Comparison of Foreign MSME Development: Organizing the Creative Industry to Support the National Economy

Abstract

Creative industries, especially Micro, Small, and Medium Enterprises (MSMEs), play an important role in Indonesia's GDP growth. However, many MSMEs lack adequate legal protection, especially regarding intellectual property rights such as copyrights, trademarks, and patents. This research uses a Normative legal method using a statutory approach, comparative approach, and conceptual approach. The research data is then analyzed and described descriptively, juridically, and normatively. Qualitative research processes qualitative data in the form of descriptive or narrative data. The results showed that Malaysia and Singapore are countries with large economies for Micro, Small and Medium Enterprises (MSMEs), with different approaches. Malaysia uses affirmative policies, fiscal incentives, and financing through SME Corp to empower MSMEs, with a focus on manufacturing and fiscal incentives. Despite facing challenges such as bureaucracy, low productivity, and global competition, MSMEs continue to grow. Singapore, on the other hand, emphasizes global competitiveness through support institutions and collaboration with multinational companies. Both countries are in the position that strengthening access to finance, skills training, and integration into global supply chains are critical to the success of MSMEs. Both countries stress the importance of coordinated policies, partnership strategies, and technological adaptation to build competitive MSMEs in the era of globalization.