The Contribution Of Innovation And Entrepreneurship To Regional Economic Development
Abstract
The COVID-19 pandemic has had a significant impact on the global economy, including in Indonesia. To address the post-pandemic challenges, this research aims to explore and analyse the role of entrepreneurship and innovation in regional economic development. Through a qualitative-descriptive approach, this research involves entrepreneurship actors, innovators, and related parties as research subjects. The main research instruments include in-depth interviews, observation, and document analysis. The results of the qualitative-descriptive data analysis provide an in-depth understanding of how entrepreneurship and innovation contribute to local economic growth. It was found that entrepreneurship plays a critical role in creating jobs, increasing productivity and fuelling innovation. In addition, innovation plays an important role in improving regional competitiveness. Thus, this research makes an important contribution in designing policies and strategies for entrepreneurship and innovation development at the regional level to improve community welfare and local economic growth. Future suggestions include strengthening the entrepreneurship ecosystem, promoting innovation, integrating entrepreneurship in education, collaboration among stakeholders, and developing support policies. By implementing these suggestions, it is expected that the regional economy can be more resilient and sustainable in the face of global dynamics.
Keywords: Entrepreneurship, Innovation, Regional Economic Development, Economic Resilience, COVID-19 Pandemic
References
Chrysnaputra, R. D., Pangestoeti, W., Raja, M., Haji, A., & Pinang, T. (n.d.). Institut Agama Islam Sunan Kalijogo Malang PERAN DAN FUNGSI KEWIRAUSAHAAN ISLAM DALAM PEMBANGUNAN EKONOMI INDONESIA.
Fajri, A. (2021). PERAN KEWIRAUSAHAAN DALAM PEMBANGUNAN EKONOMI.
(2), 2548–5911. https://doi.org/10.36835/iqtishodiyah.v7i2.619
Fauziyyah Djayadiningrat, A., Ekonomi, F., & Bisnis, D. (2017). PERAN INOVASI PRODUK MEMEDIASI ORIENTASI KEWIRAUSAHAAN TERHADAP KINERJA PEMASARAN IMK SEKTOR INDUSTRI MAKANAN KOTA
DENPASAR I Putu Gde Sukaatmadja (2) Ni Nyoman Kerti Yasa (3) (1)(2)(3). 6(9), 4978–5004. www.bps.go.id
Khamimah, W. (2021). Peran Kewirausahaan Dalam Memajukan Perekonomian Indonesia. Jurnal Disrupsi Bisnis, 4(3), 2017.
https://doi.org/10.32493/drb.v4i3.9676
Manajemen, M., Ekonomi, F., Bisnis, D., Fauzan, N., Alfikri, F., Komari, N., Rosnani, T., & Tanjungpura, U. (2023). Equator Journal of Management and Entrepreneurship Peran Mediasi Kapabilitas Manajemen Pengetahuan pada Pengaruh Pelatihan terhadap Kinerja Inovasi Pegawai Badan Perencanaan Pembangunan Daerah Kabupaten Sanggau. Universitas Tanjungpura, 11(04), 255–265. https://doi.org/10.26418/ejme.v10i01.71042
Mulyana, M., & Sutapa, S. (2014). Peningkatan Kapabilitas Inovasi, Keunggulan Bersaing dan Kinerja melalui Pendekatan Quadruple Helix: Studi Pada Industri Kreatif Sektor Fashion. Jurnal Manajemen Teknologi, 13(3), 304–321. https://doi.org/10.12695/jmt.2014.13.3.5
Rijal, S., Sihombing, T. M., Akbar, I., Desembrianita, E., & Lubis, R. F. (n.d.-a). Peran Keunggulan Kompetitif, Inovasi Produk, dan Jaringan Bisnis terhadap Kinerja Ekonomi Daerah. Sanskara Ekonomi Dan Kewirausahaan, 1(03), 173–185. https://doi.org/10.58812/sek.v1.i03
Rijal, S., Sihombing, T. M., Akbar, I., Desembrianita, E., & Lubis, R. F. (n.d.-b). Peran Keunggulan Kompetitif, Inovasi Produk, dan Jaringan Bisnis terhadap Kinerja Ekonomi Daerah. Sanskara Ekonomi Dan Kewirausahaan, 1(03), 173–185. https://doi.org/10.58812/sek.v1.i03
Susilo, J. H., & Agustino, M. R. (n.d.). Pengaruh Human Capital Dan Inovasi Terhadap Keberhasilan Wirausaha Muda. www.weforum.org
Tulus Wibowo --Pembangunan Ekonomi Pertanian Digital Dalam Mendukung Ketahanan Pangan Studi di Kabupaten Sleman, E., Pertanian, D., Perikanan, dan, Istimewa Yogyakarta, D., & Tulus Wibowo, E. (n.d.). Pembangunan Ekonomi Pertanian Digital Dalam Mendukung Ketahanan Pangan (Studi di Kabupaten Sleman: Dinas Pertanian, Pangan, dan Perikanan, Daerah Istimewa Yogyakarta). https://doi.org/10.22146/jkn.47285
Lagravinese, R. (2015). Economic crisis and rising gaps North–South: evidence from the Italian regions. Cambridge Journal of Regions, Economy and Society, 8(2), 331–342.
