SUSTAINABLE ENTREPRENEURIAL ORIENTATION, COMPETITIVE ADVANTAGE TERHADAP BUSINESS PERFORMANCE PADA UMKM: MODEL SEM-PLS [SUSTAINABLE ENTREPRENEURIAL ORIENTATION AND COMPETITIVE ADVANTAGES ON PERFORMANCE BUSINESS: STUDY ON MSMES IN BATAM CITY]

Venny Venny, Mohamad Trio Febriyantoro

Abstract


The purpose of this study is to empirically testing the role of sustainable entrepreneurial orientation and competitive advantage on business performance of Micro Small Medium Entreprises. This study presents two independent variables (sustainable entrepreneurial orientation and competitive advantage) and one dependent variable (business performance of MSMEs). This research is using quantitative method. Respondents of this research are the owner of MSMEs which is choosen by using non probability sampling method with convenience sampling technique. The number of samples collected in this study are 100 owners of MSMEs. The data is analyze using Structural Equation Modeling with Partial Least Square approach (SEM PLS). The result of this research shows that SEO has no significant effect on business performance of MSMEs. SEO has significant effect on business performance of MSMEs if mediates by competitive advantage which have full mediation role. This research can be use as reference for the owner of MSMEs to maintain good business performance. Using the right strategy alone is not enough to maintain good business performance, but must be supported by offering unique products and services (differentiation products and services) and continue to innovate on products and services so it will create a new value.

Abstrak dalam Bahasa Indonesia.Penelitian ini bertujuan untuk menguji secara empiris peran sustainable entrepreneurial orientation, keunggulan bersaing, dan kinerja bisnis pada UMKM. Penelitian ini menyajikan dua variabel independen (sustainable entrepreneurial orientation dan keunggulan bersaing) dan satu variabel dependen (kinerja bisnis pada UMKM). Metode penelitian yang digunakan dalam penelitian ini adalah metode pendekatan kuantitatif. Responden dalam penelitian ini adalah pelaku usaha UMKM atau owner dari UMKM yang dipilih menggunakan metode non probability sampling dengan teknik convenience sampling. Jumlah sampel yang terkumpul dalam penelitian ini adalah 100 pelaku usaha UMKM. Data dianalisa menggunakan Structural Equation Modeling dengan pendekatan Partial Least Square (SEM PLS). Hasil penelitian menunjukkan bahwa SEO tidak berpengaruh secara signifikan terhadap kinerja bisnis pada UMKM. SEO berpengaruh secara signifikan terhadap kinerja bisnis pada UMKM apabila dimediasi oleh keunggulan bersaing yang mempunyai peran full mediation. Penelitian ini dapat digunakan sebagai referensi oleh para pelaku bisnis UMKM untuk mempertahankan kinerja bisnis yang baik. Penggunakan strategi yang tepat saja tidak cukup dalam mempertahankan kinerja bisnis yang baik, melainkan harus didukung dengan menawarkan produk dan jasa yang unik (diferensiasi produk dan jasa) dan terus berinovasi terhadap produk dan jasa sehingga menciptakan suatu nilai yang baru.


Keywords


Sustainable Entrepreneurial Orientation; Keunggulan Bersaing; Kinerja Bisnis; UMKM



DOI: http://dx.doi.org/10.19166/derema.v15i2.1952

References


Altinay, L., Madanoglu, M., De Vita, G., Arasli, H., & Ekinci, Y. (2016). The interface between Organizational Learning Capability, Entrepreneurial Orientation, and SME Growth. Journal of Small Business Management, 54(3), 871–891. https://doi.org/10.1111%2Fjsbm.12219

Anwar, M. (2018). Business model innovation and SMEs performance-Does competitive advantage mediate? International Journal of Innovation Management, 22(7), 1–31. https://doi.org/10.1142%2Fs1363919618500573

Aribawa, D. (2016). Pengaruh literasi keuangan terhadap kinerja dan keberlangsungan UMKM di Jawa Tengah. Jurnal Siasat Bisnis, 20(1), 1–13. https://doi.org/10.20885%2Fjsb.vol20.iss1.art1

