Muhammad Dharma Tuah Putra Nasution – författare

The halal industry has evolved far beyond its traditional association with food compliance, expanding into a dynamic global ecosystem encompassing finance, pharmaceuticals, tourism, cosmetics, logistics, fashion, and digital services. Today, halal is no longer defined solely as a religious obligation but has grown into a universal symbol of quality, safety, sustainability, and ethical production. As global demand accelerates, nations and businesses are challenged to transform, innovate, and integrate halal values into modern economic frameworks, creating both opportunities and complexities that require systematic understanding.This book explores how the halal sector is transitioning from conventional, fragmented practices toward interconnected value chains supported by technology, regulation, and international collaboration. Through strategic insights, case studies, and scholarly perspectives, it examines the structural shifts shaping the halal landscape, including the digitalization of certification, the rise of halal supply-chain networks, cross-border harmonization, and the integration of Islamic principles with contemporary business models.The core focus of this work lies in exploring how the halal industry can evolve from mere expansion toward meaningful and sustained impact. The chapters navigate real-world challenges such as standardization gaps, consumer perception, innovation capacity, and institutional governance while offering strategic pathways for transformation that are inclusive, resilient, and globally competitive, empowering both Muslim and non-Muslim markets and shaping a future in which ethical and responsible consumption becomes an established global norm.

The book emphasizes the open innovation which mainly consists of innovation inside-out and outside-in needed by the small and medium-sized enterprises (SME). This open innovation relates to the performance and survival of SMEs in a global competition. The SMEs must learn, have, and do innovative initiatives and actions. This book elaborates all related concepts and innovative practices toward better performances, which includes the impacts of globalization and dynamic markets with a special focus on sustainability. Every country has different perspectives considering open innovation as a solution to the businesses. Thus, readers can see the best practices to be adopted or adapted in their business environment.The book includes the solution for the SMEs in terms of creating values. Open innovation is known as a window for creating values. Open innovation can be seen by SMEs as a possible way to adapt and thrive in an increasingly competitive and volatile environment, including to overcome their limitations. By implementing open innovation, SMEs will compensate for their lack of internal resources and competencies through external resources to develop new technologies and take advantage of market opportunities.This book is dedicated to the entrepreneurs, businessmen, practitioners, policymakers, academician, and students in developing strategies and having future plan related to innovation which is crucial for creating values in business operations. A benchmarking through innovation is important to improve among businesses to achieve effectiveness and efficiency.

The book emphasizes the open innovation which mainly consists of innovation inside-out and outside-in needed by the small and medium-sized enterprises (SME). This open innovation relates to the performance and survival of SMEs in a global competition. The SMEs must learn, have, and do innovative initiatives and actions. This book elaborates all related concepts and innovative practices toward better performances, which includes the impacts of globalization and dynamic markets with a special focus on sustainability. Every country has different perspectives considering open innovation as a solution to the businesses. Thus, readers can see the best practices to be adopted or adapted in their business environment.The book includes the solution for the SMEs in terms of creating values. Open innovation is known as a window for creating values. Open innovation can be seen by SMEs as a possible way to adapt and thrive in an increasingly competitive and volatile environment, including to overcome their limitations. By implementing open innovation, SMEs will compensate for their lack of internal resources and competencies through external resources to develop new technologies and take advantage of market opportunities.This book is dedicated to the entrepreneurs, businessmen, practitioners, policymakers, academician, and students in developing strategies and having future plan related to innovation which is crucial for creating values in business operations. A benchmarking through innovation is important to improve among businesses to achieve effectiveness and efficiency.