated across primary production epicenters, including the Banda Islands, Leihitu, and West Leihitu sub-districts. The empirical results reveal a demographic skew toward an aging workforce (56% aged 41–60), characterized by extensive hereditary expertise but constrained by limited formal human capital (48% with only primary-level education). This educational deficit significantly inhibits the diffusion of modern technological innovations and complicates adherence to stringent international Sanitary and Phytosanitary (SPS) standards. Furthermore, while the dusung system demonstrates high ecological resilience and carbon sequestration potential, it remains ensnared in a low-productivity trap exacerbated by asymmetric market power and price discovery failures. The study concludes that a strategic pivot toward circular bioeconomic downstreaming encompassing volatile compound extraction, pharmaceutical-grade derivatives, and the integration of digital traceability is an absolute imperative. Such a transition is essential to elevate nutmeg cultivation from a subsistence-based legacy practice into a highly competitive, resilient, and sustainable global enterprise.
Bridging Dyadic Relationships to Group Dynamics: A Systematic Literature Review on the Integration of Leader–Member Exchange (LMX), Team–Member Exchange (TMX), and Organizational Differentiation Asep Dana Saputra; Mutiarawan; Abdul Hadi
Journal of Strategic Innovation in Economics and Business Vol. 2 No. 1 (2026): Journal of Strategic Innovation in Economics and Business
Publisher : Yayasan Cerdas Pedia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65101/sinebis.v2i1.437

Abstract

In the hyper-competitive era of digital market disruption, strategic innovation is fundamentally contingent upon the architectural configuration of an organization's relational capital. This study investigates the critical cascade of vertical Leader–Member Exchange (LMX) into horizontal Team–Member Exchange (TMX) and evaluates the structural impact of LMX differentiation on group dynamics. Employing a rigorous mixed-methods architecture, this research integrates a Systematic Literature Review (SLR) guided by the PRISMA protocol with an advanced quantitative bibliometric network analysis of 500 high-impact articles sourced from Scopus and Web of Science. The empirical synthesis reveals that while isolated, high-quality LMX effectively drives exploitative operational efficiency, it is insufficient to sustain long-term exploratory innovation. Instead, robust TMX networks are mandatory to establish the psychological safety required to operationalize intellectual capital and navigate external market shocks. Furthermore, the findings demonstrate that LMX differentiation operates as an economic double-edged sword; although it is functionally necessary for the optimal allocation of strategic resources, it frequently precipitates destructive relational ambivalence and defensive knowledge-hiding behaviors if mismanaged. The analysis concludes that cultivating a rigorous procedural justice climate is the indispensable mediator for neutralizing this interpersonal friction. Ultimately, strategic executives must transition relationship management from a peripheral human resources function into a core dynamic capability, balancing meritocratic differentiation with dense horizontal cohesion to ensure institutional agility and sustainable competitive advantage.
The Effect of Product Innovation and Competitive Advantage on Firm Performance Through Dynamic Capabilities at LocknLock Firdausy Nisa Azizy
Journal of Strategic Innovation in Economics and Business Vol. 2 No. 1 (2026): Journal of Strategic Innovation in Economics and Business
Publisher : Yayasan Cerdas Pedia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65101/sinebis.v2i1.298

Abstract

Amidst profound structural disruptions driven by value chain digitalization and stringent environmental sustainability mandates, the global manufacturing landscape exposes a critical innovation paradox where technological advancements frequently fail to guarantee market resilience. Grounded in the synthesis of the Resource-Based View (RBV) and Dynamic Capability Theory (DCT), this study investigates the causal mechanisms linking product innovation, competitive advantage, and firm performance. Employing a quantitative explanatory design, primary empirical data were acquired from 230 strategic management personnel at PT LocknLock Indonesia and rigorously evaluated using variance-based Partial Least Squares Structural Equation Modeling (PLS-SEM). The empirical estimation reveals a counterintuitive reality: product innovation exerts no significant direct impact on firm performance. Instead, the structural model demonstrates that dynamic capabilities operate as an indispensable full mediator for product innovation and a partial mediator for competitive advantage, collectively explaining a substantial 82.0% of the variance in firm performance. These findings decisively dismantle deterministic linear commercialization assumptions, proving that latent innovation assets inevitably devolve into sunk costs without the institutional agility to sense macro-environmental disruptions, seize omnichannel ecosystems, and reconfigure legacy operational architectures. Ultimately, this research dictates a strategic paradigm shift for corporate executives, urging a pivot from exclusive investments in product engineering toward the aggressive cultivation of dynamic governance to secure long-term economic sustainability.
Human Capital Analytics and Supply Chain Agility: Orchestrating Adaptive Workforce Behavior via Integrated Reward Systems Sofi Darmawan
Journal of Strategic Innovation in Economics and Business Vol. 2 No. 1 (2026): Journal of Strategic Innovation in Economics and Business
Publisher : Yayasan Cerdas Pedia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65101/sinebis.v2i1.299

