Ponte Academic Journal Apr 2018, Volume 74, Issue 4 |
SMALL MEDIUM TECHNOLOGICAL ENTERPRISES AND LOCAL ECONOMIC RESOURCES DEVELOPMENT TO PROMOTE INDUSTRIAL AND TRADE ACTIVITIES IN SOLOK CITY, WEST SUMATRA, INDONESIA Author(s): Firwan Tan ,Dewi Sartika, Maidalena J. Ponte - Apr 2018 - Volume 74 - Issue 4 doi: 10.21506/j.ponte.2018.4.28 Abstract: The objective of this research is to analyze the macro and microeconomic environments of SMTEs in Solok City. The SMTEs were considered as an engine of growth for local economic resources development. The research findings are (i) the contribution of the industrial sector to GRDP was relatively smaller during the period of 2010-2016. (ii)the LQs values showed that trade and service sector dominates the economic activities while the regions around Solok City were dominated by economic activity in the primary sector. Padang City dominated by secondary and tertiary economic activities. (iii) In relation with OTDA, the result of studies indicated that the policy created an advantages for creation and development of SMTEs. The conclusion was that a macroeconomic environment of Solok City was relatively not yet conducive; however, the opportunity the creation and development of SMTEs was open and quite prospective. The microeconomic environments analysis, by using the primary data, the research findings showed that there were six program supports required by candidate and new entrepreneurs. And eight program supports required by entrepreneurs (2-3 years) in business.
Key Words: Entrepreneurs, SMTEs, City Functions, OTDA, Program Supports
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