Index 1. Build-Own-Operate (BOO), 343, 353 Business expenditure on R&D (BERD), 267

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1 Index 1 A Agglomeration, 367, 368, 377 Akkuyu, 340, 343, 351, 353 AK Party, 10, 18, 20, 27, 32, 40, 42, 43, 54, 64, 70, 78, 88, 97 98n26, 102, 111, 214, 217, 218, 220, 221, 359 Atoms for Peace (AFP), 341 B Banking, 5 7, 16, 52, 152, 155, 157, 158, 160, 161, , 165n2, , , , , , 224, 226, 234, 256, 266, 290, 291, 363 Branding, 309 Brazil, 24, 26, 30, 33n11, 124, 177, 300, 305, 366 Build-Own-Operate (BOO), 343, 353 Business expenditure on R&D (BERD), 267 C CAMELS, 6, Capital inflows, 6, 7, 52, 153, 155, 157, 161, 162, 164, , 207, 209, 374 China, 24, 26, 29, 30, 33n11, 130, 132, 289, , 305, 366 Closed innovation, 279 Clusters, 48, 132, 139, 140, 279, 367 Coalitions, 3, 4, 16, 59 91, 215 Comparative advantage, 30, 266, 363, 367, 371 Competitive advantage, 30, 32, 132, 279, 280, 284, 309, Note: Page numbers followed by n refer to notes. The Author(s) 2018 A. F. Aysan et al. (eds.), Turkish Economy, 411

2 412 Index Competitiveness, 8, 122, 125, 141, 157, 264, 266, 272, 276, 278, 299, 307, 312, 368, 371, 376, 380, 381 Concentration, 78, 122, 183, 208, 280, 299, , 363, 365, 368 Corruption, 15 17, 23, 24, 218, 248 Coups, 4, 17, 24, 33n4, 40, 59 91, 162, 291, 292 Credit, 7, 21, 26, 29, 44, 47, 51, 52, 153, 161, 162, 172, 173, , , 187, 188, 195, , , 216, 228, 229, , 243, 247, Crisis, 2, 5, 16 18, 21, 24, 47, 130, , 157, 158, 161, 163, 164, 173, 175, , 187, , 202, 203, 207, 215, 216, 245, 256, 264, 292, 319, 320, 363 Cross-border banking liability, 6, 173, , 182, 187, 189n1 Current account deficit, 2, 9, 10, 16, 28, 29, 131, 153, 157, 161, 162, 172, 175, 179, 187, 257, 295, 338, 352 D Deindustrialization, , 373, 374, 376, 378, 380 Demographic Trends, 103, 108, 114, 115, 145, 243, 338, 379 Development, 5, 15, 40, 102, 122, 151, 173, 194, , 247, , 289, 322, 339, 359, 389 Development based public procurement, 310 Development plan, 131, 137, 291, 293, 311, 342 Direct funding, 276, 277 Direct tax, 22, 23, 242, 247, 249 Disadvantaged group, 47, 278, 281, 282, 284, 332 Distribution of power, 121 Doing Business Index, 273 Do-it-yourself (DIY), 282 Dynamics of family businesses fear of losing control, founder-entrepreneur issues, succession, 388, , , 400, 402 trust for professionals, E Economic development, 3, 8, 10, 24, 31, 32, 45, 47, 128, 154, 155, 163, 264, 290, 359, 377 Economic liberalism, 39, 48 Economic liberalization, 363 Economic performance, 4, 31, 60 63, 83, 89, 94n3, 97n18, 239, 275, 278, 283, 374 Economic planning, 296, 371 Education, 5, 7, 16, 20, 21, 32, 50, 102, 104, 105, , 112, 113, 122, 123, , 140, 143, 144, 157, 228, 233, 241, 251, , 263, , , 278, , 290,

