Rationality of Informal Sector Vendor Groups in Maintaining Business

Informal sector vendors have now penetrated every city. This phenomenon is interesting to study further, especially their rational efforts to maintain their business. This study aims to determine how the rationality of informal sector vendor groups works in running and maintaining their business. Studying rationality becomes important because, for base consideration, it is important that they run in the group so that they are capable of maintaining their efforts until the moment. This study uses a social definition paradigm with a qualitative approach and a case study research type. The data collection methods used are in-depth interviews and observations. Data analysis uses interactive model analysis with data validity checks by triangulation. The study results show that informal sector vendors do not run informal sector vendors individually and separately, but their vendors are run in groups. The existence of these groups is important because they can help each other or help each other, support each other's vendors by maintaining harmony and mutual respect between each other so that they can run and maintain their business. The rationality of informal sector vendors is included in the type of value rational action (Werk Rational).

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Publication Details

Journal
Ekuilibrium Jurnal Ilmiah Bidang Ilmu Ekonomi
Published
2025-03-12
DOI
https://doi.org/10.24269/ekuilibrium.v20i1.2025.pp196-207
Primary Topic
SMEs Development and Digital Marketing
Type
article
Field-Weighted Citation Impact
0.00
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article

Rationality of Informal Sector Vendor Groups in Maintaining Business

Riza Dessy Nila Ayutika, Yeni Cahyono, Slamet Santoso, Khusnatul Zulfa Wafirotin et al.
Ekuilibrium Jurnal Ilmiah Bidang Ilmu Ekonomi
SMEs Development and Digital Marketing
article

Rationality of Informal Sector Vendor Groups in Maintaining Business

Riza Dessy Nila Ayutika, Yeni Cahyono, Slamet Santoso, Khusnatul Zulfa Wafirotin, ⁠Iin Wijayanti
article en

Abstract

Informal sector vendors have now penetrated every city. This phenomenon is interesting to study further, especially their rational efforts to maintain their business. This study aims to determine how the rationality of informal sector vendor groups works in running and maintaining their business. Studying rationality becomes important because, for base consideration, it is important that they run in the group so that they are capable of maintaining their efforts until the moment. This study uses a social definition paradigm with a qualitative approach and a case study research type. The data collection methods used are in-depth interviews and observations. Data analysis uses interactive model analysis with data validity checks by triangulation. The study results show that informal sector vendors do not run informal sector vendors individually and separately, but their vendors are run in groups. The existence of these groups is important because they can help each other or help each other, support each other's vendors by maintaining harmony and mutual respect between each other so that they can run and maintain their business. The rationality of informal sector vendors is included in the type of value rational action (Werk Rational).

Ekuilibrium Jurnal Ilmiah Bidang Ilmu EkonomiVol. 20(1)
Muhammadiyah University of Ponorogo (ID)
Openalex Percentile: Top 93%
SMEs Development and Digital Marketing
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