Resilience acceleration model of small and medium enterprises through digital transformation
DOI:
https://doi.org/10.15549/jeecar.v10i4.1355Keywords:
Entrepreneurial Ecosystem, Digital Transformation, Collaboration Capability, SMEs ResilienceAbstract
This research aims to simulate SMEs' digital transformation approach to improve their commercial toughness in the aftermath of the Covid-19 outbreak. Quantitative research employing the unit analysis of 200 SME proprietors in Bandung, Indonesia, is utilized. The Structural Equation Model (SEM) analyzes data that examines the influence between variables. The outcomes show that 1) the setting for entrepreneurship and digital transformation has an impact on collaboration capabilities, 2) the environment for entrepreneurship and the digital transition has an impact on the ups and downs of digital transformation, 3) digital transformation and collaboration capability influence innovation value, and 4) digital transformation, collaboration capabilities, and innovation value influence the resilience of SMEs. This study established that digital transformation, collaboration capability, and innovation value substantially impact the resilience of SMEs.
References
Adger, W. N. (2000). Social and ecological resilience: Are they related? Progress in Human Geography, 24(3), 347–364. https://doi.org/10.1191/030913200701540465 DOI: https://doi.org/10.1191/030913200701540465
Alberti, F. G., Ferrario, S., & Pizzurno, E. (2018). Resilience: resources and strategies of SMEs in a new theoretical framework. International Journal of Learning and intellectual capital, 15(2), 165-188. https://doi.org/10.1504/IJLIC.2018.091969 DOI: https://doi.org/10.1504/IJLIC.2018.091969
Berghaus, S., Back, A., & Kaltenrieder, B. (2017). Digital Maturity & Transformation Report 2017. St. Gallen. Retrieved from www.crosswalk.ch/dmcheck DOI: https://doi.org/10.15444/GFMC2017.05.05.01
Bhamra, R., Dani, S., & Burnard, K. (2011). Resilience: The concept, a literature review and future directions. International Journal of Production Research, 49(18), 5375–5393. https://doi.org/10.1080/00207543.2011.563826 DOI: https://doi.org/10.1080/00207543.2011.563826
Bonanno, G. A. (2004). Loss, Trauma, and Human Resilience: Have We Underestimated the Human Capacity to Thrive after Extremely Aversive Events? American Psychologist, 59(1), 20–28. https://doi.org/10.1037/0003-066X.59.1.20 DOI: https://doi.org/10.1037/0003-066X.59.1.20
Bianchini, M., & Kwon, I. (2021). Enhancing SMEs’ Resilience through Digitalization The Case of Korea Enhancing SMEs ’ Resilience through Digitalization : The Case of Korea. https://doi.org/10.1787/23bd7a26-en DOI: https://doi.org/10.1787/23bd7a26-en
Cantner, U., Cunningham, J. A., Lehmann, E. E., & Menter, M. (2021). Entrepreneurial ecosystems: A dynamic lifecycle model. Small Business Economics, 57, 407-423. https://doi.org/10.1007/s11187-020-00316-0 DOI: https://doi.org/10.1007/s11187-020-00316-0
Chetty, S. K., & Stangl, L. M. (2010). Internationalization and innovation in a network relationship context. European Journal of Marketing, 44(11/12), 1725-1743. https://doi.org/10.1108/03090561011079855 DOI: https://doi.org/10.1108/03090561011079855
Demmer, W. A., Vickery, S. K., & Calantone, R. (2011). Engendering resilience in small-and medium-sized enterprises (SMEs): a case study of Demmer Corporation. International Journal of Production Research, 49(18),5395-5413. https://doi.org/10.1080/00207543.2011.563903 DOI: https://doi.org/10.1080/00207543.2011.563903
De Silva, M., Howells, J., & Meyer, M. (2018). Innovation intermediaries and collaboration: Knowledge–based practices and internal value creation. Research Policy, 47(1), 70–87. https://doi.org/10.1016/j.respol.2017.09.011 DOI: https://doi.org/10.1016/j.respol.2017.09.011
Duarte, A., & Krajsic, A. V. (2016). Journal of Enterprising Communities: People and Places in the Global Economy. Global Economy Iss European Journal of Training and Development Journal of Consumer Marketing Iss Downloaded by LUND UNIVERSITY At, 9(2310), 94–113. http://dx.doi.org/10.1108/JEC-09-2014-0018 DOI: https://doi.org/10.1108/JEC-09-2014-0018
Birch, D. (1979). The job generation process: MIT program on neighborhood and regional change.
Gil Forer. (2020). The resilience of natural ecosystems offers lessons for businesses in diversity, symbiosis, adaptation and complementary niches. EYQ.
Holling, C. S. (1973). Resilience and stability of ecological systems. Annual review of ecology and systematics, 4(1), 1-23. https://doi.org/10.1146/annurev.es.04.110173.000245 DOI: https://doi.org/10.1146/annurev.es.04.110173.000245
Hussain, I., Farooq, Z., & Akhtar, W. (2012). SMEs development and failure avoidance in developing countries through public private partnership. African Journal of Business Management, 6(4), 1581-1589. https://doi.org/10.5897/ajbm11.2526 DOI: https://doi.org/10.5897/AJBM11.2526
Isenberg, D. J. (2011). The Entrepreneurship Ecosystem Strategy as a New Paradigm for Economic Policy: Principles for Cultivating Entrepreneurship. The Babsos Entrepreneurship Ecosystem Project, 1(781), 1–13. http://www.wheda.com/uploadedFiles/Website/About_Wheda/Babson Entrepreneurship Ecosystem Project.pdf
Jones, K., & Proverbs, D. (2008). Investigating SME resilience and their adaptive capacities to extreme weather events: A literature review and synthesis. BUILDING RESILIENCE, 108. https://www.researchgate.net/publication/228706390
Jørgensen, F., & Ulhøi, J. P. (2010). Enhancing innovation capacity in SMEs through early network relationships. Creativity and innovation management, 19(4), 397-404. https://doi.org/10.1111/j.1467-8691.2010.00577.x DOI: https://doi.org/10.1111/j.1467-8691.2010.00577.x
Kesk?n, H., ?entürk, C., Sungur, O., & K?r??, H. M. (2010, June). The importance of SMEs in developing economies. In 2nd international symposium on sustainable development (pp. 183-192).
