International Journal of Entrepreneurship and Business Innovation
The International Journal of Entrepreneurship and Business Innovation (e-ISSN: 0000-0000; p-ISSN: 0000-0000) is a scientific journal dedicated to advancing research in the fields of entrepreneurship, business innovation, and management. We are proud to announce that International Journal of Entrepreneurship and Business Innovation has achieved a significant milestone by being officially indexed in SINTA X, under the decree of the Ministry of Education, Culture, Research, and Technology of the Republic of Indonesia No: xxx/E/KPT/202x. Published by the Fakultas Bisnis, Institut Bisnis dan Informatika Kesatuan (IBIK) in collabration with the Business, Technology, and Sustainability Research Institute (BTSRI), this journal covers a wide range of research topics, including but not limited to entrepreneurial ecosystems, startup development, business strategy, innovation management, social entrepreneurship, digital entrepreneurship, and sustainable business practices. Articles in this journal are published biannually in January–June and July–December, ensuring the timely dissemination of new research findings and innovative business concepts.
Fakultas Bisnis, Institut Bisnis dan Informatika Kesatuan (IBIK)
Value Creation through Hybrid Business Models in Digital Entrepreneurship
This article examines how hybrid business models enable value creation in digital entrepreneurship and why outcomes vary across contexts. Using a systematic literature review of peer-reviewed journal articles published from 2020 to 2024, the study consolidates insights on business model design, ecosystem orchestration, and value logics. The synthesis shows that hybrid ventures create value by reducing market frictions through digital reach while anchoring trust and continuity via physical, relational, or expert components. Results also indicate that value capture depends on governance and interdependence within platforms and data ecosystems, pushing entrepreneurs to balance openness with control and scalability with operational reliability. The article discusses these patterns through a lens linking value proposition, value creation and delivery architecture, and value capture, and highlights boundary conditions related to institutional fit and capability maturity. Overall, the main finding is that value creation is a contingent outcome of coherent hybrid design aligned to ecosystem dynamics, not technology adoption alone.
Reconceptualizing Entrepreneurial Innovation Capability: Integrating Leadership, Technology, and Organizational Learning
This article examines how entrepreneurial innovation capability is best conceptualized when leadership, technology, and organizational learning are treated as an integrated system in the context of accelerating digital change and heightened innovation pressure. The study’s role is to reconcile fragmented definitions and measurements by synthesizing recent peer reviewed evidence into a clearer capability architecture. Using a systematic literature review of studies published from 2019 to 2024, the synthesis shows that entrepreneurial innovation capability is most consistently supported by three interlocking pathways: leadership that structures direction and experimentation governance, technology capabilities that enable faster recombination and scalable innovation, and organizational learning mechanisms that convert repeated trials into reusable routines. The discussion organizes findings around construct clarity issues, capability pathways and their mediators, and key boundary conditions such as readiness and environmental dynamism. Overall, the review finds that innovation advantage is less about isolated adoption or creativity and more about sustained orchestration of leadership, technology, and learning over time.
Business Innovation Ecosystems for SMEs in the Digital and Sustainable Economy
This article examines how business innovation ecosystems help SMEs innovate while pursuing digital transformation and sustainability goals, and which ecosystem mechanisms most influence SME performance. The study’s role is to consolidate fragmented findings into a coherent account of how platforms, networks, and institutions shape SME innovation pathways. A systematic literature review of peer reviewed studies published from 2020 to 2024 was conducted to synthesize evidence on ecosystem structures, governance conditions, and capability development. The synthesized results indicate that SMEs gain the greatest benefits when ecosystem participation is coupled with internal capability building and business model innovation, and when governance arrangements clarify roles, interfaces, and value capture. The article discusses the literature through four analytic lenses: ecosystem governance, capability reconfiguration and dynamic capabilities, sustainability oriented open innovation, and orchestration practices that coordinate partners and align incentives. Overall, ecosystems can amplify SME innovation, but outcomes remain contingent on governance quality, interoperability, and robust sustainability measurement.
