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Analytics

Nur Hidayatillah; Muhammad Yasin

Jurnal Ekonomi dan Pembangunan Indonesia 2024 Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Business strategy is very important in running a business. Increasingly fierce and diverse competition means that entrepreneurs must pay more attention to their business strategies. This is because the business can continue and develop amidst intense competition. According to Pedersen and Ritter (2020), strategy is a plan before it is carried out and followed up through practical activities. Strategy is a unique special preparation activity that differentiates the owner's business strategy from competitors in order to optimize competitiveness. Strategy is a project, meaning it provides solutions for the future and potential users. Strategy is defined as a pattern and shows company activities that can be explained through patterns that emerge from activities that have been planned and carried out previously. Strategy as a position means that entrepreneurs can use all the resources they have, both physical and scientific, to provide unique products to find a market that aims to be superior to competitors. Finally, the strategic perspective refers to the organizational culture of business people to view themselves and their environment as a strategy.

Mahardhika Harilinawan; Muhammad Yasin

Jurnal Ekonomi dan Pembangunan Indonesia 2024 Asosiasi Riset Ekonomi dan Akuntansi Indonesia

The industrial sector contributes greatly to national economic development through increasing added value, creating jobs and providing foreign exchange. The government and investors need to know the sectors that play an important role in the economy. An industrialization strategy is needed to overcome challenges in industrial development and achieve Indonesia's vision as a sovereign, advanced, just and prosperous country. Structural transformations are important in economic development, including changes from agriculture to non-agriculture and from industry to services. Industrialization is considered a path to advanced economic development. The government in Indonesia is trying to advance industry, especially in the agricultural sector which has great potential for economic development.

Rifdatul Hanifah; Muhammad Yasin

Jurnal Ekonomi dan Pembangunan Indonesia 2024 Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Regional economic development is closely related to changes and transformations of economic structures. There are four main aspects of economic development, namely growth, poverty alleviation, economic transformation, and sustainable development from an agrarian to industrial society. In Indonesia, economic development has encouraged growth and changes in economic structure, which are closely related. Structural transformation, namely the transition from the agricultural sector to the industrial or service sector, is a characteristic feature of developing countries. It involves changes in demand, trade, production, and other factors aimed at increasing per capita income and societal welfare. State-controlled industrialization policies have intellectual roots in the 19th century and have been the main strategy in many developing countries, including Indonesia since 1969. This strategy succeeded in shifting the economic focus from the agricultural sector to the industrial and service sectors, which also involved social transformation in addition to transformation. economy. Industrialization is defined as a significant socio-economic change, from a pre-industrial stage with low per capita income to a more advanced industrial stage.