What effect did the Great Recession have on innovation efficiency and the effectiveness of scarce resource management? Did countries with high GDPs and GDPs per capita sustain efficient innovation? How did the recession affect the time lag between innovation development and implementation? This book presents the most comprehensive data set in current economic literature to measure and compare the effect of GDP and GDP per capita on the efficiency of fifty-eight countries' national innovation systems during the Great Recession. A total of eighteen different models are applied to different groupings of the data, including data envelopment analyses and time lag effects. The result is a rich comparative resource for policy makers and economists alike.

Systematically analyses the innovation efficiency of fifty-eight countries during the Global Financial Crisis Underlines the importance of scarce resource management for increasing the national innovation systems' efficiency Describes how to achieve a higher economic development and more inclusive growth Gives examples of best practices from different countries

Autorentext
Emine Nur Gunay is Senior Economic Adviser to the Turkish Prime Minister. She worked in the International Trade Department of Bogazici University from 1995 to 2014. She also established and served as Director of the Innovation and Competition-Based Development Studies Research Center in Bogazici University and served as an FP7 National Delegate in SocioEconomic Sciences and Humanities between 2007-2012 in the European Union.
Gozde Nur Kazazoglu is a PhD student in Istanbul Technical University's Management Department. She has served as Assistant Adviser to the Senior Economic Adviser of Turkish Prime Minister since 2014.

Klappentext
What effect did the Great Recession have on national innovation? Did countries with high GDPs and GDPs per capita sustain efficient innovation? How did the recession affect the time lag between innovation development and implementation? This book presents the most comprehensive data set in current economic literature to measure and compare the effect of GDP and GDP per capita on the efficiency of 58 countries' national innovation systems during the Great Recession. A total of 18 different models are applied to different groupings of the data, including data envelopment analyses and time lag effects. The result is a rich comparative resource for policy makers and economists alike.

Inhalt
1 Introduction.- 2 Defining Knowledge and Knowledge Based Economy.- 3 Measuring Knowledge and Innovation.- 4 National Innovation Efficiency During Global Financial Crisis Period and Afterwards.- 5 Conclusion and Policy Implementations.