https://ejournal.stiedewantara.ac.id/index.php/JMD <p>Jurnal Riset Manajemen dan Bisnis Dewantara (JMD) merupakan terbitan berkala ilmiah sebagai sarana untuk menyebarluaskan hasil penelitian dan ilmu pengetahuan di bidang Manajemen yang diterbitkan oleh Lembaga Penerbitan dan Publikasi Karya Ilmiah (LP2KI) STIE PGRI Dewantara Jombang, secara berkala 2 (dua) kali setahun setiap bulan Juli dan Januari dengan tujuan menyebarluaskan hasil-hasil penelitian, pengkajian, dan pengembangan bidang Manajemen dan Bisnis. Artikel yang di publikasikan dalam Jurnal Riset Manajemen dan Bisnis Dewantara (JMD) dapat berupa Artikel Penelitian maupun Artikel Konseptual (non-penelitian) dari berbagai penulis baik dalam dan luar negeri, dengan melalui review yang ketat oleh para reviewer yang sangat berkompeten di bidangnya dari berbagai perguruan tinggi serta praktisi untuk menjaga kualitas artikel dalam Jurnal Riset Manajemen dan Bisnis Dewantara (JMD), dan akhirnya jurnal ini diharapkan mampu memberikan kontribusi atas berbagai permasalahan dan persoalan yang ada pada bidang manajemen serta mampu menginspirasi, mencerdaskan dan memberi pencerahan.</p> STIE PGRI Dewantara Jombang en-US JMD : Jurnal Riset Manajemen & Bisnis Dewantara 2829-4440 <p>Authors who publish with this journal agree to the following terms:</p> <ol> <li class="show">Copyright on any article is retained by the author(s).</li> <li class="show">The author grants the journal, right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work’s authorship and initial publication in this journal.</li> <li class="show">Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal’s published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.</li> <li class="show">Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.</li> <li class="show">The article and any associated published material is distributed under the&nbsp;<a href="http://creativecommons.org/licenses/by-sa/4.0/" rel="license">Creative Commons Attribution-ShareAlike 4.0 International License</a></li> </ol> https://ejournal.stiedewantara.ac.id/index.php/JMD/article/view/1382 <p>&nbsp;</p> <p>The post-covid-19 era is a momentum for all types of business models to immediately reach their highest performance after dropping drastically due to the economic recession. The manufacturing industry is one type of business model that is under enormous pressure during Covid-19 and is required to immediately return to normal. Small and medium industries as a class of manufacturing industry are unique in their ability to recover quickly, apart from the fact that their industrial model is quite small, many of these small and medium industries also form industrial clusters. In the current era of knowledge-based economy, one theory provides an illustration that if a business organization wants to quickly achieve business performance, it needs to master the necessary knowledge. This concept is called absorptive capacity which explains how a business organization acquires knowledge and implements it to gain competitive advantage. This research tries to present a factor analysis on the theoretical concept of absorptive capacity (with the dimensions of acquisition, assimilation, transformation, and exploitation) in a small and medium industrial cluster. There were 127 respondents from the small and medium Logam industrial cluster in Ngingas Village, Waru Distric, Sidoarjo - Indonesia. This research reveals that in the small and medium Logam industrial cluster in Ngingas Waru Sidoarjo - Indonesia, the acquisition factor is the dominant factor in the process of mastering knowledge that comes from outside the organization and the assimilation factor is the least dominant factor in the process of mastering knowledge.</p> Handiwibowo Gogor Arif Copyright (c) 2025 Handiwibowo Gogor Arif https://creativecommons.org/licenses/by-sa/4.0 2025-07-12 2025-07-12 8 2 53 60 10.26533/jmd.v8i2.1382