Linking business ecosystem structure to risk perception: a network analysis of Indonesia's bamboo craft industry

The bamboo craft industry, part of the weaving sector, once experienced the highest negative growth among rural industries (-9.48%). This study analyses the business ecosystem structure and risk profile of bamboo craft MSMEs using network analysis and an IFS-based HOR approach. The findings show that area 1 exhibits a broad but loosely connected ecosystem dominated by marketing ties, whereas area 2 demonstrates a more cohesive and consultative structure. Distinct risk profiles emerge across areas: external market risks are more salient in area 1, while operational and technical risks are more prominent in area 2. These empirical insights suggest an interpretative association between ecosystem configuration and dominant risk perception. The study contributes by integrating network structure and risk analysis to support mitigation and business model innovation strategies.