Managing research and development process in conditions of economic growth of Kazakhstan: Methods and analysis
This study aims to assess the relationship between R&D and economic growth in terms of their ability to understand R&D management. In the paper, the algorithm of actions was used, which allows ensuring interconnection, sequence of work, validity of the choice of the methods used, and...
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doaj-2987473ac27f4a83af9828c98502bfe42021-08-27T08:25:50ZengLLC "CPC "Business Perspectives"Problems and Perspectives in Management1727-70511810-54672021-08-0119318519610.21511/ppm.19(3).2021.1615441Managing research and development process in conditions of economic growth of Kazakhstan: Methods and analysisAnel Kireyeva0https://orcid.org/0000-0003-3412-3706Dana Kangalakova1https://orcid.org/0000-0001-8388-8559Anna Kredina2https://orcid.org/0000-0002-7682-2727Zaira Satpayeva3https://orcid.org/0000-0002-1644-3709Marat Urdabayev4https://orcid.org/0000-0001-8270-6821Ph.D. in Economics, Head of Department of Information and Implementation of Research Results, Institute of Economics CS MES RKPh.D. in Economics, Department of Economic Theory and Institutional Research, Institute of economics CS MES RKPh.D. Candidate, Finance and Accounting Department, University of International BusinessPh.D. in Economics, Head of Department of Regional Economy and Innovative Development, Institute of economics CS MES RKPh.D. Candidate, Economics Department, Al-Farabi Kazakh National UniversityThis study aims to assess the relationship between R&D and economic growth in terms of their ability to understand R&D management. In the paper, the algorithm of actions was used, which allows ensuring interconnection, sequence of work, validity of the choice of the methods used, and defining key factors over a long period. The following methods of the empirical study were used: analysis of the provision of level development; regional analysis of the data; correlation analysis. Based on correlation analysis the impact of economic growth on R&D was investigated, which is expressed by such variables as the number of organizations engaged in R&D, internal expenditures in R&D, expenditures for technological innovations, number of employees in R&D. The data were obtained from the World Bank, the Eurasian Economic Union, and the statistical yearbook of Kazakhstan for 2009–2019. The results obtained show that all determinants correlate not only with the GDP but with each other as well. According to the findings, viewing the GDP level, there is a positive and negative correlation link between such two factors as ‘the number of research organizations’ and ‘R&D technological innovations’. These coefficients of correlation between GDP and independent factors selected for the analysis are significant, i.e. they can significantly affect the value of the GDP. The obtained results are useful in formulating the R&D development management strategy. AcknowledgmentsThis study has been funded by the Science Committee of the Ministry of Education and Science of the Republic of Kazakhstan (grant IRN AP08052800 “Intellectual potential of the regions of the Republic of Kazakhstan: assessment and development prospects”).https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15441/PPM_2021_03_Kireyeva.pdfeconomic growthinnovationKazakhstanmanagement issuesnew technologyresearch and development |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Anel Kireyeva Dana Kangalakova Anna Kredina Zaira Satpayeva Marat Urdabayev |
spellingShingle |
Anel Kireyeva Dana Kangalakova Anna Kredina Zaira Satpayeva Marat Urdabayev Managing research and development process in conditions of economic growth of Kazakhstan: Methods and analysis Problems and Perspectives in Management economic growth innovation Kazakhstan management issues new technology research and development |
author_facet |
Anel Kireyeva Dana Kangalakova Anna Kredina Zaira Satpayeva Marat Urdabayev |
author_sort |
Anel Kireyeva |
title |
Managing research and development process in conditions of economic growth of Kazakhstan: Methods and analysis |
title_short |
Managing research and development process in conditions of economic growth of Kazakhstan: Methods and analysis |
title_full |
Managing research and development process in conditions of economic growth of Kazakhstan: Methods and analysis |
title_fullStr |
Managing research and development process in conditions of economic growth of Kazakhstan: Methods and analysis |
title_full_unstemmed |
Managing research and development process in conditions of economic growth of Kazakhstan: Methods and analysis |
title_sort |
managing research and development process in conditions of economic growth of kazakhstan: methods and analysis |
publisher |
LLC "CPC "Business Perspectives" |
series |
Problems and Perspectives in Management |
issn |
1727-7051 1810-5467 |
publishDate |
2021-08-01 |
description |
This study aims to assess the relationship between R&D and economic growth in terms of their ability to understand R&D management. In the paper, the algorithm of actions was used, which allows ensuring interconnection, sequence of work, validity of the choice of the methods used, and defining key factors over a long period. The following methods of the empirical study were used: analysis of the provision of level development; regional analysis of the data; correlation analysis. Based on correlation analysis the impact of economic growth on R&D was investigated, which is expressed by such variables as the number of organizations engaged in R&D, internal expenditures in R&D, expenditures for technological innovations, number of employees in R&D. The data were obtained from the World Bank, the Eurasian Economic Union, and the statistical yearbook of Kazakhstan for 2009–2019. The results obtained show that all determinants correlate not only with the GDP but with each other as well. According to the findings, viewing the GDP level, there is a positive and negative correlation link between such two factors as ‘the number of research organizations’ and ‘R&D technological innovations’. These coefficients of correlation between GDP and independent factors selected for the analysis are significant, i.e. they can significantly affect the value of the GDP. The obtained results are useful in formulating the R&D development management strategy.
AcknowledgmentsThis study has been funded by the Science Committee of the Ministry of Education and Science of the Republic of Kazakhstan (grant IRN AP08052800 “Intellectual potential of the regions of the Republic of Kazakhstan: assessment and development prospects”). |
topic |
economic growth innovation Kazakhstan management issues new technology research and development |
url |
https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15441/PPM_2021_03_Kireyeva.pdf |
work_keys_str_mv |
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