IDEAS home Printed from https://ideas.repec.org/a/arp/tjssrr/2019p343-347.html
   My bibliography  Save this article

Will Natural-dying Batik SMEs Compete in Asian Economic Community?

Author

Listed:
  • Lesta Karolina Br. Sebayang*

    (Department of Development Economics Faculty of Economics, Universitas Negeri Semarang, Indonesia)

  • Sri Utami

    (Department of Development Economics Faculty of Economics, Universitas Negeri Semarang, Indonesia)

  • Deky Aji Suseno

    (Department of Development Economics Faculty of Economics, Universitas Negeri Semarang, Indonesia)

Abstract

Being claimed as playing vital role for economic development in Indonesia, Small and Medium Enterprise (SME) still has many challenges to be aware of. Some of them are the the free market of Asean Economic Community and the competitiveness of the SME compared to other similar products. One of the outstanding SMEs is Batik SME in Central Java. Recently, Batik has been becoming popular due to its natural dying used. As people have been discussing a lot about this kind of Batik, this research focuses on analysing its competitiveness to ensure whether the natural-dying Batik can compete with other similar products in this very competitive world, especiall ASEAN market. To understand their position of competitiveness, this study elaborated its profile so that it can be better known its existence to inform other related stakeholders. To find their competitiveness, the research collected primary data using primary and secondary data. Questionnaires distribution and interview to ten Batik makers were conducted. The the data were analysed using SWOT descriptive analysis and Internal and External (IE) Matrix after IFAS was used. From the data analysis, it was found that the natural dying Batik is very potential to develop by using certain strategis. Based on the formulation of alternative strategy using Internal and External (IE) Matrix, natural dying Batik SMEs in Semarang city is at the position of Quadrant 1. The strategies that are recommended to use are Strength-Opportunities (S-O). These strategies suggest natural dying Batik SMEs to take all available opportunities by expanding their market and developing the products.

Suggested Citation

  • Lesta Karolina Br. Sebayang* & Sri Utami & Deky Aji Suseno, 2019. "Will Natural-dying Batik SMEs Compete in Asian Economic Community?," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 5(2), pages 343-347, 02-2019.
    • Handle: RePEc:arp:tjssrr:2019:p:343-347
    as

    Download full text from publisher

    File URL: https://www.arpgweb.com/pdf-files/jssr5(2)343-347.pdf
    Download Restriction: no
    File URL: https://www.arpgweb.com/journal/7/archive/02-2019/2/5
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lance A. Fisher, 1996. "Sources of Exchange Rate and Price Level Fluctuations in Two Commodity Exporting Countries: Australia and New Zealand," The Economic Record, The Economic Society of Australia, vol. 72(219), pages 345-358, December.
    2. Fisher, Lance A, 1996. "Sources of Exchange Rate and Price Level Fluctuations in Two Commodity Exporting Countries: Australia and New Zealand," The Economic Record, The Economic Society of Australia, vol. 72(219), pages 345-358, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Clements, Kenneth W. & Fry, Renée, 2008. "Commodity currencies and currency commodities," Resources Policy, Elsevier, vol. 33(2), pages 55-73, June.
    2. Mansur, Alfan & Liu, Yichang & Zaman, Kazi Arif Uz, 2015. "Portfolio Shocks and the Dynamics of the Real Economy of Australia (1980-2014): A Structural Vector Autoregressive Model Approach," MPRA Paper 93992, University Library of Munich, Germany, revised 17 May 2015.
    3. Frank Smets, 1997. "Financial-asset Prices and Monetary Policy: Theory and Evidence," RBA Annual Conference Volume (Discontinued), in: Philip Lowe (ed.),Monetary Policy and Inflation Targeting, Reserve Bank of Australia.
    4. Mardi Dungey, 2002. "International Shocks and the Role of Domestic Policy in Australia," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 5(2), pages 143-163, June.
    5. Prof. Neil D. Karunaratne, 2002. "Microeconomic Shocks, Depreciation and Inflation: an Australian Perspective," Discussion Papers Series 298, School of Economics, University of Queensland, Australia.
    6. Robert Buckle & Kunhong Kim & Julie Tam, 2002. "A structural var approach to estimating budget balance targets," New Zealand Economic Papers, Taylor & Francis Journals, vol. 36(2), pages 149-175.
    7. Dimitris Hatzinikolaou & Metodey Polasek, 2005. "The Commodity-Currency View of the Australian Dollar: A Multivariate Cointegration Approach," Journal of Applied Economics, Taylor & Francis Journals, vol. 8(1), pages 81-99, May.
    8. Haluk Erlat & Guzin Erlat, 1998. "Permanent and transitory shocks on real and nominal exchange rates in Turkey during the post-1980 period," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 26(4), pages 379-396, December.
    9. Leu, Shawn Chen-Yu, 2011. "A New Keynesian SVAR model of the Australian economy," Economic Modelling, Elsevier, vol. 28(1-2), pages 157-168, January.
    10. Valadkhani, Abbas & Layton, Allan P. & Karunaratne, Neil D., 2005. "Export Price Volatility in Australia: An Application of ARCH and GARCH Models," Economics Working Papers wp05-11, School of Economics, University of Wollongong, NSW, Australia.
    11. Sambit Bhattacharyya, 2021. "Commodity boom‐bust cycles and the resource curse in Australia: 1900 to 2007," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 61(2), pages 186-203, July.
    12. Sambit Bhattacharyya & Jeffrey G. Williamson, 2011. "Commodity Price Shocks And The Australian Economy Since Federation," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 51(2), pages 150-177, July.
    13. Leu, Shawn, 2004. "A New Keynesian Perspective of Monetary Policy Implementation in Austr alia," Working Papers 1, University of Sydney, School of Economics.
    14. William Bryant & Roselyne Joyeux, 2010. "Interest linkages between the US, UK and German interest rates: should the UK join the European Monetary Union?," International Review of Applied Economics, Taylor & Francis Journals, vol. 24(6), pages 633-647.
    15. Shawn Chen-Yu Leu, 2006. "A New Keynesian Perspective of Monetary Policy in Australia," Working Papers 2006.01, School of Economics, La Trobe University.
    16. Harry Bloch & A. Michael Dockery & David Sapsford, 2006. "Commodity Prices and the Dynamics of Inflation in Commodity‐Exporting Nations: Evidence from Australia and Canada," The Economic Record, The Economic Society of Australia, vol. 82(s1), pages 97-109, September.
    17. Swift, Robyn, 2004. "Exchange rate changes and endogenous terms of trade effects in a small open economy," Journal of Macroeconomics, Elsevier, vol. 26(4), pages 737-745, December.
    18. Renée Fry & James Hocking & Vance L. Martin, 2008. "The Role of Portfolio Shocks in a Structural Vector Autoregressive Model of the Australian Economy," The Economic Record, The Economic Society of Australia, vol. 84(264), pages 17-33, March.
    19. Mardi Dungey & Adrian Pagan, 2000. "A Structural VAR Model of the Australian Economy," The Economic Record, The Economic Society of Australia, vol. 76(235), pages 321-342, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arp:tjssrr:2019:p:343-347. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Managing Editor (email available below). General contact details of provider: http://arpgweb.com/?ic=journal&journal=7&info=aims .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.