THE LEGAL IMPLEMENTATION OF PARTNERSHIP AGREEMENT (AKAD SYIRKAH) AMONG Y GENERATION ENTREPRENEURS DURING COVID-19 PANDEMIC

Abstract

The outbreak of Covid-19 has affected all aspects of life, including the economic sector. Business people have to pay more attention to the future of business uncertainty due to the outbreak; which limits communication access only to online mode in running a business. Therefore, some changes need to be done. Y generation Entrepreneurs (Millennials) modify their business, in the technical or non-technical matter. On one side, in the technical matter, they utilize more digital technology; On the other side, non-technically, they should also modify their partnership agreements owing to the pandemic uncertainty. Because of the massive population, the new normal during pandemic also becomes an uneasy challenge to be maximally and directly conquered in all regions of Indonesia, especially in Banjarmasin where the people and economic state is heterogeneous. Currently, there is a gap between the government authority to strictly limit people's activity for flattening the virus and the urgency of business people of meeting the need and improving their economic condition. From this study, the researchers aim to find what has been by the entrepreneurs in Banjarmasin region in practicing the partnership agreement during the CoViD-19 pandemic. This study also aims to inform future entrepreneurs about partnership agreements during the pandemic. The data were collected through direct interviews of Y generation (Millennial) entrepreneurs born in and after 1980 who employ partnership agreements in their business treaty. The findings showed that some entrepreneurs change their ways of doing partnership agreements. The changes includes principles, requirements, and technical matters of the agreements with the support of media and technology. In addition, they also seek to increase their discretion from the detrimental impact on their respective roles.