LEGAL ASPECTS IN PROMOTING THE DYNAMICS OF UPSTREAM INDRAGIRI HULU ECONOMIC DEVELOPMENT
Keywords:
: Legal Aspects, Dynamics Upstream, Economy DevelopmentAbstract
The background of this research is a field experiment which finds that there are many emerging
businesses and after observing there is a comparison of developing and undeveloped
businesses. One of the things that affect it is the lack of capital and requires subsidized funds
which of course will be difficult to obtain. The difficulty in finding additional funds is
inseparable from the role of legal aspects in business. However, the purpose of this research
is inseparable from the concept of management which shows the role of its impact on economic
development in Indragiri Hulu. The research method uses qualitative methods which are
described to look for issues of economic development and community difficulties in obtaining
the legal standing of the business being run. This legal standing, of course, is based on
licensing, the stages of which are poorly understood. The role of this legal standing can be
conveyed to the general public, so that more and more businesses have businesses that have
permits, so that in obtaining sources of funds for the development of the business concerned,
and of course it can support the regional economy, especially the Indragiri Hulu Regency. As
a result, government participation must be quantifiable, implying that the government
considers the amount to which it intervenes in the economy in three ways: (1) as a regulator,
(2) as a provider, and (3) as an entrepreneur. While the most essential purpose of the law is to
give certainty in the conduct of economic transactions. The government's primary
responsibility is to enforce the law. and the main function of law is social progress and better
standards of life.