Optimising Green Industry Development to Strengthen the National Economy

Purpose: The study analyses the current status of green industry development in Indonesia, investigates the factors influencing its progress, and proposes optimisation strategies to support a sustainable national economy. Study Design/Methodology/Approach: A descriptive research method is applied using the PESTLE (Political, Economic, Social, Technological, Legal, and Environmental) framework. Data sources include comprehensive literature reviews, national policy documents, and industry performance reports. Findings: The study reveals that green industry development in Indonesia faces substantial obstacles, such as regulatory inconsistencies, limited access to local technological innovation, inadequate fiscal incentives, and a shortage of skilled human resources in green sectors. Despite these challenges, there are significant opportunities for improvement through enhanced technological innovation, strengthened cross-sector collaboration, expanded government incentives, and increased investment in green industries. Originality/Value: The study provides a novel contribution by presenting actionable strategies for optimising green industry development through regulatory harmonisation and multi-stakeholder collaboration. The insights offer policy recommendations designed to foster sustainable, inclusive, and competitive economic growth in alignment with national and international sustainability commitments.

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Publication Details

Journal
Jurnal Lemhannas RI
Published
2024-09-30
DOI
https://doi.org/10.55960/jlri.v12i3.984
Citations
1
Primary Topic
Sustainable Supply Chain Management
Type
article
Field-Weighted Citation Impact
0.55
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article

Optimising Green Industry Development to Strengthen the National Economy

Majid Maddah, I Gusti Putu S.D
1 citations
Jurnal Lemhannas RI
Sustainable Supply Chain Management
0.55
article

Optimising Green Industry Development to Strengthen the National Economy

Majid Maddah, I Gusti Putu S.D
article en
1 citations

Abstract

Purpose: The study analyses the current status of green industry development in Indonesia, investigates the factors influencing its progress, and proposes optimisation strategies to support a sustainable national economy. Study Design/Methodology/Approach: A descriptive research method is applied using the PESTLE (Political, Economic, Social, Technological, Legal, and Environmental) framework. Data sources include comprehensive literature reviews, national policy documents, and industry performance reports. Findings: The study reveals that green industry development in Indonesia faces substantial obstacles, such as regulatory inconsistencies, limited access to local technological innovation, inadequate fiscal incentives, and a shortage of skilled human resources in green sectors. Despite these challenges, there are significant opportunities for improvement through enhanced technological innovation, strengthened cross-sector collaboration, expanded government incentives, and increased investment in green industries. Originality/Value: The study provides a novel contribution by presenting actionable strategies for optimising green industry development through regulatory harmonisation and multi-stakeholder collaboration. The insights offer policy recommendations designed to foster sustainable, inclusive, and competitive economic growth in alignment with national and international sustainability commitments.

Jurnal Lemhannas RIVol. 12(3)
Ministry of Foreign Affairs (ID)
Openalex Percentile: Top 19%
Sustainable Supply Chain Management
0.55
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