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THE RELATIONSHIP BETWEEN INNOVATION AND ECONOMIC GROWTH: PANEL DATA ANALYSIS ON G7 COUNTRIES / İnovasyon Ve Ekonomik Büyüme İlişkisi: G7 Ülkeleri Üzerine Panel Veri Analizi

Year 2019, Volume: 3 Issue: 2, 289 - 310, 23.10.2019
https://doi.org/10.29216/ueip.607662

Abstract

Innovation is defined as the
development of new or significantly improved product or processes. Therefore,
innovative developments in a country also affect economic growth. In this study,
the relationship between the innovation and the economic growth is examined
through G7 countries. The main hypothesis of the study is that there is a
relationship between innovation and economic growth. 
As an indicator of innovation, R&D
expenditures and patent applications were taken and panel data analysis were
performed with annual data covering 1981-2016 periods. As a result of the analyses,
it was concluded that there is a long-term relationship between innovation and
economic growth. A negative relationship was found between economic growth and
R&D. In addition, one-way causality relationship was observed from the
growth rate to patent applications.

References

  • Adak, M. (2015). Technological Progress, Innovation And Economic Growth; The Case Of Turkey. Procedia-Social and Behavioral Sciences, 195, 776-782.
  • Aghion, P. and Howitt, P. (1992). A Model Of Growth Through Creative Destruction. Econometrica, 60(2), 323-351.
  • Alene, A. D. (2010). Productivity growth and the effects of R&D in African agriculture. Agricultural Economics, 41(3‐4), 223-238.
  • Altiner, A. ve Y. Toktaş (2017). The Effects of Innovation on Economic Growth in the Emerging Market Economics: Panel Data Analysis. Journal of Current Researches on Business and Economics, 7(2), 477-496.
  • Audretsch D.B., W. Bonte, M. Keilbach (2008). Entrepreneurship Capitalandits Impact on Knowledge Diffusion and Economic Performance. Journal of Business Venturing, 23, 687-698.
  • Ballı, E. ve G. Güreşçi (2017). İnovasyon ve Ekonomik Büyüme: Üst ve Üst-Orta Gelirli Ülkeler Örneği. Yönetim ve Ekonomi Araştırmaları Dergisi,15, 99-112.
  • Barro, R. J. (1991). Economic Growth In A Cross Section Of Countries. The Quarterly Journal Of Economics, 106(2), 407-443.
  • Betz, F. (2003). Managing Technological Innovation: Competitive Advantage from Change. New Jersey: John Wiley & Sons.
  • Breush, T. S. ve A. R. Pagan (1980). The Lagrange Multiplier Test and its Applications to Model Specification in Econometrics. The Review of Economic Studies, 47(1), 239-253.
  • Brouwer, M. T. (2000). Entrepreneurship and Uncertaintly: Innovation and Competition Among the Many. Small Business Economics, 15(2), 149-160.
  • Bujari, A. A., Martínez, F. V., and Lechuga, G. P. (2016). Impact Of Derivatives Markets On Economic Growth in Some Of The Major World Economies: A Difference-GMM Panel Data Estimation (2002-2014). Aestimatio: The IEB International Journal of Finance, (12), 110-127.
  • Cameron, G. (1996). Innovation and Growth: A Survey of the Empirical Evidence, 1-34. Oxford: Nuffield College.
  • Di Ioiro, F. and Fachin, S., (2008). A Note on the Estimation of Long-run Relationships in Dependent Cointegrated Panels. MPRA Paper, 12053, University Library of Munich, Germany.
  • Drucker, P. F. (1985). The Changed World Economy. Foreign Affairs, 64(4), 768-791.
