Coincidence or Strategy? The Role of Accident in Creative Business Development

This study examines the role of accidental events in the creative business development of Indonesia, focusing on whether these incidents are merely coincidences or can be strategically leveraged. A quantitative approach was employed, with data collected from 150 respondents across various creative industries, including fashion, digital media, and design, using a 5-point Likert scale. Data were analyzed using SPSS version 25. The results reveal that entrepreneurs perceive accidental events as valuable opportunities for innovation, business growth, and gaining a competitive advantage. A significant positive correlation was found between the perception of accidents and innovation, as well as between strategic use of accidents and business growth and competitive advantage. The study highlights the importance of strategic adaptability in utilizing accidents as opportunities for fostering innovation and achieving business success. The findings provide insights into how accidental events can be harnessed to drive creative business development and strategic agility in a dynamic market environment.

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Publication Details

Journal
West Science Journal Economic and Entrepreneurship
Published
2025-02-27
DOI
https://doi.org/10.58812/wsjee.v3i01.1680
Primary Topic
Cultural Industries and Urban Development
Type
article
Field-Weighted Citation Impact
0.00
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article

Coincidence or Strategy? The Role of Accident in Creative Business Development

Syamsulbahri Syamsulbahri, Loso Judijanto
West Science Journal Economic and Entrepreneurship
Cultural Industries and Urban Development
article

Coincidence or Strategy? The Role of Accident in Creative Business Development

Syamsulbahri Syamsulbahri, Loso Judijanto
article en

Abstract

This study examines the role of accidental events in the creative business development of Indonesia, focusing on whether these incidents are merely coincidences or can be strategically leveraged. A quantitative approach was employed, with data collected from 150 respondents across various creative industries, including fashion, digital media, and design, using a 5-point Likert scale. Data were analyzed using SPSS version 25. The results reveal that entrepreneurs perceive accidental events as valuable opportunities for innovation, business growth, and gaining a competitive advantage. A significant positive correlation was found between the perception of accidents and innovation, as well as between strategic use of accidents and business growth and competitive advantage. The study highlights the importance of strategic adaptability in utilizing accidents as opportunities for fostering innovation and achieving business success. The findings provide insights into how accidental events can be harnessed to drive creative business development and strategic agility in a dynamic market environment.

West Science Journal Economic and EntrepreneurshipVol. 3(01)
Al Madinah International University (MY)
Openalex Percentile: Top 93%
Cultural Industries and Urban Development
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