Batik SMEs In East Java Indonesia: Interrelationship Between Personal Value and Management Skills Towards SMEs Performance in The New Normal Era
DOI:
https://doi.org/10.31098/jsetp.v1i2.730Keywords:
Management skills, personal values, Batik SMEs performance in the new normal eraAbstract
The development of Batik SMEs in East Java shows a sector that is highly affected by the pandemic due to the unpreparedness of SMEs to face the pandemic conditions. The need for encouragement from the government and strengthening this sector so that it can develop again and make a positive contribution to the regional and national economy. Managerial aspects and personal values owned by Batik SMEs in East Java are expected to be a reinforcing factor for SMEs in facing a very dynamic environment. The purpose of this study was to determine the relationship between personal values and management skills on the performance of Batik SMEs during the new normal era in East Java, Indonesia. The data used were obtained through a survey using a questionnaire, which was then analyzed by factor analysis, descriptive statistics, Pearson product-moment correlation, and multiple regression. The results of the study stated that there was no relationship between personal values and performance, and there was no relationship between management skills and the performance of Batik SMEs in East Java, Indonesia. This research does not include external factors of the research variables, namely government policies that can be measured by inflation rates and tax policies, as well as Bank Indonesia credit interest rates. This study uses the variable management skills, personal values, and performance of Batik SMEs in East Java during the normal era, which are products with local cultural features.
Downloads
References
Aisyah, Aminy, Kartika Fitriasari, Dinas Koperasi dan UMKM Propinsi Jawa Timur, (2020), “Analysis of the impact of Covid 19 for SMEs in East Java Indonesia”, Conference. Pdf [Article % 20 Text.2203-2-10]
Alvarez, S. and Busenitz, L., (2001), “ The entrepreneurship of resource- based theory”, Journal of Management, Vol. 27 No. 6, pp. 755-775.
Appuhami, R., (2007), “The impact of intellectual capital on investors capital gain on shares: an empirical investigation of Thai banking, finance, and insurance sector”, International Management Review, Vol. 3 No.2, pp. 14-25.
Asah, Francis and Ellen Rungani., (2015). “The Impact of Motivations , Personal Values and Management Skills on the Performance of SMEs in South Africa.” African Journal of Economic and Management Studies 6(3):308–22.
Barney, J. B., (1991), Firm Resources and Sustained Competitive Advantage, Journal of Management 17(1) : 99-120.
Chew, David A. S. et al., (2015). “Core Capability and Competitive Strategy for Construction SMEs in China.” Chinese Management Studies 2(3):203–14.
Cinera, X., M.Cruz, E. Davies. Grover, L. Lacovone, J. E. Lopezz, D. Medvedev, F. O. Maduko, G. Navyar, S. R. Ortega and J. Torres, 2020, “ Policies to support Business through the Covid 19 Shock : A Firm level prespective”, Covid Economic, 64.
Collis, David dan Montgomery, Cynthia., (2004), Corporate Strategy : A Resource Based Approach, 2nd Edition, Irwin McGraw-Hill, Boston.
Clarke, M., Seng, D. Whiting, R.H., (2010), “Intellectual capital and firm performance in Australi”, available at :http://otago.ourachive.ac.nz (accessed 19 December 2019).
Dilani Jayawarna, Allan Macpherson, Alison, Wilson., (2006), “Managers’ perception of management development needs of manufacturing SMEs”, education +Training, Vol. 48 Issue :8/9, pp. 666-681.
Fukukawa, K. Shafer, W.E. and Lee, G.M. (2007), “Values and attitude towards social and enviromental accountability: a study of of MBA students”, Journal of Business Ethics. Vol. 71, No. 4, pp. 381-394.
Ganotakis P., (2010),”Founder’s human capital and the performance of Uk new technology based firms”, Small Business Economics, Vol. 35 No. 4, pp. 1-21
Gao, K. and Kotey, B., (2008),”Chinese values and SME Strategy in the Chinese economic transition : how close are they to the west?” International council for small business world conference, Halifax Nova Scotia, 22-25 June.
Haber, S. and Reichel, A., (2005), “ Identifing meausures of small ventures-the case of the tourism industry”, Journal of Small Business Management, Vol. 43 No. 3, pp. 257-286.
Hamid, Zeeshan., (2017). “Impact Of High-Performance Work Systems On Export-Oriented Smes Performance: The Mediating Role Of Human Capital Development.” 11(2):142–64.
Hine, D. C., Parker, R., and Ireland. D., (2010), The knowledge exchange intermediary as service provider, A discussion and an Australian case, The service industry Journal, 30 (5), 713-729.
Jose Carlos, M. N., Pinho, (2011), Social capital and dynamic capabilities in international performance of SMEs, Journal of Strategy Management, Vol.4 No. 4, pp. 404-421.
Junid, S., (2010), “Modal dan Keuangan Usahawan Melayu, Pelaksanaan Program Ekonomi Inovatif dan Pragmatik : Cadaangan Perubuhan BMEB (Bank Mode Ekonomi Baru / Bank I Malaysia) Kertas Kerja a3, Konvensyen Usahawan Melayu, NGO Force ke 3 Penjana Ekonomi Banagsa, Kuala Lumpur.
