Title: The importance of market information accessibility to enhancing SMEs Indonesian superior financial performance
Authors: Nuryakin; Rochmi Widayanti; Ratna Damayanti; Susanto
Addresses: Management Department, Universitas Muhammadiyah Yogyakarta, Indonesia ' Management Department, Universitas Islam Batik, Surakarta, Indonesia ' Management Department, Universitas Islam Batik, Surakarta, Indonesia ' Management Department, Universitas Muhammadiyah Yogyakarta, Indonesia
Abstract: This research aims is to investigation an empirical research the influence of market information accessibility and social capital on product innovation capability to enhancing superior financial performance with financial literacy as the control variable. The study is conducted with SMEs scope of export based brass industry cluster in Boyolali, Central Java. The analysis unit is conducted with the owners or manager of export based brass industry in Central Java. The collection of data for this research was done by the use of purposive sampling. This study takes 200 respondents as its sample. The structural equation modelling (SEM) analysis is employed for model testing and hypothesis with the AMOS program. The results of this research show that market information accessibility and social capital positively significantly effect on product innovation capability and superior financial performance. This research also finds that financial literacy as a control variable to enhancing superior financial performance.
Keywords: market information accessibility; social capital; product innovation capability; financial literacy; superior financial performance; Indonesia.
International Journal of Business Innovation and Research, 2021 Vol.25 No.1, pp.1 - 18
Received: 31 Oct 2018
Accepted: 06 Jul 2019
Published online: 05 May 2021 *