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Palgrave Macmillan

National Innovation Efficiency During the Global Crisis

A Cross-Country Analysis

  • Book
  • © 2016

Overview

Authors:
  1. Emine Nur Gunay

    1. Ankara, Turkey

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  2. Gozde Nur Kazazoglu

    1. Uskudar Istanbul, Turkey

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  • Systematically analyses the innovation efficiency of fifty-eight countries during the Global Financial Crisis
  • Underlines the importance of scarce resource management for increasing the national innovation systems’ efficiency
  • Describes how to achieve a higher economic development and more inclusive growth
  • Gives examples of best practices from different countries

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Table of contents (5 chapters)

  1. Front Matter

    Pages i-xvii
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  2. Introduction

    • Emine Nur Gunay, Gozde Nur Kazazoglu
    Pages 1-4

  3. Defining Knowledge and the Knowledge-Based Economy

    • Emine Nur Gunay, Gozde Nur Kazazoglu
    Pages 5-26

  4. Measuring Knowledge and Innovation

    • Emine Nur Gunay, Gozde Nur Kazazoglu
    Pages 27-68

  5. National Innovation Efficiency During the Global Financial Crisis Period and Afterwards

    • Emine Nur Gunay, Gozde Nur Kazazoglu
    Pages 69-164

  6. Policy Implications

    • Emine Nur Gunay, Gozde Nur Kazazoglu
    Pages 165-171

  7. Back Matter

    Pages 173-184
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Keywords

About this book

What effect did the Great Recession have on innovation efficiency and the effectiveness of scarce resource management? Did countries with high GDPs and GDPs per capita sustain efficient innovation? How did the recession affect the time lag between innovation development and implementation? This book presents the most comprehensive data set in current economic literature to measure and compare the effect of GDP and GDP per capita on the efficiency of fifty-eight countries' national innovation systems during the Great Recession. A total of eighteen different models are applied to different groupings of the data, including data envelopment analyses and time lag effects. The result is a rich comparative resource for policy makers and economists alike.

Reviews

“The authors investigate the effects of the Global Financial Crisis of 2007-2009 on the efficiency of national innovation systems and discuss policy implications of the findings. This innovative, timely, and well-written study is highly relevant for several related courses in economics and business and indispensable for graduate students, academicians and policymakers.” (Ali M. Kutan, Distinguished Research Professor of Economics and Finance, Southern Illinois University Edwardsville, USA)

“This book clearly shows countries implementing policies on national systems for efficient innovation have performed more successfully than others with their smart selection of sectors to build innovative business clusters and umbrella networks in times of crises. The authors' innovative approach broadens perspectives of policy makers intending to create a new success story in today’s world which hasn't yet found its new normal after The Global Financial Crisis of 2007-2009.” (Ahmet Faruk Aysan, Board Member of The Central Bank of the Republic of Turkey)

Authors and Affiliations

  • Ankara, Turkey

    Emine Nur Gunay

  • Uskudar Istanbul, Turkey

    Gozde Nur Kazazoglu

About the authors

Emine Nur Gunay is Senior Economic Adviser to the Turkish Prime Minister. She worked in the International Trade Department of Bogazici University from 1995 to 2014. She also established and served as Director of the Innovation and Competition-Based Development Studies Research Center in Bogazici University and served as an FP7 National Delegate in Socio–Economic Sciences and Humanities between 2007-2012 in the European Union. 


Gozde Nur Kazazoglu is a PhD student in Istanbul Technical University's Management Department. She has served as Assistant Adviser to the Senior Economic Adviser of Turkish Prime Minister since 2014. 

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