JCRS (Journal of Community Research and Service)
Vol 3, No 1: January 2019

STRATEGY OF INTELLECTUAL MODEL AND BUSINESS INNOVATION TO IMPROVE CREATIVE INDUSTRY COMPETITIVENESS IN MEDAN CITY

Kustoro Budiarta (Faculty of Economic, Universitas Negeri Medan, Medan, Indonesia)
Andri Zainal (Faculty of Economic, Universitas Negeri Medan, Medan, Indonesia)



Article Info

Publish Date
27 Aug 2019

Abstract

The aim of this researh is to develop a model of creative industry competitiveness based on the management of intellectual capital strategies (human capital and social capital) and business model innovation and operationally this research aims: 1) to know the human capital model to improve the competitiveness of creative industries in Medan ; 2) knowing the social capital model to improve the competitiveness of creative industries in Medan; 3) knowing the innovation of business models developed to improve the competitiveness of creative industries in Medan City. In this second year (2018), research data will be collected using a valid and reliable questionnaire. Data analysis was carried out in two stages namely descriptive and inferential. The results of this study indicate that: 1). Human capital has a positive and significant effect on social capital with a path coefficient of 0.79; 2). Human capital has a positive and significant effect on business model innovation with a path coefficient of 0.46; 3). Social Capital has a positive and significant effect on business model innovation with a path coefficient of 0.28; 4). Human capital has a positive and significant effect on competitiveness with a path coefficient of 0.59; 5). Social capital has a positive and not significant effect on competitiveness with a path coefficient of 0.04; and 6). Business model innovation has a positive and significant effect on competitiveness with a path coefficient of 0.37. In this case, human capital has the highest value in influencing the competitiveness of the creative industries in Medan.Keywords: Human Capital, Social Capital, Business Model Innovation, Creative Industry Competitiveness, Medan City.

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Journal Info

Abbrev

jcrs

Publisher

Subject

Education Social Sciences

Description

Journal of Community Research and Service (JCRS) is an international multidisciplinary and peer-reviewed journal published by The Center of Community Service of State University of Medan. JCRS is designed to publish research and case studies of university-community engagement initiatives, analyses ...