INNOVATION AND PRODUCTIVITY OF ENTERPRISES
Abstract
Purpose – To determine and study the influence of innovation (production or process, organizational, marketing) on enterprise productivity in small and medium-sized enterprises in Kazakhstan.
Methodology – The theoretical and methodological foundations of the study are reviews of the literature seeker on the problem of studying the works of foreign and domestic economists. The article uses modern analytical methods of research, including econometric methods, generalization and comparison of the results obtained.
Originality/value – To increase the productivity of an enterprise, you first need to determine the role of the innovation strategy, then consider ways of introducing them into the enterprise.
Findings – In the article, based on the results of the assessment of models, positive influences of innovation, research and development (R & D) and investments in the productivity of small and medium-sized enterprises of Kazakhstan were determined, multiple regression was constructed and economic interpretation was made. In conclusion, to increase the level of innovation activity of enterprises, the innovative activity of the enterprise should be aimed at expanding the production of new or significantly improved products, be competitive in the market through the use of new technologies, and also through the production of high-quality products.
References
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Review
For citations:
Mukhametzhanova Zh.S. INNOVATION AND PRODUCTIVITY OF ENTERPRISES. Central Asian Economic Review. 2018;(3):92-102. (In Kazakh)
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