Integration of Corporate Performance Theory, Resource-Based View, Resource Dependency, Dynamic Capabilities, and Social Cognitive Theory in Enhancing the Competitiveness of SMEs in Indonesia
DOI:
https://doi.org/10.38035/dijemss.v7i2.5800Keywords:
Adaptability, Competence, Innovation, MSME, StrategyAbstract
This study aims to explore the integration of corporate performance theory, Resource-Based View (RBV), Resource Dependency Theory (RDT), Dynamic Capabilities Theory (DCT), and Social Cognitive Theory (SCT) in enhancing the competitiveness of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia. MSMEs face various challenges, including limited innovation, restricted access to financing, low digital competencies, dependence on external resources, and insufficient adaptive capabilities. This research employs a systematic literature review method, collecting, classifying, and analyzing recent relevant literature, including journals, research reports, and academic publications, to develop an integrative conceptual framework. The findings indicate that optimizing internal resources through RBV, managing external dependencies through RDT, developing adaptive capabilities through DCT, and enhancing individual self-efficacy and social learning through SCT collectively contribute to improving MSME performance and competitiveness. The study recommends strategies such as strengthening internal capacities, fostering external collaborations, adopting technology, and implementing integrated policy support. These findings provide both theoretical and practical foundations for policymakers and MSME actors to achieve sustainable competitive advantages and guide future empirical research focused on MSME development in Indonesia.
References
Aisyah, I. U., & Wijayani, Q. N. (2023). Penggunaan Gadget Terhadap Kualitas Tidur Dan Kesehatan Mental Remaja. Triwikrama: Jurnal Ilmu Sosial, 2(9), 11–20. https://doi.org/10.6578/triwikrama.v2i9.1421
antaranews.com. (2011, March 24). Bappenas: Daya Saing UKM Indonesia Masih Rendah. Antara News. https://www.antaranews.com/berita/251275/bappenas-daya-saing-ukm-indonesia-masih-rendah
Asmar, A., Baharuddin, A., & Kasmita, M. (2024). Embracing the Transformation of Indonesian SMEs in the Era of Creative Destruction. PINISI Discretion Review, 8(1), 137. https://doi.org/10.26858/pdr.v8i1.67971
Bratamanggala, R. I., & Hendayana, Y. (2024). Sustainability and Technology Use in SMEs: A Pathway to Green Innovation : Keberlanjutan dan Penggunaan Teknologi pada UMKM: Jalan Menuju Inovasi Ramah Lingkungan. J-CEKI : Jurnal Cendekia Ilmiah, 3(6), 6772–6781. https://doi.org/10.56799/jceki.v3i6.5581
Chughtai, M. S., & Khalid, Y. (2022). Learning Organizations and Innovative Work Behaviors: A Moderated Mediation Model of Creative Self-Efficacy and Self-Leadership from the Perspective of Social Cognitive Theory and Social Schema Theory. Journal of Innovative Research in Management Sciences, 22–41. https://doi.org/10.62270/jirms.vi.24
Dejardin, M., Raposo, M. L., Ferreira, J. J., Fernandes, C. I., Veiga, P. M., & Farinha, L. (2023). The impact of dynamic capabilities on SME performance during COVID-19. Review of Managerial Science, 17(5), 1703–1729. https://doi.org/10.1007/s11846-022-00569-x
