Triple Helix: How the Model Affects Small Medium-Sized Enterprises

Abstract

A Cross-sector collaboration among university, government, and industry/business in the context of the Triple Helix model has become the central issue of addressing the growth of the global economy, particularly, Small and Medium-Sized Enterprises (SMEs). Thus, the purpose of this study was to examine the effect of three leading actors in the Triple Helix model to the development of SMEs. The study employed a quantitative approach and Structural Equitation Model (SEM) to find out the effects of three helixes on SMEs. 246 respondents of SMEs from two regions; the province of Bandung and Banten took part in an online survey. The findings reported that the government, industry, and government affect positively to small and medium-sized enterprises. It indicates that the Triple Helix model plays a significant contribution to SMEs.