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Management Model and the Success Factors of Village Owned Enterprises (VOEs) in Indonesia

Author

Listed:
  • Jamal Bake
  • Haedar Akib
  • Risma Niswaty

Abstract

Purpose: This study aims to describe and analyze the development management model of Village-Owned Enterprises (VOEs) and identify and explain the determining factors for the success of VOEs in Indonesia. Design/Methodology/Approach: The study approach used qualitative methods, document studies, publications on VOEs performance, secondary data, field observations, and interviews with several sources. Findings: The study results explain three models found in the development of VOEs, namely an ambiguous model, a subjective approach, and a cultural management model. Practical Implications: The determinants of VOEs development are organizational factors in the form of human resources (HR), leadership, technology support, organizational culture, financial governance, institutional arrangement. Meanwhile, contextual factors (outside the organization) are government intervention, raw materials and production technology, accessibility, market opportunities, economic and socio-cultural conditions, demographics, physical environment, and policies. Originality/Value: Triangular prototype model of determinants of success of Village-Owned Enterprises (VOEs)

Suggested Citation

  • Jamal Bake & Haedar Akib & Risma Niswaty, 2021. "Management Model and the Success Factors of Village Owned Enterprises (VOEs) in Indonesia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 82-100.
    • Handle: RePEc:ers:ijebaa:v:ix:y:2021:i:2:p:82-100
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    References listed on IDEAS

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    1. Josef Papilaya & Thereesje Roza Soisa & Haedar Akib, 2015. "The Influence of Implementing the Strategic Policy in Creating Business Climate, Business Environment and Providing Support Facilities towards Business Empowerment on Small Medium Craft enterprises in," International Review of Management and Marketing, Econjournals, vol. 5(2), pages 84-93.
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      Keywords

      Management model; the determinant factor of success; village-owned enterprises.;
      All these keywords.

      JEL classification:

      • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
      • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
      • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
      • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation
      • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
      • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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