Managing research and development process in conditions of economic growth of Kazakhstan: Methods and analysis
Kireyeva A. Kangalakova D. Kredina A. Satpayeva Z. Urdabayev M.
2021LLC CPC Business Perspectives
Problems and Perspectives in Management
2021#19Issue 3185 - 196 pp.
This study aims to assess the relationship between R&D and economic growth in terms of their ability to understand R&D management. In the paper, the algorithm of actions was used, which allows ensuring interconnection, sequence of work, validity of the choice of the methods used, and defining key factors over a long period. The following methods of the empirical study were used: Analysis of the provision of level development; regional analysis of the data; correlation analysis. Based on correlation analysis the impact of economic growth on R&D was investigated, which is expressed by such variables as the number of organizations engaged in R&D, internal expenditures in R&D, expenditures for technological innovations, number of employees in R&D. The data were obtained from the World Bank, the Eurasian Economic Union, and the statistical yearbook of Kazakhstan for 2009-2019. The results obtained show that all determinants correlate not only with the GDP but with each other as well. According to the findings, viewing the GDP level, there is a positive and negative correlation link between such two factors as the number of research organizations and R&D technological innovations. These coefficients of correlation between GDP and independent factors selected for the analysis are significant, i.e. they can significantly affect the value of the GDP. The obtained results are useful in formulating the R&D development management strategy.
Economic growth , Innovation , Kazakhstan , Management issues , New technology , Research and development
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Department of Information and Implementation of Research Results, Institute of Economics CS MES RK, Kazakhstan
Department of Economic Theory and Institutional Research, Institute of economics CS MES RK, Kazakhstan
Finance and Accounting Department, University of International Business, Kazakhstan
Department of Regional Economy and Innovative Development, Institute of economics CS MES RK, Kazakhstan
Economics Department, Al-Farabi Kazakh National University, Kazakhstan
Department of Information and Implementation of Research Results
Department of Economic Theory and Institutional Research
Finance and Accounting Department
Department of Regional Economy and Innovative Development
Economics Department
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