An Overview of Characteristics and Condition of High-Tech Industry in Indonesia

¹ Information Systems Department, School of Information Systems, Bina Nusantara University, Jakarta, Indonesia 11480
² International Relations Department, Faculty of Humanities, Bina Nusantara University, Jakarta, Indonesia 11480

^* Corresponding author: nurlina@binus.edu

Abstract

This research aims to better understand the high-tech industry in Indonesia so that business owners and the government can determine the best strategy for utilizing their resources. It use a descriptive and qualitative analysis approach, presenting a general profile of industry data and characteristics through national news and information. Indonesia's high-tech industry generally relies heavily on imported components or raw materials (chemicals, pharmaceuticals, computers and electronics, electrical equipment, machinery and equipment, motor vehicles, and other transportation equipment). The chemical industry significantly contributes to the economy because it can absorb large amounts of capital, create jobs, and generate added value. Because of the enormous domestic market opportunities, the pharmaceutical industry tends to build a national value chain. The electronic, optical, and electrical industries all favor indigenous innovation. To address the issue of global warming and climate change, the machinery and equipment industry must emphasize sustainable innovation by utilizing the latest technology. In contrast, the transportation industry must focus on optimizing integrated transportation services, transportation safety, and developing environmentally friendly sustainable transportation. Following the pandemic, the development of the high-tech industry began to show growth, indicating that the Indonesian economy would recover.