The Future of MSMEs in Indonesia: Policy Directions for National Legal Formation in Supporting MSMEs Growth
This research explores the national legal formation policies that support the development of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia, emphasizing their role as critical drivers of economic growth. Using a normative juridical method, the study evaluates recent regulatory reforms, su...
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| Format: | Article |
| Language: | English |
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LPPM Universitas Muhammadiyah Sorong
2025-01-01
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| Series: | Justisi |
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| Online Access: | https://ejournal.um-sorong.ac.id/index.php/js/article/view/3876 |
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| author | Agi Attaubah Hidayat Fachrial Ikhsan Numan Sofari Hafid Utang Rosidin Ardian Agus Permana |
| author_facet | Agi Attaubah Hidayat Fachrial Ikhsan Numan Sofari Hafid Utang Rosidin Ardian Agus Permana |
| author_sort | Agi Attaubah Hidayat |
| collection | DOAJ |
| description | This research explores the national legal formation policies that support the development of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia, emphasizing their role as critical drivers of economic growth. Using a normative juridical method, the study evaluates recent regulatory reforms, such as the introduction of the Business Identification Number (NIB) and incentives for MSME partnerships. These initiatives simplify business formalization and enhance MSME competitiveness. The study applies Inclusive Growth Theory and Economic Analysis of Law (EAL) to propose policy directions that ensure equitable access to resources, digital transformation, and efficient regulatory environments. Recommendations highlight the need for adaptive and collaborative legal frameworks to strengthen MSMEs as pillars of inclusive and sustainable economic growth. |
| format | Article |
| id | doaj-art-ba1a81187b1c48c2910f8580e6188872 |
| institution | Kabale University |
| issn | 1979-7532 2686-0821 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | LPPM Universitas Muhammadiyah Sorong |
| record_format | Article |
| series | Justisi |
| spelling | doaj-art-ba1a81187b1c48c2910f8580e61888722025-02-03T11:02:16ZengLPPM Universitas Muhammadiyah SorongJustisi1979-75322686-08212025-01-0111129931610.33506/js.v11i1.38764165The Future of MSMEs in Indonesia: Policy Directions for National Legal Formation in Supporting MSMEs GrowthAgi Attaubah Hidayat0Fachrial Ikhsan1Numan Sofari Hafid2Utang Rosidin3Ardian Agus Permana4UIN Sunan Gunung Djati BandungUIN Sunan Gunung Djati BandungUIN Sunan Gunung Djati BandungUIN Sunan Gunung Djati BandungPrince of Songkla UniversityThis research explores the national legal formation policies that support the development of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia, emphasizing their role as critical drivers of economic growth. Using a normative juridical method, the study evaluates recent regulatory reforms, such as the introduction of the Business Identification Number (NIB) and incentives for MSME partnerships. These initiatives simplify business formalization and enhance MSME competitiveness. The study applies Inclusive Growth Theory and Economic Analysis of Law (EAL) to propose policy directions that ensure equitable access to resources, digital transformation, and efficient regulatory environments. Recommendations highlight the need for adaptive and collaborative legal frameworks to strengthen MSMEs as pillars of inclusive and sustainable economic growth.https://ejournal.um-sorong.ac.id/index.php/js/article/view/3876msmeslegal formationinclusive growthpolicy reformeconomic efficiency |
| spellingShingle | Agi Attaubah Hidayat Fachrial Ikhsan Numan Sofari Hafid Utang Rosidin Ardian Agus Permana The Future of MSMEs in Indonesia: Policy Directions for National Legal Formation in Supporting MSMEs Growth Justisi msmes legal formation inclusive growth policy reform economic efficiency |
| title | The Future of MSMEs in Indonesia: Policy Directions for National Legal Formation in Supporting MSMEs Growth |
| title_full | The Future of MSMEs in Indonesia: Policy Directions for National Legal Formation in Supporting MSMEs Growth |
| title_fullStr | The Future of MSMEs in Indonesia: Policy Directions for National Legal Formation in Supporting MSMEs Growth |
| title_full_unstemmed | The Future of MSMEs in Indonesia: Policy Directions for National Legal Formation in Supporting MSMEs Growth |
| title_short | The Future of MSMEs in Indonesia: Policy Directions for National Legal Formation in Supporting MSMEs Growth |
| title_sort | future of msmes in indonesia policy directions for national legal formation in supporting msmes growth |
| topic | msmes legal formation inclusive growth policy reform economic efficiency |
| url | https://ejournal.um-sorong.ac.id/index.php/js/article/view/3876 |
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