Syamsu Rijal
Department of Economics and Business,Universitas Negeri Makassar

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Optimizing Natural Resource Value-Added through Creative Human Capital Empowerment in the Regional Digital Economy Ecosystem Syamsu Rijal; Muhammad Nur Afiat; Mustari; Marhawati Najib
International Journal of Business and Quality Research Vol. 4 No. 02 (2026): International Journal of Business and Quality Research (IJBQR)
Publisher : Citakonsultindo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63922/ijbqr.v4i02.3882

Abstract

The world economy is changing, and this research examines how to maximize profits from a place's natural resources. It does this by building the skills of inventive people in the area’s digital world. Essentially, it’s about how combining digital tools with people’s imagination can turn basic materials into things that are actually in demand and worth a lot of money. After a thorough review of past research, the report shows that a combination of government plans to process materials using digital means and increasing the skills of the people who live in the area is the most important way to establish growth for the region that’s both lasting and benefits everyone. The creative economy isn't just something to help the economy; it’s the main thing that will allow a region to rely less on selling off raw materials and more on new ideas. The findings offer guidance to those in charge of areas, showing them how to build an economic development plan that considers future resource management and strengthens the digital market.
Analyzing the Economic Feasibility of Circular Economy Practices in Natural Resource Utilization Syamsu Rijal; Muhammad Nur Afiat; Mustari
International Journal of Business and Quality Research Vol. 4 No. 02 (2026): International Journal of Business and Quality Research (IJBQR)
Publisher : Citakonsultindo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63922/ijbqr.v4i02.3891

Abstract

The transition from a linear, extractive economy to a circular economy is crucial for Indonesia, a resource-rich country, in maintaining long-term economic resilience. This study aims to analyze the economic feasibility of circular economy practices in natural resource utilization in Indonesia using a longitudinal approach over a decade (2014–2024). The methodology used is descriptive quantitative with Net Present Value (NPV) analysis, Internal Rate of Return (IRR), and the integration of Green Accounting to monetize environmental externalities. The results show that circular economy projects in the downstream mineral and plantation sectors reach break-even on average within 4.5-6 years, with an increase in operational efficiency of 18–25% through waste reduction and raw material substitution. The novelty of this study lies in the use of 10-year time-series data, which validates that circularity significantly reduces the company's financial risk profile to global commodity price volatility. The implications of this study emphasize the need to standardize secondary material prices and to implement more aggressive fiscal incentives to accelerate the national green economy transformation.