Local Economy Research Articles

Selection Process Based on Advancing the Development of a Science and Technology Law System with Chinese Features

The significance of advancing socialist S&T legal system building with Chinese features is examined in this paper, along with the extensive effects it has on S&T innovation and economic growth. Against the backdrop of an increasingly competitive global scientific and technology landscape, China’s ability to innovate and achieve sustainable growth hinges on the establishment of an ideal science and technology legislative framework. This essay first examines the primary obstacles to China’s development of a science, technology, and innovation (S&T) legal system, including inadequate protection for intellectual property rights, a flawed process for transforming scientific and technological advancements, and an insufficient system for encouraging enterprise innovation. Then, this research presents a quantitative analysis model to optimize the path of science and technology legal building by applying the improved particle swarm optimization method (PSO). The model takes into account a wide range of variables, including the degree of intellectual property protection, the strength of legal backing, the pace at which scientific and technological advancements are transformed, etc. Through the analysis of simulation data, the model also confirms the promotion effect of the legal system construction on the quantity of patent applications, the success rate of innovation projects, the enterprise R&D expenditure, and the expansion of the local economy. The study’s findings demonstrate that bolstering the science and technology legal system can effectively encourage businesses to boost R&D investment and foster regional economic development in addition to greatly raising the quantity of patent applications and the success rate of innovation projects. The rigorous intellectual property protection laws and ideal legal framework for the conversion of accomplishments greatly boost the regional innovation vitality and economic efficiency, particularly in the case study of Zhongguancun in Beijing and East China. Moreover, adaptive weighting is used to enhance the PSO algorithm and optimize the development of science and technology legal system’s comprehensive performance index, thereby confirming the model’s viability and efficacy. The study’s findings offer theoretical justification and helpful advice for China’s development of a science and technology legal framework, which is crucial for fostering innovation in these fields and boosting the country’s competitiveness.

Analyzing Characteristics of Sales Velocity in General Industrial Complexes and Local Economy Growth using Self-Organizing Map

Analyzing Characteristics of Sales Velocity in General Industrial Complexes and Local Economy Growth using Self-Organizing Map

The Role of Religion in Policies of Legal Village-Owned Enterprises to Improve the Economic Rights of Village Communities

In the context of village development in Indonesia, BUM Desa is an important instrument for enhancing the economic welfare of village communities. However, many villages have not fully utilized the potential of BUM Desa due to the lack of integration between religious values and economic policies. Therefore, this study seeks to explore how the application of religious principles can influence BUM Desa policies and contribute to improving the economic rights of village communities. Data collection techniques included in-depth interviews with BUM Desa administrators, village officials, and local religious figures in several villages that have implemented religious-based policies in BUM Desa management and participatory observation, while data analysis was carried out through content analysis and thematic analysis methods to identify key themes in the data. The importance of understanding the relationship between religion and economic policies at the village level, especially in the context of BUM Desa, which have the potential to be the driving force of the local economy. This study involve how religious principles can be integrated into the legal framework for managing BUM Desa to ensure that the economic rights of village communities are fulfilled fairly and sustainably. This study shows that the integration of religious values into BUM Desa policies has significant potential to improve the economic rights of village communities. By prioritizing the principles of justice, shared welfare, and social responsibility rooted in religious teachings, BUM Desa can be more effective in achieving its economic and social goals. This study provides important insights for village policymakers in formulating inclusive and sustainable strategies to advance the village economy.

Strengthening Brand Image and Loyalty for The Domestic Market at The Apurva Kempinski Bali

Purpose: This research aims to engage the brand image and brand loyalty of The Apurva Kempinski Bali in the domestic market in the context of the COVID-19 pandemic. It concerns strategies adopted by the hotel to sustain its operations amidst changing market conditions. Research methods: Qualitative methods such as interviews and observations were used to understand the challenges faced by the tourism industry in Bali and to identify effective strategies employed by businesses like The Apurva Kempinski Bali. Quantitative methods, such as data analysis of reviews and social media engagement metrics, were used to assess the hotel's performance and customer satisfaction. Result and discussion: The COVID-19 pandemic significantly affected Bali's tourism industry, leading to a reliance on domestic tourists to sustain the local economy. The Apurva Kempinski Bali became popular among domestic tourists, emphasizing local expertise and showcasing Indonesia's cultural richness. Implications: The hotel received overwhelmingly positive reviews, indicating high satisfaction among guests, mainly domestic tourists. Active engagement on social media platforms and prompt responses to customer queries were identified as effective strategies for enhancing customer engagement and loyalty.

