Technology entrepreneurship and access to financial resources in Turkey

Abstract

Technology entrepreneurship plays a dominant role in the economy and development of the country, especially in this period of increasing competition and globalization. Related developments contribute significantly to the country’s welfare and development level traditional commercial and craft habits have been transformed through technological advances. Developing countries attach importance to strong technology-based sectors to sustain growth and create employment for young people. For this reason, country ministers determine technology entrepreneurship as the primary target and strategy. Turkey, with 754 billion dollars, is the world’s 19th largest economy by GDP. Currently, the state of technological entrepreneurship in Turkey comprises 60% of the country’s economy (as created by the private sector) and will be examined within our study. In addition, whether this entrepreneurship has access to sufficient financial resources and the changes and innovations made in this field within other countries will also be compared.