3 Index , 322, , , 365, , 380, 381, 391, 404 Effective number of parties, 78, 79, 82, 84 Elections, 19, 54, 59, 63, 64, 66 72, 74, 75, 77 79, 82, 84, 85, 87, 88, 95n8, 96n15, 97n24, 97n25, 98n26, 98n28, 104, 110, 181, 182, 214, 217, 218 Emerging country, 6, 152, 171, 177, 207, 266, 278, 283 Energy dependence, 9, 338 Energy supply security, 9 Entrepreneurship, 23, 24, , 272, 273, 276, 278, 283, 332, 368, 369, 385, 404 Environmental performance, 272, 275 Erbakan, Necmettin, 40, 50, 215, 293, 294 European Commission (EU), 280, 346 European Union (EU), 8, 17, 28, 55, 56, 117, 125, 180, 195, 265, , 315n1, 324, 325, 331, 357, 365 Exchange rate volatility, 178, 188, 368, 374, 376 Export sophistication, 289, , 308 Exports, 1, 8 10, 16, 17, 19, 27 29, 32, 125, , 153, 162, 163, 175, 215, 266, 273, 292, 295, 296, , 306, 309, 310, 313, , 361, , 376, 378, 379 F Factor endowments, 355, 371, 377 Factor mobility, 361 Family, 4, 10, , 112, 113, , 131, 215, 218, 227, 235, 272, 273, 324, 325, Family culture, , 400 Fatih Project, 275 Financial markets, 6, 7, 47, 51, 153, 180, 188, 209, 257 Financial openness, 5, 6, 10, Financial stability, 5, 6, , 200, 203, 206, 229 Fiscal policy, 16 23, 161, 179 Foreign direct investment (FDI), 24, 29, 30, 158, 165n1, 174, 176, 291, 368, 380 Foreign trade, 9, 129, 130, Foreign trade regime, 356, 368, 369 France, 25, 129, , 343, 360, 361, 366, 374 Full-time equivalent (FTE) R&D personnel, 267, 268 Funding, 176, 177, , 186, 187, 189, 201, 202, 206, 207, 229, 274, 276, , 283, 284, 332, 348 G General welfare, 104 Geographic proximity, 280, 284 Gini coefficient, 21, 22, 33n11, 157 Global Competitiveness index, 273, 277

4 414 Index Green productivity, 275 Gross expenditure on R&D (GERD), , 275 Growth, 15, 46, 59, 115, 123, , 171, 194, 214, 239, , 287, 320, 338, 386 H Health, 7, 16, 19 21, 95n9, 101, 102, 104, , , 115, 125, 131, 141, 157, 233, 241, 242, , 263, 276, 281, 308, 310, 381, 401 Higher education reform, 143, 144 High-income country, 144, 164, 282, 299, 300, 374, 377 High-tech export, 28, 122, 131 Housing, 102, 108, , 176, 199 Human capital, 122, 123, 125, 127, 131, 132, 137, 139, 141, 241, 254, 280, 282, 328, 331, , 350, 353, 377 I Import, 8, 16, 19, 29, 47, 51, 175, 279, 291, 292, , 338, 339, 352, 359, 361, 363, 365, 366, 368, 379 Import dependency, 292, 295, 365 Incentives, 17, 28, 29, 32, 47, 51, 94n3, 112, 131, 134, 137, 138, 226, 231, 233, 234, 273, 277, 279, 284, 291, 295, 311, 312, 333, 380 Inclusive growth, 8, Income inequality, 17, 21, 22, 32, 144, 157, 266 India, 24, 25, 30, 299, 300, 305, 340, 366 Indirect funding, 276, 277 Indirect tax, 17, 22, 23, 242, 248, 249 Industrial development, 291, 313, Industrial inclusiveness, 278, 279, 281, 284 Industrialization, 9, 10, 16, 28, 46, 50, 54, , 310, 311, 313, 356, , 368, 371, 373, 374, Industrial layer, , 313 Industrial policy, 3, 9, 15, 27 32, 278, , 361, 374, 375, 378 Industrial transformation, 380, 381 Industrial upgrade, 361, 378, 380 Industry, 17, 50, 122, 152, 176, , 213, 255, 270, 290, 343, Infrastructure, 16, 19 21, 23, 29, 31, 32, 49, 104, 109, 116, 125, 127, 128, , 220, 222, 225, 233, 263, 271, 274, 277, 291, 332, 348, 351, 352, 359, 376, 377 Innovation, 5, 8, 23, 24, 28, 122, 125, 127, 128, , 135, 137, , 153, 188, 232, , 289, 303, 310, 365, 371, 381

