The Turkish government has set the target of increasing the share of R&D investments within the overall public budget to 2%. As of 2020, this figure has already increased above 1 percent – with the expectation to reach 2 percent over the next several years.
Extensive R&D incentives in Türkiye are further supported by well-educated and highly qualified labor force, competitive cost advantages, and several global companies that are active in the market. All together these form a dynamic ecosystem in Türkiye.
Number of Researchers (thousands)
Source: OECD
Gross Domestic Spending on R&D (Billion USD, PPP)
Source: OECD
PPP: Purchasing Power Parity
Today, over 100 top global companies are taking advantage of the competitive R&D incentives and growing ecosystem in Türkiye.
GLOBAL COMPANIES WITH R&D OPERATIONS IN TÜRKİYE
