Moneta : Journal of Economics and Finance
Vol. 2 No. 2 (2024): April

Social Capital, Intellectual Capital On Performance And Competitiveness Of Indonesian Msmes Mediated By Technological Capability And Financial Capability

Maria Imelda Novita Susiang (Universitas Dian Nusantara)



Article Info

Publish Date
18 Apr 2024

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

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Journal Info

Abbrev

moneta

Publisher

Subject

Economics, Econometrics & Finance

Description

Moneta : Journal of Economics and Finance with ISSN Number 3030-8666 (Online) published by Indonesian Scientific Publication, published original scholarly papers across the whole spectrum of economics and finance. The journal attempts to assist in the understanding of the present and potential ...