Research Information System
International Conference on Education and Social Sciences (INTCESS), İstanbul, Turkey, 3 - 05 February 2014, pp.163-168, (Full Text)
Innovation, which is a key concept for capitalist system, was defined by many researchers in many different ways. For many researchers it means new methods of production, new ways of marketing, new markets or new products. Sure term innovation includes something "new" but it is not as simple as it. Innovation can be defined as the way of continuation of capitalist system. New products mean monopoly power, high rates of profit. High rates of profit must guarantee R and D so to go on as a monopolist. Social policy has two effects on innovation. First social policy in a wide range definition-including all policies related to education or health-ensures skilled and healthy labor force which innovates, and an economy with effective demand which absorbs supply of new products. In countries-especially European Countries- which have widespread social policies the innovative capacity is higher than the other countries.