ESC
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Entrepreneurship and Sustainability Issues Open Access Q1
Scopus - coverage starting with 2017 material
Received: 2020-03-15  |  Accepted: 2020-08-08  |  Published: 2020-09-30

Title

Financial-credit and innovative economic sectors: evaluation of macroeconomic effects of regulation and interaction sectors


Abstract

In the article, the authors examine contemporary problems of the divergence of the interests of financial and credit institutions and enterprises operating in the innovation sector. Based on the study of theoretical and methodological approaches to the interaction of subjects of financial and innovative sectors of the economy, the authors obtained the results of economic-mathematical modeling on the effect of interaction between sectors on economic growth and assess the role of regulators in this process. The obtained results are interpreted through the prism of the experience of economically developed countries, which reached the greatest degree of synergy between the financial and innovative sectors of the economy. Conclusions are drawn regarding the need to develop preventive measures to eliminate the undesirable effects, including on the basis of the adaptation of best world experience.


Keywords

financial sector, innovation sector, interaction, economic growth, synergy, macroeconomic effects, institutional infrastructure, regulation


JEL classifications

E22 , E31 , E44


URI

http://jssidoi.org/jesi/article/682


DOI


Pages

1224-1237


Funding

The article was prepared based on the results of an intermediate stage of research "Development of a systematic regulation mechanism for financial and credit organizations to support the innovation sector in the context of sustainable macroeconomic effects", carried out under grant funding of the Ministry of Education and Science of the Republic of Kazakhstan Grant Agreement Number 0118РК01143

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

Authors

Rakhmetova, Aibota
Karaganda Economic University of Kazpotrebsoyuz, Karaganda, Kazakhstan https://www.keu.kz
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Kalkabayeva, Gaukhar
Karaganda Economic University of Kazpotrebsoyuz, Karaganda, Kazakhstan https://www.keu.kz
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Kurmanalina, Anar
Karaganda Economic University of Kazpotrebsoyuz, Karaganda, Kazakhstan https://www.keu.kz
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Gusmanova, Zhanar
Karaganda Economic University of Kazpotrebsoyuz, Karaganda, Kazakhstan https://www.keu.kz
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Serikova, Gulzira
Karaganda Economic University of Kazpotrebsoyuz, Karaganda, Kazakhstan https://www.keu.kz
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Aimurzina, Baglan
Kazakh University of Economy, Finance and International Trade, Nur-Sultan, Kazakhstan https://kuef.kz
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Journal title

Entrepreneurship and Sustainability Issues

Volume

8


Number

1


Issue date

September 2020


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References