Building Sustainable Tourism and Strengthening Local Economies in Tourism Villages Through Homestay and Stakeholder Participation

This paper explores the role of diverse stakeholders in the sustainable development of homestays, emphasizing the critical importance of collaboration among various actors to achieve long-term success. Local governments play a crucial role by creating supportive regulations, providing essential infrastructure, and offering training for homestay operators on sustainable practices that can improve service quality and environmental responsibility. Homestay managers are essential for delivering quality services and implementing eco-friendly operations, such as effective waste management and energy conservation. Community involvement is equally vital, as residents can engage in managing homestays and offering local products, thereby ensuring that economic benefits reach a broader segment of the community. Additionally, tourism industry players, including travel agents, promote homestays to a larger audience, while NGOs contribute by educating communities about sustainable tourism practices and advocating for supportive policies. The findings suggest that a collaborative approach among stakeholders is essential for successful and sustainable homestay development, ultimately benefiting local economies and preserving the environment.

Improving Digital Literacy of Village Communities in Indonesia through Information Technology-Based Community Service Programs

This Community Service Program (PKM) aims to improve the digital Literacy of rural communities in Indonesia through information technology-based Training. This activity was conducted online and involved 50 participants with a varied basic understanding of digital technology. Interactive training methods using the Zoom application and mentoring via WhatsApp are carried out to ensure participants can understand and practice the training material, especially in social media and e-commerce. The Training results showed a significant improvement in the participants' abilities. Before the Training, only 20% of participants could use social media, and 15% could take advantage of e-commerce. After the Training, this figure increased to 85% and 70%, respectively. Although there are challenges in the form of limited internet access in some regions, the provision of materials that can be accessed offline helps participants in the learning process. This program increases digital Literacy and contributes to improving the local economy through digital marketing of village products. With positive results, this program can be replicated in other regions to empower the community through information technology. This study shows that the right digital training approach can significantly impact Literacy and economic empowerment in rural communities.

A Theoretical Discussion on the Flow of Tourist Population and the Development of Tourism Market in Heilongjiang Province

This paper deeply discusses the basic law of tourist population flow and its influence on the development of tourism market in Heilongjiang Province. Under the background of the vigorous development of global tourism, the flow of tourist population, as the core element of tourism activities, has an important impact on the prosperity and sustainable development of regional tourism market, such as seasonal, spatial distribution and interactive effects. Through the detailed analysis of Heilongjiang tourism market, this paper reveals the market size, resource characteristics, challenges and problems of this market under the action of tourist population flow. Further, this paper analyzes the dual impact of tourist population flow on Heilongjiang tourism market, including the positive effect of promoting local economy, cultural exchange and industrial development, and the negative effect of environmental pressure, over-exploitation of resources and decline of service quality. At the same time, this paper puts forward some strategic suggestions to promote the sustainable development of Heilongjiang tourism market, including rational planning of tourist population flow, strengthening the protection and development of tourism resources, promoting the development of smart tourism, and strengthening regional cooperation and linkage. These suggestions are intended to provide theoretical basis and practical guidance for the scientific planning and management of Heilongjiang's tourism market, and help it achieve long-term prosperity and sustainable development.

Sustainable public procurement for supply chain resilience and competitive advantage

Public procurement plays a crucial role in national economies, as it represents a significant share of public spending. Governments can thus use this considerable purchasing power to promote environmental sustainability, social responsibility, and economic efficiency, while encouraging the supplier market to innovate and adopt more sustainable practices to remain competitive, and to generate more resilient supply chains. Given the interdisciplinary nature of the subject of sustainable public procurement (SPP), the documentation is abundant and diverse, hence the need for an updated literature review especially in the aftermath of the COVID-19 crisis period. This article consists of a systematic literature review focusing on articles with an empirical approach. The results reveal, among other things, 8 main research themes subdivided into 19 sub-themes, with a dominance of literature on the obstacles and incentives related to the implementation of SPP, while those concerning e-procurement and the analysis of the social life cycle remain relatively limited. The study also underscores the role of local economies and SMEs in public procurement strategies. It highlights a trend towards geographical diversification, indicating the global significance of SPP, with noticeable differences in adoption between developed and developing countries. The review calls for future research to focus on developing practical frameworks and tools for integrating sustainability more comprehensively in public procurement. The findings illuminate the pivotal role of SPP as a mechanism steering societies towards a sustainable, resilient, and equitable future, particularly in a post-pandemic world.

