I love translating 4. Human Resources, Innovation, Technology and Patent Production
Can There be no doubt that an Essential Technology plays role in the increase of the level of Welfare. Technology
Production and use are considered as ITS Essential factors of Success Development when the levels. of countries are
measured.? <ÕOPD] ??????? ?? S?
Neo-Classical economists from Chicago University were the First to Study Human Capital in the Ends of 1950s.
According to the Theory, having the individual invests Education. in himself / herself and Therefore, Production
increases and thus much more Revenue is gained with the efficiency. (Eicher, 1979). The Studies conducted by
Shultz and Bekcer (1961, 1963) and Denison (1964 and 1993) studied the role of Human. Capital in the Relationship
of Education and Production increase. On the Other Hand, Soviet Economist Strumilin contributed to educational
discipline with similar Economy Studies conducted in Russia. (Strumilin, S. in 1962).
Today several professions and Disappear New jobs emerge. Majority of New. jobs Require Knowledge, Skills,
competencies and High VALUE added Creation. According to a Study conducted by Standard and Poors on top 500
companies in the World in 1975, 40 years ago, while 80 PERCENT of the Company Assets corresponds to Tangible
Capital, today,. 80 PERCENT of Assets of Big companies corresponding to maximal to Intellectual Property rights and qualified Human
Resources. (Yüzak, 2015, P: 15).
Thinking, investigating, questioning, conducting Innovation, producing Technology, the qualified Human
Resources have been the fundamental Resources for Development. and Welfare Improvements of countries today.
Several Studies have SUGGESTED the importance of Technology Production in Economic Development. Whether or
not Production of Technology is performed by private Sector companies, by Public or Second Capital does not affect
the Result and in short no Matter where the. Production arises from, it accelerates Economic Development (GUELLEC,
2001/2 no: 33).
A positive Relationship between Research-Development (R & D) Innovation and efficiency and Economic
Development has been established. Social efficiency of R & D is Higher than the special efficiency of. the firms. For
that REASON, R & D Investments of firms should be supported by Public sources. (GUELLEC, Age). Financing and
encouragement of R & D by Public sources in Priority is because of ITS Effect on Economic Development in the long
Run. The Studies conducted. accordingly have indicated that the capacities of countries to absorb such Technologies
and Innovations Will improve when they are open to Second Technology (importing etc.) and also could adopt New
ideas (Innovations) (OECD, 2011).
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