Regional Economic Development through Creative Industries and Halal Lifestyle: The Case of Bandung City Indra Fajar Alamsyah1 Hantoro Ksaid Notolegowo2
1 Department of Management, Faculty of Economics and Business, Universitas Islam Bandung
2 Department of Economics, Faculty of Economics and Business, Universitas Islam Bandung
Abstract
As part of the United Nations Educational, Scientific and Cultural Organization (UNESCO) Creative Cities Network, the City of Bandung continues to nurture the economic growth of the creative sector. In fact, creativity has been the backbone of the city^s economy for many years. Because of that it is very important to continue to conduct studies around the creative economy and the city of Bandung. As a multicultural city inhabited by many young Muslims, the city of Bandung is also a potential place for the movement of the halal economy. The halal lifestyle in the last few years has shown an increasing trend in the lives of young people in the city of Bandung. Of course, this potential must also be linked to the potential of the city of Bandung with its creative economy. On the one hand regional economic development is a challenge in itself today, so there is a need for research that classifies strategic factors from elements of the creative economy and halal lifestyle for regional economic development in Bandung City. This study wants to explore the factors of regional economic development through the creative economy and halal lifestyle using the Exploratory Factor Analysis (EFA) method. EFA is a factor analysis that has a procedure, which examines the data and provides research with information on how many factors are needed to describe the data. By using the EFA method, strategic factors can be found from the creative economy and halal life style that can play a role in regional economic development in the city of Bandung.
Keywords: Regional Economy, Creative Economy, Halal Lifestyle, Bandung City
Topic: Economic Welfare in Terms of Islamic Perspective
