Innovation and Business Strategy at State-Owned Enterprises: Evidence From Indonesia

Iqbal, Muhammad; Sucherly, Sucherly; Azis, Yudi; Kaltum, Umi

doi:10.2991/aebmr.k.200205.029

Cited by 2 publications

(1 citation statement)

References 24 publications

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“…Through social media, a company can easily build its brand to increase its business activity (Cestyakara, 2013;Martyr & Gambett, 2013;Odoom et al, 2017). Thus, social media marketing helps SMEs in Indonesia to encourage them to invest more in digital marketing (Chatterjee & Kar, 2020;Mayasari, 2019;Iqbal et al, 2020).…”

Section: Social Media Marketingmentioning

confidence: 99%

The Shifting of Business Activities during the COVID-19 Pandemic: Does Social Media Marketing Matter?

Patma¹,

Wardana²,

Wibowo³

et al. 2020

JAFEB

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The implementation of physical or social distancing during the Covid-19 pandemic has an implication on the shifting of conventional to online business activities. This study aims to explore how financial support, perceived benefits, external pressure determine social media marketing as well as understanding the role of internet and e-business technology (IEBT) that occurs in this relationship. This study adopted a quantitative study with Structural Equation Modeling (SEM)-based variance Partial Least Square (PLS), which aims to enhance understanding of the relationship between variables. The surveyed population of this study came from 123 small-and medium-sized enterprise (SME) owners in East Java of Indonesia, using an online survey and selected with the convenience random sampling method. The findings of this study indicated that the perceived benefits and external pressure have a positive effect on the adoption of IEBT. However, financial support failed in explaining SMEs' adoption of IEBT. This study confirmed that the adoption of IEBT has successfully mediated the influence of financial support, perceived benefits, and external pressure on social media marketing. Despite the samples solely collected from East Java, this study is the first step in research related to the social media marketing in SMEs in Indonesia.

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Section: Social Media Marketingmentioning

confidence: 99%

The Shifting of Business Activities during the COVID-19 Pandemic: Does Social Media Marketing Matter?

Patma¹,

Wardana²,

Wibowo³

et al. 2020

JAFEB

View full text Add to dashboard Cite

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Factors affecting performance excellence in Indonesian state-owned enterprises

Iqbal,

Azis,

Sucherly

et al. 2023

Problems and Perspectives in Management

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State-owned enterprises (SOEs) have a strategic position as architects of public services, balancing large private powers, helping to foster small businesses or cooperatives, and a considerable basis of state revenue in numerous forms of taxes and dividends. For Indonesia to compete in the global market, its economic actors (private sector, SOEs, and cooperatives) must amplify their performance. This paper aims to explore the factors affecting performance excellence in Indonesian SOEs, namely business environment and innovation capability through business strategy. Data were obtained from questionnaires distributed to 100 directors/managers representing SOEs in 12 clusters. The partial least squares structural equation modeling (PLS-SEM) procedures were operated to evaluate the path coefficients and identify the pivotal factors of each construct using SmartPLS. The results exhibited that the business environment (β = 0.357, p &lt; 0.05) and innovation capability (β = 0.518, p &lt; 0.05) positively and significantly affected Indonesian SOEs’ business strategy. Meanwhile, business environment (β = 0.263, p &lt; 0.05), innovation capability (β = 0.273, p &lt; 0.05), and business strategy (β = 0.459, p &lt; 0.05) positively and significantly affected SOEs performance excellence. Moreover, business strategies can partially mediate the effect of the business environment (β = 0.164, p &lt; 0.05) and innovation capability (β = 0.238, p &lt; 0.05) on performance excellence. An important implication of this study is that to maintain and improve performance excellence, SOEs must first focus on the capability of innovation to initiate the implementation of business strategies by constantly addressing the business environment.

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Innovation and Business Strategy at State-Owned Enterprises: Evidence From Indonesia

Cited by 2 publications

References 24 publications

The Shifting of Business Activities during the COVID-19 Pandemic: Does Social Media Marketing Matter?

The Shifting of Business Activities during the COVID-19 Pandemic: Does Social Media Marketing Matter?

Factors affecting performance excellence in Indonesian state-owned enterprises

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