THE ROLE OF GOVERNMENT IN THE DEVELOPMENT OF INNOVATIVE ACTIVITY IN THE REPUBLIC OF KAZAKHSTAN

Authors

  • С. Купешова
  • А. Орынбасар
        58 49

Abstract

The course of industrial and innovative development of Kazakhstan, laid in the beginning of 2000,
strategically correctly identified the main risks and priority directions for the development of the economy
of Kazakhstan: a non-alternative course was chosen to diversify, increase the competitiveness of the
economy through innovation and avoid dependence on raw materials. As analysis of innovative development
in the Republic of Kazakhstan shows, innovative activity in the country plays a large role, but so
far it is not the main factor of increasing the country’s competitiveness in the world market.
In the conditions of building an innovation system, an economy based on knowledge, the only true
development strategy is the intensification of innovation potential. The country’s innovation potential
lies in the formation and formation of an educated nation, the compilation and integration of various
types of sources, such as material, financial, intellectual and other. The most important factor in the
growth of the innovation economy is the country’s intellectual potential.
This article examines the issues of state regulation of innovation activities, including the features of
the formation of an effective mechanism for financing innovation and the development of intellectual
capital. Constant and continuous creation and implementation of innovations is the main factor of prosperity
in the competitive struggle of any enterprise, region and country as a whole.
The purpose of the research: to study the influence of the role of the state on the country’s innovative
development; analysis of various applied complex and multilevel approaches on the part of the state
to manage innovation activities; Identification of the most effective tools and mechanisms stimulating
innovation activity.
Research methods: general scientific (synthesis, deduction, induction, generalization, testing, survey,
observation, forecasting, scientific abstraction, statistical analysis, logical), as well as methods of
grouping and classification, expert evaluation. Results: the increasing role of the state as the most important
regulator and stimulator of positive activity and social responsibility of private innovation business
is defined. Creation of a favorable innovation climate is becoming the most important direction of state
regulation in the innovation sphere, and such instruments as regulatory legal acts and economic incentives
that contribute to improving the quality of innovations, reducing the costs of their implementation
and increasing the socio-economic returns from innovations create conditions for the mass distribution
of various innovative forms in the country. Scientific novelty: it is revealed that in order to strengthen the
competitive positions of innovative business, the state should promote the formation and development
of public and private partnerships in innovation activities. Also, the creation of an entire system, where
the spheres of application of intellectual, creative work of people: science, education, culture should be
put at the forefront, can also be an increase in innovative activity.

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How to Cite

Купешова, С., & Орынбасар, А. (2018). THE ROLE OF GOVERNMENT IN THE DEVELOPMENT OF INNOVATIVE ACTIVITY IN THE REPUBLIC OF KAZAKHSTAN. Journal of Economic Research &Amp; Business Administration, 124(2), 46–56. Retrieved from https://be.kaznu.kz/index.php/math/article/view/1970