Work

The Role of External Assistance in Enhancing the Innovation Capacity to MSMEs in West Java, Indonesia

Year: 2023
Type: article
Abstract: This article examines the impact of MSMEs on economic development in Depok City, Indonesia. The study uses a combination of literature review and data analysis from observations. The results show that MSMEs can increase GDP, but many MSMEs are not aware of or do not take advantage of available programs and consulting services. The researchers suggest a more detailed and comprehensive approach, to improve the effectiveness of external assistance programs including the establishment of clinic offices in each region, increased exposure through roadshows and collaboration with local businesses, and capital assistance. The Indonesian government has launched various initiatives to aid MSMEs, as more investigation is required to comprehend the reasons behind their limited economic expansion and output.
Language: English
Open Access status: green
OpenAlex ID: W4385964097
FWCI: 0.316
Cites:
Cited by: 1
Related to: 10