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All Journal International Journal of Business, Law, and Education INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Moneta : Journal of Economics and Finance Commercium : Journal of Business and Management
Maria Imelda Novita Susiang
Universitas Dian Nusantara
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Neuroscience Social Sciences Other

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MAINTAINING EMPLOYEE RETENTION AND EMPLOYEE ENGAGEMENT IN FAMILY-OWNED MSMES IN INDONESIA THROUGH COMPENSATION AND LEADER COMPETENCE Maria Imelda Novita Susiang
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 3 (2024): March
Publisher : Adisam Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study explores the complex dynamics of sustaining worker engagement and retention in family-run Micro, Small, and Medium-Sized Enterprises (MSMEs) in Indonesia, emphasizing the functions of leader competency and remuneration. 245 individuals from different family-owned MSMEs participated in the study, which used a quantitative methodology. To examine the connections between pay, leader competency, employee retention, and engagement, structural equation modeling (SEM) with partial least squares (PLS) was used. Strong validity and reliability were demonstrated by the measurement model, validating the applicability of the selected indicators. The structural model showed that there are strong positive correlations between pay, the ability of leaders, and employee engagement and retention. These results were also strongly impacted by the interaction effects of leader competency and compensation. The adequacy of the suggested model was confirmed by the goodness-of-fit indexes. By offering factual support and practical advice for family-owned MSMEs looking to improve employee engagement and retention, our findings add to the body of literature already in existence.
Dynamic Capabilities, Resources, and Social Capital in Creating Sustainable Competitive Strategies in Indonesian MSME Maria Imelda Novita Susiang
International Journal of Business, Law, and Education Vol. 5 No. 1 (2024): International Journal of Business, Law, and Education (January - June) Ongoing
Publisher : IJBLE Scientific Publications Community Inc.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56442/ijble.v5i1.499

Abstract

The purpose of this study is to better understand how Indonesian Micro, Small, and Medium-Sized Enterprises (MSMEs) shape sustainable competitive strategies through the interaction of dynamic capabilities, resources, and social capital. The study employed a quantitative methodology that utilized Structural Equation Modeling with Partial Least Squares (SEM-PLS 3) to extract data from a representative sample of 232 MSMEs located in different industries and geographies. The results show that social capital, resources, dynamic capacities, and sustainable competitive strategies are all positively correlated. The study also reveals the mediating functions of social capital and resources in converting dynamic capabilities into long-term competitive advantages. With a robust R-squared value and a Goodness of Fit (GoF) rating of 0.68, the model demonstrates a substantial fit, indicating its adequacy in explaining the intricacies of the MSME environment in Indonesia. These revelations have important ramifications for developing theories as well as useful tactics to raise MSMEs' competitiveness in Indonesia.
Social Capital, Intellectual Capital On Performance And Competitiveness Of Indonesian Msmes Mediated By Technological Capability And Financial Capability Maria Imelda Novita Susiang
Moneta : Journal of Economics and Finance Vol. 2 No. 2 (2024): April
Publisher : Indonesian Scientific Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61978/moneta.v2i2.217

Abstract

Micro, Small, and Medium-Sized Enterprises (MSMEs) in Indonesia are significant because of their technological prowess, financial know-how, and social and intellectual capital, all of which impact their competitiveness and overall performance. Partial Least Squares Structural Equation Modeling (PLS-SEM) was used in a quantitative survey with 236 MSMEs using a Likert scale to investigate these relationships. Social capital and technological capability, intellectual capital and technological competence, social capital and financial capability, and intellectual capital and financial capability were found to have positive and significant direct correlations. Additionally, the performance and competitiveness of MSMEs were positively impacted by financial and technological skills. The study validated the functions of financial and technological capacities as mediators in the associations between MSME competitiveness and social and intellectual capital. The suggested conceptual framework was supported by the structural model's satisfactory goodness-of-fit indices, which also offered detailed insights into the dynamics of Indonesian MSMEs. The results highlight how important intangible assets and competencies are in determining competitiveness and performance
Business Incubators In The Entrepreneurship Ecosystem In Indonesia Mediated By Government Support And Intellectual Capital Maria Imelda Novita Susiang
Commercium : Journal of Business and Management Vol. 2 No. 2 (2024): May
Publisher : Indonesian Scientific Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61978/commercium.v2i2.215

Abstract

This research looks at the dynamic interplay in Indonesia's entrepreneurial ecosystem between government funding, intellectual capital, and the success of business incubators. Using quantitative methods, we surveyed 150 business owners involved with several incubators, investigating the intricacies of government programmes, intellectual capital dynamics, and the perceived effectiveness of these incubators. Structural Equation Modelling with Partial Least Squares (SEM-PLS) was used to examine the survey data, uncovering complex correlations and explaining the mediating role of intellectual capital. Our findings have practical consequences for policy makers, incubator managers, and entrepreneurs aiming for sustainable firm growth. These findings also provide additional insights to the theoretical framework that directs entrepreneurship research in the implications of these results.
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