Abstract

The contemporary global supply chain landscape necessitates a strategic transition from lean cost efficiency toward adaptive agility and structural resilience. Despite massive investments in digital logistics infrastructure, organizations frequently encounter operational stagnation due to a technocentric bias that severely marginalizes human capital capabilities and analytical readiness. To address this strategic misalignment, this study presents a theory-building conceptual framework developed through a qualitative systematic literature review, utilizing the Ability-Motivation-Opportunity (AMO) framework and Resource Orchestration Theory (ROT). The conceptual analysis reveals that while predictive and prescriptive Human Capital Analytics (HCA) significantly enhance the cognitive capacity and adaptive maneuverability of the logistics workforce, these data-driven insights remain operationally dormant without proper catalytic mechanisms. The study posits that holistic reward systems act as a critical moderating variable, providing the intrinsic motivation required to convert static data intelligence into proactive, agile supply chain maneuvers amidst market disruptions. Through the lens of resource orchestration, aligning analytical human capital governance with flexible incentive architectures fundamentally establishes supply chain agility, directly amplifying downstream organizational logistics performance. Ultimately, securing a sustainable competitive advantage in Logistics 4.0 requires industry leaders to pivot toward humanizing their operational networks, demonstrating that the synergy between advanced data cognition and strategic reward calibration is the definitive engine for global supply chain innovation.
Hedonic Gratification Versus Risk Paranoia in the Sharing Economy: The Strategic Architecture of Generation Z Platform Retention Zahra Zaituna Khalida; Musawer Hakimi; Sheik Mohamed
Journal of Strategic Innovation in Economics and Business Vol. 2 No. 1 (2026): Journal of Strategic Innovation in Economics and Business
Publisher : Yayasan Cerdas Pedia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65101/sinebis.v2i1.300

Abstract

The global sharing economy faces a strategic paradox regarding user retention, particularly among Generation Z digital natives who demand immersive hedonic gratification yet simultaneously exhibit extreme risk paranoia. This study aims to structurally map the behavioral architecture of collaborative consumption by evaluating how hedonic value, perceived ease of use, and perceived risk influence behavioral intention through the mediation of consumer attitude. Employing a quantitative explanatory design, primary data was extracted from 400 Generation Z respondents in Central Java, Indonesia, and analyzed using Variance-Based Partial Least Squares Structural Equation Modeling (PLS-SEM). The empirical results demonstrate that hedonic value and perceived ease of use significantly cultivate positive attitudes, whereas perceived risk operates as a systemic cognitive destructor that substantially degrades these affirmative evaluations. Furthermore, attitude functions as the ultimate central mediator that deterministically drives sustainable collaborative consumption intentions. These findings theoretically advance the Stimulus-Organism-Response paradigm by proving that affective stimulation outpaces traditional utilitarian calculus within emerging digital markets. Strategically, this research provides a prescriptive blueprint for platform architects, compelling a managerial pivot toward digital infrastructures that simultaneously neutralize cybersecurity threats and deliver highly gamified experiences to secure long-term commercial viability.
Strategic Governance Innovation in State-Owned Enterprises: A Critical Case Study of Expatriate Director Appointments at PT Garuda Indonesia Fikri Zikra Akrama; Asyraf Rizki Widjajakoesoemah; Lina Yunita
Journal of Strategic Innovation in Economics and Business Vol. 2 No. 1 (2026): Journal of Strategic Innovation in Economics and Business
Publisher : Yayasan Cerdas Pedia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65101/sinebis.v2i1.436

Abstract

The integration of expatriate directors into State-Owned Enterprises (SOEs) presents a profound strategic paradox, frequently triggering tensions between sovereign socio-economic mandates and hyper-competitive commercial realities. This study investigates the unprecedented appointment of foreign executives at PT Garuda Indonesia by a sovereign wealth fund, challenging the narrative that state-subsidized equity recovery equates to a sustainable operational turnaround. Employing a theory-driven conceptual design, this research utilizes a critical instrumental case study approach. Data extracted from audited financial statements, regulatory frameworks, and verified public discourse were subjected to directed content analysis through the integrated theoretical lenses of Strategic International Human Resource Management (SIHRM), Contingency Theory, and the Resource-Based View. The empirical findings reveal that without rigorous gap analyses, expatriate recruitment is inherently driven by mimetic isomorphism rather than strategic capability acquisition. Furthermore, the systemic neglect of configurational cultural intelligence assessments and knowledge codification protocols exponentially increases the risks of strategic misalignment and organizational amnesia. To mitigate these macro-institutional frictions, this study proposes the SOE Expatriate Director Governance (SEDG) framework. By mandating independent oversight, explicit mandate charters, and transparent return-on-investment auditing, the SEDG framework provides a prescriptive blueprint to transition expatriate deployments from transient legitimacy signaling into institutionalized, long-term capability investments.

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