THE ANALYSIS OF THE DEVELOPMENT BASED ON RESOURCES AT RIAU PROVINCE: MANAGEMENT PERSPECTIVE
This study aims at testing the relationship between resources and regional development performances using Resource-Based View (RBV) approach. The paradigm RBV is to see the development outperform by resources approach. The success of regional development depends on the internal strength. Therefore, this paradigm tends to apply bottom-up approach by using their own strength. The unit of analysis is the existing regencies and municipalities in Riau. The data were collected from 2006-2009 by using
... 2006-2009 by using Partial Least Square (PLS) as the analysis tool. Besides, the qualitative data which were obtained from some selected informants are used to clarify the result of quantitative analysis. The results of this study show that administrative resources has the biggest contribution on the performance of regional development in Riau. The second factor is human resources and the third one is political resources. The lowest influence is given by financial resources, and physical resource's influence is slightly above the financial resource. This finding reveals that a region's uniqueness and characteristics determine its development performance. The approach of RBV theory has proved that the developmental resources of one region are different from the other regions, so that the role of resources in influencing their development is also different. Finally, this finding shows that the administration resource has significantly more contribution to Riau's development performances than the finance and the natural resources have.