Faktor-Faktor Yang Mempengaruhi Kinerja Bisnis Industri Kreatif di Kota Makassar, Indonesia
Abstract
Industri kreatif memiliki peran penting dalam pembangunan ekonomi, namun para pengusaha ekonomi kreatif masih menghadapi banyak masalah dalam pengembangan usaha dan keberlangsungan usahanya. Tujuan dari penelitian ini adalah untuk mengetahui pengaruh modal intelektual, orientasi kewirausahaan dan orientasi pasar terhadap kinerja bisnis untuk membantu perusahaan tetap kompetitif. Penelitian ini menggunakan pendekatan kuantitatif dengan populasi sebagai pemilik industri kreatif di Kota Makassar, Sulawesi Selatan, Indonesia. Teknik pengambilan sampel yang digunakan adalah convenience sampling, diperoleh sebanyak 126 pemilik industri kreatif. Analisis data menggunakan Structural Equation Modelling Partial Least Square (SEM-PLS).
Temuan penelitian ini menunjukkan bahwa modal intelektual, orientasi kewirausahaan dan orientasi pasar berpengaruh positif terhadap kinerja bisnis industri kreatif di Kota Makassar, Sulawesi Selatan, Indonesia. Dari hasil penelitian, perusahaan dengan sumber daya yang unggul dapat memenangkan persaingan dan mencapai keberlanjutan bisnis. Jika dibandingkan dengan organisasi pesaing, manfaat sumber daya dan kemampuan bersaing akan menciptakan keunggulan bersaing. Oleh karena itu, pemangku kepentingan seperti pemerintah, dunia usaha, dan perguruan tinggi diharapkan dapat berperan lebih besar dalam mengakselerasi pertumbuhan dan perkembangan industri kreatif.
Kata Kunci: Modal Intelektual, Orientasi Kewirausahaan, Orientasi Pasar, Kinerja Bisnis Industri Kreatif
Abstract
Although the creative economy plays a significant role in economic growth, entrepreneurs in this sector still confront numerous challenges in starting and maintaining their enterprises. The study's goal is to assist businesses stay competitive by examining the relationship between intellectual capital, entrepreneurship orientation, and market orientation on business success. The population of the study, which employs a quantitative methodology, is the owner of the creative industry in Makassar City, South Sulawesi, Indonesia. As many as 126 owners of businesses in the creative industries were acquired using the convenience sample technique. Structural Equation Modeling Partial Least Square was used to examine the data (SEM-PLS).
The results of this study demonstrate a positive relationship between intellectual capital, entrepreneurship orientation, and market orientation and the financial performance of the creative industry.
Keywords: Intelectual capital, entrepreneurship orientation, market orientation, creative industry, business performance
Full Text:
Download PDFReferences
Allameh, S. M. (2018). Antecedents and consequences of intellectual capital: The role of social capital, knowledge sharing and innovation. Journal of Intellectual Capital, 19(5), 858–874. https://doi.org/10.1108/JIC-05-2017-0068
Asiaei, K., Barani, O., Bontis, N., & Arabahmadi, M. (2020). Unpacking the black box: How intrapreneurship intervenes in the intellectual capital-performance relationship? Journal of Intellectual Capital, 21(6), 809–834. https://doi.org/10.1108/JIC-06-2019-0147
Barney. (1991). Firm Resource and Sustained Competitived Advantage.
Bekraf-BPS. (2018). Data Statistik dan Hasil Survey Ekonomi Kreatif 2016. www.bekraf.go.id
Budhwar, P., Pereira, V., Mellahi, K., & Singh, S. K. (2018). The state of HRM in the Middle East: Challenges and future research agenda. Asia Pacific Journal of Management, 36(4), 905–933. https://doi.org/10.1007/s10490-018-9587-7
Budiarta, K. (2015). The Role of Knowledge Management , Human Capital , and Innovative Strategy toward the Higher Education Institution ’ s Performance in Indonesia. Information and Knowledge Management, 5(5), 14–20.
