Cooperative Model Based on Business Innovation of Local Wisdom in Increasing Economic

DOI

10.2991/978-94-6463-154-8_32How to use a DOI?

Keywords

Cooperative Development; Business Innovation; Local Wisdom; Cooperative Model

Abstract

The economy of a region has entered a new phase where the sources of competitive advantage have changed. The advantages of an economy are not only derived from technology and resources. One of the sources of competitive advantage is the existence of business innovation by promoting local wisdom. Local wisdom is the result of interaction between the community and the environment, thus it is hoped that it can help the community itself. Local wisdom becomes the core of efforts to improve the economy of a region. However, the existence of cooperatives is decreasing, which is influenced by internal and external factors of the cooperative itself. Cooperatives are part of the economy and must further improve competitiveness by conducting business innovations. Competitive advantage based on business innovation should be prioritized because it has a long life and durability. The specific objective of this research is to obtain a cooperative model based on local wisdom business innovation. The data source of this research is the cooperative selected purposively and referred to by the local Cooperative Office. The method used is phenomenology, data were collected using literature study and field studies (observation, interviews, documentation), qualitative data analysis techniques. The results of this study with the discovery of a cooperative model based on business innovation. Local wisdom is expected to be applied by other cooperatives so that cooperatives can be more developed, healthy in management so that they can improve the regional economy.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Wiwin Setianingsih
AU  - Nurdiana Mulyatini
AU  - Elin Herlina
AU  - Mukhtar Abdul Kader
AU  - Lia Yulia
PY  - 2023
DA  - 2023/05/22
TI  - Cooperative Model Based on Business Innovation of Local Wisdom in Increasing Economic
BT  - Proceedings of the International Conference on Business, Accounting, Banking, and Economics (ICBABE 2022)
PB  - Atlantis Press
SP  - 368
EP  - 376
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-154-8_32
DO  - 10.2991/978-94-6463-154-8_32
ID  - Setianingsih2023
ER  -