Understanding the Role of Multinational Enterprise Representatives in Indonesia Towards Geothermal Investment Opportunity in Emerging Economies
Main Article Content
Abstract
Indonesia is a nation that is surrounded by aquatic resources and other major natural resources which can be utilize and converted to power through an investment program that allows investors to set up a clean energy project from hydro (river or reservoirs), wind, biomass, wave (ocean) and geothermal. The most significant issue which will be elaborated throughout this paper shall concentrate on the implication of internalization towards multinational enterprises by using existing geothermal energy development projects in Indonesia as study case. Indonesia’s natural resources has attracted foreign enterprises to invest in a state with emerging economies understanding that is still under development. Presently, Indonesia is still developing its regulation and availability to supply power demands from multiple areas that are rural, lack of electricity and lack of transmission lines. By comprehending the role of multinational enterprise which was triggered by the theory of internalization and investment.,
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
References
Books
Caves, R. E. (2007). Multinational enterprise and economic analysis. New York: Cambridge University Press.
Gupta, H., & Roy, S. (2007). Geothermal energy: An alternative resource for the 21st century. Amsterdam, The Netherlands: Elsevier B.V.
Strauss, J., Beegle, K., Dwiyanto, A., Herawati, Y., Pattinasarany, D., Satriawan, E., . . . Witoelar, F. (2004). Indonesian Living Standards Before and After the Financial Crisis. Singapore: Institute of Southeas Asian Studies.
Journals
Fauzi, A., Bahri, S., & Akuanbatin, H. (2000). Geothermal developjment in Indonesia: An overview of industry staus and future growth. Proceedings World Geothermal Congress 2000 (pp. 1109-1114). Kyushu - Tohoku: World Geothermal Congress.
Pambudi, N. A. (2017). Geothermal power generation in Indonesia, a country within current status, future development and policy. Renewable and Sustainable Energy Reviews, 2-10.
Radja, V. T. (1995). The role of geothermal energy in the context of the future electric power supply in Indonesia. World Geothermal Congress 1995 (pp. 173-189). Florence: Proceedings of the World Geothermal Congress 1995.
Hasan, M. H., Mahlia, T. M., & Nur, H. (2011). A review on energy scenario and sustainable energy in indonesia. Renewable and Sustainable Reviews, 16, 2611-2625.
Haehnlein, S., Bayer, P., & Blum, P. (2010). International legal status of the use of shallow geothermal energy. Renewable and Sustainable Energy Reviews, 14, 2611-2625.
Wijaya, M. E., & Limmeechokchai, B. (2009). Optimization of indonesian geothermal energy resources for future clean electricity supply: A case of java-madura-bali system. International Journal of Renewable Energy, 4(2), 13-24.
Article from Internet
Richter, A. (2020, 09 28). Technology: Global geothermal capacity reaches 14,369 MW Top 10 Geothermal Countries, Oct 2018. Retrieved from Think Geo Energy Web Site: http://www.thinkgeoenergy.com
Journals from Internet
Hennart, J.-F. (2009, January). www.researchgate.net. Retrieved from Research Gate: https://www.researchgate.net/publication/254793888_A_Theory_of_Multinational_Enterprise