Innovations as Drivers of Stable Growth of the Kazakh Economy through State Policy in Area of Eco-innovations Implementation

Dana Saylauovna Bekniyazova, Arman Akishev, Ildar Kaliyev, Gulnara Turganovna Shamshudinova and Meiramgul Armiyanovna Altybassarova
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Dana Saylauovna Bekniyazova: International University of Kyrgyzstan, 255 Chui Avenue, 720000 Bishkek, Republic of Kyrgyzstan,
Arman Akishev: S. Toraighyrov Pavlodar State University, 64 Lomov Street, 140008 Pavlodar, Republic of Kazakhstan,
Ildar Kaliyev: S. Toraighyrov Pavlodar State University, 64 Lomov Street, 140008 Pavlodar, Republic of Kazakhstan
Gulnara Turganovna Shamshudinova: S. Toraighyrov Pavlodar State University, 64 Lomov Street, 140008 Pavlodar, Republic of Kazakhstan
Meiramgul Armiyanovna Altybassarova: S. Toraighyrov Pavlodar State University, 64 Lomov Street, 140008 Pavlodar, Republic of Kazakhstan.

International Journal of Energy Economics and Policy, 2016, vol. 6, issue 3, 602-610

Abstract: One of the main tasks of the state when achieving the stable economy growth is to stimulate a growth of the energy efficiency (EE) in energy intensive sectors of economy and to form the efficient regulatory basis to decrease the energy ratio. Therefore, the main task of the state power is to provide efficient, reliable, and ecologically responsible supply of energy resources. Thus, in 2013 the Government of the Republic of Kazakhstan developed and adopted the Concept on Transferring to Green Economy. Its basic goal is to provide reliable, adequate and accessible energy resources for substantial social, economic, and ecologically stable growth of the country. The research conducted within this article allows to make the conclusion that at the present time the Republic of Kazakhstan has a very low level of EE. In spite of considerable positive changes in the development of innovations, in accordance with the classification of the 2015 Global Innovation Index, Kazakhstan is ranged as an inefficient innovator with a low level of investments in research and development works and low demand for eco-innovations.

Keywords: Eco-innovations; Green Technologies; Green Power Industry; National Innovational Strategy; Energy Efficiency; Energy Ratio; Resources of Renewable Energy Sector (search for similar items in EconPapers)
JEL-codes: N55 O13 P28 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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