BUSINESS STRATEGY ANALYSIS AND DESIGN FOR STEM CELL THERAPY VENTURES
DOI:
https://doi.org/10.58890/jkb.v16i2.295Keywords:
SWOT Analysis, Business Strategy, MSMEs, Stem Cell TherapyAbstract
Rapid technological advances in the utilization of stem cells as an alternative treatment for degenerative diseases have prompted numerous parties to launch new start-up enterprises that provide stem cell therapy services to high-income populations. This report offers the findings from a business analysis of one of Indonesia's newly created stem cell therapy service enterprises. This study aims to provide insights and proposals in the form of viable business strategies for stem cell therapy service providers in Indonesia. This study combined descriptive approaches with a qualitative approach. The study's findings showed that the stem cell therapy company under consideration has promising growth prospects. Researchers presented 28 business ideas based on observations, data collecting, interviews, and an in-depth SWOT analysis of the stem cell therapy business endeavor under consideration. It is envisaged that future study will be able to completely examine and compare all stem cell therapy service businesses in Indonesia, providing a more complete view of their potential and performance
Downloads
References
Alamsyah, N., Soemantri, A. I., & Salamah, U. (2021). Manajemen Stratejik. Surabaya: Akademi Angkatan Laut Press.
Antara News. (2024, Agustus 5). Menkeu: Ekonomi 5,05 persen menjaga optimisme target kinerja nasional. Diambil kembali dari https://www.antaranews.com: https://www.antaranews.com/berita/4240087/menkeu-ekonomi-505-persen-menjaga-optimisme-target-kinerja-nasional
Bahari, M., Mokhtari, H., & Yeganeh, F. (2023). Stem Cell Therapy, the Market, the Opportunities and the Threat. International Journal of Molecular and Cellular Medicine, 12(3), 310–319. doi:10.22088/IJMCM.BUMS.12.3.310
Barney, J. B., & Hesterly, W. S. (2020). Strategic Management and Competitive Advantage: Concepts Global Edition (6 ed.). Harlow: Pearson.
Broughton, K. M., & Sussman, M. A. (2016). Empowering Adult Stem Cells for Myocardial Regeneration V2.0: Success in Small Steps. Circulation Research, 118(5), 867-880. doi:10.1161/CIRCRESAHA.115.305227
Hill, T., & Westbrook, R. (1997). SWOT Analysis: It’s Time for a Product Recall. Long Range Planning, 30(1), 46-52. doi:10.1016/S0024-6301(96)00095-7
Kementerian Pertahanan Republik Indonesia. (2015, Oktober 22). Setahun Pemerintahan Jokowi-JK: Transformasi Fundamental Ekonomi. Diambil kembali dari https://www.kemhan.go.id: https://www.kemhan.go.id/2015/10/22/setahun-pemerintahan-jokowi-jk-transformasi-fundamental-ekonomi.html
Kumar, S. C., & B, P. K. (2023). SWOT Analysis. International Journal of Advanced Research, 11(9), 744-748. doi:10.21474/IJAR01/17584
Media Indonesia. (2024, Maret 22). Masa Depan Cerah Terapi Stem Cell di Indonesia. Diambil kembali dari https://mediaindonesia.com: https://mediaindonesia.com/humaniora/660661/masa-depan-cerah-terapi-stem-cell-di-indonesia
Miller, A. R., & Dess, G. G. (1996). Strategic Management. Boston: McGraw-Hill.
Nabila, M. (2024, Mei 7). Menkeu Sri Mulyani Ungkap Alasan RI Terjebak Middle Income Trap. Diambil kembali dari https://ekonomi.bisnis.com: https://ekonomi.bisnis.com/read/20240507/9/1763489/menkeu-sri-mulyani-ungkap-alasan-ri-terjebak-middle-income-trap#:~:text=Bisnis.com%2C%20JAKARTA%20%E2%80%94%20Menteri,atau%20pendapatan%20per%20kapita%20menengah.
Otuyama, L. J., Moraes, B. D., Mariano, L., & Rocha, V. (2020). SWOT Analysis of a Tool for Data Management in Hematopoietic Stem Cell Transplantation. Biology of Blood and Marrow Transplantation, 26(3), S254-S255. doi:10.1016/j.bbmt.2019.12.460
Pearce, J. A., & Robinson, R. P. (2010). Strategic Management. Pennsylvania: McGraw-Hill Education.
Pemerintah Republik Indonesia. (2021). Peraturan Pemerintah No. 7 Tahun 2021 Tentang Kemudahan, Pelindungan, dan Pemberdayaan Koperasi dan Usaha Mikro, Kecil dan Menengah. Jakarta: Pemerintah Republik Indonesia.
Phadermrod, B., Crowder, R. M., & Wills, G. B. (2019). Importance-Performance Analysis based SWOT analysis. International Journal of Information Management, 44, 194-203. doi:10.1016/j.ijinfomgt.2016.03.009
Praja, Y., Rofiqi, M., & Qomariah, N. (2024). Using SWOT Analysis to Determine Marketing Strategies to Increase Sales and Develop Meatball Culinary MSME Businesses. Journal of Economics, Finance and Management Studies, 7(6), 3081-3086. doi:10.47191/jefms/v7-i6-05
Robbins, S. P., Coulter, M., DeCenzo, D. A., & Woods, M. (2021). Management: The Essentials (5 ed.). Melbourne: Pearson.
Safitri, E. D., Junaedi, S. R., & Priono, A. (2023). SWOT Analysis is Used in the Startup Business Development Strategy. Startupreneur Business Digital, 2(2), 136-142. doi:10.33050/sabda.v2i2.341
Taherdoost, H., & Madanchian, M. (2021). Determination of Business Strategies Using SWOT Analysis; Planning and Managing the Organizational Resources to Enhance Growth and Profitability. Macro Management & Public Policies, 3(1), 19-22. doi:10.30564/mmpp.v3i1.2748
Yuana, L. (2024, Agustus 24). Terapi Live Stem Cell, Regenerasi Sel Cegah Kerusakan Organ Tubuh. Diambil kembali dari https://surabaya.times.co.id: https://surabaya.times.co.id/news/gaya-hidup/qznc4xaczw/Terapi-Live-Stem-Cell-Regenerasi-Sel-Cegah-Kerusakan-Organ-Tubuh