In the micro level, SDGs will stimulate business environment in various ways. Firstly, SDGs can promote green and sustainable business, including socially sustainable. It will produce green producers, suppliers, and consumers, sustainable environment, green investment, and social well-being. Secondly, practical considerations by executives (entrepreneurs) to consider the best balance between self-interest and good society. It means that they should practice business sustainability. Thirdly, positive signs of change reflect the level of pay more attention of industry on environmental issues. The current business actions should improve the awareness of environmental quality and social well-being. Lastly, enhancing management systems demonstrate the new culture orientation and action on sustainable business and environment.
Sustainable business can be defined in various ways (http://lardbucket.org). The first, sustainable business is “The ability to meet the needs of the present without compromising the ability of future generation to meet theirs”. The second, sustainable business is “A business that is concerned about the social, environmental, and economic impacts (referred to as the triple bottom line: people, planet, and profit) that are associated with its current and future operations”. The third, sustainable business is “A business that focuses on its environmental impact rather than on the triple bottom line emphasis of a sustainable business (people, planet, and profit)”. Lastly, sustainable business is “A business approach that includes an awareness and understanding that everything is related and that nothing exists in isolation. Problems are viewed in the context of an overall system rather than as discrete issues to be resolved”.
Regional economic development and sustainable business can be swung more rapidly and purposefully through technology, in term of information and communication technology (ICT). In general, ICT can facilitate industry become more efficient and environmentally friendly. It means that ICT will provide sustainable business takes more pay attention of social transparency, environmental awareness, and economic impact. Karlsson, et al (2010) argued that in the 1980s literature contribute to elaborate the main role of ICT in generating a structural change of world economy. The structural change is not only reflected by economic aspects (e.g. economic growth, labor market, and industry) but also non-economic aspects (e.g. education, health, and life expectancy). In the aggregate level, the ICT will promote high level of productivity, growth, and skilled labor. Meanwhile, in the industry level, the ICT can stimulate the high level of innovation, efficiency and productivity, and high dependency level of technology in business activities (Industrial Revolution 4.0). Moreover, in the regional economic development, the ICT leads local economic growth in a sustainable and inclusive manners, local productivity, local connectivity, social well-being, and equality.