  • Dumitrescu, E. I. and C. Hurlin (2012). Testing For Granger Non-Causality in Heterogeneous Panels. Economic Modelling, 29, 1450-1460.
  • Eberhardt, M. ve Bond, S. (2009). Cross-Section Dependence in Nonstationary Panel Models: A Novel Estimator. MPRA Paper No. 17692, University Library of Munich, Germany.
  • Elçi, Ş. (2007). İnovasyon Kalkınmanın ve Rekabetin Anahtarı. Ankara: Nova Yayınları.
  • Genç, M. C., and Atasoy, Y. (2010). Ar&Ge Harcamaları Ve Ekonomik Büyüme İlişkisi: Panel Veri Analizi. Bilgi Ekonomisi ve Yönetimi Dergisi, 5(2). 27-34.
  • Goel, R. K., Payne, J. E., and Ram, R. (2008). R&D Expenditures And US Economic Growth: A Disaggregated Approach. Journal Of Policy Modelling, 30(2), 237-250.
  • Galindo, M. and M.P. Mendez (2013). Innovation, Entrepreneurship and Economic Growth. Management Decision, 51 (3), 501–514.
  • Geroski, P., S. Machin and J. V. Reenen (1993). The Profitability of Innovating Firms. The Rand Journal of Economics, 24(2), 198-211.
  • Grossman, G. M., and H. Elhanan (1990). Trade, Innovation, and Growth. American Economic Association, 80(2), 2-3.
  • Grossman, G. M., and Helpman, E. (1991). Trade, Knowledge Spillovers, And Growth. European Economic Review, 35(2-3), 517-526.
  • Gülmez, A., ve A. G. Akpolat (2014). Ar-Ge & İnovasyon Ve Ekonomik Büyüme: Türkiye Ve AB Örneği İçin Dinamik Panel Veri Analizi. AİBÜ Sosyal Bilimler Enstitüsü Dergisi, 14(2), 1-17.
  • Güloglu, B. ve Tekin, R. B. (2012). A Panel Causality Analysis Of The Relationship Among Research And Development, Innovation and Economic Growth in High-Income OECD Countries. Eurasian Economic Review, 2(1), 32-47.
  • Hasan, I., and C. L. Tucci (2010). The Innovation Economic Growth Nexus: Global Evidence. Research Policy, 39(10), 1264-1276.
  • Işık, N. ve E.C. Kılınç (2011). Bölgesel Kalkınmada Ar-Ge Ve İnovasyonun Önemi: Karşılaştırılmalı Bir Analiz. Osmangazi Üniversitesi İİBF Dergisi, 6 (2), 9-54.
  • Josheski, D. and Koteski, C. (2011). The Causal Relationship Between Patent Growth and Growth of GDP With Quarterly Data in The G7 Countries: Cointegration, ARDL And Error Correction Models. MPRA Paper, 33153, University Library of Munich, Germany.
  • Kantarcı, T. (2017). Ar-Ge ve Yeniliğin Gelişmekte Olan Ülkeler Bağlamında Makroekonomik Performans Üzerine Etkisi. (Yayınlanmamış Yüksek Lisans Tezi). Namık Kemal Üniversitesi Sosyal Bilimler Enstitüsü, Ankara.
  • Karaöz, M., M. Albeni (2004). Türkiye’de Teknoloji Çabalarına İlişkin Bir Değerlendirme: Türkiye’de Patent Aktivitesi. III. Bilgi Teknolojileri Kongresi, Bilgitek, Pamukkale Üniversitesi, Denizli.
  • Kavak, Ç. (2009). Bilgi Ekonomisinde İnovasyon Kavramı ve Temel Göstergeleri. Akademik Bilişim Konferansı Bildirileri, Şanlıurfa.
  • Keith, E.L. and G.J. Theodore (1984). Characterization of Innovations Introduced on the U.S: Market in 1982, The Futures Group, U.S.
  • Lichtenberg, F. R. (1992). R&D Investment and International Productivity Differences. NBER Working Paper No.4161.
  • Luecke R. (2011). Managing Creativity and Innovation, İş Dünyasında Yenilik ve Yaratıcılık. Parlak, T. (Çev.). İstanbul: İs Bankası Yayınları.
  • OECD (2007). Growth: Rationale For An Innovation Strategy, Statistical Office of the European Communities, Luxembourg.
  • OECD. (2018). World Development Indicators. Erişim Adresi: https://data.oecd.org/rd/gross-domestic-spending-on-r-d.htm