Sustainable Entrepreneurship: Innovation Practices for Long-Term Business Growth
Sustainable entrepreneurship has emerged as a rapidly growing field that integrates economic viability with social and environmental responsibility. This study examines how innovation supports sustainable ventures in achieving long term resilience and competitive advantage. A systematic literature review methodology was applied to synthesize peer reviewed research on sustainable entrepreneurship, with particular focus on business model innovation, digital transformation, ecosystem collaboration, and circular economy opportunities. Articles were collected from major academic databases and analyzed through thematic coding to identify recurring patterns and theoretical insights. The findings indicate that innovation is a central mechanism through which entrepreneurs identify sustainability oriented opportunities, redesign value creation processes, and scale impact driven solutions. Digital technologies were found to enhance stakeholder engagement and support open innovation strategies that strengthen sustainable performance. In addition, circular economy principles provide pathways for ventures to embed resource efficiency and closed loop practices into their growth models. Overall, sustainable entrepreneurship requires integrated innovation across digital and circular strategies to achieve triple bottom line outcomes.
Innovation Management in Family Owned Businesses: Challenges and Opportunities
Family owned businesses are among the most dominant organizational forms worldwide and play a major role in economic development. However, their innovation outcomes often differ from those of non-family enterprises due to the need to balance financial objectives with family centered priorities such as legacy, identity, control, and long term continuity. This study examines the challenges and opportunities of innovation management in family owned firms through a systematic literature review approach. Peer reviewed articles were selected from major academic databases using keywords related to family business innovation, governance, succession, ambidexterity, crisis adaptation, and digital transformation. The findings highlight that socioemotional priorities strongly shape strategic innovation decisions, influencing both risk taking and resource allocation. Governance structures, family involvement in leadership, and succession processes emerge as critical factors that can either constrain or stimulate innovation. Additionally, external collaboration, board social capital, and crisis driven resilience support innovative renewal. Digital transformation further offers opportunities for competitiveness while intensifying tensions regarding family control. These insights contribute to understanding innovation dynamics across generations.
Strategic Collaboration between Startups and Corporations in Driving Green Business Innovation
Strategic partnerships between startups and corporations play a crucial role in driving sustainable green business innovation. This study aims to examine the contribution of such strategic synergy through a systematic literature review of recent academic publications. The findings indicate that these collaborations significantly accelerate the adoption of environmentally friendly technologies, improve resource efficiency, and foster the transformation of business models towards sustainability. By leveraging the agility of startups and the resources of corporations, such partnerships create a mutually beneficial dynamic that enhances innovation capacity and operational scale. The integration of sustainable values and shared innovation agendas strengthens the competitiveness and resilience of businesses in facing global environmental challenges. Additionally, the study highlights the importance of governance structures, mutual trust, and policy support to ensure the long-term effectiveness of these partnerships. The collaboration between startups and corporations emerges not only as a strategic option but as a necessity in transitioning towards an inclusive and low-carbon economy that aligns with global sustainability goals.
New Business Strategy Based on a Combination of Sustainability and Digital Experience
In the era of digital transformation and growing awareness of sustainability, companies are required to adopt business strategies that combine the principles of sustainability and digital experience. This literature review aims to identify and examine current strategic approaches that integrate sustainability and digital experience as key elements for achieving competitive advantage. By analyzing 15 scholarly articles, the study finds that the collaboration between these two dimensions drives business model innovation, enhances customer loyalty, and creates long-term value for stakeholders. The application of immersive digital experience enables greater personalization and operational efficiency, while sustainability addresses market pressures and regulatory demands related to environmental and social responsibility. This study offers both conceptual and practical foundations for designing future business strategies that are adaptive, ethical, and sustainable. The integration of these dimensions is no longer optional but a strategic necessity in modern business to remain relevant and resilient in dynamic global markets.
