Entrepreneurship & Small Business Management

Currently, there are 3 types of ventures that are; Private sectors, Public sectors, and voluntary sector. According to Dan & Monyhan (2012), Private sectors can be defined as are companies that are part of the economy but has no government intervention. Private sectors consist of Sole trader, Partnership, Private Limited company, and also public limited company. An example of a private sector is J.CO donuts, J.CO donuts is a private sector that sells donuts, coffees, and frozen yogurt. Its company is one of the largest donuts company in Indonesia with other competitors like Dunkin donuts and Krispy Kreme. J.CO is located mostly in malls due to a high number of visitors and provide promotions to attract customer to purchase J.CO product, J.CO provide promotion such as buy one get two or the "Telkomsel Promo" which is buy 6 get 12.  According to Dan & Monyhan (2012), Public sectors can be defined as companies that are part of the economy that has government int...

According to LearningEnglish (2011), Indonesia has one of the fastest growing in economy rate. This year Indonesia has increased its growth by over 6%. The reason behind the fast increase in growth of the economy rate is due to the existence of entrepreneur.  According to Baziad (2017), In 2016 there are around 26.7 million entrepreneur  compare to the 22.6 million  entrepreneur in 2006. The increase of  entrepreneur creates revenue for government also keeps the economy flowing since transactions will keep increase due to an increase amount of  entrepreneur.  Another crucial factors on why Indonesia Economy could rapidly grow is due to the existences of "Technopreneurs." An example of a successful technopreneur is the Gojek company. Gojek company is an online transportation company that started during March as of 2011. The goal of having to create Gojek is to organize the motorcycle taxi system in Indonesia.