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Type :Thesis
Subject :HD Industries. Land use. Labor
Main Author :Agus Jayana
Title :Industrial mining policy, role of innovation and firm business performance in Indonesia mining companies
Hits :7
Place of Production :Tanjong Malim
Publisher :Fakulti Pengurusan dan Ekonomi
Year of Publication :2024
Corporate Name :Perpustakaan Tuanku Bainun
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Abstract : Perpustakaan Tuanku Bainun
This study endeavors to examine the complex correlation between industrial mining policy (IMP), firm business performance (FBP), and innovation (IN). A positivist approach is employed in this research, utilizing a cross-sectional survey to gather primary data. The collected data is subjected to quantitative analysis using partial least squares structural equation modeling (PLS-SEM). The specific focus of this investigation centers around Indonesian mining firms possessing mining business permits (IUP), with a total sample size of 385 respondents who participated in the survey. The findings indicate all constructs and dimensions are categorized as substantial and have predictive relevance because they have a value of R2 _ 0.75 and Q2 _ 0. This study also demonstrates that innovation acts as a mediator between the industrial mining policy and firm business performance, since the path coefficient of the indirect effect of IMP _ IN _ FBP (0.496) is higher than the direct effect of IMP _ FBP (0.323), with a t-statistic value > 1.96 and a p-value < 0.05. In sum, this research emphasizes the significance of innovation in enhancing the positive correlation between the industrial mining policy and firm business performance within the Indonesian mining sector. By embracing innovative strategies and technologies, mining companies can optimize their operations, enhance productivity, and mitigate environmental repercussions. Additionally, these findings hold implications for government policymakers, offering valuable insights for future public policy formulation concerning the mining industry. Mining companies are encouraged to prioritize continuous improvement and innovation, as these factors are crucial for the relationship between industrial mining policy and firm business performance._ _ _ Keywords: industrial policy, innovation, firm business performance, mining industry, structural equation modeling_

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