Data-Based Social Entrepreneurship Models to Address Economic Inequality in the Post-Digital Era
Economic inequality in the post-digital era has undergone a shift in form, from just differences in the distribution of resources to inequality in access, control, and use of data. This research aims to explore data-driven social entrepreneurship models as innovative solutions to overcome economic inequality in the post-digital era. Through a systematic literature study of 10 recent scientific publications, three main approaches were found: real-time social needs mapping, analytics-based decision-making systems, and collaboration through open data. The results of this study resulted in a conceptual model called the Data-Driven Social Entrepreneurship Model (DDSEM), which includes five pillars: data-driven mapping, participatory innovation, adaptive decision-making, cross-sector collaboration, and data justice. This model is not only responsive to the challenge of inequality, but also encourages the democratization of information and the ethics of data use. These findings are expected to be an important contribution to social entrepreneurship practices and digital inclusion policies in developing countries.
Technology Transformation Towards Industry 5.0: Human-Centric Integration, Society 5.0, and a Sustainable Digital Economy
This study aims to examine in depth the concepts of Industry 5.0, Society 5.0, and Economy 5.0 through a literature study approach involving scientific articles. Industry 5.0 emphasizes the importance of collaboration between humans and intelligent machines in technology-based production systems, including the use of artificial intelligence (AI) and the Internet of Things (IoT), to achieve greater efficiency, innovation, and long-term sustainability. Society 5.0 supports this transformation by fostering a new, inclusive, and adaptive social order where technology serves to enhance human well-being. At the same time, Economy 5.0 reflects a shift toward a digital economic model that values equity, ethics, and sustainable collaboration across various sectors. The findings indicate that synergy between advanced technology and human-centered values is essential in building resilient industrial and societal ecosystems. Furthermore, the study underlines the urgent need for integrated cross-sectoral strategies, involving government, industry, academia, and communities, to successfully manage a human-oriented digital transition while promoting social justice and inclusive economic growth.
Initial Stages and Evolution of FinTech: A Literature Study on Payment Innovations, Capital Structures, and Governance Dynamics
This research aims to examine the evolution of financial technology (FinTech) from traditional payment systems to modern digital innovations through a systematic literature review approach. The main focus lies on the transformation of the payment system, the dynamics of capital structure and regulation, and the role of corporate governance in strengthening the FinTech ecosystem. The study analyzed 16 scientific articles that were selected based on their thematic relevance and contribution to the comprehensive understanding of FinTech. The results of the study show that innovations such as blockchain, mobile payments, and artificial intelligence play a significant role in improving transaction efficiency and encouraging financial inclusion, especially in developing countries. FinTech capital structures tend to be equity-based and are influenced by regulations and macroeconomic conditions. Meanwhile, transparent and sustainability-oriented corporate governance has been proven to support investor performance and confidence. The study also identified gaps in cross-border research related to capital structure and corporate governance. These findings are important for policymakers and industry players to design innovative, adaptive and sustainable digital finance strategies.
Entrepreneurship Learning and Its Impact on Innovation-Based Growth
Entrepreneurship education has become a strategic approach to driving innovation-based economic growth. This article aims to analyze the relationship between entrepreneurship education and innovation-driven growth through a review of recent literature. The method involves a systematic examination of international scholarly articles published. The findings reveal that entrepreneurship education enhances business literacy, creative abilities, and innovative tendencies among learners, which collectively contribute to the creation of new ventures, innovative products, and economic efficiency. This article also highlights the importance of adaptive and collaborative curricula that emphasize critical thinking, problem-solving, and risk-taking skills. The practical implications include the formulation of educational policies that support an innovative ecosystem and encourage the emergence of technology-based entrepreneurs. Therefore, entrepreneurship education not only produces new business founders but also empowers change agents in the broader transformation of an innovation-based economy. The study underscores the strategic value of integrating innovation and education to foster sustainable and inclusive economic development in the digital era.
The Role of Community-Based Entrepreneurship in Economic Empowerment
Community-based entrepreneurship has emerged as a strategic approach to fostering inclusive and sustainable economic empowerment at the grassroots level. This study aims to explore the role of community entrepreneurship in strengthening local economic capacity through a systematic literature review. By examining scholarly articles published, findings indicate that the success of economic empowerment through this approach largely depends on active community engagement, cross-sectoral collaboration, and adaptability to social change. Community-based entrepreneurship not only improves household income but also enhances social cohesion, broadens access to resources, and accelerates local innovation. The study affirms that strengthening local capacity, empowering women, and developing micro-enterprises play a critical role in shaping an effective community entrepreneurship ecosystem. The implications highlight the importance of supportive policies that facilitate local and participatory initiatives to foster sustainable and inclusive development. This research contributes to a deeper understanding of the community-based entrepreneurship model and its significance in transforming marginalized economies into resilient and self-reliant systems.
