The Independent Industrialists and Businessmen's Association (MÜSİAD) reported that the information technologies sector with its high value-added goods is the path to save Turkey from the middle income trap, raising it to the league of top 10 economies, however, the lack of qualified labor force, bureaucracy and insufficient capital block the development of the sector.
Speaking at a press meeting organized by MÜSİAD's Information Technologies Sector Council head İhsan Taşer said the primary purpose of the council is first to understand the new world shaped by digital transformation along with new business models and new sectors, followed by adapting this evolution into the Turkish economy such that the overall welfare of the society rises. Prefacing that most of the biggest global trademarks include the firms in this sector, Taşer said that the necessities of the new digital economic model cannot yet be understood in Turkey. Accordingly, one of the major problems of the sector is that it lacks the necessary qualified labor force, which requires the redesigning of the education system.
Taşer also stressed the role of the public sector to take on the leadership for the growth of the sector, saying the state's IT vision based on innovation should be developed and spread into the private sector while the incentives and venture capital provided to investors should be operationalized. Moreover, among the important duties of the state, Taşer said the total spending allocated for the research and development should be increased above 3 percent of the total yearly gross domestic product (GDP). In his concluding remarks, he reiterated all of these require a strong implementation of infrastructural reforms.
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