Importance of innovation strategy in companies and analysis of innovation capacity of Türkiye

Nowadays, organizations have to change and make innovations in order to survive in a competitive, ever changing situations for achieving their goals.The technological capability, or know ? how which may be defined and generation of the knowledge its utilization and propagation capability, has become a dominant factor for the global competitiveness and economic growth.The name of innovation has frequently been heard lately. It has become the most important weapon for the organizations in a competitive market medium. Innovation that may be called ?profit ? making ? move? is crucial not only for the organizations but also for the future of those nations. In a world of globalization and in a world transforming into a global village, the innovation should be a permanent strategy in all departments of the organizations.In this study, starting from the definition of the technology to the process of accumulating the knowledge and technology is discussed. The concept of the innovation and how a strategy of innovation can be devised for an organization are explained. Afterwards; the table of innovation of Turkey, innovation parameters, governmental funds for innovation are discussed.Keywords: I Research and Development, Knowledge, Inovation, Technology.