The purpose of the present study is to examine the effects of knowledge management and risk taking on financial performance in which negative innovation ou

The rapid evolution of technology has reshaped the global economy, intensified competition, and prompted industry players to embrace innovation to maintain sustained competitiveness. In Indonesia, business incubators, overseen by universities and provincial/city governments, are pivotal. However, understanding the determinants of business incubator performance remains limited. This study investigates 24 statement items aiming to uncover the factors influencing technology business incubators in Indonesia, focusing on knowledge management as a mediating variable from a knowledge-based perspective. Employing a quantitative approach, structural equation modeling (SEM) is utilized to scrutinize these factors’ impact on business incubator performance. The findings reveal that knowledge management serves as a full and partial mediator among funding support, government assistance, incubator governance, and business incubator technology performance. This research offers valuable insights for entrepreneurs and stakeholders by emphasizing the significance of funding, governmental backing, incubator governance, and knowledge management in enhancing incubator business technology performance in Indonesia.

This study aims to examine the influence of leadership styles on institutional transformation and to identify adaptive strategies for effective change management in the context of Indonesian Public Universities (PTNs) striving to achieve world-class university (WCU) status. Using a quantitative research design, data were collected from 125 universities through a hybrid questionnaire method involving Rectors, Directors, Vice Rectors, and Vice Directors as representatives. This study employed logistic regression to analyze the influence of leadership styles on the likelihood of PTNs achieving WCU status, alongside Structural Equation Modeling (SEM) for deeper insights. The study results indicate that transcollegial leadership increases the likelihood of universities achieving WCU status by 35%, while digital and entrepreneurial leadership contribute 25% and 20%, respectively. The primary challenges identified include inadequate digital infrastructure, resistance to change, and regulatory limitations. This study provides practical and theoretical contributions by identifying adaptive leadership strategies tailored to the unique contexts of PTNs. This study is significant as it addresses the leadership challenges specific to Indonesian public universities in their pursuit of international recognition, providing practical and theoretical insights for achieving sustainable transformation. Future research could examine how leadership styles interact with institutional policies and external factors, such as global rankings and funding mechanisms, to achieve and sustain WCU status. Expanding the scope to include comparative studies across different regions or educational systems could provide broader insights into effective strategies for institutional transformation.

Purpose: The phenomenon of fear and anxiety can cause a decline in entrepreneurship. However, the validity of this assertion remains debatable, as opportunity-driven entrepreneurs may benefit from elevated uncertainty during a crisis. This study aims to examine entrepreneurial fear of failure and the well-being of opportunity-driven entrepreneurs in their startup stage during the COVID-19 outbreak. Opportunity-driven startups are oriented toward business growth but may need assistance from incubators. Design/methodology/approach: The study used a qualitative method, where ten participants from incubated and non-incubated startups in Indonesia were interviewed. Thematic analysis was conducted using NVivo 12 software to analyze the data. Findings: This study shows that the interviewees subjected to incubation tended to derive motivation from fear of failure. In contrast, nonincubated interviewees showed a propensity to experience fear of failure as repression and inhibition. Furthermore, the study highlights the correlation between entrepreneurial fear of failure and eudaimonic well-being. Originality/value: This study contributes to the literature with empirical results on fear of failure capturing the essence of entrepreneurial behavior during crises/pandemic in the context of business startups. It provides valuable insights into the policy implications for promoting innovation among startups in specific contexts.

This study was conducted to examine innovation and succession planning of some Minangkabau family business using the institutional logic approach. It is important to note that the Minangkabau is completely a Muslim society in Indonesia and one of the largest matrilineal societies in the world. Moreover, innovation and succession planning are important factors and interlinked concepts signifying the dynamics of a family business. A qualitative approach was implemented in this study and this involved interviewing 17 Minangkabau people from six family businesses after which thematic analysis was utilized to examine the collected data. It was discovered that there were two consecutive major patterns regarding family business innovation and succession planning based on business, community or socio-cultural values, and family logic. Moreover, two possible paths were identified with the interviewees observed to have one which involved the importance of succession planning and its consequences on business innovation. This means family business innovation in real organizations needs to be based on trustworthiness as well as the adoption of appropriate changes and strategies.