Investigating the Mediating Role of Innovation between Entrepreneurship and Regional Economic Development


Demirdağ İ.

Journal of Entrepreneurship and Innovation Management-JEIM , cilt.7, sa.2, ss.1-32, 2018 (Hakemli Dergi)

Özet

Purpose: This study aims to show how innovation plays as a mediator in the link between entrepreneurship and economic development level. Methodology: Using data of 26 NUTS II regions of Turkey and mediation analysis technique, the study has examined the associations among the variables for four periods: 1995, 2000, 2005, and 2010. Findings: The results, supporting the mainstream arguments in the literature and the main hypothesis, illustrate that the interaction between entrepreneurship and innovation has a positive and significant effect on the level of regional economic development. Practical Implications: The results of this paper provide ample evidence indicating that entrepreneurship has a crucial impact on the economic development level of NUTS-II regions of Turkey through the innovation. Originality: By providing empirical evidence, this study shows that the interaction between entrepreneurship and innovation has play a critical role in determining the level of economic development of the regions in Turkey.