Buli, B. (2017). Entrepreneurial orientation, market orientation and performance of SMEs in the manufacturing industry: Evidence from Ethiopian enterprises. Management Research Review, 40(3), 292–309. https://doi.org/10.1108/MRR-07-2016-0173
Campos, S., Dias, J. G., Teixeira, M. S., & Correia, R. J. (2020). The link between intellectual capital and business performance: a mediation chain approach. Journal of Intellectual Capital. https://doi.org/10.1108/JIC-12-2019-0302
Cattani, G., & Ferriani, S. (2008). A core/periphery perspective on individual creative performance: Social networks and cinematic achievements in the Hollywood film industry. Organization Science, 19(6), 824–844. https://doi.org/10.1287/orsc.1070.0350
Chen, C. (2018). How business strategy in non-financial firms moderates the curvilinear effects of corporate social responsibility and irresponsibility on corporate financial performance. Journal of Business Research, 92, 154–167. https://doi.org/10.1016/j.jbusres.2018.07.030
Chetthamrongchai, P. (2020). Entrepreneurial orientation and the smes performance in Thailand: The mediating role of strategic orientations. Journal of Security and Sustainability Issues, 9, 348–361. https://doi.org/10.9770/JSSI.2020.9.M(28)
Chung, H. (2015). How does organizational learning matter in strategic business performance? The contingency role of guanxi networking. Journal of Business Research, 68(6), 1216–1224. https://doi.org/10.1016/j.jbusres.2014.11.016
Chung, H. F. L. (2011). Market orientation, guanxi, and business performance. Industrial Marketing Management, 40(4), 522–533. https://doi.org/10.1016/j.indmarman.2010.12.008
Cisneros, I. M. A., & Hernandez-Perlines, F. (2018). Intellectual capital and Organization performance in the manufacturing sector of Mexico. Management Decision, 56(8), 1818–1834. https://doi.org/10.1108/MD-10-2017-0946
Cleary, P., & Quinn, M. (2016). Intellectual capital and business performance: An exploratory study of the impact of cloud-based accounting and finance infrastructure. Journal of Intellectual Capital, 17(2), 255–278. https://doi.org/10.1108/JIC-06-2015-0058
Coder, L. A., Peake, W., & Spiller, S. (2017). Do high performance work systems pay for small firms? An intellectual capital building perspective. Journal of Small Business Strategy, 27(2), 13–35.
Covin, J. G., & Miller, D. (2014). International Entrepreneurial Orientation: Conceptual Considerations, Research Themes, Measurement Issues, and Future Research Directions. Entrepreneurship: Theory and Practice, 38(1), 11–44. https://doi.org/10.1111/etap.12027
Gelhard, C., von Delft, S., & Gudergan, S. P. (2016). Heterogeneity in dynamic capability configurations: Equifinality and strategic performance. Journal of Business Research, 69(11), 5272–5279. https://doi.org/10.1016/j.jbusres.2016.04.124
Green, K. M., Covin, J. G., & Slevin, D. P. (2008). Exploring the relationship between strategic reactiveness and entrepreneurial orientation: The role of structure-style fit. Journal of Business Venturing, 23(3), 356–383. https://doi.org/10.1016/j.jbusvent.2007.01.002
Hair, J. F., C.Black, W., J.Babin, B., & Anderson, R. E. (2006). Multivariate Data Analysis. In Pearson Education (7th ed.). Pearson Education.
Han, Y., & Li, D. (2015). Effects Of Intellectual Capital on Innovative Performance: The Role of Knowledge‐Based Dynamic Capability Management Decision, 53(1), 40–56. https://doi.org/10.1108/MD‐08‐2013‐0411. Management Decision, 53(1), 40–56.
Helfat, C. E., Peteraf, M. A., Helfat, C. E., & Peteraf, M. A. (2018). The Dynamic Resource-Based View : Capability Lifecycles THE DYNAMIC RESOURCE-BASED VIEW : CAPABILITY LIFECYCLES. Strategic Management Journal.
