The Effect Of Strategic Orientation And Business Model Innovation On Financial Performance: The Case Of Ikat Weaving SMEs In Bali
This study investigates the impact of strategic orientation and business model innovation on financial performance. A questionnaire was distributed to gather data from 51 managers of ikat weaving SMEs in Bali Province, and partial least squares structural equation modeling (PLS-SEM) was used to eval...
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| Format: | Article |
| Language: | English |
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EDP Sciences
2025-01-01
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| Series: | SHS Web of Conferences |
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| Online Access: | https://www.shs-conferences.org/articles/shsconf/pdf/2025/08/shsconf_uiseb2025_02005.pdf |
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| _version_ | 1849473190505480192 |
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| author | Susanti Christina Wiryanata I Gusti Ngurah Agung |
| author_facet | Susanti Christina Wiryanata I Gusti Ngurah Agung |
| author_sort | Susanti Christina |
| collection | DOAJ |
| description | This study investigates the impact of strategic orientation and business model innovation on financial performance. A questionnaire was distributed to gather data from 51 managers of ikat weaving SMEs in Bali Province, and partial least squares structural equation modeling (PLS-SEM) was used to evaluate the hypotheses. The results showed that business model innovation completely mediates the relationship between strategic orientation and the financial performance of SMEs, with strategic orientation having a positive and significant influence on both variables. This research builds on existing studies related to the financial performance of SMEs, business model innovation, and strategic orientation. The findings provide valuable guidance for SME managers in developing strategies and testing innovative business models, which can improve financial performance and help them make informed decisions to advance their enterprises. |
| format | Article |
| id | doaj-art-eaad9d7e8c4d4fe5b4852db6227643d0 |
| institution | Kabale University |
| issn | 2261-2424 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | SHS Web of Conferences |
| spelling | doaj-art-eaad9d7e8c4d4fe5b4852db6227643d02025-08-20T03:24:15ZengEDP SciencesSHS Web of Conferences2261-24242025-01-012170200510.1051/shsconf/202521702005shsconf_uiseb2025_02005The Effect Of Strategic Orientation And Business Model Innovation On Financial Performance: The Case Of Ikat Weaving SMEs In BaliSusanti Christina0Wiryanata I Gusti Ngurah Agung1Politeknik Pariwisata Bali, Hospitality Accounting Management Study ProgrammePoliteknik Pariwisata Bali, Hospitality Accounting Management Study ProgrammeThis study investigates the impact of strategic orientation and business model innovation on financial performance. A questionnaire was distributed to gather data from 51 managers of ikat weaving SMEs in Bali Province, and partial least squares structural equation modeling (PLS-SEM) was used to evaluate the hypotheses. The results showed that business model innovation completely mediates the relationship between strategic orientation and the financial performance of SMEs, with strategic orientation having a positive and significant influence on both variables. This research builds on existing studies related to the financial performance of SMEs, business model innovation, and strategic orientation. The findings provide valuable guidance for SME managers in developing strategies and testing innovative business models, which can improve financial performance and help them make informed decisions to advance their enterprises.https://www.shs-conferences.org/articles/shsconf/pdf/2025/08/shsconf_uiseb2025_02005.pdfstrategic orientationbusiness model innovationfinancial performancesmepls-sem |
| spellingShingle | Susanti Christina Wiryanata I Gusti Ngurah Agung The Effect Of Strategic Orientation And Business Model Innovation On Financial Performance: The Case Of Ikat Weaving SMEs In Bali SHS Web of Conferences strategic orientation business model innovation financial performance sme pls-sem |
| title | The Effect Of Strategic Orientation And Business Model Innovation On Financial Performance: The Case Of Ikat Weaving SMEs In Bali |
| title_full | The Effect Of Strategic Orientation And Business Model Innovation On Financial Performance: The Case Of Ikat Weaving SMEs In Bali |
| title_fullStr | The Effect Of Strategic Orientation And Business Model Innovation On Financial Performance: The Case Of Ikat Weaving SMEs In Bali |
| title_full_unstemmed | The Effect Of Strategic Orientation And Business Model Innovation On Financial Performance: The Case Of Ikat Weaving SMEs In Bali |
| title_short | The Effect Of Strategic Orientation And Business Model Innovation On Financial Performance: The Case Of Ikat Weaving SMEs In Bali |
| title_sort | effect of strategic orientation and business model innovation on financial performance the case of ikat weaving smes in bali |
| topic | strategic orientation business model innovation financial performance sme pls-sem |
| url | https://www.shs-conferences.org/articles/shsconf/pdf/2025/08/shsconf_uiseb2025_02005.pdf |
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