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MACROECONOMIC DETERMINANTS OF INNOVATION

Year 2011, Volume: 7 Issue: 13, 53 - 68, 01.06.2011

Abstract

The aim of this study is to explore the macroeconomic determinants of innovation. In order to accomplish this goal sensitivity analysis is conducted using the mean of four annual observations in 56 countries. The results denote that learning-bydoing, competition, educational performance and economic freedom have a great impact on the change of the innovation rate

References

  • Arrow, Kenneth J. (1962), ―The Economic Implications of Learning by Doing‖, The Review of Economic Studies, Vol. 29, No. 3, ss. 155-173.
  • Ding, Hong (2006), ―The Determinants of Innovation: An Empirical Cross-Country Study of 43 Countries for 1998-2002‖, Applied Econometrics and International Development, Vol. 6, No. 1, ss. 35-50.
  • Fagerberg, Jan (2005), ―Innovation: A Guide to the Literature‖, The Oxford Handbook of Innovation, (Der. Jan Fagerberg, David C. Mowery ve Richard R. Nelson), Oxford University Press, New York, ss. 1-26.
  • Furman, Jeffrey L., Michael E. Porter ve Scott Stern (2002), ―The Determinanats of National Innovative Capacity‖, Research Policy, Vol. 31, ss. 899-933.
  • Grossman, G. M. ve E. Helpman (1991), Innovation and Growth in the Global Economy, MIT press, Cambridge.
  • Hanushek, Eric A. Ve Ludger Woessmann (2008), ―The Role of Cognitive Skills in Econommic Development‖, Journal of Economic Literature, Vol. 46, No. 3, ss. 607-668.
  • Kline, S. J ve N. Rosenberg (1986), ―An Overview of Innovation‖, The Positive Sum Strategy: Harnessing Technology for Economic Growth, (Der. R. Landau ve N. Rosenberg), National Academy Press, ss. 275-304.
  • Leoncini, Riccardo (1998), ―The Nature of Long-Run Technological Change: Innovation, Evolution and Technological Systems‖, Research Policy, Vol. 27, ss. 75-93.
  • Leamer, Edward E. (1983), ―Let‘s Take the Con Out of Econometrics‖, The American Economic Review, Vol. 73, No. 1, ss. 31-43.
  • Levine, Ross ve David Renelt (1992), ―A Sensitivity Analysis Cross-Country Growth Regressions‖, The American Economic Review, Vol. 82, No. 4, ss. 942-963.
  • Mansfield, Edwin (1972), ―Contribution of R&D to Economic Growth in the United States‖, Science, Vol. 175, No. 4021, ss. 477-486.
  • Nadiri, Ishaq M. (1993), ―Innovations and Technological Spillovers‖, NBER Working Paper, No. 4423, NBER.
  • North, Douglass C. (2005), ―Institutions and the Performance of Economies Over Time‖, Handbook of New Institutional Economics, (Der. C. Menard ve M. M. Shirley), Springer, Netherlands, ss. 21-30.
  • OECD (AB-2005), Oslo Kılavuzu: Yenilik Verilerinin Toplanması ve Yorumlanması için İlkeler, çeviren:TÜBİTAK, OECD Publishing, France.
  • OECD (2005), Innovation Policy and Performance: A Cross-Country Comparison, OECD Publishing, France.
  • OECD (2010), The High Cost of Low Educational Performance: the Long-Run Economic Impact of Improving PISA outcomes, OECD Publishing, France.
  • Onaral, Banu ve Kurtuluş İzzetoğlu (2009), ―Yenileşim Seferberliği ve Küresel Beyin Gücümüz‖, Savunma Sanayii Gündemi, Vol. 3, No. 1, ss. 12-20.
  • Ramsey J. B. (1969), ―Tests for Specification Error in Classical Linear Least Squares Regression Analysis‖, Journal of Royal Statistical Society, Series B, Vol. 31, ss. 350-371.
  • Schumpeter, Joseph A. (1911), Theorie der Wirtschaftlichen Entwicklung. Eine Untersuchung ueber Unternehmergewinn, Kapital, Kredit, Zins und den Konjunkturzyklus, Dunker und Humbolt, Berlin.
  • Schumpeter, Joseph A. (1943) Capitalism, Socialism and Democracy, Harper, New York.
  • Schumpeter, Joseph A. (1961), The Theory of Economic Development: An Inquiry into Profits Capital Credit, Interest and the Business Cycles, 2. Baskı, (Çev. Redvers Opie), Harvard Universty Press, Cambridge.
  • Sheshinski, E. (1967), ―Optimal Accumulation with Learning by Doing‖, Essays on the Theory of Optimal Economic Growth, (Der. K. Shell), MIT Press, Cambridge, ss. 31-52.
  • Szostak, Rick (2009), The Causes of Economic Growth: Interdisciplinary Perspectives, Springer, Germany.
  • TDK (1988), Türkçe Sözlük, Türk Dil Kurumu Yayınları No: 549, Türk Tarih Kurumu Basım Evi, Ankara.
  • Utts, J. M. (1982), ―The Rainbow Test for Lack of Fit in Regression‖, Communications in Statistics – Theroy and Methods, Vol.11, ss.1801-1815.
  • World Bank (1997), World Development Report 1997, Oxford University Press, New York.
  • Wu, Webon ve Otto A. Davis (1999), ―The Two Freedoms, Economic Growth and Development: An Empirical Study‖, Public Choice, Vol. 100, No. 1, ss. 39-64.

