Technological Modernization of Kazakhstan In the Face of Global Challenges

The paper investigates the level of technological modernization in Kazakhstan. Technological progress and modernization, as well as the accompanying them knowledge, are the main drivers of the modem economic growth. A new economic reality is impossible without increasing the innovative component, as a factor of competitiveness of domestic enterprises and the country as a whole. Countries with developed economies demonstrate a high activity of innovative processes, where technological innovations are transformed into a determining factor of economic growth and social development of society. The analysis may he of interest to the different governments of developing economies like Kazakhstan in terms of choosing the necessary strategies.