Economic Business Research Articles

Efektivitas Kinerja Pendamping Desa Berdikari Dalam Melaksanakan Tugas Pendampingan Desa Di Kota Pariaman

Implementation of Law Number 6 of 2014 concerning Villages means that the government provides assistance with the assistance of professional assistants who are experienced in the field of community empowerment and village development. Against this background, the Pariaman City Government is recruiting village assistants called Berdikari Village Assistants. This research uses qualitative research. The data used are primary data and secondary data as well as data collection techniques in the form of interviews and observations. The results of this research conclude the main tasks and functions of independent village assistants as well as the effectiveness of the performance of independent village assistants in the Village Government and Pariaman City Government. This is related to the process of assisting villages through facilitating villages in development planning and community empowerment, assisting villages in implementing village development, assisting villages in village community empowerment activities, facilitating and increasing the capacity of community groups, facilitating the structuring and development of village economic institutions, facilitating promotion, the results of village economic and tourism businesses, including village creative economic efforts and development of marketing networks for village economic business results, facilitating the development of village entrepreneurship, assisting innovative village development programs, submitting program implementation reports to the independent village assistance coordinator, as well as other duties provided by the Pariaman City Government so that the existence of independent village assistants is more contributing and effective.

Towards a comprehensive analytical framework and future research agenda for research on sharing economy business models: thematic analyses approach

The sharing economy is considered to be an important pathway for economic growth, increasing employment and household income, and the transition toward sustainability in the twenty-first century. In spite of the widespread use of the sharing economy concept, the understanding varies, and there is disagreement about what constitutes an analytical framework of the sharing economy business model (SEBM). This research quantitatively analyzes and categorizes the fundamental elements of the current SEBM literature. A comprehensive analytical framework is presented, identifying three distinct segments of SEBM: (1) the knowledge of sharing economy (incl. innovation, new technologies, determinants, and ecosystems); (2) supplier-oriented studies (incl. hospitality-oriented, transportation-oriented, and other platforms and models); and (3) consumer-socioeconomic-sustainability-focused research (incl. consumption and customer satisfaction, collaborative consumption, sustainability, social effects, and economic growth). In addition to contributing to a better understanding of SEBM research, the framework has implications for SEBM development policy and practice. It can also be used as an instrument for evaluating business models. Furthermore, the paper identifies six key research directions for the post-COVID-19 era, covering the studies of determinants and ecosystems, emerging economies, new SEBMs, location- and culture-specific models, sustainability, and combined impacts on socioeconomics.

Social Proof and U.K. company profitability: A Case of Vichy

Purpose: The purpose of this study is to examine the relationship between social proof and a company's profitability, with a specific focus on the case of Vichy. Fear of Missing Out (F.O.M.O.) is a psychological phenomenon social proof trigger. The study emphasises the significance of social proofing, a marketing strategy that analyses consumer preferences and behaviours. Methodology: The research paradigm used in this study is positivism, with a deductive approach. The sample size is made up of fifty employees from the company. To achieve the best research results, both quantitative and qualitative research methods were used. In-depth interviews were conducted with two Vichy managers to understand better the use of social proof to boost company performance. Findings: The study demonstrates organisational growth and profitability through social proofing in a competitive business environment. As a result, it comprehends current organisational conditions and emphasises business expansion in the digital business economy. Furthermore, the ANOVA test indicates that there is an existence of a direct or indirect relationship between social proof and brand profitability. Study originality and implications: To attract customers and increase profits, U.K. skincare retailers widely use social proofs such as case studies, customer reviews, awards, and influencer marketing. Companies can easily reach their target audience by using this marketing technique. However, there has been little or no research in this area, particularly in a luxury brand like Vichy. As a result, the findings are highly original, with significant academic and organisational implications. Companies can use the findings to implement effective social-proof marketing strategies to increase profits.

EDUKASI DAN PENDAMPINGAN SERTIFIKAT HALAL SELF DECLARE PRODUK RENGGINANG UMKM DESA BANTARSARI

Certification education is an effort to increase business actors' knowledge about halal products. MSME actors are given an understanding of the product halal certification process. Halal certification is a series of processes that must be passed by business actors, both individuals and business entities in the form of legal entities or not legal entities to obtain halal certificates. Halal certificates are obtained through several stages of examination to prove that the raw materials, production process, and product halal assurance system at a company are in accordance with the standards set by LPPOM MUI.
 According to Law Number 20 of 2008 concerning Micro, Small and Medium Enterprises, it emphasizes that micro, small and medium enterprises (MSMEs) are productive economic businesses.
 Indonesia requires halal certification since October 17, 2019 with a maximum timeline of October 17, 2024 for food and beverage products. this means that after that date food products that do not have halal certification are prohibited from being traded. there are more than 7 MSMEs in bantarsari village, rancabungur subdistrict, bogor regency and the potential for business development. the types of businesses are generally micro, small and medium enterprises, including rengginang, renggining, guava sponge, guava dodol, banana chips, cassava chips, pickled guava and others. The target of this MSME is generally residents of RT. 005/006 and the people of bantarsari village.

