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Sustaining innovation: How financial investment shapes patent creation in leading economies? Gatari, Altis Puspa; Lubis, Firsty Ramadhona Amalia; Khoirudin, Rifki; Az Zakiyyah, Nurul Azizah; Kurniawan, Mahrus Lutfi Adi; Salim, Agus
Jurnal Ekonomi & Studi Pembangunan Vol. 25 No. 2: October 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i2.26366

Abstract

This study aims to analyze the role of liquidity in promoting patent-based innovation in the 10 countries with the highest innovation rates during the period 2012-2021. Using secondary data from the World Development Indicators (WDI), World Intellectual Property Organization (WIPO), and World Integrated Trade Solution (WITS), this study applies panel data regression method with Seemingly Unrelated Regression (SUR) approach to identify the influence of economic variables on the number of patents. The independent variables analyzed include equity x high technology, credit x high technology, industrial value added, exports, and liquidity. The results show that high-tech-based equity and credit have a significant influence on increasing the number of patents, while exports and liquidity do not show a meaningful influence. Value-added was also shown to have a significant contribution to innovation. These findings indicate that funding stability and long-term investment in research and development (R&D) determine innovation success more than the level of liquidity of the firm. Therefore, government policies and funding strategies should focus on improving access to high-tech-based financing as well as incentivizing R&D activities to foster a sustainable innovation ecosystem.
Strategy And Optimization of the Role of Productive Waqf in People’s Economic Empowerment Gatari, Altis Puspa; Zuhairoh, Saffaanah; Darokah, Husna Enggar Dani; Putra, Budi Jaya; Lubis, Ramadhona Amalia; Kurniawan, Mahrus Lutfi Adi
Journal of Islamic Economics and Philanthropy Vol. 7 No. 3 (2025): February
Publisher : Universitas Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jiep.v7i3.12784

Abstract

Waqf is an Islamic economic instrument that has great potential in supporting social and economic development. However, in Indonesia, waqf management is still not optimal, with most waqf assets not being utilized productively. This article analyzes the strategy and optimization of productive waqf in community economic empowerment, highlighting the challenges faced and innovative solutions that can be applied. The research method used is a literature study with a qualitative approach. The results show that effective strategies to maximize productive waqf include strengthening regulations, increasing the capacity of nadzir, integration with Islamic financial institutions, and implementing waqf-based business models. Case studies from various countries show that well-managed waqf can have a significant economic impact, including in the education, health and micro-enterprise sectors. This study concludes that with the implementation of appropriate strategies, productive waqf can be an important instrument in economic empowerment and improving the welfare of the community, as well as supporting sustainable economic development.
UMKM Go Digital: Memanfaatkan Fintech dan Sumber Pendanaan untuk Ekspansi Bisnis Lubis, Firsty Ramadhona Amalia; Az zakiyyah, Nurul Azizah; Sukarniati, Lestari; Basia, Lusmino; Cholida, Maya Nur; Apriliana, Dwi; Gatari, Altis Puspa; A'yun, Indanazulfa Qurrota; Nasir, Muhammad Safar
Ahsana: Jurnal Penelitian dan Pengabdian kepada Masyarakat Vol. 3 No. 2 (2025): Juni 2025 - Ahsana: Jurnal Penelitian dan Pengabdian kepada Masyarakat
Publisher : Indonesian Scientific Journal

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59395/ahsana.v3i2.393

Abstract

Pelatihan bertema "UMKM Go Digital: Memanfaatkan Fintech dan Sumber Pendanaan untuk Ekspansi Bisnis bertujuan untuk mendorong transformasi digital pada pelaku usaha mikro, kecil, dan menengah (UMKM) melalui pendekatan terpadu literasi keuangan dan pemanfaatan teknologi. Kegiatan pelatihan melibatkan kombinasi teori dan praktik pengelolaan media sosial, serta penggunaan Excel untuk pencatatan keuangan. Hasil dari pelatihan ini menunjukkan bahwa Toko Roti Marauleng berhasil memahami menerapkan pencatatan keuangan yang terstruktur. Transformasi ini tidak hanya meningkatkan efisiensi operasional dan pemisahan keuangan pribadi dan usaha, tetapi juga  berkontribusi dalam memperkuat daya saing serta kesiapan UMKM dalam memanfaatkan fintech dan akses pendanaan untuk ekspansi bisnis yang berkelanjutan.
Characteristics and Design of Islamic Economy Putra, Budi Jaya; Gatari, Altis Puspa
Journal of Multidisciplinary Sustainability Asean Vol. 1 No. 2 (2024)
Publisher : Yayasan Adra Karima Hubbi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70177/ijmsa.v1i2.1099

Abstract

Background. Islamic economics is an economic system rooted in sharia principles, emphasizing justice, social welfare, and ethical business practices. In recent years, there has been a growing interest in understanding and implementing Islamic economic principles as an alternative to conventional economic systems. Purpose. The primary aim of this research is to design and build a comprehensive Islamic economic framework. By examining both classical and contemporary literature, this study seeks to identify fundamental concepts and practices that define Islamic economics and explore how these can be applied in today's economic environment. Method. The research utilizes a library research method, which involves extensive literature review. Data collection was conducted by searching written sources such as academic books, scholarly journals, articles from online databases, and official documents. Results. The study found that Islamic economics provides a sustainable and ethical alternative to conventional economic systems. The proposed Islamic economic framework emphasizes distributive justice, inclusive economic participation, and responsible resource management. The research highlights how these principles can be applied in modern contexts, addressing challenges and ensuring alignment with sharia principles. Conclusion. The study concludes that the Islamic economic framework offers a viable and ethical alternative to conventional economic models, promoting fairness and social welfare. It also suggests several recommendations for integrating these principles into national economic policies to ensure more effective implementation.