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View all search resultsSuccessful industrialization depends on the capability of a nation to establish institutions compatible with the increasing quality of human resources. One trend which needs to be corrected to achieve that goal is Indonesia’s inequality in landownership.
In supporting the development of the fourth industrial revolution, also known as Industry 4.0, the government urged education institutions to cooperate in improving the quality of Indonesia’s human resources.
The government will work together with its Australian counterpart to address employment and labor force issues, as Indonesia’s demographics could pose challenges for its economy in the long run if not well managed.
Implementing new manufacturing technologies — collectively known as Industry 4.0 — in Indonesia can deliver a substantial boost to the nation’s economy. To succeed, however, government and businesses must find ways to encourage greater confidence, create robust ecosystems, and help early adopters move past the “Pilot Trap”.
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