Growth Of Micro, Small And Medium Enterprises Research Articles

Credit Access Towards MSMEs: An Investigation of Banker’s Perspectives

Micro, small and medium enterprises (MSMEs), which are business activity units that run businesses in several fields, are vital for the economies of several countries. Credit access (CA) is regarded as an important matter for MSMEs’ growth in the development and sustainable growth of MSMEs. In the financial sectors, the government’s role via policies like augmenting MSMEs’ credit becomes completely significant. For evaluating CA towards MSMEs in Kerala, this study was developed. Analysing the challenges in accessing credit in MSMEs is the aim. For evaluating the outcomes, a simple random sampling methodology was deployed. In Kerala, the impact of credit knowledge was significant on MSMEs’ CA. As per the outcomes, a greater probability of augmenting loan access is engendered by the factor of challenges in attaining private equity funding and high lending interest rate.

Sinergity of Village Owned Enterprises and MSMEs in Upgrading Daergic Potentials: Study on Sido Makmur Village, Getasan Village, Getasan District, Semarang Regency

Getasan Village has strategic potential and sufficient resources to advance Micro, Small and Medium Enterprises (MSMEs). The village's vision and mission, enshrined in Village Regulation No. 2/2019, focuses on the development of MSMEs. Although most MSMEs in the village still operate on a small and home-based scale, they remain a pillar of the local economy. However, challenges such as limited capital, lack of management knowledge, less supportive infrastructure, as well as limited market access hinder the growth of MSMEs. To address this, Village-Owned Enterprises (BUM Desa) are considered a potential solution. Law No. 6/2014 on Villages provides a legal foundation for the establishment of BUM Desa. With the synergy between BUM Desa and MSMEs, local economic potential can be maximized. The research used participatory observation methods and a qualitative approach. The results show several patterns of effective synergy between BUM Desa and MSMEs, such as capital strengthening, infrastructure development, skills training, and joint promotion. These measures are expected to improve the competitiveness and growth of MSMEs and provide positive impacts for the government and community. The formulation of BUM Desa's strategy in utilizing local economic potential and mobilizing MSMEs is also detailed to provide direction for further development.

The Impact of Macroeconomics on Advancing MSME Development in Indonesia

Micro, Small and Medium Enterprises (MSMEs) contribute around 60% to Indonesia's Gross Domestic Product (GDP), playing a crucial role in economic development. MSME growth is the main focus, influenced by macroeconomic factors such as the BI Rate, inflation and exchange rate. This study uses secondary data from Bank Indonesia, BPS, and the Ministry of Cooperatives and Small and Medium Enterprises from 1997 to 2022. The quantitative analysis method using Eviews 10 shows that the BI Rate has a positive impact on the number of MSMEs but inflation and exchange rates have not. The conclusion of this study emphasizes the importance of appropriate policies to support the growth of the MSME sector and the economy as a whole.

Culinary MSME Business Development Model Post the COVID-19 Pandemic

The objective of this study is to examine the influence of distribution and digital marketing on the revenue and growth of culinary micro, small, and medium enterprises (MSMEs) in Jakarta. The research used quantitative research, and the sample consisted of 251 owners of MSMEs in the culinary sector in Jakarta. The data analyses were performed using the Structural Equation Model. The food distribution channel has a favorable and substantial influence on the revenue of MSMEs in Jakarta, however it does not directly impact on the growth and advancement of MSMEs. Food distribution routes have a notable indirect impact on growth. Digital marketing does not directly impact revenue, but it does have a beneficial influence on MSME's growth and expansion. The presence of operating revenue has a favorable influence on the growth and progress of MSMEs in Jakarta. The findings of this study are valuable for advancing the field of marketing science by providing insights for stakeholders, serving as input for culinary MSMEs, and enhancing understanding of the impact of food distribution and digital marketing on MSMEs' revenue and business growth. Consequently, MSMEs can adopt more effective business strategies and improve product sales. This study thoroughly investigates the direct and indirect impact of food distribution channels and digital marketing on the revenue and growth of MSMEs. This research is unique because it employs second-order confirmatory models, which address gaps in earlier studies that mostly focused on testing direct effects.