THE ROLE OF REGIONAL RURAL BANKS (RRBs) IN RURAL DEVELOPMENT WITH SPECIAL REFERENCE TO PRATHMA BANK, UTTAR PRADESH

Rural development is a cornerstone of India's socio-economic progress, as a significant portion of the population resides in rural areas where agriculture and small enterprises drive the economy. Regional Rural Banks (RRBs), established to bridge the credit gap in these regions, play a crucial role in promoting financial inclusion, enhancing agricultural productivity, and fostering sustainable rural development. This paper examines the multifaceted contributions of RRBs, with a specific focus on Prathma Bank in Uttar Pradesh, which has emerged as a vital institution in the rural banking landscape. The research highlights how Prathma Bank has effectively catered to the financial needs of marginalized farmers, women entrepreneurs, and small business owners through innovative lending products and microfinance initiatives. By promoting self-help groups (SHGs) and providing access to essential financial services, Prathma Bank has empowered rural communities, improved livelihoods, and stimulated local economies. Furthermore, this study analyzes the challenges faced by Prathma Bank, including high levels of non-performing assets (NPAs), limited technological infrastructure, and the need for enhanced financial literacy among rural populations. It underscores the importance of leveraging technology and expanding outreach to ensure sustainable development in rural areas. The findings suggest that while Prathma Bank has made significant strides in promoting rural development, strategic interventions and policy reforms are necessary to address operational challenges and maximize its impact. Recommendations include strengthening risk management frameworks, expanding product offerings, enhancing governance, and fostering public-private partnerships. This paper concludes that RRBs like Prathma Bank are not only pivotal in facilitating access to credit but also play an essential role in the holistic development of rural economies, making them indispensable to India's growth narrative

디자인 씽킹을 활용한 주민참여 지역재생 사업 사례 조사 - 부여군 사례를 중심으로

This study aims to revitalize local commercial districts amidst the challenges of the COVID era by applying the design thinking methodology to develop a regeneration strategy for “Wonjo Food Alley” in Buyeo County. The research was conducted based on workshops involving merchants, local residents, and experts, utilizing the KJ method for idea categorization and analysis to derive a strategy for community regeneration using the cultural assets of the area. In this process, the use of design thinking played a crucial role in deeply understanding the unique requirements of the region and facilitating community participation. The results demonstrate that design thinking is an effective approach for revitalizing local economies, proving its utility and effectiveness. This underscores the importance of a participatory approach through design thinking in the development of strategies for commercial district revitalization, and it is hoped that this research will provide practical guidelines for addressing similar problems in the future.

Pelatihan Digital Marketing Guna Meningkatkan Penjualan UMKM Kecap Manis

Sweet soy sauce MSMEs in Bantul Regency have great potential in supporting the local and national economy, but they have not yet optimally utilized digital technology for marketing. This study aims to improve the understanding and skills of sweet soy sauce MSMEs in Bantul in the field of digital marketing through comprehensive training. A qualitative method with a case study approach was used to explore the impact of the training on 15 MSMEs. The results showed an 80% increase in understanding and skills of MSMEs in utilizing digital platforms such as social media and e-commerce, as well as changes in the attitudes and behavior of MSME owners towards digital technology. A 30% increase in sales and market expansion were other positive impacts. However, understanding of online advertising still needs to be improved, with only 20% of MSMEs having a good understanding of it. This study recommends further training that is more specific and in-depth, as well as ongoing mentoring for MSMEs.

Strategic Analysis for Developing Tourism in Toba Regency: A Sustainable Management Approach

Toba Regency, located in North Sumatra, Indonesia, offers vast potential for tourism development, thanks to its natural beauty, cultural heritage, and historical significance. This study analyzes the strengths, weaknesses, opportunities, and threats (SWOT) related to tourism in Toba Regency, utilizing a sustainable management approach to enhance the region's tourism sector. By conducting a SWOT analysis and evaluating both internal and external factors, the study identifies key strategies for boosting tourism, including improving infrastructure, increasing local community involvement, and promoting the region’s unique cultural and natural attractions at national and international levels. The findings suggest that leveraging Toba Regency's natural and cultural resources, while addressing limitations in infrastructure and community engagement, can significantly enhance its tourism potential. The strategic recommendations provided focus on sustainable practices that will benefit the local economy, preserve cultural and environmental assets, and foster long-term tourism growth.

