scholarly journals The Effect of Industry 4.0 on the Development of Micro, Small and Medium Enterprises (MSMEs) Banana Chips in Bandar Lampung

2020 ◽  
Vol 8 (2) ◽  
pp. 177-186
Author(s):  
Helmia Adita Fitra ◽  
Fran Sinatra

Industry 4.0 fosters the local economy to be globalized because of technological innovation and the use of the internet. In Indonesia, MSMEs play a vital role in determining national economic performance. In the era of industry 4.0, MSMEs in Indonesia must adopt the technological changes affected by Industry 4.0; otherwise, their business loses competitiveness in the future. To win the competitiveness in the era of industry 4.0, Banana chips MSMEs should formulate the strategies which address the technological improvement and innovation on the component of MSMEs development. This study aims to examine the effect of industry 4.0 on the aspects of MSMEs development, pervades production and infrastructure,  networking and financing support, sales and marketing, and human resources. This study used a quantitative approach and conducted a regression analysis to discover which aspect is affected by Industry 4.0. The results of the study revealed that only two components of Banana Chips MSMEs development affected industry 4.0. They are the component of sales and marketing and human resources components.

Author(s):  
Qaisar Iqbal ◽  
Noor Hazlina Ahmad

Small and medium enterprises (SMEs) play a vital role in the development of any economy. The disruptive technologies of the fourth industrial revolution have ignited the flexibility and dynamic nature of the market. Industry 4.0 requires firms to deliver highly customized and high-quality products at low price and on time. However, the SMEs sector is not performing up to the standard, which is quite disturbing in the current economic situation of the country. This chapter has elaborated the application of advanced information and communication technologies of Industry 4.0 in the context of SMEs. Based on the requirements of Industry 4.0, this chapter has also explored the challenges faced by SMEs in Pakistan. The SMEs in Pakistan are presently coping the challenges such as limited access to finance, the undue compliance and excessive paperwork imposed by regulators, lacking mechanism of talent management, lacking skilled workforce, absence of networking and collaboration, mismanagement of raw material, and insufficient infrastructure.


Author(s):  
Qaisar Iqbal ◽  
Noor Hazlina Ahmad

Small and medium enterprises (SMEs) play a vital role in the development of any economy. The disruptive technologies of the fourth industrial revolution have ignited the flexibility and dynamic nature of the market. Industry 4.0 requires firms to deliver highly customized and high-quality products at low price and on time. However, the SMEs sector is not performing up to the standard, which is quite disturbing in the current economic situation of the country. This chapter has elaborated the application of advanced information and communication technologies of Industry 4.0 in the context of SMEs. Based on the requirements of Industry 4.0, this chapter has also explored the challenges faced by SMEs in Pakistan. The SMEs in Pakistan are presently coping the challenges such as limited access to finance, the undue compliance and excessive paperwork imposed by regulators, lacking mechanism of talent management, lacking skilled workforce, absence of networking and collaboration, mismanagement of raw material, and insufficient infrastructure.


Author(s):  
Mudasetia Hamid ◽  
Evy Rosalina Widyayanti

Yogyakarta is a city and the capital of Yogyakarta Special Region in Java, Indonesia. It is renowned as a center of tourism, education and culture. Yogyakarta is one of the foremost cultural centers of Java. This region is located at the foot of the active merapi vulcano. Yogyakarta is often called the main gateway to the Central Java as where it is geographically located. It stretches from Mount Merapi to the Indian Ocean. This province is one of the most densely populated areas of Indonesia. Yogyakarta is popular tourist destination in indonesia after Bali. These have attracted large number of visitors from across Indonesia and abroad to the city. This status makes Yogyakarta is one of the most heterogeneus cities in Indonesia. In edition, Yogyakarta has attracted large number of people to reside in this city for business. One of these comers is small entrepreneurs with their market munchies enterprise (specially a traditional snack trader). This business is one of famous business in Yogyakarta, we will find rows of pavement vendors selling market munchies. The students and tourists are their main target customers. Market munchies enterprise is part of small and medium enterprises SMEs as livelihood activities. SMEs has an important role in economic growth of Indonesia. Therefore, it is very important to develop and strengthen the micro enterprise empowerment. Micro enterprise empowerment is one of strategy to reduce the poverty rate in Indonesia. Major challenger in implement this program are that micro entrepreneurs are conventional and have satisfied with their revenue. It is very important to develop a comprehensive and sustainable micro enterprise empowerment which consist of strengthen the quality of human resources, maximize the government’s roles, empower the enterprise capital and strengthen the partnership and autonomous. Micro enterprise autonomy will contribute to the economic and investment climate. This will lead to establish an accountable enterprise both for the micro enterprise and customers which at the end will strengthen the development of the micro enterprise in Yogyakarta.Keyword: micro entreprise, human resources, government roles, capital, partnership and autonomous.