Bahar, H. (2019). Analisis Kemampuan Intelektual Menyusun Laporan Keuangan terhadap Daya Saing Bagi UMKM di Kota Batam dalam Menghadapi Masyarakat Ekonomi ASEAN. Journal of Applied Managerial Accounting, 3(2), 205–213. https://doi.org/10.30871/jama.v3i2.1568

Barney, J. (1991). Firm resource and sustained competitive advantage. Journal of Management, 17(1), 99–120. https://doi.org/10.1177%2F014920639101700108

Batam Pos. (2019). Ada 81.486 usaha mikro kecil dan menengah di Kota Batam. https://batampos.co.id/2019/06/24/ada-81-486-usaha-mikro-kecil-dan-menengah-di-kota-batam/

Bos-Brouwers, H. E. J. (2010). Corporate sustainability and innovation in SMEs: Evidence of themes and activities in practice. Business Strategy and the Environment, 19(7), 417–435. https://doi.org/10.1002%2Fbse.652

Brettel, M., & Rottenberger, J. D. (2013). Examining the link between entrepreneurial orientation and learning processes in small and medium-sized enterprises. Journal of Small Business Management, 51(4), 471–490. https://doi.org/10.1111%2Fjsbm.12002

Chang, C. H. (2011). The Influence of Corporate Environmental Ethics on Competitive Advantage: The Mediation Role of Green Innovation. Journal of Business Ethics, 104(3), 361–370. https://doi.org/10.1007%2Fs10551-011-0914-x

Chin, W. W. (1998). The partial least squares approach to structural modeling. In G. A. Marcoulides (Ed.), Modern Methods for Business Research. Marwah: Lawrence Erlbaum.

Chittithaworn, C., Islam, A., Keawchana, T., & Muhd Yusuf, D. H. (2011). Factors affecting business success of small & medium enterprises (SMEs) in Thailand. Asian Social Science, 7(5), 180–190. https://www.researchgate.net/deref/http%3A%2F%2Fdx.doi.org%2F10.5539%2Fass.v7n5p180

Covin, J. G., & Slevin, D. P. (1989). Strategic management of small firms in hostile and benign environments. Strategic Management Journal, 10(1), 75–87. https://doi.org/10.1002/smj.4250100107

Coyne, K. P. (1986). Sustainable competitive advantages - What it is & What it isn’t. Business Horizons, 29(1), 54–61. https://doi.org/10.1016/0007-6813(86)90087-X

Criado-Gomis, A., Cervera-Taulet, A., & Iniesta-Bonillo, M. A. (2017). Sustainable entrepreneurial orientation: A business strategic approach for sustainable development. Sustainability (Switzerland), 9(9), 1–20. https://doi.org/10.3390/su9091667

Criado-Gomis, A., Iniesta-Bonillo, M., & Cervera-Taulet, A. (2018). Sustainable entrepreneurial orientation within an intrapreneurial context: effects on business performance. International Entrepreneurship and Management Journal, 14(2), 295–308. https://doi.org/10.1007/s11365-018-0503-x

Crittenden, V. L., Crittenden, W. F., Ferrell, L. K., Ferrell, O. C., & Pinney, C. C. (2011). Market-oriented sustainability: A conceptual framework and propositions. Journal of the Academy of Marketing Science, 39(1), 71–85. https://doi.org/10.1007%2Fs11747-010-0217-2

Diamantopoulos, A., & Winklhofer, H. M. (2001). Index construction with formative indicators: An alternative to scale development. Journal of Marketing Research, 38(2), 269–277. https://doi.org/10.1509%2Fjmkr.38.2.269.18845

Eberhardt-Toth, E., & Wasieleski, D. M. (2013). A Cognitive Elaboration Model of Sustainability Decision Making: Investigating Financial Managers’ Orientation Toward Environmental Issues. Journal of Business Ethics, 117(4), 735–751. https://doi.org/10.1007%2Fs10551-013-1715-1

Elkington, J. (1998). Cannibals with forks: The triple bottom line of 21st century business. In Environmental Quality Management (pp. 37–51). Oxford: Capstone Publishers.

