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The Impact of the Process of Financial Development on R&D Expenditures: Was Schumpeter Right?

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dc.contributor.author Akinci, Gonul Yuce
dc.contributor.author Akinci, Merter
dc.contributor.author Yilmaz, Omer
dc.date.accessioned 2022-08-19T11:08:57Z
dc.date.available 2022-08-19T11:08:57Z
dc.date.issued 2014
dc.identifier.uri https://www.hmb.gov.tr/maliye-dergisi-sayi-166-ocak-haziran-2014
dc.identifier.uri http://earsiv.odu.edu.tr:8080/xmlui/handle/11489/2895
dc.description.abstract The purpose of this study is to investigate the effects of financial development on R&D expenditures in OECD member countries by employing panel data analysis. The results of the panel data analysis show that financial deepening does not have any significant effects on the use of intellectual property payments and the articles published in scientific and technical journal. Besides, the findings reveal that the process of financial development accelerates the level of high technology-based export, R&D expenditures, employment in R&D industries and patent applications. As a whole, it can be said that the Schumpeterian hypothesis which suggests the positive impact of financial development on technology is valid. en_US
dc.language.iso tur en_US
dc.publisher MALIYE BAKANLIGIMALIYE BAKANLIGI, ANKARA 00000, TURKEY en_US
dc.rights info:eu-repo/semantics/openAccess en_US
dc.subject Financial Development; Technology; Panel Data Analysis en_US
dc.title The Impact of the Process of Financial Development on R&D Expenditures: Was Schumpeter Right? en_US
dc.type article en_US
dc.relation.journal MALIYE DERGISI en_US
dc.contributor.department Ordu Üniversitesi en_US
dc.contributor.authorID 0000-0002-5449-0207 en_US
dc.contributor.authorID 0000-0002-5900-7114 en_US
dc.identifier.volume 166 en_US
dc.identifier.startpage 56 en_US
dc.identifier.endpage 74 en_US


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