Innovation Management in the Oil and Gas Industry of the Republic of Kazakhstan
Innovation Management in the Oil and Gas Industry of the Republic of Kazakhstan

Summary/Abstract: Up until now, the oil and gas industry formed almost a third of the gross domestic product of Kazakhstan. In addition to stable cash inflows to the state budget, oil and gas companies provide infrastructural development of the regions and the development of other sectors of the Kazakh economy; therefore, study and research of the republic's oil and gas industry in the current environment is quite relevant. This article provides a literature review of domestic and foreign authors, who conducted study of innovation management, and oil and gas industry in various aspects of economic development of the world economy. The article gives an analytical overview of the current condition and future directions of oil and gas industry in Kazakhstan. Characteristic features of administrative processes in the real economy have been portrayed. The authors of the article studied the conceptual approaches to oil and gas factory control based on the state support for the development of priority sectors, including for investment attraction. Due to conducted research, the following results have been produced: theoretical and methodological aspects of the study of the system of oil and gas factory of the Republic of Kazakhstan systematized, based on which the conclusions are made to improve the management oil and gas factory of the republic.

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