TITLE:
The Collaboration of Social Entrepreneurship and Institution for Sustainable Regional Development Security
AUTHORS:
P. Eko Prasetyo, Andryan Setyadharma, Nurjannah Rahayu Kistanti
KEYWORDS:
Collaboration, Institution, Social Entrepreneurship, Sustainable Regional Development
JOURNAL NAME:
Open Journal of Business and Management,
Vol.9 No.5,
September
28,
2021
ABSTRACT: Global prevention efforts, including mitigating the Covid-19 impact,
require a more serious mechanism, such as maintaining sustainable regional
development security. This research examines the role of social
entrepreneurship collaboration with institutions in maintaining sustainable
regional development security using empirical data and path analysis. To
measure sustainability, sustainable entrepreneurship business opportunities are
used as an aspect of sustainable regional development. The results show that
the new model innovation of social entrepreneurship collaboration and
institutional quality is an important mechanism capable of optimizing resource
use, overcoming socio-economic problems and poverty, and increasing
productivity. Furthermore, it is a value chain in promoting public policy
implementation and mitigating sustainable regional development security. Since
the new model innovation creates better social
and economic justice values, it is the most important innovation element in the
basic framework of social innovation sustainability theory.