Depok, July 2, 2025 — In her dissertation titled “Designing a Business Model for Indonesia’s Space Commercialization Based on Dynamic Capabilities,” Dr. Shinta Rahma Diana presents a strategic approach to transforming Indonesia’s space industry. This research aims to transition the space sector from government dominance (the traditional phase) toward a commercial phase aligned with the emerging global new space economy, in line with Indonesia’s Space Law No. 21 of 2013, which mandates the growth of space-related commercial activities in the country.

“This study used a mixed-method approach, involving in-depth interviews and questionnaires distributed to space industry stakeholders in Indonesia, along with document and journal analysis on commercialization,” explained Dr. Shinta.

She further stated that the business model was designed using a dynamic systems approach, with the conceptual framework built upon Van de Ven & Poole’s (1995) theory of transformation to achieve the commercial phase. The findings reveal that Indonesia’s space industry remains largely in the traditional phase, although some activities are beginning to move toward commercialization. In the upstream sector, for example, satellite manufacturing has yet to show significant growth and requires stimulation from downstream sectors such as space applications and services to drive its development.

The key to accelerating space commercialization in Indonesia lies in building a base of dynamic capabilities, including learning capability, sensing, seizing, reconfiguring, development capability, collaboration capability, and entrepreneurship, according to Dr. Shinta.

In her speech, Dr. Shinta conveyed that the development of these capabilities can indirectly stimulate the growth of the space industry through international cooperation and supportive policies. A strategic combination of technology push and market pull, along with the implementation of corporate ambidexterity—the ability to innovate while maintaining operational efficiency—will be critical strategies for the growth of Indonesia’s space sector.

“This dissertation is expected to make a significant contribution to policy and strategy development for advancing Indonesia’s commercial space industry,” concluded Dr. Shinta.

The doctoral promotion committee was chaired by Prof. Dr. Dra. Retno Kusumastuti Hardjono, M.Si., with Prof. Dr. Chandra Wijaya, M.Si., M.M. as the main supervisor and Dr. Fibria Indriati Dwi Liestiawati, M.Si. as the co-supervisor. Committee members included Dr. Brian Pratistha, S.E., M.M., Dr. Agung Firman Sampurna, M.Si., Dr. Effy Z. Rusfian, M.Si., Dr. Pantius D. Soeling, M.Si., and Dr. Eko Sakapurnama, MBA.