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Eurasian Journal of Economic and Business Studies

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Vol 66, No 4 (2022)
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5–18 11
Abstract

In rural areas of Kazakhstan, there is a steady decline in the population due first to natural decline, migration outflow associated with a low quality of life, and access to resources, including the Internet. Rural women have similar spiritual values, social experience and lifestyles as urban women. This paper discusses an essential part of the problems associated with limited access to resources, namely digital resources and the Internet. The study was conducted based on structural and functional approaches using a wide range of analysis and evaluation methods. To answer the research questions, female respondents from all regions of Kazakhstan were interviewed. As a result, it got answers from 265 women with different levels of wealth and education. The survey was conducted between September 10 and October 10, 2022, as part of the research on the grant project on rural women's access to resources. Linear regression with categorical predictors will determine the main factors' influence on online shoppers' behaviour. In this paper, the influence of various factors of the respondents of women in Kazakhstan on the change in the number of purchases after the COVID-19 pandemic was investigated. The work used data from a sociological survey conducted on the territory of Kazakhstan among women. The results show that factors such as Internet literacy, family status, working from home, the amount of time to buy online and using recommendations in social networks significantly impact online purchases.

19-31 23
Abstract

The main objectives of the economic security of the country is to create competitive industries to meet the needs of the population and replace imports of socially essential goods. Kazakhstan's consumer market still retains a high share of imported products, so for the sustainable development of Kazakhstan, it is necessary to form and activate potential economic growth points, primarily in the agricultural and industrial sectors. The purpose is to study the current state of the agricultural industry of the Republic of Kazakhstan and to identify trends in its development. The methods include the systematization of information from the analyzed literature sources: analysis, synthesis, structuring, and traditional ways of economic analysis, such as comparison and details. The method of analysis allows us to study various aspects of agricultural production. Systematization of the data obtained in the course of the study is carried out on the basis of the method of tables. The graphic method is used to visualize the initial data, as well as the results obtained, and their interpretation. Results – the state of the agricultural industry in the Republic of Kazakhstan was analyzed; a comparison of indicators of agricultural production output of the Commonwealth countries was carried out; key areas affecting the increase in the gross domestic product of the country by increasing the production of agricultural products were identified. It is recommended to build a model for assessing the state of problems to improve the level of development of the agro-industrial complex.

 
32-42 18
Abstract

Students in Indonesia who aspire to become entrepreneurs must understand the importance of their intellectual capital. Entrepreneurship education is usually carried out through the transfer of knowledge and business skills from outside the students (outside-in). Meanwhile, to build an entrepreneurial spirit in students, virtues (inside-out) stimulants are needed, which reflect wisdom, knowledge, and fortitude to encourage the development of students' intellectual capital. Thus, entrepreneurship development is an effort that synergises these two aspects simultaneously to become the strength of students' intellectual capital. Studies conducted on students at several universities in the province of West Nusa Tenggara, Indonesia, show that wisdom, knowledge, and fortitude effectively build students' intellectual capital. The internal environment of economic and business education, as a place for learning and practical work, is perceived as a workplace spirituality capable of accelerating the role of virtues in building students' intellectual capital. Workplace spirituality shows an academic atmosphere that reflects the meaningfulness of strengthening virtues stimulants in developing students' intellectual capital as prospective entrepreneurs, in being creative, and in generating new and different ideas. Developing intellectual capital does not mean mastery of competence and material resources becomes less critical. All must be designed synergistically to improve the quality and effectiveness of Indonesian student entrepreneurship.

 
43-54 28
Abstract

The article reveals the essence of health capital based on a review and theoretical analysis of scientific works of scientists on this topic. Based on the analysis of its development factors, negative trends in life expectancy and mortality caused by the pandemic were identified in Kazakhstan. The article also presents the results of quantitative studies conducted by interviewing patients, as well as an expert survey. These studies have identified existing problems in health care and made recommendations to address them. The pandemic and its consequences have seriously affected both the country’s economy and the quality of health capital in Kazakhstan. Along with other social and economic factors, the pandemic has led to a decrease in life expectancy and an increase in mortality in the country.  Studies have found that not all patients receiving treatment in medical institutions of Kazakhstan are satisfied with the quality of medical services received. The poor quality of health services not only exacerbates the diseases of patients, but also leads to significant economic costs for health care and society as a whole. The quality of medical services will be improved by increasing financing for healthcare, digitalization and the introduction of artificial intelligence in the industry, improving the skills of doctors and their salaries, using modern medical equipment, staffing medical personnel, timely prevention and promotion of a healthy lifestyle. The identified negative trends in the development of health capital in Kazakhstan point to the objective need to increase health spending, which are profitable investments that contribute to both increasing the productivity of workers and improving the health of the individual. To improve the quality of health capital, it is necessary to move from the concept of improving health care to the concept of monitoring, premature prevention and strengthening public health.