Fingleton, B., Garretsen, H., & Martin, R. (2012). Recessionary shocks and regional employment: evidence on the resilience of UK regions. Journal of Regional Science, 52(1), 109–133.
Bahri, N. A., & Anwar, P. H. (2018). Studi Kritis Realisasi Anggaran Sektor Publik Ditinjau Dari Dalam Aplikatif Kartu Indonesia Sehat. Jurnal Ilmiah Akuntansi Peradaban, 4(1)
Anwar, A. P. S., Jasuni, A. Y., & Juniarso, A. (2021). Single index model analysis for optimum portfolio in pharmaceutical companies registered in Indonesia Stock Exchange. Jurnal REKOMEN (Riset Ekonomi Manajemen), 4(2), 172–181
K Fadhilah, N. H., Rukoyah, S., & Heliani, H. (2022). Fraud Pentagon dalam Mendeteksi Fraudulent Financial Reporting pada Perusahaan BUMN. AFRE Accounting and Financial Review
Lestari, S. S. S., Meimela, A., & Revildy, W. D. (2020). Analisis Faktor Tingkat Pengangguran Terbuka Dengan Metode Geographically Weighted Lasso. Seminar Nasional Official Statistics, 2020(1), 1286–1293.
Sutarna, T. H., Anggraeni, W., Alatas, F., Lestari, R. A., Hermanto, F., Simatupang, E., Sutjiatmo, A. B., Puspadewi, R., Rachmawan, L., & Haq, F. A. (2022). Formulation Of Liquid Soap Contains Cow’s Milk From Middle Small Enterprise In Cimahi. Indonesian Journal of Pharmaceutical Science and Technology, 1(1).
Sunandar, N., & Hidayat, E. S. (2022). The Effect of Gender Chief Executive Officer (CEO), Gender Audit Committee, KAP Size, Profitability and Solvency on Audit Delay. Budapest International Research and Critics Institute-Journal (BIRCI-Journal), 5(3), 22467–22477.
Sunandar, N., & Sugiarti, E. (2023). The Effect of Asset Structure, Profitability and Liquidity on the Capital Structure of the Manufacturing Industry Sector.
Budapest International Research and Critics Institute-Journal (BIRCI-Journal), 6(1), 164–169.
Hartati, A. S., Widyastuti, T., Suroso, S., Sastrodihardjo, I., & Rianto, M. R. (n.d.). The Effect of E-Commerce Adoption and Innovation on the Marketing Performance of Msme Players In Bekasi City.
Gumelar, T. M., & Shauki, E. R. (2020). Pencegahan fraud pada pengelolaan dana organisasi: Perspektif theory of planed behavior. Jurnal ASET (Akuntansi Riset), 12(1), 176–200.
Mareta, F., Heliani, H., Elisah, S., Ulhaq, A., & Febriani, I. (2021). Analysis of Islamic Banks’ Merger in Indonesia. Jurnal REKOMEN (Riset Ekonomi Manajemen), 4(2), 102–120.
Lesmana, T., Iskandar, Y., & Heliani, H. (2020). Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Pada Perusahaan Rokok Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Proaksi, 7(2), 25–34
Lismana, H. (2020). Pengaruh likuiditas dan profitabilitas terhadap dividend payout ratio. Ekono Insentif, 14(1), 1–11.
Mareta, F., Heliani, H., Elisah, S., Ulhaq, A., & Febriani, I. (2021). Analysis of Islamic Banks’ Merger in Indonesia. Jurnal REKOMEN (Riset Ekonomi Manajemen), 4(2), 102–120
Dhameria, V., Ghozali, I., Hidayat, A., & Aryanto, V. (2021). Networking capability, entrepreneurial marketing, competitive advantage, and marketing performance. Uncertain Supply Chain Management, 9(4), 941–948.
Hewitt-Dundas, N., & Roper, S. (2002). Closing the knowledge gap in Irish manufacturing-a north-south comparison
Flotzinger, C. W., Aschauer, G. J., & Starkl, F. (2011). Evaluation of Business Models in Rail Freight Transport under Consideration of Multimodal Aspects. Proceedings of the ITRN2011, University College Cork.
