INFLUENCE OF INNOVATIVE ACTIVITY, HUMAN CAPITAL, KNOWLEDGE SPILLOVERS ON REGIONS’S ECONOMIC GROWTH

The aim of the work is to identify the relationship between regional economic growth, innovation, the level of human capital development and the knowledge spillovers.The methodology is based on a quantitative assessment of the impact of knowledge spillovers and technological innovations on the economic growth of regions. Spatial econometrics tools are used as a method of modeling the relationships between these parameters. The sampling of time series was carried out using panel analysis, which allowed to take into account the individual characteristics of the regions correlating with the variables in the model inherent in each of them separately. Based on the provision on the effectiveness of economic development, depending on the accumulated and realized human capital, along withthe economic conditions ofthe region, a social filter indicator was calculated. Using this indicator allowed us to identify key factors of innovative development that contribute to the knowledge spillovers. Based on statistics on innovation in Kazakhstan for the period 1990-2018 the relationship between R&D, innovation and economic growth is assessed taking into account the specifics of human capital in the regions of Kazakhstan. The calculations, in accordance with the proposed models, confirmed the hypothesis about the positive impact of costs on the development of technological innovations on the regional economic growth rates. Accordingly, it is concluded that R&D can be borrowed and introduced by other territories and spread further in this direction along the production chain.

innovative processes, regional development, human capital, knowledge spillovers, R&D, econometric models

1. Oslo Manual: Guidelines for collecting and interpreting innovation data. (3rd ed.). - Paris: OECD Publishing, 2005. - 162 p.

2. Чуланова З.К. «Умное сообщество» как новая парадигма управления социально-экономическим развитием // Материалы II международной научно-практической интернет-конференции. «Проблемы экономического роста и устойчивого развития территорий» / Институт социально- экономического развития территорий РАН. - М., 2017. - С. 319-323.

3. Akamatsu K. A Historical Pattern of Economic Growth in Developing Countries // Journal of Developing Economies. - 1962. - Vol. 1. N 1. - P. 3-25.

4. Sachs Jeffrey D.S. The End of Poverty: Economic Possibilities for Our Time. M.: Publishing House of the Gaidar Institute, 2011. - 416 p.

5. Anselin L., Varga A., Acs Z. Local spillovers between university research and high technology innovations. // Journal of Urban Economics. - 1997. - № 42. - P. 422-448.

6. Audretsch D.B., Feldman M.P. R&D spillovers and the geography of innovation and production. // American Economic Review. - 1996. - № 86. - P.630- 640.

7. Jaffe A. Technological opportunity and spillover from R&D: Evidence from firms patents, profits and market value. // American Economic Review. - 1986. - 76. - P. 984-1001.

8. Aghion P., Howitt P. A model of growth through creative destruction. // Econometrica. - 1992. - 60 (2). - P. 323-351. DOI: 10.2307/2951599

9. Romer P. Increasing Returns and Long Run Growth. //Journal of Political Economy. - 1986. - 94. - P.1002-1038.

10. Romer P. Endogenous technological change // Journal of Political Economy. - 1990. - Vol. 98 (5). - P. 71-102.

11. Mincer J. Investment in Human Capital and Personal Income Distribution//Journal of Political Economy. - 1958. - Vol. 66, No. 4. - P. 281-302.

12. Schultz T. W. Investment in Human Capital: The Role of Education and of Researchю - New York, NY: Free Press, 1971. - 272 p.

13. Schultz T.W. Human Resources (Human Capital: Policy Issues and Research Opportunities), - New York: National Bureau of Economic Research, 1972. - 84 p.

14. Becker G. S. Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education. Chicago, IL: University of Chicago Press, 1964. [Электронный ресурс]. Режим доступа: http:// www.nber.org/books/beck75-1. (Дата обращения: 12.05.2017).

15. Becker G.S. Investment in Human Capital: A Theoretical Analysis //Journal of Political Economy. - 1962. - Vol.70, No.5, Part 2. - P.9-49.

