Modeling the barriers and enablers of intellectual property-based financing scheme for developing economies: An Indonesian context

Maraya Ghassani Santoso, M. Dachyar

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Indonesia's creative economy possesses enormous potential to grow but still faces formidable challenges ahead in access financing, 92.37% of Indonesia's creative players using its funds. The government in Indonesia has initiatives to offer intellectual property-based financing solutions. The research work is an initial effort to develop an IP-based financing structural framework in developing economies, especially in the Indonesian context. An attempt was made to identify the barriers and enablers from literature and duly validated with experts' opinion. Four main barriers, classified as Financing Regulations, Legal Enforcement, Valuation, and Liquidity, are crucial with ten enablers that had a substantial influence in successfully executing IP-based financing development. The Interpretive Structural Modeling method is applied to develop a structural framework. The Matrice d'Impacts Croisés Multiplication Appliquée àun Classement (MICMAC) analysis furthers assists in computing the driving power and dependence of the barriers and enablers. The research findings a structural framework serves as a roadmap provides holistic and practical insights that will facilitate the strategic decision making for policymakers and stakeholders regarding the IP-based financing development in Indonesia.

Original languageEnglish
Title of host publicationProceedings of the 11th Annual International Conference on Industrial Engineering and Operations Management, 2021
PublisherIEOM Society
Pages1559-1571
Number of pages13
ISBN (Print)9781792361241
Publication statusPublished - 2021
Event11th Annual International Conference on Industrial Engineering and Operations Management, IEOM 2021 - Virtual, Online
Duration: 7 Mar 202111 Mar 2021

Publication series

NameProceedings of the International Conference on Industrial Engineering and Operations Management
ISSN (Electronic)2169-8767

Conference

Conference11th Annual International Conference on Industrial Engineering and Operations Management, IEOM 2021
CityVirtual, Online
Period7/03/2111/03/21

Keywords

  • Creative Economy
  • Intellectual Property
  • Intellectual Property-based Financing
  • Interpretive Structural Modeling
  • MICMAC Analysis

Fingerprint

Dive into the research topics of 'Modeling the barriers and enablers of intellectual property-based financing scheme for developing economies: An Indonesian context'. Together they form a unique fingerprint.

Cite this