Proceedings of the International Conference on Economics, Management and Accounting (ICEMAC 2022)

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Analysis of the Influence of Entrepreneurial Orientation, Learning Orientation, and Dynamic Capability on Strategic Flexibility and SMEs Performance

Authors
Muhammad Nur Irfan1, *, Ratih Dyah Kusumastuti1
1Faculty of Economics and Business, University of Indonesia, Depok, Indonesia
*Corresponding author. Email: lubismuhammadnurirfan@gmail.com
Corresponding Author
Muhammad Nur Irfan
Available Online 30 August 2023.
DOI
10.2991/978-94-6463-226-2_27How to use a DOI?
Keywords
Entrepreneurial Orientation; learning orientation; dynamic capability; strategic flexibility; innovation performance; financial performance
Abstract

Currently, SMEs are competing with accelerated technological and market advances and increasingly challenging innovations. SMEs struggle to implement innovations because they may lack managerial and technical skills. However, they could reap higher returns if they were more flexible and quick to respond to changes in the dynamic business environment. This study aims to analyze the role of strategic flexibility in the relationship between strategic orientations (entrepreneurship orientation and learning orientation), dynamic capabilities, and financial performance and innovation performance of SMEs in Indonesia’s creative sector. This study took data from 119 respondents from creative sector SMEs in Indonesia. The data processing method used to process the survey data is the partial-least square structural equation model (PLS-SEM). The results of the research data analysis show that strategic flexibility mediates the variables of entrepreneurial orientation, learning orientation, and dynamic capabilities on SMEs financial performance and innovation performance. As well as other findings in this study indicate that the innovation performance can mediate the relationship between strategic flexibility and financial performance.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economics, Management and Accounting (ICEMAC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
30 August 2023
ISBN
978-94-6463-226-2
ISSN
2352-5428
DOI
10.2991/978-94-6463-226-2_27How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Muhammad Nur Irfan
AU  - Ratih Dyah Kusumastuti
PY  - 2023
DA  - 2023/08/30
TI  - Analysis of the Influence of Entrepreneurial Orientation, Learning Orientation, and Dynamic Capability on Strategic Flexibility and SMEs Performance
BT  - Proceedings of the International Conference on Economics, Management and Accounting (ICEMAC 2022)
PB  - Atlantis Press
SP  - 308
EP  - 326
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-226-2_27
DO  - 10.2991/978-94-6463-226-2_27
ID  - Irfan2023
ER  -