The 8th International Seminar on Business, Economics, Social Science and Technology (ISBEST) 2025

PREFACE

The International Seminar on Business, Economics, Social-Science and Technology (The 8th ISBEST), the Competition of Public Sector Innovation (The 7th COPSI), and The Competition Business and Management (The 4th COBISMA) are part of the 41st Anniversary Celebration of Universitas Terbuka. These events are also regular programs organized by the Faculty of Economics and Business, Universitas Terbuka (FEB UT) and will take place on August 26–27, 2025. As a higher education institution providing distance learning in the fields of economics and business, FEB UT overseas six study programs THRKU, namely Management, Accounting, Development Economics, Public Financial Accounting, Islamic Economics, and Tourism. FEB UT has successfully organized ISBEST, COPSI, and COBISMA as part of its commitment to contributing to the development of knowledge and national progress in economics and business. We have high hopes that the 8th ISBEST, 7th COPSI, and 4th COBISMA this year will be successfully conducted, considering their significant impact on knowledge dissemination, development, and fostering a culture of appreciation. Therefore, we sincerely invite and encourage your esteemed institution to participate and support this event through sponsorship as part of your Corporate Social Responsibility (CSR) initiatives and as a commitment to advancing education.

BACKGROUND

The rapid advancement of digital technologies has transformed industries worldwide, creating new opportunities and challenges in business, economics, social sciences, and technology. As societies become increasingly interconnected, sustainability remains a crucial aspect of development, requiring innovative approaches to balance economic growth, environmental responsibility, and social equity. Digital transformation plays a pivotal role in shaping sustainable strategies and fostering global collaboration. Businesses and policymakers are recognizing the need to integrate sustainability into their digital strategies to enhance efficiency, reduce environmental impact, and promote social well-being. From smart cities to green supply chains, digital tools such as artificial intelligence, blockchain, and big data analytics are revolutionizing the way industries operate. However, achieving synergy between digital innovation and sustainability demands collaborative efforts among stakeholders, including researchers, industries, and governments. The 8th International Seminar on Business, Economics, Social Science, and Technology (ISBEST) 2025 serves as a platform to address these issues by bringing together experts from diverse fields to discuss and exchange ideas on sustainable innovation in the digital era. By fostering interdisciplinary collaboration and knowledge sharing, the seminar aims to drive impactful solutions that contribute to a more resilient and sustainable global economy. This annual international seminar is organized by the Faculty of Economics and Business, Universitas Terbuka, Indonesia, in celebration of Universitas Terbuka’s 41st anniversary.

PURPOSE,OBJECTIVES, AND TARGETS

The ISBEST International Seminar, organized by FEB UT, aims to serve as a platform for academic services and the development of an international scientific forum, while also promoting scientific publications in the fields of economics and public services. The seminar is expected to be attended by approximately 100 participants, consisting of academics from various universities and practitioners from across Indonesia and abroad.

OBJECTIVES

  1. To explore the intersection of sustainability and digital transformation.
  2. To foster collaboration between academia, industry, and policymakers.
  3. To present the latest research and innovative solutions in business, economics, social sciences, and technology.
  4. To discuss challenges and opportunities in integrating sustainability with digital advancements.