Technological Progress, Innovation and Economic Growth; the Case of Turkey
World Conference on Technology, Innovation and Entrepreneurship, İstanbul, Türkiye, 28 - 30 Mayıs 2015, ss.776-782, (Tam Metin Bildiri)
- Yayın Türü: Bildiri / Tam Metin Bildiri
- Cilt numarası:
- Doi Numarası: 10.1016/j.sbspro.2015.06.478
- Basıldığı Şehir: İstanbul
- Basıldığı Ülke: Türkiye
- Sayfa Sayıları: ss.776-782
- İstanbul Üniversitesi Adresli: Hayır
Özet
This paper focuses on the influence of technological progress and innovation on the Turkish economy. The economic structure of Turkey has changed dramatically over the last three and a half decades during which technology has become a crucial endogenous variable in aggregate production function. The new technology investments brought with them high productivity rates and rapid, positive economic growth. The inter-relation between technological progress and economic growth is summarized and analyzed using quantitative methods. The Econometric results show a significant effect of technological progress and innovation on economic growth. (C) 2015 The Authors. Published by Elsevier Ltd.