Readiness of Village-Owned Enterprise's to Respond to the Industrial Revolution 4.0 and the COVID-19 in Wangisagara Village, West Java
Abstract
Village-owned enterprise (BUMDes), Niagara, located in Wangisagara Village, have an important role in realizing the village development index as an independent village in the Bandung Regency. The long history of the establishment of BUMDes shows indications of BUMDes governance that can adapt to the times. In the era of the industrial revolution 4.0, many businesses will lose due to automation. In addition, the COVID-19 pandemic has caused a decline in economic activity due to restrictions on businesses in the village. The purpose of the study was to identify the governance pattern of BUMDes Niagara in responding to the industrial revolution 4.0 era as a form of assessing the readiness of BUMDes to respond to technological developments. The research method was carried out using a mixed approach of quantitative and qualitative data sources using primary surveys in the form of questionnaires and interviews as well as observations and secondary data in the form of village data collection. The results of the study indicated that the policy, planning, R&D, secretariat, capital, and human resource governance are categorized as good enough but have not been equipped with business feasibility analysis and online submissions. Meanwhile, the dimensions of production, logistics, and marketing governance still use manual systems.
Keywords: Village Own Enterprises (BUMDes), Governance, Industry Revolution 4.0, Pandemic Covid, Technology
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