CHALLENGES WITH THE TRANSITION TO A RESEARCH-BASED ECONOMY IN KAZAKHSTAN

This study offers several qualitative and mixed approaches to explore the challenges with the transition to a research-based economy in Kazakhstan. Some findings have been drawn from a doctoral study of science policymaking in Kazakhstan focusing on experts’ involvement in agenda setting.

According to the results of this study, despite the significant structural transformation and numerous economic development strategies, the economy of Kazakhstan remains dependent on extractive industries. It is mainly because the structure of the economy of Kazakhstan is more export-oriented than service-based. The macroeconomic situation is characterized by an unpredictable business environment.

The findings of this research highlight that the business sector is not interested in R&D activities and relies most on accelerated foreign technologies. The Kazakh Government likely needs to facilitate specific subsidies and tax preferences for business enterprises involved in research and development activities. This kind of state support may encourage business representatives to invest more in scientific activities that could help the country move smoothly to a research-based economy.