Article ID Journal Published Year Pages File Type
982020 Procedia Economics and Finance 2012 9 Pages PDF
Abstract

Creativity, innovation in knowledge economic era is urgent, especially in order to enhance the productivity and economic growth. However, for some reason productivity and economic growth cannot be reached because of facing a crisis or disaster. One of the disasters that occurs and disturbs the economic growth is the mud volcano in Porong Sidoarjo, East Java. The mud volcano spurted hazardous material and caused most irrigation system within vicinity was polluted. As result, shrimp sector have been indirect reputational impacted.There are four responds that farmers show in facing the threats. The first respond is that the farmers react spontaneously by protesting the BPLS and sought a compensation for their losses. The second respond is that the farmers sold their ponds and changes their business to another sector. The third respond is that the farmer changes their commodity that cultivate from shrimp to another stronger fish. The last responds that identified is that the still cultivate the shrimp but by modifying their technique and practices in cultivate shrimp.In short, the farmers respond differently in facing the disaster. The creative one would adopt a new method in shrimp cultivation such create water filtering technique, find new feeding method or discover new treatment in cultivate shrimp that more environmentally friendly. This creativity could escalating opportunity for gaining stable and rising prosperity for advanced economies’ community

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics