International Congress on Eurasian Economies

International Conference on Eurasian Economies

9-11 September 2015 – Kazan, RUSSIA

Paper detail

Paper ID : 1385
Status : Paper published
Language : English
Topic : Growth and Development
Presenter: Dr. Burcu Sakız
Session : 5A Trade and Growth

Knowledge Economy and Turkey In Terms Of Innovation and Education
Knowledge Economy and Turkey In Terms Of Innovation and Education


Communication and information technologies have started to emerge since the 40s resulting major changes in the way business has been conducted and effected global economy. Transitions to knowledge-intensive business models become popular since late 1950s. Additionally intellectual capabilities become more important than physical inputs. Having sufficient national production and technology to create a welfare society similar to developed countries is crucial for any modern nation. One of the main developmental leverages for the globalization becomes the knowledge based economic approach. Developed by World Bank “Knowledge Assessment Methodology” is very important methodology in order to measure the progress of countries towards having a knowledge based economy. World Bank's four Knowledge Economy pillars: economic and institutional regime, education, innovation, and Information and Communication Technologies (ICTs) developed for countries to make basic assessment of countries’ readiness for the knowledge economy and help them the transition to a Knowledge Economy. In this study, knowledge economy concept and its properties are presented. Furthermore this paper introduces the analysis of knowledge economy from Turkey’s perspective especially for the role of innovation and education pillars in the development of Turkey.

JEL codes: O31, O32, O33

Sakız, Burcu, Sakız, Semih (2015). "Knowledge Economy and Turkey In Terms Of Innovation and Education" in Proceedings of International Conference of Eurasian Economies 2015, pp.95-104, Kazan, RUSSIA.


Full paper in PDF format.

Session 5A: Trade and Growth

Eurasian Economists Association Istanbul Beykent University Kazan Federal University Kyrgyz-Turkish Manas University TIKA Turkish Central Bank