Fathan, M. A. (2024). Mengenal 7 Hambatan dalam Perdagangan Internasional dan Solusi Mengatasinya—UKMINDONESIA.ID. https://ukmindonesia.id/baca-deskripsi-posts/mengenal-7-hambatan-dalam-perdagangan-internasional-dan-solusi-mengatasinya
Firmansyah, I., Dermawan, W. D., Munawar, A. H., & Rahmani, D. A. (2021). Meningkatkan Daya Saing UMKM di Era New Normal Melalui Pendekatan Analytic Network Process (ANP). Jurnal Ekonomi Indonesia, 10(2), 173–187. https://doi.org/10.52813/jei.v10i2.68
Gesty, M. (2024, March 5). Rangking UMKM Indonesia 75 dari 132 Negara, Pelaku Usaha Indonesia Dinilai Minim Inovasi. harian.disway.id. https://harian.disway.id/read/767187/rangking-umkm-indonesia-75-dari-132-negara-pelaku-usaha-indonesia-dinilai-minim-inovasi
Gorton, M., Kastenhofer, K., Lemke, F., Esquivel, L., & Nicolau, M. (2024). Resource Dependencies and the Legitimatization of Grocery Retailer’s Social Evaluations of Suppliers. Journal of Business Ethics, 192(4), 729–744. https://doi.org/10.1007/s10551-023-05509-7
Hamzah, A. (2025). The Role of Internal Capabilities in Driving the Financial Sustainability of SMEs: A Resource Based View Perspective. Jurnal Ilmu Keuangan Dan Perbankan (JIKA), 14(2). https://doi.org/10.34010/jika.v14i2.15887
Hanim, L., Soponyono, E., & Maryanto, M. (2021). Pengembangan UMKM Digital di Masa Pandemi Covid-19. Seminar Nasional Penelitian Dan Pengabdian Kepada Masyarakat, 30–37.
Haura’nisa, S. I. (2023). PERLINDUNGAN HUKUM CIPTAKAN PELUANG BAGI UMKM PADA PERDAGANGAN BEBAS DALAM MENGHADAPI RESESI GLOBAL. Majalah Hukum Nasional, 53(2), 223–241. https://doi.org/10.33331/mhn.v53i2.243
Held, P., Heubeck, T., & Meckl, R. (2025). Boosting SMEs’ digital transformation: The role of dynamic capabilities in cultivating digital leadership and digital culture. Review of Managerial Science. https://doi.org/10.1007/s11846-025-00919-5
Hernández-Linares, R., López-Fernández, M. C., García-Piqueres, G., Pina e Cunha, M., & Rego, A. (2024). How knowledge-based dynamic capabilities relate to firm performance: The mediating role of entrepreneurial orientation. Review of Managerial Science, 18(10), 2781–2813. https://doi.org/10.1007/s11846-023-00691-4
Hessels, J., & Terjesen, S. (2010). Resource dependency and institutional theory perspectives on direct and indirect export choices. Small Business Economics, 34(2), 203–220. https://doi.org/10.1007/s11187-008-9156-4
Hidayat, N., & Rahayu, B. N. D. (2024). Resource-based View Analysis in Building Competitive Advantage in the Small and Medium Enterprises Sector. Target : Jurnal Manajemen Bisnis, 6(2), 81–90. https://doi.org/10.30812/target.v6i2.4502
Kulkarni, P. M., Nayak, G., & P, A. K. (2023). Applying the Resource Dependence Theory to Enhance Supply Chain Management of Small and Medium Scale Enterprises (SMEs) in the Context of Covid-19. Asia-Pacific Management Accounting Journal, 18(1), 179–214. https://doi.org/10.24191/APMAJ.V18i1-08
Ma, C., & Yasir, L. (2023). Carrot or Stick? CSR and Firm Financial Performance. Journal of Business Ethics, 188(2), 349–365.
Maliki, M., Saronto, M. P., & Sandee, H. (2025). Buku Putih: Mewujudkan Masa Depan Bisnis Berkelanjutan melalui Pemberdayaan UMKM Hijau. Kementerian Perencanaan Pembangunan, Badan Perencanaan Pembangunan Nasional (BAPPENAS).
