Prospects and Challenges of Multi-Stakeholder Cooperatives in Supporting Community-Based Economy in Indonesia
##plugins.themes.EpsilonTheme.article.main##
Asep Koswara*
Ervan Taofik
Erik Andriana
Jati Gunawan
Leni Maria
Multi-stakeholder cooperatives (KMPs) play a crucial role in fostering economic inclusivity and sustainability within Indonesia’s community-based economy. This study examines the effectiveness of KMPs, identifies key challenges in governance, financing, and stakeholder coordination, and explores strategic solutions to enhance their impact. Findings reveal that KMPs promote equitable economic participation, support local entrepreneurship, and encourage long-term financial stability. However, challenges such as governance complexities, limited access to capital, and stakeholder misalignment hinder their effectiveness. Regional variations further influence the success of KMPs, highlighting the need for tailored policy interventions. Despite these challenges, emerging opportunities—such as digitalization, alternative financing models, and strengthened regulatory support—offer potential pathways for growth. To maximize the impact of KMPs, targeted policies, improved financial mechanisms, and stronger multi-sector collaborations are essential. By addressing these issues, KMPs can serve as transformative economic models, fostering sustainable development and enhancing resilience in local economies across Indonesia.
Akbar, I. (2022). Rekonstruksi Pengaturan Koperasi Dengan Model Multi Pihak Berdasarkan Nilai Keadilan Pancasila. Universitas Islam Sultan Agung (Indonesia).
Birchall, J. (2004). Cooperatives and the millennium development goals.
Creswell, J. W., & Poth, C. N. (2016). Qualitative inquiry and research design: Choosing among five approaches. Sage publications.
Gonzalez, R. A. (2017). Going back to go forwards? From multi-stakeholder cooperatives to Open Cooperatives in food and farming. Journal of Rural Studies, 53, 278–290.
Hamdani, D. (2025). Koperasi Multipihak: Terobasan Baru dalam Pengembangan Koperasi Modern. Koaliansi: Cooperative Journal, 4(2), 93–96.
Krippendorff, K. (2018). Content analysis: An introduction to its methodology. Sage publications.
Leviten-Reid, C., & Fairbairn, B. (2011). Multi-stakeholder governance in cooperative organizations: toward a new framework for research? Canadian Journal of Nonprofit and Social Economy Research, 2(2).
Lund, M., & Novkovic, S. (2023). Multi-stakeholder cooperatives. Handbook of Research on Cooperatives and Mutuals, 531–548.
Michaud, M., & Audebrand, L. K. (2019). Inside out, outside in:“supporting members” in multi-stakeholder cooperatives. Management Decision, 57(6), 1382–1398.
Miles, M. B., & Huberman, A. M. (1994). Qualitative data analysis: An expanded sourcebook. sage.
Münkner, H.-H. (2004). Multi-stakeholder co-operatives and their legal framework. Trends and Challenges for Co-Operatives and Social Enterprises in Developed and Transition Countries, 49–82.
Novkovic, S. (2019). Multi-stakeholder cooperatives as a means for jobs creation and social transformation. In Cooperatives and the World of Work (pp. 220–233). Routledge.
Nur, A., Utami, A. S., Cahyani, D. D., Amalia, G. S., & Putri, J. A. (2025). Koperasi Multipihak dalam Mendukung Keberlanjutan Usaha Mikro Kecil dan Menengah (UMKM). Jurnal Kajian Dan Penalaran Ilmu Manajemen, 3(1), 51–60.
Nuraini, H., Gunarto, G., & Satyawan, D. S. (2025). Leveraging Local Potential through Multi-Stakeholder Collaboration for Sustainable Tourism Village Development. Pakistan Journal of Life & Social Sciences, 23(1).
Purnomo, H., Achdiawan, R., Shantiko, B., Amin, S. M., Irawati, R. H., & Wardell, D. A. (2016). Multi-stakeholder processes to strengthen policies for small and medium-scale forestry enterprises in Indonesia. International Forestry Review, 18(4), 485–501.
Sacchetti, S., & Birchall, J. (2018). The comparative advantages of single and multi-stakeholder cooperatives: reflections for a research agenda. Journal of Entrepreneurial and Organizational Diversity, 7(2), 87–100.
Sacchetti, S., & Tortia, E. C. (2014). The social value of multi-stakeholder cooperatives: The case of the CEFF system in Italy. In Research handbook on sustainable co-operative enterprise (pp. 285–300). Edward Elgar Publishing.
