Antecedents - Consequences Of Innovation Culture In Family Firms

Setiawan, Antonius Singgih and Panjaitan, Delfi (2024) Antecedents - Consequences Of Innovation Culture In Family Firms. Jurnal Manajemen, 28 (3). pp. 655-675. ISSN 1410-3583

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Abstract

This research aims to see how innovation culture is an important factor for a business organization. However, a culture of innovation is not only enough to look at the trigger aspect; it also needs to look at the impact that will be created. Therefore, this research will explain the relationship between entrepreneur characteristics and business characteristics in the context of the ability to see opportunities and the ability to improvise in creating an innovation culture, as well as the impact of innovation culture on achieving business continuity. Using a sample of 147 (98 per cent) entrepreneur respondents in Palembang, the research hypothesis was tested using structural equation modeling (SEM) and partial least squares (PLS) analysis with Warp PLS version 5.0 software. The results conclude that the entrepreneurs characteristics, the ability to see opportunities, and the ability to improvise have a positive effect on company innovation culture, and innovation culture has a positive effect on business continuity in family firms in Palembang

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