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FACING DIGITAL DISRUPTION: CORPORATE ADAPTATION STRATEGIES IN ECONOMY 5.0 Reina A. Hadikusumo; Albert Budiyanto; Elisabeth Sudarmi
INTERNATIONAL JOURNAL OF SOCIETY REVIEWS Vol. 3 No. 3 (2025): MARCH
Publisher : Adisam Publisher

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Abstract

In the Economy 5.0 era, digital disruption is a significant challenge for companies in various sectors. This article explains the importance of an adaptation strategy to deal with rapid and complex technological change. Digital transformation is not only about adopting new technologies, but also involves changes in business operations and work culture. Upgrading employee skills through continuous training is a key factor in ensuring that the workforce remains relevant and competent. In addition, the development of a collaborative business ecosystem through strategic partnerships with technology startups, research institutions, and the government is identified as an important approach to creating innovation and added value. By implementing this strategy, companies can be more adaptive in facing the challenges of digital disruption and remain competitive in Economy 5.0.
EVOLUTION OF ECONOMIC THOUGHT: A REVIEW OF THE LITERATURE AND ITS IMPLICATIONS FOR MODERN ECONOMIC POLICY Reina A. Hadikusumo; Sabirin Sabirin; Solikah Nurwati
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 4 (2025): APRIL
Publisher : CV. Adiba Aisha Amira

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The development of economic theories has evolved from the classical era to the modern era, and how these ideas influence economic policy formulation today. This research examines the major literature articulating the changes in economic paradigms, including classical, neoclassical, Keynesian, and modern economic theories such as Behavioural and Institutional Economics. The analysis shows that each approach has its own strengths and limitations as well as important contributions to our understanding of economic mechanisms. The implications of this evolution of thought for modern economic policy are significant, as policymakers must take into account various theoretical perspectives to design effective and adaptive policies. This multitheoretical approach allows for more comprehensive policies in addressing contemporary economic issues such as macroeconomic stability, inflation management, unemployment, resource distribution, and socio-institutional factors. Thus, this study emphasises the importance of flexibility and innovation in economic policy to achieve sustainable and inclusive economic development.