Innovation and Technology Commercialisation Factors in Kazakhstan

Abstract

Commercialisation of research and development (R&D) results is a driver of increasing revenues and profits for companies, and it also has a positive impact on economic development, increasing global and national competitiveness in general. At the same time, commercialisation is a complex process, and its success depends on various factors. Therefore, this study aims to assess the mutual influence of R & D commercialisation factors in Kazakhstan with the identification and subsequent recommendation to strengthen the identified positive factors and level out the negative ones. The study used official data from the Bureau of National Statistics, such as the level of innovative activity of enterprises, the share of innovative products (goods, services) in GDP, the number of patents, R & D costs, costs of product innovation in industry, the number of employees performing R & D.