Year: 2025
Type: article
Abstract: In recent years, Kazakhstan has been actively developing innovative infrastructure and taking steps to create favorable conditions for the introduction of scientific and technical developments into the real sector of the economy. The key factors influencing the process of technology commercialization are considered, such as government support, the availability of venture capital, the interaction of scientific institutions with business and legal regulation. Special attention is paid to the analysis of existing programs and initiatives aimed at stimulating innovation activity, as well as identifying barriers that startups and enterprises face on their way to the market. Bringing innovative products to the market involves a very difficult path from generating ideas, conducting fundamental research to building an innovative business and bringing finished products to the market to the end consumer. Successful commercialization makes it possible to increase added value, strengthen the competitiveness of business and the country as a whole. The research is based on data from public and private organizations, as well as on examples of successful cases of technology commercialization in Kazakhstan. The conclusions of the work can be useful for technology developers, investors and politicians interested in the further development of the country's innovative economy.
Authors: A. M. Salturina, O. V. Protasova
Institution: Manash Kozybayev North Kazakhstan University
Language: English
Topic: Innovation Policy and R&D
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4412044709