  • Örtlek, Z. (2015). İnovasyon ve Bölgesel Kalkınma Perspektifinden Türkiye. (Yayınlanmamış Yüksek Lisans Tezi ). Aksaray Üniversitesi Sosyal Bilimler Enstitüsü, Aksaray.
  • Özcan, B., ve A. Arı (2014). Araştırma-Geliştirme Harcamaları ve Ekonomik Büyüme İlişkisi: Panel Veri Analizi. Maliye Dergisi, 166(1), 39-55.
  • Özer, M., ve Çiftçi, N. (2009). Ar-Ge Harcamaları Ve İhracat İlişkisi: OECD Ülkeleri Panel Veri Analizi. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, 23(3), 39-50.
  • Özkul, G. ve E. Örün (2016). Girişimcilik ve İnovasyonun Ekonomik Büyüme Üzerindeki Etkisi: Ampirik Bir Araştırma. Girişimcilik ve İnovasyon Yönetimi Dergisi, 5(2), 17-51.
  • Pece, A. M., Simona, O. E. O. and Salisteanu, F. (2015). Innovation And Economic Growth: An Empirical Analysis For CEE Countries. Procedia Economics and Finance, 26, 461-467.
  • Pesaran, M. H. (2004). General Diagnostic Tests for Cross Section Dependence in Panels. CWPE 0435.
  • Pesaran, M. H. (2007). A Simple Panel Unit Root Test in the Presence of Crosssection Dependence. Journal of Applied Economics, 22(2), 265-312.
  • Pesaran, M. H. and T. Yamagata. (2008). Testing Slope Homogeneity in Large Panels. Journal of Econometrics, 142, 50-93.
  • Pesaran, M. H., A. Ullah and T. Yamagata. (2008). A Bias-Adjusted LM Test of Error Cross-Section Independence. Econometrics Journal, 11, 105-127.
  • Romer, P. M. (1986). Increasing Returns and Long-Run Growth. Journal of Political Economy, 94(5), 1002-1037.
  • Shiller, R. J. (2012). The Subprime Solution: How Today's Global Financial Crisis Happened, And What To Do About It. Princeton University Press.
  • Sinha, D. (2007). Patents, Innovations And Economic Growth in Japan and South Korea: Evidence From Individual Country and Panel Data. MPRA Paper, 2547, University Library of Munich, Germany.
  • Sylwester, K. (2001). R&D And Economic Growth. Knowledge, Technology & Policy, 13(4), 71-84.
  • Tushman, M. and D. Nadler (1986). Organizing for Innovation. California Management Review, 18(3), 74-92.
  • Türedi, S. (2016). The Relationship between R&D Expenditures, Patent Applications and Growth: A Dynamic Panel Causality Analysis for OECD Countries. Anadolu Üniversitesi Sosyal Bilimler Dergisi, 16, 39-48.
  • Ülkü, H. (2004). R&D, Innovation, and Economic Growth: An Empirical Analysis. IMF Working Paper WP/04/85. Erişim Adresi: https://www.imf.org /external/pubs/ft/wp/2004/wp04185.pdf
  • Yılmaz, Z., ve E. İncekaş (2018). Türkiye’de İnovasyon Ve Bölgesel Kalkınma. Kırklareli Üniversitesi Sosyal Bilimler Dergisi, 2(1), 154-169.
  • Wang, C. (2013). The Long-run Effect of Innovation on Economic Growth. Erişim Adresi: https://www.murdoch.edu.au/School-of-Business-and-Governance /_ document/Australian-Conference-of-Economists/The-long-run-effect-of-innovation-on-economic-growth.pdf
  • Westerlund, J. (2008). Panel Cointegration Tests of the Fisher Effect. Journal of Applied Economietrics, 23(2), 193-223.
  • Yanyun, Z., Mingqian, Z. (2004). R&D and Economic Growth-Panel Data Analysis in ASEAN+3 Countries. Seoul Conference 2004, Korea and the World Economy III.
  • Zhang, L., W. Song, ve J. He (2012). Empirical Research on the Relationship between Scientific Innovation and Economic Growth in Beijing. Technology and Investment, 3(3), 168-173.

