Technological Modernization of Kazakhstan in the Face of Global Challenges

Abstract:

The paper investigates the level of technological modernization in Kazakhstan. Technological progress and modernization, as well as the accompanying them knowledge, are the main drivers of the modern economic growth. A new economic reality is impossible without increasing the innovative component, as a factor of competitiveness of domestic enterprises and the country as a whole. Countries with developed economies demonstrate a high activity of innovative processes, where technological innovations are transformed into a determining factor of economic growth and social development of society. The  analysis  may  be  of  interest  to  the  different  governments of developing economies like Kazakhstan  in  terms  of choosing the necessary strategies.