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The existence of Micro, Small, and Medium Enterprises (SMEs) in economic growth, employment, and national income is the main reason for making it a priority for government and community attention. The research is oriented to determine and analyze the improvement in MSME performance through strategic management approaches, government policies, and the involvement of stakeholders. The research used quantitative methods, regression coefficient analysis, correlation, and determination. The research results show that there is government involvement as a regulator in guiding SMEs, through Law No. 20 of 2008 and other regulations. Stakeholder involvement in the form of coaching, training, mentoring, funding, and partnerships plays an important role in improving the performance of SMEs. SMEs feel that there is a revision of regulations regarding SMEs. These regulations are oriented towards supporting MSME activities to create a conducive SME business atmosphere. Efforts to empower MSMEs by stakeholders should be comprehensive, coordinated, and sustainable

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  • Lucky Hikmat Maulana

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  • Lucky Hikmat Maulana, 2023. "The existence of Micro, Small, and Medium Enterprises (SMEs) in economic growth, employment, and national income is the main reason for making it a priority for government and community attention. The," Technium Business and Management, Technium Science, vol. 4(1), pages 67-76.
    • Handle: RePEc:tec:busine:v:4:y:2023:i:1:p:67-76
    DOI: 10.47577/business.v4i.10173
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    References listed on IDEAS

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    1. repec:bla:afrdev:v:29:y:2017:i:s1:p:56-72 is not listed on IDEAS
    2. Andrea Bellucci & Luca Pennacchio & Alberto Zazzaro, 2019. "Public R&D subsidies: collaborative versus individual place-based programs for SMEs," Small Business Economics, Springer, vol. 52(1), pages 213-240, January.
    3. Agnes Asemokha & Jackson Musona & Lasse Torkkeli & Sami Saarenketo, 2019. "Business model innovation and entrepreneurial orientation relationships in SMEs: Implications for international performance," Journal of International Entrepreneurship, Springer, vol. 17(3), pages 425-453, September.
    4. Cláudia P. Ribau & António C. Moreira & Mário Raposo, 2017. "SMEs innovation capabilities and export performance: an entrepreneurial orientation view," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 18(5), pages 920-934, September.
    5. Godfred Adjapong Afrifa & Ishmael Tingbani, 2018. "Working capital management, cash flow and SMEs' performance," International Journal of Banking, Accounting and Finance, Inderscience Enterprises Ltd, vol. 9(1), pages 19-43.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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