The Role of Government Policy is Shaping F1 Circuit Development and Public Welfare in Bintan Island Indonesia

Abstract

Objective: The objective of this study is to investigate the role of government policy in shaping tourism development and public welfare in Bintan Islands Indonesia, with an emphasis of mediating role tourism development of F1 circuit in Bintan. Methods: This research employed the PLS Structural Equation Modeling method to analyze the quantitative data gathered by means Likert scale quaestionnaires. Results and Discussion: The findings shows that government policy, public participation, and local potential has a positive and significant role in shaping tourism development and public welfare. There is no direct role between government policy and public welfare. In addition, the mediating role of tourism development was found to be significant, able to mediate the relationship between government policy, public participation, local potential and public welfare. Research Implications: Managerial implication inculde improving policy, increase inclution of public participation, cultivate local potential to improve tourism development and public welfare. Originality/Value: This study contributes to the understanding of the complex dynamics in the work of managing government and offer insight for government in improving tourism development and public welfare. Recommendation involve to increase strategic policies of the government, inclution of public participation, support cultivation of local potential, and stimulate the development of tourism by support the F1 circuit development which eventually benefitted public welfare.