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  • Optimizing City Diplomacy Indonesia for Economic Development through E-Government Implementation

    Optimizing City Diplomacy Indonesia for Economic Development through E-Government Implementation

    Author: Sylvia Octa Putri

    DOI: 10.15549/jeecar.v9i1.884

    Abstract

    This research wants to identify the implementation of e-government conducted by the city government in Indonesia that could synergize and support city diplomacy activity in boosting city economic development. The research method was qualitative methods, with data collection techniques through literature studies. The results showed that the implementation of E-government in several cities in Indonesia are still focused on improving the quality of public services, using the use of information technology through the pattern of Government to Citizen (G2C), Government to Business (G2B), Government to Government (G2G). The orientation of data and information distribution is still focused on the local population. The use of multilingual or foreign language options in accessing information is still less optimal. Various fields that can boost the city’s development, such as investment, trade, and tourism with a focus on overseas audiences, are informed well but the data or information presented is not integrated into one portal. Some cities that are doing sister cities cooperation also do not provide information about their sister city’s partner. There are several cities that are considered doing city diplomacy very well, by combining the e-government implementation and city diplomacy will greatly improve and accelerate the city’s economic development, and the city could be becoming an important player at the global level. © 2022, Institute of Eastern Europe and Central Asia. All rights reserved.

    Keywords: City Diplomacy; E-Government; Economic Development

    This article can be accessed at https://www.scopus.com/pages/publications/85141132785

  • The Role of Domestic Investment, Foreign Investment, and Micro, Small and Medium-Sized Enterprises for Poverty Reduction in Indonesia

    The Role of Domestic Investment, Foreign Investment, and Micro, Small and Medium-Sized Enterprises for Poverty Reduction in Indonesia

    Author: Herman Soegoto, Surjatno Wiganepdo Soegoto, Daniel Francois Meyer

    DOI: 10.15549/jeecar.v9i5.1072

    Abstract

    The Indonesian government is trying to reduce the poverty rate, among others, by encouraging investment sourced from within the country and abroad and increasing the number of micro, small and medium-sized businesses. However, until the end of 2020, the category of poor people in Indonesia is still relatively high, about ten per cent of the total population of Indonesia. This research problem encouraged the authors to examine the role Domestic Investment (DI), Foreign Investment (FI) and Micro, Small, and Medium Enterprises (MSMEs) to reduce poverty in Indonesia. This is also because there has been no previous Indonesian research involving the four variables with data from 2010 to 2020. This study used quantitative methods to determine the impact of DI, FI and MSMEs on the magnitude of poverty. Data combining time series and cross-section data is analyzed using the least square panel method. The results of the study showed that poverty would decrease when there is an increase in domestic investment, an increase in foreign investment, and an increase in the number of micro, small and medium-sized enterprises in Indonesia. © 2022, Institute of Eastern Europe and Central Asia. All rights reserved.

    Keywords: Domestic investment; foreign investment; Indonesia; MSME; poverty

    This article can be accessed at https://www.scopus.com/pages/publications/85141168690

  • Strategies for Improving Air Connectivity in Indonesia through the Indonesian, Malaysia and Thailand Growth Triangle Cooperation

    Strategies for Improving Air Connectivity in Indonesia through the Indonesian, Malaysia and Thailand Growth Triangle Cooperation

    Author: Suharto Abdul Majid ; Reflyndra Yundriana ; Irzan Soepriyadi ; Yosi Pahala ; Peppy Fachrial ; Agus Setiawan ; Aditya Wardana ; Atong Soekirman ; Nofrisel1 ; Basri Fahriza ; Nina Kurnia Hikmawati ; Endri

    DOI: 10.36941/ajis-2022-0125

    Abstract

    Indonesia, Malaysia, Thailand Growth Triangle (IMT-GT) is a sub-regional collaboration formed to accelerate economic transformation in less developed regions. The Growth Triangle is the basis of an economic concept driven by a strong political commitment. Through one of the sectors within the IMT-GT framework, the sub-regional cooperation in air transportation, Indonesia supports and plays an active role in implementing IMT-GT activities. In terms of implementation, it proposes flight points between the IMT-GT regions to improve air connectivity between these countries. The purpose of this study is to formulate the best strategy formulation for Indonesian government policymakers, in this case, the Directorate General of Civil Aviation, Ministry of Transportation, to deal with IMT-GT cooperation. This research uses a qualitative approach with a SWOT analysis method and a grand strategy matrix. The research locus was carried out at the Directorate General of Civil Aviation of the Ministry of Transportation of the Republic of Indonesia in 2019 with 6 key informants who have competencies and strategic positions at the Directorate General of Civil Aviation. © 2022 Majid et al.

