Three keys of development: Knowledge, efficiency and innovative entrepreneurship

Authors

Irfan Kalayci
Inonu University
Ali Soylu
Cameron University
Baris Aytekin
Kirklareli University

Synopsis

The change in the structure and composition of production factors have always been occurred in the world production history. The competition between sectors and also within each sub-sector that comprise them continues. In this sense, competition has always fed change, transformation and progress. The process phenomenon is the change and transformation movements that occur in the production processes that economies focus on. In this respect, the classification steps emphasize this development. In this study, we discuss economic groups (resource-oriented, productivity-oriented, and innovation-oriented) in terms of drivers of economic development (knowledge, efficiency, innovative entrepreneurship, and productivity). The 3rd Industrial Revolution starting in 1990s has given more momentum to the structural transformation necessary and valid in industry and industrialization. In order to understand and even make sense of the structural transformation policies consisting of entrepreneurship, innovativeness and productivity triangle, we also discuss a conceptual-theoretical and historical framework related to industrialization as the key to development.

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Published

January 1, 2021

How to Cite

Kalayci, I., Soylu, A., & Aytekin, B. (2021). Three keys of development: Knowledge, efficiency and innovative entrepreneurship. In M. Yazeed, I. D. Bernardo, I. Sapaloglu, M. H. Atasoy, M. A. Ali, M. M. Sher, S.-Y. Toh, F. Santarsiero, Y. Mu, B. Parlak, K. Arun, M. L. Nasrin, A. S. Cetinkaya, E. Toros, A. S. Cetinkaya, P. S. Chan, I. Akkoc, F. Muna, V. C. Verma, … S. Benanti (Eds.), Advances in Global Services and Retail Management: Volume 2. SPB University Press. https://books.domainpress.org/index.php/spbup/catalog/book/30/chapter/183