HUMAN CAPITAL DEVELOPMENT STRATEGY IN THE COVID-19 PANDEMIC ERA OF MSMEs IN PANGKALPINANG CITY
(1) Universitas Bangka Belitung
(2) Universitas Bangka Belitung
(3) Universitas Bangka Belitung
(4) Universitas Bangka Belitung
(*) Corresponding Author
Abstract
As the backbone of the Indonesian economy, MSMEs continue to look for business models to achieve sustainable business performance. Human Capital is an essential factor in dealing with crises, where the Human Capital strategy consists of Knowledge, Competence, and Expertise. Therefore, the purpose of this study is to determine and analyze (1) the effect of Knowledge on Innovation, (2) the influence of Competencies on Innovation, (3) the influence of Innovation on Business Performance, and (4) the influence of Expertise on Business Performance (5) indirect effect from Transformational Leadership on the MSME scale up model through frugal innovation (6) the indirect effect of Knowledge on Business Performance through Innovation. The number of samples in this study was 101 SMEs in Pangkalpinang City. The data is processed using the Partial Least Squares analysis tool. The results of the analysis found that the Knowledge and Competencies variables have a significant influence on innovation. The innovation variable has no significant effect on Business Performance.
Innovation has not significantly affected business performance because the innovations carried out are still partial and not digital-based because digital literacy is still low. On the other hand, expertise has a significant effect on Business Performance. Thus, it shows that there is a need to increase the knowledge and competence of MSME actors to become innovative. Metacognitive skills, learning skills, thinking skills, knowledge, and motivation.
Full Text:
PDFReferences
Andiyanto, F., & Sufian, MS (2017). Analysis of the Effect of Market Orientation and Innovation on Competitive Advantage in Order to Improve Business Performance (Empirical Study on Small and Medium Scale Garment Industry in Kudus Regency) Frenky. Doctoral Dissertation, Diponegoro University, 1(2), 1–20.
Ardiana, IDKR, & Brahmayanti, IA (2003). Competence of SME HR and Its Influence on SME Performance in Surabaya. Management And Entrepreneurship, 12(1), 42–55.
Bidayani, E., & Reniati. (2021). Traditional Fisherman Resilience Strategy to Coastal Pollution Pressure Impact of Tin Mining in Central Bangka District. IOP Conference Series: Earth and Environmental Science, 741(1), 1–6. https://doi.org/10.1088/1755-1315/741/1/012071
Blanchard, PN (2006). Practical Training, Systems, Strategies, and Practices. Pearson Education India., 1–15.
Ferdinand, A. (2004). Selling-In Management Strategy: A Strategy Modeling Approach. Research Paper Series.
Fitri, H., Putra, RB, & Lusiana. (2020). THE EFFECT OF BUSINESS KNOWLEDGE ON BUSINESS PERFORMANCE THROUGH BUSINESS SKILL AND INNOVATION ON MSMES IN PADANG CITY IN THE INDUSTRIAL ERA 4 . 0. Benefit, 5(1), 39–49.
Gemina, D., & Ginanjar, A. (2019). PERFORMANCE OF MIRO SMALL MEDIUM FOOD BUSINESS IN CIANJUR REGENCY BASED ON COMMITMENT, COMPETENCE AND BUSINESS MOTIVATION. Visionide, 5(2), 1–12.
Hadi, S., & Purwati, AA (2020). SOCIAL CAPITAL AND INNOVATION ON SOCIAL MSME BUSINESS PERFORMANCE. Journal of Economics, Business and Accounting, 4(1), 255–262.
Hamali, S. (2012). The effect of innovation on business performance in the small apparel industry in Bandung. Sustainable Competitive Advantage, 4(1), 311–323.
I., N., & H., T. (1995). "The Knowledge-Creating Company: How Japanese Companies Create the Dynamics of Innovation." Oxford University.
Indrawati, V. (2013). THE EFFECT OF EXPERTISE, REPUTATION, AND USABILITY ON REPURCHASE INTENTION THROUGH RELATIONSHIP QUALITY ON AIR ASIA ON-LINE TICKETING IN SURABAYA. Scientific Journal of Management Students, 1(3), 1–8.
J., Vuksic, VBR, & Stemberger, MI (2018). The impact of knowledge management on organizational performance. Economic and Business Review for Central and South-Eastern Europe, 14(2), 147.
