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Transition from the industrial clusters to the smart specialization: a case study

Author

Listed:
  • Yelena Petrenko

    (Plekhanov Russian University of Economics, Russian Federation)

  • Elena Vechkinzova

    (V.A. Trapeznikov Institute of Control Sciences of Russian Academy of Sciences, Russian Federation)

  • Viktor Antonov

    (State University of Management, Russian Federation)

Abstract

Kazakhstan faced the problem of falling industrial production and decrease in efficiency of former managerial methods of territorial development. Transition to the new Smart Specialization approach provides better understanding of the specifics of the region and provides the highest return on investment in innovation. The authors produce rationale for the selection of regions of Kazakhstan to determine their smart specialization. There were determined the regions, in which it is advisable to develop the general purpose technologies, and the territories, where it is more profitable to focus on applied research and transmitting them into practice in relation to existing products and technological processes.

Suggested Citation

  • Yelena Petrenko & Elena Vechkinzova & Viktor Antonov, 2019. "Transition from the industrial clusters to the smart specialization: a case study," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 1(2), pages 118-128, June.
  • Handle: RePEc:ssi:jouird:v:1:y:2019:i:2:p:118-128
    DOI: 10.9770/ird.2019.1.2(3)
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    References listed on IDEAS

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    1. Mira A. Kantemirova & Mira A. Kantemirova & Zaur L. Dzakoev & Zara R. Alikova & Sergei R. Chedgemov & Sergei R. Chedgemov & Zarina V. Soskieva & Zarina V. Soskieva, 2018. "Percolation approach to simulation of a sustainable network economy structure," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(3), pages 502-513, March.
    2. Ivan A. Kapitonov & Gaukhar A. Taspenova & Vladimir R. Meshkov & Aleksei A. Shulus, 2017. "Integration of Small and Middle-sized Enterprises into Large Energy Corporations as a Factor of Business Sustainability," International Journal of Energy Economics and Policy, Econjournals, vol. 7(2), pages 44-52.
    3. Mira A. Kantemirova & Zaur L. Dzakoev & Zara R. Alikova & Sergei R. Chedgemov & Zarina V. Soskieva, 2018. "Percolation approach to simulation of a sustainable network economy structure," Post-Print hal-01773587, HAL.
    4. Nina Goridko & Robert Nizhegorodtsev, 2018. "The Growth Points of Regional Economy and Regression Estimation for Branch Investment Multipliers," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 29-42.
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    Citations

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    Cited by:

    1. Elena Vechkinzova & Yelena Petrenko & Yana S. Matkovskaya & Gaukhar Koshebayeva, 2021. "The Dilemma of Long-Term Development of the Electric Power Industry in Kazakhstan," Energies, MDPI, vol. 14(9), pages 1-21, April.
    2. Kateryna Andriushchenko & Andrii Buriachenko & Olexandr Rozhko & Oksana Lavruk & Pavel Skok & Yaroslava Hlushchenko & Yelyzaveta Muzychka & Nataliia Slavina & Olena Buchynska & Viktoriia Kondarevych, 2020. "Peculiarities of sustainable development of enterprises in the context of digital transformation," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2255-2270, March.

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    More about this item

    Keywords

    industrial policy; smart specialization; innovations; development of industrial regions; Kazakhstan;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • P40 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - General
    • P47 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Performance and Prospects

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