Herhausen, D. (2016). Unfolding the ambidextrous effects of proactive and responsive market orientation. Journal of Business Research, 69(7), 2585–2593. https://doi.org/10.1016/j.jbusres.2015.10.139
Hong, J., Song, T. H., & Yoo, S. (2013). Paths to success: How do market orientation and entrepreneurship orientation produce new product success. Journal of Product Innovation Management, 30(1), 44–55. https://doi.org/10.1111/j.1540-5885.2012.00985.x
Hossain, M. U. (2019). The role of entrepreneurial orientation to sme performance in Bangladesh. International Journal of Entrepreneurship, 23(1). https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85065722275&origin=inward
Hotho, S., & Champion, K. (2011). Small businesses in the new creative industries: innovation as a people management challenge. In The Eletronic Library (Vol. 49, Issue 1).
Huda, N. (2021). Menparekraf Dorong Pelaku Fesyen di Makassar Kembangkan Potensi Produk Kreatif. Https://Kotakreatif.Kemenparekraf.Go.Id/Menparekraf-Dorong-Pelaku-Fesyen-Di-Makassar-Kembangkan-Potensi-Produk-Kreatif/. https://kotakreatif.kemenparekraf.go.id/menparekraf-dorong-pelaku-fesyen-di-makassar-kembangkan-potensi-produk-kreatif/
Hult, G. T. M., Hurley, R. F., & Knight, G. A. (2004). Innovativeness: Its antecedents and impact on business performance. Industrial Marketing Management. https://doi.org/10.1016/j.indmarman.2003.08.015
Jardon, C. M., & Martos, M. S. (2012). Intellectual capital as competitive advantage in emerging clusters in Latin America. Journal of Intellectual Capital, 13(4), 462–481. https://doi.org/10.1108/14691931211276098
Jaworski, B. J., & Kohli, A. K. (1993). Market Orientation : Antecedents. Journal of Marketing, 57(July), 53–70.
Kemenparekraf. (2020). Statistik ekonomi kreatif 2020 (Bhakti Nur Avianto (ed.); 1st ed.). Pusat Data dan Sistem Informasi Kementerian Pariwisata dan Ekonomi Kreatif / Badan Pariwisata dan Ekonomi Kreatif.
Khattak, M. S., & Shah, S. Z. A. (2020). The role of intellectual and financial capital in competitiveness and performance: A study of emerging small and medium enterprises. Business Strategy and Development, 3(4), 422–434. https://doi.org/10.1002/bsd2.106
Kohli, A. K., & Jaworski, B. J. (1990). Market Orientation: The Construct, Research Propositions, and Managerial Implications. Journal of Marketing, 54(2), 1–18. https://doi.org/10.1177/002224299005400201
Kuijpers, N. (2020). Market orientation in microbreweries.
Kumar, V., Jones, E., Venkatesan, R., & Leone, R. P. (2011). Is Market Orientation a Source of Sustainable Competitive Advantage or Simply the Cost of Competing? Journal of Marketing, 75(1), 16–30. https://doi.org/10.1509/jm.75.1.16
Kurniawan, R., Budiastuti, D., Hamsal, M., & Kosasih, W. (2020). Networking capability and firm performance: the mediating role of market orientation and business process agility. Journal of Business and Industrial Marketing, May. https://doi.org/10.1108/JBIM-01-2020-0023
Laukkanen, T., Nagy, G., Hirvonen, S., Reijonen, H., & Pasanen, M. (2013). The effect of strategic orientations on business performance in SMEs: A multigroup analysis comparing Hungary and Finland. International Marketing Review, 30(6), 510–535. https://doi.org/10.1108/IMR-09-2011-0230
Lee, S. M., & Peterson, S. J. (2000). Culture, entrepreneurial orientation, and global competitiveness. Journal of World Business, 35(4), 401–416. https://doi.org/10.1016/S1090-9516(00)00045-6
Lu, W. M., Wang, W. K., & Kweh, Q. L. (2014). Intellectual capital and performance in the Chinese life insurance industry. Omega (United Kingdom), 42(1), 65–74. https://doi.org/10.1016/j.omega.2013.03.002
Lumpkin & Dess. (1996). CLARIFYING THE ENTREPRENEURIAL ORIENTATION CONSTRUCT AND LINKING IT TO PERFORMANCE. Academy of Management Review, 21(1), 135–172.
