Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)

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Light-Touch Regulation to Optimize the Startup and MSME Ecosystem in Indonesia

Authors
Dwi Ratna Indri Hapsari1, *, Nur Putri Hidayah1
1Faculty of Law, University of Muhammadiyah Malang, Malang, Indonesia
*Corresponding author. Email: dwiratna@umm.ac.id
Corresponding Author
Dwi Ratna Indri Hapsari
Available Online 31 December 2023.
DOI
10.2991/978-2-38476-180-7_48How to use a DOI?
Keywords
Startup; Regulation; SME
Abstract

Startup is a newly business entity based on digital technology which is currently a novel development to provide alternative solutions to problems and ease the burden of modern life. Almost the same as Micro, small, and emerging businesses (MSME) in Indonesia experience problems in terms of access to capital. Apart from that, the complexity of business licensing procedures, regulations and unclear institutions that regulate startup and MSMEs in Indonesia fail even before they develop. This research aims to restore regulations in Indonesia in the field of startup and MSMEs. The research method employed is normative legal research with a statute- and conceptual-based approach. From the study's findings, it can be concluded that the Light Touch Regulation in the field of startup and MSMEs is expected to improve the start-up and MSMEs ecosystem, such as ease of business trials, legal protection for new entrepreneurs, access to financing, or protection of intellectual property as has been proven implemented by several countries such as America, Japan, Germany, Swiss, South Korean, etc.

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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Volume Title
Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
31 December 2023
ISBN
10.2991/978-2-38476-180-7_48
ISSN
2352-5398
DOI
10.2991/978-2-38476-180-7_48How to use a DOI?
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.

Cite this article

risenwbib
TY  - CONF
AU  - Dwi Ratna Indri Hapsari
AU  - Nur Putri Hidayah
PY  - 2023
DA  - 2023/12/31
TI  - Light-Touch Regulation to Optimize the Startup and MSME Ecosystem in Indonesia
BT  - Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)
PB  - Atlantis Press
SP  - 437
EP  - 445
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-180-7_48
DO  - 10.2991/978-2-38476-180-7_48
ID  - Hapsari2023
ER  -