Category Archive R&D

ByOguz Elci

Attributes of the indispensable project manager

Ideas to help you become more successful

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ByOguz Elci

Innovative Product

Turkey needs to produce new and innovative products which are not priced by the competition mechanisms in the market. Thus she may keep herself away the middle income trap. New and innovative product development activities are granted by the public. It is because of these incentives that the ratio of R&D expenses over GDP raised from 0,88 in 2015 to 0,94 in 2016. Yet as a result of these attempts the kg price of exported goods of Turkey increased only a little bit from 1,27$ in 2016 to 1,28$ in 2017 for the first time after 4 years. This value is 3-4$/kg in the countries like South Korea and Germany. It is obvious that we have a long way to cover.

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