Government Policy Intervention Enhancing Soybean Industry Competitiveness in Wonogiri: A Policy Prioritization Study

Abstract

This research aims to assess the role of government policy intervention in enhancing the competitiveness of the soybean industry in Wonogiri Regency, Indonesia. In the face of challenges such as price fluctuations and supply chain limitations, this study employs the Analytic Hierarchy Process (AHP) method to identify key priorities for policy intervention. Data collected through interviews with 25 stakeholders, including policymakers and industry practitioners in September 2022, provide insights into the hierarchy of criteria and alternative strategies. The findings reveal that effective supervision management stands as the top priority criterion, emphasizing the need for robust government oversight in the soybean supply chain. Furthermore, within the hierarchy of alternative strategies, competitiveness support policy emerges as a critical priority, underscoring its significance in adding value to local soybean business activities and fostering global competitiveness. In conclusion, this research establishes that government policy intervention, particularly in the domains of supervision management and competitiveness support policy, has the potential to significantly enhance the competitiveness of the soybean industry in Wonogiri Regency. By focusing on these strategies, the government can positively impact the welfare of industry practitioners and drive economic growth in the region. This study contributes valuable insights for policymakers and industry stakeholders seeking to strengthen the soybean industry’s position in the local and global markets.