Journals / İktisadi ve İdari Yaklaşımlar Dergisi / 2021 / Cilt: 3 - Sayı: 1

An Empirical Review for OECD Countries on the Relationship between Innovation, Entrepreneurship and Economic Growth

YENİLİKÇİLİK, GİRİŞİMCİLİK ve EKONOMİK BÜYÜME İLİŞKİSİNE YÖNELİK OECD ÜLKELERİ İÇİN AMPİRİK BİR İNCELEME

Pages
59–72
Publication Date
2021-06-30
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

However, it has been concluded that there is a causal relationship in OECD countries, both from patent to growth and from growth to entrepreneurial activities.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Today, entrepreneurship and innovation are adopted as a driving force for economic growth..
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Key Findings & Data:The aim of this study is to empirically analyze the effects of entrepreneurship activities and innovation on economic growth for 35 OECD countries.
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Conclusion & Impact:However, it has been concluded that there is a causal relationship in OECD countries, both from patent to growth and from growth to entrepreneurial activities.
🔬Design:Research Article
📍Scope:2001-2018 Verileri
⚙️Variables:Ekonomik büyüme · Girişimcilik · İnovasyon

Abstract

Today, entrepreneurship and innovation are adopted as a driving force for economic growth.. The aim of this study is to empirically analyze the effects of entrepreneurship activities and innovation on economic growth for 35 OECD countries. In the study, using the data of 2001-2018 periods, the relationship between the variables was examined using panel data analysis methods. As a result of the findings, there is a peer-to-peer relationship from patent to growth and from entrepreneurship to growth. However, it has been concluded that there is a causal relationship in OECD countries, both from patent to growth and from growth to entrepreneurial activities. According to the results of the canning Pedroni causality test, the results were reached in OECD countries that the right causality exists from patent to growth and from growth to entrepreneurial activities.

Özet

Günümüzde girişimcilik ve inovasyon ekonomik büyüme için itici bir güç olarak benimsenmektedir. Bu çalışmanın amacı 35 OECD ülkeleri için girişimcilik faaliyetleri ve inovasyonun ekonomik büyüme üzerindeki etkilerini ampirik olarak analiz etmektir. Çalışmada 2001-2018 dönemleri verilerinden yararlanılarak, değişkenler arasındaki ilişki panel veri analiz yöntemleri kullanılarak incelenmiştir. Bulgular sonucunda patentten büyümeye ve girişimcilikten büyümeye doğru eş bütünleşme ilişkisi söz konusudur. Bununla beraber, OECD ülkelerinde hem patentten büyümeye doğru hem de büyümeden girişimcilik faaliyetlerine doğru nedensellik ilişkisinin var olduğu sonucuna ulaşılmıştır. Canning Pedroni nedensellik testti sonuçlarına göre OECD ülkelerinde patentten büyümeye ve büyümeden girişimcilik faaliyetlerine doğru nedenselliğin var olduğu sonuçlarına ulaşılmıştır.

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Cite This Article

TÜRKMAN, Ç., SÖKMEN, F. Ş. (2021). An Empirical Review for OECD Countries on the Relationship between Innovation, Entrepreneurship and Economic Growth. İktisadi ve İdari Yaklaşımlar Dergisi, Cilt: 3 - Sayı: 1, 59–72. https://ajindex.com/articles/220435

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