High technology export and high technology export impact on growth



How to Cite

Meral, Y. (2019). High technology export and high technology export impact on growth. Bussecon Review of Finance & Banking (2687-2501), 1(1), 26-31. https://doi.org/10.36096/brfb.v1i1.109


The term high-tech, covering the high-tech industry and the information-intensive service sector, is based on advanced scientific and technological expertise that requires science, technology, and innovation (STI), and is based on Research & Development expenditure. Sectoral, product and patent approach is used for classification by OECD and the European Union. Literature review on high-tech show that countries focusing on Research and Development Expenditures and new patents have succeeded in increasing their high-tech exports as well. Turkey is one of the countries where the levels of high-tech export are not at the desired levels yet therefore the government must give incentives for Research and Development expenditures and new patents for innovation, as high-tech export affects GDP growth positively.



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