BUILDING BLOCK OF INNOVATION; EDUCATION, THE EDUCATION EXPENDITURES IN EU COUNTRIES AND TURKEY

Taha Yasin Ölmeztoprak

doi:10.5281/zenodo.7443327

Authors

Taha Yasin Ölmeztoprak Adıyaman University

DOI:

https://doi.org/10.5281/zenodo.7443327

Keywords:

innovation, education, education expenditure, EU, budget

Abstract

Innovation is one of the most popular topics today both for academia and business life. Countries as well as companies are aware of the competitive advantage coming hand in hand with innovation rather than conventional trade, so it seems very important to make successful innovations. One of the basic building blocks of innovation is education, innovative human resources are in general results of successful education systems. In this research the education expenditures of EU countries and Turkey is being analyzed and compared. The relevant data is collected from international associations such as World Bank, IMF, Eurostat and from TUIK. Results of this study shows that, even there has been an increase in education expenditures, it is still below the EU averages.

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