5 Index 415 Innovation ecosystem, 122, 123, 141 Institutions, 96n14, 109, 114, 228, 375 Intellectual Property Rights (IPR), 274 Intelligent customer, 9, 353 Intermediate goods, 309, 359, 367, , 376, 381 International Atomic Energy, 339, 348 International Monetary Fund (IMF), 18, 19, 33n5, 152, 155, 158, 165, 257, 288, 297 Internationalization, 136, 172, 279, 283 Investment, 1, 3, 7, 19 21, 23, 24, 28, 29, 31, 32, 49, 51, 52, 54, 56, 122, , 153, 157, 158, 161, 162, 164, 165, 165n1, 171, 174, 181, , 189n2, 194, 195, 198, 204, 206, 216, 219, 220, 223, 224, 227, 229, 232, 233, 240, 241, 244, 251, 252, 254, 255, 267, 268, 270, , 280, 281, , 311, 340, 352, 356, 367, 368, 376, 377, 380, 385 Investment Support and Promotion Agency (ISPAT), 270 Islamic banking, , 223, , 234 Islamic capital markets, 7, , , 235 Islamic finance, 7, , 256 Issues Related to Business Management board of directors, corporate governance, life cycle of firm, non-family members, 401, 403 ownership and management, Issues Related to Family Culture family conflicts, gender issues, nepotism, 396 role confusion, socioemotional wealth, succession and employment, J Japan, 29, 129, 130, 132, 133, 137, 139, 140, 145, 269, 300, 301, 305, 312, 340, 343, 353, 371, 374 K Knowledge-based economy, 264, 272, 273 Knowledge economy, 4, 5, L Labor market, 9 Labour market reforms, 320, Liquidity, 6, 7, 17, 163, 173, 177, 179, 180, 183, 186, 188, 189, 194, 196, , 207, 209, 216, 229, 232, 256

6 416 Index M Manufacturing, 28, 31, 32, 51, 125, 126, 131, 133, 276, , 292, 293, 295, , 304, , 310, 315n1, 351, 363, 365, 368, 371, 374, 376, 378, 379, 381 Market, 21, 42, 65, 105, 127, 151, 172, 196, , 214, , 257, 264, 292, , 352, 359, 399 Mersin, 294, 340 Mexico, 24, 33n11, 124, 174, 182, 300, 301 Middle income country, 124, 125, 127, 264, 273, 283, 379, 381 Middle-income trap, 1 11, 24, 27, 31, , 131, 144, , 278, 283, 289, 296, 306, 313, Military coup, 3, 16, 62, 78, 195, 342 Multidimensional inclusive policy, 264 MUSIAD, 3, 40, 53 56, 215 N National competence, 8, National Science, Technology and Innovation (NSTI), 8, 265, 266, , 283, 284 National Science, Technology and Innovation Strategy (NSTIS) , 131, 266, 271, Non-Proliferation, 342 Not in My Backyard (NIMBY), 350 Nuclear energy, Nuclear materials, 347 Nuclear power plant (NPP), 9, , 345, , 353 Nuclear safety, 340, Nuclear waste, 349 O Open innovation, 279, 284 Organisation for Economic Co-operation and Development (OECD), 8, 20, 21, 103, 107, 108, , 122, 123, , 140, 153, 157, 265, 269, , 282, 322, 324, 325, 330, 331, 345, 348, 380 Özal reforms, 48 P Patent Cooperation Treaty (PCT), 273 Patronage, 104, 106, 116 Performance, 3 6, 8, 24, 27 29, 31, 32, 60 63, 83, 89, 91, 94n3, 95n9, 97n18, 122, 128, 132, 133, , 173, 176, 178, 179, 193, 196, , 215, 216, 233, 239, 265, , , 280, 283, 284, 296, 297, 306, 328, 347, 356, 359, 363, 374, 386, 387, 391, 393, , Performance based funding, 277 Planning, 9, 16, 62, 131, 137, 138, 145, 218, 234, 296, 330, 340, 344, , , 388, 404 Policies, 272

7 Index 417 Populism, 48, 102, 104, 106, 110, 116 Private funding, 276 Private saving rate, , 254 Product differentiation, Productivity, 8, 29, 32, 122, 123, , 137, 143, 145, 164, 187, 256, 264, 266, 275, 281, 284, 303, 305, 307, 326, 328, 329, 368, Property rights, 15, 23, 26, 165 Public, 17 23, 44, 62, 102, 123, 164, 179, 206, 215, 243, 266, 307, 310, 311, 331, 348, 371 Public debt, 17, 18, 22, 33n4, 157, 179, 248, 250, 251 Public funding, 276, 277 Public-private-partnership (PPP), 19, 20, 126, 279 Public-University-Industry Partnership Strategy and Action Plan, 274 R R&D, see Research and Development R&D personnel, 129, , 280 Red tape, 15, 17, 23, 27 Reform, 1 3, 5, 7 9, 16, 18, 23, 24, 27, 29, 31, 43, 56, 65, 66, 69, 71, 90, 91, 96n13, 96n14, 102, 108, 109, 111, 115, 116, 122, 128, 143, 144, 164, 171, 179, 187, 195, 196, 200, 207, 230, , 273, 275, 277, 278, 289, 320, 327, 333 Region, 19, 24, 52, 53, 104, 107, 108, 129, 139, 140, 157, 172, 187, 230, 272, , 284, 295, 311, 329, 341, 350, 356, 401 Regional development, 280, 284, 293, Re-industrialization, 10, 361, 365, 368, Relative wages, 359, 361, 375 Research and Development (R&D), 17, 24, 27, 28, 30, 32, 123, , 131, 134, 140, 141, 241, , 255, 264, , , 283, 303, 307, , 314, 342, 345, , 350, 353, 359, 365, 378 Research institutions, 129, 137, 307, 348 Resource allocation, 356, 369, Rosatom, 343 Russia, 133, 137, 300, 301, 340, 343, 353, 359 S Saving behaviour, 7, Saving definition, 251 Saving rate, 239, 240, Science, Technology and Innovation (STI), 8, , 309, 314 Science, technology and innovation policies, 8, , 271, 272, , 283, 284, 289, , 314

