Regress: Journal of Economics & Management
Vol. 3 No. 3 (2024)

Medan City Management in Increasing Economic Competitiveness in the Digital Era

Lubis, Hasrita (Unknown)
Nasti, Nilawati (Unknown)
Amirulsyah, Amirulsyah (Unknown)
Syarkawi, Ahmad (Unknown)



Article Info

Publish Date
29 Feb 2024

Abstract

The city of Medan, as one of the important economic centers in North Sumatra, faces challenges in increasing its economic competitiveness in the digital era. This study explores how Medan City management can utilize digitalization to strengthen economic competitiveness through implemented digitalization policies and strategies. Qualitative research methods with case studies were used to collect data from in-depth interviews, observations, document studies, and focus group discussions. The results of the study show that digitalization policies, including investments in digital infrastructure and technology training, have had a positive impact on MSMEs and attract investment. However, there are significant challenges such as the digital divide between city centers and suburbs as well as cybersecurity concerns. This research recommends improving infrastructure, strengthening the cybersecurity system, as well as more intensive training and support for MSMEs and the creative economy sector. By implementing this recommendation, the City of Medan can optimize the benefits of digitalization and increase its economic competitiveness in a sustainable manner in the digital era.

Copyrights © 2024






Journal Info

Abbrev

REG

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Regress: Journal of Economics & Management is a peer-reviewed journal published by the Medan Resource Center. The journal aims to advance theoretical and practical knowledge by promoting high-quality research and providing a platform for researchers, academicians, and practitioners to share their ...