This study analyzed the sustainability determinants for small and medium enterprises (SMEs) on Indonesia's Belitung Island Geopark using structural equation modeling (SEM).A survey was conducted with 245 SME practitioners on the island.The results revealed that digital innovation, smart governance, and business capabilities significantly influenced SME sustainability and competitiveness, while government regulations had less impact.Furthermore, competitiveness and collaboration had the strongest direct impacts on sustainable performance.An SME sustainability model is proposed, demonstrating that performance is rooted in competitiveness, collaboration, and capability/innovation, supported by governance.
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Meirobie et al. (2024) studied this question.
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