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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2019-11-23  |  Accepted: 2020-03-20  |  Published: 2020-06-30

Title

Stimulation of entrepreneurs' innovative activity: evidence from Kazakhstan


Abstract

In recent years, Kazakhstan’s innovation policy has enjoyed a noticeable rally: ways to support innovation are being actively discussed, a suitable “toolbox” is developing, the susceptibility of decision-makers to the mechanisms for encouraging innovation is increasing. Nevertheless, effective levers of influence on business, in which innovation activity could manifest locally, have not been found yet. Although this does not change the overall economic situation. Following on from the results of a survey of various level business managers and factor analysis performed prior, the authors study the influence of incentive mechanisms on entity activities and their “inquiry” on the public policy content. The authors come to the conclusion that most of the tools to stimulate innovation entrepreneurship in Kazakhstan are currently aimed at successful market players, creating conditions for technological modernization of existing industries, and at improving the level of entrepreneurs’ business and technological competencies. According to a study conducted in Kazakhstan, it is necessary to increase the participation of universities, research institutes, local executive and legislative authorities in the development of management mechanisms and the promotion of innovation entrepreneurship.


Keywords

innovation management, entrepreneurship, innovation activity, research and development, stimulation, Kazakhstan


JEL classifications

M13 , O31 , O32


URI

http://jssidoi.org/jesi/article/543


DOI


Pages

2615-2629


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Seitzhanov, Sagyngali
L. N. Gumilyov Eurasian National University, Nur-Sultan, Kazakhstan http://www.enu.kz
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Kurmanov, Nurlan
L. N. Gumilyov Eurasian National University, Nur-Sultan, Kazakhstan http://www.enu.kz
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Petrova, Mariana
St. Cyril and St. Methodius University of Veliko Turnovo, Veliko Tarnovo, Bulgaria http://www.uni-vt.bg
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Aliyev, Ulukbek
Executive Office of the President of the Republic of Kazakhstan, Nur-Sultan, Kazakhstan https://www.akorda.kz
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Aidargaliyeva, Nazgul
Kazakh Humanitarian Law Innovative University, Semey, Kazakhstan http://www.kazguiu.kz
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

7


Number

4


Issue date

June 2020


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 3557  |  PDF downloads: 1651

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