2020
DOI: 10.9770/jesi.2020.8.2(41)
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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 deve… Show more

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Cited by 19 publications
(13 citation statements)
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“…According to the EBRD's financing, in addition to a comprehensive technical cooperation program that will support competitive bidding for wind energy projects, the development of the carbon market, and the promotion of gender integration in the renewable sector, the scheme is also supported by concessional financing from the Green Climate Fund [13,14,18,[20][21][22][23][24][25][27][28][29][30][31][32][33].…”
Section: Resultsmentioning
confidence: 99%
See 1 more Smart Citation
“…According to the EBRD's financing, in addition to a comprehensive technical cooperation program that will support competitive bidding for wind energy projects, the development of the carbon market, and the promotion of gender integration in the renewable sector, the scheme is also supported by concessional financing from the Green Climate Fund [13,14,18,[20][21][22][23][24][25][27][28][29][30][31][32][33].…”
Section: Resultsmentioning
confidence: 99%
“…We conducted a review of the literature on the research topic: We conducted an analysis of the reliability of the power supply; References [4,7] reviewed the successful integration of energy efficiency for joint control; Reference [12] presented data for Italy, where the supply of housing stock is natural gas with an intensity of use of 54%; References References [13,14] studied the systemic interactions between housing stock and energy supply; scientist Heather [15] showed the reaction of the housing market to the change in consumer preferences; [13] examined the system of room heating and water heating; Reference [16] built an index using a process approach to budget allocation; Reference [17][18][19] assessment of the influence of storylines on the processes of reconversion is presented, and semi-structured interviews with key local players were used; and [20][21][22][23][24][25] provided an assessment of four scenarios for the transition to energy by taking into account the opinions of many stakeholders.…”
Section: Methodsmentioning
confidence: 99%
“…Pakes and Griliches ( 1980 ) examined patents as a measure of innovation indicators by relating them to R&D expenditure. Nurpeisova et al ( 2020 ) use R&D expenditure as a potential innovation variable. According to John ( 1993 ), R&D expenditures measure a firm's uniqueness, and Aboody and Lev ( 2000 ) see R&D as a source of insider gains.…”
Section: Methodsmentioning
confidence: 99%
“…As shown in Freund and Weinhold's ( 2002 ) study on US service trade, ICT development is beneficial to a country's digital service exports. The modern theory of sustainable economic growth is based on innovation (Nurpeisova et al, 2020 ). Further, as confirmed by Windrum and Tomlinson ( 1999 ), the competitiveness of the service trade and the degree of innovation are positively related.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Also, many theoretical works and empirical studies are demonstrating the huge importance of R&D's activity for the economic growth of the country (Petrin, 2018;Nurpeisova et al, 2020). It is, therefore, not surprising that there is a continued increase in the number of studies trying to determine how R&D expenditures affect corporate performance.…”
Section: Literature Reviewmentioning
confidence: 99%