scholarly journals Crowdfunding-Based Fiduciary Warrant in Providing Capital Loans for Small and Medium Enterprises

2020 ◽  
Vol 6 (3) ◽  
pp. 224
Author(s):  
Ninis Nugraheni
Keyword(s):  
Natural Resources ◽  
Small And Medium Enterprises ◽  
Legal Protection ◽  
Legal Norms ◽  
Organizational Issues ◽  
Production Processes ◽  
Medium Enterprises

Small and Medium Enterprises (SMEs) are organized through people's creativity in developing human and natural resources. However, investment challenges often affect their implementation and production processes, necessitating solutions, such as capital loans from banks and other entities. Crowdfunding is an online loaning service that provides easily accessible loans to SME startups, though a warrant to protect creditors from losing money to ingenuine people is necessary. Therefore, this study examines the appropriateness of a fiduciary warrant as a SMEs collateral object. When fiduciary is used as a loan warrant, debtors are allowed to use collateral objects in their production processes. To make a fiduciary warrant effective, legal protection is required. This study used juridical-normative that relied on legal norms in legislation and court verdicts dealing with societal organizational issues. The results showed that crowdfunding-based credit is an alternative with more straightforward procedures compared to conventional entities.

scholarly journals Workshop Kekayaan Intelektual sebagai Upaya Peningkatan Pemahaman dalam Rangka Pengenalan dan Perlindungan Indikasi Geografis Minyak Kayu Putih Namlea Pulau Buru

2021 ◽  
Vol 1 (2) ◽  
pp. 94
Author(s):  
Muchtar Anshary Hamid Labetubun ◽  
Rory Jeff Akyuwen ◽  
Theresia Nolda Agnes Narwadan
Keyword(s):  
Natural Resources ◽  
Small And Medium Enterprises ◽  
Legal Protection ◽  
Geographical Indications ◽  
Geographical Indication ◽  
Legal Certainty ◽  
Department Of Agriculture ◽  
Eucalyptus Oil ◽  
Main Requirement ◽  
Medium Enterprises

Introduction: Indonesia is a country that has many natural resources that have the potential to be related to Geographical Indications, one of which is Putiah Wood Oil originating from Buru Island.Purposes of Devotion: To provide efforts to increase understanding in the context of the introduction and protection of Geographical Indications of Eucalyptus Oil on Buru Island. Method of Devotion: The method used in this activity is in the form of a workshop for the Office of Cooperatives, the Department of Tourism, the Department of Industry and Trade, the Department of Fisheries, the Department of Agriculture and Micro, Small and Medium Enterprises in Namlea, Buru Regency through material presentation and questions and answers.Results of the Devotion: Eucalyptus Oil until now has not Registered as a Geographical Indication product. If this is allowed, it is possible that at one time there could be disputes related to unilateral claims or public deception. Eucalyptus Oil on Buru Island has the potential to be protected as a Geographical Indication and provides legal certainty for Eucalyptus Oil if registration is the main requirement for Wood Oil to obtain legal protection.

Electronic Commerce Opportunities, Challenges and Organizational Issues for Australian SMEs

2011 ◽  
pp. 297-314
Author(s):  
Mohini Singh
Keyword(s):  
Electronic Commerce ◽  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Process Reengineering ◽  
The Internet ◽  
Organizational Issues ◽  
Integrated Environment ◽  
Technological Developments ◽  
Research Findings ◽  
Medium Enterprises

Australian small businesses are increasingly adopting the Internet and the World Wide Web as a medium of doing business to reach new customers and suppliers, cut costs and expand business. They also use it to enhance communication between buyers and suppliers. This chapter discusses the findings of an exploratory study in Australia that identified the objectives, opportunities and challenges of e-commerce experienced by small businesses that were mostly early adopters of the Internet as a medium of trade. E-commerce issues presented in this chapter include research findings, supported by theory from literature. Electronic commerce opportunities, challenges and organizational learning by small and medium enterprises (SMEs) in Australia indicate that small businesses have created value with e-commerce, although benefits are long term and dependent on a plethora of technological, business and management issues that need to be addressed. Due to the fast-evolving nature of e-business and technological developments that are new to many small businesses, challenges such as managing the expanded flow of information, cross-border taxation, authentication, trust and security, as well as the high costs of acquiring the required technologies and skills, are prevalent. Other challenges of e-commerce range from Web site maintenance to business process reengineering for an integrated environment. Research findings also highlight the fact that small businesses need formal methods of evaluating the performance of e-commerce to realize the benefits of investment and to further expand their e-commerce venture.

