i LIST OF CONTENTS ABSTRACT ..............................................................................................................i ABSTRAK .............................................................................................................. iii LIST OF CONTENTS ..............................................................................................i LIST OF FIGURES ................................................................................................ iii LIST OF TABLES .................................................................................................. iv LIST OF ABBREVIATIONS .................................................................................. v Chapter I Introduction ............................................................................................. 7 I.1 Background...................................................................................... 7 I.2 Research Questions ....................................................................... 15 I.3 Research Objectives ...................................................................... 16 I.4 Research Approach and Methods .................................................. 17 I.5 Novelty and Originality ................................................................. 18 I.6 Key Assumptions and Research Limitations ................................. 19 I.7 Writing Structure ........................................................................... 19 Chapter II Literature Review ................................................................................ 21 II.1 Underlying Theories ...................................................................... 21 II.1.1 Rural Capital ...................................................................... 21 II.1.2 Community Resilience....................................................... 27 II.1.3 Social Entrepreneurship ..................................................... 34 II.1.4 Rural Entrepreneurship ...................................................... 40 II.2 Institutional Context ...................................................................... 47 II.2.1 Past Studies on Bumdes ..................................................... 49 II.2.2 One Village One Company ................................................ 54 II.2.3 Story of Umbul Ponggok Klaten ....................................... 55 II.3 Research State of The Art.............................................................. 58 II.3.1 Proposed Research ............................................................. 58 II.3.2 Proposed Conceptual Framework ...................................... 65 II.3.3 Research Proposition ......................................................... 68 II.4 Chapter Summary .......................................................................... 69 Chapter III Research Methodology ....................................................................... 70 III.1 Research Philosophies ................................................................... 70 III.2 Data and Research Methods ..........................................................