Abstract
“Ease of doing business” is a process that has priority in countries’ policy agenda because of its key role in generating employment, attracting investment, reaching sources and sustainable growth. Countries implement policies to make business environment friendly for creating competition, advantage and realising their strategic targets. Various indexes that measure the ease of doing business environment are created in terms of directing countries towards areas that have room for improvement. The World Bank measures whether laws and regulations that organize the business environment are facilitative according to firms’ perception by enterprise surveys, and place the obtained survey data into a quantitative device where countries can be compared. In this paper, the doing business environment of Turkey is compared with some key emerging economies such as India (2014), (years indicate publishing of the data), China (2012), the Russian Federation (2012), Poland (2013), Mexico (2010) and Brazil (2009) by using The World Bank enterprise survey data (2013). Besides, in this paper, a semi-structured interview was conducted with ten innovative firms which are open to international trade. The results obtained from the interviews are compared with the data in the most recent version of the World Bank enterprise survey (2019). According to these results, the biggest obstacle to the growth of firms is difficulties in accessing finance, caused by fluctuations in financial markets and increasing uncertainties. As complementary information, we find that the participants interviewed have experienced difficulties regarding intellectual property rights, claim cases and finding qualified staff. There have been improvements regarding logistics and the control of corruption.
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Acknowledgement
This article is derived from Dilek Yomralioglu’s master’s thesis entitled as “Business Environment Perception of Firms in Turkey: Problems and Solution Proposals” submitted to Social Sciences Institute of Istanbul Medipol University in 2019.
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Yomralıoğlu, D., Çırpan, H. (2021). Business Environment Perception of Innovative Firms in Turkey: Problems and Suggestions for Financial Improvement. In: Dinçer, H., Yüksel, S. (eds) Financial Strategies in Competitive Markets. Contributions to Finance and Accounting. Springer, Cham. https://doi.org/10.1007/978-3-030-68612-3_21
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