TECHNOPRENEOURSHIP CONTRIBUTION ON SMALL MEDIUM INDUSTRY BUSINESS PERFOMANCE IN BALI-INDONESIA
The purpose of this study was to analyze the role of technopreneurs in supporting the productivity of small and medium industry (SMIs). The effect of innovation on small and medium industry business performance, the influence of Information Technology on business performance, and the role of Information Technology in mediating innovation on business performance were tested in this study. Data were collected using an online questionnaire. A total of 347 questionnaires were sent to the business owner of SMIs in Bali province. This study used structural equation modeling analysis with partial least square (PLS) software to analyze three research problems. The result of the analysis shows that: 1) innovation has a positive effect and is significant on business performance; 2) innovation has a positive effect and is significant on IT; 3) Information Technology has a positive effect but does not significant on business performance.; 4) Information technology does not mediate the relationship between innovation and performance. The result of the analysis also shows that the three dimensions of innovation, namely product innovation, process innovation and distribution innovation are able to significantly shape the innovation construct. The implication of this research is that innovation plays an important role in improving business performance
Technopreneurship, Innovation, Information Technology, and Business Performance.