IDEAS home Printed from https://ideas.repec.org/a/pkp/josere/v10y2023i4p194-214id3555.html
   My bibliography  Save this article

Innovation capability and risk attitude mediate the effects of knowledge management and financial literacy on MSME performance

Author

Listed:
  • Meldona
  • Budi Eko Soetjipto
  • Cipto Wardoyo
  • Agus Hermawan
  • Nangkula Utaberta

Abstract

Halal micro, small and medium enterprises (MSMEs) play an important role in the economy, supporting the rapid development of the world's halal industry. The performance of halal MSMEs is influenced by knowledge management and financial literacy. Based on knowledge-based theory, which focuses on internal factors to explain business strategies, innovation capabilities and risk attitudes can mediate the influence of knowledge management and financial literacy on the performance of halal MSMEs. Data collected using quantitative proximity from a sample of 195 owners of halal MSMEs in Malang Raya, Indonesia, was analyzed using structural equation modeling (SEM). The findings showed that knowledge management and financial literacy affect the performance of MSMEs. The innovation ability and risk attitude of MSME owners mediate the effects of knowledge management and financial literacy on the performance of MSMEs. When knowledge is managed effectively, it creates unique capabilities that contribute to improved performance through innovation, realized through innovative products, and risk attitude, realized through optimized opportunities.

Suggested Citation

  • Meldona & Budi Eko Soetjipto & Cipto Wardoyo & Agus Hermawan & Nangkula Utaberta, 2023. "Innovation capability and risk attitude mediate the effects of knowledge management and financial literacy on MSME performance," Journal of Social Economics Research, Conscientia Beam, vol. 10(4), pages 194-214.
    • Handle: RePEc:pkp:josere:v:10:y:2023:i:4:p:194-214:id:3555
    as

    Download full text from publisher

    File URL: https://archive.conscientiabeam.com/index.php/35/article/view/3555/7827
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pkp:josere:v:10:y:2023:i:4:p:194-214:id:3555. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dim Michael (email available below). General contact details of provider: https://archive.conscientiabeam.com/index.php/35/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.