Abstract

In the article, the authors examine contemporary problems of the divergence of the interests of financial and credit institutions and enterprises operating in the innovation sector. Based on the study of theoretical and methodological approaches to the interaction of subjects of financial and innovative sectors of the economy, the authors obtained the results of economic-mathematical modeling on the effect of interaction between sectors on economic growth and assess the role of regulators in this process. The obtained results are interpreted through the prism of the experience of economically developed countries, which reached the greatest degree of synergy between the financial and innovative sectors of the economy. Conclusions are drawn regarding the need to develop preventive measures to eliminate the undesirable effects, including on the basis of the adaptation of best world experience.

Highlights

  • IntroductionIn France back in the 80s there was a reorganization of the banking system, the essence of which was to strengthen the processes of nationalization of individual sectors of the national economy and financial and credit institutions

  • In the current conditions of development of Kazakhstan, characterized by a progressive movement towards the development of the processing industry, one of the urgent directions for the development of interaction between the financial and real sectors of the economy is an innovative form of interaction, which in terms of its development is significantly inferior to investment, but in terms of demand from real sectors of the economy and from the standpoint of the need to address key tasks of socio - economic power, significantly surpasses it.The basis of the organization of this form of interaction is venture financing related to the commercialization of research results in high technology, high-tech areas where the results are not guaranteed and the risks are high (Nakipova, Akhmetova, Kamenova, 2013)

  • A critical rethinking of a number of scientific concepts in the context of modern conditions for the interaction of subjects of the financial and innovative sectors of the economy, which are distinguished by frequent cyclical fluctuations and exacerbation of contradictions in the interaction of sectors, predetermined the choice of the research methodology in favor of the theory of asymmetry of information and institutional-evolutionary theory of economic development

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Summary

Introduction

In France back in the 80s there was a reorganization of the banking system, the essence of which was to strengthen the processes of nationalization of individual sectors of the national economy and financial and credit institutions. The basis for such a reform was the need to overcome the crisis and the need to modernize large industrial enterprises based on the intensive introduction of innovations.

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