The Composition and Role of Human Capital: A Descriptive Analysis of High-Tech Industry in Indonesia

Abstract

This research aims to assess the state of human capital in companies in Indonesia's high-tech industry. The high-tech industry is important in Indonesia because it is a pillar of national development, but research in this field is still very limited. The descriptive approach is used in the research methodology, with the population or all components of the research subject serving as a data source. The population is drawn from the Indonesian Central Bureau of Statistics (CBS) manufacturing industry statistical dataset for manufacturing industries classified as high-tech in 2019. The findings show that Indonesia's high-tech industry is technologically advanced but still heavily reliant on financial resources. Many workers in this industry demonstrate the importance of human resources. With characteristics such as STEM-based human resources, high-tech production processes, or the production of high-tech products, the condition of workers in this industry is primarily absorbed in the production department. The average foreign worker in the production sector is 0.31%, while the average foreign worker in the office sector is 1.05%. More research is needed to determine the impact of these workers' composition on company performance in the high-tech industry.