Turkey’s Struggle to Achieve High-Income Status Through Adaptation to the Knowledge Economy

  • Halil Kürşad Aslan
  • Murat Aslan
Chapter

Abstract

Mid-income countries must restructure their economies fundamentally to reach high-income levels. This restructuring process requires the most effective use of national resources, particularly higher education and national innovation institutions, among others. Only a handful of countries can achieve the requirements of economies of scale regarding the allocation of scarce funds to research and development (R&D) as is done by giant corporations, which channel billions of dollars to R&D; thus, within this competitive environment developing nations must concentrate on certain sectors. This study takes a political-economy approach to analyzing Turkey’s development policies with a special focus on its higher education institutions and national innovation system. Additionally, it aims to elaborate on its chances to escape the middle-income trap when making necessary reforms to reach higher rungs on the knowledge economy ladder.

Keywords

Middle-income trap Higher education reform Research institutions Innovation 

JEL Codes

F63 H52 I23 I25 

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Halil Kürşad Aslan
    • 1
  • Murat Aslan
    • 2
  1. 1.Istabul Medipol UniversityIstanbulTurkey
  2. 2.Yıldırım Beyazıt UniversityAnkaraTurkey

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