The Impact of R&D On Innivation and Economic Growth in OECD Countries

Date

2020-12-31

Author

Demir, Muhammed Furkan
Hece, Yasemin
Güner, Gizem Nazlıcan

Metadata

Show full item record

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Item Usage Stats

48
views

6
downloads

Cite This

The aim of this paper is to study the impact of research and development on innovation in 23 OECD countries by examining how innovation outputs vary among countries over the period 2007-2016. In order to examine the relation we use R&D expenditure as percentage of GDP as the main measure for R&D in a country and apply Spearman Rank Correlation to see how it is related to innovation outcomes such as number of articles published in science and engineering, number of patent applications by residents, number of start-ups in mobile apps and software, and high technology exports. We find that there exists a positive, statistically significant relation between innovation variables and R&D expenditure (as % of GDP) in selected countries. OECD countries that have higher R&D expenditure (as% of GDP) tend to have higher number of scientific publications, higher number of patent applications, higher number of start-ups in mobile technologies and higher volume of high technology exports.

Subject Keywords

Research and Development, Innovation, Patent, High Technology Export, Araştırma ve Geliştirme, İnovasyon, Patent, Yüksek Teknoloji İhracatı

URI

https://dergipark.org.tr/tr/pub/toplumsalbilimler/issue/59324/851253
https://hdl.handle.net/11511/114168

Collections

Department of Educational Sciences, Article