    Author keywords

    Air Connectivity; IMT-GT Cooperation; Strategic Management

    This article can be accesed at: https://www.scopus.com/pages/publications/85138620566

  • Digitalization And Informal Msme: Digital Financial Inclusion For Msme Development in The Formal Economy

    Digitalization And Informal Msme: Digital Financial Inclusion For Msme Development in The Formal Economy

    Author: Siti Kurnia Rahayu, ; Isniar Budiarti; Dony Waluya Firdaus; Viktoriya Onegina

    DOI: 10.15549/jeecar.v10i1.1056

    Abstract

    This study examines digital financial inclusion and uses Fintech for informal micro small and medium enterprises (MSMEs) to overcome the financing gap. The researchers used primarily qualitative methods, namely a qualitative analysis strategy verification through inductive analysis. The results show that Indonesia’s fintech landscape makes MSME a driver of the digital economy so that they can overcome the financing gap in the informal sector. The challenges faced by Fintech in encouraging MSME business efficiency in the form of unbalanced agency distribution, data security, data access problems, low digital financial literacy, low connectivity, and interoperability can be overcome by taking advantage of existing opportunities. These opportunities include the role of MFIs and cooperatives in promoting financial inclusion and the development of telecommunications infrastructure networks in Indonesia. The novelty of this research is the comprehensive evaluation of achieved progress in digital financial inclusion for MSMEs in Indonesia and the developed recommendation for regulations by relevant authorities to encourage the business efficiency of MSMEs through facilitating digital financial inclusion. © 2023, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author keywords

    digitalization; financial inclusion; innovation; loans; micro small and medium enterprises (MSMEs)

    This article can be accessed at:  https://www.scopus.com/pages/publications/85146857749

  • The Impact Of The Russia-Ukraine War On The European Union Economy

    The Impact Of The Russia-Ukraine War On The European Union Economy

    Author: Andrias Darmayadi ; Nikolay Megits

    DOI: 10.15549/jeecar.v10i1.1079

    Abstract

    This study aims to see the impact of the Russo-Ukrainian War on the European Union economy. It uses a qualitative descriptive method. This method answers research questions requiring an explanation and understanding of social activities due to the war. In this descriptive research, we evaluate aimed to evaluate the impact of the Russo-Ukrainian War on the European Union Economy. The results of this study indicate that the European Union’s economy was greatly affected by this war, starting from the disruption of trade relations between Russia and the European Union in all fields, especially in the energy sector, to the creation of high inflation rates in developing countries. With this, of course, the economy and stability in the European Union will be interrupted and causing an economic crisis in many European countries. © 2023, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author keywords

    economy; European Union; Russia; Ukraine; war

    This article can be accessed at: https://www.scopus.com/pages/publications/85146896294

  • The Relationship Between E-Learning And Student Satisfaction as Marketing Strategy: A Case Study at A Private University

    The Relationship Between E-Learning And Student Satisfaction as Marketing Strategy: A Case Study at A Private University

    Authors: Eddy Soeryanto Soegoto ; Senny Luckyardi ; Rizky Jumansyah ; Herry Saputra ; Niël A Kruger

    DOI: 10.15549/jeecar.v9i5.1052

    Abstract

    Universities have incorporated e-learning into their educational structures because of the unanticipated transition from conventional learning to digital and hybrid learning methods to the closure of educational facilities during the COVID-19 pandemic. This study aims to ascertain how e-learning influences students’ satisfaction at private universities and to develop a marketing strategy to keep institutions of higher learning competitive throughout the COVID-19 or similarly disrupting events. In the study, we utilise a quantitative descriptive method. Collecting data was done by distributing e-questionnaires to students at a private university in Bandung. The sampling technique used random sampling with 245 respondents. The data was subjected to numerous linear regression analyses using SPSS. ICT, ESQ, and EIQ are the study’s dependent variables, and e-learning is the study’s independent variable. The findings indicate that all variables influence and significance of e-learning and students’ satisfaction with 65.9%, which can enhance learning outcomes in private universities. © 2022, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author keywords

    Digital transition; education; electronic-learning; hybrid education; systemic disruption

    This article can be accessed at: https://www.scopus.com/pages/publications/85141141950

  • Digital Entrepreneurship Strategy in the Tourism Business of the Tourism 4.0 Era

    Authors: Poni Sukaesih Kurniati ; Suryanto

    DOI: 10.15549/jeecar.v10i6.1503

    Abstract

    This research analyzes digital entrepreneurship strategies by tourism industry players in Tourism 4.0. The research method used in this research is descriptive with a qualitative approach. Primary data sources come from the results of in-depth interviews with informants. In comparison, secondary data sources are obtained from the search results of research results and statements of informants published in the media. The data that has been obtained is triangulated before being analyzed. The study results stated that digital entrepreneurship in the Indonesian tourism industry is multiplying. Several factors that support the growth of digital entrepreneurship include internet penetration, large population demographics, and digitization in the tourism industry. Digital entrepreneurship actors in the tourism industry are implementing several strategies to survive during and after the Covid-19 pandemic and entering the era of Tourism 4.0. This strategy successfully attracts tourists to continue to carry out tourism activities. © 2023, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author Keywords

    digital entrepreneurship; nomadic; staycation; storynomics; tourism 4.0

    This article can be accessed at https://www.scopus.com/pages/publications/85178293867?