Karmilati, K., & Purbasari, RN (2012). Anik Nurhidayati, SE., MM. Journal of Business and Accounting, 14(3), 227–238.
Kurniawan, A., Azib, & Nurdin. (2015). The Influence of the Dimensions of the Innovation Strategy on the Company's Financial Performance (pp. 1–7).
Ludiya, E., & Mulyana, AR (2020). The influence of entrepreneurial characteristics and innovation on business performance in fashion SMEs in the city of Cimahi. FEB Unmul, 17(1), 113–120.
Mardlillah, AI, & Rahardjo, K. (2017). EFFECT OF KNOWLEDGE SHARING ON INDIVIDUAL COMPETENCE AND EMPLOYEE PERFORMANCE (Study on Non-Medical Employees of Lavalette Hospital Malang). Business Administration, 46(2), 28–36.
Paraswati, SN, & Laily, N. (2018). THE EFFECT OF HUMAN RESOURCE COMPETENCE ON BUSINESS PERFORMANCE OF WOMEN'S MANGROVE BATIK SURABAYA Silfia Nora Paraswati Nur Laily Indonesian College of Economics (STIESIA) Surabaya. Management Science And Research, 7(3), 1–16.
Purnamasari, P., Mulyadi, H., & Tarmedi, E. (2019). Entrepreneurship Competence and Entrepreneurial Motivation in Improving Business Performance. Journal Of Business Education, 4(2), 32–41.
Reniati, R., Santi, R., & Sabri, F. (2019). The business's model success and the featured SMEs' competitiveness in Bangka Belitung province island. Humanities and Social Sciences Reviews, 7(4), 659–676. https://doi.org/10.18510/hssr.2019.7486
Salleh, MK, Hidayah, N., Lisa, N., & Moaffyza, M. (2015). Competency of adult learners in learning: Application of the Iceberg Competency Model. Procedia - Social and Behavioral Sciences, 204(November 2014), 326–334. https://doi.org/10.1016/j.sbspro.2015.08.160
Sari, NP (2020). EFFECT OF INTELLECTUAL CAPITAL ON BUSINESS PERFORMANCE IN SMEs IN SIDOARJO REGENCY (Empirical Study on SMEs in Industry) Nurul Puspita Sari Department of Accounting, Faculty of Economics, State University of Surabaya, Indonesia. Accounting, Unesa Journal, 8(3), 1–8.
Satwika, NKP, & Dewi, NMWK (2018). THE INFLUENCE OF MARKET ORIENTATION AND INNOVATION ON ADVANTAGE. Unud Management E-Journal, 7(3), 1481–1509.
Tiwana, A. (2018). The knowledge management toolkit: practical techniques for building a knowledge management system.
Widiawati, K. (2018). The role of employee competency standards as an effort to improve service excellence in the banking business in Indonesia. Scientific Journal of Administrative Sciences and Secretaries, 1(2), 17–31.
Winarto, WWA (2020). THE EFFECT OF KNOWLEDGE MANAGEMENT ON IMPROVING MSME PERFORMANCE WITH COMPETENCE AS A MODERATION VARIABLE. Business Management Analysis Journal, 3(2), 141–157.
Yixiang, Z., Yulin, F., Ke, WK, Elaine, R., & Huaping, C. (2009). Repurchase Behavior in B2C E-Commerce: A Relationship Quality Perspective, USTC City U Joint Advanced Research Center. , University of Science and Technology of China, Suzhou.
Yuliana, R., & Pujiastuti, Y. (2018). ENTREPRENEURSHIP ORIENTATION, MARKET ORIENTATION, AND BUSINESS STRATEGY TO BUSINESS PERFORMANCE. Tirtayasa Ekonomika, 13(2), 320–329.
Zuliyanti, BNA., & Delima, ZM (2017). The Influence of Intellectual Capital on MSME Performance (Case Study on MSMEs in Kudus Regency). Journal of Accounting and Finance, 6(2), 181–200.
DOI: http://dx.doi.org/10.33019/ijbe.v6i3.561
Article Metrics
Abstract view : 505 timesPDF - 248 times
Refbacks
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution 4.0 International License.
Integrated Journal of Business and Economics is licensed under a Creative Commons Attribution 4.0 International License.