2021 ◽  
Vol 4 (1) ◽  
pp. 208
Author(s):  
Rahmat Kurniawan ◽  
Azhar Azhar

This research is to find out the perceptions of micro, small and medium enterprises to modern stores, MSME partnerships with modern stores, constraints, and the role of the government in overcoming the problems of modern shops and MSMEs in Padangsidimpuan City. This research is a descriptive qualitative study by conducting in-depth interviews. The results showed the perception of MSMEs towards modern stores had a negative and positive impact. The negative impact, the income of MSMEs has decreased. The positive impact, the presence of modern stores motivates MSMEs to evaluate themselves from modern stores. The partnership established by MSMEs with modern stores is the use of business locations provided by modern stores. The constraints of MSMEs are business capital, human resources, business legality, business permits and products, while the constraints of modern stores are business permits, human resources and partnerships with MSMEs. The role of the City Government of Padangsidimpuan is for modern stores, namely to give an appeal not to add to modern store outlets and to call for partnerships in terms of marketing local MSME products. For MSMEs, facilitate MSMEs with banking institutions in terms of providing venture capital, training and guidance to MSMEs, and making packaging houses.


Author(s):  
Lisna Rahayu ◽  
Desiree Marlyn Kipuw ◽  

Most studies assume that road development will improve the economy in the region, as reflected by an increase in Gross Domestic Product (GDP). However, GDP is macro in nature and tends to be biased if we ask who benefits from its increase. To identify whether road development has a positive correlation with the improvement of local economy, hence this study was conducted in a micro context by taking the development of the Soroja Toll Road in Indonesia as a case study. With a length of 10.57 km, connecting Bandung Regency and Bandung City, the newly constructed Soroja Toll Road has a strategic function in supporting activities in the Bandung Metropolitan Area (BMA) and is predicted giving implication on increasing Small and Medium Enterprises (SMEs) profit surrounding its corridor. However, a toll road cannot entirely be seen as a public goods, because not all people have access to this type of infrastructure. Only the users of four-wheeled vehicles and those who can afford to pay the toll charge can access the toll road. This study was aimed at identifying the correlation between the developments of the Soroja Toll Road with the improvement of local economy (SMEs) in its surrounding areas. Based on the analysis result, this study indicates that the presence of the Soroja Toll Road had a bigger positive correlation with the increased profit of medium-sized industries than small-sized industries due to their ability to capture a broader market.


2019 ◽  
Vol 9 (2) ◽  
pp. 99-109
Author(s):  
Fauziyah Fauziyah ◽  
Muhammad Rijalus Sholihin

Indonesia is a big country, based on the Population Census data released by the Central Statistics Agency (BPS), the number of inhabitants in 2018 is not less than 260 million. This figure will continue to grow each year, projected in 2035 the number reached more than 300 million inhabitants. The existence and role of MSMEs (Micro, Small and Medium Enterprises) in supporting national economic activity, especially in addressing the problems of poverty, unemployment, inequality between sectors, is very important and strategic. Therefore, a strengthening of the economy of small and medium priority towards the creation of a solid economic fundamentals. However, in realizing the great potential, SMEs still face many problems, both internally and externally. The purpose of this study was to determine the extent of product variety, posting and updating, as well as keywords affect the increase in sales volume either partially or simultaneously. The method used in this penelitiaan is quantitative descriptive. The results of this study indicate that the product variety, posting and updating, as well as keywords affect the increase in sales volume either partially or simultaneously.


2020 ◽  
Vol 11 (2) ◽  
pp. 259-276
Author(s):  
Aslikhah

Micro, Small and Medium Enterprises (MSMEs) have an important and strategic role in national economic development. In addition to playing a role in economic growth and employment, MSMEs also play a role in distributing development resultsThe purpose of this research is to find out how the efforts to improve the welfare of MSMEs actors in Lawang sub-district through Mudharabah financing at Bank Syari'ah Mandiri KCP Lawang. The method used in this research is the qualitative method. The data collection technique is by observing, interviewing and documenting the stakeholders fram Bank Syariah Mandiri KCP Lawang, as well as MSMEs actors who receive mudharabah financing from BSM KCP Lawang.The results of this study indicate that mudharabah financing at Bank Syariah Mandiri KCP Lawang has a fairly central contribution in improving the welfare of micro and small business actors which is characterized by the presence of new business actors each year. This is a benchmark for the success of mudharabah financing products in the community and as a benchmark for the success of a banking product in increasing the productivity of financing products.


Author(s):  
Rashmi Sarda ◽  
Devi Baruah

In India micro, small and medium enterprises (MSMEs) play a vital role in the development of economy through their contribution to GDP, employment generation, regional development, export promotion, etc. Irrespective of the achievements of the small and medium enterprise (SME) sector, there are certain issues which eclipse desired growth. Availability of ample and timely credit at reasonable rate of interest is vital for the development of these sectors. There seems to be a gap between demand for and supply of the bank credit to SMEs. The delay in processing of credit and the rate of rejections discourage the borrowers from applying for credit. Hence, this article aims to analyse the discouragement faced by MSME loan applicants from the evidence of rejections and delays in advancing loans in Jorhat district in the state of Assam in India.


2022 ◽  
pp. 1052-1073
Author(s):  
Rafael Ignacio Pérez-Uribe ◽  
María Teresa Ramírez-Garzón

Based on the hypothesis that human resources management directly depends on a set of organizational components that are the core for SMEs sustainability, this chapter expands previous findings in the literature. Based on a multiple regression analysis and MMOM (modernization model for organization management) implementation in 246 Colombian SMEs (small and medium enterprises), the authors show that some organizational components explain and generate 64.86% of human resources management best practices.


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