Resource-Based View, Dynamic Capabilities, and Entrepreneurial Orientation: Their Impact on MSME Performance and Sustainable Competitive Advantage of MSMEs in Bali
DOI:
https://doi.org/10.38043/jimb.v10i2.7113Keywords:
Dynamic Capabilities, Entrepreneurial Orientation, MSME Performance, Resource-Based View, Sustainable Competitive AdvantageAbstract
Micro, Small, and Medium Enterprises (MSMEs) in Bali play a crucial role in employment absorption, driving the tourism sector, and strengthening the regional economy. However, most MSMEs still face challenges such as low levels of digitalization, limited resources, and vulnerability to external shocks like pandemics. In this context, the Resource-Based View (RBV) emphasizes the importance of managing resources that are valuable, rare, inimitable, and non-substitutable (VRIN) as the foundation for competitive advantage. Meanwhile, Dynamic Capabilities (DC) are required to enable organizations to perform sensing, seizing, and reconfiguring in response to environmental opportunities and threats, while Entrepreneurial Orientation (EO)—including innovativeness, proactiveness, and risk-taking—encourages creativity and business growth. This study aims to analyze the influence of RBV, DC, and EO on MSME performance and Sustainable Competitive Advantage (SCA) in Bali Province. The research applies a quantitative approach with an explanatory design, involving 200 active MSME respondents who meet the operational criteria. Data analysis was conducted using the Structural Equation Modeling–Partial Least Squares (SEM-PLS) method. The results show that all three variables—RBV, DC, and EO—have positive and significant effects on MSME performance and SCA. DC emerged as the most dominant factor in creating sustainable competitive advantage, followed by RBV and EO. These findings highlight that the integration of internal resource management, adaptive capabilities, and entrepreneurial orientation is a key strategy for Balinese MSMEs to sustain and excel in the digital transformation era.
Downloads
References
Abbasi Kamardi, A., Amoozad Mahdiraji, H., Masoumi, S., & Jafari-Sadeghi, V. (2022). Developing sustainable competitive advantages from the lens of resource-based view: evidence from IT sector of an emerging economy. Journal of Strategic Marketing, 33(6), 775797. https://doi.org/10.1080/0965254X.2022.2160485
Adam, L., Ermawati, T., Nurjati, E., Yoga Edi, R., Inayah, I., Mulyaningsih, Y., Thoha, M., Sarana, J., S. Soesilowati, E., Saptia, Y., Adityawati, S., & Darwin. (2024). Entrepreneurial orientation in Indonesian SMEs. Cogent Business and Management, 11(1). https://doi.org/10.1080/23311975.2024.2399750
Agustin, A., Putra, G. P. E., Pramesti, D. T., & Madiistriyatno, H. (2023). Strategi UMKM Dalam Menghadapi Digitalisasi. Oikos-Nomos: JURNAL KAJIAN EKONOMI DAN BISNIS, 16, 33.
Arifin, A. L., Winarno, U., & Badrudin, A. (2025). Inovasi Teknologi Guna Meningkatkan Produktivitas Dan Daya Saing Umkm Dalam Rangka Ketahanan Ekonomi. Jurnal Manajemen Dan Kewirausahaan, 17(2), 145158.
Balya, M. R. R., & Yuldinawati, L. (2024). The influence of entrepreneurial orientation and innovation on the performance of MSMEs in Indonesia: A case study of Generation Z MSMEs. Al-Kharaj: Journal of Islamic Economic and Business, 7(2). https://doi.org/10.24256/kharaj.v7i2.7488
Clara, C., Hippy, M. Z., Sitorus, S., Siagian, V., Mandagi, D. W., Siahaya, J. C., Kainde, L. L., Wati, N., Sugiarto, M., Ekawati, R., Leilasariyanti, Y., Kurniawati, J., & Risty, I. (2024). Sustainable Competitive Advantage Untuk UMKM (Vol. 1, Issue August). https://www.researchgate.net/publication/382920459_Sustainable_Competitive_Advantage_Untuk_UMKM
Efiana Manilang, Ester Novita Desi, Y. B. (2024). Inovasi Dan Kreativitas Dalam Kewirausahaan. Kompasiana, 6(4). Kompasiana.com. Inovasi Dan Kreativitas Dalam Kewirausahaan. KOMPASIANA, 11 July 2021, www.kompasiana.com/muhammadyazidkurnia1289/60eb281e06310e0f25262892/inovasi-dan-kreativitas-dalam-kewirausahaan. Accessed 27 Oct. 2023.
