Exploration of Innovation in Sustainability to Financial Performance in the Perspective of SMEs

DOI

10.2991/978-2-38476-132-6_69How to use a DOI?

Keywords

Innovation; Sustainability; Financial; Performance; SMEs

Abstract

Today, we are living in the rapid changing environment. This changing has been pushed every corporation have to anticipated in the form of proper way and innovative actions. Innovations in business should be in the frame work of going concern of living worlds. This study aims to give an explorations regarding the innovation of sustainability to financial performance in the perpective of SMEs actor. Based on general opinion, SMEs have some limitations such as in the quality and quantity of human resources, the capital to run business and so on. By knowing the perspective of SMEs actors regarding the innovation in sustainability to financial performance, such as sales, profit we could derived proper policy and programs to promote the environmental awareness keep sustained in the crisis time. There are a great expectation of contribution of the SMEs to accelerated achievement of recovery pasca covid-19 pandemic. The methods of this study qualitative study and try to finds the answer by descriptive analysis approach and review some literature and recent study regarding the topic. Next, to confirm the findings by indepth interviews to some key informants such as Kepala Desa, Tokoh Desa, SMEs actors, . The study revealed the innovation of sustainability moderately affected the some indicators of financial performance. Hope will give the contribution either practical aspects but also literature aspects. There are some opportunity for future study regarding innovation in sustainability to financial performance such as, sales, profit, omzet and so on. The next future directions is study on the sample cross coutry to increase generalizations of the conclusions.

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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TY  - CONF
AU  - Marsdenia
PY  - 2023
DA  - 2023/10/31
TI  - Exploration of Innovation in Sustainability to Financial Performance in the Perspective of SMEs
BT  - Proceedings of the 6th International Conference on Vocational Education Applied Science and Technology (ICVEAST 2023)
PB  - Atlantis Press
SP  - 823
EP  - 830
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-132-6_69
DO  - 10.2991/978-2-38476-132-6_69
ID  - 2023
ER  -