Escriba-Esteve, A., Sanchez-Peinado, L., & Sanchez-Peinado, E. (2008). Moderating influences on the firm’s strategic orientation-performance relationship. International Small Business Journal, 26(4), 463–489. https://doi.org/10.1177/0266242608091174

Febriyantoro, M. T., & Arisandi, D. (2018). Pemanfaatan digital marketing bagi usaha mikro, kecil dan menengah pada era masyarakat ekonomi asean. Jurnal Manajemen Dewantara, 1(2), 61–76. https://doi.org/10.26533%2Fjmd.v1i2.175

Fitriansyah, A., & Harris, I. (2018). Penerapan dimensi EUCS (End User Computing Satisfaction) untuk mengevaluasi tingkat kepuasan pengguna situs web. Konferensi Nasional Sistem Informasi (KNSI) 2018, 6, 9–17. http://jurnal.atmaluhur.ac.id/index.php/knsi2018/article/view/334/259

Fornell, C., & Larcker, D. F. (1981). Evaluating structural equation models with unobservable variables and measurement error. Journal of Marketing Research, 18(1), 39–50. https://doi.org/10.1177%2F002224378101800104

Gagnon, M., Michael, J., Elser, N., & Gyory, C. (2013). Seeing green in several ways: The interplay of entrepreneurial, sustainable and market orientations on executive scanning and small business performance. Journal of Marketing Development and Competitiveness, 7(3), 9–29. http://www.na-businesspress.com/JMDC/GagnonMA_Web7_3_.pdf

Gaweł, A. (2012). Entrepreneurship and sustainability : do they have anything in common? The Poznań University of Economics Review, 12(1), 5–16. Diambil dari https://www.researchgate.net/profile/Aleksandra_Gawel/publication/266373504_Entrepreneurship_and_sustainability_do_they_have_anything_in_common/links/542ed2d40cf27e39fa969ad5/Entrepreneurship-and-sustainability-do-they-have-anything-in-common.pdf

Gupta, P., Guha, S., & Krishnaswami, S. (2013). Firm growth and its determinants. Journal of Innovation and Entrepreneurship, 2(15), 1–14. https://doi.org/10.1186%2F2192-5372-2-15

Hair, J. F., Ringle, C. M., & Sarstedt, M. (2011). PLS-SEM: Indeed a silver bullet. Journal of Marketing Theory and Practice, 19(2), 139–151. https://doi.org/10.2753%2Fmtp1069-6679190202

Hair, J. F., Hult, G. T. M., Ringle, C. M., & Sarstedt, M. (2017). A primer on partial least squares structural equation modeling (PLS-SEM) (2nd ed.). Los Angeles, CA: Sage Publications.

Hakala, H. (2011). Strategic orientations in management literature: Three approaches to understanding the interaction between market, technology, entrepreneurial and learning orientations. International Journal of Management Reviews, 13(2), 199–217. https://doi.org/10.1111%2Fj.1468-2370.2010.00292.x

Hall, J. K., Daneke, G. A., & Lenox, M. J. (2010). Sustainable development and entrepreneurship: Past contributions and future directions. Journal of Business Venturing, 25(5), 439–448. https://doi.org/10.1016/j.jbusvent.2010.01.002

Haris, M. (2018). BI: UMKM pendukung utama pertumbuhan ekonomi Batam. https://kepri.antaranews.com/berita/50451/bi-umkm-pendukung-utama-pertumbuhan-ekonomi-batam

Hati, S. W., & Irawati, R. (2017). Faktor-faktor yang mempengaruhi kinerja Usaha Mikro Kecil Menengah (UMKM) di Kota Batam. Prosiding ABEC 2017, 545–558. http://abec2017.polman-babel.ac.id/assets/file/B006%20FAKTOR-FAKTOR%20YANG%20MEMPENGARUHI%20KINERJA%20USAHA%20MIKRO%20KECIL%20MENENGAH%20(UMKM)%20DI%20KOTA%20BATAM.pdf