The Influence of Sustainable Business Strategy on Social Entrepreneurship Performance in the ESG Era
The development of the ESG (Environmental, Social, Governance) concept has triggered a significant transformation in global business strategies, particularly within the realm of social entrepreneurship practices. This study aims to explore the influence of sustainable business strategy on the social performance of entrepreneurship in the ESG era using a literature study approach. The research draws from recent scholarly publications and systematically analyzes relevant findings to identify patterns and outcomes. The results of the review indicate that the adoption of sustainability strategies significantly drives the achievement of social missions, enhances organizational credibility, and strengthens long-term business resilience. ESG has been proven to serve as a strategic framework for realizing both economic and social values simultaneously. Furthermore, the study reinforces the notion that sustainability should not be viewed as an optional agenda but as a core element of strategic planning in socially-driven enterprises. This research is expected to provide a conceptual foundation for both academics and practitioners to better understand the strategic role of sustainability in the context of social entrepreneurship.
Business Model Innovation in Green Startups in the Energy Transition Era
The global energy transition is driving the growth of green startups that rely on business model innovation to develop sustainable solutions. This study aims to analyze how business model innovation serves as a key enabler for the adaptation and growth of green startups in responding to both challenges and opportunities presented by the energy transition. Through a systematic literature review of international journals published between, this research finds that the success of green startups is highly determined by their ability to integrate technological innovation, sustainability principles, and adaptability to dynamic energy policies. Business model innovation enables these startups to design value creation systems that align with economic, environmental, and social goals. The study provides a conceptual framework to better understand the role of innovative and sustainable business strategies in the context of emerging clean energy landscapes. It also offers insight into how green startups position themselves as key actors in accelerating the global shift towards sustainable energy systems.
Innovation in Human Resource Management to Grow Entrepreneurial Performance in the Hybrid Work Era
The transformation of the world of work towards a hybrid system has significantly increased the need for innovation in human resource management (HRM). This article aims to explore how innovation in HRM contributes to improving entrepreneurial performance in the era of hybrid work. Using a literature review approach that analyzes international journals published, this study identifies that HR digitalization, agile HR practices, performance-based management, and the development of an innovation-oriented culture are key strategies for fostering entrepreneurial spirit within organizations. These innovations enable organizations to be more adaptive, resilient, and competitive in responding to dynamic work environments. Furthermore, the hybrid work model demands flexible and responsive HR systems that support autonomy, collaboration, and continuous learning. The findings suggest that organizations that embrace transformative and future-oriented HR strategies are better positioned to nurture entrepreneurial capabilities and sustain growth. Thus, innovation in HRM is not only a response to environmental change but a strategic asset for organizational survival and success in the modern era.
Integration of E-Commerce and Business Innovation in Increasing Market Access for Global MSMEs
Digital transformation through the integration of e-commerce and business innovation has become a crucial strategy in expanding global market access for Micro, Small, and Medium Enterprises (MSMEs). This study uses a literature study method on 12 scientific articles published between 2020 and 2024 to examine the synergistic role between e-commerce and business innovation in increasing the competitiveness and export capabilities of MSMEs. The results of the study show that e-commerce opens up a broad, efficient, and cross-border distribution channel, while business innovation allows MSMEs to adapt their operational models, products, and services adaptively to the needs of the global market. The integration of the two results in a new business model that is more flexible, efficient, and market-oriented. The success of this integration is greatly influenced by the digital readiness of MSME actors, public policy support, and adequate technological infrastructure. Therefore, collaboration between the government, the private sector, and educational institutions is the key to creating a digital ecosystem that supports MSMEs in transforming and competing in the international market.