Mansouri, M., Cheklekbire, M., Souti, H., & Cadimi, I. (2022). Dynamic capabilities, competitiveness and performance of small and medium-sized enterprises: A systematic literature review. International Journal of Accounting, Finance, Auditing, Management and Economics, 3(5–1), 1–22. https://doi.org/10.5281/zenodo.7121098
Maretasari, R., Sudarmiatin, S., & Handayati, P. (2025). Pengaruh Resource-Based View terhadap Innovation Performance pada UMKM Ekspor: Peran Moderasi Government Information Access: Studi Kasus pada CV. Delta Raya. Jurnal Manajemen Bisnis Era Digital, 2(2), 62–75. https://doi.org/10.61132/jumabedi.v2i2.511
Muhammad, F. (2021). ENFORCING OMNIBUS LAW: FORMALIZING MICRO, SMALL, AND MEDIUM ENTERPRISES IN INDONESIA USING BEHAVIOURAL SCIENCE. Indonesian Law Journal, 14(2), 95–117.
Nurhajati, N., Rachma, N., Deka, R. E., & Azwar, E. (2018). Inovasi Disruptif: Tantangan Dan Peluang Bagi UKM. INOBIS: Jurnal Inovasi Bisnis Dan Manajemen Indonesia, 1(2), 214–226. https://doi.org/10.31842/jurnal-inobis.v1i2.31
Nursasi, A., Hanifah, N., Handani, R. T., & Sarpini, S. (2024). IMPLEMENTASI KEBIJAKAN INTEGRASI EKONOMI DAN DAMPAKNYA TERHADAP PENGEMBANGAN UMKM DI INDONESIA. JURNAL ILMIAH EKONOMI DAN MANAJEMEN, 2(12), 429–440. https://doi.org/10.61722/jiem.v2i12.3271
Otaye-Ebede, L., Shaffakat, S., & Foster, S. (2020). A Multilevel Model Examining the Relationships Between Workplace Spirituality, Ethical Climate and Outcomes: A Social Cognitive Theory Perspective. Journal of Business Ethics, 166(3), 611–626. https://doi.org/10.1007/s10551-019-04133-8
Praswati, A. N., Sari, N. P., & Murwanti, S. (2022). Youth Entrepreneurial Intention: Theory of Planned Behaviour and Social Cognitive Theory. Benefit: Jurnal Manajemen Dan Bisnis, 7(1), 66–79. https://doi.org/10.23917/benefit.v7i1.18197
Pujiastuti, H. (2023). MEASURING FINANCIAL PERFORMANCE THROUGH MANAGERIAL CAPABILITIES AND STRATEGIC INNOVATION IN THE ERA OF DIGITAL TECHNOLOGY. Dinamika Akuntansi Keuangan dan Perbankan, 12(1), 21–34. https://doi.org/10.35315/dakp.v12i1.9117
Putri, S. V., Soemaryani, I., & Zusnita, W. O. (2023). Pengaruh Kompetensi Digital dan Kemitraan Terhadap Daya Saing Usaha Kecil dan Menengah (UKM) Kuliner di Kota Bandung. Al Qalam: Jurnal Ilmiah Keagamaan Dan Kemasyarakatan, 17(4), 2942–2957. https://doi.org/10.35931/aq.v17i4.2481
Reviani, M. (2022, June 28). Bersama-sama Hadapi Tantangan untuk UKM Mendunia—Nasional Katadata.co.id. https://katadata.co.id/berita/nasional/62baf9e24fc58/bersama-sama-hadapi-tantangan-untuk-ukm-mendunia
Rusliana, N., Alisjahbana, A. S., Budiono, B., & Purnagunawan, R. M. (2023). Performance of Small and Medium Enterprises in Indonesia Impacted by Financial Accessibility. Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi Dan Pembangunan, 24(2), 293–307. https://doi.org/10.23917/jep.v24i2.21703
Sarwoko, E. (2020). Entrepreneurial Leadership and Innovative Work Behavior: The Role of Creative Self-efficacy. Journal of Economics, Business, and Accountancy Ventura, 23(2), 183–193. https://doi.org/10.14414/jebav.v23i2.2282
Sipos, N., Rideg, A., Al Najjar, A. S., & Lukovszki, L. (2025). Resource-based view of marketing innovation in SMEs: A multi-country empirical analysis based on the global competitiveness project. Journal of Innovation and Entrepreneurship, 14(1), 94. https://doi.org/10.1186/s13731-025-00573-x