İNOVASYON VE EKONOMİK BÜYÜME İLİŞKİSİ: G7 ÜLKELERİ ÜZERİNE PANEL VERİ ANALİZİ / The Relationship Between Innovation And Economic Growth: Panel Data Analysis On G7 Countries

Year 2019, Volume: 3 Issue: 2, 289 - 310, 23.10.2019
https://doi.org/10.29216/ueip.607662

Abstract

İnovasyon, yeni veya önemli
derecede iyileştirilmiş ürün ve süreçlerin geliştirilmesi olarak
tanımlanmaktadır. Dolayısıyla bir ülkedeki inovatif gelişmeler ekonomik
büyümeyi de etkilemektedir. Çalışmada inovasyon ile ekonomik büyüme arasındaki
ilişki, G-7 ülkeleri üzerinden incelenmektedir. Çalışmanın temel hipotezi,
inovasyon ile ekonomik büyüme arasındaki ilişki vardır şeklinde belirlenmiştir.
İnovasyon göstergesi olarak ar-ge harcamaları ve patent başvuruları alınmıştır
ve 1981-2016 dönemlerini kapsayan yıllık veriler ile panel veri analizi
gerçekleştirilmiştir. Gerçekleştirilen analizler sonucunda, inovasyon ile
ekonomik büyüme arasında uzun dönemli ilişki olduğu sonucuna ulaşılmıştır.
Ekonomik büyüme ile Ar-Ge arasında ise negatif yönlü ilişki tespit edilmiştir.
Ayrıca büyüme oranından patent başvurularına doğru ise tek yönlü nedensellik
ilişkisi görülmüştür.

