Opportunities and Challenges of Digital Economy for Micro, Small, and Medium Enterprises Facing Pandemic Covid-19 in Indonesia: A Case Study
- DOI
- 10.2991/aebmr.k.220209.012How to use a DOI?
- Keywords
- Covid-19 Pandemic; Digital Economy; Micro, Small, and Medium Enterprises; SWOT Analysis
- Abstract
This article intends to examine the problems, potential, and challenges that Micro, Small, and Medium Enterprises face in coping with Pandemic COVID-19 in Indonesia, particularly in the Kulon Progo Regency, through the Digital Economy. The digital economy is predicted to promote product and service competitiveness. Indonesia has a Micro, Small, and Medium Enterprises sector that can serve as the backbone of the country’s economy and aid in its recovery, despite the economic volatility created by the Covid-19 outbreak. The SWOT analysis suggests that digital use is the most important issue for Micro, Small, and Medium Enterprises in Kulon Progo Regency. According to the survey, only 13% of Micro, Small, and Medium Enterprises use technology to run their enterprises. The digital economy’s strength has been demonstrated to be valuable, and its application can improve communication skills, interpersonal skills, and company operations and performance of Micro, Small, and Medium Enterprises.
On the other hand, the flaws are facilities that address the issue of restricted knowledge among players in Micro, Small, and Medium Enterprises. While the possibilities are numerous, many natural resources; many governments’ productive human resources; many partners working together to create MSMEs; more than one featured product Furthermore, the use of the digital economy aids in the development of a country’s economy. Finally, market availability is diminished by imported products of superior quality and are often even cheaper. It is a challenge for Micro, Small, and Medium Enterprises, and the government should create a favorable trading environment for them.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Helen Dian Fridayani AU - Muhammad Iqbal AU - Li-Chung Chiang AU - Mardha Adhi Pratama AU - Muhammad Eko Atmojo PY - 2022 DA - 2022/03/01 TI - Opportunities and Challenges of Digital Economy for Micro, Small, and Medium Enterprises Facing Pandemic Covid-19 in Indonesia: A Case Study BT - Proceedings of the International Conference on Public Organization (ICONPO 2021) PB - Atlantis Press SP - 83 EP - 89 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220209.012 DO - 10.2991/aebmr.k.220209.012 ID - Fridayani2022 ER -