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Millennials as the Key Driver of the Global Startup Wave

After the great fall, there would be a wave of rebuilding. The same thing goes to the entrepreneurial spirit after The Great Recession. During The Great Recession, the U.S. economy has eliminated more than 8 million jobs which is the steepest decline since the end of World War II.  It has caused many businesses to close for good or file for bankruptcy, on the other hand, the emerging number of unemployment triggered a significant increase in entrepreneurship. The high amount of global unemployment leads more youth to believe that a possible solution to their careers is a startup business. A group of people who are born between the 1980s to the 1990s, which usually labeled as Generation Y or millennials, is suggested as the most entrepreneurial generation compared to the rest. The rough background has made the millennials’ mindset more aware of the global economic risks, therefore, the crisis shock to the workforce fueled a surge in entrepreneurship. As an example, back in 1995...

Masih Layakkah Go-Jek Menggadang-gadang Ekonomi Kerakyatan ketika Investasi Asing ada dibalik Startup Mereka?

First of all, I want to stress to the fact that this isn't a hate speech at all. Saya merupakan salah satu pengguna jasa Go-Jek walaupun termasuk konsumen baru; hanya untuk 1-2 bulan terakhir ini. Menurut saya kemunculan Go-Jek amatlah membantu baik itu dari kacamata customers maupun drivers nya, terlepas dari kontroversi antara Go-Jek dan ojek konvensional, berbagai keluhan aplikasi Go-Jek terutama di awal-awal peluncuran aplikasi Go-Jek, dan masih banyak kasus lagi. Jadi, dari segi pemanfaatan jasa, saya sepenuhnya mendukung ojek dan moda sarana transportasi berbasis online. Pada tanggal 18 Desember 2015 Kemenhub melarang Go-Jek dan startup ojek online lainnya untuk beroperasi karena alasan keselamatan penumpang, namun tak lama kemudian Presiden Jokowi sendiri lah yang turun tangan meminta Kemenhub mencabut larangan dikarenakan moda transportasi ojek telah diterima dan telah menjadi bagian dari opsi transportasi yang dibutuhkan oleh rakyat Indonesia. Permintaan Presiden Jok...

Will Sharing Economy Ended Up Like Another Capitalism?

These days, the sharing economy phenomenon is escalating across the globe. Feel unfamiliar with the term? What about Uber, Airbnb, Etsy, or perhaps the infamous Indonesia based startup GO-JEK? Those are the well-known examples of sharing economy practice. This article will not be able to accommodate a comprehensive explanation about sharing economy; however, I hope readers will be able to conclude the essential points from my page. Benita Matofska, a worldwide expert on the sharing economy, defined the sharing economy as a socio-economic ecosystem built around the sharing of human and physical resources which includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organizations. Sharing economy is also known as collaborative consumption which can be categorized into three types of systems as stated by Rachel Bostman, a collaborative economy expert.  First, Product Service Systems.  Share or rent goods which ...