Transition from the industrial clusters to the smart specialization: a case study

Yelena Petrenko (), Elena Vechkinzova () and Viktor Antonov ()
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Yelena Petrenko: Plekhanov Russian University of Economics, Russian Federation
Elena Vechkinzova: V.A. Trapeznikov Institute of Control Sciences of Russian Academy of Sciences, Russian Federation
Viktor Antonov: State University of Management, Russian Federation

Insights into Regional Development, 2019, vol. 1, issue 2, 118-128

Abstract: Kazakhstan faced the problem of falling industrial production and decrease in efficiency of former managerial methods of territorial development. Transition to the new Smart Specialization approach provides better understanding of the specifics of the region and provides the highest return on investment in innovation. The authors produce rationale for the selection of regions of Kazakhstan to determine their smart specialization. There were determined the regions, in which it is advisable to develop the general purpose technologies, and the territories, where it is more profitable to focus on applied research and transmitting them into practice in relation to existing products and technological processes.

Keywords: industrial policy; smart specialization; innovations; development of industrial regions; Kazakhstan (search for similar items in EconPapers)
JEL-codes: O15 O50 O53 P40 P47 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouird:v:1:y:2019:i:2:p:118-128

DOI: 10.9770/ird.2019.1.2(3)

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