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ANALYSIS OF THE INFLUENCE OF FOREIGN DIRECT INVESTMENT, LABOR PRODUCTIVITY AND TECHNOLOGY ON ECONOMIC GROWTH Loso Judijanto; Nijma Ilma, Ajeng Faizah; Sastra Waskita, Gautama
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 8 (2024): August
Publisher : Adisam Publisher

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Foreign investment, labor productivity and technology are key factors that can significantly influence economic growth. An important factor in a nation's economic development is foreign direct investment. This involves investing foreign assets into domestic structures, equipment, and organizations. Research on the Indonesian economy shows that FDI has a significant impact on economic growth. FDI can also increase the productivity and macroeconomic stability of the recipient country so that this source of funds is considered to have great potential as a driving force for the economy and is believed to be relatively safe for a country because it is a long-term investment. Macroeconomic indicators like unemployment, pricing levels, and economic growth can be used to assess a nation's economic performance. Economic growth is mostly driven by labor productivity. Therefore, policies and strategies that aim to increase productivity are essential for achieving sustained and inclusive economic development. The influence of technology on economic growth can be seen from various perspectives. Based on available information, technology has a significant impact in driving a country's economic growth.

Integrating Sustainable Development Goals into Coffee Shop Operations: Insights from Kedai Kosim, Indonesia Waskita, Gautama Sastra; Ashari, Denny Rakhmad Widi; Al Haris, Mohammad Basid; Rifa’i, Akhmad; Eldon, Mokhamad
SINDA: Comprehensive Journal of Islamic Social Studies Vol 4 No 3 (2024): Volume 4, Nomor 3 Desember 2024
Publisher : Universitas Nahdlatul Ulama Blitar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28926/sinda.v4i3.1683

Integrating Sustainable Development Goals into Coffee Shop Operations: Insights from Kedai Kosim, Indonesia The integration of Sustainable Development Goals (SDGs) into small business operations remains a significant challenge, particularly for coffee shop entrepreneurs in developing countries like Indonesia. This study aims to explore how SDGs, specifically SDG 12 (Responsible Consumption and Production), SDG 13 (Climate Action), and SDG 8 (Decent Work and Economic Growth), are integrated into the operations of Kedai Kosim, a coffee shop in Tulungagung, Indonesia. Using a qualitative autoethnographic approach, the researcher immersed themselves in the business’s operations to analyze sustainability practices. The findings reveal that Kedai Kosim successfully incorporates sustainability into its daily operations by reducing waste, implementing energy-efficient technologies, and fostering local economic growth through fair trade practices. Despite initial challenges, such as high upfront costs for sustainable technologies, the business benefits from enhanced customer loyalty and long-term cost savings. The study highlights the potential for small businesses to contribute to sustainable development, offering practical insights for other coffee entrepreneurs and policymakers. Future research should explore the quantitative impacts of SDG integration and investigate the role of technology in supporting sustainable practices.

From Words to Actions: Exploring How e-WOM Drives Green Consumer Decisions in the Digital Age Waskita, Gautama Sastra; Ashari, Denny Rakhmad Widi; Eldon, Mokhamad; Utami, Artanty
SINDA: Comprehensive Journal of Islamic Social Studies Vol 4 No 3 (2024): Volume 4, Nomor 3 Desember 2024
Publisher : Universitas Nahdlatul Ulama Blitar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28926/sinda.v4i3.1750

In the digital age, electronic word-of-mouth (e-WOM) has emerged as a pivotal factor influencing green consumer behavior and repurchase intentions. However, the role of e-WOM in shaping sustainable purchase decisions remains underexplored, especially in the context of the green brands. This study aims to explore how e-WOM impacts consumer perceptions of green brands and the factors that drive sustainable purchasing decisions. Using an autoethnographic approach, the research reflects on personal experiences with e-WOM and examines its influence on green consumer behavior. The findings reveal that e-WOM not only provides valuable information but also fosters emotional engagement, trust, and social influence, which play a significant role in driving both initial purchases and long-term repurchase intentions. This study highlights the need for businesses to incorporate authentic e-WOM strategies into their green marketing efforts, focusing on transparency and consumer trust. The results offer practical insights for marketers seeking to leverage digital platforms in promoting sustainable products while also contributing to the broader theoretical understanding of sustainable consumer behavior. Future research could explore the long-term impact of e-WOM and examine its role across diverse cultural contexts.

