The Role of Eco – Innovation in Mediating The Relationship Between Financial Literacy and Sustainability of UMKM in Central Java

The micro, small, and medium enterprises sector is the driving force of a country's economy, but along with the times there are still many problems that occur and have not been resolved, one of which is financial knowledge and innovations. The purpose of this study is to investigate and test th...

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Main Authors: Laily Hasanah Fabribda, Winarsih Winarsih
Format: Article
Language:Indonesian
Published: Universitas Dian Nuswantoro 2025-03-01
Series:Jurnal Penelitian Ekonomi dan Bisnis
Subjects:
Online Access:https://publikasi.dinus.ac.id/index.php/jpeb/article/view/11693
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author Laily Hasanah Fabribda
Winarsih Winarsih
author_facet Laily Hasanah Fabribda
Winarsih Winarsih
author_sort Laily Hasanah Fabribda
collection DOAJ
description The micro, small, and medium enterprises sector is the driving force of a country's economy, but along with the times there are still many problems that occur and have not been resolved, one of which is financial knowledge and innovations. The purpose of this study is to investigate and test the sustainability of MSMEs with Financial Literacy and Innovation. Study This uses a quantitative approach, research data in the form of primary data through questionnaires and taking population as well as research samples from the actors or managers of MSMEs as many as 433 respondents. The sampling method used was purposive sampling technique. The independent variable in this study is financial literacy, the intervening variable is eco-innovation and the dependent variable is the sustainability of MSMEs. The method used in analyzing the data is simple linear regression analysis with SPSS version 24 software. The results of the classical assumption test are normal, multicollinearity does not occur, heteroscedasticity does not occur. The results of this study prove that financial literacy has a significant positive effect on the sustainability of MSMEs, and financial literacy has a significant positive effect on eco-innovation. Meanwhile, eco - innovation has a significant positive effect on the sustainability of MSMEs, and eco - innovation has a positive and insignificant effect in mediating financial literacy on the sustainability of MSME.
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publishDate 2025-03-01
publisher Universitas Dian Nuswantoro
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series Jurnal Penelitian Ekonomi dan Bisnis
spelling doaj-art-95715d9c5f334d11bf3cf09d3d3ef28b2025-08-20T01:47:53ZindUniversitas Dian NuswantoroJurnal Penelitian Ekonomi dan Bisnis2442-50282460-42912025-03-0110111710.33633/jpeb.v10i1.1169317200The Role of Eco – Innovation in Mediating The Relationship Between Financial Literacy and Sustainability of UMKM in Central JavaLaily Hasanah Fabribda0Winarsih Winarsih1Department of Accounting, Faculty Economy, Sultan Agung Islamic UniversityDepartment of Accounting, Faculty Economy, Sultan Agung Islamic UniversityThe micro, small, and medium enterprises sector is the driving force of a country's economy, but along with the times there are still many problems that occur and have not been resolved, one of which is financial knowledge and innovations. The purpose of this study is to investigate and test the sustainability of MSMEs with Financial Literacy and Innovation. Study This uses a quantitative approach, research data in the form of primary data through questionnaires and taking population as well as research samples from the actors or managers of MSMEs as many as 433 respondents. The sampling method used was purposive sampling technique. The independent variable in this study is financial literacy, the intervening variable is eco-innovation and the dependent variable is the sustainability of MSMEs. The method used in analyzing the data is simple linear regression analysis with SPSS version 24 software. The results of the classical assumption test are normal, multicollinearity does not occur, heteroscedasticity does not occur. The results of this study prove that financial literacy has a significant positive effect on the sustainability of MSMEs, and financial literacy has a significant positive effect on eco-innovation. Meanwhile, eco - innovation has a significant positive effect on the sustainability of MSMEs, and eco - innovation has a positive and insignificant effect in mediating financial literacy on the sustainability of MSME.https://publikasi.dinus.ac.id/index.php/jpeb/article/view/11693financial literacyeco-innovationsustainibility smes
spellingShingle Laily Hasanah Fabribda
Winarsih Winarsih
The Role of Eco – Innovation in Mediating The Relationship Between Financial Literacy and Sustainability of UMKM in Central Java
Jurnal Penelitian Ekonomi dan Bisnis
financial literacy
eco-innovation
sustainibility smes
title The Role of Eco – Innovation in Mediating The Relationship Between Financial Literacy and Sustainability of UMKM in Central Java
title_full The Role of Eco – Innovation in Mediating The Relationship Between Financial Literacy and Sustainability of UMKM in Central Java
title_fullStr The Role of Eco – Innovation in Mediating The Relationship Between Financial Literacy and Sustainability of UMKM in Central Java
title_full_unstemmed The Role of Eco – Innovation in Mediating The Relationship Between Financial Literacy and Sustainability of UMKM in Central Java
title_short The Role of Eco – Innovation in Mediating The Relationship Between Financial Literacy and Sustainability of UMKM in Central Java
title_sort role of eco innovation in mediating the relationship between financial literacy and sustainability of umkm in central java
topic financial literacy
eco-innovation
sustainibility smes
url https://publikasi.dinus.ac.id/index.php/jpeb/article/view/11693
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