International Research Journal of Business Studies (E-Journal)
Vol 14, No 3 (2021): December 2021 - March 2022

Inhibitors Element of Bumdes in Promoting Rural Resilience in Indonesia

Muhammad Setiawan Kusmulyono (School of Business and Management, Institut Teknologi Bandung, Jl. Ganesa No.10, Lb. Siliwangi, Kecamatan Coblong, Kota Bandung, Jawa Barat 40132)
Wawan Dhewanto (School of Business and Management, Institut Teknologi Bandung, Jl. Ganesa No.10, Lb. Siliwangi, Kecamatan Coblong, Kota Bandung, Jawa Barat 40132)
Melia Famiola (School of Business and Management, Institut Teknologi Bandung, Jl. Ganesa No.10, Lb. Siliwangi, Kecamatan Coblong, Kota Bandung, Jawa Barat 40132)



Article Info

Publish Date
27 Jan 2022

Abstract

Rural has become a prime headline for Indonesia’s development since the enactment of the Rural Act. Since the ratification, rural governments in Indonesia have more authority to manage their village economy through the establishment of a Bumdes. Unfortunately, although several Bumdes show good performance, most have problems that hamper their growth. This article stems from the researchers’ desire to observe the contribution of entrepreneurial activities in the village to rural resilience. This research applied qualitative research by interviewing rural stakeholders in nine Bumdes. The findings of the study indicate that low commitment from village heads and Bumdes directors, low motivation from Bumdes management, inadequate business knowledge from Bumdes management, rural political dynamics, and fluctuations in community participation are all obstacles to Bumdes' ability to promote rural resilience. This research demonstrates that in order to attain rural resilience, Bumdes requires a more holistic strategy to promote stakeholder attachment. https://doi.org/10.21632/irjbs.14.3.257-266

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Journal Info

Abbrev

jurnalirjbs

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

International Research Journal of Business Studies (IRJBS), with registered number ISSN 2089-6271 (Print) and ISSN 2338-4565 (Online), is an open access and peer-reviewed scientific journal published by Prasetiya Mulya Publishing, Universitas Prasetiya Mulya. IRJBS published three times a year ...