Henseler, J., Ringle, C. M., & Sarstedt, M. (2014). A new criterion for assessing discriminant validity in variance-based structural equation modeling. Journal of the Academy of Marketing Science, 43(1), 115–135. https://doi.org/10.1007%2Fs11747-014-0403-8

Herman, H., Hady, H., & Arafah, W. (2018). The influence of market orientation and product innovation on the compatitive advantage and its implication toward small and medium enterprises (UKM) performance. International Journal of Science and Engineering Invention, 4(8), 8–21. https://doi.org/10.23958%2Fijsei%2Fvol04-i08%2F02

Hernández-Perlines, F., & Cisneros, M. A. I. (2018). The role of environment in sustainable entrepreneurial orientation. The case of family firms. Sustainability, 10(6), 1–16. https://doi.org/10.3390/su10062037

Hulland, J. (1999). Use of partial least squares (PLS) in strategic management research: a review of four recent. Strategic Management Journal, 20(2), 195–204. https://doi.org/10.1002/(sici)1097-0266(199902)20:2%3C195::aid-smj13%3E3.0.co;2-7

Hunger J. D., & Wheelen L, T. (2009). Manajemen Stategis. Yogyakarta, Indonesia: ANDI.

Islami, A. C., Kunaifi, A., & Gunawan, J. (2017). Ragam pengukuran kinerja pada Usaha Mikro, Kecil, dan Menengah (UMKM) di Surabaya. Jurnal Sains dan Seni ITS, 6(2), D168. https://doi.org/10.12962%2Fj23373520.v6i2.23112

Jasiulewicz-Kaczmarek, M. (2013). Sustainability: Orientation in Maintenance Management—Theoretical Background. In P. Golinska (Ed.), EcoProduction and Logistics. Berlin: EcoProduction.

Javalgi, R. G., & Todd, P. R. (2011). Entrepreneurial orientation, management commitment, and human capital: The internationalization of SMEs in India. Journal of Business Research, 64(9), 1004–1010. https://doi.org/10.1016/j.jbusres.2010.11.024

Kakati, R. P., & Dhar, U. R. (2002). Competitive strategies and new venture performance. Vikalpa: The Journal for Decision Makers, 27(3), 13–26. https://doi.org/10.1177%2F0256090920020303

Kementerian Koperasi dan Usaha Kecil dan Menengah RI. (2018). Laporan Kinerja Kementerian Koperasi dan Usaha Kecil dan Menengah RI 2018. Jakarta: Kementerian Koperasi dan Usaha Kecil dan Menengah RI.

Kementrian Koperasi dan Usaha Kecil dan Menengah RI. (2020). Kementrian Koperasi dan Usaha Kecil dan Menengah RI. http://umkm.depkop.go.id/

Keskin, H. (2006). Market orientation, learning orientation, and innovation capabilities in SMEs: An extended model. European Journal of Innovation Management, 9(4), 396–417. https://doi.org/10.1108%2F14601060610707849

Kraus, S., Burtscher, J., Vallaster, C., & Angerer, M. (2018). Sustainable entrepreneurship orientation: A reflection on status-quo research on factors facilitating responsible managerial practices. Sustainability, 10(2), 1–21. https://doi.org/10.3390%2Fsu10020444

Kraus, S., Rigtering, J. P. C., Hughes, M., & Hosman, V. (2011). Entrepreneurial orientation and the business performance of SMEs: A quantitative study from the Netherlands. Review of Managerial Science, 6(2), 161–182. https://doi.org/10.1007%2Fs11846-011-0062-9

Kuckertz, A., & Wagner, M. (2010). The influence of sustainability orientation on entrepreneurial intentions - Investigating the role of business experience. Journal of Business Venturing, 25(5), 524–539. https://doi.org/10.1016%2Fj.jbusvent.2009.09.001

Lee, Y. K., Kim, S. H., Seo, M. K., & Hight, S. K. (2015). Market orientation and business performance: Evidence from franchising industry. International Journal of Hospitality Management, 44, 28–37. https://doi.org/10.1016%2Fj.ijhm.2014.09.008

