scholarly journals Establishing an Autonomous Village through Bumdes (Village-Owned Enterprise) to Enhance Local Economic Activity

Author(s):  
Imam Mukhlis ◽  
Magistyo Purboyo Priambodo ◽  
Ahmad Fawaiq Suwanan ◽  
Isnawati Hidayah

Rural development has become major focus in Indonesia’s development plan. Especially in term of village development which aimed to build self-reliance, to increase socio-economic capacity, and to empower the community. One of the government’s missions is to develop rural areas by optimizing the economic potential of a village to increase its productivity and the diversity of existing businesses. Furthermore, to improve the availability of infrastructure and facilities, to support the rural economy institutions, to support the production effectivity and marketing strategy in order to improve the economic growth. This study aims to explore the role of BUMDES in Jongbiru Village, Kediri Regency, East Java Province, Indonesia in order to optimise the local economic potential. This study used a descriptive qualitative approach which conducted in Jongbiru Village, Gampengrejo, Kediri Regency. The data collection used in-depth interviews with key informants, documentation, and observations on the research subjects. The key informants included in this research such as the chief of village, BUMDES Manager, and business actors in Jongbiru Village. Moreover, this research used source triangulation to make sure all data collected is valid and reliable. The findings show that intervention is needed to create a BUMDES that plays more effective roles on supporting village development. Moreover, community participation (i.e.: small medium enterprises owner) is crucial to develop the welfare of local. Further, last but not least, measurable and feasible planning are needed to support a village to be resilient and autonomous.

2018 ◽  
Vol 6 (1) ◽  
pp. 20
Author(s):  
Ita Rakhmawati

Small medium enterprises is one of the perpetrators of the economic potential in Indonesia, both in terms of number and its contribution to the national economy. This event will be based on research by the large number of potential young entrepreneurs for small medium enterprises that develop among the students of business management Course Shari'a. However, the potential of encountering problems one is difficult because of the limited structure and capability still managing their finances. The purpose of this research is to know the financial competency mapping and owned by small medium enterprises run by young entrepreneur. Further based on the database used to compile the proper accounting training design. Primary data obtained from in-depth interviews, questionnaires and observation directly. Financial competence that is owned by young entrepreneurs for small medium enterprises can be seen from the source variable capitalization, turnover, business profits and the ability of the application of accounting in the form of presentation of the financial statements. The results showed that most small medium enterprises have difficulty in the sector as well as a good amount of capitalization capital structure. small medium enterprises operational views of the turnover and operating income showed a fairly progressive conditions for businessmen beginners. While the ability of drawing up financial statements still minimal, more that just make a simple cash flow report


Author(s):  
Innocent Ngare

World Economy today depends on business investments that are propelled by Green technology, innovations and entrepreneurial activities. In recent years, developing economies in Asia, Africa and Latin America have embarked on easy capital access to Small Medium Enterprises (SMEs) to facilitate their economic growth. Kenya is among the Middle Level Income Countries that have gained global recognition through entrepreneurial innovations. In this study we assess the role of entrepreneurship towards poverty alleviation in Kenya. The objectives of the study were: to evaluate the role of entrepreneurship in poverty alleviation in Kenya; to identify entrepreneurship innovations and their economic contribution in Kenya and to determine the significance of entrepreneurship to Kenyan economy. Methodology of study took a parametric approach through pure desktop studies on entrepreneurship cases in Kenya. Success case studies of entrepreneurial innovations like M-pesa, M-soko and Uwezo Fund initiatives were assessed. The paper notes that activities undertaken in each of these case studies have made great contributions to poverty alleviation and economic development in both urban and rural areas of Kenya.


Author(s):  
Paolo Bongarzoni

The effects of the EU measures and the financial crisis limited the potential growth of the Italian small medium enterprises (in term of loss of productivity, increase of unemployment rate, and decrease of customers purchase power). Together with these two factors, the Italian economic system competitiveness (whose backbone is represented by the SMEs) was negatively affected by the “digital disruption.” The purpose of this article is to critically analyse the main causes of this competitiveness loss for Italian SMEs and the role of strategy consultants in helping them to improve their results and their presence in local and international markets. Leveraging on their past industry/service line experience and massive investment in digital transformation (e.g., acquisitions of IT companies, alliances, specialization in software/tools, and internal reorganization), strategy consultants are able to assess, suggest, and implement their clients' digital strategy.