Kusrianto, Adi., (2013), “Batik : Filosofi Motif dan Kegunaan. Yogyakarta. Penerbit Andi
Lichtenthaler, U. and Lichtenthaler, E. (2009), “Capability based framework for open innovation : Complementing absorptive capasity”, Journal of Management Studies, Vol.46. No. 8, pp. 1315-1338.
Martin, C.B., McNally, J.J., & Kay, M.J., (2013), Examining the formation of human capital in entrepreneurship : a meta-analysis of entrepreneurship education outcomes, Journal of Business Venturing, 28 (2), 211-224.
Martin, G. and Staines, H., (2008). Managerial competencies in small firm. Available at : www. Emeraldinsight. Com/insight/viewcontentitem.do?.contenttype (accessed 7 May 2020)
Mazzarol, T., Reboud, S. and Soutar, G.N., (2009), “Strategic planning in growth oriented small firms”, International Journal of Entrepreneurial Behavior & Research, Vol. 15 NO. 4, pp.330-355.
Oyedele, M.O., Oluseyi, O., Olalekan, A., Kabuoh, M., and Elemo, G.N., (2014) on Entrepreneurial success of small and medium enterprises (SMEs) :”A Conceptual and Theoritical framework”, Journal of Economics and sustainable development, ISSN 2222-1700 (paper), ISSN 2222-2855 (online), Vol. 5 No. 16.
Pansiri, Jaloni; Tentime, Zelealem, T., (2008). “Assessing Managerial Skills in SMEs for Capacity Building.” Journal of Management Development 27(2):251–60.
Pemerintah Republik Indonesia, Unsang-Undang No. 20 Tahun (2008) tentang Usaha Kecil, Mikro, dan Menengah.
Perren, L. and Grant, P., (2001), Management and Leadership in U.K. SMEs : Witness testimonies from the word of entrepreneurs and SME Managers, The Excellence in Management and Leadership, London.
Penrose, E.T., The theory of the growth of the firm, 3rd edition, USA : Oxford University Press, 1959.
Rotter, J.B., (1972),”An introduction to social learning theory”, in Rotter, J.B., Chance, J.E., and Phares, E.J., (Eds), Application of Social Learning Theory of Personality, Holt, Rinehart and Winston, New York, NY, pp.134-141.
Sagiv, L., and Schwartz, S., (1995), “Value priorities and readiness for out-group social contact”, Journal of personality and social psychology, vol. 69 No.3, p.437.
Sampe, F., (2012). The influence of organizational learning on performance in Indonesian SMEs. PhD thesis. Southern Cross University. Lismore. NSW.
Schwartz, S. H., (1992), “Universals in the content and structure of value : Theoritical advances and empirical test in 20 countries”, Advances in experimental social psychology, Vol. 25, pp.1-65.
Schwartz, S. H., (2009), “Basic human values”, paper presented at the cross-National comparison seminar on the quality and comparability of measures for construct in comparative research : Methods and Applications, Bolzano.
Serban, A. D., (2015), "How Personal Values Influence Romanaian CSR Managers Involvement in CSR Campaigns", Management Dynamics in the Knowledge Economy, Vol. 3 No. 4, pp 729-748.
Shariff, M. N. M., and Peou, C., (2008), “The relationship entrepreneurial values, firm financing and the management and growth performance of SMEs in Cambodia”, Problems and perspectives in Management, Vol. 6 No. 4, pp. 55-64.
Shiu, H.J., (2006), “The application of the value added intellectual coefficinet to measure corporate performance : evidence from technological firms”, International Journal of Management, Vol. 23 No. 2, pp. 356-365.
Thakur, A. and Kohli, S., (2015). Relationship between personal values and perception towards corporate social responsibility : a critical review. IJABER, Vol. 13 No. 3, pp. 997-1003.
Wu. W., (2008). Dimensions of social capital and firm competitiveness improvement : the mediating role of information sharing. Journal of Management Studies, Vol. 45 No. 1, pp. 122-146.
Yaakob, N., Mahmood, R., Zin, M.S., & Puteh, M., (2014), “Factors affecting the performance of small business start-ups under Tunas Mekar Programme”, in the proceedings of the ASEAN Entrepreneurship Conference", Available at http://link.Springer.com/book/10.1007/978-981-10-0036-2.
Yamori, N. and T. Aizawa, (2020), "The impact of the first wave of the COVID 19 crisis on small and medium-sized enterprises nd credit Guraantee Responses: earlier lessons from Japan, CVID Economic, 63.
Zainol, F.N. and Ayadurai, S., (2011), “Entrepreneurial orientation and firm performance : the role of personality traits in family firms in Malaysia”, International Journal of Business and Social Science,Vol.2 No. 1, pp. 59-71.
Downloads
Article Metrics
- 0 times
- 119 times
