Territorial Assets and Sustainable Development: A Study of Competitiveness in Central Java^s Regencies
Siti Maemunah1[0000-0003-4872-6743], Andjar Prasetyo2[0000-0001-5275-0223], Heri Wahyudianto1[0000-0003-3297-1146]

1 Research Center for Domestic Government, Indonesian National Research and Innovation Agency, Jakarta, 12710, Indonesia
2 Regional Development Planning Agency of Magelang City, Central Java Province, Indone-sia
3 Regional Development Planning Agency of Papua Province, Jayapura, Papua Province, Indonesia

Abstract

This research investigates the role of Regional Capital in shaping competi-tiveness and development in the districts of Blora, Rembang, Jepara, Kudus and Pati, located in Central Java, Indonesia. The research focuses on the di-versity of economic, social, cultural and natural assets in each region, and analyses their impact on regional competitiveness. The research methodology is based on qualitative description with secondary data collection from the publication Mapping Regional Competitiveness of Central Java Province 2018-2023. The research findings show that effective integration of these as-sets, within the Regional Capital framework, has significant positive implica-tions for competitiveness and development in the five districts. These in-sights provide a clearer understanding of the dynamics of regional develop-ment in Central Java Province. Therefore, local governments can use these findings to formulate more specific and relevant policies that are tailored to the unique characteristics of each region. This research makes a significant contribution in understanding the potential and challenges of development in Blora, Rembang, Jepara, Kudus and Pati districts. The results of this study are expected to guide policy makers in optimising resources and improving sustainable welfare in these regions.

Keywords: Territorial Capital, Regional Competitiveness, Central Java, Sustainable De-velopment, Local Economies

Topic: Economics