2014 ◽  
Vol 6 (2) ◽  
pp. 109-114
Author(s):  
Wen-Chia Tsai

Entrepreneurship with organization setting has been conceptualized in a variety of ways. Studies in this area remain broad and appear relatively fragmented. From previous literature reviews, we found that little attention has been paid toward the entrepreneurial management model with the starting-up phases of Small & Medium Enterprises (SMEs) in Taiwan. In view of this, the purpose of this study is to fill this gap in the literature by proposing a research framework that integrates both entrepreneurship literature and Small & Medium Enterprises (SMEs) literature. To address this problem, a new research method based on integrating cases study and in-depth interviews methods are also proposed. According to the results, the individual factor was the central part among the four contributing factors (reproduction, imitation, valorization, and venture). With respect to the six dimensions of entrepreneurship (strategic orientation, commitment to opportunity, commitment to resources, control over resources, management frame, and compensation philosophy), the enterprises interviewed in this research all set forth their perspectives. As for the four kinds of entrepreneurial status, there were four entrepreneurial imitation companies and two entrepreneurial venture companies in this research. To conclude, several propositions were proposed, and the results released that the individual factor was the crucial part among the four contributing factors. Research also examined the main dimensions of entrepreneurship for analyzing the theoretical basis.


2018 ◽  
Author(s):  
Kristiana Sri Utami ◽  
Nany Noor Kurniyati

Creative industries including its subsector handicraft, is very potential to be developed, because Indonesia is rich in culture heritage. Creative industries is largely related to a group of micro , small and medium enterprises which are mostly located in rural areas . Industry has entered the era of globalization which is rapidly developed, so that the role of UKM (small&medium enterprises) in handicraft as a part of the creative industries to achieve welfare society should be developed. The appropriate strategic planning will spur the development of this industry. Mendong craft is one of the creative industry subsector that exists in Sleman. Methods of analysis is using value chain and SWOT analysis. From the data, it is found that mendong craft is a cultured asset that deserve to be developed. Mendong, as the material for the weaved craft is an abundant local natural asset, but a lack of interest from the local community to develop this industry brings less quantity of product that is produced. This craft is still less touched so that it has limitation in creation/ design, production,commerlialization, and distribution. The reality is that the entrepreneurs are afraid to enter the global marked caused by anxiousness about the inability to fulfill demanded quantity.


2018 ◽  
Vol 20 (86) ◽  
pp. 39-43
Author(s):  
I. Kravtsiv ◽  
S. Tkach ◽  
I. Urban

The classification of rural areas according to the criteria that determine the effectiveness of marketing tools for managing their development is carried out. In particular, six main types of rural territories are distinguished, in contrast to the spatial, resource and social criteria of marketing provision of their economy. On this basis, the priority directions of development of marketing of each of these types of rural territories in the conditions of the modern challenges of European integration are revealed. The priority directions of application of marketing of rural territories for activation of social and economic development of rural territories of Ukraine. The article deals with the materials of scientific publications of Ukrainian and foreign scientists, who studied the marketing of rural areas as a means of improving the efficiency of the economy. Despite the significant contribution of scientists to the study of issues, there is an objective need to more fully disclose the peculiarities of the functioning of marketing rural areas. It has been studied that the development of rural areas of Ukraine in recent years is in the focus of increased attention of scientists. After all, the obvious depressive trends that are accompanied by a decrease in the human and social capital of the Ukrainian village have a direct destructive effect on the development of the entire economy of our state, especially in the long run. The article deals with the key tasks of marketing rural areas in the context of deepening the integration processes of European integration, which can include the formation of a positive image of each rural territory, both in the minds of its immediate residents and among potential investors and consumers of products; promotion of the economic potential of rural areas at the international level, as well as the direction of entrepreneurial activity in the implementation of strategic tasks aimed at long-term development of rural areas. It is grounded that quality rural marketing can not only increase the efficiency of using their socio-economic potential, but also stimulate the diversified development of the rural economy, ensuring their competitiveness is enhanced in conditions of increasing global competition for human and natural resources.