References

  • Adak, M. (2015). Technological Progress, Innovation And Economic Growth; The Case Of Turkey. Procedia-Social and Behavioral Sciences, 195, 776-782.
  • Aghion, P. and Howitt, P. (1992). A Model Of Growth Through Creative Destruction. Econometrica, 60(2), 323-351.
  • Alene, A. D. (2010). Productivity growth and the effects of R&D in African agriculture. Agricultural Economics, 41(3‐4), 223-238.
  • Altiner, A. ve Y. Toktaş (2017). The Effects of Innovation on Economic Growth in the Emerging Market Economics: Panel Data Analysis. Journal of Current Researches on Business and Economics, 7(2), 477-496.
  • Audretsch D.B., W. Bonte, M. Keilbach (2008). Entrepreneurship Capitalandits Impact on Knowledge Diffusion and Economic Performance. Journal of Business Venturing, 23, 687-698.
  • Ballı, E. ve G. Güreşçi (2017). İnovasyon ve Ekonomik Büyüme: Üst ve Üst-Orta Gelirli Ülkeler Örneği. Yönetim ve Ekonomi Araştırmaları Dergisi,15, 99-112.
  • Barro, R. J. (1991). Economic Growth In A Cross Section Of Countries. The Quarterly Journal Of Economics, 106(2), 407-443.
  • Betz, F. (2003). Managing Technological Innovation: Competitive Advantage from Change. New Jersey: John Wiley & Sons.
  • Breush, T. S. ve A. R. Pagan (1980). The Lagrange Multiplier Test and its Applications to Model Specification in Econometrics. The Review of Economic Studies, 47(1), 239-253.
  • Brouwer, M. T. (2000). Entrepreneurship and Uncertaintly: Innovation and Competition Among the Many. Small Business Economics, 15(2), 149-160.
  • Bujari, A. A., Martínez, F. V., and Lechuga, G. P. (2016). Impact Of Derivatives Markets On Economic Growth in Some Of The Major World Economies: A Difference-GMM Panel Data Estimation (2002-2014). Aestimatio: The IEB International Journal of Finance, (12), 110-127.
  • Cameron, G. (1996). Innovation and Growth: A Survey of the Empirical Evidence, 1-34. Oxford: Nuffield College.
  • Di Ioiro, F. and Fachin, S., (2008). A Note on the Estimation of Long-run Relationships in Dependent Cointegrated Panels. MPRA Paper, 12053, University Library of Munich, Germany.
  • Drucker, P. F. (1985). The Changed World Economy. Foreign Affairs, 64(4), 768-791.
  • Dumitrescu, E. I. and C. Hurlin (2012). Testing For Granger Non-Causality in Heterogeneous Panels. Economic Modelling, 29, 1450-1460.
  • Eberhardt, M. ve Bond, S. (2009). Cross-Section Dependence in Nonstationary Panel Models: A Novel Estimator. MPRA Paper No. 17692, University Library of Munich, Germany.
  • Elçi, Ş. (2007). İnovasyon Kalkınmanın ve Rekabetin Anahtarı. Ankara: Nova Yayınları.
  • Genç, M. C., and Atasoy, Y. (2010). Ar&Ge Harcamaları Ve Ekonomik Büyüme İlişkisi: Panel Veri Analizi. Bilgi Ekonomisi ve Yönetimi Dergisi, 5(2). 27-34.
  • Goel, R. K., Payne, J. E., and Ram, R. (2008). R&D Expenditures And US Economic Growth: A Disaggregated Approach. Journal Of Policy Modelling, 30(2), 237-250.
  • Galindo, M. and M.P. Mendez (2013). Innovation, Entrepreneurship and Economic Growth. Management Decision, 51 (3), 501–514.
  • Geroski, P., S. Machin and J. V. Reenen (1993). The Profitability of Innovating Firms. The Rand Journal of Economics, 24(2), 198-211.
  • Grossman, G. M., and H. Elhanan (1990). Trade, Innovation, and Growth. American Economic Association, 80(2), 2-3.
  • Grossman, G. M., and Helpman, E. (1991). Trade, Knowledge Spillovers, And Growth. European Economic Review, 35(2-3), 517-526.
  • Gülmez, A., ve A. G. Akpolat (2014). Ar-Ge & İnovasyon Ve Ekonomik Büyüme: Türkiye Ve AB Örneği İçin Dinamik Panel Veri Analizi. AİBÜ Sosyal Bilimler Enstitüsü Dergisi, 14(2), 1-17.
  • Güloglu, B. ve Tekin, R. B. (2012). A Panel Causality Analysis Of The Relationship Among Research And Development, Innovation and Economic Growth in High-Income OECD Countries. Eurasian Economic Review, 2(1), 32-47.
  • Hasan, I., and C. L. Tucci (2010). The Innovation Economic Growth Nexus: Global Evidence. Research Policy, 39(10), 1264-1276.
  • Işık, N. ve E.C. Kılınç (2011). Bölgesel Kalkınmada Ar-Ge Ve İnovasyonun Önemi: Karşılaştırılmalı Bir Analiz. Osmangazi Üniversitesi İİBF Dergisi, 6 (2), 9-54.
  • Josheski, D. and Koteski, C. (2011). The Causal Relationship Between Patent Growth and Growth of GDP With Quarterly Data in The G7 Countries: Cointegration, ARDL And Error Correction Models. MPRA Paper, 33153, University Library of Munich, Germany.
  • Kantarcı, T. (2017). Ar-Ge ve Yeniliğin Gelişmekte Olan Ülkeler Bağlamında Makroekonomik Performans Üzerine Etkisi. (Yayınlanmamış Yüksek Lisans Tezi). Namık Kemal Üniversitesi Sosyal Bilimler Enstitüsü, Ankara.
  • Karaöz, M., M. Albeni (2004). Türkiye’de Teknoloji Çabalarına İlişkin Bir Değerlendirme: Türkiye’de Patent Aktivitesi. III. Bilgi Teknolojileri Kongresi, Bilgitek, Pamukkale Üniversitesi, Denizli.
