Dampak Implementasi Ekonomi Berkelanjutan dan Solusi Inovasi Sosial terhadap Kinerja Finansial dan Reputasi Perusahaan Start-up di Indonesia
Main Article Content
Abstract
Penelitian ini menyelidiki dampak implementasi ekonomi berkelanjutan dan solusi inovasi sosial terhadap kinerja keuangan serta reputasi perusahaan start-up di Indonesia. Dengan pendekatan kuantitatif, data dari 270 perusahaan start-up dikumpulkan melalui kuesioner terstruktur dengan skala Likert 1-5, dan dianalisis menggunakan Structural Equation Modeling-Partial Least Squares (SEM-PLS) untuk menguji hubungan antar variabel. Hasil menunjukkan bahwa praktik ekonomi berkelanjutan dan solusi inovasi sosial berpengaruh positif dan signifikan terhadap kinerja keuangan dan reputasi perusahaan, di mana inovasi sosial memiliki dampak lebih kuat terhadap reputasi, sementara implementasi ekonomi berkelanjutan lebih memengaruhi kinerja keuangan. Temuan ini menegaskan pentingnya integrasi strategi keberlanjutan dan inovasi sosial bagi perusahaan rintisan untuk mencapai kesuksesan finansial dan reputasi pasar yang kuat. Studi ini memberikan wawasan berharga bagi wirausahawan, investor, dan pembuat kebijakan, menyoroti pentingnya mendorong keberlanjutan dan inovasi dalam ekosistem kewirausahaan di Indonesia.
Article Details
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
References
Aini, E. K., Yuliaji, E. S., & Nafisa, L. (2023). Social Entrepreneur As Agent Of Change For Sustainable Development. Fostering Sustainable Entrepreneurship In Emerging Market: An Interdisciplinary Perspective, 240.
Ardhito, A. (2018). Pengaruh Kecerdasan Emosional Terhadap Perilaku Kerja Inovatif Pada Pemimpin Di Perusahaan Rintisan. Universitas Airlangga.
Atmaja, E. S., Fatimah, S., & Pascayanti, Y. (2023). Dampak dan konsekuensi perusahaan atau unit mikro kecil menengah (UMKM) setelah dikukuhkan sebagai pengusaha kena pajak (PKP) melalui infinity general consulting. Jurnal Aplikasi Perpajakan, 4(1), 12–21.
Bľanda, J., & Urbančíková, N. (2020). Social Entrepreneurship as a Tool of Sustainable Development. Quality Innovation Prosperity, 24(3), 21–36.
Bruce, E., Shurong, Z., Egala, S. B., Amoah, J., Ying, D., Rui, H., & Lyu, T. (2022). Social Media Usage and SME Firms’ Sustainability: An Introspective Analysis from Ghana. Sustainability (Switzerland), 14(15). https://doi.org/10.3390/su14159433
Carbó-Valverde, S., Cuadros-Solas, P. J., & Rodríguez-Fernández, F. (2022). Entrepreneurial, institutional and financial strategies for FinTech profitability. Financial Innovation, 8(1), 15.
Chen, Z. (2021). [Retracted] Research on Accounting Intelligence System Modeling of Financial Performance Evaluation. Security and Communication Networks, 2021(1), 5550382.
Cherian, J., Umar, M., Thu, P. A., Nguyen-Trang, T., Sial, M. S., & Khuong, N. V. (2019). Does corporate social responsibility affect the financial performance of the manufacturing sector? Evidence from an emerging economy. Sustainability (Switzerland), 11(4). https://doi.org/10.3390/su11041182
Egieya, Z. E., Ewuga, S. K., Omotosho, A., Adegbite, A. O., & Oriekhoe, O. I. (2023). A review of sustainable entrepreneurship practices and their impact on long-term business viability. World Journal of Advanced Research and Reviews, 20(3), 1283–1292.
Erwin, E., Lubis, A. F., Panjaitan, F. A. B. K., & Panjaitan, H. (2023). Addressing Cross-Sectoral Challenges in Consumer Culture for Sustainability and Social Justice in Indonesia. West Science Social And Humanities Studies, 1(04), 171–178.
Etikan, J. (2024). Corporate Social Responsibility (CSR) and its Influence on Organizational Reputation. Journal of Public Relations, 2, 1–12. https://doi.org/10.47941/jpr.1694
Florek-Paszkowska, A. K., & Hoyos-Vallejo, C. A. (2023). A comprehensive bibliometric analysis and future research directions in the nexus of sustainable business practices and turnover intention. Cleaner and Responsible Consumption, 11, 100146.
