Analysis of Innovation Activity in the Industrial Market of Kazakhstan

Authors

DOI:

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

Keywords:

innovation, innovative potential, innovative activity, industrial market

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.

Author Biography

Maira Davletova, Turan University, Almaty, Kazakhstan

Candidate of Economic Sciences, Associate Professor of the Department of Marketing and
Logistics, “Turan” University

How to Cite

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

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Published

2022-06-29