The Impact of Services Sub-Sectors on the Innovation Performance of Eastern European Countries

Özcan Karahan; Musa Bay

Article Details

The Impact of Services Sub-Sectors on the Innovation Performance of Eastern European Countries

Authors:

Özcan Karahan | Musa Bay

Publisher:

KnE Social Sciences

Journal:

KnE Social Sciences Vol.5 Issue 9, pp.190-201

Document Type:

Article

Publication Date:

11/2021

Document Language:

English

Document ID (Org No.):

2001518883

pISSN:

2518-668X

Keywords:

Abstract:

 Many studies have shown that the services sector has grown rapidly recently and has contributed positively to the current productivity and growth rates in today’s economies. However, these findings are insufficient to explain the contributions of services sector developments to the dynamics of the economy. Firstly, it would be more appropriate to associate developments in the services sector with the increase in innovation activities, which is an important feature of the economy, instead of associating them with current productivity and growth rates. Secondly, instead of considering the developments in the services sector as a whole, it would be a more accurate approach to divide them into subgroups and examine their effects on the economy. Accordingly, we aimed to examine the effects of services sub-sectors on the innovation performance of 13 Eastern European countries using panel data analysis for the period of 2000-2017. Our empirical findings revealed that the impact of services sub-sectors on the innovation performance of Eastern European countries varies. Only the knowledge-intensive business services (KIBS) sub-sector has contributed to the innovation performance of the Eastern European area. Thus, these empirical results indicated important implications for innovation-oriented economic growth policies based on the promotion of the KIBS sub-sector in Eastern European countries.

Article Details

The Impact of Services Sub-Sectors on the Innovation Performance of Eastern European Countries

Authors:

Özcan Karahan | Musa Bay

Publisher:

KnE Social Sciences

Journal:

KnE Social Sciences Vol.5 Issue 9, pp.190-201

Document Type:

Article

Publication Date:

11/2021

Document Language:

English

Document ID (Org No.):

2001518883

pISSN:

2518-668X

services sectors

knowledge-intensive business services

innovation

Eastern European countries.

Issues

Article Details

The Impact of Services Sub-Sectors on the Innovation Performance of Eastern European Countries

Authors: Özcan Karahan | Musa Bay

Publisher: KnE Social Sciences

Journal: KnE Social Sciences Vol.5 Issue 9, pp.190-201

Document Type: Article

Publication Date: 11/2021

Document Language: English

Document ID (Org No.): 2001518883

pISSN: 2518-668X

services sectors

knowledge-intensive business services

innovation

Eastern European countries.

Issues

Authors:

Özcan Karahan | Musa Bay

Publisher:

KnE Social Sciences

Journal:

KnE Social Sciences Vol.5 Issue 9, pp.190-201

Document Type:

Article

Publication Date:

11/2021

Document Language:

English

Document ID (Org No.):

2001518883

pISSN:

2518-668X