  • The Environmental Uncertainty, Manager Competency And Its Impact on Successful Use of Financial Applications in The Covid-19 Pandemic Era

    Authors: Lilis Puspitawati ; Lesi Hertati ; Wahyudin Zarkasyi ; Harry Suharman ; Haryono Umar

    DOI: 10.15549/jeecar.v9i1.882

    Abstract

    This study aims to investigate the conceptual model of successful use of financial applications that is influenced by environmental uncertainty and manager competence. Quantitative research is used to examine the conceptual model developed. Data collected was used as primary data by distributing questionnaires to respondents. The target population is 478 management accounting units in 118 state-owned enterprises (SOEs) in Indonesia. The minimum sample criteria use the rule of thumb. The sample size is 100 SOEs manager respondents who were selected by simple random sampling technique using a table of random numbers with the help of Microsoft Excel. The research data were analyzed using the Structural Equation Model (SEM) with the Lisrell 8.5 software tool. The results show that the researcher’s conceptual model’s suitability can be tested. The environmental uncertainty variable empirically has a negative impact on the successful implementation of financial applications. The manager’s competence variable positively affects the successful implementation of financial applications. The negative direction shown as a result of environmental influences uncertainty on the successful use of financial applications can occur. An uncertain business environment can be the cause of failure to use financial applications. The improving business environment will further increase the successful use of financial applications. The results of the study have an important contribution in determining the success of using financial applications in SOEs companies in Indonesia, wherein daily practice, environmental uncertainty factors, and manager competencies have proven to be very influential on the successful use of financial applications, especially during the COVID-19 pandemic which has not entirely subsided. © 2022, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author keywords

    Environmental Uncertainty; Manager Competency; Successful use of Financial Application

    This article accessed at: https://www.scopus.com/pages/publications/85124336877

  • Influence of Economic Factors on The Share’s Value 

    Through the Concepts of the Life Cycle: The Case of Indonesia

    Authors: Linna Ismawati ; Inna Neskorodieva ; Svitlana Pustovhar

    DOI: 10.15549/jeecar.v10i1.1049

    Abstract

    The article aimed to substantiate the differentiated impact of critical internal factors of the economic activities on the market value of shares for joint-stock companies accounting for the organizational development cycle. Using the Company’s Financial Statements in the Automotive and Component subsectors listed on the Indonesia Stock Exchange for 2008-2021, the Chow test, path analysis, and t-criterion, we determined the features of the relationship between the share price and the economic performance indicators of joint-stock companies are determined. We used path analysis for modeling to assess the relationship between the price of shares and the number of dividend payments per share, asset turnover, and net profit per share built. A differentiated nature of the relationship between the indicators depending on the accounting company’s life cycle has been established. Knowing the stage of the business, the company can develop the most effective dividend strategy and determine the appropriate management method. © 2023, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author Keywords

    economic factors; Indonesia; joint stock company; market value; organization life cycle; shares

    This article can be accessed at https://www.scopus.com/pages/publications/85146853855?

  • Influence of Economic Factors on The Share’s Value 

    Through the Concepts of the Life Cycle: The Case of Indonesia

    Authors: Linna Ismawati ; Inna Neskorodieva ; Svitlana Pustovhar

    DOI: 10.15549/jeecar.v10i1.1049

    Abstract

    The article aimed to substantiate the differentiated impact of critical internal factors of the economic activities on the market value of shares for joint-stock companies accounting for the organizational development cycle. Using the Company’s Financial Statements in the Automotive and Component subsectors listed on the Indonesia Stock Exchange for 2008-2021, the Chow test, path analysis, and t-criterion, we determined the features of the relationship between the share price and the economic performance indicators of joint-stock companies are determined. We used path analysis for modeling to assess the relationship between the price of shares and the number of dividend payments per share, asset turnover, and net profit per share built. A differentiated nature of the relationship between the indicators depending on the accounting company’s life cycle has been established. Knowing the stage of the business, the company can develop the most effective dividend strategy and determine the appropriate management method. © 2023, Institute of Eastern Europe and Central Asia. All rights reserved.

    Author Keywords

    economic factors; Indonesia; joint stock company; market value; organization life cycle; shares

    This article can be accessed at https://www.scopus.com/pages/publications/85146853855?