THE MEASUREMENT OF INNOVATION PERFORMANCE IN OECD COUNTRIES

Due to globalization, technological advances, and the increase in the dissemination of knowledge exacerbated the national and corporate competitive potential. In this period where economic growth, efficiency, and productivity gained vital importance, innovation was accepted as the key concept. The present study aimed to measure the innovation performance of the Organization for Economic Cooperation and Development (OECD) member countries with Data Envelopment Analysis (DEA). Thus, variables included in the innovation input and output indices in the Global Innovation Index (GII) were employed for OECD countries. The analysis findings demonstrated that the top 3 nations with the highest efficiency score were Switzerland, the United Kingdom (UK), and the United States of America (USA), respectively, and the top 3 countries with the lowest efficiency score were Colombia, Mexico, and Chile, respectively.

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