The Student as the Customer, and the Faculty Dilemma

College and university faculty members today may be facing an identity crisis brought about by an unlikely cause, business economics. In the recent past, say, thirty years ago, college professors were held in the highest regard by peers and students, and recognized for their sagaciousness, wisdom, expertise, and contribution to the community. However, recent data shows that some professors nowadays feel expendable, as second-class citizens, and servants to their patrons, college students or so-called customers. By sheer nature of referring to the student as the customer conjures up the notion that professors work for the students and it is the professor’s job to make sure they are educated, yes, but mostly kept happy and committed to staying enrolled to meet university fiscal demands. Consequently, research shows that faculty members are attempting to reconcile the customer satisfaction of students with the rigor, scholarship, and professionalism expected from them by their university employers. In a new poll, faculty members described how they receive conflicting objectives from well-intended school leaders that simply cannot be done without the risk of losing their teaching position or losing dissatisfied students to the plethora of competing universities marketing themselves to a diminishing number of new student candidates. Therefore, customer satisfaction is apparently a key driver in determining whether faculty members are retained or retired, regardless of their reputation, tenure, or tenacity.

Sosialisasi pemanfaatan sistem informasi keuangan toko sembako bu Riya di Kelurahan Banyu Urip Surabaya

The grocery store business is currently very promising for entrepreneurs who are currently involved in the business economy. This business has many enthusiasts due to its unique concept with customers being free to choose the type of product they sell themselves. If you look at the competitors, there are quite a lot and each shop has its own advantages over the others. One of the differences that can be seen is on the management side, various variations or methods are used to increase productivity from the management side, which include recording existing product stock, calculating expenditure and calculating input. This will be the key to the success of management in carrying out processing because when these things are not done well it will result in the emergence of new problems. Therefore, the service activities carried out at the Bu Riya grocery store are to help with these problems using an approach method that includes planning, implementation and evaluation stages. The stages that have been carried out in planning are able to create a plan to resolve problems in stall management such as recording and the flow of money in and out. After that, the implementation method itself is implemented, namely by implementing what has been identified by creating a management application solution. From the entire series of activities carried out, a new management process was obtained by digitizing several aspects such as recording product stock and managing the flow of cash in and out. The digitalization that has been implemented is based on Android and significant results have been obtained, namely that operational shop management is able to use it well.

Assessment of Factors Affecting for Adoption of Agroforestry by Local Communities of Vaishali, Bihar, India

Agroforestry is considered one way to avoid deforestation to reduce CO2 emissions into the atmosphere and mitigate climate change. Deforestation is a serious problem in many developing countries, mainly due to subsistence and commercial agriculture. The present study complemented the secondary data related to Agroforestry schemes adoption with household surveys and key informant interviews to obtain evidence from farmers and promoters of the schemes on the factors affecting adoption the of agroforestry by the local community of Vaishali, Bihar. Based on data analysis and parameter estimates value, the three most important factors as Socio-Economic Level (Livestock, Income Level); External Unforeseen Factors (Protection from Wild Animals, Insects, Climate), and Economics of Business (Market Availability) impacting the Adoption of Agro-forestry Schemes (AAS) in Vaishali, Bihar.

Bright and dark sides of adopting a platform‐based sharing economy business model

The sharing economy is primarily a socio‐economic concept that is built upon organizations sharing resources between each other. It includes sharing a single platform by multiple organizations. These organizations can be rivals competing in the same marketplace. Often, organizations can share their employees, data, and other resources. Although there are multiple benefits in a platform‐based sharing economy business model, there are some ethical concerns, too. Limited studies have extensively investigated how adopting a platform‐based sharing economy business model could provide both opportunities and challenges impacting the intention of the organizations to adopt this model. From such a perspective, this study aims at an in‐depth investigation of employees' perceptions regarding the intention of adopting sharing economy models through which organizations could enjoy various benefits that overcome the risks. With the help of a resource‐based view with other theories and the extant literature, a conceptual model has been developed, which later has been validated using the PLS–SEM technique considering 376 responses from different organizations in India. This study has demonstrated how the benefits derived from adopting a platform‐based sharing economy business model overcome the risks involved and could motivate organizations to intend to adopt such a business model.

