Examining the Role of Information Technology, Creativity, and Business Capital in Supporting MSMEs Sustainability in Bandar Lampung's Fashion Industry

Authors

  • Nesya Maharani Putri Universitas Lampung
  • Rr Erlina Universitas Lampung
  • Nurul Husna Universitas Lampung

DOI:

https://doi.org/10.70062/globalmanagement.v1i4.25

Keywords:

Information Technology, Creativity, Business Capital

Abstract

The Indonesian economy is largely driven by Micro, Small, and Medium Enterprises (MSMEs), which play a vital role in economic growth. MSMEs have proven resilient during economic crises. This study analyzes the impact of Information Technology, Creativity, and Business Capital on MSME sustainability using quantitative methods. Data from 115 MSMEs were gathered through structured questionnaires. The t-test results reveal that Creativity significantly influences MSME sustainability. Similarly, Information Technology and Business Capital have significant positive impacts, aligning with existing literature. The coefficient of determination (R²) of 43.7% shows that these three variables explain variations in MSME sustainability. To enhance Information Technology utilization, MSMEs should improve data systems and provide training for managers. Creativity can be strengthened by fostering innovation and organizing brainstorming sessions. For Business Capital, MSMEs need investment strategies focused on long-term growth. Additionally, increasing market value through product innovation and collaboration is crucial. These efforts are expected to support the sustainability of MSMEs in Bandar Lampung’s fashion sector.

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Published

2024-11-22

How to Cite

Nesya Maharani Putri, Rr Erlina, & Nurul Husna. (2024). Examining the Role of Information Technology, Creativity, and Business Capital in Supporting MSMEs Sustainability in Bandar Lampung’s Fashion Industry. Global Management: International Journal of Management Science and Entrepreneurship, 1(4), 51–61. https://doi.org/10.70062/globalmanagement.v1i4.25

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