Innovation in technology-based creative industries
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Oct 30, 2023
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Abstract
The purpose of this research is to explain the importance of innovation strategies in efforts to improve corporate performance and the competitive advantage of technology-based creative industries. The descriptive qualitative approach is used in this study to analyze technology-based innovative industrial entrepreneurs. Using the snowball technique to collect responders or informants. In-depth interviews, observation, and documentation studies were used to collect data. After collecting data in the field, the data will be validated using data source triangulation techniques. Qualitative data was processed in three stages: data reduction, data presentation, and conclusion drafting. According to the findings of the study, technology-based creative entrepreneurs are open to new ideas and concepts in building the company's business and have made innovation a part of their business strategy. However, only a small percentage of respondents made investments to grow their businesses
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How to Cite
Fitri, F., Anggraeni, D., Hidayat, W., & Anzali, M. N. (2023). Innovation in technology-based creative industries. Enrichment : Journal of Management, 13(4), 2569-2575. https://doi.org/10.35335/enrichment.v13i4.1622
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Tavassoli, S., & Karlsson, C. (2015). Innovation strategies and firm performance: Simple or complex strategies? Economics of Innovation and New Technology., 25(7), 1–20. https://doi.org/10.1080/10438599.2015.1108109
Adinata, W., Rusylda, E., Saraswati, H., & Hidayat, W. (2023). Pengaruh Penggunaan QRIS Sebagai Alat Pembayaran Terhadap Kepuasan Nasabah. BUSINESS: Scientific Journal of Business and Entrepreneurship, 1(2), 94–108. https://journal.csspublishing/index.php/business
Bala, H., & Feng, X. (2019). Success of small and medium enterprises in Myanmar: Role of technological, organizational, and environmental factors. Journal of Global Information Technology Management, 22(2), 100–119. https://doi.org/10.1080/1097198X.2019.1603511
Bouwman, H., Nikou, S., Molina-Castillo, F. J., & de Reuver, M. (2018). The impact of digitalization on business models. Digital Policy, Regulation and Governance. Digital Policy, Regulation and Governance, 20(2), 105–124. https://doi.org/10.1108/DPRG-07-2017-0039
Burgelman, R. A., Christensen, C. M., & Wheelwright, S. C. (2004). Strategic management of technology and innovation. McGraw-Hill.
Cooper, R. G., & Edgett, S. J. (2010). Developing a product innovation and technology for your business. Research Technology Management, 55(3), 33–40. https://doi.org/10.1109/EMR.2010.5645762
Goedhuys, M., & Veugelers, R. (2012). Innovation strategies, process and product innovations and growth: Firm-level evidence from Brazil. Structural Change and Economic Dynamics 23, 23(4), 516–29. https://doi.org/10.1016/j.strueco.2011.01.004
Hanclova, J., Rozehnal, P., Ministr, J., & Tvrdikova, M. (2015). The determinants of IT adoption in SMEs in the Czech-Polish border areas. Information Technology for Development, 21(3), 426– 444. https://doi.org/10.1080/02681102.2014. 916249
Hervas-Oliver, J.-L., Sempere-Ripoll, F., & Boronat-Moll, C. (2014). Process innovation strategy in SMEs, organizational innovation and performance: a misleading debate? Small Business Economics, 43(4), 873–886. https://doi.org/10.1007/s11187-014-9567-3
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Hidayat, W., Fitri, F., & Bakri, U. (2020). The Analysis Of Auditor Emotional Intelligence Using The Rasch Model. SEIKO: Journal of Management & Business, 3(3), 342–352. journal.stieamkop.ac.id/seiko
Hotho, S., & Champion, K. (2010). We are always after that balance: Managing innovation in the new digital media industries. Journal of Technology Management and Innovation, 5(3), 36–50. https://doi.org/10.4067/S0718-27242010000300003
