Smart Economy: The Analysis of Youngpreneurs Development towards the SMEs in East Java Province

Bibliographic Details
Title: Smart Economy: The Analysis of Youngpreneurs Development towards the SMEs in East Java Province
Authors: Dias satria, Joshi Maharani Wibowo, Fatimah Zahro
Source: Jurnal Economia, Vol 20, Iss 1, Pp 95-108 (2024)
Publisher Information: Universitas Negeri Yogyakarta, 2024.
Publication Year: 2024
Collection: LCC:Business
LCC:Economics as a science
Subject Terms: millenial generation, smart economy, smes, Business, HF5001-6182, Economics as a science, HB71-74
More Details: Abstract East Java Province is one area in Indonesia with many potentials in the creative industry sector, especially SMEs. Unfortunately, SMEs growth in East Java Province is relatively slow because most of them still do not use technological tools. The reason is, SMEs is not attractive enough to the millennial generation and are still not digitized. This research was conducted to determine SMEs' potential digitalization to attract the millennial generation's interest in SMEs. The result showed three main obstacles to applying technology tools in the SMEs industry: marketing networking, branding and packaging, and product standardization. Apart from the obstacle, there are also three essential things to increase their interest in SMEs sectors, which are: SMEs community; local materials distribution; and optimization of the entrepreneurial mindset. A smart economy strategy can become a long-term economic investment to overcome every obstacle and stimulate the growth and Youngpreneur interest in the SMEs industry. Keywords:Millenial Generation, Smart Economy, SMEs
Document Type: article
File Description: electronic resource
Language: Indonesian
ISSN: 1858-2648
2460-1152
Relation: https://journal.uny.ac.id/index.php/economia/article/view/36616; https://doaj.org/toc/1858-2648; https://doaj.org/toc/2460-1152
DOI: 10.21831/economia.v20i1.36616
Access URL: https://doaj.org/article/d2480c91737a4a66ad70865f6df761d6
Accession Number: edsdoj.2480c91737a4a66ad70865f6df761d6
Database: Directory of Open Access Journals
More Details
ISSN:18582648
24601152
DOI:10.21831/economia.v20i1.36616
Published in:Jurnal Economia
Language:Indonesian