Published: 2025-03-04
The Role of Business Size and Technology Adoption in Enhancing MSME Financial Performance
DOI: 10.35870/ijmsit.v5i1.3833
Downloads
Abstract
This study examines the impact of business size and technology adoption on the financial performance of SMEs (Small and Medium Enterprises). Business size is measured based on operational scale, such as the number of employees and sales volume. At the same time, technology adoption refers to using digital tools and information systems in business operations. Multiple linear regression is applied to analyze data collected from 100 SMEs across various industries. The analysis results show that business size significantly positively affects financial performance, with a regression coefficient of 0.35 (p-value = 0.002). This means that increasing business size will drive an improvement in economic performance. Technology adoption also has a significant impact, with a regression coefficient of 0.42 (p-value = 0.001), indicating that the use of technology can enhance financial performance. The coefficient of determination (R²) of 0.58 suggests that 58% of the variation in economic performance can be explained by business size and technology adoption. These findings are important for SME owners and policymakers to design strategies to accelerate SMEs' growth and sustainability through business scaling and digital technology implementation.
Keywords
Business Size ; Technology Adoption ; Financial Performance ; SMEs ; Multiple Linear Regression
Article Information
This article has been peer-reviewed and published in the International Journal of Management Science and Information Technology. The content is available under the terms of the Creative Commons Attribution 4.0 International License.
-
Issue: Vol. 5 No. 1 (2025)
-
Section: Articles
-
Published: %750 %e, %2025
-
License: CC BY 4.0
-
Copyright: © 2025 Authors
-
DOI: 10.35870/ijmsit.v5i1.3833
AI Research Hub
This article is indexed and available through various AI-powered research tools and citation platforms. Our AI Research Hub ensures that scholarly work is discoverable, accessible, and easily integrated into the global research ecosystem. By leveraging artificial intelligence for indexing, recommendation, and citation analysis, we enhance the visibility and impact of published research.
Yulianto Umar Rofi'i
Digital Business Study Program, Institut Teknologi dan Bisnis Muhammadiyah Bali, Denpasar City, Bali Province, Indonesia.
-
Anggriani, I., Armiani, A., & Wahyullah, M. (2023). Pengaruh inklusi keuangan, literasi keuangan, dan pengelolaan keuangan terhadap kinerja umkm di kabupaten dompu. Kompeten Jurnal Ilmiah Ekonomi Dan Bisnis, 2(3), 598-609. https://doi.org/10.57141/kompeten.v2i3.89
-
Aroginanto, A., Fithrayudi, M., Purnomo, D., & Yohani, Y. (2023). Pengaruh tingkat pendidikan, pemahaman akuntansi, ukuran usaha dan lama usaha terhadap kualitas laporan keuangan umkm batik binaan dinkop umkm dan naker kabupaten pekalongan. Neraca, 19(2), 18-28. https://doi.org/10.48144/neraca.v19i2.1683
-
Daswal, G., Nursanty, I., & Fauzi, A. (2023). Pengaruh inovasi, penggunaan informasi akuntansi, dan literasi keuangan terhadap kinerja umkm di kecamatan sekarbela. Kompeten Jurnal Ilmiah Ekonomi Dan Bisnis, 2(3), 610-618. https://doi.org/10.57141/kompeten.v2i3.91
-
Fauzi, F., Rahmayana, L., Wulandari, I., & Sugiharto, B. (2023). Mengapa digitalisasi akuntasi harus di lakukan pada perusahaan umkm : sebuah tinajaun pustaka. Jurnal Aktiva Riset Akuntansi Dan Keuangan, 5(1), 43-56. https://doi.org/10.52005/aktiva.v5i1.179
-
Hilmawati, M. and Kusumaningtias, R. (2021). Inklusi keuangan dan literasi keuangan terhadap kinerja dan keberlangsungan sektor usaha mikro kecil menengah. Nominal Barometer Riset Akuntansi Dan Manajemen, 10(1), 135-152. https://doi.org/10.21831/nominal.v10i1.33881
-
Imilda, Hajriyanti, R., & Zahra, R. (2024). Pengaruh Faktor yang Mempengaruhi Pembelian Impulsif Online Produk Fashion melalui Siaran Langsung: Perbandingan antara Instagram dan TikTok. Jurnal Manajemen Dan Teknologi, 1(2), 1-15. https://doi.org/10.35870/jmt.v1i2.1055
-
Ismail, Iqbal, T., & Anisah. (2024). Dampak Persepsi Konsumen dan Pelayanan terhadap Keputusan Pembelian: Studi Empiris di Sektor Kuliner. Jurnal Manajemen Dan Teknologi, 1(2), 45-57. https://doi.org/10.35870/jmt.v1i2.1107
-