Unlocking Economic Landscape: Understanding the Dynamics of Financial Challenges, Business Traits, Financial Resources, Growth Phases, Financial Accessibility, and MSME Performance

Ease of access to finance serves as a driving force for the development of entrepreneurship. Entrepreneurship, in turn, has the capability to stimulate the creation of new employment opportunities. Sound financial access is crucial for supporting the sustainability and growth of the Micro, Small, and Medium Enterprises (MSMEs) sector. The objective of this research is to delve deeper into the challenges faced by MSMEs in accessing finance and analyze its influence on the business performance of MSMEs. The survey for this research was conducted on 324 MSMEs in the South Sumatra Province. The sample selected used the quota sampling technique. The research framework was developed and tested using a Structural Equation Model (SEM). The research findings indicate that business traits, financial resources, and growth phases of MSMEs have a significantly positive impact on financial access, while financial challenges have a negative impact that hinders the growth of MSMEs and affects overall MSME Performance.

An Examination of the Impact of Using Marketplaces to Promote the Growth of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia

Marketplaces have become a critical component in the development of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia. The availability of a marketplace platform has a substantial impact on MSMEs' growth. The purpose of this study is to assess the impact of marketplaces on the growth of MSMEs by taking into account the elements that influence their integration into the digital ecosystem. The quantitative methodology was utilized to collect data from MSME traders who used the marketplace to market their items. The marketplace's presence has greatly enhanced sales and had a favorable impact on their business operations. Market access is open from Sabang to Merauke thanks to the information technology network. This data is evaluated statistically to determine the association between market presence and MSME business growth. The findings of this study can help MSMEs gain a better understanding of how to use marketplaces to boost exposure, sales, and overall growth. The practical ramifications of this research are supposed to assist MSME owners in developing marketing strategies for their products and services via marketplace platforms. This research will also contribute to scholarly literature on the development of MSMEs in the digital era.

Utilization of Digital Marketplaces in a Strategy to Increase the Probability of Market Access for Risol MSMEs in Bekasi

The Micro, Small and Medium Enterprises (MSME) sector has a significant role in contributing to Gross Domestic Product (GDP). Even though almost all individuals are now involved in online activities or using mobile devices, the majority of MSMEs still rely on conventional marketing methods. Lack of understanding of digitalization trends is a major obstacle. This research aims to provide assistance, increase knowledge and implement digital marketing to support the growth of MSMEs. It is hoped that this approach can provide relevant information and increase MSME income, overcome digital barriers, and optimize market potential. The implementation of digital marketing strategies is expected to increase the competitiveness of MSMEs in an increasingly digitalized business ecosystem.

Optimasi Ekonomi Berkelanjutan UMKM Kelurahan Gunung Anyar Tambak melalui Sosialisasi dan Pendampingan Sertifikasi Halal

Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in the local economic growth in the Gunung Anyar Tambak Village. Halal certification plays an important role in maintaining business sustainability, increasing market access, competitiveness, product value added, as well as obtaining financing and government support. However, many MSMEs in Gunung Anyar Tambak Village do not yet have halal certification for their food products. This activity aims to increase understanding and mentoring as an effort to optimize sustainable economic growth of MSMEs. Halal certification also supports the SDGs goal number 8 on sustainable economic growth. With halal certification mentoring, it is hoped that MSMEs can improve competitiveness, reach more marketers, and contribute to inclusive and sustainable economic growth.

