Today, digital-based economies are developing rapidly, both in the world and in Indonesia. This development raises important issues, such as online versus motorcycle taxi disputes, online retail versus offline retail issues, on-demand services, and personal data security. This book describes in detail the development of digital-based economies in Indonesia, ranging from e-commerce, financial technology, to on-demand services. To provide a more complete picture of what is happening at the global level, this book also discusses the development of digital transformation in other countries, such as Australia, the United States, the United Arab Emirates, the People’s Republic of China, and India. In addition, this book also discusses the direction of digital-based technological and economic development, including projections of the types of jobs in the future. This book contributes constructive thinking in an effort to build a progressive Indonesia in the digital age, as well as being a reference material for all parties who wish to study digital-based economic transformation in Indonesia.

New technologies present governments with opportunities and challenges in a range of key policy areas such as employment, competitiveness, equity, and sustainability. A consensus is that the national government can play an important role in stimulating innovation. This report explores policy options to facilitate Indonesia's technological transformation and unlock its economic growth potential.

This volume provides a lively review of recent economic and political developments in Indonesia and addresses the issue of the country's "Technological Challenge" from a variety of perspectives. These include the policy foundations, the analytical issues, case studies, international co-operation and transfers, as well as particular challenges at the sectoral level and among both large and small enterprises. This is the first volume in English to examine these important questions facing the world's fourth largest country.

An improved innovation capacity of this sector will significantly contribute to the economy growth and accelerate poverty alleviation. Indonesian government has introduced various policies, program and schemes to strengthen its national innovation capacity. On transfer of technology initiatives, there is an increasing trend in many R&D institution and higher education institutions to systematically develop their capacity to be better service providers to industry. A growing numbers of Technology Business Incubators (TBIs) amongst other is aimed at promoting the development of newly technology-based firms/SMEs. Currently there are around 50 technology and business incubators in Indonesia. Likewise, there is an increasing number of developments of Science and Technology Park. In these two types of intermediaries, TBIs and Science and Technology Parks most of them are still in its infancy stages. However, it is interesting to note that there is an encouraging trend in the development of these TBIs and STPs, i.e., an increasing number of TBIs and STPs are initiated by private sectors. TBIs, can become an effective technology transfer mechanism for R&D institution and higher education institutions to further develop the growth of newly technology-based SMEs. Yet, some challenges on this transfer of technology remain. These, among other, include: a need for a sustainable supports to intermediaries until they have minimum capacity to stand on its own, human resources capacity building, and more importantly creation of a conducive ecosystem to new entrepreneurs to access and adopt technology innovation. On national innovation system (NIS/SINAS) strengthening, Indonesia has taken a systematical approach by introducing and implementing various policies and programs. Policies include, for example, inclusion of NIS as a development priority in the mid-term national development plan (RPJM) and institutionalization of policy making body through the establishment of National Committee for Innovation (KIN) who directly responsible to the President of the Republic of Indonesia. Further, a number of initiatives and programs on strengthening of regional innovation system (SIDA) have also been introduced. This includes strengthening capacity of local governments in the development of SIDA in selected regions. In 2011 the government has launched a new initiative, i.e. Master Plan of Acceleration and Expansion of Indonesia Economic Development (MP3EI) 2011-2025 where strengthening national human resources capability and science & technology is one of the three strategies. Implementation of this MP3EI is formulated in the so-called 1 747 innovation initiatives proposed by National Innovation Committee. Finally, this paper proposes two proposals on Study and Workshop on Effective Financing Strategy to Accelerate Technology Transfer to Tec-Based SMEs and Conference and Forum of Asia Pacific Science and Technology Park.

Digital technologies maintain an important tool in today’s business economy. As the economy continues to change, businesses seek out solutions in order to enhance and develop their organization. Business Innovation, Development, and Advancement in the Digital Economy highlights the competitive advantages on the emerging digital economy. Bringing together the classic economy theory and the developments of new technology, this book provides research on current innovations in the digital economy. It is vital resource for practitioners, researchers as well as graduate and undergraduate students.