APPLIED ECONOMICS LETTERS, vol.29, no.17, pp.1610-1614, 2022 (SSCI)
Article / Article
APPLIED ECONOMICS LETTERS
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CDM model, Innovation, productivity, turkey
Bursa Uludag University Affiliated:
This paper presents a CDM model to investigate the relationship between innovation and productivity for Turkey as a developing country. The results suggest that innovation expenditure increases the probability of innovation, and that innovation affects productivity positively, when other relevant variables are controlled for. As well as the industry-specific concentration ratio, we also investigated the role of firm-specific determinants of innovation such as human capital, exporting, and market share in the innovation - productivity link.