The company that is synonymous with the application of science and technology is the manufacturing industry (Krmela et al., 2022). Manufacturing companies in Indonesia have been accustomed to the use of technology in their production activities so far, because technology really helps the company’s production to be more effective (Muchran, 2020). This study examines the effect of innovation efficiency on firm performance and the moderating role of ownership concentration on this effect. This study examines innovation efficiency as the optimal combination of innovation input and innovation output. The inputs used are research and development expenses, machine repair expenses, and information technology purchases. Meanwhile, the output of innovation. This study used 616 annual reports of manufacturing companies from 2013 to 2018. The analytical technique used is a moderated regression analysis. The results show that efficiency is positively and significantly correlated with company performance. In addition, the results of the study provide evidence of concentrated ownership, encouraging managers to be more intensive in carrying out innovation efficiency so that it affects increasing company performance. These findings show that there is efficiency in innovation projects that can improve company performance, and companies with concentrated ownership find it easier to carry out innovation efficiency because of the active involvement of shareholders in the management process when innovation projects are implemented aimed at improving company performance.
Indonesian women are greatly interested in home industries, including batik industry. Obviously, they possess self-efficacy and creativity to pursue their entrepreneurship desire. However, their innovative behavior can be weaken due to management barriers and marketing problems that decrease their product sales. Hence, this study aims to investigate whether or not a web-based marketing management model is applicable for female entrepreneurs of Jonegoro batik. This is an experimental research with samples of 35 female entrepreneurs of Jonegoro batik in Bojonegoro. Furthermore, this study suggests applying one of marketing methods, i.e. online marketing or e-commerce to overcome the obstacles of product sales. Information systems on e-commerce for small and medium enterprises is equipped with features as a campaign media and buying and selling transactions with consumers. The system was created with PHP and MySQL. This marketing information system contains sales reports, products inventory, and product data search process. Moreover, the results of system application are able to provide customers options for buying and selling transactions so that data management is more effective. Furthermore, this research provides adequate information on how to increase sales and customer loyalty towards Jonegoroan batik SMEs.
The purpose of this study is to analyze and explain empirical evidence in the automotive industry about the effect of company size, company growth, and intellectual capital on financial performance and company value. The approach used in this research is quantitative. The results showed that company size, company growth, and intellectual capital have an effect on financial performance. Firm size and intellectual capital, and financial performance have a significant effect on firm value. While the company's growth has no significant effect on firm value. Judging from the indirect effect, financial performance mediates the influence of company size, company growth and intellectual capital on firm value. Future research can also conduct further research on automotive companies using the same variables and in measuring company size and company growth can add indicators and also use primary data by conducting interviews with the company, so that the results of measuring company size and company growth are more comprehensive.
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