Technological Modernization of Industry
Technological Modernization of Industry

Summary/Abstract: The opportunities and prospects for the sustainable economic development of Kazakhstan largely depend on how well the country can take advantage of the conditions created by modern scientific and technical progress for qualitative changes in the development of productive forces. Without technological innovation, the growth of labor productivity, the creation of new and the modernization of traditional industries and agriculture and the services sector are impossible. Meanwhile, the current state of the economy of the republic has characterized by technological lag, dependence on imports, export orientation of primary industries, susceptibility to the influence of world market conditions; low efficiency and competitiveness are characteristic features of Kazakhstan industry. Therefore, the strategy of sustainable economic growth of the republic as an important element cannot but include a strategy for technological development.

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