Zaira Satpayeva
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Management of successful technology transfer in agriculture: The case of Kazakhstan
Rui Dinis Sousa
,
Ainur Boranbayeva
,
Zaira Satpayeva
,
Amina Gassanova
doi: http://dx.doi.org/10.21511/ppm.19(3).2021.40
Problems and Perspectives in Management Volume 19, 2021 Issue #3 pp. 488-501
Views: 1570 Downloads: 661 TO CITE АНОТАЦІЯProgress of agriculture is becoming increasingly reliant on the successful application of technology. However, many developing countries depend on technology transfer from other countries to be utilized in large and complex projects in agriculture. This study intends to identify strategic directions for successful technology transfer in developing countries’ agriculture with Kazakhstan as a case study. A SWOT analysis was conducted using Internal Factor Evaluation, External Factor Evaluation, Strategic Position and Action Evaluation, and Quantitative Strategic Planning matrices as analytical methods, based on primary data from interviews and secondary data from reports. With a weight of 52%, opportunities prevail in external factors, with emerging good geographical position, land area latitude, and participation in economic integrations as the most significant ones. On the other hand, internal factors such as emerging low skills in agricultural innovation, insufficient resources in agriculture, old technologies and worn-out equipment, and lack of mechanisms for effective adaptation of foreign technologies to local conditions are indicated as weaknesses, with the percentage of 82%. This study includes twenty-six strategies that were specially designed for technology transfer, and nine of them are considered the most relevant in overcoming internal weaknesses by exploiting external opportunities. Promoting agriculture in an innovative direction, expanding the resource base necessary for technology transfer, and increasing sources of funding for the transfer of technology and the R&D expenditures in agriculture make a top 3 of these strategies. These results will be of interest for policymakers in decision-making on technology transfer in agriculture.
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Managing research and development process in conditions of economic growth of Kazakhstan: Methods and analysis
Anel Kireyeva
,
Dana Kangalakova
,
Anna Kredina
,
Zaira Satpayeva
,
Marat Urdabayev
doi: http://dx.doi.org/10.21511/ppm.19(3).2021.16
Problems and Perspectives in Management Volume 19, 2021 Issue #3 pp. 185-196
Views: 1574 Downloads: 610 TO CITE АНОТАЦІЯThis study aims to assess the relationship between R&D and economic growth in terms of their ability to understand R&D management. In the paper, the algorithm of actions was used, which allows ensuring interconnection, sequence of work, validity of the choice of the methods used, and defining key factors over a long period. The following methods of the empirical study were used: analysis of the provision of level development; regional analysis of the data; correlation analysis. Based on correlation analysis the impact of economic growth on R&D was investigated, which is expressed by such variables as the number of organizations engaged in R&D, internal expenditures in R&D, expenditures for technological innovations, number of employees in R&D. The data were obtained from the World Bank, the Eurasian Economic Union, and the statistical yearbook of Kazakhstan for 2009–2019. The results obtained show that all determinants correlate not only with the GDP but with each other as well. According to the findings, viewing the GDP level, there is a positive and negative correlation link between such two factors as ‘the number of research organizations’ and ‘R&D technological innovations’. These coefficients of correlation between GDP and independent factors selected for the analysis are significant, i.e. they can significantly affect the value of the GDP. The obtained results are useful in formulating the R&D development management strategy.
Acknowledgments
This study has been funded by the Science Committee of the Ministry of Education and Science of the Republic of Kazakhstan (grant IRN AP08052800 “Intellectual potential of the regions of the Republic of Kazakhstan: assessment and development prospects”). -
Socio-economic inequality in Kazakhstani regions: Assessment and impact on regional development management
Umit Sermagambet
,
Zaira Satpayeva
,
Gulzhyhan Smagulova
,
Wieslaw Urban
,
Raikul Yessenzhigitova
doi: http://dx.doi.org/10.21511/ppm.20(3).2022.39
Problems and Perspectives in Management Volume 20, 2022 Issue #3 pp. 487-500
Views: 1661 Downloads: 534 TO CITE АНОТАЦІЯExcessive differentiation of socio-economic development of regions leads to the collapse of a single socio-economic space and the emergence of socio-economic inequality. This study assessed socio-economic inequality in Kazakhstan and its impact on regional development management. It analyzed interregional disproportion of socio-economic development of regions through the index approach using statistical data from the Bureau of National Statistics for 2011–2019. A comprehensive study of the socio-economic development of Kazakhstan and its regional differences employed the proposed index of social and economic development. It was revealed that Kazakhstan has a high level of interregional differentiation of socio-economic development, which indicates the existing socio-economic inequality, requiring the development of new and improvement of existing mechanisms to create an inclusive economy. There are significant gaps in socio-economic development between Kazakhstani regions. According to the proposed index, Kazakhstan is at the above-average level (42, B). From 2011 to 2019, the index was practically at the same level (39-42). The average social and economic development was shown by Almaty (61.1, B++), Nur-Sultan (59.9, B+), Karaganda (53.1, B+), and East Kazakhstan (51.0, B+). Low social and economic development was shown by Akmola (29.8, C+) and North Kazakhstan (22.4, C+). The difference in the socio-economic development of the regions is directly interconnected with the regional economic and social policy. According to the results, to implement state policy in inclusive development and overcome socio-economic inequality, respective measures should promote economic integration, including the mechanisms of regional, industrial, and research policy, comprising all levels of state regulation.
