ACCES TO FINANCE AMONG THE DETERMINANTS OF THE DEVELOPMENT OF RATTAN INDUSTRY PADANG CITY

Desiyanti, Rika (2024) ACCES TO FINANCE AMONG THE DETERMINANTS OF THE DEVELOPMENT OF RATTAN INDUSTRY PADANG CITY. ACCES TO FINANCE AMONG THE DETERMINANTS OF THE DEVELOPMENT OF RATTAN INDUSTRY PADANG CITY.

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Abstract

Rattan commodity in Padang, including commodity most likely to be developed, with its potential industrial development aimed at strengthening competitiveness. The strategy used to develop the Small Industry Rattan city of Padang in order to have competitiveness cluster strategy. Industry cluster is a group activity that consists of a core industry, related industries, supporting industries that support each other so as to create innovations increase efficiency and competitiveness. Industrial cluster policy is government policy that is useful to develop small industries in order to become a good industry and market competitiveness both locally and globally. Research on the factors affecting the cluster strategy development of the industry. These factors, among others: core industry, related industries, industries supporting mutual support increased efficiency. Some factors cluster affecting the development of the industry is internal network and partner, entrepreneurship, skill of management, availibility of infrastructure physical, quality of support local government, quality of big company support, research into and development, quality of industrial support association and commerce, access to financial business, availibility of transportation service, and access marketing of ouput. Furthermore, giving more attention to the variables that are considered influential. The result showed that among 11 cluster variables having an effect on significant only one variable, that is access to financial business variable. So the need to emphasis on this variable Furthermore, analyze access to financing. Need to do analysis of the dimensions of access finance. These dimensions are: venture capital, resources and special financing, funding research and development of private and government, business support services, and network investments. Keywords: cluster, access to finance, successful rattan development

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