scholarly journals Potret Kinerja UMKM Sepatu Di Bogor Dalam Berkompetisi Pada Perekonomian Di Indonesia

2018 ◽  
Vol 6 (2) ◽  
pp. 102-108
Author(s):  
Gen Gen Gendalasari ◽  
Triandi Triandi
Keyword(s):  
Gross Domestic Product ◽  
Production Process ◽  
Production Control ◽  
Small And Medium Enterprises ◽  
Business Management ◽  
Production Capacity ◽  
Production Equipment ◽  
Production Processes ◽  
Equipment Production ◽  
Medium Enterprises

The contribution of the micro, small and medium enterprises sector to gross domestic product increased from 57.84 percent to 60.34 percent in the last five years. Uptake of labor in this sector also increased, from 96.99 percent to 97.22 percent in the same period. (http://www.kemenperin.go.id, 2018), Problems with MSMEs vary, especially for shoe MSMEs. The purpose of this study, 1) What is the performance of MSME shoes in Bogor; 2) What is the model of coaching that can be developed for MSME actors The results of the study show that 1) based on evaluation it is known that the attributes of the production process, production equipment, production control, buildings and facilities, markets, quality standardization, business management, capital, and promotion require improvement. Difficulties in terms of capital make the company still survive with conventional and manual technology, so that production capacity is also relatively limited. In addition, the company's bookkeeping system is still directly controlled by the owner of the company. 2) Shoe MSMEs need guidance in terms of production processes and production facilities. As well as assistance in terms of developing market share both domestically and abroad and developing promotions so that products are more widely known

scholarly journals Notary Role in Making Using Standard Contract Technology Information in The Framework of Legal Protection of Small and Medium Enterprises (SMEs)

Jurnal Akta ◽  
2018 ◽  
Vol 5 (4) ◽  
pp. 877 ◽  
Author(s):  
Moch. Asep Rusmana ◽  
Gunarto Gunarto
Keyword(s):  
Small And Medium Enterprises ◽  
Legal Protection ◽  
Secondary Data ◽  
Primary Data ◽  
Contract Manufacturing ◽  
Business Transactions ◽  
Standard Contract ◽  
Medium Enterprises ◽  
Cost Factors

The purpose of this research is; (1) to analyze the role of the notary in contract manufacturing standards using technology information in a business transaction that is carried out by SMEs, and (2) to analyze the obstacles and solutions contract manufacturing standards using technology information in providing legal protection to SMEs. Researchers use various types of data in the study, such as; (1) primary data, (2) secondary data, and (3) the data tertiary. The three types of data must be mutually supportive and have conformity with one another so that the results of this study can be justified scientifically.The conclusion of this study, namely; (1) business contracts are usually carried out by SMEs in general do not engage the services of a notary. Form of the contract was generally not made in the format of a standard contract. In general, SMEs also do not use technology information in their business transactions. Only a small portion of SMEs that have used the services of a notary and technology information in conducting business transactions, (2) while the main obstacles SMEs have not been optimally use the services of a notary in the transaction business was due to cost factors (notary) who felt still quite burdensome, attributed to the relatively small volume of the SMEs business.Keywords; Notary; Standard Contracts; Technology Information; Legal Protection and SMEs.

scholarly journals LEGAL PROTECTION OF CONSUMERS ON FINTECH-BASED BUSINESS LOANS FOR SMALL AND MEDIUM ENTERPRISES (UMKM)