Fuadah, N., Nurdian, T., Fadhilah, N. H. K., Riany, M., Bahri, N. A., & Rusdiansyah, N. (2023). Implementation of Operational Audits in an Effort to Improve the Efficiency and Effectiveness of the Marketing Function BT - Proceedings of the International Conference on Economics, Management and Accounting (ICEMAC 2022). 227–238. https://doi.org/10.2991/978-94-6463-226-2_20
García, M. L. S., Vega, T. de J. V., & Limón, M. L. S. (2024). La Sustentabilidad Empresarial, los informes de sustentabilidad, los índices sustentables y el desempeño financiero. Lúmina, 25(1), 2.
Hasanuddin, H., Rimbano, D., Nuraini, A., Kuswandi, D., & Makkulau, A. R. (2024). Green Finance: Unlocking The Potential Of Sustainable Investment For Future Business Growth. Branding: Jurnal Manajemen Dan Bisnis, 3(1).
Hausberg, J. P., & Korreck, S. (2020). Business incubators and accelerators: a co-citation analysis-based, systematic literature review. Journal of Technology Transfer, 45(1), 151–176. https://doi.org/10.1007/s10961-018-9651-y
Ishbah, F. (2024). Pengaruh Employer Branding, Reputasi Perusahaan, Informasi Sosial Media dan Corporate Social Responsibility terhadap Niat Melamar Pekerjaan Generasi Milenial dan Generasi Z. El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam, 5(7), 3774–3789.
Judijanto, L., Rifky, S., & Sudarmanto, E. (2024). Peran Modal Ventura, Inovasi Produk Keuangan, dan Regulasi Pemerintah dalam Mendorong Pertumbuhan Start-Up FinTech di Indonesia. Jurnal Bisnis Dan Manajemen West Science, 3(02), 151–163.
Kadirova, S. (2024). Implementing Sustainable Practices In Industrial Enterprises: A Pathway To Economic Potential Growth. Iqtisodiy Taraqqiyot va Tahlil, 2(4), 94–98.
Khan, M. A. I., Syed, A. J., & Azharuddin, S. (2023). Social Entrepreneurship: Driving Change and Creating Positive Societal Impact. Social Entrepreneurship: Driving Change and Creating Positive Societal Impact.
Kristia, K. (2022). Pendampingan Inovasi Model Bisnis dan Perancangan Konten Pemasaran Digital Bagi UMKM Kenari Bake House YOGYAKARTA. Jurnal Sipissangngi, 2(2), 37–44.
Kumar, P., Sharma, L., & Sharma, N. C. (2024). Sustainable Development Balancing Economic Viability, Environmental Protection, and Social Equity. In Sustainable Partnership and Investment Strategies for Startups and SMEs (pp. 212–234). IGI Global.
Lahouirich, M. W., & Ezziadi, A. (2023). Assessing the Impact of Financial Performance on the Entrepreneurship Dynamic for Social and Economic Development in Businesses: A Case Study of the Marrakech-Safi Region. In Examining the Vital Financial Role of SMEs in Achieving the Sustainable Development Goals (pp. 149–178). IGI Global.
Lutzer, A. V. B., da Silva Britto, L. P., de Moraes, L. C. N., de Paula Carvalho, A., Moraes, A. S., Marques, F. R. V., Amaral, R. A., & Marques, I. C. (2024). Business Management and Environmental, Social and Corporate Governance: The Tripod of Sustainability in Organizations. Revista de Gestão Social e Ambiental, 18(8), e08563–e08563.
Manigandan, P., Alam, M. S., Murshed, M., Ozturk, I., Altuntas, S., & Alam, M. M. (2024). Promoting sustainable economic growth through natural resources management, green innovations, environmental policy deployment, and financial development: Fresh evidence from India. Resources Policy, 90, 104681.
Marwan, A., & Syauket, A. (2023). Pengembangan Hukum Perusahaan Modal Ventura Dan Perusahaan Rintisan Digital. Jurnal Adhikari, 2(3), 406–415.
Muharman, D. (2024). Sustainable Business of Kopi Kenangan as a Startup Company in Improving the Company’s Reputation and Competitiveness. MIMBAR: Jurnal Sosial Dan Pembangunan, 82–90.
Nagiah, G. R., & Suki, N. M. (2024). Linking environmental sustainability, social sustainability, corporate reputation and the business performance of energy companies: insights from an emerging market. International Journal of Energy Sector Management, ahead-of-print.
