THE Building Business Innovation through Knowledge Sharing, Talent Management and Intrinsic Motivation

Building Business Innovation through Knowledge Sharing, Talent Management and Intrinsic Motivation

Abstract

Business competition in the digitalization era requires conventional rural credit banks to be able to innovate sustainably and survive to increase their existence in the banking world and increase the competitiveness of business performance. The purpose of this study is to analyze the influence of knowledge sharing, talent management and intrinsic motivation both partially and simultaneously on the development of business innovation in Rural Credit Banks in East Java. Data analysis was carried out using the Structural Equation Modeling (SEM) PLS method using inner and outer models. The research is quantitative with an explanatory research approach by distributing questionnaires to 176 Rural Credit Banks as respondents using a Likert scale of 1-5. The results of the study indicate that knowledge sharing, talent management and intrinsic motivation have a significant positive effect on business innovation, namely the use of work technology, both digital banking systems and how to use them. This finding strengthens the theory of resource base view and knowledge base view in increasing innovation in the Rural Credit Bank sector with the ability to share ideas and suggestions, strategic talent management and the creation of an optimal work environment