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Economy in Indonesia Domestic Economic Resilience Through UMKM Rahel Khozinatul Asror; Eloh Bahiroh
Indonesian Journal of Interdisciplinary Research in Science and Technology Vol. 2 No. 1 (2024): January 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/marcopolo.v2i1.7293

Abstract

Micro, Small and Medium Enterprises  as pillars of the Indonesian economy have had a very significant impact in facing the economic downturn due to the prolonged Covid-19 pandemic. The resilience of UMKM in a crisis will affect the survival of UMKM, so appropriate strategies are needed to strengthen the resilience of UMKM. Some of the main problems faced by MSMEs in Indonesia during the pandemic are decreasing income, changes in consumer behavior, low levels of digitalization readiness, and financial aspects which are the main problems during the pandemic. Entrepreneurial characteristics, use of technology, and government support play an important role in strengthening the resilience of UMKM.