Distribution and Delivery Model on E-Commerce Service for MSMEs

This research aims to develop an e-commerce service application model for Micro, Small, and Medium Enterprises (MSMEs) that facilitates the sale of MSME products online. The application model allows MSMEs to expand market reach and sell products more efficiently through the internet. In this application, data about customer locations, product locations, and information about available road networks are collected and entered into the system. Furthermore, using Dijkstra's method, the shortest route from the initial location or distribution point to the customer can be calculated automatically by considering factors such as distance, time, and transportation that may affect the speed of delivery. The MSMEs e-commerce service application model can optimize distribution and delivery with the aim of increasing the competitiveness and growth of MSMEs in the digital era. The results obtained in this study provide guidance and contributions in the development of a sustainable e-commerce system for MSMEs.

Perancangan UMKM Keripik Kentang Mustofa Berbasis Teknologi di Lingkungan PKK RT.004 RW.008 Griya Alam Sentosa-Cileungsi-Bogor

Community Service (PKM) Summary: Empowering Technology-Based Small and Medium Enterprises (SMEs). This Community Service (PKM) aims to enhance the economic empowerment of Micro, Small, and Medium Enterprises (MSMEs) in the PKK RT.004 RW.008 Griya Alam Sentosa-Cileungsi-Bogor community. The project, titled designing Mustopa Potato Chips SMEs Based on Technology, is conducted by the Entrepreneurship/Business Energy Program at IT-PLN. Utilizing a descriptive statistical approach, we assess the training's effectiveness, including participant profiles, feedback, and outcomes. The results encompass increased entrepreneurial design knowledge and assistance in developing technology-based businesses for MSME players. This initiative supports MSME growth and strengthens the relationship between IT-PLN and the community.

Business Management Training in Improving Culinary Msme Enterprises

The number of Micro, Small and Medium Enterprises (MSMEs) is a large part of the economic implementation in totality. However, the growth of MSMEs related to technological advances is still not in line with expectations. The proportion of MSMEs that use online sales is still low. This is caused by many MSMEs who do not understand the technical procedures for online sales. The purpose of this activity is to develop MSME expertise in universal management, digital marketing and financial recording. The development and improvement carried out is in the form of developing skills in making marketing planning, digital marketing and understanding financial records so that they can be useful in developing businesses that will be run in the future. The training participants were 34 micro-enterprises, most of which were culinary businesses that were given the management training they needed. The result obtained from this activity is the occurrence of culinary fostered partners who are more advanced in managing and selling products online.

PERAN PEMERINTAH DESA DALAM MENINGKATKAN PERKEMBANGAN UMKM MASYARAKAT DESA GEDE PANGRANGO KECAMATAN KADUDAMPIT KABUPATEN SUKABUMI

This study aims to analyze and describe the role played by the local government in the development of Micro, small and Medium Enterprises (MSMEs) in the area of Gede Pangrango Village, Kadudampit Disrict,Sukabumi Regency. MSMEs have an important role in the local and national economiy, as well as in creating jobs and increasing people’s income. Local governments have a significant role in providing support, regulation and facilitation for MSMEs growth. This research will analyze various policies, programs and initiatives taken by the regional government of Gede Pangrango village to support MSME development.

Analysis of the Effect of Tax Rates and Understanding of Taxation on MSME Taxpayer Compliance in Lamongan Regency

MSMEs are one sector that has the potential to contribute to state tax revenues. This research aimed to examine the influence of tax rates and tax understanding on the level of taxpayer compliance in Micro, Small and Medium Enterprises (MSMEs) in the Lamongan Regency. Through a survey approach using a questionnaire, primary data was got from MSME owners as a research sample of 94 respondents. The results could provide a deeper understanding of the factors that influence tax compliance among MSMEs, especially in the Lamongan Regency. Regression analysis was used to test the relationship between tax rate variables, tax understanding, and the level of tax compliance. The results could provide a deeper understanding of the factors that influence tax compliance among MSMEs simultaneously or partially, especially in the Lamongan Regency. The implication of these findings was the importance of managing proportional tax rates and effective tax counseling to encourage MSME taxpayer compliance in the Lamongan Regency. This research contributed to further understanding of tax factors that could form a better tax environment for MSME growth and Regional Tax revenues.

