INTERNATIONALIZATION OF HIGH-TECHNOLOGY SECTOR IN KAZAKHSTAN: MAIN BARRIERS AND FACTORS

It was a crucial decision of the Government of Kazakhstan to change the way of the development from the raw materials sector to the innovation path. This study deals with the internationalization process of the high-technology sector. The main views of the scholars regarding the barriers that arise in the high-tech sector in the context of internationalization are presented. The types of barriers were studied and additional ones were supplemented by the views of authors in this article. The article demonstrates the important factors that affect the high-tech sector in Kazakhstan. Data was collected from the period 2009–2017 using elements such as (Government spending on R&D, The inflow of FDI for the high Technology Sector, Government Investment, Private Enterprise Costs, High-tech Export). Using regression, correlation analysis the supported relationship between these variables was found and interpretation of this relationship is presented. The purpose of this article was to identify factors determining a significant impact on the development of the high-tech sector in Kazakhstan. In future studies, we plan to consider more data and additional factors like the import of high-tech products to get the in-depth result. Additionally, considering the possibility to create a business model that can help to improve the current position of the high-technology sector in Kazakhstan. DOI: https://doi.org/10.3846/vvf.2020.022