Tadbir: Journal of Islamic Economics and Management
Vol. 2 No. 2 (2026): TADBIR: Journal of Islamic Economics and Management

Business Feasibility of Micro, Small, and Medium Enterprises (MSMEs) in Strengthening Economic Resilience amid Industrial Development in Nganjuk Regency

Devi Putji Rahayu (Universitas Pangeran Diponegoro Nganjuk)



Article Info

Publish Date
30 Jun 2026

Abstract

The rapid development of industrial areas in Nganjuk Regency has created both opportunities and competitive challenges for Micro, Small, and Medium Enterprises (MSMEs), making business viability a crucial factor for sustaining local economic growth. This study aims to analyze the business viability of MSMEs as a survival strategy in an industrially developing region and to identify the factors influencing their sustainability. A qualitative descriptive approach was employed, with data collected through in-depth interviews, observations, and documentation involving purposively selected MSME owners in Nganjuk Regency. Data were analyzed using the stages of data reduction, data display, and conclusion drawing. The findings indicate that MSMEs remain generally viable due to the availability of local resources, entrepreneurial skills, and stable market demand. However, their growth is constrained by limited managerial capacity, inadequate financial management, low adoption of digital marketing, and restricted access to business capital. The study also reveals that business viability is strengthened by product innovation, digital technology adoption, strategic partnerships, and government support through training, business assistance, and market facilitation. The study concludes that the sustainability of MSMEs depends not only on internal business capabilities but also on the strength of the supporting industrial ecosystem. Therefore, improving managerial competence, expanding digital marketing, enhancing access to finance, and strengthening collaboration among stakeholders are essential to increase MSME competitiveness and ensure long-term business sustainability in industrially developing regions

Copyrights © 2026






Journal Info

Abbrev

jom-es

Publisher

Subject

Religion Humanities Economics, Econometrics & Finance Education

Description

Tadbir: Journal of Islamic Economics and Management is a scientific journal published by the Islamic Economics Study Program, Universitas Pangeran Diponegoro Nganjuk (UPDN Nganjuk), Indonesia. This journal serves as an academic platform for the publication of scientific works in the fields of ...