A New Strategic Business Expectancy for MSME Sustainability: The Impact of Uncertainty During the COVID-19 Pandemic

Prameka, Adelia Shabrina; Rofianto, Whony; Wiraguna, Rayie Tariaranie; Prabowo, Suryo Hadi Wira; Do, Ben-Roy

doi:10.18502/kss.v5i8.9381

Cited by 4 publications

(7 citation statements)

References 3 publications

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“…It is also found from the interview that about 88% of the respondents ranked loan repayment issues as the top problem. This is consistent with recent research findings of Prameka, Sudarmiatin, Wiraguna, Prabowo, and Do (2021) that there were some problems and difficulties that entrepreneurs faced during the Covid-19 pandemic such as financial distress particularly on debt management and inability to pay obligation.…”

Section: Introductionsupporting

confidence: 93%

The Advantages of the Micro Equity Model for Msme Business Resilience in Yogyakarta During Pandemic

Hartono

Diponegoro

Yuliawan

2021

jmk

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Many MSME business enterprises were severely hit during the Covid-19 pandemic. This study examined a micro equity financing model as an innovative answer to conventional loans in assisting MSME to survive during and after the pandemic. The micro equity financing model employed a profit-sharing system with flexible repayment and without collateral. A qualitative, descriptive data processing approach was employed. Interviews were conducted online with respondents of MSME that use the micro equity model in the Trust Network Finance (TNF) project in Yogyakarta. It was found more than 75% of MSMEs in Yogyakarta had experienced contractions on the marketing of their business. And more than 50% of MSME players in Yogyakarta had experienced problems in repaying loans due to the Covid-19 pandemic crisis. We suggested from the results that the micro equity model had shown to provide many benefits to MSME, especially in marketing and financial aspects, such as more accessible loan applications, flexible repayment schedules, and business assistance.

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Section: Introductionsupporting

confidence: 93%

The Advantages of the Micro Equity Model for Msme Business Resilience in Yogyakarta During Pandemic

Hartono

Diponegoro

Yuliawan

2021

jmk

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“…Seluruh narasumber sudah menjalankan inovasi produk walaupun belum semua ide bisa diwujudkan. Pada masa pandemi ini para pemilik bisnis khususnya usaha mikro perlu secara berkala memberikan inovasi walaupun banyak peraturan new normal yang membuat proses merealisasikan menjadi lebih terbatas (Prameka, Sudarmiatin, Wiraguna, Prabowo, & Do, 2021).…”

Section: Profitabilityunclassified

“…Salah satu kendala usaha mikro adalah ketersediaan sumber daya manusia yang kompeten di bidangnya (Prameka et al, 2021). Beragam hal dilakukan oleh para narasumber untuk mencapai target usahanya seperti melakukan promosi di media sosial dan melakukan inovasi dalam produk dan kualitas layanan.…”

Section: Firm Survivalunclassified

“…Kekurangan yang dimiliki dan dihadapi oleh para narasumber dijadikan sebagai suatu motivasi untuk terus memberikan produk yang berkualitas dan dapat membuat konsumen merasa puas. Pengembangan dalam mempertahankan kualitas produk dengan dasar keinginan dan kebutuhan konsumen sangatlah penting walaupun membutuhkan tenaga yang lebih pada masa pandemi COVID-19 saat ini (Prameka et al, 2021).…”

Section: Good Balance Between Work and Private Lifeunclassified

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Analisis Pendorong Kesuksesan Usaha Mikro Sub-Sektor Desain Produk Di Masa Pandemi Covid-19

Ghina,

Syahnas

2023

mea

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Keberhasilan Usaha Mikro, Kecil, dan Menengah (UMKM) berkontribusi pada pertumbuhan ekonomi suatu negara. Namun, banyak UMKM yang usahanya tidak dapat berlanjut di masa pandemi COVID-19 akibat dampak kebijakan pemerintah yang membatasi ruang gerak masyarakat. Tujuan dari penelitian ini adalah untuk menganalisis bagaimana usaha mikro subsektor desain produk dapat bertahan selama pandemi COVID-19. Strategi penelitian ini menggunakan studi kasus dan metode kualitatif. Pendekatan ini digunakan untuk memahami pengalaman pemilik bisnis dalam menjalankan aktivitas bisnisnya. Sebanyak tiga narasumber dipilih berdasarkan jenis usaha di bidang desain produk yang telah berjalan selama lebih dari enam bulan. Hasil penelitian berupa transkrip wawancara yang dikodekan secara manual dan dianalisis untuk melihat sejauh mana pengusaha mikro memenuhi faktor keberhasilan berdasarkan literatur. Hasil penelitian menunjukkan bahwa seluruh narasumber telah melaksanakan hampir semua aspek keberhasilan kecuali kinerja sosial dan lingkungan. Temuan ini menunjukkan bahwa belum ada kesadaran untuk menjalankan bisnis dengan mempertimbangkan faktor sosial dan lingkungan. Hasil penelitian ini sebagai bahan evaluasi bagi para pengusaha mikro agar dapat mengembangkan usahanya secara optimal.

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“…They attribute this to a top-down planning and management approach, arguing that this model poses a main barrier to sustainable relationships among ecotourism stakeholder groups (Murphy, 1985). While an extensive body of academic literature (Gumede and Nzama, 2020;Ying and Zhou, 2007;Chili and Ngxongo, 2017;Prameka et al, 2021;Xiong et al, 2021;Nugraha, 2021) highlights the significance of local community participation in ecotourism development, numerous studies (e.g., Mustapha et al, 2013;Marzuki et al, 2012;Dogra and Gupta, 2012;Snyman, 2016;Wang et al, 2015;Wen and Ximing, 2008) found manipulative participation to be dominant in most tourist destinations, including some in South Africa. Moreover, there is a paucity of academic research in the field of sustainable ecotourism development in KwaZulu-Natal.…”

Section: Introductionmentioning

confidence: 99%

Comprehensive Participation: A Theoretically Hailed Yet Practically Disregarded Approach to Sustainable Ecotourism

MAKHANYELA,

NKOSI,

TSHABALALA

et al. 2024

GTG

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The commitment and attitudes of all stakeholders, as well as giving recognition to their value as partners in the ecotourism domain, are crucial elements in ensuring sustainable ecotourism development. The social capacity theory (SCT) posits that implementing networks of relationships is a fundamental basis for successful and sustainable tourism development. However, research has shown that the planning and management of numerous ecotourism development programs are marred by a top-down approach. This study examined the level of stakeholder participation in ecotourism activities in the Umfolozi Municipality to determine if any gaps exist in the participation structure of this key economic enterprise. A concurrent exploratory mixed methods design was operated using qualitative and quantitative survey. Qualitative data that were collected from purposefully sampled participants were thematically analysed, while quantitative data that were collected from conveniently sampled respondents were analysed using SPSS software. The findings highlight the centralisation of power and a fragmented ecotourism landscape in the study area that is plagued by manipulative participation, lack of collaboration, lac k of co-ordination, lack of awareness, and apathy among key stakeholders.

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A New Strategic Business Expectancy for MSME Sustainability: The Impact of Uncertainty During the COVID-19 Pandemic

Cited by 4 publications

References 3 publications

The Advantages of the Micro Equity Model for Msme Business Resilience in Yogyakarta During Pandemic

The Advantages of the Micro Equity Model for Msme Business Resilience in Yogyakarta During Pandemic

Analisis Pendorong Kesuksesan Usaha Mikro Sub-Sektor Desain Produk Di Masa Pandemi Covid-19

Comprehensive Participation: A Theoretically Hailed Yet Practically Disregarded Approach to Sustainable Ecotourism

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