Strategic Management and Technology Innovation in Micro Enterprises Post-Pandemic
Social innovation and inclusive entrepreneurship represent strategic responses to increasingly complex socio-economic challenges in the context of global development. This literature study aims to explore in depth the dynamics, practices, and impacts of implementing social innovation and inclusive entrepreneurship, focusing primarily on efforts to empower vulnerable groups and reduce persistent social inequality. By analyzing 11 selected international journal articles, this research identifies several patterns of social intervention and business models that are not only adaptive to local contexts but also capable of driving sustainable and equitable development. The findings of this study reinforce the urgency of integrating social values into modern entrepreneurial practices as a holistic approach to addressing complex socio-economic issues. Furthermore, the study provides recommendations for strengthening cross-sector collaborative ecosystems to foster broader and more sustainable social impacts. The research contributes to a growing understanding of how socially driven business practices can act as catalysts for inclusive and transformative development.
MSME Innovative Product Development Strategy Based on Digital Consumer Preferences 5.0
This study aims to examine innovative product development strategies in Micro, Small, and Medium Enterprises (MSMEs) based on digital consumer preferences in the context of Digital Society 5.0 transformation. The study was conducted through a literature study method of 12 scientific articles, which discussed aspects of product innovation, digital consumer behavior, and MSME adaptation strategies in the digital economy ecosystem. The results of the analysis show that digital consumers have complex characteristics: a desire for personalization, speed of service, and emotional value for products. MSMEs responded with various innovative strategies, such as co-creation, the use of social media analytics data, digital segmentation, and A/B testing. Data driven strategies are proven to increase product relevance to the market and efficiency in decision making. This study concludes that product innovation based on digital consumer preferences is the key to the competitiveness of MSMEs in the digital era, but it requires the support of the digital ecosystem and an overall improvement of technology literacy.
Crowdfunding as an Alternative Financial Innovation for Startup Funding
The development of financial technology has driven the emergence of various alternative financial innovations, one of which is crowdfunding. Crowdfunding has become a potential solution to overcome the limited access that startups face in obtaining funding from traditional sources such as bank loans or venture capital. This study aims to explain the role of crowdfunding as an alternative financial innovation in supporting startup funding through a systematic review of 12 international academic articles. The results show that crowdfunding is not merely a funding tool, but also serves as an instrument for financial democratization, accelerates startup growth, and encourages community participation in the business innovation process. However, challenges such as regulatory uncertainty, fraud risks, and limited financial literacy among investors remain obstacles to optimizing crowdfunding platforms. This research contributes to a broader understanding of the alternative funding landscape and supports the development of strategic policies to foster the growth of innovative entrepreneurship.
This study aims to examine the role of strategic management and technological innovation in supporting the sustainability of micro-enterprises post-COVID-19 pandemic through a systematic literature review approach. By analyzing 10 academic articles from 2020 to 2024, it was found that micro companies are significantly restructuring their business strategies and accelerating technology adoption. Strategies based on flexibility, adaptive leadership, and the use of cheap digital technologies such as social media and marketplace platforms are the main determinants of the success of business recovery. The study also found that external support, both from governments and the digital community, helped accelerate the adaptation process. However, limited access to training and digital infrastructure remains a major challenge. These results show that the integration of managerial strategy and technological innovation is not only an emergency solution, but also a foundation for long-term growth for MSMEs. These findings make an important contribution to the development of inclusive and technology-based microeconomic recovery policies.
Cloud Technology-Based Business Innovation in Encouraging MSME Efficiency and Scalability
Cloud computing-based digital transformation provides strategic opportunities for Micro, Small, and Medium Enterprises (MSMEs) to enhance operational efficiency and expand business scale. This study systematically examines how cloud innovation drives efficiency and scalability of MSMEs through a literature review of scientific publications. Findings indicate that cloud adoption enables cost savings on infrastructure, faster workflows, and greater adaptability to market dynamics. Moreover, cloud-based solutions support MSMEs in accessing advanced technologies without large capital investments. Nevertheless, several challenges remain, including low digital literacy, security concerns, and uneven infrastructure readiness, which hinder broad adoption. Addressing these barriers requires inclusive policies, capacity-building initiatives, and collaboration among government, private sector, and educational institutions. With comprehensive stakeholder support, cloud computing can serve as a foundation for innovation, competitiveness, and empowerment of MSMEs in the digital economy era. This research contributes theoretically and practically to the formulation of sustainable digitalization strategies that strengthen MSMEs’ role in national and global economic growth.