The Impact of Eco-tourism on the Local Economy of Kuruva Dweep, Wayanad: A Study of the Industry's Contribution to GDP and Sustainable Development

ABSTRACT The study examines the economic and environmental effects of eco-tourism in Kuruva Dweep, Wayanad, with a focus on its impact on local livelihoods and sustainability. Eco-tourism, considered a sustainable development model, has drawn more tourists to Kuruva Dweep, resulting in economic benefits such as job opportunities and increased income for local communities. However, this growth has raised concerns about environmental degradation and the region's long-term sustainability. Through surveys, descriptive statistics, and regression analysis, the study investigates the link between eco-tourism, its economic impact, and environmental consequences. The findings indicate a strong positive correlation between eco-tourism and local economic growth, but also reveal significant environmental challenges such as littering, resource overuse, and habitat disruption. The study concludes that while eco-tourism holds promise for sustainable development, stricter environmental management and greater community involvement are crucial to balance economic gains with ecological preservation. The study provides recommendations to encourage responsible tourism and ensure the long-term sustainability of Kuruva Dweep.

The Contribution of Tourism Investments and their Impact on the Local Economies of Kenya: A case study of Nakuru County

Tourism is one of the fastest-growing sectors in the world. It contributes about 10% of the global Gross Domestic Product. It further creates about 5% of direct jobs. The sector has been shown to have a strong multiplier effect on all aspects of the economy. Globally, about 20% of jobs generated over the past five years are related to tourism. Tourism development stimulates growth by attracting new foreign direct investment (FDI) and building new facilities. This study sought to establish the contribution of hospitality and tourism investments to the local economy of Kenya, taking Nakuru County as a case study. The study adopted a descriptive survey research design, accommodating qualitative and quantitative methods; both primary and secondary data. Purposive sampling was used to select 51 out of 151 tourism and hospitality investments in the study area. Secondary data were obtained from tourism and hospitality published and unpublished reports from government and non-governmental organisations. Quantitative data were analysed through descriptive statistics, and content and regression analyses. Salaries of staff, park entry fees, and curio shops constituted 2%, 21.3% and 0.5%, respectively, of the total revenue generated in the study area. Regression analysis results indicate that tourism investment accounted for a 36.6% improvement in the economy, as shown by the values [R Square=0.366, F (1, 151) = 87.311, p<0.05]. Tourism and hospitality investments contributed Kshs 10.12 billion, which was 54% of Nakuru County's gross domestic product, showing that tourism and hospitality investments contribute significantly to the local economy and, by extension, to the country’s economy

Peningkatan Literasi Finansial Berkelanjutan Melalui Edukasi Dan Pendampingan Dalam Pengelolaan Keuangan Masyarakat Desa Jayaraga

Financial literacy is an essential skill that the community needs to possess in order to achieve economic well-being. However, there are still many people in rural areas with low financial literacy levels, including in Jayaraga Village. This research aims to enhance financial literacy sustainably through seminars, workshops, case studies, and focus group discussions. The method used in this research is a participatory approach, where the community is actively involved in every stage of the activities, from basic financial literacy training to assistance in implementing good financial practices. The results of the study indicate an increase in the community's understanding of basic financial concepts, including budgeting, debt management, and simple investments. In addition, this program has also succeeded in raising public awareness about the importance of financial literacy in achieving family economic stability. With continuous education and guidance, it is hoped that the financial literacy of the people in Jayaraga Village can continue to develop and have a positive impact on the local economy.

The local wisdom approach in resolving non-performing loans at traditional village credit institution in Bali: a case study during the COVID-19 pandemic

