Factors Affecting Business Performance through Innovation Capabilities in New Independent Workers

Safitri Siswono; Sri Widyastuti; Tri Widyastuti

doi:10.38035/sijdb.v3i2.330

Authors

Safitri Siswono Doctoral Program in Economics, Pancasila University, Indonesia
Sri Widyastuti Doctoral Program in Economics, Pancasila University, Indonesia
Tri Widyastuti Doctoral Program in Economics, Pancasila University, Indonesia

DOI:

https://doi.org/10.38035/sijdb.v3i2.330

Keywords:

Business Performance, Innovation Capabilities, Self-Efficacy, Financial Literacy, Strategic Partnerships

Abstract

This study aims to analyze the influence of self-efficacy, financial literacy, and strategic partnerships on the business performance of New Independent Workers (TKMP) through innovation capabilities. TKMP is a group of new entrepreneurs who receive support from government programs in order to improve the economic independence of the community. The approach in this study is descriptive qualitative in the form of a literature review. The results of this study are: 1) Self-efficacy affects innovation capabilities; 2) Financial literacy affects innovation capabilities; 3) Strategic partnerships affect innovation capabilities; 4) Self-efficacy affects business performance; 5) Financial literacy affects business performance; 6) Strategic partnerships affect business performance; 7) Innovation capability affects business performance; 8) Self-efficacy affects business performance through innovation capability; 9) Financial literacy affects business performance through innovation capability; 10) Strategic partnerships affect business performance through innovation capability.

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