The Influence of Community Support on the Sustainability of MSMEs in the Digital Era

With the advancement of technology and internet penetration, the Micro, Small, and Medium Enterprises (MSMEs) sector has undergone significant changes. The digital era presents new opportunities and challenges for MSMEs, enabling them to leverage technology to enhance productivity, marketing, and market access. This research aims to contribute additional insights to the existing literature, focusing on the sustainability of MSMEs amidst the dynamics of the digital era. The study adopts a qualitative approach with an emphasis on literature review, drawing data from Google Scholar during the period 2009 to 2023. The findings indicate that community support plays a crucial role in maintaining the sustainability of Micro, Small, and Medium Enterprises (MSMEs) in the digital era. Awareness of the importance of local products, financial support through investment and crowdfunding, and social support in the form of promotion and active participation form a strong foundation for MSME growth. The strong bond between MSMEs and the community creates an environment in which MSMEs can develop and compete effectively in the dynamic digital market.

Fostering Economic Resilience in Pangkalpinang: A Qualitative Investigation into MSME Development Strategies

Micro, small and medium enterprises (MSMEs) have a significant role in the economies of developing countries. After the Covid-19 pandemic, the transformation of MSMEs needs to be strengthened through optimizing the use of digital technology. MSME development is carried out through the pillars of corporatization, capacity building, and financing policies, in order to create productive, innovative, and adaptive MSMEs. The number of cooperatives and MSMEs in Pangkalpinang City in 2022 will reach 23,119 MSMEs and is the largest sector in absorbing labor in Pangkalpinang City. Optimizing the role of MSMEs as the backbone of the economy will continue to be directed at efforts to increase productivity and inclusive regional economic growth, through adaptation to digital changes. This study is a strategic step in developing cooperatives and SMEs to increase regional economic growth to provide answers to current problems. The data used in this study are qualitative data and quantitative data. Data collection techniques are questionnaires, interviews and documentation. This study uses fishbone diagram analysis and SWOT analysis. The results of this study are that MSMEs in Pangkalpinang City are in quadrant I position. This means that MSMEs are advised to carry out an aggressive strategy by using internal strengths to take advantage of external opportunities to achieve increased MSME growth. Weak elements of the marketing strategy for Cooperatives and MSMEs in Pangkalpinang City are caused by weak digital marketing factors, product innovation, and partnerships with market places, startups, and others

Introduction Of MSME (Micro, Small and Medium Enterprises) Products to Increase Selling Competitiveness at The Level 3 Seuhaaah Festival Event At Paris Van Java Mall

MSMEs (micro, small and medium enterprises) are the main drivers of the Indonesian economy which are now excellent in increasing employment The government in various sectors also helps the development of MSMEs, one of which is by providing KUR (People's Business Credit) loan facilities intended for MSMEs. Now MSMEs are very easy to recognize with various technological advances, one of which is social media which provides one way of promotion attractively. Wikaorganizer invites MSMEs to participate in celebrating the Level 3 Sehaaah Festival which will be held in Paris Van Java in collaboration with BJB held a flash sale in order to celebrate the right one on August 17 and gave vouchers for Rp.17,-. The Community Service program aims to provide education and invite MSMEs to introduce their products to increase their selling competitiveness during the Level 3 Seuhaaah Festival at Paris Van Java Mall. MSME owners were given the opportunity to participate in the event and try to compete with other business units in selling their products. During the Seuhaaah Level 3 Festival, MSMEs could attract consumer attention through creative and attractive product exhibitions. In this case, effective promotion and strong branding are key factors. In addition, participating in events like this allows MSMEs to build a wider business network, including with potential buyers and business partners. In this program, MSMEs can experience real benefits in increasing their sales competitiveness through participation in the Level 3 Seuhaaah Festival event. Therefore, increasing support and promotion of similar events can be an effective strategy in supporting the growth of MSMEs and the local economy as a whole.

