Abstract
The paper analyzes and assesses the main issues and development factors of innovation processes in Kazakhstan. It is known that in modern conditions of dynamically developing competitive processes and scientific and technological progress, innovations serve as the basis of the national economy and a key factor in ensuring the competitiveness of enterprises. Moreover, today, the economy of the country can successfully compete in the market on the basis of the continuous improvement of goods and services produced as well as the development of new directions. It is also obvious that the development of new products, implementation of innovations and new measures are key performance indicators at both the macro and microeconomic levels. In this sense, an innovative way of socio-economic development of the country is becoming an urgent problem for Kazakhstan. An analysis of the situation shows that in the real sector of the economy, the possibilities of increasing production at the expense of extensive factors are largely exhausted. It is necessary to ensure the modernization of the economy through the introduction of modern technologies and the maximum use of the country’s intellectual potential. The realization of the economic strategy determines the implementation of the main directions of social policy in line with the innovative development of Kazakh society as a whole.
Highlights
Throughout the history of mankind, innovation has been the driving force and source of development
This paper presents an original and reflexive study in how the factors of development of the innovation process in Kazakhstan are arranged
The formation of a new type of innovation system in Kazakhstan is just beginning. Already these days, it is possible to distinguish the key problems in the formation and implementation of state innovation policy in the country
Summary
Throughout the history of mankind, innovation has been the driving force and source of development. Innovation refers to the process of transforming knowledge and ideas into products or services that have consumer value. The governments of the leading countries of the world, including Russia, have set a course to build a “knowledge economy “or” innovation economy”, where knowledge and innovation play a leading role (Kudryavtseva, 2019). Innovation is a prerequisite for the long-term sustainable operation and development of any enterprise. An innovation process (IP) is the process of commercializing new technologies or converting knowledge into innovation. The modern world economy (the new economy) has a number of features, such as globalization, dynamism, continuous and rapid variability, tougher competition, shorter life cycles of goods, ever-increasing speed of information
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