Naseer, M. M., & Bagh, T. (2024). Building a Sustainable Future: The Impact of Corporate Social Responsibility on Firms’ Sustainable Development. In The Emerald Handbook of Ethical Finance and Corporate Social Responsibility: A Framework for Sustainable Development (pp. 623–646). Emerald Publishing Limited.
Nawanir, G., Binalialhajj, M., Teong Lim, K., & Hanafiah Ahmad, M. (2019). Becoming Lean: The Way towards Sustainability of Higher Educations Institutions. KnE Social Sciences. https://doi.org/10.18502/kss.v3i22.5078
Nurul Rusdiansyah, & Silvia Sarikuswati. (2023). Sundanese Local Wisdom: Spirit in Management of Village Fund Budget . West Science Interdisciplinary Studies, 1(08 SE-Articles), 527–538. https://doi.org/10.58812/wsis.v1i08.160
Ortiz, O. L. O. (2024). Innovación social: Un enfoque integral para el desarrollo sostenible. Revista Internacional de Desarrollo Humano y Sostenibilidad, 1(1), 21–38.
Plachkov, D. (2024). Advancing Sustainability: The Role of Green Economy in Environmental Conservation and Resource Management. Environment. Technologies. Resources. Proceedings of the International Scientific and Practical Conference, 1, 310–314.
Putri, U. A. A. A. N. R. D. M. R. A. P. S. M. R. A. N. S. D. M. (2023). Pengembangan Umkm Jamur Tiram Dalam Upaya Pemulihan Ekonomi Masyarakat Cianjur Pasca Gempa. Martabe : Jurnal Pengabdian Kepada Masyarakat, Vol 6, No 4 (2023): Martabe : Jurnal Pengabdian Kepada Masyarakat, 1459–1465. http://jurnal.um-tapsel.ac.id/index.php/martabe/article/view/10867/pdf
Rhena, J., Hayadin, M. R., & Amory, J. D. S. (2023). The Significance of Social Entrepreneurship in Generating Solutions to Social and Economic Challenges. Journal of Contemporary Administration and Management (ADMAN), 1(3), 307–311.
Sari, N. T. P., & Kusumawati, A. (2022). Literature Review : The Efforts To Strengthening of Micro, Small and Medium-Sized Enterprises (MSME) in Indonesia. Asian Journal of Management, Entrepreneurship and Social Science, 2(01 SE-Articles), 98–115.
Seelos, C., & Mair, J. (2005). Social entrepreneurship: Creating new business models to serve the poor. Business Horizons, 48(3), 241–246.
Singh, S., & Mungila Hillemane, B. S. (2023). An analysis of the financial performance of tech startups: do quantum and sources of finance make a difference in India? Small Enterprise Research, 30(3), 374–399.
Siregar, M. R. (2022). Implementation of Green Entrepreneurship Through Corporate Social Responsibility Program: Asification of Clean Water Facilities in Sitada-Tada Hamlet. Jurnal Pengabdian Masyarakat Aufa (JPMA), 4(2), 31–33.
Sudirjo, F., Utami, E. Y., & Syahputri, A. (2024). Analyzing the Evolution of Sustainable Product Development Studies: A Bibliometric Review of Eco-friendly Innovation and Market Adoption. West Science Social and Humanities Studies, 2(03), 458–464.
Tudose, M. B., Rusu, V. D., & Avasilcai, S. (2022). Financial performance–determinants and interdependencies between measurement indicators. Business, Management and Economics Engineering, 20(1), 119–138.
Van Niekerk, L., Manderson, L., & Balabanova, D. (2021). The application of social innovation in healthcare: a scoping review. Infectious Diseases of Poverty, 10, 1–25.
Wit, B., Dresler, P., & Surma-Syta, A. (2021). Innovation in start-up business model in energy-saving solutions for sustainable development. Energies, 14(12), 3583.
Xie, G. H., Wang, L. P., & Lee, B. F. (2021). Understanding the Impact of Social Capital on Entrepreneurship Performance: The Moderation Effects of Opportunity Recognition and Operational Competency. Frontiers in Psychology, 12. https://doi.org/10.3389/fpsyg.2021.687205
Yusuf, M. P., & Etikariena, A. (2023). Perilaku Kerja Inovatif Pada Perusahaan Rintisan: Peran Kepemimpinan Inklusif, Keamanan Psikologis, dan Pemberdayaan Psikologis. Gadjah Mada Journal of Psychology (GamaJoP), 9(1), 123–144.
Пармакли, Д., & Тодорич, Л. (2023). Peculiarities of assessing the financial performance of enterprises in the dynamics. Strategii Și Politici de Management În Economia Contemporană, 312–317.