The Role of Angel Investor at Entrepreneurship Sector in Indonesia: A Theoretical Study

Meyliana, Meyliana and Bunyamin, Hendra (2013) The Role of Angel Investor at Entrepreneurship Sector in Indonesia: A Theoretical Study. In: The 2013 IBEA International Conference on Business, Economics, Accounting, 20-23 March 2013, Bangkok, Thailand.

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Abstract

According to the Ministry of Cooperatives and Small Medium Enterprises’ data in 2010, 99 percent of the number of small and middle business units in Indonesia can create as employment around 99.4 million workers which contribute 56 percent to the Gross Domestic Product (GDP) of the MSME sector. This condition has made SMEs as an important sector that contributes to the growth of the Indonesian economy in general. SMEs in Indonesia in general are initiated from young entrepreneurs who are trying to pioneer a new business by creating new products or innovating the creation of products. This step was taken to create employment which aims to improve the welfare of individuals who provide added value to the community. However, there are several obstacles faced by SMEs. One of the biggest obstacles facing entrepreneurs in order to transform the idea into a profitable company is when personal savings or funds of the family are no longer able to sustain and grow the business. And at the same time, these businesses lack collateral to obtain financing or investment of institutional capital providers, then that is the perfect time for angel investors to contribute. The angel investors counted as senior entrepreneurs can help young entrepreneurs by providing more than just financial support, but also with a mentor who can share experience, knowledge and contacts. This paper proves the strong role of angel investor to help stimulate growing entrepreneurship sector in Indonesia.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Young Entrepreneur, Entrepreneurship Sector, and Angel Investors
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Depositing User: Perpustakaan Maranatha
Date Deposited: 07 Aug 2019 01:39
Last Modified: 07 Aug 2019 01:39
URI: http://repository.maranatha.edu/id/eprint/26987

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