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The Effect of Innovation, Risk-Taking, and Proactiveness on Business Performance Among MSMEs in Jakarta

Year: 2022

Type: conference-paper

Abstract: The purpose of this study is to determine empirically the effect of innovation, risk taking, and proactiveness towards business performance.The sample used in this study were owners of micro, small and medium enterprises (MSMEs) in North Jakarta.The sampling technique used is probability sampling with a total sample of 80 respondents who were collected through an online questionnaire using google form.The data obtained and analyzed using Structural Equation Modeling (SEM) and processed using SmartPLS application version 3.3.3.The results found in this study are that innovation and risk taking have a significant positive effect on business performance, while proactiveness has an insignificant positive effect on business performance.

Source: Advances in economics, business and management research/Advances in Economics, Business and Management Research

DOI: 10.2991/aebmr.k.220501.008

Authors: Ivy Theresa, Nur Hidayah

Institution: Tarumanagara University

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: hybrid

OpenAlex ID: W4285258218