Mathieson, K., Peacock, E., & Chin, W. W. (2001). Extending the technology acceptance model: The influence of perceived user resources. Data Base for Advances in Information Systems, 32(3), 86–112. https://doi.org/10.1145%2F506724.506730

Matsuno, K., Mentzer, J. T., & Ozsomer, A. (2002). The effects of entrepreneurial orientation and market orientation on business performance. Journal of Marketing, 66(3), 18–32. https://doi.org/10.1509%2Fjmkg.66.3.18.18507

Miller, D. (1983). The correlates of entrepreneurship in three types of firms. Management Science, 29(7), 770–791. https://doi.org/10.1287%2Fmnsc.29.7.770

Naim, Y. J. (2019). Bina UMKM, Batam raih Natamukti 2019. Antaranews. https://www.antaranews.com/berita/1100510/bina-umkm-batam-raih-natamukti-2019

Nitzl, C., Roldan, J. L., & Cepeda, G. (2016). Mediation analysis in partial least squares path modelling, Helping researchers discuss more sophisticated models. Industrial Management and Data Systems, 116(9), 1849–1864. https://www.researchgate.net/deref/http%3A%2F%2Fdx.doi.org%2F10.1108%2FIMDS-07-2015-0302

Noble, C. H., Sinha, R. K., & Kumar, A. (2002). Market orientation and alternative strategic orientations: A longitudinal assessment of performance implications. Journal of Marketing, 66(4), 25–39. https://doi.org/10.1509/jmkg.66.4.25.18513

Paramita, C. C. P. (2015). Pengaruh kompetensi individu, orientasi kewirausahaan, dan pesaing dalam mencapai keunggulan bersaing melalui kualitas produk (Studi pada UKM furnitur di Kota Semarang). DeReMa Jurnal Manajemen, 10(1), 124–137. http://dx.doi.org/10.19166/derema.v10i1.160

Paul, J., & Gupta, P. (2014). Process and intensity of internationalization of IT firms - Evidence from India. International Business Review, 23(3), 594–603. https://doi.org/10.1016%2Fj.ibusrev.2013.10.002

Pereira-Moliner, J., Font, X., Tarí, J. J., Molina-Azorin, J. F., Lopez-Gamero, M. D., Pertusa-Ortega, E. M., … Lopez-Gamero, M. D. (2015). The Holy Grail: Environmental management, competitive advantage and business performance in the Spanish hotel industry. International Journal of Contemporary Hospitality Management, 27(5), 714–738. https://doi.org/10.1108%2Fijchm-12-2013-0559

Porter, M. E. (1990). New Global Strategies for Competitive Advantage. Planning Review, 18(3), 4–14. https://doi.org/10.1108%2Feb054287

Prakosa, B. (2005). Pengaruh orientasi pasar, inovasi dan orientasi pembelajaran terhadap kinerja perusahaan untuk mencapai keunggulan bersaing (Studi empiris pada industri manufaktur di Semarang). Jurnal Studi Manajemen & Organisasi, 2(1), 35–57. Diambil dari http://eprints.undip.ac.id/15063/1/Pengaruh_Orientasi_Pasar,_Inovasi....by_Bagas_Prakosa(OK1).pdf

Rauch, A., Wiklund, J., Lumpkin, G. T., & Frese, M. (2009). Entrepreneurial orientation and business performance : an assessment of past research and suggestions for the future. Entrepreneurship Theory and Practice, 33(3), 761–787. https://doi.org/10.1111%2Fj.1540-6520.2009.00308.x

Roberts, N., & Thatcher, J. B. (2009). Conceptualizing and testing formative constructs: Tutorial and annotated example. Data Base for Advances in Information Systems, 40(3), 9–39. https://doi.org/10.1145%2F1592401.1592405

Rosenbusch, N., Brinckmann, J., & Bausch, A. (2011). Is innovation always beneficial? A meta-analysis of the relationship between innovation and performance in SMEs. Journal of Business Venturing, 26(4), 441–457. https://doi.org/10.1016%2Fj.jbusvent.2009.12.002

