Impact of Entrepreneur and Small Businesses

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. 


According to AsiaFoundation, 90% of businesses that exist in Indonesia has only recruit fewer than 20 workers. This leads to small businesses having a huge impact on Indonesia's overall economy. One of the reasons on why Small Business brings a huge impact to Indonesia's economy is that the establishment of Small Businesses generates employment, having an increase in employment also results in a reduction of the country's overall poverty.






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