Journal of Management Research and Review (JMRR) · Research article · Open access
Dynamics of Capital Structure, Innovation, And Partnerships among Micro and Small Food Manufacturing Enterprises in Indonesia
Erna Maulina, Anang Muftiadi, Agus Taryana
24 December 2025 · Vol. 1, Issue 6, pp. 234-242
DOI: 10.65150/EP-jmrr/V1E6/2025-03
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What is this article about?
This study examines the dynamics of Micro and Small Enterprises (MSEs) in the food manufacturing sector (KBLI 10) in Indonesia, with a particular focus on the relationship between capital structure, innovation characteristics, and partnership patterns over the period 2020–2024. A descriptive-quantitative approach is employed using official secondary data from Statistics Indonesia, enabling a comprehensive mapping of sectoral trends without intervening in the behavior of individual enterprises.
Article at a glance
- Published
- 24 December 2025
- Volume / issue / pages
- Vol. 1, Issue 6, pp. 234-242
- ISSN
- 3051-3588 (online) · 3051-357X (print)
- Licence
- CC BY 4.0 — free to read and reuse with attribution
- Peer review
- Double-blind, at least two independent reviewers
- Publisher
- EP Journals Group
Abstract
This study examines the dynamics of Micro and Small Enterprises (MSEs) in the food manufacturing sector (KBLI 10) in Indonesia, with a particular focus on the relationship between capital structure, innovation characteristics, and partnership patterns over the period 2020–2024. A descriptive-quantitative approach is employed using official secondary data from Statistics Indonesia, enabling a comprehensive mapping of sectoral trends without intervening in the behavior of individual enterprises. The analysis explores how the dominance of self-financing, the variation in the intensity and types of innovation, and the configuration of partnerships—ranging from general trade and operational cooperation to more structured schemes—are linked to the positioning of MSEs within value chains and their opportunities to enhance competitiveness. The empirical findings are interpreted in dialogue with the literature on MSME finance, small business innovation, and partnership integration in developing economies, thereby providing a more nuanced understanding of structural constraints and policy spaces relevant to Indonesia’s food MSEs.
Keywords: micro and small enterprises, food sector, capital structure, innovation, partnership.
Cite this article
Erna Maulina, Anang Muftiadi, & Agus Taryana (2025). Dynamics of Capital Structure, Innovation, And Partnerships among Micro and Small Food Manufacturing Enterprises in Indonesia. Journal of Management Research and Review, 1(6), 234-242. https://doi.org/10.65150/EP-jmrr/V1E6/2025-03
@article{Erna2025,
title = {Dynamics of Capital Structure, Innovation, And Partnerships among Micro and Small Food Manufacturing Enterprises in Indonesia},
author = {Erna Maulina and Anang Muftiadi and Agus Taryana},
journal = {Journal of Management Research and Review},
year = {2025},
volume = {1},
number = {6},
pages = {234-242},
doi = {10.65150/EP-jmrr/V1E6/2025-03},
url = {https://doi.org/10.65150/EP-jmrr/V1E6/2025-03}
}Questions about this article
Who wrote this article?
Erna Maulina, Anang Muftiadi, Agus Taryana.
Where and when was it published?
In Journal of Management Research and Review, Volume 1, Issue 6, pages 234-242, published by EP Journals Group on 24 December 2025.
Is this article free to read?
Yes. It is open access under a Creative Commons Attribution 4.0 (CC BY 4.0) licence, so anyone can read, share and reuse it with attribution.
What is the DOI of this article?
10.65150/EP-jmrr/V1E6/2025-03 (https://doi.org/10.65150/EP-jmrr/V1E6/2025-03).
How do I cite this article?
APA: Erna Maulina, Anang Muftiadi, & Agus Taryana (2025). Dynamics of Capital Structure, Innovation, And Partnerships among Micro and Small Food Manufacturing Enterprises in Indonesia. Journal of Management Research and Review, 1(6), 234-242. https://doi.org/10.65150/EP-jmrr/V1E6/2025-03
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