Innovation is Essential for Exports, as Exports are Essential for Turkey

With globalization, digitalization and internet revolution, the world has moved on to another dimension. Industrial economies now have to be replaced by economies of knowledge and so on. As a result, all major economies have become a collective network economy, which are connected to each other.

 

Critical issues such as global trade wars and Brexit have brought risks to global economy and uncertainties are still on the rise.

However, Turkey has no other choice but to overcome these obstacles. The growth of Turkish economy relies on the export performance, and the strength of the export performance relies on R&D and innovation.

Turkey's increasing export performance brings along some new needs. Thanks to the Turkish government and our bureaucrats, all of these needs find a resolution in a short time period. Last month, we held the 2nd TİM Delegates Meeting with the participation of the Minister of Treasury and Finance, Dr. Berat Albayrak and the Minister of Trade, Mrs. Ruhsar Pekcan. TİM Delegates who represent our 27 exporting sectors had the chance to communicate and offer their sectoral demands directly to the authorities. The ministers reacted quickly to these demands. It is very efficient that private sector and public authorities are working in a harmonized perspective.

Thanks to Eximbank, reaching to financial resources are no longer a critical problem for our exporters. We are also looking forward to see similar applications from the private banks regarding the financing needs of exporters. It should not be forgotten that every source transferred to exports returns as employment, productivity and foreign exchange inflow to our country.

As TİM, we are open to support every project that will create an increase in our exports. Because now, it's a well-known fact that exports are standing in the heart of our economy's future. Therefore, we continue to prepare new reports and organize new projects to improve the perception among public. For this purpose, we are organizing several different activities. One of our primary events is the Innovation Week which was launched 7 years ago. It is fair to say that “Innovation Week” has risen the perception of innovation among public significantly since 2012. From that time, projects such as InovaTİM, InoSuit, and InovaLeague were established by TİM with the purpose of deepening this perception among industrialists, academicians, students and exporters.

With these in mind, we decided to redesign our flagship event, “Turkey Innovation Week” under a new name and context. In 2019, we will integrate “Knowledge Economy” into the Innovation Week, recreating it as the “Knowledge Economy and Innovation Week”. With globalization, digitalization and internet revolution, the world has moved to another dimension. Industrial economies now have to be replaced by economies of knowledge and so on. Since technology has to rely on it, information is now considered a production factor. In other words, information is considered a tangible and visible property today. As a result, all major economies have become a collective network economy, which are connected to each other.

With the Knowledge Economy and Innovation Week, which will be organized in the first week of May, we will bring together the leading actors of iscience, technology and nnovation, such as  industrialists, scientists, technology leaders, university students, entrepreneurs, angel investors, non-governmental organizations as well as R&D and science and technology centers, with the public in Istanbul. We will discuss examples ​​ of not only local but also global success stories, and bring them to the attention of Turkish public.

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