International Journal of Artificial Intelligence Research
Vol 6, No 1.1 (2022)

The Digital Economy's Role in the Survival and Growth of Micro, Small, and Medium Enterprises in the New Normal Era

Rahman, Abdul (Unknown)
Hakim, Maksud (Unknown)
Idrus, Idrus (Unknown)



Article Info

Publish Date
08 Oct 2024

Abstract

The new normal era is a time for the government and society to resolve economic issues at all societal levels. One of them is to revitalize the SMB sector, a pillar of the national economy that has been impacted by this pandemic. One of the initiatives is to capitalize on the digital economy. Consequently, the purpose of this study is to determine the impact of the Digital Economy on the Resilience and Growth of Micro, Small, and Medium-Sized Businesses in the New Normal Era. This study employs a qualitative, descriptive methodology. The results demonstrate that the digital economy plays a crucial role in the development of MSMEs in the new normal since it is very resilient during a recession. The role of the digital economy for micro, small, and medium-sized enterprises can be evident when they conduct e-commerce with cashless payments or use digital wallets to avoid government-prohibited face-to-face interactions. In addition, the role of the digital economy is extremely beneficial for MSME actors in terms of expanding the market, and saving money, energy, and time, which will ultimately be to their advantage.

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Journal Info

Abbrev

IJAIR

Publisher

Subject

Computer Science & IT Electrical & Electronics Engineering

Description

International Journal Of Artificial Intelligence Research (IJAIR) is a peer-reviewed open-access journal. The journal invites scientists and engineers throughout the world to exchange and disseminate theoretical and practice-oriented topics of Artificial intelligent Research which covers four (4) ...