Luo, X., Sivakumar, K., & Liu, S. S. (2005). Globalization, marketing resources, and performance: Evidence from China. Journal of the Academy of Marketing Science, 33(1), 50–65. https://doi.org/10.1177/0092070304265050
Mamun, A. Al, Mohiuddin, M., Fazal, S. A., & Ahmad, G. Bin. (2018). Effect of entrepreneurial and market orientation on consumer engagement and performance of manufacturing SMEs. Management Research Review, 41(1), 133–147. https://doi.org/10.1108/MRR-04-2017-0102
Marom, S., & Lussier, R. N. (2014). A Business Success Versus Failure Prediction Model for Small Businesses in Israel. Business and Economic Research, 4(2), 63. https://doi.org/10.5296/ber.v4i2.5997
Mention, A. L., & Bontis, N. (2013). Intellectual capital and performance within the banking sector of Luxembourg and Belgium. Journal of Intellectual Capital, 14(2), 286–309. https://doi.org/10.1108/14691931311323896
Mpareke Ngwangwama, M., Ungerer, M., & Morrison, J. (2013). An exploratory study of key success factors for business success of companies in the Namibian Tertiary Industry. International Journal of Innovations in Business International Journal of Innovations in Business ISSN (Print, June, 2050–6228.
Narver, J. C., & Slater, S. F. (1990). The Effect of a Market Orientation on Business Profitability. Journal of Marketing, 54(4), 20. https://doi.org/10.2307/1251757
Ngek Neneh, B. (2016). Market orientation and performance: the contingency role of external environment. Environmental Economics, 7(2), 130–137. https://doi.org/10.21511/ee.07(2).2016.14
Nigam, N., Mbarek, S., & Boughanmi, A. (2021). Impact of intellectual capital on the financing of startups with new business models. Journal of Knowledge Management, 25(1), 227–250. https://doi.org/10.1108/JKM-11-2019-0657
Ozkaya, H. E., Droge, C., Hult, G. T. M., Calantone, R., & Ozkaya, E. (2015). Market orientation, knowledge competence, and innovation. International Journal of Research in Marketing, 32(3), 309–318. https://doi.org/10.1016/j.ijresmar.2014.10.004
Paige, R. C., & Littrell, M. A. (2002). Craft retailers’ criteria for success and associated business strategies. Journal of Small Business Management, 40(4), 314–331. https://doi.org/10.1111/1540-627x.00060
Raju, P. S., Lonial, S. C., & Crum, M. D. (2011). Market orientation in the context of SMEs: A conceptual framework. Journal of Business Research, 64(12), 1320–1326. https://doi.org/10.1016/j.jbusres.2010.12.002
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/j.1540-6520.2009.00308.x
Rehman, W. U., Rehman, H. U., Usman, M., & Asghar, N. (2012). A link of intellectual capital performance with corporate performance: Comparative study from banking sector in Pakistan. International Journal of Business and Social Science, 3(12), 313–321. http://www.ijbssnet.com/journals/Vol_3_No_12_Special_Issue_June_2012/31.pdf
Reijonen, H., & Komppula, R. (2007). Perception of success and its effect on small firm performance. Journal of Small Business and Enterprise Development, 14(4), 689–701. https://doi.org/10.1108/14626000710832776
Rodríguez-Serrano, M. Á., & Martín-Armario, E. (2019). Born-Global SMEs, Performance, and Dynamic Absorptive Capacity: Evidence from Spanish Firms. Journal of Small Business Management, 57(2), 298–326. https://doi.org/10.1111/jsbm.12319
Sanusi, A., & Connell, J. (2018). Non-market strategies and Indonesian SMEs: casualties of decentralisation? Asia-Pacific Journal of Business Administration, 10(2–3), 200–217. https://doi.org/10.1108/APJBA-01-2018-0001
