Model Conceptualization on Startup Company Development and Valuation in Indonesia

Dela Natalia Malau, Andri D. Setiawan, Akhmad Hidayatno

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Indonesia's digital economy has shown a high growth of startup companies. This phenomenon is supported by large population where the number of mobile phone users have reached a hundred million. The number of startup companies in Indonesia reached 2143 in 2019. However, 93% of them are small startups. The leveling of the startup company is measured by its valuation size. The bigger the valuation of a startup company is believed will help the digital economy development. The Ministry of Communication and Informatics of Indonesia has 1000 digital startups program as a step to reach government goal to have more unicorns and be the digital energy of Asia. In response to that, this research aims to understand the systemic impact of Indonesia's startup companies development and their valuation by using system dynamics approach. For that purpose, this paper develops conceptual system dynamics model of startup development and valuation.

Original languageEnglish
Title of host publication2020 IEEE 7th International Conference on Industrial Engineering and Applications, ICIEA 2020
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages298-302
Number of pages5
ISBN (Electronic)9781728167855
DOIs
Publication statusPublished - Apr 2020
Event7th IEEE International Conference on Industrial Engineering and Applications, ICIEA 2020 - Bangkok, Thailand
Duration: 16 Apr 202021 Apr 2020

Publication series

Name2020 IEEE 7th International Conference on Industrial Engineering and Applications, ICIEA 2020

Conference

Conference7th IEEE International Conference on Industrial Engineering and Applications, ICIEA 2020
CountryThailand
CityBangkok
Period16/04/2021/04/20

Keywords

  • component
  • Indonesia
  • startup
  • system dynamics
  • valuation

Fingerprint Dive into the research topics of 'Model Conceptualization on Startup Company Development and Valuation in Indonesia'. Together they form a unique fingerprint.

Cite this