Siti, N. K., Sudarmiatin, S., & Sumarsono, H. (2023). A Literature Review: Challenges of Internationalization in Small and Micro Enterprises Medium (SMEs). International Journal of Science, Technology & Management, 4(4), 972–979. https://doi.org/10.46729/ijstm.v4i4.827
Suwandi, S., Tjahjadi, B., & Ardiyanto, A. (2023). Innovation and Firm Performance in Indonesian Companies: Is Management Experience Important? AKRUAL: Jurnal Akuntansi, 14(2), 262–275. https://doi.org/10.26740/jaj.v14n2.p262-275
Syam, H., Yusuf Ronny Edward, Helmi Ali, Harfiahani Indah Rakhma Ningtyas, & Roikhan Mochamad Aziz. (2023). The Influence of Self-Efficacy, Organizational Culture and Spirituality on Work Happiness in Public Companies. JEMSI (Jurnal Ekonomi, Manajemen, Dan Akuntansi), 9(3), 827–832. https://doi.org/10.35870/jemsi.v9i3.1190
Valdez-Juárez, L. E., Ramos-Escobar, E. A., Hernández-Ponce, O. E., & Ruiz-Zamora, J. A. (2024). Digital transformation and innovation, dynamic capabilities to strengthen the financial performance of Mexican SMEs: A sustainable approach. Cogent Business & Management, 11(1). https://econpapers.repec.org/article/tafoabmxx/v_3a11_3ay_3a2024_3ai_3a1_3ap_3a2318635.htm
Waithanji, M. E., & Mirriam, D. M. (2023). SUPPLY CHAIN MANAGEMENT PRACTICES AND PROCUREMENT PERFORMANCE OF ENERGY SECTOR IN KENYA. International Journal of Social Sciences Management and Entrepreneurship (IJSSME), 7(2). http://mail.sagepublishers.com/index.php/ijssme/article/view/287
Wang, Q., Chen, H., Xue, Y., & Liang, H. (2022). How Corporate Social Responsibility Affects Firm Performance: The Inverted-U Shape Contingent on Founder CEO. Sustainability, 14(18), 11340. https://doi.org/10.3390/su141811340
Widianti, E. (2016). Kredit Usaha Rakyat (KUR) Baru, Memperluas Akses Pembiayaan Bagi UMKM. https://kur.ekon.go.id/kur-baru-memperluas-akses-pembiayaan-bagi-umkm
World Intellectual Property Organization. (2023). Global Innovation Index 2022. Global-Innovation-Index. https://www.wipo.int/en/web/global-innovation-index/2022/index
Yulfiani, S. (2018). FAKTOR-FAKTOR YANG MEMENGARUHI INOVASI DISRUPTIF PADA UKM [Tesis, Universitas Gadjah Mada]. https://etd.repository.ugm.ac.id/penelitian/detail/166801
Yulita, K., & Fanani, Z. (2021). The Effect Of Innovation Strategy In The Influence Of Managerial Ability On Firm Performance. Jurnal Reviu Akuntansi Dan Keuangan, 11(3), 525–536. https://doi.org/10.22219/jrak.v11i3.14956
Zhang, H., Hu, M., & Jiang, S. (2025). Profit or Growth? The Impacts of Supplier Dependence and Customer Dependence on SMEs’ P
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Nur Endah Sabarini, Yayan Hendayana
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish their manuscripts in this journal agree to the following conditions:
- The copyright on each article belongs to the author(s).
- The author acknowledges that the Dinasti International Journal of Education Management and Social Science (DIJEMSS) has the right to be the first to publish with a Creative Commons Attribution 4.0 International license (Attribution 4.0 International (CC BY 4.0).
- Authors can submit articles separately, arrange for the non-exclusive distribution of manuscripts that have been published in this journal into other versions (e.g., sent to the author's institutional repository, publication into books, etc.), by acknowledging that the manuscript has been published for the first time in the Dinasti International Journal of Education Management and Social Science (DIJEMSS).
