Fostering Rural Economic Development through Penta-Helix Collaboration: A Case Study of Village-Owned Enterprises (BUMDesa) in Maros Regency, Indonesia

This study examines the implementation of the Penta-Helix collaboration model in developing Village-Owned Enterprises (BUMDesa) in Maros Regency, Indonesia. The Penta-Helix model involves collaboration between academics, business, community, government, and media. The research aims to provide theoretical contributions to the development of the Penta-Helix concept and practical recommendations for stakeholders in optimizing collaboration to support BUMDesa development. The study employs a qualitative approach, with data collected through Focus Group Discussions (FGDs) involving representatives from each actor in the Penta-Helix collaboration. The findings reveal that each actor has specific roles and contributions, such as academics as conceptors, businesses as enablers, communities as accelerators, government as regulators and controllers, and media as expanders. Although the Penta-Helix collaboration in developing BUMDesa in Maros Regency has not reached an optimal stage, there is great potential for further development. The collaboration shows synergy and resource exchange that can drive innovation and sustainability in BUMDesa development. However, challenges remain, such as the not-yet-optimal role of media in publication and promotion, and the need to strengthen commitment and involvement of various parties in the collaboration. The study suggests several strategic steps to optimize the Penta-Helix collaboration, including strengthening synergy and coordination, increasing human resource capacity, optimizing the role of media, strengthening government support, encouraging active community participation, developing strategic partnerships, and conducting regular monitoring and evaluation. By implementing these steps, the Penta-Helix collaboration in developing BUMDesa in Maros Regency is expected to become more optimal and positively impact the welfare of rural communities through sustainable local economic development.