Exogenous crisis and the resilience of SMEs: exploring Open Innovation in the COVID-19 Pandemic

Open innovation is one of the most discussedthemes in managerial literature. However, there are still many questions that scholars have not yet answered. A research question of particular relevance today is: How can open Innovation help SMEs overcome and manage the economic crises caused by a pandemic? In 2020, a global coronavirus pandemic (COVID-19) emerged that has damaged several sectors, particularly by weakening the economy of small and medium-sized businesses. This paper addresses this issue by examining the literature available to date and provides a theoretical answer by investigating the influence of open innovation on the resilience of SMEs during the COVID-19 outbreak. The paper shows that several companies have leveraged open innovation to address the economic crisis caused by the pandemic. Moreover, open innovation can represent a winning strategy for SMEs in surviving extremely uncontrollable turbulences. A collaborative approach and an open mindset can be the right innovative strategy for SMEs to overcome a crisis caused by unpredictable exogenous factors.

Analysis of the Application of Problem-Based Learning to Improve Creative Thinking Abilities in Economic Business Student

The purpose of this research is to analyze the application of problem-based learning to improve creative thinking abilities in economics and business student. This research is classroom action research carried out at Medan City Private Universities in the odd semester 2023-2024. The informants in the research are 10 economics and business students at Medan City Private Universities in the odd semester 2023-2024. Data analysis in this research uses qualitative descriptive. The steps for implementing this research consist of planning, implementation, observation, and reflection. The research results show that problem-based learning can improve creative thinking abilities in economics and business student at Medan City Private Universities in the odd semester 2023-2024.

Analysis of Financial Feasibility and Business Economics Manalagi Mango Cultivation

The assessment of the feasibility of Manalagi Mango cultivation in Mertani Village, Karanggeneng District, Lamongan Regency, and the analysis of the sensitivity of this cultivation to increased production costs, decreased production, and reduced output prices are the main objectives of this study. The study was conducted in Mertani Village, Karanggeneng District, Lamongan Regency, using a census approach encompassing all populations as respondents. Both primary and secondary data were employed, with data analysis involving quantitative metrics and sensitivity rate analysis using a 15% discount factor. Qualitative descriptive analysis was utilized to evaluate technical cultivation aspects and market factors. Data collection occurred in March 2021. The findings revealed that intensive Manalagi Mango cultivation in the area was financially feasible, with a Gross Benefit Cost Ratio of 4.7, Net Benefit Cost Ratio of 9.94, NPV of IDR 278,880,609, and an IRR of 35%. Additionally, the study demonstrated the resilience of mango cultivation to potential challenges, including a 10% increase in production costs, a 25% decrease in production, or a 10% reduction in output prices, highlighting its feasibility and profitability. The study also noted the favorable climate and rainfall conditions for Manalagi mangoes, though technological adoption among farmers remained limited. Despite variances in sales compared to other crops, the mango cultivation business in Mertani Village remains promising.

Implementation of The Chili Commodity Agricultural Financing Program at Islamic Boarding Schools

Islamic boarding schools, in general, tend to have a low level of independence, even though they have resources that can be utilized to increase their independence. The Bank Indonesia Social Program (PSBI) is strategically provided to Islamic boarding schools for economic development with chili commodities. Bank Indonesia collaborated with the Islamic Boarding School Business Economic Association (Hebitren) in its distribution, appointing the Al-Ittifaq Islamic Boarding School as an off-taker and buyer. This research aims to analyze the performance of PSBI for beneficiaries. This research was conducted in Bandung Regency and Garut Regency according to the location of the Al-Ittifaq Islamic Boarding School network, which received funding grants for chili development. The research technique used a census of 6 Islamic boarding schools. Data analysis used Importance Performance Analysis (IPA), which aims to analyze the performance of a program. The science results obtained criteria in quadrant one, which means these criteria have high expectations but low performance, so performance needs to be increased to balance high expectations. Then, we get the criteria in quadrant 2, which means that the criteria tend to have high expectations and performance. Hence, they must be maintained to maintain the quality of program implementation.

