Indonesia Has Millions of Entrepreneurs. So Where Are the Global Companies?

Indonesia is home to hundreds of millions of consumers and tens of millions of entrepreneurs. Why has all that entrepreneurial energy produced relatively few companies that compete on the global stage?

In this episode of FEB UGM Podcast, we speak with Renato Pereira, PhD, Professor of General Management at ISCTE Business School, Lisbon, to explore what separates countries that simply create entrepreneurs from those that successfully build scalable, internationally competitive companies.

Does a large domestic market encourage companies to grow—or make international expansion feel unnecessary?