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Today's Headlines Innovation

  • Indonesia's Manufactured Products Not Enough Varied & Innovative

    Indonesia's manufacturing sector has seen its contribution to overall Indonesian macroeconomic growth sliding over the past two decades. The cause is the lack of new and innovative products in this sector. This is the conclusion of Ricardo Hausmann, Director of the Center for International Development and a Professor of the Practice of Economic Development at the John F. Kennedy School of Government at Harvard University.

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  • Indonesia's Ranking in A Selection of International Indexes

    How does Indonesia rank internationally in terms of happiness, human development, global innovation, and global competitiveness? Below we present a number of global rankings. Generally, Indonesia is ranked among the lower-medium segment, implying the nation has a long way to go before becoming an advanced economy.

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  • APEC Business Advisory Council (ABAC) Gives Five Recommendations

    The APEC Business Advisory Council (ABAC), a permanent high-level business advisory group that is created by the Asia Pacific Economic Cooperation (APEC), has given five recommendations to the 21 member countries of the APEC. These recommendations involve regional economic integration, sustainable development, entrepreneurship as well as small and medium enterprises (SMEs), an economic and banking forum, and lastly, a dialogue in the industry sector concerning scientific innovation.

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Latest Columns Innovation

  • The Importance Of Focusing On Risk Management Of Supply Chain

    The Importance Of Focusing On Risk Management Of Supply Chain

    There are two primary goals because of which people start a business. The first goal is to create an innovative product or service that meets the market’s existing gap. Secondly, any company must make a profit. Without meeting the second goal, working on the first goal of any business is almost impossible. In an ideal world, creating a good product or service would have sufficed to run the business smoothly. However, we live in an imperfect world where many variables determine a business’s success.

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  • Difficult for Indonesia to Become an Innovation-Driven Economy

    A new report shows Indonesia lacks behind its regional peers in terms of innovation. This is a concern because it means Indonesia's workforce is not equipped with the skills, knowledge or health that are necessary to be innovation-driven. Therefore, the Indonesian government needs to remain focused on enhancing the quality of education and healthcare. Innovation is widely regarded as a driver of economic growth and development.

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