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Multifactor Model of Empirical Analysis of Innovative Development of Kazakhstan’s Regions

https://doi.org/10.51176/1997-9967-2023-2-74-93

Abstract

The article reveals the applied aspects of conducting a multivariate analysis, which makes it possible to identify the patterns of innovative development of raw materials (oil and gas) regions of Kazakhstan in conjunction with modernization transformations. A factor analysis of the initial signs of indicators for the period from 2008 to 2021 is carried out. All data were analyzed using IBM SPSS 23 software. The authors describe in detail the methodology of this study, providing the results of statistical analysis. As a result of the analysis, the factors are identified: «economic development of the region and agglomeration effects», «market potential and infrastructure», «structural factor of innovative development», «human factor of innovative development» and «investment factor of innovative development». It is concluded that the stimulation of innovation activity could be based on such measures of state policy as an increase in investment in fixed assets; growth of the gross regional product and the cost of product and process innovations; development of information and communication technologies in the regions; expanding lifelong learning programs; poverty reduction; an increase in the share of employees engaged in research and development; small business development; increasing investment in education and increasing the number of students in technical and STEM specialties. The results obtained also made it possible to conclude that the identified factors of innovative development of raw materials (oil and gas) regions of Kazakhstan are complete and that further research is needed in the context of studying the stated problem. 

About the Authors

N. A. Kurmanov
L.N. Gumilyov Eurasian National University
Kazakhstan

Nurlan A. Kurmanov – PhD, Professor

2 Satpayev Str., 010008, Astana



A. T. Uskelenova
Al-Farabi Kazakh National University
Kazakhstan

Assel T. Uskelenova – Dr. Sc. (Econ.)

71 al-Farabi Ave., 010040, Almaty



G. K. Kabdullina
Kostanay Social and Technical University named after academician Z. Aldamzhar
Kazakhstan

Gulmira K. Kabdullina – Dr. Sc. (Econ.), Professor

27 Kobylandy Batyr Str., 110000, Kostanay



D. M. Mukhiyayeva
L.N. Gumilyov Eurasian National University
Kazakhstan

Dinara M. Mukhiyayeva – PhD, L.N.

2 Satpayev Str., 010008, Astana



G. K. Utarbayeva
Turan-Astana University
Kazakhstan

Gulnara K. Utarbayeva – Cand. Sc. (Econ.), Associate Professor

29 Dukenuly Str., 010000, Astana



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Review

For citations:


Kurmanov N.A., Uskelenova A.T., Kabdullina G.K., Mukhiyayeva D.M., Utarbayeva G.K. Multifactor Model of Empirical Analysis of Innovative Development of Kazakhstan’s Regions. Economics: the strategy and practice. 2023;18(2):74-93. (In Kazakh) https://doi.org/10.51176/1997-9967-2023-2-74-93

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ISSN 1997-9967 (Print)
ISSN 2663-550X (Online)