Variables Affecting Innovation-Related Competitiveness in Turkey
Innovation’s relation with competitiveness can be considered as a part of its emerging importance for the global economy. Accordingly, the main goal of this quantitative study is to foresee the main “macro” variables affecting Turkey’s innovation-related competitive performance in the long run by considering innovation concept, both in the global and European Union basis. Following the introductory part and literature review, the relationship between innovation and competitiveness has been emphasized in Section 5.3. In Section 5.4, European Union Innovation Scoreboard has been mentioned. In Section 5.5 and the final section of the chapter, innovation concept has been discussed as an extension to Summary of Innovation Index and factors affecting innovation-related competitiveness in Turkey have been examined. First, a brief exploratory factor analysis has been conducted to identify the relevance of selected variables. Then, for investigating factors affecting medium and long-run innovation-related competitiveness in the country, a VAR model has been utilized. Granger’s causality test has also been used to detect the cause-effect relationships between variables. As a result, it has been deduced that basic variables affecting innovation-related competitiveness are the number of patent applications and per capita R&D expenses. Moreover, it is also concluded that the Gross Domestic Product may also be relatively important in the long run.
KeywordsEuropean Union Innovation Performance Patent Application Granger Causality Innovation Policy
Unable to display preview. Download preview PDF.
- Crowley, P. (2005). Innovation Activity in the New Member States and Candidate Countries. Brussels: Statistics in Focus: Science and Technology.Google Scholar
- European Commission (2004) European Innovation Scoreboard 2004, Comparative Analysis of Innovation Performance. In: Pro Inno EuropeGoogle Scholar
- http://www.trendchart.cordis.lu/scoreboards/scoreboard2004/pdf/eis_2004.pdf/ European Innovation Scoreboard 2004, Comparative Analysis of Innovation Performance. Cited 21 Sep 2007.
- European Commission (2006a) Annual Innovation Policy Trends and Appraisal Report: Turkey 2005–2006. Brussels: Enterprise Directorate General.Google Scholar
- European Commission (2006b) European Innovation Progress Report, 2006: Trendchart. In: Pro Inno EuropeGoogle Scholar
- http://www.proinno-europe.eu/docs/Reports/Documents/EIPR2006-final.pdf/ European Innovation Progress Report, 2006: Trendchart. Cited 14 Oct 2007.
- Kline, P. (1994). An Easy Guide to Factor Analysis. New Jersey: Routledge.Google Scholar
- MERIT (2006) European Innovation Scoreboard 2006: Comparative Analysis of Innovation Performance. In: Report Prepared by Maastricht Economic Research Institute on Innovation and Technology and Joint Research Centre of the European CommissionGoogle Scholar
- http://www.proinno- europe.eu/doc/EIS2006_final.pdf/ European Innovation Scoreboard 2006: Comparative Analysis of Innovation Performance. Cited 09 Oct 2007.
- OECD (2004) Small and Medium Sized Enterprises in Turkey. In: Organization for Economic Cooperation and Development http://www.oecd.org/ dataoecd/5/11/31932173.pdf/ Small and Medium Sized Enterprises in Turkey
- OECD (2005). Oslo Manual: Guidelines for Collecting and Interpreting Innovation Data.Paris: A Joint Publication of OECD and Eurostat.Google Scholar
- WEF (2004) The Lisbon Review, 2004: An Assessment of Policies and Reforms in Europe. In: World Economic Forum.Google Scholar
- cchttp://www.weforum.org/pdf/Gcr/LisbonReview/Lisbon_Review_2004.pdf/ The Lisbon Review, 2004: An Assessment of Policies and Reforms in Europe. Cited 20 Nov 2007.
- WEF (2006) Global Competitiveness Index: 2006. In: World Economic Forum. cchttp://www.weforum.org/pdf/Global_Competetiveness_Reports/Reports/ gcr_2006/ Global Competitiveness Index: 2006. Cited 08 Dec 2007.