Digital Financial Innovation and Access to Inclusive Financing for New Business Development
Digital transformation in the financial sector has provided a great opportunity to expand access to financing for new business actors, especially micro, small, medium enterprises (MSMEs), and startups. This study aims to examine the role of digital finance innovation in access to inclusive financing by using a literature study method on 12 scientific articles. The results of the study show that services such as fintech lending, crowdfunding, and digital wallets are able to reduce geographical and administrative barriers in financing. These innovations significantly improve transaction efficiency, expand financial inclusion, and drive the growth of new entrepreneurs. However, the success of this innovation is highly dependent on digital literacy, infrastructure readiness, and adaptive and collaborative regulations. This research recommends an ecosystem approach between the government, the fintech industry, and the community to build an inclusive, secure, and sustainable digital financial system, especially for the emerging business sector.
Entrepreneurship Education and Its Impact on Students' Innovative Mindsets
This study aims to analyze the influence of entrepreneurship education on students' innovative mindsets through a systematic literature study approach. The study was conducted on 13 scientific articles. The results of the study show that entrepreneurship education makes a significant contribution to shaping students' innovative mindsets through three main aspects, namely increasing creativity, strengthening problem-solving skills, and transforming ways of thinking through experiential learning. The experiential learning approach, the integration of digital technology, and the support of a collaborative campus environment are key factors in accelerating changes in student mindsets. Nevertheless, the effectiveness of entrepreneurship education is highly dependent on program design, the role of facilitators, and the involvement of industry and innovation ecosystems. These findings are expected to be a reference for higher education institutions in designing relevant, contextual, and sustainable entrepreneurship curricula to produce creative and adaptive generations in the future.
Adaptive Leadership and Managerial Innovation in Agritech Startup Development
The transformation of the agricultural sector through modern technology requires strong adaptive leadership and managerial innovation, particularly in the context of agritech startup development operating within dynamic and complex environments. This study aims to comprehensively examine the relationship between adaptive leadership and managerial innovation in supporting the growth and sustainability of agritech startups. A systematic literature review was conducted by analyzing 10 international scholarly articles. The selected articles include empirical studies, conceptual reviews, and case analyses relevant to the research focus. The findings indicate that leadership flexibility, technology based innovative strategies, and dynamic organizational models are key elements in the success of agritech startups. These results underscore the importance of synergy between an adaptive leadership vision and innovative management approaches as decisive factors for long-term viability. This study also provides practical implications for stakeholders in the agritech sector to strengthen leadership capabilities and managerial systems in addressing increasingly complex future challenges.
Innovative Leadership and Organizational Readiness in Facing Technological Disruption
This study aims to explore the relationship between innovative leadership and organizational readiness in the face of technological disruption through a literature review method. Faster technological disruption requires organizations to be more adaptive and responsive. In this context, innovative leadership plays an important role as a vision guide and driver of an organizational culture that is open to change. Meanwhile, organizational readiness is a crucial foundation to ensure that digital transformation can be implemented effectively. The results of the analysis of 11 scientific articles show that the integration between innovative leadership and organizational readiness strengthens the organization's ability to respond to technological changes strategically. This study emphasizes the importance of building synergy between visionary leadership and adaptive organizational structures, through strengthening human resource capacity, digital training, and the formation of a culture of sustainable innovation. These findings contribute to managerial practices in both the public and private sectors in facing the era of digital transformation.
