Innovation model for MSMEs recovery business strategy: Lessons from tourism area during the COVID-19 pandemic
| Main Authors: | Fitriaty, Fitriaty, Elliyana, Dessy, Widiastuti, Fitri |
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| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
, 2022
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| Subjects: | |
| Online Access: |
https://online-journal.unja.ac.id/JES/article/view/18136 https://online-journal.unja.ac.id/JES/article/view/18136/14186 |
Daftar Isi:
- This study aims to analyze the performance of MSMEs in tourist areas in Jambi Province by integrating innovation models and recovery strategies during the COVID-19 pandemic. The research was conducted in several main tourist areas in Jambi Province. The population in this study were all MSME entrepreneurs in the selected tourist area, with a sample of 151 entrepreneurs. The data is sourced from interviews (questionnaire-based) with MSME entrepreneurs and in-depth interviews with MSME entrepreneurs, the Jambi Provincial Tourism Office, and the Jambi Province Industry and Trade Office. The data were analyzed with the SEM-PLS analysis tool. The analysis found that competitive strategy and innovation positively affected the productivity of MSMEs. Likewise, productivity has a positive effect on the performance of MSMEs. Furthermore, there are three main strategies to recover the MSME business: digitizing business, controlling and assessing supply chains, and utilizing business assistance from the government.