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Saudi Journal of Economics and Finance (SJEF)
Volume-2 | Issue-05 | 240-246
Review Article
The Role of Village-Owned Enterprises between Entrepreneurs 'Growth
Warti’ah, Thyophoida W.S Panjaitan
Published : Oct. 30, 2018
DOI : 10.36348/sjef
Abstract
Economic development of a village will be successful if there is participation from entrepreneurs who are expected to create jobs. Entrepreneurship is a development potential that can drive the economy of a village, therefore, it is very necessary to empower the businesses that are expected to be able to develop the potential of the village through innovation and creativity. So that this can be achieved, it needs support from various parties and one of them is a Village-Owned Enterprise (BUMDesa). BUMDesa is intended to strengthen village income, increase business opportunities, reduce unemployment and at the same time become the motor of the village economy. The existence of MSMEs with BUMDesa is supposed to go together, this is because if the economy wants to advance then the small businesses owned by the community must be supported by advanced and organized management. In addition there are other factors that can support the success and sustainability of a business, namely human resources. As a business manager, it is required to have an entrepreneurial spirit, where the spirit of entrepreneurship can be formed through the world of education and non-education and this is the duty of universities to provide supplies and motivate graduates to become entrepreneurs.
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