Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2022)

Confirmation of Innovation Capabilities, Intellectual Capital, Entrepreneurship Orientation, and Performance SMEs Batik in East Java

Authors
M. Taufiq Noor Rokhman1, *, Armanu2, Margono Setiawan2, Rofiaty2
1Doctorate Program of Management Science, Faculty of Economics, University of Brawijaya, Malang, Indonesia
2Faculty of Economics, University of Brawijaya, Malang, Indonesia
*Corresponding author. Email: opik.unidha@gmail.com
Corresponding Author
M. Taufiq Noor Rokhman
Available Online 16 May 2023.
DOI
10.2991/978-94-6463-178-4_19How to use a DOI?
Keywords
Intellectual capital; Entrepreneurial orientation; Innovation capability; MSME performance
Abstract

This study aims to obtain confirmatory empirical evidence of the factors of innovation ability, intellectual capital, and entrepreneurial orientation to improve the performance of Batik SMEs in East Java. The population in this study is the owner of Batik SMEs in East Java with a total sample of 140 respondents. Analysis of the data used in this study is Confirmatory Factor Analysis. The results showed that human capital is the strongest indicator of intellectual capital formation. Risk taking is the strongest indicator in shaping entrepreneurial orientation. Marketing innovation is the strongest indicator in shaping innovation capability. Marketing performance is the strongest indicator of the performance of batik SMEs in East Java. For SME owners, it is necessary to increase intellectual capital related to social capital by cooperating with other batik entrepreneurs and setting aside a small part of the profits for the benefit of the citizens. More proactive in seeking market opportunities and marketing new products to new markets and increasing product innovation by creating products with different motifs and creating products with matching color combinations. In addition, seeking market opportunities and marketing new products to new markets is an important strategy and is able to increase product innovation with different motifs and matching color combinations.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
16 May 2023
ISBN
978-94-6463-178-4
ISSN
2352-5428
DOI
10.2991/978-94-6463-178-4_19How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - M. Taufiq Noor Rokhman
AU  - Armanu
AU  - Margono Setiawan
AU  - Rofiaty
PY  - 2023
DA  - 2023/05/16
TI  - Confirmation of Innovation Capabilities, Intellectual Capital, Entrepreneurship Orientation, and Performance SMEs Batik in East Java
BT  - Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2022)
PB  - Atlantis Press
SP  - 179
EP  - 190
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-178-4_19
DO  - 10.2991/978-94-6463-178-4_19
ID  - Rokhman2023
ER  -