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Bistrova J.,Riga Technical University | Lace N.,Riga Technical University | Atygayeva Z.,Kazakh Humanitarian Law University
WMSCI 2015 - 19th World Multi-Conference on Systemics, Cybernetics and Informatics, Proceedings | Year: 2015

Neoclassical economic theory states that the growth of the nation primarily is dependent on the innovation potential of the country. However, this theory is often being refuted by the recent empirical research, proving that the innovations are becoming more cost-extensive, late in generating return on invested capital and not as useful as they used to be. The present study researches the effect of innovation on the EU member-countries economic development, having selected R&D expenses, number of patents and number of researchers as innovation proxies. The results prove that there is a strong relationship between the R&D expenses and GDP growth as well as the labour productivity, but no evidence was found that the number of scientists or the number of patents significantly influence economic development of the country.


Mingaleva Z.,Perm National Research Polytechnic Institute | Zhumabayeva M.,International Academy of Business | Karimbayeva G.,Kazakh Humanitarian Law University | Demessinov T.Z.,Eurasian University | And 2 more authors.
Life Science Journal | Year: 2014

Small and medium enterprises all over the world are the object of special attention from the government. The CIS countries are not an exception as well. The program of small and medium-sized businesses support has been taken there since the beginning of reforms. During the early reform stages, the small and medium entrepreneurship provides a transition to a market economy, fostering a competitive environment, meeting the demands of the population in the most important products and services, production development in the fields of catering and consumer services. Currently, small and medium enterprises largely provide employment and self-employment of the population in all CIS countries, form part of the budget incomes of different levels. During the study process there have been analysed the state of the institutional support of small business in selected CIS countries, the level legislation development, and the specific measures of the state support of small business. Differences in the forms and directions of state regulation and support of the small business sector also determine various contributions of small businesses to the economic development of their countries. The article provides a comparative analysis of the development of small business in the CIS countries. On the basis of analysis of the small business development tendencies in CIS countries, there were determined the main problems in its functioning and formulated the direction on its promotion.


Mingaleva Z.,Perm National Research Polytechnic Institute | Zhumabayeva M.,International Academy of Business | Karimbayeva G.,Kazakh Humanitarian Law University
Life Science Journal | Year: 2014

Sudden growth of NPL volume became one of the up-to-date problems of bank sector in late 2000s. Analysis of macroeconomic values of development of Eastern, Central and South Europe, CIS-countries showed that before financial crisis of 2007-2008 the situation with credit portfolios in most countries of the world were rather stable. However world financial crisis changed situation seriously in financial sector - the average quality of bank assets has deteriorated greatly and a number of general problems of development became clear. This article is devoted to analysis of main reasons of NPL growth in modern economy and the evaluation of effects of their influence on national economies. The article analyses the reasons of origination of bad assets (NPL) and considers them in terms of opportunities of national economies. Comparative characteristics of the factors and reasons for nonelimination and growth of bad assets in Russia, CIS-countries, European countries are provided.


Saparbekova Z.S.,Kazakh Humanitarian Law University | Abdullaeva B.S.,Kazakh Humanitarian Law University | Yeleussizova I.K.,Kazakh Humanitarian Law University
Life Science Journal | Year: 2013

In the Republic of Kazakhstan property and related personal non-property relations raising from creating, protection and use of innovation, utility model, industrial designs (hereinafter - item of industrial property) are guided by Civil Code of the Republic of Kazakhstan Chapter 52 (Special Part) and Patent Law of the Republic of Kazakhstan. In the meantime the experience in application of the legislation of the Republic of Kazakhstan on inventions, utility models and industrial designs shows that courts investigated rare cases (only 2 for 3 years) on litigating rights to objects of industrial property. Thus legal patent protection of objects of industrial property in the Republic of Kazakhstan is of specific and complicated nature and provides demands of the society for production means and commodities.


Levonovna B.Y.,Kazakh Humanitarian Law University | Kuanishbekovna N.A.,Kazakh Humanitarian Law University | Alekseevich K.M.,Kazakh Humanitarian Law University | Victorovna K.E.,Kazakh Humanitarian Law University | And 2 more authors.
Life Science Journal | Year: 2014

This paper deals with a detailed analysis of the systematization problems and prospects of entrepreneurial legislation in the Republic of Kazakhstan. The article presents the views of domestic and foreign experts about possible problems that may arise when codifying entrepreneurial legislation. Authors revealed the status and the development prospects of entrepreneurial legislation in the Republic of Kazakhstan and gave recommendations on solving the problems related to the implementation of entrepreneurial code concept.

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