Sustainable Competitive Advantage of Riau Malay Weaving Industry Based on Local Wisdom

Mardatillah, Annisa; Rosmayani, Rosmayani; Ramadhani, Shafira Amalia

doi:10.21632/irjbs.13.3.227-240

Cited by 3 publications

(3 citation statements)

References 20 publications

(34 reference statements)

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“…Micro and Small Enterprises can develop alternative strategies by leveraging both internal and external factors [19,20]. Internal factors include marketing, production, human resources, and finance, while external ones encompass socioeconomic conditions, technology, buyers, and competitors.…”

Section: Literature Reviewmentioning

confidence: 99%

Sustainability of Business Strategy Based on Indigenous Product Creativity in the Weaving Industry of Palm Oil Waste in Riau, Indonesia

Mardatillah,

Rosmayani,

Prayuda

2023

IJSDP

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This study analyzes knowledge management and innovation based on indigenous product creativity to achieve a sustainable competitive advantage. The unit of analysis in this study was the artisans of the woven handicraft industry from palm oil stem waste, totaling 50 respondents using a census sampling of the entire population. The analysis tool of this research uses SEM PLS. The results of this study indicate that knowledge management and innovation affect sustainable competitive advantage with indigenous product creativity as mediation in the woven handicraft industry from waste palm oil stems. The findings succeeded in filling the gap in previous research that the heterogeneity of company resources is getting higher to achieve sustainable competitive advantage due to the indigenous factor of creativity as a mediation that can provide added value different from competitors. This research implication contributes to developing strategic management science with a resource approach with empirical evidence that original product creativity is a substantial intermediary variable to achieve sustainable competitive advantage. The practical implication of this research is that business actors in the palm oil stem waste industry must pay more attention to their knowledge resources and product innovation on indigenous product creativity.

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Section: Literature Reviewmentioning

confidence: 99%

Sustainability of Business Strategy Based on Indigenous Product Creativity in the Weaving Industry of Palm Oil Waste in Riau, Indonesia

Mardatillah,

Rosmayani,

Prayuda

2023

IJSDP

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“…Keunggulan kopetitif dapat dicapai dengan terus melakukan inovasi baru dibandingkan kompetitor dan kemampuan untuk berinovasi pada perusahaan tergantung pada aset intelektual dan pengetahuan yang dimilikinya (Martín-de Castro, Verde, Sáez, & Navas-López, 2011;Patrisia, Linda, & Abror, 2022;Amaya, Bernal-Torres, Nicolás-Rojas, & Pando-Ezcurra, 2022). Kinerja perusahaan dan keunggulan kompetitif terletak pada faktor-faktor yang tidak berwujud dan tidak terlihat seperti pengetahuan, kompetensi, keterampilan, budaya organisasi, dan aspek-aspek lain untuk mendorong inovasi (Mardatillah, Rosmayani, & Ramadhani, 2020;Morgan, 1997). Menurut Barney (1991), sumber daya dapat dikategorikan sebagai modal fisik, sumber daya manusia, dan modal organisasi secara lebih luas mencakup modal keuangan, teknologi, serta reputasi (Grant, 1991).…”

Section: Resource Based View Theory (Rbv)unclassified

Analysis of the intellectual capital effect on SMEs' financial performance on West Aceh coast

Hatmawan¹

2023

jbis

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SMEs are essential in national economic growth, so it concerns various groups. Intangible resources such as knowledge and skills are the basis of SMEs' competitive advantage. Integrating these two things will provide a rapid growth acceleration for SMEs. Intellectual capital (CI) is a core concept of the company's strategic resources to create a competitive advantage. SMEs have a more straightforward organizational structure and solid internal social relations than large companies. This study aims to address this gap by analyzing the impact of intellectual capital (CI) on SMEs' financial performance (FP). The design of this research is causal research with a survey method. In taking the sample, non-probability sampling was used with the convenience sampling technique on SME owners along the coast of West Aceh. The hypothesis was tested using the Structural Equation Model (SEM). The findings in this study prove that the three components of intellectual capital, namely human capital (HC), structural capital (SC), and relational capital (RC), affect the financial performance (FP) of SMEs. This study concludes that intellectual capital is significant for the financial performance of SMEs.

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“…Selain itu, hasil pengujian signifikansi jalur juga memperlihatkan nilaii koefisien parameternya. Hasil penelitian ini sejalan dengan penelitian sebelumnya menyatakan bahwa terdapat pengaruh positif mengintegrasikan nilai-nilai budaya pada keunggulan kompetitif disampaikan dalam hasil (Tupamahu, 2015;Mardatillah et al, 2020;Mardatillah l , 2022). Namun, penelitian sebelumnya belum membahas kemungkinan kearifan lokal sebagai variabel moderasi antara manajemen pengetahuan dan keunggulan bersaing berkelanjutan.…”

Section: Pengujian Hipotesisunclassified

Keunggulan Bersaing Pada Usaha Rumah Makan Padang di Pekanbaru Berbasiskan Kearifan Lokal

Mardatillah,

Rosmayani

2023

DLI

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This study aims to analyze the effect of knowledge management on sustainable competitive advantage through local wisdom in a Padang restaurant business in Pekanbaru. Knowledge-sharing activities in the Padang restaurant business in Pekanbaru are an essential problem to study because this still needs to be optimally implemented. The low understanding of business actors in carrying out knowledge-sharing activities is challenging to achieve competitive competitiveness. Even though the same cultural background can be a potential strength in this knowledge-sharing activity. The sample for this research was employees of a Padang restaurant business in Pekanbaru, which was determined by purposive sampling. The analysis technique uses SEM PLS, with the study results showing that knowledge management influences sustainable competitive advantage through local wisdom in the Padang restaurant business in Pekanbaru. This research contributes empirically to an essential understanding of knowledge management based on local learning to achieve sustainable competitive advantage in Padang restaurant businesses in Pekanbaru and successfully tests local wisdom as a moderating variable.

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Sustainable Competitive Advantage of Riau Malay Weaving Industry Based on Local Wisdom

Cited by 3 publications

References 20 publications

Sustainability of Business Strategy Based on Indigenous Product Creativity in the Weaving Industry of Palm Oil Waste in Riau, Indonesia

Sustainability of Business Strategy Based on Indigenous Product Creativity in the Weaving Industry of Palm Oil Waste in Riau, Indonesia

Analysis of the intellectual capital effect on SMEs' financial performance on West Aceh coast

Keunggulan Bersaing Pada Usaha Rumah Makan Padang di Pekanbaru Berbasiskan Kearifan Lokal

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