Absorbe etme kapasitesinin inovasyon kapasitesi üzerindeki etkisi

The aim of this study is to analyze the effects of countries' absorptive capacity on their innovation capacity according to their tendency to produce medium and high technology.In this context, the number of patent applications is used to represent innovation capacity. Ethics and corruption, foreign direct investment, tertiary education enrollment rate, technological literacy, university-industry research collaboration, scientific and technical publications are used to represent social and technological absorption capacity. The variables used in the data set are taken from the Competitive Industrial Index, Global Innovation Index and Global Competition Index. The study uses a special type of simultaniuos equation models which is error correction two-stage least squares model for a panel data for years 2013-2017 and 60 countries.According to the analysis' result, absorptive capacity has a significant impact on innovation capacity for both country groups. In addition, while in countries with a high value added on medium and high technology production, technological readiness has an impact on innovation capacity, ethics and corruption are more effective in the group of countries with a low rate of value added on medium and high technology manufacturing.