Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)

Abstract

The Knowledge-Based Economy and Innovation Policy in Kazakhstan: Looking at Key Practical Problems

Author(s): Meiramkul Saiymova, Raushan Yesbergen, Gulnaz Demeuova, Botagoz Bolatova, Bagdagul Taskarina, Almagul Ibrasheva, Lazat Spankulova, Daulet Saparaliyev

Since gaining independence, Kazakhstan has been experiencing internal and external economic crises due to the nature of its economy, which relies on the oil and gas sector. To transform and drive national economic development, Kazakhstan has adopted policies and several strategic documents that aim to boost innovation activities and growth of nanotechnology sector, particularly in the industrial sector. This paper aims to review and analyse the national innovation and nanotechnology policy in Kazakhstan, showing the three main practical problems that Kazakhstan faces with the implementation of the policy in context of the “Dutch disease”.