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Analysis of Innovation Activity in the Industrial Market of Kazakhstan

https://doi.org/10.47703/ejebs.v2i64.87

Abstract

The growth of innovative potential is becoming the main driver of the competitiveness of the national economy. It is obvious that economic growth can be achieved only through the development of industrial and innovative achievements, the introduction of new technologies, and the use of modern computer technologies in production.

Unfortunately, in Kazakhstan, the development of innovations is not sufficiently developed now. We see a small number of innovative developments, a small number of patents. Science is not related to business. All this confirms the fact that it is necessary to develop innovative potential in Kazakhstan, stimulate the demand and supply of innovations.

Obviously, innovation is a key driver for the development of any enterprise. Only a wide assortment and high quality cannot ensure competitiveness; it is necessary to introduce innovations and new technologies. At the same time, innovative activity should be permanent and not be a one-time event.

It is necessary to analyze the innovation market by conducting regression analysis. Regression analysis is a method of modeling measured data and examining its properties.

To analyze the influence of the main indicators of innovative activity, 7 variables were selected, the data were considered in the context of 14 regions and two cities: Nur-Sultan (Astana) and Almaty.

 

About the Authors

Aizhana Maldynova
Kenzhegali Sagadiev University of International Business, Almaty
Kazakhstan


Maira Davletova
Turan University, Almaty
Kazakhstan


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Review

For citations:


Maldynova A., Davletova M. Analysis of Innovation Activity in the Industrial Market of Kazakhstan. Eurasian Journal of Economic and Business Studies. 2022;64(2):66-83. https://doi.org/10.47703/ejebs.v2i64.87

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ISSN 2789-8253 (Print)
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