2020 ◽  
Vol 1 (2) ◽  
Author(s):  
Mellisa Rahmaini Lubis
Keyword(s):  
Venture Capital ◽  
Financial Institutions ◽  
Consumer Protection ◽  
Financial Services ◽  
Service Providers ◽  
Small And Medium Enterprises ◽  
Legal Protection ◽  
Services Sector ◽  
Medium Enterprises ◽  
Legal Consequences

Consumers loses have occurred in the practice of Fintech-based loans by non-bank financial institutions. The reports of losses arising from Fintech transactions has increased. This is because many Fintech organizers have not received permission from the OJK but are still able to conduct business activities in Indonesia. The problem in this study is: How is the supervision by the Financial Services Authority (OJK) of non-bank financial institutions providing fintech-based venture capital lenders for MSMEs? And how is the legal consequences of fintech-based business capital loan services for MSME entrepreneurs. The study used normative legal approach and the data analyzed by descriptive qualitative.          The results of this study indicate that supervision by the OJK of non-bank financial institutions providing fintech-based venture capital lenders for SMEs as a form of legal protection to consumers. It is carried out in the form of preventive and repressive protection. Preventive protection is implemented by enacting OJK Regulation Number 77 / POJK.01 / 2016, OJK Circular Letter Number 18 / SEOJK.02 / 2017 and OJK Regulation Number 1 / POJK.07 / 2013 concerning Consumer Protection in the Financial Services Sector. Repressive protection is by applying sanctions against fintech organizers who commit violations in the form of written warnings and fines; restrictions on business activities; and revocation of permission. The legal consequences arising from fintech-based business capital loan services for SMEs to fintech providers are required to improve standards and meet consumer protection aspects. The legal consequence for MSMEs is the potential for fraud and misuse of consumer data by Fintech service providers.

scholarly journals AN EVALUATION OF VENDOR MANAGED INVENTORY PRACTICES FROM SMALL AND MEDIUM INDIAN ENTERPRISES

2013 ◽  
Vol 14 (Supplement_1) ◽  
pp. S76-S95 ◽  
Author(s):  
Lixin Shen ◽  
Kannan Govindan ◽  
Atul B. Borade ◽  
Ali Diabat ◽  
Devika Kannan
Keyword(s):  
Supply Chain ◽  
Customer Service ◽  
Empirical Investigation ◽  
Survey Methodology ◽  
Small And Medium Enterprises ◽  
Supply Chain Performance ◽  
Vendor Managed Inventory ◽  
Organizational Issues ◽  
Medium Enterprises ◽  
Share Information

Vendor managed inventory has proven to be an effective tool for improving the supply chain performance by decreasing inventory-related costs and increasing customer service. It is quite evident from the literature that vendor managed inventory (VMI) has been successfully implemented in small and medium enterprises (SMEs). However, studies related to the implementation of VMI in Indian SMEs are very limited. Therefore, this study presents an empirical investigation of VMI practices in Indian SMEs using survey methodology. The paper evaluates the benefits, barriers, and effects of adopting VMI in Indian SMEs, and also investigates the IT tools and software used for VMI adoption. Furthermore, this study explores the dissimilarities among various sectors of SMEs adopting VMI. Based on the proposed methodology, it is found that organizational issues and unwillingness to share information are the major barriers. In terms of benefits, the major influencing variables are improved efficiency and improved channel relations.

scholarly journals IMPLEMENTATION OF LEGAL PROTECTION BY THE GOVERNMENT IN ORDER TO EMPOWERMENT OF MICRO SMALL MEDIUM ENTERPRISE TO REALIZE THE JUSTICE ECONOMY (Research Study: The Office of Cooperative and Micro Small and Medium Enterprise Province of Central Java)

2019 ◽  
Vol 4 (1) ◽  
pp. 105
Author(s):  
Raden Ani Eko Wahyuni ◽  
Darminto Hartono
Keyword(s):  
Research Study ◽  
Small And Medium Enterprises ◽  
Legal Protection ◽  
Economic Democracy ◽  
Central Java ◽  
Medium Enterprise ◽  
The Government ◽  
Medium Enterprises ◽  
Role Of The Government

