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All Journal Return : Study of Management, Economic and Bussines
Wisman Indra Angkasa
Badan Riset dan Inovasi Nasional
Economics, Econometrics & Finance

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Diversification Strategies of Indonesian Seaweed Commodities to Strengthen Markets, Competitiveness, and Economic Resilience of Coastal Communities Tabrani Tabrani; Wisman Indra Angkasa; Dien Noviany Rahmatika; Fahmi Firmansyah; Teguh Budi Rahajo
Return : Study of Management, Economic and Bussines Vol. 1 No. 3 (2022): Return : Study of Management, Economic And Bussines
Publisher : PT. Publikasiku Academic Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (846.435 KB) | DOI: 10.57096/return.v1i3.21

Abstract

Background: This paper aims to study the potential, opportunities, problems, and strategies for diversifying seaweed commodities to strengthen markets, competitiveness, and economic resilience of coastal communities. Seaweed is an aquaculture product that can improve the people’s economic welfare, deploy many laborers, and even increase the country's foreign exchange. Aim: The potential for seaweed distribution in Indonesia is wide open for those naturally grown and cultivated in the sea. Method: There are good opportunities for the seaweed industry related to the potential for cultivation land, availability of raw materials, and demands for processed products. However, there are problems and challenges to the nation’s ability to export and compete for world market share to meet the world's seaweed needs. Findings: They include low quality and continuity of raw materials, provided capital, weak human and institutional resources, and seaweed products marketing strategies. There must be appropriate strategies for the diversification of Indonesian seaweed commodities for market strengthening, competitiveness, and economic resilience of coastal communities
Co-Authors Dien Noviany Rahmatika Fahmi Firmansyah Tabrani Tabrani Teguh Budi Rahajo