16. Денисон Э. Ф. Вклад знаний в экономический рост: межстрановой анализ// Советско-американский симпозиум экономистов. - М.: Прогресс, 1978. - С.39-47.

17. Kendrick J. W. (1974). The accounting treatment of humaninvestment and capital. // Income and Wealth. - 1974. - № 20 (4). - С.439-468.

18. Чуланова З.К. Факторы конкурентоспособности экономики Японии // Экономические стратегии. - 2007. - № 3. - С.138-143.

19. Земцов С.П., Баринова В.А., Мурадов А.К. Факторы региональной инновационной активности: анализ теоретических и эмпирических исследований// Инновации. - 2016. - № 5 (21). - С. 64-73.

20. Marroccu E., Paci R., Usai S. Proximity, networking and knowledge production in Europe. // Technological Forecasting and Social Change. - 2013. - 80. - P.1484-1498.

21. Rodgriguez-Pose A., Villareal Peralta E.M. Innovation and regional growth in Mexico: 2000-2010. //Growth and Change. - 2015. - 46(2). - P.172-195. https://doi.org/10.1111/grow.12102

22. Баринова В.А., Бортник И.М., Земцов С.П., Инфимовская С.Ю., Сорокина А.В. Анализ факторов конкурентоспособности отечественных высокотехнологичных компаний // Инновации. - 2015. - № 3 (197). - С. 25-31.

23. Charlot S., Crescenzi R., Musolesi A. Econometric modelling of the regional knowledge production function in Europe. // Journal of Economic Geography. - 2014. - Vol. 15, Is. 6. - P. 1227-1259.

24. Чуланова З.К. Качественное образование - платформа развития человеческого потенциала. // Духовная сфера общества. - 2012. - № 9. - С.171- 175.

25. Niklasson L., Tallberg P. Forming a regional policy in Sweden: Where will the contradictory policies lead? Электронный ресурс [Режим доступа] http:// ec.europa.eu/regional_policy/en/funding/s/ (Дата обращения 28.05.2019)

26. Iwasaki I., Suganuma K. Foreign direct investment and regional economic development in Russia. // Economic Change and Restructuring. - 2015. - 48. - P. 209-253.

27. Иванов В.В. Национальные инновационные системы: опыт формирования и перспективы развития// Инновации. - 2002. - № 5. С. 19-23.

28. Hill E., Brennan J. A methodology for Identifying the Drivers of Industrial Clusters: 1 The Foundation of Regional Competitive Advantage // Economic Development Quarterly. - 2000. - №14(1). - Р. 65-96.

29. Ковальчук М.В. Конвергенция наук и технологий - прорыв в будущее // Российские нанотехнологии. Том 6. - 2011. - № 1-2. - С.13-23.

30. Коломак Е.А. Межрегиональное неравенство в России: экономический и социальный аспекты // Пространственная экономика. - 2010. - № 1. - С. 26-35.

31. Gine J., Meissner D. Open innovation: effects for corporate strategies, public policy and the international «flow» of research and development. // Foresight. - 2012. - 6 (1). - P. 26-37.

32. Унтура Г.А., Канева М.А. Формирование инновационной экономики: концептуальные основы, методы и модели. - Новосибирск, 2015. - С.170-191.

33. Kaneva M., Untura G. Innovation indicators and regional growth in Russia, // Economic Change and Restructuring. - 2017. - Vol. 50, Is. 2. - P. 133-159.

34. Brock G. Regional growth in Russia during the 1990s: what role did FDI play? // Post Communist Economies. - 2005. - 17(3). - P.319-329.

35. Chulanova Z.K., Satybaldin A.A., Koshanov A.K. Methodology for Assessing the State of Human Capital in the Context of Innovative Development of the Economy: a Three-Level Approach. // Journal of Asian Finance, Economics and Business. - 2019. - 6 (1). - P.321-328.