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How Polish Firms Use the EU Funds for Innovative Projects? Final Evaluation of Pomerania Region in Poland Read chapter Read first chapter

2015 | OriginalPaper | Chapter

Political Economy of Innovation and Export Performance in the Emerging Market in the Light of the Regulations: Turkey After 1990s

Authors : Omer Tugsal Doruk, Ergul Soylemezoglu

Published in: Innovation, Finance, and the Economy

Publisher: Springer International Publishing

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Abstract

Innovation is essential for the economy due to it accelerates to growth process. Due to technology lowers to cost and time for production stage, innovation is crucial for the economic growth. In this paper, technology intensive exports of the real/manufacturing sectors and regulatory framework, and its relation to the regulatory framework are examined in the emerging market. In this paper, the regulatory framework of innovation activities and its impact on technology intensive exports in Turkey are examined between 1990 and 2010. Obtained results show that there is some technology intensive exports interaction with the regulatory framework, there is technology intensity exports and the regulatory framework interaction is crucial in the long term, and there is no R&D intensity exports of the manufacturing sector in the short term.

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Footnotes
1
Due to the terms of trade effect, R&D intensive exports are catalyzer for the economic growth.
 
2
In this framework, infant industry policies were misleading policies for achieving to the industrialization target for Turkey, before the 1980s.
 
3
In the light of the decisions of 24th January, Turkish Government embarked upon a series of reforms designed to accomplish the followings: remove price controls and subsidies, lessen the role of the public sector in commerce, emphasize growth in the private sector, stimulate private investments and savings, liberalize foreign trade, reduce tariffs, ease capital transfer exchange controls, privatize the Central Bank and reform the taxation system (Etkin et al. 2000).
 
4
Furthermore the national programs are as follows: TÜBİTAK-TEYDEB Support Programs, TTGV (Turkey technology Development Foundation) R&D Project Supports, San-Tez Support Program, KOSGEB Support Programs, International Programs, European Union (EU HORIZON 2020 Programme), Eureka and Eurostars Reduction, exemption, support and incentive elements covered under the laws specified tax deduction, income tax withholding support, social security premium support, stamp duty exemption, techno-venture capital support, R&D support, and corporate tax incentives (PWC 2014).
 
5
The data are available after 1990 for Turkey. For detailed information; stats.oecd.org
 
6
Multicollinearity problem is defined as a high degree correlation between the independent variables in the multivariate regression analysis. For avoiding to the estimation bias, all the independent variables were separately used in the regression analysis.
 
7
All the models were estimated with standard errors (not robust) before, however, due to autocorrelation and heteroscedasticity problems, we estimated robust models. The non-robust estimates could be requested by the authors.
 
Literature
Altıok, M., & Tuncer, İ. (2013). Structural change and productivity in manufacturing industry of Turkey: The period of 1980–2008. Anadolu University Journal of Social Sciences, 13(2), 55–69.
Doruk, Ö. T., Kardaşlar, A., & Kandır, E. D. (2013). Turkish economy’s great transformation: Industry, agriculture and economic growth in the process after 1980: A review from the perspective of Kaldor’s first growth law. The Empirical Economics Letters, 12(6), 587–592.
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Westlundab, H., Larssonb, J. P., & Olsson, A. R. (2014). Start-ups and local entrepreneurial social capital in the municipalities of Sweden. Regional Studies, 48(6), 974–994.CrossRef
Metadata
Title
Political Economy of Innovation and Export Performance in the Emerging Market in the Light of the Regulations: Turkey After 1990s
Authors
Omer Tugsal Doruk
Ergul Soylemezoglu
Copyright Year
2015
Book
Innovation, Finance, and the Economy

Print ISBN: 978-3-319-15879-2

Electronic ISBN: 978-3-319-15880-8

Copyright Year: 2015

DOI
https://doi.org/10.1007/978-3-319-15880-8_12