Efrina S, L., Azmi, M., Primadiva, P. P., Utama, A. N. B., & Anggun, D. (2024). Application of RBV Theory In Measuring The Success of MSME Competitive Advantage Business Strategies In The Era of Uncertainty. Electronic Journal of Education, Social Economics and Technology, 5(2), 495510. https://doi.org/10.33122/ejeset.v5i2.722
Farhan, M. T., Eryanto, H., & Saptono, A. (2022). Pengaruh Literasi Digital Dan Orientasi Kewirausahaan Terhadap Kinerja Usaha UMKM (Studi Pada UMKM Sektor Food And Beverage Di Jakarta Selatan). Transekonomika: Akuntansi, Bisnis Dan Keuangan, 2(6), 3548. https://transpublika.co.id/ojs/index.php/Transekonomika
Farida, L., Sudarsih, S., Apriono, M., Krishnabudi, N. G., Utami, E. S., & Putri, N. A. (2022). Menciptakan Keunggulan Kompetitif Berkelanjutan Melalui Kemampuan Dinamis dan Kinerja Inovasi pada UMKM Kreatif. Jurnal Ekonomi Efektif, 5(1), 170. https://doi.org/10.32493/jee.v5i1.24760
Hair, J. F., Hult, G. T. M., & Ringle, C. M. (2017). A primer on partial least squares structural equation modeling (PLS-SEM).
Khairani, N., Anshari, F., Kanaya, N. S., & Ginting, P. A. (2025). Inovasi Kewirausahaan di Era Digital: Kajian Literatur tentang Model Bisnis UMKM Berbasis Teknologi. INNOVATIVE: Journal Of Social Science Research, 5(3), 45924602. https://j-innovative.org/index.php/Innovative
Kurnia, M. I., & Indriani, R. (2025). Peran Literasi Keuangan dan Literasi Digital dalam Meningkatkan Kinerja UKM. Ekonomi, Keuangan, Investasi Dan Syariah (EKUITAS), 6(4), 548556. https://doi.org/10.47065/ekuitas.v6i4.7283
Michael, S., & Suprapto, D. W. (2021). Pengaruh Entrepreneurial Orientation terhadap Competitive Advantage Melalui Dynamic Capabilities pada Umkm Ritel Sandang di Kota Solo. Agora, 9(1). http://publication.petra.ac.id/index.php/manajemen-bisnis/article/view/10986
Mongkol, K. (2021). The influence of dynamic capabilities on performance of small and medium firms: The case of Thai SMEs. International Journal of Entrepreneurship, 25(7), 111.
Pramesti, M. (2023). The entrepreneurial orientation towards MSMEs performance: Role of resource dimensions. ISC-BEAM Proceedings.
