Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023)

The Development Strategy of Freshwater Lobster Business as a Coastal Economic Strengthener

Authors
Sanusi Fattah1, *, Muhammad Agung Ady Mangilep1, Nurwahidah Nurwahidah1, Fitriwati Djam’an1, Julius Jilbert1, Daniella Cynthia Sampepajung1
1Universitas Hasanuddin, Makassar, 90245, Indonesia
*Corresponding author. Email: sanusi_fattah@fe.unhas.ac.id
Corresponding Author
Sanusi Fattah
Available Online 22 May 2024.
DOI
10.2991/978-94-6463-400-6_69How to use a DOI?
Keywords
coastal area; freshwater lobster; SWOT analysis; development strategy
Abstract

The cultivation of freshwater lobsters stands out as a promising alternative for fostering economic growth in the southern coastal region of Sulawesi Island. This research endeavors to scrutinize both the internal and external factors influencing the development of freshwater lobsters, aiming to identify key drivers for the growth of this industry. Employing the SWOT analysis method, which systematically evaluates strengths, weaknesses, opportunities, and threats, the study unveils a comprehensive understanding of the freshwater lobster development landscape. Through this analytical lens, eight alternative policies for freshwater lobster development emerge, providing a strategic framework for sustainable growth. Notably, the SWOT analysis underscores the substantial potential of the research location, deeming it well-suited for freshwater lobster cultivation. The findings not only illuminate the viability of freshwater lobster development but also pave the way for informed decision-making and policy formulation, laying the groundwork for leveraging this aquatic resource as a catalyst for economic prosperity in the southern coastal area of Sulawesi Island.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
22 May 2024
ISBN
978-94-6463-400-6
ISSN
2352-5428
DOI
10.2991/978-94-6463-400-6_69How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Sanusi Fattah
AU  - Muhammad Agung Ady Mangilep
AU  - Nurwahidah Nurwahidah
AU  - Fitriwati Djam’an
AU  - Julius Jilbert
AU  - Daniella Cynthia Sampepajung
PY  - 2024
DA  - 2024/05/22
TI  - The Development Strategy of Freshwater Lobster Business as a Coastal Economic Strengthener
BT  - Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023)
PB  - Atlantis Press
SP  - 903
EP  - 912
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-400-6_69
DO  - 10.2991/978-94-6463-400-6_69
ID  - Fattah2024
ER  -