Assessment the Antecedent of Sustainable National Economy Growth (Green, Blue, Brown & Orange Economy) through Green Business Management Practices in Developing Countries: Evidences from Indonesia
DOI:
https://doi.org/10.47747/snfmi.v2i1.2395Abstract
Current research investigates the impact of green, blue, brown and orange economy on National Economy Growth. Putting forward the sustainability in the global context, these economies become crucial paradigm to leverage inclusive and sustainable economy development. GE focused on carbon emission reduction, increase resources efficiency, ecosystem protection, BE emphasized on the marine sustainable resources to push growth. Brown referred on traditional economy model that dependable on natural resources (unrenewable) and produced high greenhouse gas emissions, while OE is dealing with economy creative covered industries (art, culture, entertainment and innovation). Deploying quantitative method approach with secondary data from multi resources, such as government report, national data statistics and also Indonesia large scale enterprises. The analysis conducted to measure the contribution of related economy on national economy development through Green Business Management Practices as intervening variable. Research findings showed the economy categories had huge potency to increase national economy performance. The findings also highlighted the integration of four economies into national strategy development as pivotal step to maintain long term sustainability. Policy recommendation suggested to increase investment, environmental technology, human capacity development, strengthening cooperation within sectors and collaboration among countries and natural resource management.
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