World Conference on Technology, Innovation and Entrepreneurship, İstanbul, Türkiye, 28 - 30 Mayıs 2015, ss.776-782
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.