Track: Industrial Management

Abstract

Indonesia’s creative economy possesses enormous potential to grow but still faces formidable challenges ahead in access financing, 92.37% of creative players in Indonesia using its funds. The government in Indonesia has initiatives to offer intellectual property-based financing solutions. The research work is one of the initial efforts to develop an IP-based financing structural framework in developing economies, especially in the Indonesian context. An attempt made to identify the barriers and enablers from literature and duly validated with experts’ opinion. Four main barriers, classified as Financing Regulations, Legal Enforcement, Valuation, and Liquidity, are crucial with ten of enablers that had a substantial influence in successfully executing IP-based financing development. The Interpretive Structural Modeling method is applied to develop a structural framework. The Matrice d’Impacts Croisés Multiplication Appliquée àun Classement (MICMAC) analysis furthers assists in computing the driving power and dependence of the barriers and enablers. The research findings a structural framework serves as a roadmap provides holistic and practical insights that will facilitate the strategic decision making for policymakers and stakeholders regarding the IP-based financing development in Indonesia.