IDEAS home Printed from https://ideas.repec.org/a/asi/aeafrj/v14y2024i8p563-579id5148.html
   My bibliography  Save this article

Innovation capability as a survival strategy for MSMEs during the economic recovery from the COVID-19 pandemic

Author

Listed:
  • Liliana Inggrit Wijaya
  • Zunairoh Zunairoh
  • Faizal Susilo Hadi
  • Adhika Putra Wicaksono
  • Muhammad Izharuddin

Abstract

This study aims to analyze the effect of organizational learning on organizational performance and innovation ability’s moderating variables on the effect of organizational learning on organizational performance. A quantitative approach is used that focuses on hypothesis testing and measurable data and produces generalizable conclusions. The analysis technique used is structural equation modeling (SEM). The contribution of this research is unique because it gives a more specific balanced score card design for micro, small and medium enterprise (MSME) performance to capture dimensions not revealed in existing studies. The results of this study show that organizational learning (exploitation, exploration and ambidexterity) has a positive effect on innovation capability, and vice versa. The theoretical implication of this research is that it offers a broad perspective on how MSMEs function in a pandemic and the tactics they use to overcome adversity and become resilient. Organizational learning and innovation are the two variable components in this study and are utilized as the main drivers of small and medium-sized enterprise (SME) performance. This research has implications for entrepreneurs, as SMEs can apply the findings to enhance their business performance.

Suggested Citation

  • Liliana Inggrit Wijaya & Zunairoh Zunairoh & Faizal Susilo Hadi & Adhika Putra Wicaksono & Muhammad Izharuddin, 2024. "Innovation capability as a survival strategy for MSMEs during the economic recovery from the COVID-19 pandemic," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 14(8), pages 563-579.
  • Handle: RePEc:asi:aeafrj:v:14:y:2024:i:8:p:563-579:id:5148
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5002/article/view/5148/8023
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:aeafrj:v:14:y:2024:i:8:p:563-579:id:5148. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5002/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.