Bu RoMEO yeşil bir dergidir
2019, Cilt 9, Sayı 3, Sayfa(lar) 402-412
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DOI: 10.5961/jhes.2019.341
Human and Technological Investments within the Economic Development of Turkey: Research and Development Expenditure, and Higher Education Spending for Students and Graduates
Barış USLU
Çanakkale Onsekiz Mart University, Faculty of Education, Department of Educational Sciences, Canakkale, Turkey
Keywords: Economic development, Higher education spending, Higher education graduates, Human investment, Technological investment

The purpose of this research is to examine the relationship between economic development and human and technological investment in Turkey. While economic development was evaluated through Gross Domestic Product (GDP), technological investment matched Research and Development (R&D) investment. Human capital components were also linked to higher education (HE) spending per student and the number of higher education graduates. To examine the predictive relations between these variables, this research was designed in a correlational survey model. For 1997-2018 period, GDP and R&D investment data were accessed from TurkStat, HE spending per student data were calculated using the data of Ministry of Education and of the Council of HE, Turkey, and the number of HE graduates was gathered from the official statistics of the Council of HE, Turkey. The relationship between GDP and R&D investment, HE spending per student, and the number of HE graduates were then examined by regression analysis. The analysis showed that the amount of R&D investment was the most important predictor of GDP while HE spending per student was another significant predictor. On the other hand, although the number of HE graduates had no considerable contribution to the GDP, it generally reflected negatively on economic development. The results clearly reveal the importance of investments regarding technological production for economic development. In addition, it seems that the increase in HE spending per student, to create better opportunities for the quality development of students, is more important than the number of HE graduates for economic development. It can be also said that the initiatives to increase student registrations in HE programs which are the source of the labour force giving direction to technological production should be expanded.

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