Cluster Industrial Policies as Tools for Economic Development: The Metallurgical Cluster & Economic Development of East Kazakhstan Region

Abstract

Innovation performance attracts more and more researchers´ and policymakers´ attention. Today innovation is a key ingredient for rapid and sustainable growth of country. However, if the empirical studies of innovation performance are well discussed in developed countries, there are no many based on developing countries experience. One of the reasons is a low demand for such studies due to a poor quality of statistical data, which makes difficult to rely on (The World Bank. Global Statistical Strategy). Therefore, the research results and conclusion of our study are introduced with some adjustments, taking into account the data imperfections. To fill this research gap was the main motivation of this study.