THE DEVELOPMENT OF HUMAN POTENTIAL IN KAZAKHSTAN’S INNOVATION ECONOMY

Talgat Uteubayev and Mariana Petrova
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Talgat Uteubayev: Information Systems Management Institute ), Riga, Latvia
Mariana Petrova: University of Veliko Tarnovo; ISMA, Latvia

Business Management, 2017, issue 4 Year 2017, 66-79

Abstract: In this paper, statistical analysis of indicators of innovative growth in the Republic of Kazakhstan was conducted. The indicators were compared to those of technologically advanced countries, in particular to such indices as: the share of innovation-active enterprises, domestic spending on research and development (Percentage to GDP), total researchers equivalent per thousand total employments, and amount of research conducted. As the results of the academic research, key factors that have a major influence on innovative activity of the SME were determined. Purpose – disclose the nature and content of the human factor of the economy in terms of becoming an innovative society, to examine the role of the human factor in the innovative development of the state. Methodology - Research was composed to measure variation in the economic development and innovation in Kazakhstan required in times of increasing global competition. Conclusions - Today, the State is significantly lagging behind other developed countries according to innovation driven indices. The Republic of Kazakhstan can be competitive by shifting to a new model of economic growth and by rapidly reducing lag. The State requires an effective strategy of innovative development, which consists primarily in the development of human potential and employment of citizens. Integration of education, science and industry, the development of education on the basis of modern science and technology have become today one of the priority directions of economic development.

Keywords: human resources; labour potential; innovation; innovative development; the republic of Kazakhstan. (search for similar items in EconPapers)
JEL-codes: L20 M10 M12 M16 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:dat:bmngmt:y:2017:i:4:p:66-79

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