Low Research Budget in Indonesia, Unair Lecturer: To Master Economy, It Must Increase

Faculty of Economics and Business lecturer at Airlangga University (FEB Unair), Rossanto Dwi Handoyo, highlights the low research budget in Indonesia. Research, according to him, is a key factor in the advancement of a country. He cites data from the World Bank 2020 regarding the amount of funding available for research and development in Indonesia. Handoyo stresses the importance of research in boosting economic growth and competitiveness on a global scale. The lecturer suggests that investing more in research will enable Indonesia to excel in various fields, including economics, technology, and innovation. He believes that increasing research funding is essential for Indonesia to assert itself as a major player in the global economy.