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The Determinants of R&D Expenditure in Turkish Manufacturing Industry

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  • Umut Erksan ÅžENALP

Abstract

The aim of this study is to analyze the determinants of research and development decision (R&D) of Turkish firms operating in the manufacturing industry. In this paper, we use three different firm-level datasets provided by Turkish Statistical Institute: R&D Activities Survey, Annual Industry and Service Statistics, and Annual Business Registration Framework. By merging these datasets, we obtained a panel covering the period between 2003 and 2015 and examined the effects of firm size and some firm characteristics on the R&D investment decision. We show that the increase in the size of the firm (turnover or number of employees) increases the possibility of engaging in R&D activities, regardless of how we measure the firm size.

Suggested Citation

  • Umut Erksan ÅžENALP, 2021. "The Determinants of R&D Expenditure in Turkish Manufacturing Industry," Fiscaoeconomia, Tubitak Ulakbim JournalPark (Dergipark), issue 3.
    • Handle: RePEc:fis:journl:210304
    DOI: 10.25295/fsecon.943757
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    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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