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Analysis of Maximization Strategy Intangible Assets through the Speed of Innovation on Knowledge-Driven Business Performance Improvement

Author

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  • I Gusti Ayu Purnamawati

    (Faculty of Economics, Universitas Pendidikan Ganesha, Singaraja 81116, Indonesia)

  • Ferry Jie

    (School of Business and Law, Edith Cowan University, Joondalup, WA 6027, Australia)

  • Puah Chin Hong

    (Faculty of Economics and Business, Universiti Malaysia Sarawak, Kota Samarahan 94300, Malaysia)

  • Gede Adi Yuniarta

    (Faculty of Economics, Universitas Pendidikan Ganesha, Singaraja 81116, Indonesia)

Abstract

This study aims to determine the effect of human capital, structural capital, and consumer capital on financial performance and moderate the speed of innovation. The type of research used in the study is quantitative—data collection techniques in distributing questionnaires measured using a Likert scale. The sampling technique used was random sampling and was determined by the slovin formula. The population in this study was MSMEs in Buleleng Regency, and the samples used in this study amounted to 392 MSMEs. Data or statistical analysis techniques in the study were considered using the Structural Equation Model with WarpPLS 5.0 software modelling. The results show that the technology and commitment variables have no significant effect on the development of religious ecotourism villages. In contrast, cultural changes significantly impact the development of religious ecotourism villages. This study uses the speed of innovation as a moderating variable, the speed of innovation is one of the essential things for MSMEs to improve financial performance. The speed of innovation supports intellectual capital, which is currently focused on knowledge-driven business to create a competitive advantage.

Suggested Citation

  • I Gusti Ayu Purnamawati & Ferry Jie & Puah Chin Hong & Gede Adi Yuniarta, 2022. "Analysis of Maximization Strategy Intangible Assets through the Speed of Innovation on Knowledge-Driven Business Performance Improvement," Economies, MDPI, vol. 10(6), pages 1-20, June.
    • Handle: RePEc:gam:jecomi:v:10:y:2022:i:6:p:149-:d:840645
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    References listed on IDEAS

    as
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