Mu, H., Kaihatu, T. S., & Bernardus, D. (2025). Dynamic Capabilities , Technological Capability , and Green Innovation Performance in Indonesian Manufacturing Industries 3803. 13(5), 38033814. https://doi.org/10.37641/jimkes.v13i5.3736
Muharam, D. R. (2017). Penerapan Konsep Resources-Based View (Rbv) Dalam Upaya Mempertahankan Keunggulan Bersaing Perusahaan. Jurnal Ilmu Administrasi: Media Pengembangan Ilmu Dan Praktek Administrasi, 14(1), 8295. https://doi.org/10.31113/jia.v14i1.4
Pratamansyah, S. R. (2024). Transformasi Digital dan Pertumbuhan UMKM: Analisis Dampak Teknologi pada Kinerja Usaha Kecil dan Menengah di Indonesia. Jurnal Akuntansi, Manajemen, Dan Perencanaan Kebijakan, 2(2), 17. https://doi.org/10.47134/jampk.v2i2.475
Sari, R. D., Alawiyah, N., Iza, M., & Munandar, A. (2023). Systematic Literature Review (SLR): Kinerja UMKM di Indonesia dilihat dari Faktor Internal. Jurnal Ilmiah Universitas Batanghari Jambi, 23(2), 2500. https://doi.org/10.33087/jiubj.v23i2.4024
Shiferaw, R. M., & Amentie Kero, C. (2024). Dynamic capabilities view practices of business firms: a systematic literature review. Cogent Business and Management, 11(1). https://doi.org/10.1080/23311975.2024.2336309
Situmorang, J., Sembiring, R., & Sianturi, J. A. T. P. (2023). Jurnal Ilmu Manajemen METHONOMIX (Maret 2023 Agustus 2023). Jurnal Imu Manajemen METHONOMIX, 6(1), 113.
Sudirjo, F., Rukmana, A. Y., Wandan, H., & Hakim, M. L. (2023). Pengaruh Kapabilitas Pemasaran, Digital Marketing Dalam Meningkatkan Kinerja Pemasaran UMKM Di Jawa Barat. Jurnal Bisnisman: Riset Bisnis Dan Manajemen, 5(1), 5569. http://bisnisman.nusaputra.ac.id
Supramono, S., Damayanti, T. W., & Adhitya, D. (2025). Dynamic capabilities and financial behavior to accelerate MSME performance recovery and its impacts on business sustainability. Journal of Innovation and Entrepreneurship, 14, Article 10. https://doi.org/10.1186/s13731-024-00456-7
Suyatmi, S., & Pahlevi, R. W. (2021). Peran Orientasi Kewirausahaan dan Orientasi Pembelajaran untuk Meningkatkan Kinerja UMKM. Esensi: Jurnal Bisnis Dan Manajemen, 11(2), 157168. https://doi.org/10.15408/ess.v11i2.21826
Thamrin, R. M. H., Rahmawati, R., Juniar, A., & Nuryadin, M. (2024). The influence of dynamic capability competence and innovation performance on the sustainable competitive advantage of MSMEs in Papua. Jurnal Ilmiah Manajemen Kesatuan, 13(2). https://doi.org/10.37641/jimkes.v13i2.3164
Triwijayati, A., Luciany, Y. P., Novita, Y., Sintesa, N., & Zahruddin, A. (2023). Strategi Inovasi Bisnis untuk Meningkatkan Daya Saing dan Pertumbuhan Organisasi di Era Digital. Jurnal Bisnis Dan Manajemen West Science, 2(03), 306314. https://doi.org/10.58812/jbmws.v2i03.564
W, Z., & Ie, M. (2023). Peran Orientasi Pasar Dan Orientasi Kewirausahaan Dalam Memprediksi Kinerja Dengan Dimediasi Kapasitas Absorptif. Jurnal Muara Ilmu Ekonomi Dan Bisnis, 7(1), 161175. https://doi.org/10.24912/jmieb.v7i1.23228
Wales, W. J., Kraus, S., Filser, M., Stckmann, C., & Covin, J. G. (2021). The status quo of research on entrepreneurial orientation: Conversational landmarks and theoretical scaffolding. Journal of Business Research, 128, 564577. https://doi.org/10.1016/j.jbusres.2020.10.046
Yulianto, H., & Iryani. (2024). Peningkatan Kapasitas Sumber Daya Manusia melalui Pelatihan Berbasis Teknologi untuk Mendukung Transformasi Nasional. Koferensi Nasional Ilmu Administrasi 8.0, 8(1), 496506.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Ni Made Widnyani
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
