Innovative Entrepreneurship Financing in the Republic of Kazakhstan
Innovative Entrepreneurship Financing in the Republic of Kazakhstan

Summary/Abstract: The topicality of the study is determined by the need to find optimal ways of innovative entrepreneurship financing as an important factor of economic growth of the country’s economy. The article is aimed at developing conceptual, organizational and methodical bases of innovative development financing in the context of macroeconomic reforms in Kazakhstan, identifying the role of state development institutions and financial instruments applied in the implementation of the state program of industrial-innovative development. The research substantiates the specific proposals to improve the state policy in innovation financing, shows the role of financial and credit instruments in the economic and innovative development of the country as the fundamental factors affecting the dynamic development of innovation, studies the basic forms and methods of the country’s innovative development stimulation, examines international experience and analyzes the level of innovative activity financing. The research findings are of practical value for improving the process of state regulation of the innovative entrepreneurship financing, the rational allocation of available public and private (commercial) resources; streamlining methods of providing state support for innovative entrepreneurship; raising the level of investment attractiveness of innovative entrepreneurship through the organization of effective interaction of this institute with innovative infrastructure facilities.

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