Page 413 - Contributed Paper Session (CPS) - Volume 2

CPS1914 Ayu P.

Study of the role of young entrepreneurs in
creative sector era of industrial revolution 4.0 in
Indonesia
Ayu Paramudita
Statistics Indonesia-BPS, Jakarta, Indonesia

Abstract
Indonesia is preparing for the era of digital information technology, known as
the 4.0 Industrial Revolution. The 4.0 Industrial Revolution will bring Indonesia
to be the world's 10 largest economy. Pursuing this great vision, the main
resource that should be developed is human capital. In recent demographic
bonus period, Indonesia has abundantly young-age population. The
abundance of Indonesian youth treasure great potential for the growth of the
nation’s economy. On the other hand, unwell-prepared of youth in facing
information technology era can be a threat. In the 4.0 Industrial Revolution
era, labour rivalry is no longer only with human, but also even with robot.
Instead of contributing for the nation, the youth who are not ready to evolve
can be a burden of the nation. Therefore, this study aims to analyse the
potential role of Indonesian youth in boosting the nation's economy in the 4.0
Industrial Revolution era. This study is only focusing on the 4.0 Industrial
Revolution issue in terms of youth as entrepreneurs in creative economy
sector (henceforth named youthpreneur). Descriptive analysis is used as the
methodology in this study to present how potential of creative youthpreneur
in graphs. In general, the positive signal of Indonesian youth contribution in
achieving the 4.0 Industrial Revolution goal, being the world’s 10 greatest
economy, has actually been existed. Through creative economy sector,
dominant role of youthpreneur in the 4.0 Industrial Revolution era tends to
be on novelty subsector, such as application and game developer, visual
communication design, and photography. The youthpreuner is also superior
on managing computer and internet-based business and developing the
business by partnership compared to the non-youthpreuner. Moreover,
workers who work for business managed by youthpreneur are more certified
than those who work in non-youthpreneur’s business. In spite of it, the
excellence of youth, the millennial generation of Indonesia, is a potential that
must be developed continually along with global revolution. Both government
and stakeholders should be in charge and work together to build education
system leading to the 4.0 Industrial Revolution. In addition, the youth have to
prepare the self-sufficient youthpreneurs mental as the nation’s economy
foundation in the era of the 4.0 Industrial Revolution.

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