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Digitalization of the Economy and Traditional Market Economic Behavior in Social Studies Perspective

Tetep (), Alni Dahlena, Nizar Alam Hamdani, Triani Widyanti and Ade Suherman
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Tetep: Institut Pendidikan Indonesia, Pendidikan IPS Fakultas Pendidikan Ilmu Sosial Bahasa dan Sastra
Alni Dahlena: Institut Pendidikan Indonesia, Pendidikan IPS Fakultas Pendidikan Ilmu Sosial Bahasa dan Sastra
Nizar Alam Hamdani: Fakultas Ekonomi dan Bisnis Universitas
Triani Widyanti: Institut Pendidikan Indonesia, Pendidikan IPS Fakultas Pendidikan Ilmu Sosial Bahasa dan Sastra
Ade Suherman: Institut Pendidikan Indonesia, Pendidikan IPS Fakultas Pendidikan Ilmu Sosial Bahasa dan Sastra

A chapter in Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022), 2024, pp 300-309 from Springer

Abstract: Abstract The phenomenon of economic digitization has penetrated every aspect of economic activity. This phenomenon has caused fundamental changes in the economic behavior of Indonesian people, especially in the Garut Regency. This study examines the behavior of the traditional economy in conditions of economic digitization and the impact of economic digitization on changes in economic behavior in traditional societies. The sample used in this study were economic actors in the traditional market of Garut using survey techniques on 50 traditional market traders. The results showed that economic digitization activities did not have a significant impact on the economic conventional market behavior of economic actors 58.5%. Emotional and social ties together are more formed in traditional market economic actors by 73.5%. This research is essential to show that the economic digitization system cannot replace traditional market economic actors because of the emotional and social ties in addition to having different segments. Therefore, it is necessary to emphasize the regulatory criteria that can manage the development of this economic digitalization and maintain the behavior of traditional market economic actors in the future.

Keywords: Economic Digitization; Traditional Economic Behavior; Social Studies (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-234-7_29

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DOI: 10.2991/978-94-6463-234-7_29

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