THE DEVELOPMENT OF BUMDES (VILLAGE OWNED ENTERPRISES) SUSTAINABLE ENTREPRENEURSHIP MODEL IN INDONESIA

Ahmad Hermanto, Amilia Hasbullah, Imam Wibowo, Fredrick Tiagita Putra

Abstract


The establishment of BUMDes at the village government level is a strategic management of the central government to improve the village economy which is expected to have an impact on national economic growth. In practice, the existence of BUMDES currently faces the stagnant condition. Entrepreneurship has become a very important world phenomenon since couple of decades which considered as a solution to socio economic development. This paper is intended to analyze how sustainable entrepreneurship can be applied to Village-Owned Enterprises in Indonesia, and is expected to be a starting point and solution for developing sustainable BUMDes operations in Indonesia.


Keywords


Sustainability; Entrepreneurship; BUMDes

Full Text:

PDF

References


Cai, W., Polzin, F., & Stam, E. (2020). Crowdfunding and social capital: A systematic review using a dynamic perspective. Technological Forecasting and Social Change, 120412. doi: 10.1016/j.techfore.2020.120

Carnes, C. M., Gilstrap, F. E., Hitt, M. A., Ireland, R. D., Matz, J. W., & Woodman, R. W. (2019). Transforming a traditional research organization through public entrepreneurship. Business Horizons. doi: 10.1016/j.bushor.2019.02.00

Joyce Liddle, (2016): "Introduction: Public Sector Entrepreneurship: Key Issues, Challenges and Developments in Theory and Practice" In New Perspectives on Research, Policy & Practice in Public Entrepreneurship. Published online: 23 May 2016; xi-xxxiv. http://dx.doi.org/10.1108/S2040-724620160000006012

Joyce Liddle, Gerard McElwee, (2019) "Theoretical perspectives on public entrepreneurship", International Journal of Entrepreneurial Behavior & Research, https://doi.org/10.1108/IJEBR-02-2019-0067.

Mierlo J.G.A. van, 1996. "Public entrepreneurship as innovative management strategy in the public sector : a public choice-approach," Research Memorandum 020, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).

Omri, A. (2020). Formal versus informal entrepreneurship in emerging economies: The roles of governance and the financial sector. Journal of Business Research, 108, 277–290. doi: 10.1016/j.jbusres.2019.11.027

Terán-Yépez, E., Marín-Carrillo, G. M., Casado-Belmonte, M. del P., & Capobianco-Uriarte, M. de las M. (2019). Sustainable entrepreneurship: Review of its evolution and new trends. Journal of Cleaner Production, 119742. doi: 10.1016/j.jclepro.2019.119742


Refbacks

  • There are currently no refbacks.


 Fakultas Ekonomi dan Bisnis | Universitas Pelita Harapan | Kampus Universitas Pelita Harapan | Gedung F Lt. 12 | Lippo Karawaci, Tangerang - 15811 | Telp 021-5460901 | Fax 54210992