8 418 Index Scientific and Technological Research Council of Turkey (TUBITAK), 123, 131, 134, 142, 143, 267, , 274, 309, 312, 347, 351 Scientific publications, , 272 Sector targeting, 292, 295, 296, , 313 Sinop, 340, 343, 353 Small and medium sized enterprise (SME), 46, 50 55, 270, 271, 273, 279, 310, 312, 314, 359, 385, 392, 401 Smart specialization, 280, 284 Social cohesion, 282, 284 Social expenditure, 4, 19, 20, 101, 103, , 117, 239, , 255 Social inclusiveness, 55, 278, 279, 281, 282, 284 Social policy, 3, 4, 32, , 380 Social security, 21, 26, 102, 106, 108, 111, 115, 226, 242, 243, 247, 248, 311, 326, 328 Social services, 48, 102, 104, , Social spending, 21, 102, 108 Sociology of economics, 41, 50, 141 South Korea, 29, 124, , , 145, 296, 297, 306, 340, 344, 350 Start-up, 270, 273, 274, 279, 390, 399 State, 2 5, 15 32, 40, 64, 104, , 121, 180, 194, 214, 256, 264, 291, 341, 359, 397 State Planning Organization, 46, 60, 81, 291, 311 STI, see Science, Technology and Innovation Supreme Council for Science and Technology (SCST), 131, 267 Sustainability of family and business constitution, 405 continuity and sustainability, 404 fairness, 404 strong board, 405 T Takaful, 7, , 234, 235 Tax, 17, 19, 22 24, 26, 29, 31, 47, 139, 153, 187, 222, 230, 232, 233, 242, , 251, 273, 277, 282, 311, 326, 329 Technology, 8, 10, 17, 22, 30, 31, 122, 129, 131, 134, , 143, 185, , 291, 295, 303, 305, 307, 311, 331, 341, 344, 347, , 355, 359, 361, 369, 371, 380, 381, 399 The Technology Development Foundation of Turkey (TTGV), 274 Technology development regions (TDR), 280, 284 Tenth Development Plan , 266, Terms of trade, 243, , 368, 371 Territorial inclusiveness, , 282, 284 Tertiary education expenditure, 274 Trade agreements, 368 Trade policy, 51, 155, 311, 363, 365, 371, 375, 378, 380

9 Index 419 TUBITAK National Research Infrastructure Information System (TARABIS), 270 Turkey, 1 11, 15 32, 39 56, 59 91, , , , , , , , , 280, 282, 284, , 319, , , Turkish Atomic Energy Authority (TAEK), 350 Turkish banking industry, 6, 173, , 185, Turkish capital structure, 3 Turkish family business, 10, 11, Turkish labour market, 9, Turkish National Researcher Information System (ARBIS), 270 Turkish Research Area (TARAL), 266 TUSIAD, 3, 19, 40, 53 56, University, 20, 109, 123, 127, 131, 132, , , 229, 231, , 276, 277, 303, 307, 310, 312, 313, 346, 377 V Value added, 26, 242, 275, 276, 278, , , 310, 320, 361, 362, 365, 368, 371 Voter behaviour, 87 Vulnerable employment, 275 W Welfare state, 2, 15, 44, 102, 103, , 117 World Bank, 21, 24, 113, 123, 124, 127, 128, 139, 155, 156, 159, 264, 265, 273, 288, 291, 299, 300, 322, 327, 369 World Nuclear Association (WNA), 339, 342, 349 U Underemployment, 281, 324, 325 Unemployment, 9, 21, 22, 110, 111, 162, 163, 275, , , 334n1

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