Micro, Small and Medium Enterprises try to grow and develop their business in order to build a national economy based on equitable economic democracy. The position of MSMEs is very important in economic development It is very important to do protection. Protection of MSMEs is assistance and support made by the government towards MSMEs. Protection in legal action, assistance in the production process to marketing and support in terms of capital. There is a debate that is found is how to issue law by the government in empowering MSMEs to realize equitable economic prosperity.The research in this paper used a normative juridical research method. The approach used in this study is socio legal approach which the law is conceptualized as a set of regulation that is valid in the society and the validity will be affected by other factors.This study intends to measure the extent of the role of the government and what efforts are being made especially by regional governments, in this case the Central Java Provincial Office of Cooperatives and SMEs in implementing legal protection in empowering MSMEs to realize economic welfare. 

scholarly journals Penegakan Hukum Bagi Pedagang Usaha Mikro, Kecil Dan Menengah Terhadap Para Pelaku Usaha Monopoli

2020 ◽  
Vol 5 (2) ◽  
pp. 113-127
Author(s):  
Rina Shahriyani Shahrullah ◽  
◽  
Henry Hadinata Cokro ◽  
Keyword(s):  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Legal Protection ◽  
Economic Democracy ◽  
Legal Research ◽  
Role Of Government ◽  
Business Opportunities ◽  
Principles Of Justice ◽  
Medium Enterprises

This research was conducted for the purpose of ascertaining law enforcements for Small and Medium Enterprises (SMEs) business actors in Indonesia based on Law Number 55 of 1999 concerning Prohibition of Monopolistic Practices and Unfair Business Competition. It also analyzes the role of government in providing enforcements to small and Medium Enterprises. In this study, normative legal research was used. It found that the legal protection of small businesses competition in Indonesia is a manifestation of the implementation of economic democracy that contains the principles of justice and togetherness to encourage creating opportunities for every businessman in a healthy competition environment. It also found that healthy competition aims to avoid a monopoly of certain business actors only, but it could provide business opportunities for Small and Medium Enterprises business actors to enlarge their business.

scholarly journals Pengembangan Kota Wisata Syariah dengan Peningkatan UMKM Syariah

2019 ◽  
Vol 9 (1) ◽  
pp. 61
Author(s):  
Soraya Lestari ◽  
Novi Hardiyanti
Keyword(s):  
Human Resource ◽  
Significant Influence ◽  
Positive Impact ◽  
Small And Medium Enterprises ◽  
Business Development ◽  
Tourist Destination ◽  
Great Opportunity ◽  
Production Processes ◽  
Tourist Demand ◽  
Medium Enterprises

<p><em>The growth of the Islamic economy is currently growing rapidly. This can be seen from the number of Micro, Small, and Medium Enterprises (MSMEs) that adopt the principles of Islamic business. Sharia MSME is a means of creating jobs and encouraging economic progresses, and advancing private sector businesses. The emergence of many new entrepreneurs who adopted the sharia system in Aceh becomes a great opportunity as a center for sharia products. Not only sharia products, Sharia MSMEs more broadly include the application of the Islamic financial system, including culture, entertainment, lifestyle, and tourism. The need for Aceh's flagship products wrapped in nuances of Islamic principles is still very limited in Aceh. It becomes an obstacle to make Aceh as a tourist destination with Islamic principles. The number of embroidery craftsmen is still less compared to the number of requests. This condition is based on the work that is still traditional and has not used a computerized machine yet. The limitations of human resource capabilities often become obstacles for using technology, production processes, and business development. The increase in sharia tourism will have a positive impact on the improvement of sharia MSMEs. This can be seen from the level of creativity, knowledge, and marketing according to tourist demand. The purpose of this study was to determine whether there is a significant influence of creativity, knowledge, and marketing to the improvement of Islamic MSMEs. This research has been conducted with questionnaires for the entrepreneurs’ MSMEs of embroidery products in Aceh. The results of this study indicate that createvity, knowledge, and marketing simultaneously influence the improvement of sharia MSMEs. Partially, creativity and knowledge variables do not influence the improvement of sharia MSMEs, while marketing affects the improvement of sharia MSMEs significantly.</em></p>

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