İnovasyonun Makroekonomik Belirleyicileri

Year 2011, Volume: 7 Issue: 13, 53 - 68, 01.06.2011

Abstract

Bu çalışmanın amacı inovasyonun makroekonomik belirleyicilerini araştırmaktır. Bu amaçla 56 ülke için dört yıllık verinin ortalaması alınarak duyarlılık analizi yapılmıştır. Sonuçlar yaparak öğrenmenin, rekabetin, eğitim başarısının ve ekonomik özgürlüklerin inovasyon oranının değişiminde büyük etkiye sahip olduğunu göstermektedir.

References

  • Arrow, Kenneth J. (1962), ―The Economic Implications of Learning by Doing‖, The Review of Economic Studies, Vol. 29, No. 3, ss. 155-173.
  • Ding, Hong (2006), ―The Determinants of Innovation: An Empirical Cross-Country Study of 43 Countries for 1998-2002‖, Applied Econometrics and International Development, Vol. 6, No. 1, ss. 35-50.
  • Fagerberg, Jan (2005), ―Innovation: A Guide to the Literature‖, The Oxford Handbook of Innovation, (Der. Jan Fagerberg, David C. Mowery ve Richard R. Nelson), Oxford University Press, New York, ss. 1-26.
  • Furman, Jeffrey L., Michael E. Porter ve Scott Stern (2002), ―The Determinanats of National Innovative Capacity‖, Research Policy, Vol. 31, ss. 899-933.
  • Grossman, G. M. ve E. Helpman (1991), Innovation and Growth in the Global Economy, MIT press, Cambridge.
  • Hanushek, Eric A. Ve Ludger Woessmann (2008), ―The Role of Cognitive Skills in Econommic Development‖, Journal of Economic Literature, Vol. 46, No. 3, ss. 607-668.
  • Kline, S. J ve N. Rosenberg (1986), ―An Overview of Innovation‖, The Positive Sum Strategy: Harnessing Technology for Economic Growth, (Der. R. Landau ve N. Rosenberg), National Academy Press, ss. 275-304.
  • Leoncini, Riccardo (1998), ―The Nature of Long-Run Technological Change: Innovation, Evolution and Technological Systems‖, Research Policy, Vol. 27, ss. 75-93.
  • Leamer, Edward E. (1983), ―Let‘s Take the Con Out of Econometrics‖, The American Economic Review, Vol. 73, No. 1, ss. 31-43.
  • Levine, Ross ve David Renelt (1992), ―A Sensitivity Analysis Cross-Country Growth Regressions‖, The American Economic Review, Vol. 82, No. 4, ss. 942-963.
  • Mansfield, Edwin (1972), ―Contribution of R&D to Economic Growth in the United States‖, Science, Vol. 175, No. 4021, ss. 477-486.
  • Nadiri, Ishaq M. (1993), ―Innovations and Technological Spillovers‖, NBER Working Paper, No. 4423, NBER.
  • North, Douglass C. (2005), ―Institutions and the Performance of Economies Over Time‖, Handbook of New Institutional Economics, (Der. C. Menard ve M. M. Shirley), Springer, Netherlands, ss. 21-30.
  • OECD (AB-2005), Oslo Kılavuzu: Yenilik Verilerinin Toplanması ve Yorumlanması için İlkeler, çeviren:TÜBİTAK, OECD Publishing, France.
  • OECD (2005), Innovation Policy and Performance: A Cross-Country Comparison, OECD Publishing, France.
  • OECD (2010), The High Cost of Low Educational Performance: the Long-Run Economic Impact of Improving PISA outcomes, OECD Publishing, France.
  • Onaral, Banu ve Kurtuluş İzzetoğlu (2009), ―Yenileşim Seferberliği ve Küresel Beyin Gücümüz‖, Savunma Sanayii Gündemi, Vol. 3, No. 1, ss. 12-20.
  • Ramsey J. B. (1969), ―Tests for Specification Error in Classical Linear Least Squares Regression Analysis‖, Journal of Royal Statistical Society, Series B, Vol. 31, ss. 350-371.
  • Schumpeter, Joseph A. (1911), Theorie der Wirtschaftlichen Entwicklung. Eine Untersuchung ueber Unternehmergewinn, Kapital, Kredit, Zins und den Konjunkturzyklus, Dunker und Humbolt, Berlin.
  • Schumpeter, Joseph A. (1943) Capitalism, Socialism and Democracy, Harper, New York.
  • Schumpeter, Joseph A. (1961), The Theory of Economic Development: An Inquiry into Profits Capital Credit, Interest and the Business Cycles, 2. Baskı, (Çev. Redvers Opie), Harvard Universty Press, Cambridge.
  • Sheshinski, E. (1967), ―Optimal Accumulation with Learning by Doing‖, Essays on the Theory of Optimal Economic Growth, (Der. K. Shell), MIT Press, Cambridge, ss. 31-52.
  • Szostak, Rick (2009), The Causes of Economic Growth: Interdisciplinary Perspectives, Springer, Germany.
  • TDK (1988), Türkçe Sözlük, Türk Dil Kurumu Yayınları No: 549, Türk Tarih Kurumu Basım Evi, Ankara.
  • Utts, J. M. (1982), ―The Rainbow Test for Lack of Fit in Regression‖, Communications in Statistics – Theroy and Methods, Vol.11, ss.1801-1815.
  • World Bank (1997), World Development Report 1997, Oxford University Press, New York.
  • Wu, Webon ve Otto A. Davis (1999), ―The Two Freedoms, Economic Growth and Development: An Empirical Study‖, Public Choice, Vol. 100, No. 1, ss. 39-64.
There are 27 citations in total.

Details

Primary Language Turkish
Journal Section Research Article
Authors

Selim Yıldırım This is me

Publication Date June 1, 2011
Published in Issue Year 2011 Volume: 7 Issue: 13

Cite

APA Yıldırım, S. (2011). İnovasyonun Makroekonomik Belirleyicileri. Uluslararası Yönetim İktisat Ve İşletme Dergisi, 7(13), 53-68.