Analyzing the drivers of sustainable value creation, partnership strategies, and their impact on business competitive advantages of small & medium enterprises: a PLS-model

Ni Luh Putu Hariastuti (), Pratikto Pratikto, Purnomo Budi Santoso and Ishardita Pambudi Tama
Additional contact information
Ni Luh Putu Hariastuti: Ni Luh Putu Hariastuti; Adhi Tama Institute of Technology Surabaya
Pratikto Pratikto: Brawijaya University
Purnomo Budi Santoso: Brawijaya University
Ishardita Pambudi Tama: Brawijaya University

Eastern-European Journal of Enterprise Technologies, 2021, vol. 2, issue 13(110), 55-66

Abstract: Sustainable manufacturing is a critical phenomenon in the process of creating sustainable value. This is a way to increase innovation and resource quality. On the other hand, the partnership strategy is an important factor in efforts to improve company performance. The involvement of the partnership strategy is one of the factors that strengthen the achievement of sustainable values. Furthermore, this affects the sustainability of a manufacturing company's competitiveness, including Small and Medium Enterprises (SMEs). In this study, we focus on creating sustainable value and the role of partnership strategies in improving the business performance of SMEs engaged in the metal manufacturing industry. The Partial Least Squares (PLS) approach to Structural Equation Modeling (SEM) is used to evaluate relationships and effects based on survey data from small and medium industries. The results show that the creation of sustainable value, including products, processes, production, equipment, organization, and human values, has a significant impact (β=0.522; ρ

Keywords: sustainable; value creation; partnership strategy; competitiveness; small and medium enterprises (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://journals.uran.ua/eejet/article/view/228864/229307 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:baq:jetart:v:2:y:2021:i:13:p:55-66

DOI: 10.15587/1729-4061.2021.228864

Access Statistics for this article

More articles in Eastern-European Journal of Enterprise Technologies from PC TECHNOLOGY CENTER
Bibliographic data for series maintained by Iryna Prudius ().