Analysis of the Millennial Generation's Perspective Becoming Young Entrepreneurs during the Covid-19 Pandemic

Previous research related to millennials who are interested in becoming young entrepreneurs, can be an interesting study, especially during the covid 19 pandemic. The research objectives are: 1. To find out the millennial generation's perspective on young entrepreneurs, 2. To identify the factors that influence the millennial generation to be young entrepreneurs and 3. To find out the form of productive economic business opportunities created by the millennial generations. This research is a qualitative type using a literature study approach. Scientific reference sources are taken from various sources that are relevant to the theme of the research carried out as well as from various reference books as a reference for the theory taken. The results showed that the millennial generation's perspective on young entrepreneurs during the current covid 19 pandemic, responded very positively, where the millennial generation who updated digital technology, and made technology a part of their lives, felt they had a greater opportunity to become a young entrepreneur.

Praktik Black Market Pada Transaksi Iphone Ex-Inter Ditinjau Dari Hukum Perlindungan Konsumen

Small-scale retail is an economic business that stands alone with capital and is carried out by people who sell Consumer legal protection for the community is very important. Therefore, a synergistic relationship between consumers, employers and the government is needed to realize the performance of customer safety in society. The reason of writing on this thesis includes a standard objective, particularly to meet one of the necessities and duties of finishing a examine to gain a Bachelor of Laws diploma on the Faculty of Law, Udayana University and a particular objective, particularly to recognize and recognize the shape of criminal safety for purchasers in shopping for and promoting transactions of iPhone ex-inter. experiencing IMEI blocking. The approach utilized in scripting this thesis is a normative juridical writing approach that applies the ideas of fantastic law, in scripting this thesis numerous procedures are used, particularly the statutory method and the conceptual method. The conclusions drawn from this writing are First, the shape of criminal safety that may be acquired with the aid of using purchasers is that it is able to be withinside the shape of preventive criminal safety according with Article four of the Consumer Protection Act which regulates customer rights and is achieved earlier than a contravention occurs.

Optimal investment policy in sharing and standalone economy for solar PV panel under operational cost

The transition to sustainable energy sources, driven by the need to address climate change and resource depletion, has led to the increasing adoption of renewable energy technologies. Among these sustainable alternatives, solar energy stands out prominently. Harnessing the power of the sun aligns with various Sustainable Development Goals (SDGs) by providing clean and affordable energy, promoting climate action, and supporting sustainable communities. Solar PV panels face challenges despite their advantages, including susceptibility to natural disruptions like hurricanes, hailstorms and extreme temperatures. In 2019, the solar energy sector experienced a stark contrast in losses, with average solar losses resulting from conventional natural disasters or severe weather conditions being nearly 24 times higher than the average losses unrelated to weather events. Furthermore, a significant 70% of solar losses within the past decade have emerged since 2017. Similarly, in 2019 hail storm damaged more than 400,000 solar panels and caused insurance losses totaling $70 million in Texas. The research addresses the effect of natural disruptions on investment decisions. It explores the viability of a sharing economy business model that allows multiple participants to collectively invest in solar PV systems and share the benefits to ensure the future expansion of solar PV installations. The study formulates the problem as a game theory model to strategize and find optimal solutions for both the standalone economy and sharing economy scenarios, considering operational costs, net metering and the unpredictability of natural disasters. By providing valuable insights into the dynamics of the PV market with the help of computational results, the research aims to enhance the resilience of solar installations and promote sustainable energy practices. Through this work, individuals and communities can make informed investment decisions, contributing to a cleaner, greener and more sustainable world.

Sharing Economy Practices in Changing Business Environment: Transaction Cost, Resource-Linking, and Hypercompetition Perspectives

Digital business is a phenomenon that is closely related to sharing economy business in pursuit of new entrepreneurial opportunities in Indonesia. This article aims to analyze the changing business environment because of the disruption from sharing economy practices, as well as analyze the competitive dynamics between the disruptors. The results show that sharing economy practices can change the business environment through differences in transaction costs within the cost structure and by capturing opportunities beyond the existing market through resource-linking strategies. The comparison study of Go-Jek, Grab, and Uber shows that the growth trajectory of sharing economy startups can be triggered by hypercompetition among them as the market leader.

