Industry 5.0-Based MSMEs Development Model to Increase Regional Economic Growth

Novelma Lastri; Variza Aditiya; Dwi Hartutik; Said Mustafa; Refdi

doi:10.55927/fjst.v5i8.128

Authors

Novelma Lastri STIA Lancang Kuning Dumai
Variza Aditiya STIA Lancang Kuning Dumai
Dwi Hartutik STIA Lancang Kuning Dumai
Said Mustafa STIA Lancang Kuning Dumai
Refdi STIA Lancang Kuning Dumai

DOI:

https://doi.org/10.55927/fjst.v5i8.128

Keywords:

Industry 5.0, MSMEs, Business Administration, Innovation, Regional Economy.

Abstract

The transformation towards Industry 5.0 requires MSMEs to integrate technology, human orientation, and sustainability in order to strengthen regional economic growth. This study aims to analyze the MSME development model based on Industry 5.0 through the relationship between technology adoption, human resource capabilities, stakeholder collaboration, and business performance. The research uses a qualitative approach with in-depth interviews, observations, and documentation of 15 informants consisting of MSME actors, local governments, academics, and business assistants. The data is analyzed thematically through reduction, categorization, and conclusion drawn. The results show that the integration of smart technologies, competency enhancement, and business ecosystem collaboration strengthen innovation, productivity, and market expansion. The research concludes that the model is relevant as an adaptive business administration framework to support MSMEs and regional economic growth

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