Abstract

The purpose of this study was to determine the factors of the undeveloped economic democracy based on the strategic advantages of the city in Lampung Province. The benefits of this research are expected to be able to develop and improve the community's economy based on the future local strategic potential.This research was conducted at the Industrial and Trade SKPD, Cooperatives and SMEs in fifteen (15) districts and cities in Lampung Province, including Bandar Lampung, Metro City, South Lampung, Pesawaran, Pringsewu Regency, Tanggamus Regency, Central Lampung Regency, North Lampung. , East Lampung, Tulang Bawang Regency, West Tulang Bawang Regency, Mesuji Regency, Waykanan Regency, West Lampung Regency, and West Coast Regency with a total sample of 270 respondents.The data collection method uses the survey method. The analysis technique used is SEM (Structural Equation Modeling). The test results show that the relationship between Economic Democracy on Local Economic Potential has a positive relationship and significant impact on Local Economic Potential. Keywords : Economic democracy, The potential of the local economy, Structural equation modeling DOI : 10.7176/JESD/10-16-02 Publication date : August 31 st 2019

Highlights

  • Today's popular economic empowerment that is urgently needed in the future must continue to be developed and improved as the backbone of the nation's economy

  • 5.1 Conclusion Based on the results of an analysis of the people's economy of local economic potential can be concluded as follows; 1

  • Province is that MSMEs do not yet have superior Commodities so that they do not experience development of the people's economy

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Summary

Introduction

Today's popular economic empowerment that is urgently needed in the future must continue to be developed and improved as the backbone of the nation's economy. This can be done by exploring the strategic potential of an area to build community independence based on local expertise. An economy based on the strength of the people's economy, where the economic activity or work is to independently manage economic resources that can be cultivated and mastered, hereinafter referred to as micro, small and medium enterprises (MSMEs) including agriculture, animal husbandry, crafts, food, tourism, etc. The government is less than optimal in providing assistance for the development of Micro, Small and Medium Enterprises (MSMEs). The inhibiting factor is inadequate or damaged infrastructure, less than the maximum

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