Strategic Partnership Ecosystem for Sustainable Superior Performance for MSMEs

DOI

10.2991/978-94-6463-234-7_179How to use a DOI?

Keywords

Strategic Partnership Ecosystem; Superior Performance

Abstract

This paper extends the strategic partnership ecosystem theory by testing how aspects of the local business environment affect micro, small medium enterprises into superior sustainable performance. The background of the research begins with changes in the global, domestic and regional strategic environment that have a massive impact on the business sustainability of MSMEs. The current condition of the competitiveness of MSMEs in Tasikmalaya City still varies between sectors. Market access is not optimal both online and offline, digitization in the MSME sector is not optimal, MSME data and policies have not been integrated, financing gaps and MSME capabilities, as well as digital literacy and public financial inclusion, are still relatively low. Amid protectionism and nationalism of each country’s products, rising world commodity and food prices, increasing concerns regarding sustainable eco-development, alternating geopolitical risks and the risk of taper tantrums, and the potential for uneven economic recovery in developed markets and emerging markets in the global environment, accompanied by changes in the strategic environment. Domestic and regional economies, such as the economy in Indonesia, are still in the recovery stage. Interest rates are still relatively low, and the widespread use of e-commerce, marketplaces, digitization, and the enactment or application of the Job Creation Law is challenging to the sustainability of MSME businesses.

Expectations for the contribution of MSMEs to the economy through increased turnover, digitalization that supports productivity, financing, market expansion, and MSME data integration, as well as achieving digital literacy and financial inclusion targets nationally. The research method used is a qualitative approach and contextual techniques regarding the transfer of knowledge that occurs in the strategic partnership ecosystem. This research was conducted in the City of Tasikmalaya with a focus on MSMEs’ leading commodities.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Irvan Husein Kusumah
AU  - Agus Rahayu
AU  - Vanessa Gaffar
AU  - Lili Adiwibowo
PY  - 2023
DA  - 2023/09/29
TI  - Strategic Partnership Ecosystem for Sustainable Superior Performance for MSMEs
BT  - Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)
PB  - Atlantis Press
SP  - 1705
EP  - 1710
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-234-7_179
DO  - 10.2991/978-94-6463-234-7_179
ID  - Kusumah2023
ER  -