Artikel

Optimizing the financial performance of SMEs based on sharia economy: Perspective of economic business sustainability and open innovation

Optimal financial performance based on the use of sharia fintech followed by the stability of Small and Medium Enterprises (SMEs) will have an impact on economic growth. This study aims to analyze the financial performance of SMEs from a sharia economic perspective; analyzing the effect of using sharia fintech on the financial performance and sustainability of SMEs and strengthening human resource capacity, business diversification, business productivity, and product marketing to improve financial performance and business sustainability of SMEs. The study uses a quantitative survey approach. Data were obtained through questionnaires distributed to 350 respondents in 15 districts in the city of Makassar. The results of the study show that human resource capacity and business diversification affect the financial performance of SMEs by 41.8%. Sharia fintech, human resource capacity, business diversification, business productivity, and financial performance have a positive effect on SME business sustainability with a determination coefficient of 65.9%. This study recommends the management of SME businesses based on the use of sharia fintech in supporting the sustainability of SME businesses in Makassar, Indonesia.

Sprache
Englisch

Erschienen in
Journal: Journal of Open Innovation: Technology, Market, and Complexity ; ISSN: 2199-8531 ; Volume: 8 ; Year: 2022 ; Issue: 1 ; Pages: 1-24

Klassifikation
Management
Thema
business sustainability
financial performance
open innovation
sharia economy
sharia fintech

Ereignis
Geistige Schöpfung
(wer)
Menne, Firman
Surya, Batara
Yusuf, Muhammad
Suriani, Seri
Ruslan, Muhlis
Iskandar, Iskandar
Ereignis
Veröffentlichung
(wer)
MDPI
(wo)
Basel
(wann)
2022

DOI
doi:10.3390/joitmc8010018
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Menne, Firman
  • Surya, Batara
  • Yusuf, Muhammad
  • Suriani, Seri
  • Ruslan, Muhlis
  • Iskandar, Iskandar
  • MDPI

Entstanden

  • 2022

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