The impact of digital marketing innovation and strategic orientation on firm performance: mediation by marketing capability and moderation by risk management

MSMEs have contributed to employment and economic growth. There are many challenges faced by MSMEs in the era of Industrial Revolution 4.0, including the use of digital marketing innovation and strategic orientation to achieve firm performance. In this research, the aim is to analyze the influence o...

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Detalles Bibliográficos
Autores: Yuwono, Wisnu, Dwi Fitriyanti, Selviana, Nainggolan, Ferdinand
Tipo de recurso: artículo
Fecha de publicación:2025
País:España
Institución:Universidad Pablo de Olavide (UPO)
Repositorio:RIO. Repositorio Institucional Olavide
Idioma:inglés
OAI Identifier:oai:rio.upo.es:10433/24332
Acceso en línea:https://hdl.handle.net/10433/24332
Access Level:acceso abierto
Palabra clave:Digital Marketing Innovation
Strategic Orientation
Firm Performance
Marketing Capability
Risk Management
Innovación en Marketing Digital
Orientación Estratégica
Rendimiento de la Empresa
Capacidad de Marketing
Gestión del Riesgo
Descripción
Sumario:MSMEs have contributed to employment and economic growth. There are many challenges faced by MSMEs in the era of Industrial Revolution 4.0, including the use of digital marketing innovation and strategic orientation to achieve firm performance. In this research, the aim is to analyze the influence of digital marketing innovation and strategic orientation on firm performance with marketing capability as mediation and the influence of marketing capability on firm performance moderated by risk management. This research is a descriptive quantitative study with a survey approach of 279 respondents from MSMEs in the food and beverage sector. The collected data was processed using SmartPLS, the results showed that digital marketing innovation and strategic orientation have a significant effect on marketing capability, and on firm performance. Marketing capability is having no significant impact on firm performance. Digital marketing innovation and strategic orientation with marketing capability as mediating variable has no significant effect on firm performance. Marketing capability and strategic orientation with risk management as a moderating variable have no significant effect on firm performance. The results of this study are input for MSMEs in increasing the role of digital marketing innovation, orientation strategy and marketing capability towards company performance. Risk management needs to be built by implementing the right risk treatment in order to be able to drive firm performance.