Turning Trash into Treasure: Waste Banks Driving Circular Economy Through Coffee, Plastic, and Oil Waste Management Waskita, Gautama Sastra
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 3 No. 2 (2025): February
Publisher : Adisam Publisher

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Waste management is a critical challenge in Indonesia, where plastic waste, coffee waste, and used cooking oil contribute significantly to environmental pollution. This study explores the potential of waste banks to integrate these diverse waste streams into a cohesive circular economy framework. The research aims to assess the operational, environmental, and socio-economic benefits of waste banks that manage coffee waste, plastic waste, and used cooking oil in Indonesia. A qualitative research design, including case studies, interviews, and focus group discussions, was employed to gather insights from waste bank operators, community members, and experts. The findings reveal that waste banks can successfully diversify their operations by recycling plastics, composting coffee waste, and converting used cooking oil into biodiesel. This integrated approach contributes to waste reduction, environmental sustainability, and community empowerment through green job creation. However, challenges such as limited infrastructure, policy support, and community awareness remain barriers to full implementation. The study recommends policy development, investment in technology, and enhanced community engagement to optimize waste bank operations and promote circular economy practices.

SELLING IN SECONDS: A PHENOMENOLOGICAL EXPLORATION OF SHORT VIDEO MARKETING ON INSTAGRAM REELS IN ENTREPRENEURIAL VENTURES Waskita, Gautama Sastra; Ashari, Denny Rakhmad Widi; Rifa’i, Akhmad; Al Haris, Mohammad Basid
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 3 No. 3 (2025): March
Publisher : Adisam Publisher

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The growing prominence of short video content in digital marketing highlights its potential as a powerful tool for entrepreneurial ventures to engage audiences and drive business outcomes. However, limited research explores how entrepreneurs navigate the unique affordances of platforms like Instagram Reels, particularly in resource-constrained environments. This study aims to investigate the role of short video marketing in entrepreneurial ventures by employing a qualitative phenomenological approach. Data were collected through in-depth interviews with entrepreneurs and analysed thematically to uncover key insights. The findings reveal three dominant themes: creativity and storytelling, strategic resource allocation, and audience engagement dynamics. Entrepreneurs utilized platform-specific features, such as algorithmic amplification and built-in editing tools, to craft compelling narratives and maximize marketing impact. Despite challenges such as algorithm variability, short videos emerged as cost-effective, accessible tools for enhancing brand visibility and consumer interaction. These results contribute to the theoretical discourse on platform affordances and entrepreneurial marketing while providing practical strategies for entrepreneurs to optimize their digital marketing efforts. The study underscores the need for future research on cross-platform dynamics, cultural variations, and the integration of emerging technologies. Implications for entrepreneurship training and policymaking highlight the critical role of short video marketing in shaping the future of digital entrepreneurship.

Sharia-Based Human Capital Development: A Literature Review on Character Building For Islamic Banking Competitiveness Ashari, Denny Rakhmad Widi; Hidayati, Atina; Al Haris, Mohammad Basid; Pambudi, Setyoadi; Waskita, Gautama Sastra
Jurnal At-Tamwil: Kajian Ekonomi Syariah Vol. 7 No. 2 (2025): Jurnal At-Tamwil September 2025
Publisher : Universitas Islam Tribakti Lirboyo Kediri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33367/at-tamwil.v7i2.8010

Purpose – This study aims to examine the integration of Sharia values in human resource character building within Islamic banking institutions. The research highlights the importance of developing Islamic character-based human capital as a strategic foundation for achieving sustainable competitiveness in the Islamic banking industry. The study is motivated by the increasing need to align human resource strategies with Sharia principles to ensure both compliance and differentiation in the financial sector. Methods – The research uses a qualitative approach using a literature review of academic articles, reports, and policy documents published in the last decade. Content analysis was conducted to identify recurring themes, conceptual frameworks, and strategic implications of Sharia-based human capital development. Findings – The study reveals that Islamic character building, rooted in Sharia values such as Shiddiq, Amanah, Tabligh, and Fathanah, has a significant contribution to the development of trustworthy, competent, and value-driven employees. These values foster customer trust, strengthen organizational culture, and enhance the competitive advantage of Islamic banks. However, challenges remain in terms of practical implementation, organizational commitment, and balancing technical competencies with ethical-spiritual development. Research Limitations – As a literature-based study, the findings are conceptual and may not fully capture empirical variations across different Islamic banking institutions. Future research should include case studies or empirical validation to test the applicability of the proposed framework in diverse contexts. Value – This study contributes to the field of Applied Islamic Finance by providing a conceptual framework that links Sharia-based human capital development with sustainable competitiveness in Islamic banking. It highlights the strategic role of Islamic character building as a differentiating factor that cannot be easily replicated by conventional banks.

