10th International Congress on Information and Communication Technology

Authors - Abdul Wahab Samad, Noerlina AnggIvanraeni, Khairul Ismed, Ivan Lilin Suryono, Zahera Mega Utama
Abstract - Cooperatives are a vital part of Indonesia's economy, and their growth and development have changed several times over the country's history. One of the cornerstones of any functional economy is the cooperative. Much headway was made towards assisting farmers during the New Order through the formation of Village Unit Cooperatives, often called Koperasi Unit Desa (KUD). Conversely, these cooperatives are encountering roadblocks and challenges in their development at the moment. In order to weigh the pros and cons of cooperatives, it is necessary to set up a cooperative framework that considers the cooperative movement and backs regulatory standards. Building this structure is a prerequisite to achieving this goal. That cooperative goods will be available for purchase and supported adequately in the future is ensured by embracing this paradigm. One of the quantitative research methodologies used for this examination was the Smart Partial Least Square (Smart PLS) analysis. An investigation was conducted to assess the scope of the opportunities and constraints that the cooperative market faces in its pursuit of integration into the Indonesian economy. The data found by the academic community at the Institute of Business and Informatics in 1957 shows that the p-value is less than 0.05, which means that there is a substantial association with a number higher than 0.7. This opens up a lot of possibilities for the development and expansion of cooperatives in Indonesia. It is possible that these cooperatives may form the bedrock of the country's future economic success