Using the Pentahelix Model, the residents of Winong Village, Gempol District, Pasuruan Regency, will be empowered.
Keywords:
pentahelix, generating share value, empowering the communityAbstract
This research fills in the knowledge vacuum on how these policies affect local
economies, particularly in Winong Village. The study highlights the role of private players in
promoting "Creating Shared Value" (CSV), an advancement of Corporate Social Responsibility
(CSR), and presents a fresh use of the pentahelix model. CSV places an emphasis on cooperative
value creation that benefits communities and companies, in contrast to standard CSR programs.
The goal of this qualitative descriptive study is to investigate and foster cooperation amongst the
pentahelix actors—government, business, academia, media, and society—who are essential to
economic growth. The research highlights the special qualities and possibilities of the pentahelix
model in boosting community economic empowerment via a thorough examination of social
reality. According to field results, Winong Village's sustainable economic development is
successfully supported by the pentahelix model when combined with the CSV technique. These
findings provide insightful information for wider applicability in comparable situations and
emphasize the significance of encouraging public-private partnerships and creative approaches for
post-pandemic economic recovery.