Efek pemediasi modal intelektual pada ketidakpastian lingkungan, strategi inovasi dan kinerja organisasi

Fitri Romadhon, Erlina Diamastuti

Abstract


This study aims to examine the effect of environmental uncertainty on innovation strategies and organizational performance, and when combined with intellectual capital as variable that mediate innovation strategies and organizational performance. The research approach used is a quantitative approach through a survey method. The research was carried out by disseminating questionnaires to 55 respondents. Data analysis technique uses partial least square technique, which is preceded by testing the instrument, inner and outer models. The results show that all hypotheses were supported. Environmental uncertainty can determine innovation strategies establishment and organizational performance. Meanwhile, the innovation strategy developed by the company can affect organizational performance. In addition, intellectual capital is proven to mediate innovation strategies and organizational performance, thus it can be inferred that innovation strategies become a fruitful factor in improving performance if supported by intellectual capital. This study is inseparable from a number of limitations, such as not involving other variables that can determine organizational performance, the low participation of respondents, so further research is expected to expand the research sample and consider other determinants, for instance management accounting systems, management control systems

 

Keywords: Environmental Uncertainty, Innovation Strategy, Intellectual Capital, Organizational Performance


Keywords


Environmental Uncertainty; Innovation Strategy; Intellectual Capital; Organizational Performance

Full Text:

PDF

References


Abdillah, W., & Hartono, J. (2015). Partial Least Square (PLS): Alternatif Structural Equation Modeling (SEM) dalam Penelitian Bisnis. Jakarta: Andi.

Aghajari, N., & Senin, A. A. (2014). Strategic Orientation and Dual Innovative Operation Strategies: Implications for Performance of Manufacturing SMEs. Asia-Pacific Journal of Business Administration, 6(2), 127–147. doi:10.1108/APJBA-07-2013-0075

Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Academy of Management Review, 17(1), 99–120. doi:10.1177%2F014920639101700108

Barney, J. B., & Clark, D. N. (2007). Resource-Based Theory: Creating and Sustaining Competitive Advantage. New York: Oxford University Press Inc.

Barney, J. B., Ketchen, D. J., & Wright, M. (2011). The Future of Resource-Based Theory: Revitalization or Decline? Journal of Management, 37(5), 1299–1315. doi:10.1177/0149206310391805

Bhattacharjee, S., Moreno, K. K., & Salbador, D. A. (2015). The Impact of Multiple Tax Returns on Tax Compliance Behavior. Behavioral Research in Accounting, 27(1), 99–119. doi:10.2308/bria-50976

Bontis, N. (1998). Intellectual capital: An Exploratory Study that Develops Measures and Models. Management Decision, 36(2), 63–76. doi:10.1108/00251749810204142

Bontis, N., Chua Chong Keow, W., & Richardson, S. (2000). Intellectual Capital and Business Performance in Malaysian Industries. Journal of Intellectual Capital, 1(1), 85–100. doi:10.1108/14691930010324188

Bromwich, M. (1990). The Case for Strategic Management Accounting: The Role of Accounting Information for Strategy in Competitive Markets. Accounting, Organisations and Society, 15(1/2), 27–46. doi:10.1016/0361-3682(90)90011-I

Cao, Q., Baker, J., & Hoffman, J. J. (2012). The Role of The Competitive Environment in Studies of Strategic Alignment: A Meta-Analysis. International Journal of Production Research, 50(2), 567–580. doi:10.1080/00207543.2010.538742

Caruana, A., Ewing, M. T., & Ramaseshan. (2002). Effects of Some Environmental Challenges and Centralization on The Entrepreneurial Orientation and Performance of Public Sector Entities. The Service Industries Journal, 22(2), 43–58. doi:10.1080/714005076

Chen Goh, P. (2005). Intellectual Capital Performance of Commercial Banks in Malaysia. Journal of Intellectual Capital, 6(3), 385–396. doi:10.1108/14691930510611120

Chen, M., Cheng, S., & Hwang, Y. (2005). An Empirical Investigation of The Relationship Between Intellectual Capital and Firms’ Market Value and Financial Performance. Journal of Intellectual Capital, 6(2), 159–176. doi:10.1108/14691930510592771

Colvin, G. (2012). Business’s real problem: Uncertainty, Uncertainty, Uncertainty. Fortune. http://fortune.com/2012/08/08/businesss-real-problem-uncertainty-uncertainty-uncertainty/

Danneels, E. (2002). The Dynamics of Product Innovation and Firm Competences: The Dynamics of Product Innovation. Strategic Management Journal, 23(12), 1095–1121. doi:10.1002/smj.275

Del Canto, J. G., & González, I. S. (1999). A Resource-Based Analysis of The Factors Determining a Firm’s R&D Activities. Research Policy, 28(8), 891–905. doi:10.1016/S0048-7333(99)00029-3

Donaldson, L. (2001). The Contingency Theory of Organizations. California: Sage Publications Ltd.

