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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2020-03-25  |  Accepted: 2020-09-11  |  Published: 2020-12-30

Title

Impact of R&D expenditures on the country's innovative potential: a case study


Abstract

Kazakhstan has all the prerequisites for the formation of innovative potential. However, to ensure the innovative economic development of Kazakhstan, it is necessary to create favorable conditions that promote the commercialization of innovations. Otherwise, all expenditures that are currently primarily of a state nature will not have the required economic indicators. The modern theory of sustainable economic growth is based on the concept of innovation. That is why the main indicators of overall economic development depend on innovative development. The article studies the variability of a data group formed from indicators of innovative development of the economy of Kazakhstan, using one of the methods of reducing dimension as a correlation analysis. The data of 2000–2018 are analyzed, that is, for 19 years. Discusses the correlation analysis of indicators characterizing the amount of research and development costs and gross domestic product. The obtained correlation coefficients demonstrate a strong linear relationship between the selected indicators. The statistical analysis showed: patterns of change in the GDP of the economy internal R&D costs are almost identical, correlation-regression model of the impact of GDP on domestic R&D expenditures. That is, the number of innovatively active enterprises and internal R&D costs are interdependent variables with a close correlation. High correlation coefficients between the registration of patent applications and the grant of patents in Kazakhstan and the number of employees performing R&D. A strong but negative relationship between the number of organizations performing research and development and the rest, perhaps some organizations exist only nominally and their economic activity is minimal.


Keywords

impact, correlation, relationship, GDP dynamics, economic growth, innovation


JEL classifications

O10 , O20 , O30


URI

http://jssidoi.org/jesi/article/723


DOI


Pages

682-697


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

Authors

Nurpeisova, Ardak
S. Seifullin Kazakh Agro Technical University, Astana, Kazakhstan http://kazatu.kz
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Mauina, Galiya
S. Seifullin Kazakh Agro Technical University, Astana, Kazakhstan http://kazatu.kz
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Niyazbekova, Shakizada
Moscow Witte University, Tula, Russian Federation http://www.muiv.ru
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Jumagaliyeva, Ainur
S. Seifullin Kazakh Agro Technical University, Astana, Kazakhstan http://kazatu.kz
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Zholmukhanova, Aigul
S. Seifullin Kazakh Agro Technical University, Astana, Kazakhstan http://kazatu.kz
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Tyurina, Yuliya Gabdrashitovna
Financial University under the Government of the Russian Federation, Moscow, Russian Federation http://www.fa.ru
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Murtuzalieva, Svetlana
Peoples’ Friendship University of Russia, Moscow, Russian Federation http://www.rudn.ru
Plekhanov Russian University of Economics, Moscow, Russian Federation http://www.rea.ru
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Maisigova, Leila A.
Ingush State University, Magas, Russian Federation http://www.inggu.ru
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Journal title

Entrepreneurship and Sustainability Issues

Volume

8


Number

2


Issue date

December 2020


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References