Abstract:

In the world economy, radical exchanges in the economical, social, communal and technological sense are happenning. These exchanges cause that knowledge spillovers and innovation become an exponential important in the literature of economic growth. Knowledge spillovers and innovation take place among new identifiers of growth and competitive atmosphere in the world economy. Knowledge spillovers cause that innovation happen or current innovation process accelerate also and this interaction arouse economic growth. Therefore, it is important that companies that adopt sustainable economic growth as basic aim, industries and countries focus on knowledge spillovers and innovation. The aim of this study is to explain interaction of knowledge spillovers, innovation and growth that have close relationships among each others and to assess where is Turkey in this interaction.

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