The role of micro, small and medium enterprises (MSMEs) towards community welfare in Medan City
Article Sidebar
Main Article Content
Abstract
In pursuit of a prosperous life, individuals possessing the capacity to create business opportunities often play a pivotal role in meeting the fundamental needs of their communities. One of the prominent channels through which such endeavours manifest is the establishment and operation of Micro, Small, and Medium Enterprises (MSMEs). This research is dedicated to comprehensively examining the profound impact of MSMEs on the community's welfare. Employing a descriptive qualitative approach, the study was conducted within the MSME sector of Medan City. The outcomes of this study underscore the profoundly positive influence of MSMEs on various facets of the community's well-being, including healthcare, education, income levels, housing conditions, and access to communication technology. The results affirm the crucial role of MSMEs in fostering economic growth and elevating the quality of life for the residents of Medan. This research sheds light on the multifaceted contributions of MSMEs to enhancing community welfare, demonstrating their significance as agents of positive change in pursuing a prosperous society.
Downloads
Article Details
This work is licensed under a Creative Commons Attribution 4.0 International License.
This work (article) is licensed under a Creative Commons Attribution 4.0 International License.
References
[BPS] Central Bureau of Statistics. (2021). Number of Indonesian Poor Population by Regency/City in 2015 – 2021. https://www.bps.go.id
Arsyad, L. (2012). Economic Development.Yogyakarta. UPP STIM YKPN, Yogyakarta.
Cynthia, O., Djodjobo, V., Tawas, H.N., Sam, U., & Manado, R. (2014). The influence of entrepreneurship orientation, product innovation, and competitive advantage on the marketing performance of Nasi Kuning Business in Manado City. The Effect of Entrepreneurial Orientation… EMBA Journal, 2(3), 12141224.
Eriza, F., & RHS. (2019). The effect of community participation in empowering small and medium enterprises on economic improvement of the Namo Rambe village community. Journal of Governance Opinion, 4, 16–39.
Thompson & Waldron Law. (2021). MSME Criteria According to the New Regulations. https://contractlaw.com/article/peraturanbaruumkm
Kartawinata, B.R., Wijayaangka, C., Dabinda, H.R., & Aprilia, S. (2020). Analysis of the development of micro, small and medium enterprises (MSMEs) before and after obtaining financing from islamic financial institutions. ECo-Buss, 2(2), 22–29. https://doi.org/10.32877/eb.v2i2.108
Ministry of Education and Culture of the Republic of Indonesia. (2016). Big Indonesian Dictionary Fifth Edition. Language Development and Development Agency of the Ministry of Education and Culture of the Republic of Indonesia.
Kuncoro, Aris Wahyu, & Rahardjo, B. (2013). Analysis of Potential Economic Sector and Interaction of Cilegon City Region 2007-2011. Journal of Economics and Management, 2, 1–12. http://fe.budiluhur.ac.id/wp-content/uploads/2014/11/2-Analisis-Sektor-Ekonomi-Potensial-Aris-Wahyu-Kuncoro.pdf
Kuncoro, M. (2013). Easy to understand and analyze economic indicators. UPP STIM YKPN, Yogyakarta.
Medan, P. (2021). Medan city RPJMD 2021-2026. Medan City Government. https://pemkomedan.go.id/editor/image/file/RPJMD MEDAN CITY 2021-2026.pdf
Merdekawati, E. (2019). Analysis of the impact of micro, small and medium enterprises (MSMEs) on community welfare (study at the Small Bread Industry Center, Kalimalang Village, Sukorejo District, Ponorogo Regency). Thesis of the Department of Islamic Economics, Faculty of Islamic Economics and Business, Ponorogo State Islamic Institute, 1–93. http://www.elsevier.com/locate/scp
Mulyani, IT, & Mudiantono. (2015). Market orientation and entrepreneurship orientation with innovation as an intervening variable (empirical study on micro, small and medium enterprises in Semarang City). Journal of Management, 4(3), 1–12.
Nursidi, MI, & Wulandari, S. (2021). National Seminar on Information Science and Technology (SENSASI) Analysis of the Development of Micro, Small, Medium Enterprises (MSMEs) in Supporting Economic Growth in Medan City, 196–198.
Pasaribu, R.M., & Oktavia, A. (2020). Analysis of social media as a marketing media to increase the competitiveness of MSMEs in Medan City. Journal of Economics and Business, 1(01), 50–60.
Putra, A.H. (2018). The role of MSMEs in the development and welfare of the people of Blora Regency. Journal of Sociological Analysis, 5(2). https://doi.org/10.20961/jas.v5i2.18162
Rahmatia, Madris, & Nurbayani, S.U. (2018). The Effect of Business Capital, Labor and Business Length on Micro Business Profits in Palopo City, South Sulawesi Province) Accounting Study Program, Muhammadiyah Palopo College of Economics) Economics Study Program, Hasanuddin University Abstract. Journal of Management, 4(2), 43–47.
Rosmadi, M.L.N. (2019). Analysis of Supporting Factors for the Development of Micro, Small and Medium Enterprises (MSMEs). National Seminar on Economics and the Council, 41–48. http://ejournal.stiedewantara.ac.id/index.php/SNEB/article/view/410
Saifudin, M.C. (2019). The role of micro, small and medium enterprises in improving the economic welfare of the community from an Islamic economic perspective. Journal At Tujjar, 7(2)(02), 35.
Sugiyono. (2017). Qualitative, quantitative and R&D research methods. Alphabeta, Bandung.
Suyadi, Syahdanur, & Suryani, S. (2018). Analysis of micro, small and medium enterprises (MSME) development in Bengkalis-Riau Regency. KIAT Journal of Economics, 29(June), 84–93.
Law of the Republic of Indonesia Number 20 of the Year. (2008). Law of the Republic of Indonesia, Number 20 of 2008. 1.
Wika Undari, & Anggia Sari Lubis. (2021). Micro, small and medium enterprises (MSMEs) in improving community welfare. Journal of Social Education Research Humanities, 6(1), 32–38. https://doi.org/10.32696/jp2sh.v6i1.702
Zed, M. (2008). Literature research method. Edition 2. Indonesia Torch Foundation, Jakarta.