Resources and Economic Growth in the Indonesian Region

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As a target article to analyze, the study The Role of Natural and Human Resources on Economic Growth and Regional Development: With Discussion of Open Innovation Dynamics by Saleh et al. (2020) is chosen. The articles main topic concerns the assessment of the role of various resources, including natural and human ones, in achieving economic growth in the chosen Indonesian region, namely Bulukumba Regency. Natural resources have always been at the core of the nations success. According to Saleh et al. (2020), in the modern world, the information and knowledge people acquire are the primary determinants of the successful implementation of opportunities for building sustainable economic systems. This makes this article important, and the study offers an innovative theory that reconciles the value of natural and human resources, explaining the success of some modern nations.

Regional growth is significantly related to maximizing human and natural resource use. Suppose existing human resources become more proficient in managing the agricultural sector by shifting their perspective to focus solely on economically satisfying the production needs of society (Saleh et al., 2020). It should be noted that opposing arguments critique the significance of human resources as the primary factor. To prevent constant labor migration, the government should find a way to keep creative people in the country. This can be done if the country already has its own capital, which is accumulated by natural resources.

The article has been chosen because it reveals the economic aspects of the use of different types of resources and provides unique findings on how growth drivers can be combined. Saleh et al. (2020) demonstrate the detailed relationship between different variables, and it can be concluded that investment principles should be based not only on financial nuances but also on those related to the environment. Therefore, the reviewed article is valuable from the perspective of analyzing alternative ways of developing the economy.

Reference

Saleh, H., Surya, B., Annisa Ahmad, D. N., & Manda, D. (2020). The role of natural and human resources on economic growth and regional development: With discussion of open innovation dynamics. Journal of Open Innovation: Technology, Market, and Complexity, 6(4), 103. Web.

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