Jurnal Penelitian Ekonomi dan Bisnis
Vol 7, No 2 (2022): Jurnal Penelitian Ekonomi dan Bisnis

People’s Economic Development Model based on Micro, Small, and Medium Enterprises (MSMEs) during Covid19

Nurul Istiqomah (Fakultas Ekonomi Universitas Sebelas Maret Surakarta)
Izza Mafruhah ([SCOPUS ID:57195231669] Fakultas Ekonomi Universitas Sebelas Maret Surakarta)
Leni Noviani (Fakultas Ekonomi Universitas Sebelas Maret Surakarta)
Leon Akbar (Fakultas Ekonomi Universitas Sebelas Maret Surakarta)
Dewi Ismoyowati (Fakultas Ekonomi Universitas Sebelas Maret Surakarta)

Article Info

Publish Date
30 Sep 2022


The aims of this study are analyzes the MSMEs business cycle based on the types of business in the COVID-19 pandemic, analyzes the supporting aspects in supporting the working system for MSMEs before and during the COVID-19 Pandemic, and analyzes MSMEs immunity. The findings of these three objectives will be used to formulate the MSME-based People's Economic Development Model. This study used a mixed method with a sequential explanatory model, where the researcher uses quantitative and qualitative methods sequentially. The quantitative method was carried out by analyzing the business cycle to determine the types of business according to the stages: peak, recession, depression or recovery so as to provide an overview of the pattern of MSME development. Result of this study are the MSMEs conditions during the COVID-19 pandemic can be divided into 4 quadrants: quadrant 1 Unable to market and unable to produce; quadrant 2, able produce but unable to market; quadrant 3, unable to produce but able to market; quadrant 4, able to produce and market. The role of stakeholders is divided into five actors, namely academics, business, government, society and mass media. The five actors together have their respective contributions to the development of MSMEs during the pandemic.Key words : MSME, Covid19, imunity, development model

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Journal Info





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


JPEB is a periodical publication (two times a year, in March and September) with the primary objective to disseminate scientific articles in the fields of management, economics, accounting, and islamic economics. JPEB is accept your manuscript both written in Indonesian or ...