Korber, S., & McNaughton, R. B. (2018). Resilience and entrepreneurship: a systematic literature review. International Journal of Entrepreneurial Behaviour and Research, 24(7), 1129–1154. https://doi.org/10.1108/IJEBR-10-2016-0356 DOI: https://doi.org/10.1108/IJEBR-10-2016-0356
Lai, E. R. (2011). Collaboration: A Literature Review Research Report. Research Reports, April, 41.
Law No. 9, 1995 on Small Businesses, Article 1 point 8
Malhotra, N. K. (2015). Essentials of Marketing Research (Global Edi). Pearson Education Limited.
Limnios, E. A. M., Mazzarol, T., Ghadouani, A., & Schilizzi, S. G. (2014). The resilience architecture framework: Four organizational archetypes. European Management Journal, 32(1), 104-116. https://doi.org/10.1016/j.emj.2012.11.007 DOI: https://doi.org/10.1016/j.emj.2012.11.007
Mansfield, E. (1988). The Speed and Cost of Industrial Innovation in Japan and the United States: External vs. Internal Technology. Management Science, 34(10), 1157–1168. https://doi.org/10.1287/mnsc.34.10.1157 DOI: https://doi.org/10.1287/mnsc.34.10.1157
Manyena, S. B. (2006). The concept of resilience revisited. Disasters, 30(4), 434–450. https://doi.org/10.1111/j.0361-3666.2006.00331.x DOI: https://doi.org/10.1111/j.0361-3666.2006.00331.x
Martin, A. (2008). Digital Literacy and the “Digital. Digital literacies: Concepts, policies and practices, 30(151), 1029-1055.
McDonald Mark, P., & Rowsell-Jones, A. (2012). The Digital Edge. Exploiting Information and Technology for Business Advantage.
Nguyen Thi Xuan Hoa, & Tuyen, N. T. (2021). A model for assessing the digital transformation readiness for Vietnamese SMEs. Journal of Eastern European and Central Asian Research (JEECAR), 8(4), 541-555. https://doi.org/10.15549/jeecar.v8i4.848 DOI: https://doi.org/10.15549/jeecar.v8i4.848
Patriarca, R., Bergström, J., Di Gravio, G., & Costantino, F. (2018). Resilience engineering: Current status of the research and future challenges. Safety Science, 102(December 2016), 79–100. https://doi.org/10.1016/j.ssci.2017.10.005 DOI: https://doi.org/10.1016/j.ssci.2017.10.005
Pavi?evi?, O. (2016). Koncept otpornosti u sociologiji. Sociologija, 58(3), 432–449. https://doi.org/10.2298/SOC1603432P DOI: https://doi.org/10.2298/SOC1603432P
Pürhani, S., Huseynova, A., Hakimova, Y., Kashiyeva, F., & Guluzada, E. (2023). Features of capital investment in innovation: The case of industrial SMEs in the GUAM countries. Journal of Eastern European and Central Asian Research (JEECAR), 10(2), 281-292. https://doi.org/10.15549/jeecar.v10i2.1266 DOI: https://doi.org/10.15549/jeecar.v10i2.1266
Yates, T. M., Tyrell, F. A., & Masten, A. S. (2015). Resilience Theory and the Practice of Positive Psychology From Individuals to Societies. Positive Psychology in Practice: Promoting Human Flourishing in Work, Health, Education, and Everyday Life: Second Edition, Id 0951775, 773–788. https://doi.org/10.1002/9781118996874.ch44 DOI: https://doi.org/10.1002/9781118996874.ch44
Zaid, S. (2022). The market turbulence, entrepreneurial marketing and marketing performance: An empirical study of tuna fillets SME’s industry in Southeast Sulawesi, Indonesia. Journal of Eastern European and Central Asian Research (JEECAR), 9(6), 1008-1020. https://doi.org/10.15549/jeecar.v9i6.970 DOI: https://doi.org/10.15549/jeecar.v9i6.970
Zimmerman, M. A. (2013). Resiliency Theory. Health Education & Behavior, 40(4), 381–383. https://doi.org/10.1177/1090198113493782 DOI: https://doi.org/10.1177/1090198113493782
Downloads
Published
How to Cite
Issue
Section
License
The JEECAR journal allows the author(s) to hold the copyright and publishing rights of their own manuscript without restrictions.
This journal applies the Creative Attribution Common License to works we publish, and allows reuse and remixing of its content, in accordance with a CC-BY 4.0 license.
Authors are free to: Share — copy and redistribute the material in any medium or format and Adapt — remix, transform, and build upon the material for any purpose, even commercially.
Under the following terms: Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
No additional restrictions — The author may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
The JEECAR Journal is committed to the editorial principles of all aspects of publication ethics and publication malpractice as assigned by the Committee on Public Ethics.