Return : Study of Management, Economic and Bussines
Vol. 1 No. 3 (2022): Return : Study of Management, Economic And Bussines

Diversification Strategies of Indonesian Seaweed Commodities to Strengthen Markets, Competitiveness, and Economic Resilience of Coastal Communities

Tabrani Tabrani (Badan Riset dan Inovasi Nasional)
Wisman Indra Angkasa (Badan Riset dan Inovasi Nasional)
Dien Noviany Rahmatika (Badan Riset dan Inovasi Nasional)
Fahmi Firmansyah (Badan Riset dan Inovasi Nasional)
Teguh Budi Rahajo (Badan Riset dan Inovasi Nasional)



Article Info

Publish Date
20 Nov 2022

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

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Journal Info

Abbrev

return

Publisher

Subject

Economics, Econometrics & Finance

Description

The Journal RETURN is a double blind peer-reviewed academic journal and open access to social and scientific fields. The journal is published monthly by PT. Publikasiku Academic Solution. The Jurnal RETURN provides a means for sustained discussion of relevant issues that fall within the focus and ...