DETERMINING THE EFFECTIVENESS OF USING INTELLECTUAL POTENTIAL IN THE REGIONS OF KAZAKHSTAN

2020

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DOI 10.24818/ie2020.02.11
Data confidence 70 medium
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Abstract

In recent decades, in the economic literature there has been a surge of interest in the problems of the establishment of a knowledge-based economy, with particular attention being paid to the concept of intellectual potential in order to understand how knowledge functions as a key asset that creates value for an enterprise, region or country as a whole.The intellectual potential at the regional level is considered as the ability of human activity to generate and introduce new things for the purpose of socio-economic development of the region.Intellectual potential is the main factor for the development of a knowledge-based economy.In this regard, the need arises for the effective use of intellectual potential in order to stimulate economic entities to ensure innovative development, creation and generation of new knowledge and the establishment of a knowledge-based economy.In this paper, we assessed the effectiveness of using intellectual potential in the regions of Kazakhstan using the Data Envelopment Analysis (DEA) methodology, which is used as a technique to assess the effectiveness of the functioning of homogeneous objects in various socio-economic systems.This technique allows you to identify the strengths and weaknesses of the emerging high-tech economy across the country and allows you to evaluate the effectiveness of using intellectual potential in its regions in order to identify weaknesses and points for future growth.