Author(s):  
Александр Семин ◽  
Aleksandr Semin ◽  
Т. Бухтиярова ◽  
T. Buhtiyarova ◽  
Юлия Немыкина ◽  
...  

Abstract. Introduction. Analytical study of the current state of rural areas allows us to identify a number of socio-economic problems: the low efficiency of the implementation of modern mechanisms and methods of state management of rural development, the lack of necessary methods to assess the effectiveness of their development. These problems dramatically increase the need to find approaches that can ensure the development of rural areas, vectors of sustainable development of agricultural enterprises of various forms of management. Qualitative improvement of the organizational and economic potential of rural development is objectively necessary in the overall system of solving the problems of management of spatial development of territories, the quality of life of the population. The purpose is to systematize features, conditions of formation of organizational and economic potential for development of vectors of improvement of management of social and economic development of rural territories. To achieve this goal, a list of the following tasks is defined: a review of a set of scientific approaches; determination of the directions of realization of possibilities of indicative approach in an assessment of efficiency; the organizational and economic mechanism of management of potential of rural territory. Methods. The paper uses generally recognized research methods: monographic review of various sources, abstract and logical generalization, economic and statistical, regulatory processes of formation and implementation of organizational and economic potential of rural areas. The scientific novelty of the work lies in the formulation and solution of the question of the need to determine and assess the quality characteristics of the potential of rural areas through the use of tools and mechanisms of an indicative approach. Results. An important condition for the implementation of an effective policy of organizational and economic potential of rural areas is a system of strategic measures and proposals to improve the competitiveness of the rural economy, improve the quality of life in rural areas. Management of rural development is based on the principles of regulation, the interaction of potential elements with the institutional environment. Summary. The monographic review of the literature allowed to systematize measures to improve the level of socio-economic stability; development of strategic programs for the development of rural areas with the definition of indicators of economic growth, indicators of improving the quality of life of the population; evaluation of options and opportunities for the transition to a new socio - economic situation of rural areas.


Author(s):  
Badal Chandra Das ◽  
Sebak Kumar Jana

Rural development implies both the economic betterment of the people living in rural areas as well as bringing out holistic development. Accordingly, government has made paradigm shift from individual-centric rural development support to creation of gainful self-employment as well as wage employment among rural masses. Entrepreneurship, in this direction, has become an important consideration. Economic growth of a region largely depends on the involvement of poor and marginal sections into the process of entrepreneurship development. Globally, a large number of unemployed youth and women are becoming self-employed through entrepreneurship and creating employment opportunities for others. Researchers have worked on women's empowerment, economic development, and their role on micro-credit movement. The work on role of women in sustainable development is very limited. This chapter has tried to analyse issues related to women entrepreneurships in light of sustainable rural development in India to meet the research gap in the current context of Indian rural economy.


2006 ◽  
Vol 19 (1) ◽  
pp. 29-48 ◽  
Author(s):  
Dianne H. B. Welsh ◽  
Peter Raven

The Middle East is a growing, lucrative marketplace that has recently captured the interest of the world for political as well as economic reasons due to the War in Iraq, which began in 2003. This exploratory study examines the relationship between retail small/medium enterprises (SMEs) that are family business owned, organizational commitment, and management and employee perceptions of customer service on a number of dimensions. The results suggest that managers and employees of family-owned businesses in the Middle East behave in ways similar to those in Western countries; however, there are differences, probably related to cultural characteristics. The Middle East is a richly diverse region, a myriad of unique cultures. As the market becomes more sophisticated, the importance of service quality increases. Global retailers can benefit from this study by better understanding the managers and employees in the region and the pivotal role of the family on business. Implications for practice are discussed.


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