Journals / Uluslararası İktisadi ve İdari İncelemeler Dergisi / 2020 / Cilt: 0 - Sayı: 28

THE IMPACT OF INNOVATION IN THE PROCESS OF HIGH TECHNOLOGY EXPORTS: AN ANALYSIS ON BRICS COUNTRIES

YÜKSEK TEKNOLOJİ İHRACATI SÜRECİNDE İNOVASYONUN ETKİSİ: BRICS ÜLKELERİ ÜZERİNE BİR ANALİZ

Pages
193–202
Publication Date
2022-11-06
DOI
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AI Summary & Key Takeaways

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

Accordingly, innovation is a highly important factor in the export of high-tech products for BRICS countries, and it is understood that innovation activities should be given importance to create high added value in these countries

📌 3 Key Takeaways

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Objective & Hypothesis:The purpose of this study is to investigate the effects of innovation on high-tech exports in BRICS countries.
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Key Findings & Data:For this purpose, in this study, the relations between the R&D expenditures of the relevant countries and the number of patents they have and the export of high-technology are examined for the period of 1999-2018.
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Conclusion & Impact:Accordingly, innovation is a highly important factor in the export of high-tech products for BRICS countries, and it is understood that innovation activities should be given importance to create high added value in these countries
🔬Design:Research Article
📍Scope:2018 Verileri
⚙️Variables:Domain Parameters

Abstract

The purpose of this study is to investigate the effects of innovation on high-tech exports in BRICS countries. For this purpose, in this study, the relations between the R&D expenditures of the relevant countries and the number of patents they have and the export of high-technology are examined for the period of 1999-2018. Inthe study using panel data techniques, firstly, the existence of cross-section dependence in the series was investigated. Following the determination of the cross-section dependency, the stationarity of the series was investigated by Pesaran (2007) unit root test, which can also be applied in the presence of cross-section dependence. Afterwards, the series, which were found to be non-stationary at level, were made stationary by taking the difference of the series and the relations between the variables were analyzed by panel fixed effects and panel random effects methods. In the outputs of the study, a significant positive relationship wasfound between the number of patents and high-tech exports in the countries subject to the study. Accordingly, innovation is a highly important factor in the export of high-tech products for BRICS countries, and it is understood that innovation activities should be given importance to create high added value in these countries

Özet

Bu çalışmanın amacı, BRICS ülkelerinde inovasyonun yüksek teknoloji ihracatı üzerindeki etkisinin olup olmadığının araştırılmasıdır. Bu amaca yönelik olarak çalışmada ilgili ülkelerin AR-GE harcamaları, sahip oldukları patent sayıları ve yüksek teknoloji ihracatı arasındaki ilişkiler 1999-2018 dönemi için incelenmektedir. Panel veri tekniklerinin kullanıldığı çalışmada, öncelikle serilerde yatay kesit bağımlılığının varlığı araştırılmıştır. Yatay kesit bağımlılığının belirlenmesinin ardından, serilerde yatay kesit bağımlılığının varlığı durumunda da uygulanabilen Pesaran (2007) birim kök testi ile serilerin durağanlığı araştırılmıştır. Sonrasında ise düzeyde durağan olmadığı belirlenen serilerin farkı alınarak durağan hale getirilmiş ve değişkenler arasındaki ilişkiler panel sabit etkiler ve panel rassal etkiler yöntemleriyle analiz edilmiştir. Çalışmanın çıktılarında, çalışmaya konu olan ülkelerde, patent sayısı ve yüksek teknoloji ihracatı arasında anlamlı pozitif ilişkiye rastlanılmıştır. Buna göre inovasyonun, BRICS ülkeleri için yüksek teknolojili ürün ihracatında önemli bir faktör olduğu görülmekte, bu ülkelerde yüksek katma değer yaratmak için inovasyon faaliyetlerine önem verilmesi gerektiği anlaşılmaktadır.

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Cite This Article

DURMAZ, A., YILDIZ, Ü. (2022). THE IMPACT OF INNOVATION IN THE PROCESS OF HIGH TECHNOLOGY EXPORTS: AN ANALYSIS ON BRICS COUNTRIES. Uluslararası İktisadi ve İdari İncelemeler Dergisi, Cilt: 0 - Sayı: 28, 193–202. https://ajindex.com/articles/655493

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