Determination of Industrial Competitiveness on Manufacturing Industry Growth in Palembang City

Abstract

The purpose of this study is to determine the determinants of industrial competitiveness that affect the growth of manufacturing industries in Indonesia. So that there is a paradigm shift in the business climate that surrenders the decision mechanism entirely to the market and then emerges competition in the business world that is increasingly tight with all the risks. Various products and services from within and outside the country can easily be found side by side, ready to compete with each other. With the rapid changes and increasingly fierce competition, only companies that have competitiveness will be able to survive. Whereas companies that do not have competitiveness will automatically "fade" because they cannot compete with other companies. This study shows that the determinants of competitiveness affect the growth of manufacturing industry in Indonesia significantly.