Dynamics of small and medium industries (IME)

Analysis of the index of IME concentration in Bali Province (2018 – 2023)

Authors

  • Megaria Kurnia Arta Udayana University, Denpasar, Indonesia
  • Ni Made Trisnawati Udayana University, Denpasar, Indonesia
  • Made Kembar Sri Budhi Udayana University, Denpasar, Indonesia
  • Ni Nyoman Reni Suasih Udayana University, Denpasar, Indonesia

Keywords:

Development strategy, SMEs, concentration index

Abstract

The strategic role of small and medium industries (SMEs) in strengthening the industrial structure and contributing to national economic growth, because the SME sector contributes in terms of labor absorption, equitable distribution of welfare and poverty alleviation. The development of SMEs in Bali Province shows a decline and has not been properly classified due to the right SME development strategy. This research aims to produce SME cluster patterns and strategies and development of Small and Medium Industries in Bali Province. The research method used is a concentration index calculation technique, based on secondary data from the Central Statistics Agency and the Bali Provincial Department of Industry and Trade. The results of the study show that Bangli district and Denpasar City have the highest absorption of labor by SMEs. The recommended SME development strategy model is digital marketing training, business capital, number of business actors, and institutional alternatives.

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Published

2024-09-09

How to Cite

Arta, M. K., Trisnawati, N. M., Sri Budhi, M. K., & Suasih, N. N. R. (2024). Dynamics of small and medium industries (IME): Analysis of the index of IME concentration in Bali Province (2018 – 2023). International Journal of Economic Perspectives, 18(7), 1134–1141. Retrieved from http://ijeponline.org/index.php/journal/article/view/618

Issue

Vol. 18 No. 7 (2024)

Section

Peer Review Articles
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Copyright (c) 2024 Megaria Kurnia Arta, Made Kembar Sri Budhi, Ni Nyoman Reni Suasih

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