Medium and High-Tech Enterprises of Kazakhstan: Factors of Organization and Development of Innovation
Kurmanov N. Zhagalbayev B. Feng W. Seitzhanov S. Rakhimbekova A. Aliyev U.
2022Economic Laboratory for Transition Research
Montenegrin Journal of Economics
2022#18Issue 37 - 22 pp.
The research of innovation activity of enterprises is found at the nexus of management, economics, public administration, psychology, sociology, and technical sciences. That is because the involvement of people in this process implies a comprehensive assessment of interdependent factors operating at the level of states, industries, regions, enterprises, social groups, and individuals. In the following paper we study the influence of various factors on organization and development of innovation activities at medium and high-tech enterprises of the manufacturing industry of Kazakhstan. The purpose of this study is to analyze the factors affecting the organization and development of innovation at medium and high-tech enterprises in Kazakhstan. Based on correlation and regression analysis we study the following factors: economic development; availability of human capital; quality of the investment environment; features of the economic structure; quality of human capital; innovative development of manufacturing enterprises; scientific potential; quality of the legal environment; availability of financing; state support. We conclude that econometric modeling of innovation at enterprises in Kazakhstan is never a simple task. The study reveals that labor productivity positively affects innovation and competitiveness of enterprises, and that a human capital turns out to be a more important factor of innovation activity of enterprises in Kazakhstan than research and development costs due to their inefficiency.
correlation and regression analysis , innovation in Kazakhstan , manufacturing industry , medium and high-tech enterprises , Organization of innovation activity
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L.N. Gumilyov Eurasian National University, Nur-Sultan, Kazakhstan
The College of Economy & Management, Northwest Agricultural & Forestry University, Yangling, Shaanxi, China
Kazakh University of Economics, Finance and International Trade, Nur-Sultan, Kazakhstan
Center for Scientific Strategic Research, Nur-Sultan, Kazakhstan
L.N. Gumilyov Eurasian National University
The College of Economy & Management
Kazakh University of Economics
Center for Scientific Strategic Research
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