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Journal : INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE

THE TRIPLE HELIX MODEL: UNIVERSITY-INDUSTRY-GOVERNMENT COLLABORATION AND ITS ROLE IN SMES INNOVATION AND DEVELOPMENT Adih Supriadi; Indra Permana; Dian Rachmawati Afandi; Edy Arisondha; Ani Kusumaningsih
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 1 (2024): January
Publisher : Adisam Publisher

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Abstract

The Triple Helix Model, fostering collaborative synergy among universities, industries, and government entities, emerges as a fundamental framework for propelling innovation and development within Small and Medium Enterprises (SMEs). This comprehensive literature review meticulously explores the model's historical evolution, delves into its theoretical underpinnings, and examines its practical applications in the unique context of Indonesian SMEs. Dissecting the nuanced roles played by universities, industries, and government entities underscores their collective contribution to shaping a knowledge-based society. A thorough examination of government initiatives, insightful case studies, and the integrative impact of the Triple Helix Model in SME development illuminate the transformative dynamics at play. The discussion extends to encompass methodologies for measuring impact, key performance indicators, and the nuanced influences of regional factors. Anticipated trends and forward-looking recommendations for future research and policy development underscore the model's pivotal role in steering the trajectory of SMEs in Indonesia, establishing them as indispensable contributors to the ever-evolving landscape of innovation and sustainable development.
THE ROLE OF CREATIVITY IN ENTREPRENEURIAL SUCCESS Ani Kusumaningsih; Silvia Ekasari; Adih Supriadi; Titis Nistia Sari; Akbar Tanjung
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 2 (2024): February
Publisher : Adisam Publisher

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Abstract

Creativity is an important element in the entrepreneurial process, forming the foundation for innovative ideas that drive business success. Entrepreneurship is the quality of a person's conscience, character, and will that enables them to creatively bring new ideas into the world. Someone who applies entrepreneurial principles will work independently, by starting their own business and using available resources creatively and innovatively. he approach is a review of the literature using knowledge of earlier studies' data obtained from journals. references on the internet relating to the role of creativity in entrepreneurial success. Based on this study, it was found that success in the world of entrepreneurship really depends on the level of creativity, because creativity functions in driving and developing business. In other words, business progress and success is closely related to the level of innovation that can be produced. A new venture's success can be greatly influenced by its creative energy. Whether it's creating original goods or services or coming up with creative fixes for problems, others' creativity can serve as a catalyst for their own successful entrepreneurship.