Fernandes, A. A. R., & Solimun. (2017). Moderating Effects Orientation and Innovation Strategy on The Effect of Uncertainty on The Performance of Business Environment. International Journal of Law and Management, 59(6), 1211–1219. doi:10.1108/IJLMA-10-2016-0088

Gloet, M., & Terziovski, M. (2004). Exploring The Relationship Between Knowledge Management Practices and Innovation Performance. Journal of Manufacturing Technology Management, 15(5), 9. doi: 10.1108/17410380410540390

Gogan, L. M., Artene, A., Sarca, I., & Draghici, A. (2016). The Impact of Intellectual Capital on Organizational Performance. Procedia - Social and Behavioral Sciences, 221, 194–202. doi:10.1016/j.sbspro.2016.05.106

Gordon, L. A., & Narayanan, V. K. (1984). Management Accounting Systems, Perceived Environmental Uncertainty and Organization Structure: An Empirical Investigation. Accounting, Organizations and Society, 9(1), 33–47. doi:10.1016/0361-3682(84)90028-X

Govindarajan, V. (1984). Appropiateness of Accounting Data in Performance Evaluation: An Empirical Examination of Environmental Uncertainty as an Intervening Variable. Accounting, Organizastion and Society, 9(2), 125–135. doi:10.1016/0361-3682(84)90002-3

Hair, J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2009). Multivariate Data Analysis: A Global Perspective (7th ed.). New Jersey: Prentice Hall.

Hariyati, & Tjahjadi, B. (2014). Hubungan Antara Strategi Inovasi dengan Kinerja Keuangan yang Dimediasi oleh Modal Intelektual dan Kinerja Pelanggan. Konferensi Regional Akuntansi, II.

Harrison, S., & Sullivan, P. H. (2000). Profiting from Intellectual Capital. Journal of Intellectual Capital, 1(1), 33–46. doi:10.1108/14691930010324124

Hartono, J., & Abdillah, W. (2014). Konsep dan Aplikasi PLS (Partial Least Square) untuk Penelitian Empiris. Yogyakarta: BPFE.

Hilman, H., & Kaliappen, N. (2015). Innovation Strategies and Performance: Are They Truly Linked? World Journal of Entrepreneurship, Management and Sustainable Development, 11(1), 48–63. doi:10.1108/WJEMSD-04-2014-0010

Hoque, Z. (2004). A Contingency Model of The Association Between Strategy, Environmental Uncertainty and Performance Measurement: Impact on Organizational Performance. International Business Review, 13(4), 485–502. doi:10.1016/j.ibusrev.2004.04.003

Jabnoun, N., Khalifah, A., & Yusuf, A. (2003). Environmental Uncertainty, Strategic Orientation, and Quality Management: A Contingency Model. Quality Management Journal, 10(4), 17–31. doi:10.1080/10686967.2003.11919081

Kalkan, A., Bozkurt, Ö. Ç., & Arman, M. (2014). The Impacts of Intellectual Capital, Innovation and Organizational Strategy on Firm Performance. Procedia - Social and Behavioral Sciences, 150, 700–707. doi:10.1016/j.sbspro.2014.09.025

Kamukama, N. (2013). Intellectual capital: Company’s Invisible Source of Competitive Advantage. Competitiveness Review, 23(3), 260–283. doi:10.1108/10595421311319834

Karagozoglu, N. (1993). Environmental Uncertainty, Strategic Planning, and Technological Competitive Advantage. Technovation, 13(6), 335–347. doi:10.1016/0166-4972(93)90075-7

Latan, H., Chiappetta Jabbour, C. J., Lopes de Sousa Jabbour, A. B., Wamba, S. F., & Shahbaz, M. (2018). Effects of Environmental Strategy, Environmental Uncertainty and Top Management’s Commitment on Corporate Environmental Performance: The Role of Environmental Management Accounting. Journal of Cleaner Production, 180, 297–306. doi:10.1016/j.jclepro.2018.01.106

Lee, C.-C., & Lin, C.-K. (2019). The Major Determinants of Influencing The Operating Performance from The Perspective of Intellectual Capital: Evidence on CPA Industry. Asia Pacific Management Review, 24(2), 124–139. doi:10.1016/j.apmrv.2018.01.006

Liu, C.-H. (2017). The Relationships among Intellectual Capital, Social Capital, and Performance—The Moderating Role Of Business Ties and Environmental Uncertainty. Tourism Management, 61, 553–561. doi:10.1016/j.tourman.2017.03.017

McEvily, S. K., & Chakravarthy, B. (2002). The Persistence of Knowledge-Based Advantage: An Empirical Test for Product Performance and Technological Knowledge. Strategic Management Journal, 23(4), 285–305. doi:10.1002/smj.223

Mia, L., & Clarke, B. (1999). Market Competition, Management Accounting Systems and Business Unit Performance. Management Accounting Research, 10(2), 137–158. doi:10.1006/mare.1998.0097

Miles, R. E., & Snow, C. C. (2003). Organizational Strategy, Structure, and Process. California: Stanford University Press.

