R&D Expenditures-Innovation Relationship: Panel Data Analysis for Selected Countries

Dilek Kutluay Şahin

Makale detayları

R&D Expenditures-Innovation Relationship: Panel Data Analysis for Selected Countries

Yazarlar:

Dilek Kutluay Şahin

Yayıncı:

Ankara Hacı Bayram Veli University

Ana Başlıklar:

Mikro İktisat (Diğer)

Dergi:

Ankara Hacı Bayram Veli Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Vol.25 Issue 3, pp.1033-1052

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001308103

pISSN:

2667-405X

Anahtar kelimeler:

Özet:

 In the study, the concept of innovation, which is an important phenomenon in the process of economic growth and development, has been analyzed. This study aims to reveal the relationship between innovation, which is an important factor in economic development and growth, and research and development expenditures. In the study, an econometric model was established in order to determine the effect of research and development expenditures on innovation. In this model, the number of domestic patent applications was taken to represent innovation as the dependent variable. As independent variables; RD expenditures and gross capital data were used. Panel data analysis was conducted for the sample of 35 countries, covering the period 2000-2019. The country sample was formed from among the top 49 countries whose data is available in the 2022 global innovation index ranking. In the analysis, it has been concluded that RD expenditures have a significant positive effect on innovation. The gross capital variable, on the other hand, negatively affects the patent variable, which represents innovation. In the study, it was concluded that RD expenditures have a significant positive effect on innovation. In order to increase innovation, countries should first allocate more resources to research and development activities.

 In the study, the concept of innovation, which is an important phenomenon in the process of economic growth and development, has been analyzed. This study aims to reveal the relationship between innovation, which is an important factor in economic development and growth, and research and development expenditures. In the study, an econometric model was established in order to determine the effect of research and development expenditures on innovation. In this model, the number of domestic patent applications was taken to represent innovation as the dependent variable. As independent variables; RD expenditures and gross capital data were used. Panel data analysis was conducted for the sample of 35 countries, covering the period 2000-2019. The country sample was formed from among the top 49 countries whose data is available in the 2022 global innovation index ranking. In the analysis, it has been concluded that RD expenditures have a significant positive effect on innovation. The gross capital variable, on the other hand, negatively affects the patent variable, which represents innovation. In the study, it was concluded that RD expenditures have a significant positive effect on innovation. In order to increase innovation, countries should first allocate more resources to research and development activities.

 In the study, the concept of innovation, which is an important phenomenon in the process of economic growth and development, has been analyzed. This study aims to reveal the relationship between innovation, which is an important factor in economic development and growth, and research and development expenditures. In the study, an econometric model was established in order to determine the effect of research and development expenditures on innovation. In this model, the number of domestic patent applications was taken to represent innovation as the dependent variable. As independent variables; RD expenditures and gross capital data were used. Panel data analysis was conducted for the sample of 35 countries, covering the period 2000-2019. The country sample was formed from among the top 49 countries whose data is available in the 2022 global innovation index ranking. In the analysis, it has been concluded that RD expenditures have a significant positive effect on innovation. The gross capital variable, on the other hand, negatively affects the patent variable, which represents innovation. In the study, it was concluded that RD expenditures have a significant positive effect on innovation. In order to increase innovation, countries should first allocate more resources to research and development activities.

 Çalışmada ekonomik büyüme ve kalkınma sürecinde önemli bir olgu olan inovasyon kavramı analiz edilmiştir. Bu çalışma, günümüzde ekonomik kalkınma ve büyümede oldukça önem kazanan bir faktör olan inovasyon ile araştırma geliştirme harcamalarının arasındaki ilişkiyi ortaya koymayı amaçlamaktadır. Çalışmada araştırma geliştirme harcamalarının inovasyon üzerindeki etkisini belirleyebilmek amacıyla ekonometrik bir model oluşturulmuştur. Bu modelde bağımlı değişken olarak yerli patent başvuru sayıları inovasyonu temsil etmek için kullanılmıştır. Bağımsız değişkenler olarak ise; Ar-Ge harcamaları ve brüt sermaye verileri kullanılmıştır. 35 ülke örneklemi için 2000-2019 dönemini içeren panel veri analizi yapılmıştır. Ülke örneklemi, 2022 küresel inovasyon endeksi sıralamasında verilerine erişilebilmesi mümkün olan ilk 49 ülke arasından oluşturulmuştur. Analizde Ar-Ge harcamalarının inovasyonu önemli ölçüde pozitif yönde etkilediği sonucuna ulaşılmıştır. Brüt sermaye değişkeni ise inovasyonu temsil eden patent değişkenini negatif yönde etkilemektedir. Çalışmada inovasyon üzerinde Ar-Ge harcamalarının pozitif yönde önemli bir etkisinin olduğu neticesine varılmıştır. İnovasyonu arttırmak için ülkeler öncelikli olarak araştırma geliştirme faaliyetlerine daha fazla kaynak ayırmalıdırlar.

Makale detayları

R&D Expenditures-Innovation Relationship: Panel Data Analysis for Selected Countries

Yazarlar:

Dilek Kutluay Şahin

Yayıncı:

Ankara Hacı Bayram Veli University

Ana Başlıklar:

Mikro İktisat (Diğer)

Dergi:

Ankara Hacı Bayram Veli Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Vol.25 Issue 3, pp.1033-1052

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001308103

pISSN:

2667-405X

Innovation

R&D

Panel Data Analysisİnovasyon

Ar-Ge

Panel Veri Analizi

Sayı

Makale detayları

R&D Expenditures-Innovation Relationship: Panel Data Analysis for Selected Countries

Yazarlar: Dilek Kutluay Şahin

Yayıncı: Ankara Hacı Bayram Veli University

Ana Başlıklar: Mikro İktisat (Diğer)

Dergi: Ankara Hacı Bayram Veli Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Vol.25 Issue 3, pp.1033-1052

Belge Tipi: Makale

Yayın Tarihi: 9/2024

Belge Dili: İngilizce

Document ID (Org No.): 2001308103

pISSN: 2667-405X

Innovation

R&D

Panel Data Analysisİnovasyon

Ar-Ge

Panel Veri Analizi

Sayı

Yazarlar:

Dilek Kutluay Şahin

Yayıncı:

Ankara Hacı Bayram Veli University

Ana Başlıklar:

Mikro İktisat (Diğer)

Dergi:

Ankara Hacı Bayram Veli Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Vol.25 Issue 3, pp.1033-1052

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001308103

pISSN:

2667-405X