Christofer, Alvin & Memarista, Gesti. (2019). Pengaruh Kerjasama Dengan Pemasok Dan Konsumen Terhadap Keberhasilan Kewirausahaan Melalui Inovasi Pada Ikm Logam Di Ngingas Kabupaten Sidoarjo. AGORA. Vol. 7 No. 1
Salindeho, Maya F. (2019). Analisis Perilaku Kewirausahaan Dalam Keberhasilan Pengembangan Usaha Mikro Sub Sektor Industri Meubel Di Propinsi Sulawesi Utara. Prosiding Pluralisme Dalam Ekonomi Dan Pendidikan ISSN 2407-4268
Sihombing, E dan Ekyawan.2012. Pengaruh Kompetensi Wirausaha Dan Lingkungan Bisnis Terhadap Kesuksesan Wirausaha Pada Wirausaha Kecil
(Studi Kasus Pada Bisnis Ritel Di Wilayah Jakarta Utara). Jurnal Fakultas Ekonomi Universitas Indonesia
Urbano, D., & Aparicio, S. (2016). Entrepreneurship capital types and economic growth: International evidence. Technological Forecasting and Social Change, 102, 34–44. https://doi.org/10.1016/j.techfore.2015.02.018
Prieger, J. E., Bampoky, C., Blanco, L. R., & Liu, A. (2016). Economic Growth and the Optimal Level of Entrepreneurship. World
Content, J., Bosma, N., Jordaan, J., & Sanders, M. (2020). Entrepreneurial ecosystems, entrepreneurial activity and economic growth: new evidence from European regions. Regional Studies, 54(8), 1007–1019. https://doi.org/10.1080/00343404.2019.1680827
Stam, E. (2015). Entrepreneurial Ecosystems and Regional Policy: A Sympathetic Critique. European Planning Studies, 23(9), 1759–1769. https://doi.org/10.1080/09654313.2015.1061484
Carree, M. A., & Thurik, A. R. (2010). Handbook of Entrepreneurship Research. In Handbook of Entrepreneurship Research (Issue 2004). https://doi.org/10.1007/978-1-4419-1191-9
Ivanović-Djukić, M., Lepojević, V., Stefanović, S., van Stel, A., & Petrović, J. (2018). Contribution of Entrepreneurship to Economic Growth: A Comparative Analysis of SouthEast Transition and Developed European Countries. International Review of Entrepreneurship, 16(2), 257–276. http://ezproxy.hwrberlin.de:2048/login?url=http://search.ebscohost.com/login.a spx?direct=true&db=ent&AN= 130879502&lang=de&site=eds-live&scope=site
Christofer, Alvin & Memarista, Gesti. (2019). Pengaruh Kerjasama Dengan Pemasok Dan Konsumen Terhadap Keberhasilan Kewirausahaan Melalui Inovasi Pada Ikm Logam Di Ngingas Kabupaten Sidoarjo. AGORA. Vol. 7 No. 1
Salindeho, Maya F. (2019). Analisis Perilaku Kewirausahaan Dalam Keberhasilan Pengembangan Usaha Mikro Sub Sektor Industri Meubel Di Propinsi Sulawesi Utara. Prosiding Pluralisme Dalam E
Nurjanah, S. (2015). Peranan Manajemen inovasi dalam meningkatkan kinerja organisasi pendidikan. In Conference In Business, Accounting, And Management (CBAM), Vol. 2, No. 1, hlm. 27- 33).
Schaltegger, S., & Wagner, M. (2011). Sustainable entrepreneurship and sustainability innovation: categories and interactions. Business strategy and the environment, 20(4), 222-237
Donkor, J., Donkor, G. N. A., Kankam-Kwarteng, C., & Aidoo, E. (2018). Innovative capability, strategic goals and financial performance of SMEs in Ghana. AsiaPacific Journal of Innovation and Entrepreneurship. Emerald Publishing Limited. 2398-7812. DOI 10.1108/APJIE-10-2017-0033
Popkova, E., DeLo, P., & Sergi, B. S. (2021). Corporate social responsibility amid social distancing during the COVID-19 crisis: BRICS vs. OECD countries. Research in International Business and Finance, 55, 101315.
Downloads
Published
Issue
Section
License
Open Access
HUMANIS (Humanities, Management and Science Proceedings) is a national peer reviewed and open access journal that publishes significant and important research from all area of agroindustry.
This journal provides immediate open access to its content that making research publish in this journal freely available to the public that supports a greater exchange of knowledge.
Copyright
Submission of a manuscript implies that the submitted work has not been published before (except as part of a thesis or report, or abstract); that it is not under consideration for publication elsewhere; that its publication has been approved by all co-authors. If and when the manuscript is accepted for publication, the author(s) still hold the copyright and retain publishing rights without restrictions. Authors or others are allowed to multiply article as long as not for commercial purposes. For the new invention, authors are suggested to manage its patent before published. The license type is CC-BY-SA 4.0.
Disclaimer
No responsibility is assumed by publisher and co-publishers, nor by the editors for any injury and/or damage to persons or property as a result of any actual or alleged libelous statements, infringement of intellectual property or privacy rights, or products liability, whether resulting from negligence or otherwise, or from any use or operation of any ideas, instructions, procedures, products or methods contained in the material therein.
