Review

A THEORETICAL AND CONCEPTUAL ANALYSIS ON WISDOM IN THE INNOVATIVE ECONOMIES PARADIGM IN TERMS OF SUSTAINABILITY

Volume: 18 Number: 2 December 28, 2022
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A THEORETICAL AND CONCEPTUAL ANALYSIS ON WISDOM IN THE INNOVATIVE ECONOMIES PARADIGM IN TERMS OF SUSTAINABILITY

Abstract

The empirical studies in the literature have shown that innovation helps reduce environmental quality and sustainability. The role of innovation-based institutional quality to ensure sustainability is prominent in current discussions on sustainable development, especially in developing countries. In structural change towards a sustainable future, innovation can improve understanding of the critical roles of enterprise quality processes and entrepreneurship mechanisms in an economy. With the assumption that quality comprises not only the material aspects but also moral and spiritual elements, it is argued that the relationship between innovative economies and sustainable development may become more strongly positive in the presence of high levels of quality via institutional, religious, moral, and cultural elements. The study examines the concept of innovation within sustainability and spiritual values by defining critical questions and analysis over the Turkish ecosystem. This study argues that wasteless methods in the natural environment and the wisdom in creation, which considers versatile benefits for all beings, should be regarded as the best and ultimate forms for production and consumption procedures. Since revealing inseparable relationships between the two concepts under consideration is essential at the macro scale and at the micro-scale, the degree of innovation ability as the most significant determinant of power is also considered the determinant of the economic and social welfare. Thus, taking an innovative approach, our research adds to the series of research in the literature by arguing that it would be easier to explain the conditions that allowed it to progress towards sustainable economies.

Keywords

References

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Details

Primary Language

English

Subjects

-

Journal Section

Review

Publication Date

December 28, 2022

Submission Date

March 3, 2022

Acceptance Date

November 15, 2022

Published in Issue

Year 2022 Volume: 18 Number: 2

APA
Efe, A. (2022). A THEORETICAL AND CONCEPTUAL ANALYSIS ON WISDOM IN THE INNOVATIVE ECONOMIES PARADIGM IN TERMS OF SUSTAINABILITY. Paradoks Ekonomi Sosyoloji Ve Politika Dergisi, 18(2), 150-180. https://izlik.org/JA59PN23ZL
AMA
1.Efe A. A THEORETICAL AND CONCEPTUAL ANALYSIS ON WISDOM IN THE INNOVATIVE ECONOMIES PARADIGM IN TERMS OF SUSTAINABILITY. Paradoks Ekonomi Sosyoloji ve Politika Dergisi. 2022;18(2):150-180. https://izlik.org/JA59PN23ZL
Chicago
Efe, Ahmet. 2022. “A THEORETICAL AND CONCEPTUAL ANALYSIS ON WISDOM IN THE INNOVATIVE ECONOMIES PARADIGM IN TERMS OF SUSTAINABILITY”. Paradoks Ekonomi Sosyoloji Ve Politika Dergisi 18 (2): 150-80. https://izlik.org/JA59PN23ZL.
EndNote
Efe A (December 1, 2022) A THEORETICAL AND CONCEPTUAL ANALYSIS ON WISDOM IN THE INNOVATIVE ECONOMIES PARADIGM IN TERMS OF SUSTAINABILITY. Paradoks Ekonomi Sosyoloji ve Politika Dergisi 18 2 150–180.
IEEE
[1]A. Efe, “A THEORETICAL AND CONCEPTUAL ANALYSIS ON WISDOM IN THE INNOVATIVE ECONOMIES PARADIGM IN TERMS OF SUSTAINABILITY”, Paradoks Ekonomi Sosyoloji ve Politika Dergisi, vol. 18, no. 2, pp. 150–180, Dec. 2022, [Online]. Available: https://izlik.org/JA59PN23ZL
ISNAD
Efe, Ahmet. “A THEORETICAL AND CONCEPTUAL ANALYSIS ON WISDOM IN THE INNOVATIVE ECONOMIES PARADIGM IN TERMS OF SUSTAINABILITY”. Paradoks Ekonomi Sosyoloji ve Politika Dergisi 18/2 (December 1, 2022): 150-180. https://izlik.org/JA59PN23ZL.
JAMA
1.Efe A. A THEORETICAL AND CONCEPTUAL ANALYSIS ON WISDOM IN THE INNOVATIVE ECONOMIES PARADIGM IN TERMS OF SUSTAINABILITY. Paradoks Ekonomi Sosyoloji ve Politika Dergisi. 2022;18:150–180.
MLA
Efe, Ahmet. “A THEORETICAL AND CONCEPTUAL ANALYSIS ON WISDOM IN THE INNOVATIVE ECONOMIES PARADIGM IN TERMS OF SUSTAINABILITY”. Paradoks Ekonomi Sosyoloji Ve Politika Dergisi, vol. 18, no. 2, Dec. 2022, pp. 150-8, https://izlik.org/JA59PN23ZL.
Vancouver
1.Ahmet Efe. A THEORETICAL AND CONCEPTUAL ANALYSIS ON WISDOM IN THE INNOVATIVE ECONOMIES PARADIGM IN TERMS OF SUSTAINABILITY. Paradoks Ekonomi Sosyoloji ve Politika Dergisi [Internet]. 2022 Dec. 1;18(2):150-8. Available from: https://izlik.org/JA59PN23ZL