Evaluating Startup Business Resilience Strategies in Indonesia using System Dynamics

This paper explores resilience strategies for Indonesian startups through system dynamics modeling. Startups in developing nations face considerable risks, which results in a need to be resilient in mitigating disruptions. We define resilience as returning an organization to pre-disruption performance levels and developing a model focusing on innovation, marketing, valuation, and cost optimization. We assess these strategies’ efficacy in managing risks and ensuring sustainability by simulating these strategies. Our recommendations support business owners, governments, and academics in promoting Indonesia’s more resilient startup ecosystem, which is crucial for long-term growth and stability despite uncertainties.