Is a New Entrepreneurial Generation Emerging in Indonesia?

Abstract

In the first part of this paper, we propose a contextual approach to the subject. In Indonesia, politics, business and ethnicity have often mingled and hampered the growth of an indigenous business class. However, we suggest that in the past decade, things have been evolving. In the second part, we describe through interviews a rising interest in entrepreneurship. The third part illustrates what we consider a notable development in enterprise growth, i.e. the rise of mediators facilitated by media as well as business networking forums and associations. The fourth and final part describes in detail three case studies of recently created SMEs, the founders of which are participants in the previously mentioned networking forums, associations and educational institutions.