International Congress on Afro-Eurasian Research IV(Macaristan), Budapest, Macaristan, 27 - 29 Nisan 2018, ss.23, (Özet Bildiri)
has been interpreted as a 'golden age' for capitalism in the international arena. The 'developmental state' approach, which was first introduced through Japan, is different from the 'regulatory state' concept for the US in the same period. It is an approach that adopts the use of the technology element in relation to the political economy by aiming at continuous growth instead of developing the political economy with minimal risk by providing the control of the market as it is in the regulatory state model. The developing state is preparing a global competition by changing its industrial infrastructure within these targets by setting social and economic targets for itself. In addition, innovation is the most essential element that governments must use as tools for growth purposes. Infrastructure developed with innovative thinking also greatly influences the growth figures, which can be seen as the best example of the growth figures recorded in Asia. Turkey is needed to spend more capital and labor on their industrial model developed by innovative thinking to achieve the growth figures recorded in Asian countries. The purpose of this comparative study is to interpret China and Turkey as a 'developmental state' model and to explain how much 'innovation' affects the growth rate by analyzing that.