Fostering Economic Self-Reliance via Asset-Based Community Development (ABCD) in Entrepreneurial Practices

Community economic empowerment through entrepreneurship is essential for achieving inclusive and sustainable development. Despite this, many communities continue to struggle with leveraging local resources effectively and remain reliant on external support. This community service initiative adopts the Asset-Based Community Development (ABCD) approach to enhance entrepreneurial capacities by harnessing local assets. The program involves several key stages: local asset identification, participatory planning, capacity-building workshops, business mentoring, and ongoing monitoring and evaluation. Data were collected through observations, structured interviews, and surveys to assess changes in knowledge, skills, and economic outcomes. Findings indicate substantial improvements in participants' entrepreneurial competencies, strengthened social networks, and increased business resilience, leading to reduced dependence on external aid. The ABCD approach demonstrates strong potential for mobilizing endogenous resources as a foundation for self-reliant and sustainable community economic development. This initiative offers a replicable model for supporting agribusiness development and holistic community empowerment.

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Publication Details

Journal
Journal of Community Service In Economics Bussiness and Islamic Finance
Published
2024-12-31
DOI
https://doi.org/10.24239/jcsebif.v2i1.3930.1-9
Primary Topic
Community Development and Social Impact
Type
article
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article

Fostering Economic Self-Reliance via Asset-Based Community Development (ABCD) in Entrepreneurial Practices

Syarif Hidayatullah, Asni, Lailatul Fitriani, Safitri et al.
Journal of Community Service In Economics Bussiness and Islamic Finance
Community Development and Social Impact
article

Fostering Economic Self-Reliance via Asset-Based Community Development (ABCD) in Entrepreneurial Practices

Syarif Hidayatullah, Asni, Lailatul Fitriani, Safitri, Nurfauziah Mansur, Moh. Anwar Zainuddin
article en

Abstract

Community economic empowerment through entrepreneurship is essential for achieving inclusive and sustainable development. Despite this, many communities continue to struggle with leveraging local resources effectively and remain reliant on external support. This community service initiative adopts the Asset-Based Community Development (ABCD) approach to enhance entrepreneurial capacities by harnessing local assets. The program involves several key stages: local asset identification, participatory planning, capacity-building workshops, business mentoring, and ongoing monitoring and evaluation. Data were collected through observations, structured interviews, and surveys to assess changes in knowledge, skills, and economic outcomes. Findings indicate substantial improvements in participants' entrepreneurial competencies, strengthened social networks, and increased business resilience, leading to reduced dependence on external aid. The ABCD approach demonstrates strong potential for mobilizing endogenous resources as a foundation for self-reliant and sustainable community economic development. This initiative offers a replicable model for supporting agribusiness development and holistic community empowerment.

Journal of Community Service In Economics Bussiness and Islamic FinanceVol. 2(1)
Universitas Islam Negeri Sumatera Utara (ID), Universitas Islam Negeri Datokarama Palu (ID)
Openalex Percentile: Top 62%
Community Development and Social Impact
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Fostering Economic Self-Reliance via Asset-Based Community Development (ABCD) in Entrepreneurial Practices — Syarif Hidayatullah, Asni, et al. · Journal of Community Service In Economics Bussiness and Islamic Finance (2024) | TGRS Research Map | TGRS