 
55-65 21
Abstract

The practical implementation of high-tech projects is becoming essential and relevant throughout the world in the era of the digitalisation of various industries. The successful completion of high-tech projects will indeed support the development of domestic markets and the economy's competitiveness. It should be noted that high-tech projects involve breakthrough technologies and innovations, which, in turn, need effective management. This research aims to assess the relationship between the project management application processes and the effectiveness of projects in the industrial sector of countries such as Japan, Israel and Kazakhstan. The main focus of this paper is analysing high-tech project management in the engineering, green production, chemical and atomic sectors of these three countries. As a result, Japan is ahead of Israel and Kazakhstan. This research also contains an assessment of the maturity levels of project management of the chosen countries. The study used a systematic literature review, comparative analysis, quantitative data collection methods through interviews, statistical analysis and modelling. As a result, data were obtained on the project performance level in the selected countries, and approaches to managing high-tech projects in the industrial sector were proposed. A process methodology that may be implemented as a map for each set of projects has been created by assessing necessary success steps for high-tech projects. The study also recommends the number of instruments and techniques for Kazakhstan's high-tech project management. According to the findings of the statistical study, their application in the management of high-tech development will help the project be successfully completed.

 
66-75 27
Abstract

The possibilities of human intelligence are endless. In recent years, in Economic Research, much attention has been paid to human capital, human resources, a new technological era, a new socio-economic structure, rapid development, the main driving force of which is man and his knowledge. In developed countries, it sets itself the goal of achieving economic efficiency, focusing on the problems of education, intelligence, intellectual potential of the population. Many invest in the development of the nation's mind from an economic point of view, in itself the intellectual potential of human capital, the resources spent are returned by new discoveries in Science, new technologies in industry and the growth of the country's GDP. Unlike other developed countries, Kazakhstan does not have full intellectual potential. The intelligence of human capital does not use its full potential for the development of the country's economy. Therefore, in recent years, attention has been paid to the intellectual potential of the nation and the intellectual potential in the regions, the intellectual potential among young people. There is no consistency and scientific validity in the effective use and management of intellectual resources of the state and regions. That is why the study of the issue raised is relevant. The purpose of the study is to discuss the level of intellectual potential and propose mechanisms for eliminating inequality in the regions. In the course of the study, methods of deduction, induction, synthesis, analysis, integrated index assessment and ranking were used. The practical significance of the research results is explained by the fact that the mechanisms of intellectual potential can be used by public administration bodies, and the scientific significance can be a continuation of the topics of research of intellectual potential.

 
76-85 22
Abstract

The article presents the results of a comprehensive analysis of the information of domestic authors, as well as prominent scientists and experts from far and near abroad in the field of studying the problems of the influence of internal environment factors on the effectiveness of life, self-support and improvement of quality management systems (QMS) and total quality management (TQM) of companies and firms certified according to the criteria of international standards ISO 9000 series. A general global trend of a sharp decrease in customer interest in QMS and TQM certification to ISO requirements in all areas of production and services has been established over the past 10 years, including in the Republic of Kazakhstan. Thus, the number of certified enterprises of all levels according to ISO in the country today compared to the year 2010 has decreased three times. The authors believe that the solution to the problem of improving the efficiency of the QMS and TQM lies in the permanent improvement of the corporate culture of the personnel of the enterprise by the top management based on the transformation of their mentality through the development of the principles of leadership, process approach, job improvement, staff involvement and management of employee relations.

 
86-104 25
Abstract

The global insurance market, including the market of Kazakhstan, is in constant development and change due to instability in geopolitics, global and national economy. It is worth noting that, despite the growth, the development of the insurance market in Kazakhstan lags behind developed countries. Kazakhstan needs to increase the percentage of the contribution of insurance assets to the GDP structure.  This article discusses the main problems hindering the development of the insurance market and, in particular, the development of imputed insurance in Kazakhstan, provides a number of recommendations to eliminate these problems and proposals for further development of the insurance market.

