Innovation: the Barriers and Factors of Development in Kazakhstan

Abstract:

Despite the fact that in recent years the economy of Kazakhstan is estimated positively in many aspects, innovative development, which is one of the key factors affecting the level and competitiveness of the economy, is still at a low level. This is especially noticeable in the sector of small and medium-sized businesses. Successful implementation of innovative processes depends largely on the internal potential of innovative organizations. This dependence is widely studied, both in domestic and foreign literature. Lack of sufficient innovative potential of reducing the effective implementation of innovation is considered in this paper. 

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