Peran Pesantren Dalam Mengembangkan Ekonomi Islam Rifa’i, Akhmad; Ashari, Denny Rakhmad Widi; Al Haris, Mohammad Basid; Pambudi, Setyoadi; Waskita, Gautama Sastra
SINDA: Comprehensive Journal of Islamic Social Studies Vol 4 No 1 (2024): Volume. 4 Nomor 1 April 2024
Publisher : Universitas Nahdlatul Ulama Blitar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28926/sinda.v4i1.1420

Fokus penelitian ini adalah kemungkinan, peran, pendukung, dan penghambat pertumbuhan ekonomi Islam di masyarakat, khususnya di Pondok Pesantren. tidak hanya mendapatkan pendidikan agama, tetapi juga mendapatkan keterampilan dan keahlian yang diperlukan untuk memberdayakan ekonomi masyarakat. Studi ini berfokus pada Pondok Pesantren Kerja ABA Tulungagung dan Darul Huda Blitar. Untuk memastikan validitas data, metode kualitatif digunakan untuk mengumpulkan data melalui wawancara dan triangulasi. Hasil penelitian menunjukkan bahwa pondok pesantren memiliki peran, potensi, dan dukungan dalam membangun ekonomi Islam masyarakat. Namun, hambatan utamanya adalah kurangnya komunikasi karyawan, kurangnya kerja sama masyarakat, dan kekurangan ahli ekonomi Islam

PELAKSANAAN GERAKAN INFAQ HARIAN SEBAGAI SARANA EDUKASI FILANTROPI ISLAM PADA SISWA SDN KEPANJEL KIDUL 1 KOTA BLITAR Rifa’i, Akhmad; Rakhmad widi Ashari, Denny; Basid Al Haris , Mohammad; Sastra Waskita, Gautama
Izdihar: Jurnal Ekonomi Syariah Vol. 5 No. 02 (2025): Oktober
Publisher : Universitas KH. A. Wahab Hasbullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32764/izdihar.v5i02.6488

The phenomenon of declining social concern among the younger generation highlights the growing importance of instilling character education based on religious values from an early age. One form of implementing these values is the daily infaq movement carried out in elementary schools. This study was conducted at SDN Kepanjenkidul 1, Blitar City, which regularly organizes an infaq program every Friday along with a daily savings activity managed by classroom teachers. The program functions not only as a social activity but also as an educational medium for Islamic philanthropy that is relevant to students’ character formation. This research employed a descriptive qualitative approach. The subjects consisted of 70 students (34 boys and 36 girls) and 8 teachers. Data were collected through observation, interviews, and documentation, then analyzed using the interactive analysis model of Miles & Huberman, which includes data reduction, data display, and conclusion drawing.The findings indicate that the daily infaq activity generates an average fund of IDR 24,000–30,000 per week, managed simply yet transparently by the classroom teachers. Moreover, the daily savings program contributes to training students in personal financial management and promoting a thrifty lifestyle. Teachers perceive this activity as effective in developing caring attitudes, a spirit of sharing, and a sense of togetherness among students.Thus, the implementation of the daily infaq movement at SDN Kepanjenkidul 1, Blitar City, has proven to be not only socially beneficial but also educationally significant. This program successfully internalizes religious, social, economic, and character values simultaneously, making it a potential model for Islamic philanthropic education in elementary schools

Compensatory Consumption and Urban Coffee Culture in Indonesia: A Qualitative Exploration of Emotional, Social, and Identity Motives Eldon, Mokhamad; Sastra Waskita, Gautama
Synergy in Economic & Business Management Vol. 2 No. 1 (2025): Article in Progress
Publisher : Kreatif Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.2222/f6wmdr39

This study examines the growing phenomenon of compensatory consumption within Indonesia’s rapidly expanding urban coffee culture, where consumers increasingly use café experiences to cope with emotional pressures, social expectations, and identity negotiations in modern city life. The research aims to explore the emotional, social, and symbolic motives driving coffee shop visits and how these motives shape consumption behaviors. Using a qualitative exploratory design, data were collected through in-depth interviews and participant observation across several urban specialty coffee shops in Indonesia. The findings reveal that consumers use coffee consumption as a mechanism for stress relief, social bonding, self-expression, and identity construction, positioning cafés as symbolic spaces that offer psychological compensation beyond functional product value. The study contributes to the existing literature by extending compensatory consumption theory to a Southeast Asian context and offers practical implications for coffee entrepreneurs in designing emotionally resonant and identity-centered customer experiences.

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