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A Governance Model for Increasing the Positive Effects of Institutions on the Long Run Economic Growth

Cilt: 6 Sayı: 2 30 Aralık 2020
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A Governance Model for Increasing the Positive Effects of Institutions on the Long Run Economic Growth

Abstract

The main aim of this study is to critically analyze the effects of institutions on economic growth on the basis of a deeply literature review with a technological point of view. This study found that culture, traditions, tacit knowledge, openness to innovations are the outstanding points in new century and we assert that for increasing positive effects of institutions in the long term there should be a model for management and governance of business of institutions that is the whole economy in the digital macroeconomics. In the era of the upcoming industry 4.0, smart cities and e-government paradigms there should be integration of IT and business processes via a valid management and governance model. With the assumption that innovation digestion and cutting-edge IT capability of institutions have positive effect on their profitability and competency in the market, COBIT model is found to be a valid and sustainable framework for effective and efficient institutional set-ups that provide a sustainable platform for economic value creation cycle.

Keywords

Kaynakça

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  2. Acemoglu, D., Johnson, S. & Robinson, J. (2002). The rise of Europe: Atlantic trade, institutional change and economic growth. National Bureau of Economic Research. Working Paper, 9378 Accessed on: 10.10.2020. http://www.nber.org/papers/w9378.
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  5. Alesina, A. (1994). The political economy of growth: A critical review of the recent literature. World Bank Economic Review, 8(3), 351-371. Accessed on: 10.10.2020. http://documents.worldbank.org/ curated/en/383001468764673841/The-political-economy-of-growth-a-critical-survey-of-the-recent-literature
  6. Atmaca, Y. & Sağır, H. (2017). Avrupa Birliği bölgesel politikası ve Türkiye: kalkınma ajansları bağlamında bir analiz. Artvin Çoruh Üniversitesi Uluslararası Sosyal Bilimler Dergisi, 3(2), 67-88. DOI: 10.22466/acusbd.304471
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Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

Derleme

Yayımlanma Tarihi

30 Aralık 2020

Gönderilme Tarihi

24 Ekim 2020

Kabul Tarihi

16 Aralık 2020

Yayımlandığı Sayı

Yıl 2020 Cilt: 6 Sayı: 2

Kaynak Göster

APA
Efe, A., & Şerefoğlu, C. (2020). A Governance Model for Increasing the Positive Effects of Institutions on the Long Run Economic Growth. Artvin Çoruh Üniversitesi Uluslararası Sosyal Bilimler Dergisi, 6(2), 95-114. https://doi.org/10.22466/acusbd.815892

Cited By

Artvin Çoruh Üniversitesi Uluslararası Sosyal Bilimler Dergisi

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