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Institutional Models Supporting Global Competitiveness in the Digital Era: A Study of Three Key Sectors

In: Proceedings of the 2nd International Conference on Business, Accounting, Banking, and Economics (ICBABE 2025)

Author

Listed:
  • I Nengah Suparwata

    (Master of Management at the Sekolah Tinggi Ilmu Ekonomi Pariwisata)

  • Anis Maryani

    (Master of Management at the Sekolah Tinggi Ilmu Ekonomi Pariwisata)

  • Deni Somantri

    (Master of Management at the Sekolah Tinggi Ilmu Ekonomi Pariwisata)

  • Angelique Melinda Saerang

    (Master of Management at the Sekolah Tinggi Ilmu Ekonomi Pariwisata)

  • Dwi Turyoni

    (Master of Management at the Sekolah Tinggi Ilmu Ekonomi Pariwisata)

  • Apri Kuntariningsih

    (Master of Management at the Sekolah Tinggi Ilmu Ekonomi Pariwisata)

Abstract

This study aims to identify and formulate an effective institutional model to support increasing global competitiveness in the digital era, focusing on three key sectors: management, tourism, and education. These three sectors have strategic contributions to economic growth, social transformation, and a country’s competitive position in an in creasingly digitalized global order. The method used is a qualitative approach with case study techniques and comparative analysis, through the collection of primary and sec ondary data from related institutions in these sectors. The results of the study indicate that an institutional model that is able to increase global competitiveness in the digital era is characterized by three main elements: data and technology-based governance, synergy between institutions across sectors, and policy flexibility in responding to global change. In the management sector, the implementation of digital governance accelerates the decision-making process and operational efficiency. In the tourism sec tor, collaboration between stakeholders with the support of digital platforms encourages global destination promotion. Meanwhile, in the education sector, an institutional model that encourages internationalization, digital learning, and global partnerships has been proven to strengthen the quality and competitiveness of graduates. This study con cludes that strengthening an inclusive, adaptive, and collaborative digital institutional model is a strategic step in responding to the challenges of global competitiveness. The recommendations produced include the establishment of a cross-sector institutional co ordination system, the development of digital human resources, and the integration of national policies based on data and technology.

Suggested Citation

  • I Nengah Suparwata & Anis Maryani & Deni Somantri & Angelique Melinda Saerang & Dwi Turyoni & Apri Kuntariningsih, 2025. "Institutional Models Supporting Global Competitiveness in the Digital Era: A Study of Three Key Sectors," Advances in Economics, Business and Management Research, in: Ali Mursid & Fitri Lukiastuti (ed.), Proceedings of the 2nd International Conference on Business, Accounting, Banking, and Economics (ICBABE 2025), pages 79-98, Springer.
  • Handle: RePEc:spr:advbcp:978-94-6463-862-2_8
    DOI: 10.2991/978-94-6463-862-2_8
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