Jayaram, J., Oke, A., & Prajogo, D. I. (2014). The antecedents and consequences of product and process innovation strategy implementation in Australian manufacturing firms. International Journal of Production Research, 52(15), 4424–4439. https://doi.org/10.1080/00207543.2013.849363
Khoirunisa, R., Danang, M. F., Indra, G. P. P., Saraswati, H., & Hidayat, W. (2023). Pengaruh Penggunaan BSI Mobile Terhadap Minat Belanja di Marketplace. IJM: Indonesian Journal of Multidisciplinary, 1(1), 227–286. https://journal.csspublishing/index.php/ijm
Love, J. H., Roper, S., & Vahter, P. (2014). Dynamic complementarities in innovation strategies. Research Policy, 43(10), 1774–1784. https://doi.org/10.1016/j.respol.2014.05.005
Mata, J., & Woerter, M. (2013). Risky innovation : The impact of internal and external R&D strategies upon the distribution of returns. Research Policy, 42(12), 495–501. https://doi.org/10.1016/j.respol.2012.08.004
Maulana, A., Nuriart, S., Iman, H., Jannah, M., & Hidayat, W. (2023). Pengaruh Faktor-Faktor Ekonomi Terhadap Preferensi Pekerjaan Mahasiswa. Jurnal Riset Ekonomi Dan Akuntansi, 1(2), 167–181. https://doi.org/10.54066/jrea-itb.v1i2.282
Mbuyisa, B., & Leonard, A. (2017). The role of ICT use in SMEs towards poverty reduction: A systematic literature review. Journal of International Development, 29(2), 159–197. https://doi.org/10.1002/jid.3258
Miles, M. ., Huberman, A. ., & Saldana, J. (2014). Qualitative Data Analysis: A Methods Sourcebook. Sage.
Nurfatmala, Hidayat, S., Kasem, & Hidayat, W. (2023). Analisis Penggunaan Shopee Paylater Terhadap Perilaku Konsumtif Mahasiswa FEBI UIN Sultan Maulana Hasanuddin Banten. IJM: Indonesian Journal of Multidisciplinary, 1(2), 586–594. https://journal.csspublishing.com/index.php/ijm/article/view/177
Paladino, A. (2007). Investigating the drivers of innovation and new product success: a comparison of strategic orientations. Product Innovation Management, 24(6), 534–553. https://doi.org/10.1111/j.1540-5885.2007.00270.x
Peón, D., & Martínez-Filgueira, X. (2020). Determinants of investing in innovative activities by agrifood and KIBS firms in rural areas: An exploratory analysis. Journal of Small Business Management, 58(6), 1155– 1186. https://doi.org/10.1111/ jsbm.12513
Pergelova, A., Manolova, T., Simeonova-Ganeva, R., & Yordanova, D. (2019). Democratizing entrepreneurship? Digital technologies and the internationalization of female-led SMEs. Journal of Small Business Management, 57(1), 14–39. https://doi.org/10.1111/jsbm.12494
Rachinger, M., Rauter, R., Müller, C., Vorraber, W., & Schirgi, E. (2019). Digitalization and its influence on business model innovation. Journal of Manufacturing Technology Management, 30(8), 1143-1160. https://doi.org/10.1108/JMTM-01-2018-0020
Rofaida, R., Suryana, Aryanti, A. N., & Perdana, Y. (2020). trategi Inovasi pada Industri Kreatif Digital: Upaya Memperoleh Keunggulan Bersaing pada Era Revolusi Industri 4.0. Jurnal Manajemen Dan Keuangan, 8(3), 402–414. https://doi.org/10.33059/jmk.v8i3.1909
Sanjaya, B., & Hidayat, W. (2022). Student speaking skill assessment: Techniques and results. International Journal of Evaluation and Research in Education (IJERE), 11(4), 1741–1748. https://doi.org/10.11591/ijere.v11i4.22782
Schroeder, H. (2013). Strategic Innovation for Business Performance: The Art and Science of Transformation. Technology Innovation Management Review, 3(9), 6–12. https://doi.org/10.22215/timreview/722
Sekaran, U., & Bougie, R. (2013). Research Methods for Business: A Skill-Building Approach (6th ed.). Wiley.
Smith, D. (2010). Exploring innovation. McGraw-Hill Higher Education.
Tavassoli, S., & Karlsson, C. (2015). Innovation strategies and firm performance: Simple or complex strategies? Economics of Innovation and New Technology., 25(7), 1–20. https://doi.org/10.1080/10438599.2015.1108109