  • Kavak, Ç. (2009). Bilgi Ekonomisinde İnovasyon Kavramı ve Temel Göstergeleri. Akademik Bilişim Konferansı Bildirileri, Şanlıurfa.
  • Keith, E.L. and G.J. Theodore (1984). Characterization of Innovations Introduced on the U.S: Market in 1982, The Futures Group, U.S.
  • Lichtenberg, F. R. (1992). R&D Investment and International Productivity Differences. NBER Working Paper No.4161.
  • Luecke R. (2011). Managing Creativity and Innovation, İş Dünyasında Yenilik ve Yaratıcılık. Parlak, T. (Çev.). İstanbul: İs Bankası Yayınları.
  • OECD (2007). Growth: Rationale For An Innovation Strategy, Statistical Office of the European Communities, Luxembourg.
  • OECD. (2018). World Development Indicators. Erişim Adresi: https://data.oecd.org/rd/gross-domestic-spending-on-r-d.htm
  • Örtlek, Z. (2015). İnovasyon ve Bölgesel Kalkınma Perspektifinden Türkiye. (Yayınlanmamış Yüksek Lisans Tezi ). Aksaray Üniversitesi Sosyal Bilimler Enstitüsü, Aksaray.
  • Özcan, B., ve A. Arı (2014). Araştırma-Geliştirme Harcamaları ve Ekonomik Büyüme İlişkisi: Panel Veri Analizi. Maliye Dergisi, 166(1), 39-55.
  • Özer, M., ve Çiftçi, N. (2009). Ar-Ge Harcamaları Ve İhracat İlişkisi: OECD Ülkeleri Panel Veri Analizi. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, 23(3), 39-50.
  • Özkul, G. ve E. Örün (2016). Girişimcilik ve İnovasyonun Ekonomik Büyüme Üzerindeki Etkisi: Ampirik Bir Araştırma. Girişimcilik ve İnovasyon Yönetimi Dergisi, 5(2), 17-51.
  • Pece, A. M., Simona, O. E. O. and Salisteanu, F. (2015). Innovation And Economic Growth: An Empirical Analysis For CEE Countries. Procedia Economics and Finance, 26, 461-467.
  • Pesaran, M. H. (2004). General Diagnostic Tests for Cross Section Dependence in Panels. CWPE 0435.
  • Pesaran, M. H. (2007). A Simple Panel Unit Root Test in the Presence of Crosssection Dependence. Journal of Applied Economics, 22(2), 265-312.
  • Pesaran, M. H. and T. Yamagata. (2008). Testing Slope Homogeneity in Large Panels. Journal of Econometrics, 142, 50-93.
  • Pesaran, M. H., A. Ullah and T. Yamagata. (2008). A Bias-Adjusted LM Test of Error Cross-Section Independence. Econometrics Journal, 11, 105-127.
  • Romer, P. M. (1986). Increasing Returns and Long-Run Growth. Journal of Political Economy, 94(5), 1002-1037.
  • Shiller, R. J. (2012). The Subprime Solution: How Today's Global Financial Crisis Happened, And What To Do About It. Princeton University Press.
  • Sinha, D. (2007). Patents, Innovations And Economic Growth in Japan and South Korea: Evidence From Individual Country and Panel Data. MPRA Paper, 2547, University Library of Munich, Germany.
  • Sylwester, K. (2001). R&D And Economic Growth. Knowledge, Technology & Policy, 13(4), 71-84.
  • Tushman, M. and D. Nadler (1986). Organizing for Innovation. California Management Review, 18(3), 74-92.
  • Türedi, S. (2016). The Relationship between R&D Expenditures, Patent Applications and Growth: A Dynamic Panel Causality Analysis for OECD Countries. Anadolu Üniversitesi Sosyal Bilimler Dergisi, 16, 39-48.
  • Ülkü, H. (2004). R&D, Innovation, and Economic Growth: An Empirical Analysis. IMF Working Paper WP/04/85. Erişim Adresi: https://www.imf.org /external/pubs/ft/wp/2004/wp04185.pdf
  • Yılmaz, Z., ve E. İncekaş (2018). Türkiye’de İnovasyon Ve Bölgesel Kalkınma. Kırklareli Üniversitesi Sosyal Bilimler Dergisi, 2(1), 154-169.
  • Wang, C. (2013). The Long-run Effect of Innovation on Economic Growth. Erişim Adresi: https://www.murdoch.edu.au/School-of-Business-and-Governance /_ document/Australian-Conference-of-Economists/The-long-run-effect-of-innovation-on-economic-growth.pdf
  • Westerlund, J. (2008). Panel Cointegration Tests of the Fisher Effect. Journal of Applied Economietrics, 23(2), 193-223.
  • Yanyun, Z., Mingqian, Z. (2004). R&D and Economic Growth-Panel Data Analysis in ASEAN+3 Countries. Seoul Conference 2004, Korea and the World Economy III.
  • Zhang, L., W. Song, ve J. He (2012). Empirical Research on the Relationship between Scientific Innovation and Economic Growth in Beijing. Technology and Investment, 3(3), 168-173.
There are 57 citations in total.

Details

Primary Language Turkish
Subjects Economics
Journal Section RESEARCH ARTICLES
Authors

İbrahim Çütçü 0000-0002-8655-1553

Turgay Bozan This is me 0000-0001-7120-8712

Publication Date October 23, 2019
Published in Issue Year 2019 Volume: 3 Issue: 2

Cite

APA Çütçü, İ., & Bozan, T. (2019). İNOVASYON VE EKONOMİK BÜYÜME İLİŞKİSİ: G7 ÜLKELERİ ÜZERİNE PANEL VERİ ANALİZİ / The Relationship Between Innovation And Economic Growth: Panel Data Analysis On G7 Countries. Uluslararası Ekonomi İşletme Ve Politika Dergisi, 3(2), 289-310. https://doi.org/10.29216/ueip.607662

Recep Tayyip Erdogan University
Faculty of Economics and Administrative Sciences
Department of Economics
RIZE / TURKEY