Implementation of Social Innovation to Increase the Resilience of Micro Enterprises in Rural Areas
Micro enterprises in rural Indonesia have a strategic role in strengthening the local economy, but often face various challenges such as limited market access, technology, and human resources. This study aims to examine the application of social innovation in increasing the resilience of micro enterprises through a literature study method on 19 scientific articles. The results show that social innovation contributes significantly to increasing the resilience of micro businesses, both from economic, social, operational, and psychological aspects. Forms of innovation include business digitalization, community-based institutional strengthening, and multi-stakeholder collaboration through the Penta Helix and Tetrapreneur models. The success of innovation is greatly influenced by the involvement of local actors, continuous mentoring, and support for village regulations. This study recommends the integration of social innovation into village development planning as well as strengthening the capacity of MSME actors through digital literacy and strengthening social capital as a long-term resilience strategy.
Entrepreneurial Finance Approach in Increasing the Growth Power of Digital Startups
The rapid growth of digital startups has raised the need for a more flexible and adaptive approach to finance. This study aims to analyze the contribution of entrepreneurial finance in increasing the growth power of digital startups through a literature study of 14 scientific. The results show that the entrepreneurial finance approach not only provides access to capital, but also creates strategic collaborations that play a role in business planning, innovation, and market expansion. Instruments such as crowdfunding, venture capital, and fintech lending have been proven to support the acceleration of business scale and the financial resilience of startups. In addition, collaborative strategies between startups and investors are considered more effective in building a sustainable business. However, the effectiveness of this approach is highly dependent on the readiness of the digital ecosystem, the financial literacy of the founders, and regulatory support. Thus, entrepreneurial finance is an integral strategic framework for the success of digital startups in the era of innovation-based economy.
The Role of Social Media in Increasing the Growth and Competitiveness of Startups
Social media has become one of the main pillars in the digital transformation of the entrepreneurial sector, especially in encouraging the growth and competitiveness of startups. This study aims to analyze the strategic role of social media in the development of start-ups in Indonesia by using a literature review approach on 12 scientific articles. The results of the study show that social media contributes significantly to increasing business growth through expanding market access, strengthening brand identity, and direct interaction with customers. In addition, social media plays an important role in creating competitive differentiation through creative content and data-driven marketing strategies. However, the effectiveness of social media is greatly influenced by the digital capacity of business actors, including digital literacy, analytical skills, and consistency in platform management. This research confirms that social media is not just a promotional tool, but an integral part of a sustainable digital business growth strategy. Collaborative support between the government, the private sector, and academia is needed to strengthen the optimal use of social media by startups in Indonesia.
An Entrepreneurial Development Approach to Encouraging Innovation-Based Economic Recovery
Post crisis economic recovery demands innovative approaches, one of which is the development of entrepreneurship based on innovation. This approach focuses on building ecosystems that support dynamic entrepreneurship capable of driving long-term economic growth. This literature-based study aims to examine how innovation driven entrepreneurial development can accelerate economic recovery by creating added value, technological efficiency, and new employment opportunities. By analyzing various recent international journals, this study identifies effective strategies such as business incubation, access to innovative financing, and triple helix collaboration. The findings reveal that innovation driven by entrepreneurship is not only capable of mitigating the impacts of economic crises but also facilitates the transition toward a digital and green economy. This research provides a conceptual framework and policy implications that can be applied broadly to strengthen economic resilience through innovation. The integration of entrepreneurship, innovation, and institutional collaboration emerges as a key component in transforming economies to be more adaptive, inclusive, and future oriented in the face of global challenges.
Innovation in Financial Governance and Accountability for Small Business Growth
Innovation in financial governance and accountability forms a crucial foundation for supporting the sustainable growth of small enterprises. Through adaptive and technology-driven managerial approaches, small business actors can enhance efficiency, transparency, and access to financial resources. This study presents a literature review drawn from various academic journals to evaluate the role of governance innovation in strengthening financial accountability and improving the competitiveness of small businesses. The findings indicate that the adoption of financial technologies, the integration of accountable reporting systems, and the enhancement of managerial capacity significantly contribute to the stability and expansion of small enterprises. These innovations are not only instrumental in mitigating operational and financial risks but also in building investor trust and facilitating better decision-making. The review underscores that effective financial governance combined with innovation enables small businesses to navigate dynamic market conditions and fosters inclusive economic development. Therefore, continuous improvement in financial accountability and governance is essential for ensuring long-term business growth.