A STUDY OF THE INNOVATION POWER OF SMEs IN SEMARANG

Authors

  • Ibnu Widiyanto Economics and Business Faculty of Diponegoro University Jl. Erlangga Tengah 17, Semarang 50275

:

https://doi.org/10.9744/jmk.16.2.131-140

Keywords:

Innovation Power, Competitive Advantage, SMEs

Abstract

The objective of this study was to analyze the reasons why a business could sustain its life. The approaches used were industrial based approach and micro business unit approach. The sampling method was purposive sampling combined by convenience sampling technique.The amount of samples were 100. The method of analysis used were nonparametric statistics and regression analysis. The study found that the innovation power of SMEs in Semarang was quite small (around 5%). This finding was expected to benefit  business actors in Indonesia, namely to help increase innovation power so that their businesses could survive and continue to exist.

References

Aaker, D. A. 1989. Managing Assets and Skills: The Key to a Sustainable Competitive Advantage. California Management Review, 31(2): 91–106.

Amabile, T. M., Conti, R., Coon, H., Lazenby, J., & Herron, M. 1996. Assessing the Work Environ-ment for Creativity. Academy of Management Journal, 39(5): 1154–1184.

Barney, J. 1991. Firm Resources and Sustained Com-petitive Advantage. Journal of Management, 17(1): 99–120.

______. 1997. Gaining and Sustaining Competitive Advantage. Reading, MA: Addison-Wesley.

Berndt, E. R. & Christensen, L. R. 1973. The Inter-nal Structure of Functional Relationships: Sepa-rability, Substitution and Aggregation. Review of Economic Studies, 40: 403–410.

Booz, A. 1982. New Product Management for the 1980’s. New York: Booz, Allen & Hamilton, Inc.

Caballero, R. J. & Richard, K. L. 1992. External Effects in US Procyclical Productivity. Journal of Monetary Economics, 29(2): 209–225.

Cooper, R. G. & Kleinschimidt, E. J. 2000. New Pro-duct Performance: What Distinguishes theStar Products. Australian Journal of Management, 25(1): 17–45.

Easterly, W. & Levine, R. 2001. It’s Not Factor Ac-cumulation: Stylized Facts and Growth Models. The World Bank Economic Review, 15: 177–219.

Feder, M. & Merhav, N. 1993. Relations between Entropy and Error Probability. Information Theory, Proceedings in IEEE International Symposium, January 1 –22, 1993..

Ferdinand, A. 2003. Sustainable Competitive Advan-tage: Sebuah Eksplorasi Model Konseptual. Semarang: Badan Penerbit Universitas Dipone-goro

Gatignon, H. & Xuereb, J. 1997. Strategic Orientation of the Firm and New Product Performance. Journal of Marketing Research, 34(1): 77–90.

Gollin, D. 2002. Getting Income Shares Right. Journal of Political Economy, 110 (2): 458–474.

Grant, R. M. 1991. The Resource-Based Theory of Competitive Advantage: Implications for Strate-gy Formulation. California Management Re-view, 33(3): 114–135.

Han, J., Kim, N., & Srivastava, R. 1998. Market Orientation and Organizational Performance: Is Innovation the Missing Link? Journal of Mar-keting, 62(4): 30–45.

Harberger, A. C. 1988. A Vision of the Growth Pro-cess. American Economic Review, 88(1): 1–32.

Hurley, R. R. & Hult, T. M. G. 1998. Innovation, Market Orientation, and Organizational Learn-ing: An Integration and Empirical Examination. Journal of Marketing, 62(4): 42–54.

İşcan, T. 1998. The Terms of Trande, Productivity Growth and the Current Account. Journal of Monetary Economics, 45(3): 587–611.

Kim, L. S. 1997. Imitation to Innovation: The Dyna-mics of Korea’s Technological Learning. Harvard: Harvard Business School Press.

Kohli, A. & Jaworski, B. 1990. Market Orientation: The Construct, Research Propositions and Managerial Implications. Journal of Marketing, 54(2): 1–18.

Krugman, P. R. 1986. Strategic Trade Policy and the New International Economics. Cambridge, MA: MIT Press.

Lee, J. K. 1991. Modelling and Measuring Technical Change and Productivity Growth. Ph.D. Disser-tation. USA: University ofIllinois.

Lukas, B. A. & Ferrell, O. C.2000. The Effect of Market Orientation on Product Innovation. Journal of the Academy of Marketing Science, 28(2): 239–247.

Mollona, E. 1998. Resource Accumulation Systems, Corporate Competence Evolution and Emergent Strategic Behaviour: A Feedback Approach. London: University of London.

Munfaat, I. 2003. Membangun Keunggulan Produk. Jurnal Sains Pemasaran Indonesia, 2(3): 219–232.

Narver, J. & Slater, S. 1991. The Effect of a Market Orientation on Business Profitability. Journal of Marketing, 54: 20–35.

Oliver, C. 1997. Sustainable Competitive Advantage: Combining Institutional and Resource-Based Views. Strategic Management Journal, 18(9): 697–713.

Olson, E. M., Walker, O. C. Jr., & Ruekert, R. W. 1995. Organizing for Effective New Product De-velopment: The Moderating Role of Product In-novativeness. Journal of Marketing, 59(1): 48–62.

Penrose, E. T. 1959. The Theory of the Growth of the Firm. Oxford: Basil Blacwell.

Prescott, E. C. 1998. Needed: A Theory of Total Factor Productivity. International Economic Review, 39(3): 525–551.

Romer, D. 2000. Keynesian Macroeconomics with-out the LM Curve. Journal of Economics Perspectives, 14(2): 149–169.

Sanchez, R. & Heene, A. 2004. The New Strategic Management: Organization, Competition, and Competence. New York: John Wiley & Sons.

Sjöholm, F. 1997. Exports, Imports, and Productivity: Results from Indonesian Stablishment Data. The European Institute of Japanese Studies, 27(4): 705–715. Solow, R. M. 1957. Technical Change and the Aggregate Production Function. Review of Economics and Statistics, 39(3): 312–320. _______. 1962. Substitution and Fxed Proporti-ons in the Theory of Capital. Review of Economic Studies, 29: 207–218.

Song, X. M. & Parry, M. E. 1997. The Determinants of Japanese New Product Successes. Journal of Marketing Research, 34(1): 64–76.

Widiyanto, I. 2004. Essays on Growth, Productivy and the Oil Industry in Indonesia. Ph.D. Disertation. Canada: Dalhousie University.

_______. 2008. Pointers Metodologi Penelitian. Semarang: BP Undip Semarang.

Young, A. 1995. Tyranny of Numbers: Confronting the Statistical Realities for the East Asian Growth Experience. The Quarterly Journal of Economics, 110(3): 641–680.

Zaltman, G., Duncan, R., & Holbeck, J. 1973. Inno-vations and Organizations. New York: Wiley.

Downloads

Published

2014-09-01

How to Cite

Widiyanto, I. (2014). A STUDY OF THE INNOVATION POWER OF SMEs IN SEMARANG. Jurnal Manajemen Dan Kewirausahaan, 16(2), 131-140. https://doi.org/10.9744/jmk.16.2.131-140