ปัจจัยที่สัมพันธ์กับความต้องการเป็นผู้ประกอบการในธุรกิจคหกรรมศาสตร์ของนักศึกษาคณะเทคโนโลยีคหกรรมศาสตร์ มหาวิทยาลัยเทคโนโลยีราชมงคลพระนคร

The purposes of this research were to 1) To study the need of the demand for entrepreneurs in home economics business students, from the Faculty of Home Economics Technology and 2) To survey the relationship between the personal factor and supportive factor and the demand of entrepreneurs in home economics students, from the Faculty of Home Economics Technology, Rajamangala University of Technology Phra Nakorn. By giving queries and questionnaires to 180 Home Economics students from the Faculty of Home Economics Technology, Rajamangala University of Technology Phra Nakorn. The result was found that the demand for entrepreneurs in home economics students is at a high level, The personal factor consisted of gender, major of study and work experiences during the study period was not significantly related to the demand of entrepreneurs in home economics students. The supportive factor consisted of attitudes towards entrepreneurs and the management of teaching and learning, the correlation with the demand for entrepreneurs in home economics students at the 0.05 level. The knowledge about entrepreneurs was not significantly related to the demand of entrepreneurs in home economics students.

A Value Proposition Analysis of Emerging Circular Economy Business Models in the WEEE Sector

Due to the rapid economic growth, growing demand for high-tech products, and decreasing service life of products, global waste generation from the electrical and electronic equipment sector is increasing. From the environmental and economic perspective, the circular economy (CE) emphasizes e-waste prevention as it is one of the fastest-growing waste streams having both valuable and rare materials as well as toxic substances. It is common to manage electrical products at their end-of-life through circular practices however, knowledge and implementation of CE in the waste electrical and electronic equipment (WEEE) sector still need to be improved. End-of-life practices center on recycling, and the percentage of valuable resources recovered is low. There is a missing insight into the business opportunities for alternative end-of-life options such as reusing, repairing, and re-manufacturing that hold stakeholders from implementing circular strategies. To fill the gaps identified, we developed a research question for investigating and analyzing the services offered and the electrical products adaptable to CE business models (CEBMs) of young companies operating in the WEEE. This study aims to explore the business models (BMs) of circular practice-based business options such as buyers and sellers of used and refurbished electronic devices, information technology asset dispositions (ITADs) companies, and e-waste recyclers to enhance other researchers with a better understanding of business options toward end-of-life e-waste handling and emerging issues in this industry. We conduct a literature review on CEBMs in the WEEE and conduct a multiple-case analysis of 412 emerging circular companies in the WEEE selected from the Crunchbase database to explore their BMs. Key findings show that most young WEEE companies focus on IT and telecom equipment and consumer electronics. Emerging WEEE companies mostly involve asset management and e-waste Recycling service, followed by ITAD services, trade-in/buyback, and reselling of preowned and refurbished electrical devices service, and e-waste collection, recycling, and disposal service. These companies provide unique offerings such as information security, compliance, trustworthiness, convenience, quality, social responsibility, and charitable purpose. Studies in the future may explore other dimensions of these BMs to gain a comprehensive picture and support the design of CEBMs.

Pricing and operating strategies for products in the sharing economy

The sharing economy represents an emerging consumption mode in which the right to utilize products is obtained via transactions instead of conventional ownership exchange. Thus, the idle period of a product during its life cycle can be minimized to promote environmental protection. This study focuses on the business-to-consumers (B2C) business sharing model, in which products are possessed by a firm and there are general and green consumers in the market, and it investigates the optimal operation strategy for a firm in consideration of both self-operated and third-party sharing platforms. The results show that when both general and green consumers are in the market, adopting a sharing economy business model will dramatically elevate a firm's profits. Moreover, when there are more green consumers than general consumers in the market, firms should adopt a compound operation strategy with both self-operated and third-party platforms. Since consumers would rather obtain a product by sharing to lower product usage, firms can determine whether to adopt the sharing economy business model by determining market demand for a product.

Response to COVID-19: building resilience through water and wastewater management in Ghana

Abstract This study assessed the effects of COVID-19 on Ghana's WASH system. It focused on low-income households and WASH sector stakeholders using Ayawaso East Municipality as a case study to document lessons from the pandemic's impact on the WASH sector. We used the water and sanitation system approach to understand the effects of COVID-19 mitigation measures on the WASH system. Data were collected through surveys, stakeholder engagements, and document analysis. We found that the government's WASH response increased hygiene practices, solid and liquid waste generation, and water consumption. Sanitation service providers experienced reduced demands for their services, lost clients, and increased operational expenditure. The pandemic's impact is gendered, with women and girls experiencing a greater burden. We argue that responses to the pandemic highlight the need and opportunities for sustainable management of sanitation waste through integrated, circular economy business models, turning waste into valuable resources. Responses to COVID-19 in the WASH system are multisectoral because of its interconnected nature, highlighting the need to integrate sectors beyond water and sanitation. This requires improved institutional structures, policies, investment, and professionalising service providers.