Kusuma, M., Narulitasari, D., & Nurohman, Y. (2022). Inklusi keuangan dan literasi keuangan terhadap kinerja dan keberlanjutan umkm disolo raya. Among Makarti, 14(2). https://doi.org/10.52353/ama.v14i2.210
-
Manne, F. (2022). Praktik digitalisasi keuangan syariah terhadap kinerja keuangan umkm di kota makassar. Indonesian Journal of Business and Management, 5(1), 173-177. https://doi.org/10.35965/jbm.v5i1.2016
-
Mega, S., Dumadi, D., & Wulandari, H. (2024). Pengaruh ukuran usaha dan pemahaman akuntansi terhadap penyajian laporan keuangan pada pelaku umkm mitra mandiri brebes. Journal of Management Accounting, Tax and Production, 2(2), 784-792. https://doi.org/10.57235/mantap.v2i2.3375
-
Novita, Y., & Zahra, R. (2024). Penerapan Artificial Intelligence (AI) untuk Meningkatkan Efisiensi Operasional di Perusahaan Manufaktur: Studi Kasus PT. XYZ. Jurnal Manajemen Dan Teknologi, 1(1), 11-21. https://doi.org/10.35870/jmt.v1i1.773
-
Putri, D., Armiani, A., & Setiawati, E. (2024). Pengaruh literasi keuangan, payment gateway, peer to peer lending, dan inklusi keuangan terhadap kinerja keuangan. Kompeten Jurnal Ilmiah Ekonomi Dan Bisnis, 3(3), 972-985. https://doi.org/10.57141/kompeten.v3i3.151
-
Salam, A., & Imilda. (2024). Transformasi Digital UMKM Indonesia di Era Industri 5.0: Studi Kasus di Kota Banda Aceh. Jurnal Manajemen Dan Teknologi, 1(1), 1-10. https://doi.org/10.35870/jmt.v1i1.772
-
Setiawan, I., Afiyanti, F., Hermawan, D., & Yanti, T. (2022). Pembiayaan umkm bank syariah dan stabilitas moneter di indonesia pasca pandemic covid-19. Ekombis Review Jurnal Ilmiah Ekonomi Dan Bisnis, 10(2). https://doi.org/10.37676/ekombis.v10i2.2567
-
Siagian, M., Kurniawan, P., & Hikmah, H. (2019). Analisis faktor eksternal dan internal terhadap kinerja umkm di kota batam. Jesya (Jurnal Ekonomi & Ekonomi Syariah), 2(2), 265-271. https://doi.org/10.36778/jesya.v2i2.107
-
Subagio, I. and Saraswati, E. (2021). Pengaruh e-commerce dan penggunaan informasi akuntansi terhadap kinerja umkm di purbalingga. J-Lee - Journal of Law English and Economics, 2(01), 1-14. https://doi.org/10.35960/j-lee.v2i01.592
-
Sulistyawati, U. S., & Munawir. (2024). Membangun Keunggulan Kompetitif melalui Platform E-Commerce: Studi Kasus Tokopedia. Jurnal Manajemen Dan Teknologi, 1(1), 43-56. https://doi.org/10.35870/jmt.v1i1.776
-
Wiadnyana, M. and Wahyuni, M. (2023). Pengaruh aplikasi akuntansi berbasis android si apik, kompetensi sumber daya manusia, dan pengelolaan keuangan terhadap kinerja keuangan umkm pasca covid-19 (studi pada umkm di kabupaten jembrana). Jurnal Ilmiah Akuntansi Dan Humanika, 13(2), 252-263. https://doi.org/10.23887/jiah.v13i2.60878
-
Widyaningsih, E. and Widodo, H. (2024). Meningkatkan kinerja umkm: dampak dari inklusi keuangan dan literasi keuangan. jpem, 1(2), 17. https://doi.org/10.47134/jpem.v1i2.256
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
1. Copyright Retention and Open Access License
Authors retain copyright of their work and grant the journal non-exclusive right of first publication under the Creative Commons Attribution 4.0 International License (CC BY 4.0).
This license allows unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2. Rights Granted Under CC BY 4.0
Under this license, readers are free to:
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, including commercial use
- No additional restrictions — the licensor cannot revoke these freedoms as long as license terms are followed
3. Attribution Requirements
All uses must include:
- Proper citation of the original work
- Link to the Creative Commons license
- Indication if changes were made to the original work
- No suggestion that the licensor endorses the user or their use
4. Additional Distribution Rights
Authors may:
- Deposit the published version in institutional repositories
- Share through academic social networks
- Include in books, monographs, or other publications
- Post on personal or institutional websites
Requirement: All additional distributions must maintain the CC BY 4.0 license and proper attribution.
5. Self-Archiving and Pre-Print Sharing
Authors are encouraged to:
- Share pre-prints and post-prints online
- Deposit in subject-specific repositories (e.g., arXiv, bioRxiv)
- Engage in scholarly communication throughout the publication process
6. Open Access Commitment
This journal provides immediate open access to all content, supporting the global exchange of knowledge without financial, legal, or technical barriers.