This study explores the role of local wisdom in managing non-performing loans (NPLs) within Village Credit Institutions (VCDs) in Bali during the COVID-19 pandemic. Using a case study approach, the research examines the effectiveness of traditional mechanisms such as awig-awig (customary law) and pararem (community agreements) in maintaining social cohesion and addressing financial challenges. Through qualitative methods, including in-depth interviews with key stakeholders and document analysis, the study seeks to understand how these customary practices contribute to resolving NPLs. The findings indicate that local wisdom fosters community engagement and dialogue, offering temporary solutions to financial problems during crises. These traditional mechanisms promote a sense of collective responsibility and help maintain social harmony by facilitating discussions between debtors and VCDs. However, the research also highlights several limitations. While effective in the short term, local wisdom struggles to enforce sanctions and provide long-term resolutions, especially during severe economic downturns like the pandemic. This issue is compounded by external factors such as Bali’s heavy reliance on tourism, which makes the local economy highly vulnerable to global disruptions. The lack of digital infrastructure and the absence of integrated government support further intensify the challenges faced by VCDs in managing NPLs. The study concludes that while local wisdom remains a valuable tool for crisis management, its effectiveness is constrained in times of prolonged financial instability. For VCDs to achieve long-term sustainability and resilience in future crises, it is essential to integrate traditional practices with modern financial systems. Additionally, stronger government support, including digital infrastructure development and comprehensive financial regulations, is crucial to ensure the sustainability of VCDs. This combination of traditional and modern strategies can help VCDs navigate future economic challenges more effectively and safeguard their role in the local economy.

BUMDes Strategies for Successful Banana Planting Programs

General Background: Village-Owned Enterprises (BUMDes) are essential for enhancing local economies through agricultural initiatives. Specific Background: In Krembung Village, Sidoarjo Regency, a banana planting program has been implemented to improve productivity and income. Knowledge Gap: However, challenges like high seedling mortality and inadequate practices hinder success. Aims: This study analyzes BUMDes strategies in executing the banana program, focusing on community involvement and resource management. Results: While strength and progress indicators are optimal, the value aspect is suboptimal due to significant seedling losses. Community support for banana cultivation has been strong. Novelty: The research highlights practical challenges and strategic approaches in managing BUMDes agricultural programs. Implications: Findings emphasize the need for better resource allocation and community engagement to enhance agricultural initiatives, providing insights for improving BUMDes operations and promoting sustainable rural development. Highlights: Community Involvement: Strong local support is crucial for the success of the banana planting program. Resource Management: Effective allocation and management of resources are necessary to mitigate seedling mortality. Strategic Approaches: Implementing targeted strategies can enhance agricultural productivity and economic benefits for the village. Keywords: BUMDes, Banana Planting, Community Engagement, Agricultural Productivity, Village Potential

Formulation of Business Development Strategy Through SWOT Approach and Business Model Canvas (Case Study on MSMEs in Padamulya Village)

This study highlights the important role of micro, small, and medium enterprises (MSMEs) in the local and national economy, especially in developing countries. It focuses on Padamulya Village in Pasirwangi District, Garut Regency. MSMEs in this village are the driving force of the regional economy through their ability to create jobs and adapt to technological changes. This study uses a qualitative approach to analyze MSME development strategies in Padamulya through SWOT analysis and Business Model Canvas (BMC). The purpose of the study is to identify the challenges faced by MSMEs, including limited capital, technology, and market access, and to formulate effective development strategies in the era of globalization. The study results indicate that MSMEs in Padamulya are in a growth phase focusing on increasing short- and medium-term profitability and product and technology innovation. Through product diversification, quality improvement, and the development of distribution channels, MSMEs in this village can strengthen their competitiveness in domestic and international markets. This study guides policymakers and MSME actors in optimizing local potential and strengthening the regional economy. It also underscores the need for further studies on implementing BMC in other MSMEs, highlighting the importance of continuous learning and improvement in the field of business development.

Copra Production at the “End” of the World

Abstract Often mentioned only as a brief reference, the port town of Ende was a crucial player in a network connecting Arabic, Chinese, Indian, and Javanese merchants with the trade in valuable commodities from Eastern Indonesia. This article explores the cultural and economic exchanges at the heart of Endenese identity through archival research, historical ecology, oral histories, and ethnography. Known to the Dutch as a pirate and slaving centre, Ende was the most significant force in the Savu Sea until 1907. With the local economy reshaped to produce agricultural staples in the early twentieth century, Ende experienced a minor boom by exporting copra, or dried coconut husks. In this article, I reconstruct the complex commodity dynamics that silently shaped Ende. “Invisibilised” by colonial and Indonesian forces, I identify Ende’s peripheralisation as the deliberate consequence of the consolidation of governance power among outside elites and the disempowerment of local groups. I conclude by showing the value of ethnographic tools in retelling the stories of those who were once at the centre of the world.

Revitalizing the Local Economy: Community Empowerment through Tempe Production and Branding in Mayang District

Revitalizing the Local Economy: Community Empowerment through Tempe Production and Branding in Mayang District