Author(s): Mukhtarova K.S.,Kozhakhmetova A.K.,Belgozhakyzy M.,Dosmbek A.,Barzhaksyyeva A.
High-tech industry is one of the most perspective and promising areas. Moreover, high-tech arecore component of entrepreneurship. Hence, development of successful high-tech projects may open new horizons for entrepreneurs. Research considersusing of project management tools as a factor for developmenthigh-tech projects that may be a key of successful entrepreneurship. The study investigates conditions for successful development of high-tech projects that ensure innovative entrepreneurship in developing countries. Lack of technological knowledge and lack of high-qualified human resources make it difficult to achieve high-tech project success in developing countries. Kazakhstan was chosen as representative of developing countries. Study comparesproject success level and factors that affect to success of high-tech projects in developing countries and developed countries.Japan was chosen as developed countries representative.The objective of the study is to identify which factors affect to high-tech project success in developing countries from the viewpoint of project management. Literature review reveals a luck of researches about how developing countries run their high-tech projects. Research findings show that high-tech projectsrunby project managers differently in developing countries than in developed countries, and, accordingly, success level is much lowerin developing countries. For example, Kazakh managers show worst result in cost overrun (25.96%) and in schedule overrun (32.9%). These results impacted by low extent of use cost and time planning processes. It may be due to the specific national culture, thatdescribe Kazakh managers as don’t focused on time management.In addition, Kazakhstani projects` results related to other two dimensions of success as technical performance (3.9)and customer satisfaction (4.8)are lower than in developed country. Furthermore, study reveals specific knowledge areas of project management that high correlated with project success dimensions. Thus, criticalknowledge areas for high-tech project success in developing countries as Kazakhstan are project integration and scope management, communicationmanagement, risk and quality management. Study suggests to focus on these factors during high-tech project management in developing countries, because these factors have significant impact on high-techproject success dimensions