A Study on the Impact of Globalization on MSMEs in Indonesia

Abstract

The purpose of this study is to analyze the impact of globalization on MSMEs in Indonesia in the context of prior of the Covid-19 pandemic. The study applied descriptive qualitative approach and used documentation as the data collection in which the data were retrieved from journals, web, and other relevant sources. The results concluded that MSMEs in Indonesia with 10% contribution had not been able to significantly support the Indonesian economy due to various obstacles. The government has taken various ways to overcome this problem and expected that by 2024 MSMEs can support 17% of the national economy.

Analisis Kualitas Layanan Koperasi, Dukungan Pemerintah Daerah, Keterlibatan Masyarakat dalam Meningkatkan Daya Saing UMKM di Kota Yogyakarta

“…Meningkatkan daya saing UMKM di Kota Yogyakarta sangat penting untuk keberlangsungannya (Astuti et al, 2023). Sektor UMKM di Indonesia, termasuk Yogyakarta, memainkan peran penting dalam mendorong pertumbuhan ekonomi dan penciptaan lapangan kerja (Afifah, 2023).…”

Dynamic Capabilities, Resources, and Social Capital in Creating Sustainable Competitive Strategies in Indonesian MSME

“…Various elements, including globalization, technological breakthroughs, resources, social capital, and the development of sustainable competitive strategies, impact the performance of MSMEs in Indonesia. Due to intense competition in exportimport operations and worldwide trade, globalization offers MSMEs both benefits and challenges (Astuti et al, 2023). Technological developments are essential for improving MSME competitiveness because they allow companies to adapt to changing market conditions (Maurina & Rusdianto, 2023).…”