ERP-Based Management Information System for MSMEs in Indonesia: A Systematic Literature Review

This study is a systematic literature review on ERP-Based Management Information Systems for MSMEs (Micro, Small and Medium Enterprises) in Indonesia. Through an analysis of previous studies, the findings show that the use of ERP can integrate various business functions in one integrated system, automate business processes, and provide fast access to real-time information, thereby increasing the operational efficiency and productivity of MSMEs. The research method in this paper is carried out systematically, starting with identifying research questions and determining the paper's contribution. Furthermore, a search strategy was carried out, selecting relevant and quality documents and extracting data to produce output in this study. The results show that ERP provides integrated data access, enables better and more informed decision-making, and helps plan business growth better. Although ERP adoption requires initial investment and wise management, the use of ERP has proven to impact the competitiveness and growth of MSMEs in Indonesia positively. This study will provide an in-depth understanding of the ERP-Based Management Information System and contribute to developing strategies and policies that support the growth and sustainability of the MSME sector in Indonesia.

DOES PERFORMANCE IMPROVE SUSTAINABILITY? EMPIRICAL RESEARCH ON INDONESIAN MSMEs

Micro, Small, and Medium Enterprises (MSMEs) are business sectors known to play an essential role in the economic growth of a country, especially in Indonesia. In this context, the creative industry is one of the fastest-growing business sectors and the promotion of sustainable economic development is evident in the government's active support for improving the growth of MSMEs. Therefore, this study analyzes the impact of financial literacy and market orientation on the MSMEs performance and sustainability. The sample includes 95 respondents occupying the roles of owners or managers in the creative industry of Yogyakarta Province. The results show that financial literacy and market orientation positively impact performance and sustainability. The performance of MSMEs influences business sustainability but financial literacy has no significant impact. Therefore, the implications show the indispensable need for governmental assistance in improving the knowledge base of MSMEs owners concerning financial literacy and market orientation.

The Development of West Java MSMEs as A Form of Economic Defense: An Analysis with Forecasting Methods

The growth of Micro, Small, and Medium Enterprises (MSMEs) plays an increasingly vital role in driving local economies and supporting economic resilience in a region. This research aims to analyze and forecast the growth rate of MSMEs in the Bogor District, Sukabumi District, Garut District, Bandung District, and Cianjur District over the next 5 years using a forecasting method. Forecasting is an analytical approach that utilizes historical data to predict trends and patterns that may occur in the future. In the context of this study, historical data encompass various factors influencing MSME growth, such as the number of MSMEs, investments, government support, regulatory changes, as well as other external factors. This analysis employs various forecasting techniques, including statistical and machine learning methods, to generate accurate predictions. The outcomes of this research are expected to provide a deeper understanding of the key factors influencing MSME growth in these five districts and offer valuable insights for policymakers and stakeholders. Additionally, this research aims to make a significant contribution to the strategic planning of sustainable MSME development in the Bogor District, Sukabumi District, Garut District, Bandung District, and Cianjur District. With a better understanding of the dynamics of MSME growth, more effective steps can be identified to support local economic development.

Culinary Creations for the Development of MSMEs in Creating Traditional West Cikalong Foods and Drinks

This article explores the pivotal role of traditional culinary arts in fostering the development of Micro, Small, and Medium Enterprises (MSMEs) in West Cikalong. Emphasizing community involvement, it delves into how local food and drink specialties serve as a catalyst for economic growth and social enrichment. The study highlights the diverse culinary heritage of West Cikalong, underscoring the potential of indigenous food and drinks for commercial success. It examines the initiatives aimed at skill development, focusing on traditional cooking techniques and recipes, and how these bolster MSME growth. The article addresses the challenges in preserving authenticity and competing in the market, while recognizing opportunities for innovation and expansion. Incorporating case studies, it showcases successful local MSMEs that have made significant community impacts through culinary endeavors. Furthermore, the role of culinary tourism in enhancing local economic stability and MSME development is discussed. This study underscores the synergy between culinary heritage and economic development, advocating for the integration of traditional culinary practices into MSME strategies as a means for community empowerment and sustainable development in West Cikalong.