 
105-114 21
Abstract

Education is the main resource for the sustainable development of countries and regions and belongs to one of the main fields of activity, where the main resource is human capital. Relevance. The topic of the article is relevant since the development of the education system is the basis of the socio-economic development of states and a vital factor reflecting the economic and social well-being of the population of countries and regions. The purpose of the research topic is to reflect the importance and necessity of investing in investments in education as the main factor in the economic development of the country. To achieve this goal, the following tasks are set: justification of the need to invest in education; disclosure of the prospects for investing in education. Methods. During the research, various techniques and methods were used, the main of which are economic and statistical: deduction and induction, analysis and synthesis, statistical analysis. The empirical basis of the study was the data of the Eurasian Economic Union, the Department of Statistics of the Republic of Kazakhstan for 2017-2021, scientific publications of economists dealing with the problems of attracting investment in the development of human capital. Results. Based on the conducted research, the results of the study are considered, the main of which are changes in investment directions in education by attracting investments in both formal and additional vocational education, as well as development prospects

115-130 24
Abstract

The article is devoted to the issues of the location of the productive forces of light industry in the regions of Kazakhstan, which is influenced not only by the factors of the availability of natural resources, favorable geographical location, but also by factors of "second nature", in particular, the likelihood of agglomeration effects from crowding and the possibility of economies of scale. The analysis of geographical concentration and regional specialization reflects the general trends in the placement of industrial production, provides the necessary information basis for a balanced economic policy. The localization coefficient, concentration and specialization indices of Herfindahl–Hirschman and Krugman were used as methodological assessment tools in the study. The high concentration of industrial production of light industry enterprises in the regions of the country was revealed. The results obtained can be used in scientific research to analyze the distribution of productive forces, assess the development of agglomeration processes, as recommendations for conducting economic policy in the regions.

 
131-144 32
Abstract

In the modern conception of economic thought, competition is one of the basic conditions for the functioning of a market economy. Nevertheless, in today's unstable market environment, competition is not effective. In this context, we believe that cooperation is a factor in ensuring the stability of the economic system. In this context, cooperation is a factor in ensuring the stability of the economic system. In this connection, the article considers the role of competition in development of society and necessity of its transition to a new paradigm of doing business in the rapidly changing conditions of external environment. A mathematical model of coordinated management has been used in order to determine the possible benefits of cooperation between partners in the markets for goods and services. The results of model research are presented from the standpoint of active system theory, and the model was obtained with the condition of perfect matching, corresponding with manufacturers’ cooperation. The goal of the research is the study of competitive model of national economy functioning and the identification of promising trends in business activity of economic subjects on the basis of the model of cooperation. The aim of the study is to examine competition and cooperation as driving force in the development of economic actors and to substantiate the role of each at different stages of their functioning. In this respect, the paper identifies the following objectives: to examine the role of competition in the development of business environment in the transition to a new paradigm of doing business; to identify the relevance of competition and co-operation at different stages of the development of the external environment in a rapidly changing environment; to determine the possible benefits of cooperation between partners in goods and services markets using a mathematical model of coordinated management. As a result of solving the above objectives on the basis of the theory of active systems, a model with a perfect matching condition, which corresponds to the cooperation of producers, has been obtained. A proof base has been obtained that by using the potential of cooperation, economic subjects’ function under conditions of maximum profit.

145-159 34
Abstract

Nowadays, the creative industries sector is one of the fastest growing in both developed and developing countries. In this paper, we considered countries with transition economies such as Kazakhstan, which have regional specifics, and political narratives. This research contributes to the construction of a theory of the development of creative industries in emerging markets. In order to study the features of the development of creative industries in countries with emerging economies, a survey was conducted among representatives of the sector. This study applied a mixed-method design. First, a survey was conducted to understand the landscape of creative industries in Kazakhstan, one of the post-Soviet Union countries. This approach allowed us to comprehend the types of businesses, founders’ activity, funding structure, and barriers to development. Second, 34 semi-structured interviews were conducted with founders who agreed to a follow-up interview. The survey included areas such as type of business, founder activities, funding structure, and barriers to the development of creative industries in Kazakhstan, with the aim of studying how representatives of the sector cope with the difficulties of starting a creative business in particular, the motivation of founders, factors, and obstacles to success. This study highlighted the significance of mentorship and inspiration in creative industries in emerging markets. The results show the lack of support from the state, as well as the lack of human resources. The lack of skills is linked to the creative brain drain in Kazakhstan, and access to materials and technologies is a key problem since most of the resources are foreign-made and imported.



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ISSN 2789-8253 (Print)
ISSN 2789-8261 (Online)