International Journal of Economics, Business and Innovation Research
Vol. 2 No. 06 (2023): November, International Journal of Economics, Business and Innovation Research

The Efforts To Improve The Welfare of The Community Through The Utilization of The Role of SMEs (Small and Medium Enterprises): -

Arlindo Do Ceu Fatima Lindo (Doctoral Program Faculty of Economics and Business, Universitas Negeri Malang, Indonesia)
Agus Hermawan (Doctoral Program Faculty of Economics and Business, Universitas Negeri Malang, Indonesia)
Naswan Suharsono (Doctoral Program Faculty of Economics and Business, Universitas Negeri Malang, Indonesia)



Article Info

Publish Date
25 Oct 2023

Abstract

This research explores the role of SMEs, both in individual and corporate forms, in enhancing community well-being, particularly in Malang City, Indonesia. The research method employed is a literature study. SMEs have shown strong economic resilience, as evidenced during the 1998 monetary crisis when they survived and even thrived. While many SMEs operate in the culinary sector in Malang City, the utilization of technology remains limited. The research findings indicate that SMEs make a significant contribution to GDP, employment generation, and unemployment reduction, supporting poverty alleviation efforts. Increased community income and purchasing power are also demonstrated through the role of SMEs. To maximize the contribution of SMEs, the government needs to provide support, training, and guidance, including in the utilization of technology, to ensure that the growth of SMEs continues to have a positive impact on community well-being and economic growth.

Copyrights © 2023






Journal Info

Abbrev

IJEBIR

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

International Journal of Economics, Business and Innovation Research (IJEBIR) is a high quality open access peer reviewed research journal. providing a platform for the researchers, academicians, professional, practitioners and students to impart and share knowledge in the form of high quality ...