Technology is a solution for MSMEs Sustainability

Abstract

The Corona virus, which began to emerge at the end of 2019 in China, has so far spread widely throughout the world including Indonesia, where this greatly affects various aspects of human life. Many MSME businesses must close because of the current economic situation. Therefore, MSME owners during the COVID-19 pandemic must start rethinking their business strategy. Because only with innovation, micro, small and medium business owners will be able to survive and continue to be sustainable. One of the innovations is to use technology, namely cloud kitchens that are attached to the use of online applications. During the COVID-19 epidemic, this study looks at the possibility of MSME business owners to adopt Cloud-based technology platforms as their new business model. The data for this study were obtained from 100 MSME owners engaged in the food and beverage sector using quantitative techniques. Data processing using SPSS 22.0 program and path analysis. The research findings reveal that there is a relationship between perceived ease of use and perceived benefits that affect the intention to use/adopt cloud kitchens as their new business model. This study contributes to the intention to adopt small businesses towards technology, namely cloud kitchens for MSME owners. Practical implications for other stakeholders are also presented in this study

The Behavioral Islamic Finance: Conceptual Framework and Literature Review

“…Micro, Small, and Medium Enterprises (MSMEs) are an important part of the economy (Soelton et al, 20223;Sindhwani et al, 2022, Lestari et al, 2022). MSMEs financial management, especially micro and small enterprises (MSEs) has "unique characteristics as it is a transition from personal finance (stairs house) to corporate finance, therefore MSMEs' financial behavior covers two perspectives: personal financial behavior and behavioral corporate finance".…”

PENGARUH PELATIHAN PASTRY & BAKERY SECARA ONLINE TERHADAP MINAT KEWIRAUSAHAAN

“…Pandemi Covid-19 telah menyebabkan kelumpuhan pada berbagai bidang di berbagai daerah di Indonesia (Sanjiwani, 2022). Dampak pandemi di Indonesia mengakibatkan hilangnya pekerjaan, penutupan pabrik, dan penurunan industri pariwisata (N. S. Lestari et al, 2022;Lorenza et al, 2022). Berdasarkan hasil survei yang dilakukan oleh Kementerian Ketenagakerjaan terdapat sekitar 88 persen perusahaan terdampak pandemi atau 9 dari 10 perusahaan di Indonesia mengalami kerugian (Barenbang, 2020).…”

Behavioral Finance of MSME: Digital Finance, Managerial Biases, Financial Literacy

“…Micro, Small and Medium Enterprises (MSMEs) are an important part of the economy (Soelton et al, 20223;Endris & Kassegn, 2022;Lestari et al, 2022;Sindhwani et al, 2022;Rodrigues et al, 2021;Risman & Mustaffa (2022), Risman et al, 2023), because one of the reasons is that MSMEs, especially Micro & Small Enterprises (MSEs), are flexible for various types of business and do not require large amounts of capital, therefore MSEs also have different characteristics from other economic actors, especially large companies (corporations).…”