The purpose of the study is to assess the role of the state in business management in the context of the experience accumulated over the years of new industrialization and medium-term tasks for the formation of an export-oriented economy with high added value.Methodology. The theoretical and methodological basis of the study was the key provisions set forth in the scientific publications of economists on various aspects of business management. The scientific and methodological apparatus includes a causal and current analysis of statistical data on the state of business in Kazakhstan. The basis for assessing the interaction between the state and business, the measures of state support for industry used are the concepts and concepts traditionally used in the study of entrepreneurial activity.The originality / value of the study lies in the rationale for the transition from disparate tools of state support for business to a comprehensive system of stimulating its development.The results of the study revealed the main reasons hindering the promotion of business in the domestic market and the entry of industrial enterprises into international markets. An assessment of various measures of state support for business within the framework of industrial policy is given. It is shown that both the implementation of state programs, despite significant funds, and measures of state support, have a supporting value on the manufacturing industry of Kazakhstan, which determines the pace of development of the economy of Kazakhstan as a whole, to a greater extent. Recommendations for building the capacity of industrial entrepreneurship have been developed and key areas of state regulation of entrepreneurship in the medium term have been identified.
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