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Growing Science » Uncertain Supply Chain Management » The role of innovation capability in mediation of COVID-19 risk perception and entrepreneurship orientation to business performance

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Uncertain Supply Chain Management

ISSN 2291-6830 (Online) - ISSN 2291-6822 (Print)
Quarterly Publication
Volume 11 Issue 1 pp. 227-236 , 2023

The role of innovation capability in mediation of COVID-19 risk perception and entrepreneurship orientation to business performance Pages 227-236 Right click to download the paper Download PDF

Authors: Nyoman Surya Wijaya, Putu Laksmita Dewi Rahmayanti

DOI: 10.5267/j.uscm.2022.10.004

Keywords: Covid-19 risk perception, Entrepreneurial orientation, Innovation capability, Business performance

Abstract: The purpose of this study is to explain how innovation capability influences business performance by mediating the effect of Covid-19 risk perception and entrepreneurial orientation. This study's population consists of MSMEs in Bali's tourism and creative industries. Purposive sampling was utilized to choose 90 managers of MSMEs in the tourist and creative economy sectors. Path Analysis with SEM-PLS was employed as the analytical approach. The findings revealed that the COVID-19 Risk Perception had a negative and significant impact on business performance, but the Entrepreneurship Orientation had a positive and significant impact. Furthermore, COVID-19 Risk Perception had a negative and significant impact on Innovation Capability; while the Entrepreneurship Orientation had a positive and significant effect on Innovation Capability; and Innovation Capability had a positive and significant impact on business performance. In addition, Innovation Capability was able to mediate the influence of COVID-19 Risk Perception and Entrepreneurship Orientation on business performance. Therefore, it is important for MSMEs in the tourism and creative economy sectors in Bali to improve their Entrepreneurship Orientation so that they are able to build higher innovation capabilities in order to improve business performance in facing the risks of the COVID-19 pandemic.

How to cite this paper
Wijaya, N & Rahmayanti, P. (2023). The role of innovation capability in mediation of COVID-19 risk perception and entrepreneurship orientation to business performance.Uncertain Supply Chain Management, 11(1), 227-236.

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Journal: Uncertain Supply Chain Management | Year: 2023 | Volume: 11 | Issue: 1 | Views: 1471 | Reviews: 0

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