Santos-Vijande, M. L., González-Mieres, C., & López-Sánchez, J. Á. (2013). An assessment of innovativeness in KIBS: Implications on KIBS’ co-creation culture, innovation capability, and performance. Journal of Business and Industrial Marketing, 28(2), 86–102. https://doi.org/10.1108/08858621311295236

Schaltegger, S., & Wagner, M. (2011). Sustainable entrepreneurship and sustainability innovation: Categories and interactions. Business Strategy and the Environment, 20(4), 222–237. https://doi.org/10.1002/bse.682

Shane, S., & Venkataraman, S. (2000). Evaluation of some food industry wastes for production of gibberellic acid by fungal source. Environmental Technology, 25(1), 217–226.

Shepherd, D. A., & Patzelt, H. (2017). Researching Entrepreneurships’ Role in Sustainable Development. In Trailblazing in Entrepreneurship. Switzerland: Palgrave Macmillan.

Siagian, M., Kurniawan, P. H., & Hikmah. (2019). Analisis faktor eksternal dan internal terhadap kinerja UMKM di Kota Batam. Jurnal Ekonomi & Ekonomi Syariah, 2(2), 265–271. Diambil dari https://stiealwashliyahsibolga.ac.id/jurnal/index.php/jesya/article/view/107

Sigalas, C., & Papadakis, V. M. (2018). Empirical investigation of relationship patterns between competitive advantage and superior performance. Journal of Strategy and Management, 11(1), 81–111. https://doi.org/10.1108%2Fjsma-01-2017-0010

Suci, R. Y. (2017). Perkembangan UMKM (Usaha Mikro Kecil Menengah) di Indonesia. Jurnal Ilmiah fakultasi Ekonomi, 6(1), 51–58.

Sundiman, D. (2017). Human resource management in the enhancement processes of knowledge management. Binus Business Review, 8(3), 167–173. https://doi.org/10.21512%2Fbbr.v8i3.3708

Sundiman, D. (2018). The effect of knowledge management on the strategic management process mediated by competitive intelligence in the small business company. Jurnal Manajemen dan Kewirausahaan, 20(2), 105–115. https://doi.org/10.9744%2Fjmk.20.2.105-115

Supranoto, M. (2009). Strategi menciptakan keunggulan bersaing produk melalui orientasi pasar, inovasi, dan orientasi kewirausahaan dalam rangka meningkatkan kinerja pemasaran (Master's thesis, Universitas Diponegoro, Semarang, Indonesia). http://eprints.undip.ac.id/24205/1/MEIKE_SUPRANOTO.pdf

Teece, D. J. (2007). Explicating dynamic capabilities: The nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28(13), 1319–1350. https://doi.org/10.1002%2Fsmj.640

Terziovski, M. (2010). Innovation pratice and its performance implications in small and medium enterprises (SMEs) in the manufacturing Sector: A resource-based view. Strategic Management Journal, 31(8), 892–902. https://doi.org/10.1002%2Fsmj.841

Walter, A., Auer, M., & Ritter, T. (2006). The impact of network capabilities and entrepreneurial orientation on university spin-off performance. Journal of Business Venturing, 21(4), 541–567. https://doi.org/10.1016%2Fj.jbusvent.2005.02.005b

William, G. N., James, M. M., & Susan, M. M. (2005). Fundamentals of Business: Starting a Small Business. New York: McGraw-Hill/Irwin.

Wright, R. T., Campbell, D. E., Thatcher, J. B., & Roberts, N. (2012). Operationalizing multidimensional constructs in structural equation modeling: Recommendations for IS research. Communications of the Association for Information Systems, 30(23), 367–412. https://www.researchgate.net/deref/http%3A%2F%2Fdx.doi.org%2F10.17705%2F1CAIS.03023


Cited by

  • There are currently no citations to this article.




Copyright (c) 2020 Venny Venny, Mohamad Trio Febriyantoro

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.


favicon Department of Management | Business School | Universitas Pelita Harapan | Indonesia | +62 21 546 0901 |  jurnal.derema@uph.edu