Türkiye Can Leverage the Power of Innovation, Artificial Intelligence, and Fintech to Enhance Productivity

The aim of this study is to reveal what Türkiye should do to increase its economic and social productivity according to the GII, fintech index, and AI index analyses. Based on the total scores of the GII, fintech, and AI indices were analyzed with K-Means clustering algorithm and linear projection m...

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Bibliographic Details
Main Author: Eyüp Akçetin
Format: Article
Language:English
Published: Akademik Bilişim Araştırmaları Derneği 2023-11-01
Series:Online Academic Journal of Information Technology
Subjects:
Online Access:https://dergipark.org.tr/tr/download/article-file/3368114
Description
Summary:The aim of this study is to reveal what Türkiye should do to increase its economic and social productivity according to the GII, fintech index, and AI index analyses. Based on the total scores of the GII, fintech, and AI indices were analyzed with K-Means clustering algorithm and linear projection methods. Türkiye needs to make a breakthrough in areas such as fintech and artificial intelligence, which are at the beginning of the digital age. In particular, it needs to focus on innovation and imitation, which can be combined into a new term, "imovation." Türkiye needs to increase its production of innovative products on a global scale. Focusing on and improving its competencies in this field is critical for economic and social productivity. Unlike previous studies, this study has been analyzed by selecting 51 countries that include all three of the Global Innovation, Fintech and AI indices. Based on these indices, Türkiye has been compared with other countries and what Türkiye needs to do for economic and social productivity has been revealed.
ISSN:1309-1581