Oliver, C. (1991). Strategic Responses to Institutional Processes. The Academy of Management Review, 16(1), 145–179. doi:10.2307/258610

Otley, D. (2016). The Contingency Theory of Management Accounting and Control: 1980–2014. Management Accounting Research, 31, 45–62. doi:10.1016/j.mar.2016.02.001

Otley, D. T. (1980). The Contingency Theory of Management Accounting: Achievement and Prognosis. Accounting, Organizations and Society, 5(4), 413–428. doi:10.1016/0361-3682(80)90040-9

Peteraf, M. A. (1993). The Cornerstones of Competitive Advantage: A Resource-Based View. Strategic Management Journal, 14(3), 179–191. doi:10.1002/smj.4250140303

Pew Tan, H., Plowman, D., & Hancock, P. (2007). Intellectual Capital and Financial Returns of Companies. Journal of Intellectual Capital, 8(1), 76–95. doi:10.1108/14691930710715079

Prajogo, D. I. (2016). The Strategic Fit between Innovation Strategies and Business Environment in Delivering Business Performance. International Journal of Production Economics, 171, 241–249. doi.org/10.1016/j.ijpe.2015.07.037

Realbusiness.co.uk. Real Business. https://realbusiness.co.uk/pressing-global-business-growth-in-era-of-uncertainty/

Rexhepi, G., Ibraimi, S., & Veseli, N. (2013). Role of Intellectual Capital in Creating Enterprise Strategy. Procedia - Social and Behavioral Sciences, 75, 44–51. doi:10.1016/j.sbspro.2013.04.006

Sardo, F., Serrasqueiro, Z., & Alves, H. (2018). On The Relationship between Intellectual Capital and Financial Performance: A Panel Data Analysis on SME Hotels. International Journal of Hospitality Management, 75, 67–74. doi:10.1016/j.ijhm.2018.03.001

Senge, P. M. (1990, October 15). The Leader’s New Work: Building Learning Organizations. 32(1). https://www.simpsonexecutivecoaching.com/pdf/orglearning/leaders-new-work-building-learning-organizations-peter-senge.pdf

Slotegraaf, R. J. (2004). The Paradox of a Marketing Planning Capability. Journal of the Academy of Marketing Science, 32(4), 371–385. doi:10.1177/0092070304265217

Subramanian, A., & Nilakanta, S. (1996). Organizational Innovativeness: Exploring The Relationship between Organizational Determinants of Innovation, Types of Innovations, and Measures of Organizational Performance. Omega, 24(6), 631–647. doi:10.1016/S0305-0483(96)00031-X

Teece, D., & Leih, S. (2016). Uncertainty, Innovation, and Dynamic Capabilities: An Introduction. California Management Review, 58(4), 5–12. doi:10.1525/cmr.2016.58.4.5

Tenenhaus, M., Amato, S., & Vinzi, V. E. (2004). A Global Goodness-of-Fit Index for PLS Structural Equation Modelling. Proceedings of the XLII SIS Scientific Meeting, 1, 739–742.

Tripsas, M. (2008). Customer Preference Discontinuities: A Trigger for Radical Technological Change. Managerial and Decision Economics, 29(2–3), 79–97. doi:10.1002/mde.1389

Vorhies, D. W., & Morgan, N. A. (2005). Benchmarking Marketing Capabilities for Sustainable Competitive Advantage. Journal of Marketing, 69(1), 80–94. doi:10.1509/jmkg.69.1.80.55505

Wernerfelt, B. (1984). A Resource-Based View of The Firm. Strategic Management Journal, 5(2), 171–180. doi:10.1002/smj.4250050207

Wiklund, J., & Shepherd, D. (2003). Knowledge-Based Resources, Entrepreneurial Orientation, and The Performance of Small and Medium-Sized Businesses. Strategic Management Journal, 24(13), 1307–1314. doi:10.1002/smj.360

Wu, G. (2013). The Influence of Green Supply Chain Integration and Environmental Uncertainty on Green Innovation in Taiwan’s IT Industry. Supply Chain Management: An International Journal, 18(5), 539–552. doi:10.1108/SCM-06-2012-0201

Yalabik, B., & Fairchild, R. J. (2011). Customer, Regulatory, and Competitive Pressure as Drivers of Environmental Innovation. International Journal of Production Economics, 131(2), 519–527. doi:10.1016/j.ijpe.2011.01.020

Zahra, S. A., & Covin, J. G. (1993). Business Strategy, Technology Policy and Firm Performance. Strategic Management Journal, 14(6), 451–478. doi:10.1002/smj.4250140605




DOI: http://dx.doi.org/10.17977/um004v7i22020p119

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Jurnal Akuntansi Aktual is indexed by:

View JAA Stats
Jurnal Akuntansi Aktual is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License

Creative Commons License