INNOVATION for ECONOMIC GROWTH AND MEASUREMENT OF INNOVATION
EKONOMİK BÜYÜME İÇİN YENİLİK VE YENİLİĞİN ÖLÇÜLMESİ

Author : Erol SOLMAZ - Kamuran GÖNEN
Number of pages : 108-131

Abstract

The most important effect of globalization on national economies is that it has carried the competition to the international arena. Today, innovations are considered as the most important element of economic growth, competitive advantage and the social welfare. There are many empirical studies in the literature on the positive impact of innovation on economic growth. However, measuring innovation is an important requirement for effective management of innovation. Because if you cannot measure, which is the rule in management science, you cannot manage the pattern, it is also valid for innovation and innovation management. Studies are carried out on new measurement methods for the analysis of innovation performance especially for countries. In this study, the effect of innovation on economic growth has been handled within the framework of economic theories, and generally accepted innovation measurement methods have been examined.

Keywords

Economic Growth, Innovation, Measurement of Innovation

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