Title: The effect of enterprise development and major industries on the national competitiveness of Kazakhstan

Authors: Jung-Wan Lee, Simon W. Tai

Addresses: Department of Economics and Management, Kazakh-British Technical University, 59 Tole Bi Street, Almaty 050000, Republic of Kazakhstan. ' Department of Finance, Bang College of Business, KIMEP, 2 Abai Avenue, Almaty 050010, Republic of Kazakhstan

Abstract: The paper examines relationships between enterprise development and major industries, and the national economic growth of Kazakhstan by applying linear regression analysis to the ten-year time series data. Following the study results, the authors discuss various reasons for the contemporary enterprise development and major industries in the region, such as small business sector, information technology and telecommunications, and international trade sectors. The authors explore the implications for sustaining national economic growth and national competitive strategies, especially those concerning enterprise development and industrial policy.

Keywords: foreign direct investment; FDI; international trade; multi-national companies; enterprise development; industrial policy; national competitiveness; Kazakhstan; economic growth.

DOI: 10.1504/WREMSD.2008.016205

World Review of Entrepreneurship, Management and Sustainable Development, 2008 Vol.4 No.1, pp.19 - 30

Published online: 09 Dec 2007 *

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