Natural resource governance and strategic economic resources: The perspective of Indonesia Raya Incorporated

Abstract The study aims to identify and describe the theory of economic development according to the thinking of Indonesia Raya Incorporated (IRI) in managing the interest of natural resources included in strategic economic resources. This study used a qualitative method through a grounded theory ap...

Full description

Bibliographic Details
Main Authors: Roderikus Agus Trihatmoko, Yuvensius Sri Susilo
Format: Article
Language:English
Published: Springer Nature 2024-03-01
Series:Humanities & Social Sciences Communications
Online Access:https://doi.org/10.1057/s41599-024-02772-5
_version_ 1797259401314172928
author Roderikus Agus Trihatmoko
Yuvensius Sri Susilo
author_facet Roderikus Agus Trihatmoko
Yuvensius Sri Susilo
author_sort Roderikus Agus Trihatmoko
collection DOAJ
description Abstract The study aims to identify and describe the theory of economic development according to the thinking of Indonesia Raya Incorporated (IRI) in managing the interest of natural resources included in strategic economic resources. This study used a qualitative method through a grounded theory approach with constructivism and criticism as the interpretation approach. The data collected through the Focus Group Discussion (FGD) technique was processed using a componential analysis approach. The study results reveal the content of the main variables of economic development, namely the role and function of the government and state enterprises, namely State-Owned Enterprises (SOEs) and Regional-Owned Enterprises (ROEs), related to the potential of managing natural resources and other strategic economic resources which are determinants of the economic strata of population or for improving the welfare of the people. These novel findings highlights the significance of natural resource governance and strategic economy, namely the IRI’s perspective on economic development. The theory and conception contribute to deepening knowledge previously proposed in IRI and Murakabi economics. So, this knowledge has implications for natural resources management practices by the government and corporate strategies within the body of SOEs and ROEs in Indonesia and the global world. This includes the possibility of strategies for national and multinational private companies whose main business positions are based on natural resources and strategic economics.
first_indexed 2024-04-24T23:08:50Z
format Article
id doaj.art-00a442e19f86409680fdf4ad8fc935ff
institution Directory Open Access Journal
issn 2662-9992
language English
last_indexed 2024-04-24T23:08:50Z
publishDate 2024-03-01
publisher Springer Nature
record_format Article
series Humanities & Social Sciences Communications
spelling doaj.art-00a442e19f86409680fdf4ad8fc935ff2024-03-17T12:18:44ZengSpringer NatureHumanities & Social Sciences Communications2662-99922024-03-0111111210.1057/s41599-024-02772-5Natural resource governance and strategic economic resources: The perspective of Indonesia Raya IncorporatedRoderikus Agus Trihatmoko0Yuvensius Sri Susilo1Graduate Study Program of Faculty of Social and Political Sciences, Universitas SurakartaDepartment of Economics and Business, and Graduate Study Program, Universitas Atma Jaya YogyakartaAbstract The study aims to identify and describe the theory of economic development according to the thinking of Indonesia Raya Incorporated (IRI) in managing the interest of natural resources included in strategic economic resources. This study used a qualitative method through a grounded theory approach with constructivism and criticism as the interpretation approach. The data collected through the Focus Group Discussion (FGD) technique was processed using a componential analysis approach. The study results reveal the content of the main variables of economic development, namely the role and function of the government and state enterprises, namely State-Owned Enterprises (SOEs) and Regional-Owned Enterprises (ROEs), related to the potential of managing natural resources and other strategic economic resources which are determinants of the economic strata of population or for improving the welfare of the people. These novel findings highlights the significance of natural resource governance and strategic economy, namely the IRI’s perspective on economic development. The theory and conception contribute to deepening knowledge previously proposed in IRI and Murakabi economics. So, this knowledge has implications for natural resources management practices by the government and corporate strategies within the body of SOEs and ROEs in Indonesia and the global world. This includes the possibility of strategies for national and multinational private companies whose main business positions are based on natural resources and strategic economics.https://doi.org/10.1057/s41599-024-02772-5
spellingShingle Roderikus Agus Trihatmoko
Yuvensius Sri Susilo
Natural resource governance and strategic economic resources: The perspective of Indonesia Raya Incorporated
Humanities & Social Sciences Communications
title Natural resource governance and strategic economic resources: The perspective of Indonesia Raya Incorporated
title_full Natural resource governance and strategic economic resources: The perspective of Indonesia Raya Incorporated
title_fullStr Natural resource governance and strategic economic resources: The perspective of Indonesia Raya Incorporated
title_full_unstemmed Natural resource governance and strategic economic resources: The perspective of Indonesia Raya Incorporated
title_short Natural resource governance and strategic economic resources: The perspective of Indonesia Raya Incorporated
title_sort natural resource governance and strategic economic resources the perspective of indonesia raya incorporated
url https://doi.org/10.1057/s41599-024-02772-5
work_keys_str_mv AT roderikusagustrihatmoko naturalresourcegovernanceandstrategiceconomicresourcestheperspectiveofindonesiarayaincorporated
AT yuvensiussrisusilo naturalresourcegovernanceandstrategiceconomicresourcestheperspectiveofindonesiarayaincorporated