Academic journal article Academy of Entrepreneurship Journal

Estimation of the Level of the Innovative Activity Development of the Kazakh Economy

Academic journal article Academy of Entrepreneurship Journal

Estimation of the Level of the Innovative Activity Development of the Kazakh Economy

Article excerpt

ABSTRACT

Development of scientific, technological and innovation potential of enterprises plays an important role in the economic development of the country. The main problem of innovation activities of enterprises of Kazakhstan is generally low demand for innovation in the economy of Kazakhstan, as well as its inefficient structure - excessive preponderance to side purchases of finished equipment abroad to the detriment of their own implementation of new developments. As a country with abundant natural resources, Kazakhstan is still facing challenges in transforming into a knowledge-based economy. The strategic course of Kazakhstan for industrial-innovative development provides necessary conditions for elaboration and implementation of new scientific ideas and technologies. The strategy of development of Kazakhstan till 2050 together with such documents as the Strategic Development Plan up to 2020, or the State program of Forced Industrial-Innovative Development of Kazakhstan for 2010-2014 provide regular, necessary conditions that support the development of research, technology and innovation in Kazakhstan. And advantageous geographical position, regional integration initiatives and an improving business climate are three key reasons why Kazakhstan is emerging as an attractive investment destination. The article analyses the national innovations systems, the institutional framework of innovation policy and the state of science, technology and innovation (STI) in the Republic of Kazakhstan.

Kazakhstan's economy has expanded rapidly over the last decade, posting one of the fastest paces of growth in the region. Kazakhstan is becoming a critical part of the emerging "New Silk road" that connects the East with Europe, Turkey and the Middle East. The article deals with the questions of increasing innovative activity of enterprises of Kazakhstan in the condition of globalization evaluated and determined retaining facts by enterprise innovative activity, recommendations to promote and improve the innovative activity of industrial enterprises.

Keywords: Innovation, Innovative activity, Innovation potential, innovation policy, industrial-innovative development program, technology, economic growth, national innovation system, sustainable development

INTRODUCTION

An innovation directly depends on the country's level of involvement in the global market and global competition (the economy in general, regions, industries, organizations and businesses). Inability to fit within the tight budget constraints and global trends, adapt to the requirements of their potential, including price, market is a major challenge for economic players, the answer to which cannot be reduced to a linear increase of funding.

Kazakhstan's economy has expanded rapidly over the last decade, posting one of the fastest paces of growth in the region. Kazakhstan is becoming a critical part of the emerging "New Silk road" that connects the East with Europe, Turkey and the Middle East. The paper analyses the national innovations systems, the institutional framework of innovation policy and the state of science, technology and innovation (STI) in the Republic of Kazakhstan. As a country with abundant natural resources, Kazakhstan is still facing challenges in transforming into a knowledge-based economy. The strategic course of Kazakhstan for industrial-innovative development provides necessary conditions for elaboration and implementation of new scientific ideas and technologies. The strategy of development of Kazakhstan till 2050 together with such documents as the Strategic Development Plan up to 2020, or the State program of Forced Industrial-Innovative Development of Kazakhstan for 2010-2014 provide regular, necessary conditions that support the development of research, technology and innovation in Kazakhstan. And advantageous geographical position, regional integration initiatives and an improving business climate are three key reasons why Kazakhstan is emerging as an attractive investment destination. …

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