Selvam, M., Gayathri, J., Vasanth, V., Lingaraja, K., & Marxiaoli, S. (2016). Determinants of Firm Performance: A Subjective Model. International Journal of Social Science Studies, 4(7), 90–100. https://doi.org/10.11114/ijsss.v4i7.1662
Shan, P., Song, M., & Ju, X. (2016). Entrepreneurial orientation and performance: Is innovation speed a missing link? Journal of Business Research, 69(2), 683–690. https://doi.org/10.1016/j.jbusres.2015.08.032
Shehu, A. M., & Mahmood, R. (2014). An Empirical Analysis of Market Orientation and Business Performance Relationship in the Context of Developing Economy. International Journal of Academic Research in Business and Social Sciences, 4(9), 457–470. https://doi.org/10.6007/ijarbss/v4-i9/1151
Slater, S. F., & Narver, J. C. (2000). The Positive Effect of a Market Orientation on Business Profitability: A Balanced Replication. Journal of Business Research, 48(1), 69–73. https://doi.org/10.1016/S0148-2963(98)00077-0
Solikahan, E. Z., & Mohammad, A. A. (2019). Entrepreneurial Orienta-tion, Market Orientation and Financial Orientation in Supporting the Performance of Karawo SMEs in Gorontalo City. Journal of Applied Management, 17(4), 729–740. http://dx.doi.org/10.21776/ub.jam.2019.017.04.17http://dx.doi.org/10.21776/ub.jam.2019.017.04.17
Tandon, K., Purohit, H., & Tandon, D. (2016). Measuring intellectual capital and its impact on financial performance: Empirical evidence from CNX nifty companies. Global Business Review, 17(4), 980–997. https://doi.org/10.1177/0972150916645703
Tehseen, S., Ahmed, F. U., Qureshi, Z. H., Uddin, M. J., & Ramayah, T. (2019). Entrepreneurial competencies and SMEs’ growth: the mediating role of network competence. Asia-Pacific Journal of Business Administration. https://doi.org/10.1108/APJBA-05-2018-0084
UNCTAD. (2011). Strengthening the Creative Industries in Five Selected African, Caribbean and Pacific Countries through Employment and Trade Expansion St r e ng t h e n i ng t h e C r eat i v e i n duSt r i eS FOr de v eLOPMent in Mozambique Strengthening the Creative In. In UNCTAD. UNCTAD.
Vargas, N., & Lloria, M. B. (2017). Performance and Intellectual Capital: How Enablers Drive Value Creation in Organisations. Knowledge and Process Management, 24(2), 114–124. https://doi.org/10.1002/kpm.1537
Verbano, C., & Crema, M. (2016). Linking technology innovation strategy, intellectual capital and technology innovation performance in manufacturing SMEs. Technology Analysis and Strategic Management, 28(5), 524–540. https://doi.org/10.1080/09537325.2015.1117066
Voss, G. B., & Voss, Z. G. (2000). Strategic orientation and firm performance in an artistic environment. Journal of Marketing, 64(1), 67–83. https://doi.org/10.1509/jmkg.64.1.67.17993
Wang, Y. (2017). Business analytics-enabled decision-making effectiveness through knowledge absorptive capacity in health care. Journal of Knowledge Management, 21(3), 517–539. https://doi.org/10.1108/JKM-08-2015-0301
Xu, Xin-Long; Yang, X.-N. L. (2017). Examining the Relationship Between Intellectual Capital and Performance of Listed Environmental Protection Companies. Examining the Relationship Between Intellectual Capital and Performance of Listed Environmental Protection Companies. https://doi.org/10.1002/ep.12572
DOI: https://doi.org/10.37531/sejaman.v5i1.1883
Refbacks
- There are currently no refbacks.