Acknowledgments
This study is supported by the Ministry of Education and Science of the Republic of Kazakhstan within the project “The science impact on Kazakhstan’s socio-economic development: methodology, assessment models and development scenarios” (IRN AP08052745). -
Assessment of the participation of women volunteers in the palliative care system in Kazakhstan
Anel Kireyeva
,
Gaukhar Kenzhegulova
,
Zaira Satpayeva
,
Zhansaya Imangali
,
Ainur Amirova
doi: http://dx.doi.org/10.21511/ppm.20(4).2022.36
Problems and Perspectives in Management Volume 20, 2022 Issue #4 pp. 483-495
Views: 2356 Downloads: 477 TO CITE АНОТАЦІЯWomen’s participation and the nature of assistance in the provision of social policies, especially in healthcare related to socially significant diseases, is becoming more prominent. The aim of this study is to develop proposals for streamlining the palliative care system in Kazakhstan based on the analysis of the influence of women volunteers on the process of public administration. The paper interviewed two groups of respondents: volunteers and workers (medical institutions and charity organizations employees). Atlas.ti software was used to analyze and construct specific feedback on the data received. The coding results revealed that women volunteers act as an intermediary between the state administration and the palliative care system. In addition, it was determined that the prominent participants in developing the palliative care system are hospitals and charitable foundations. In general, the contribution of women volunteers to financial assistance, organization of training and master classes for doctors in the field of oncology, and provision of additional beds for patients and consultations was revealed. Further, the state’s main shortcomings in organizing palliative care were identified: poor regional budgeting system, weak legislative system, and inadequate financing of hospitals. The findings imply that women volunteers should be given a higher status and included in the public administration structure, especially for different representations of the needs of minorities.
Acknowledgments
This study is funded by the Science Committee of the Ministry of science and higher education of the Republic of Kazakhstan (Grant “Priorities and mechanisms against rural women of Kazakhstan unequal access to the resources” No. AP14869297). -
E-government as a tool to improve the efficiency of public administration: The case of Kazakhstan
Shynar Orazgaliyeva
,
Zaira Satpayeva
,
Samal Tazhiyeva
,
Gulmira Nurseiytova
doi: http://dx.doi.org/10.21511/ppm.21(2).2023.53
Problems and Perspectives in Management Volume 21, 2023 Issue #2 pp. 578-591
Views: 1962 Downloads: 1065 TO CITE АНОТАЦІЯDigitalization contributed to the modernization of public administration, particularly e-government development. The purpose of this study is to determine the role of e-government in improving the efficiency of public administration in Kazakhstan. The research methods are comparative, economic-statistical, and qualitative content analysis. The sources of statistical data were the Bureau of National Statistics, the Committee of public services, the e-government portal, and reports of international organizations and national development institutions. The study determined that e-government is a modern paradigm of public administration that contributes to the efficiency of public administration; its development and efficiency are significantly influenced by financial, economic, technological, and legal factors. Kazakhstan has a high level of e-government development. The e-government development portal in Kazakhstan has contributed to improving public administration, especially during the pandemic. However, e-government requires further development, as its functioning has various issues (low degree of information relevance, insufficient portal filling, and low share of automated functions). At the same time, the readiness of public administration organizations for digital transformation is medium. The study proposes recommendations for Kazakhstan’s e-government development to improve public administration, mainly developing technological infrastructure and digital human capital. The results can contribute to the further e-government development in Kazakhstan and enrich the theoretical base in increasing the efficiency of public administration in the context of digital transformation.
Acknowledgments
This study is supported by the Science Committee of the Ministry of Education and Science of the Republic of Kazakhstan (Grant “Priorities and mechanisms of inclusive regional development of Kazakhstan in the context of overcoming the economic recession,” IRN AP09259004). -
Assessment of the population’s quality of life in Kazakhstan during COVID-19: The effectiveness of public policy
Amangeldi Mukayev
,
Zaira Satpayeva
,
Dana Kangalakova
,
Gulashar Doskeyeva
,
Eugenia de Matos Pedro
doi: http://dx.doi.org/10.21511/ppm.21(3).2023.06
Problems and Perspectives in Management Volume 21, 2023 Issue #3 pp. 69-83
Views: 1576 Downloads: 580 TO CITE АНОТАЦІЯThis study aims to determine the effectiveness of Kazakhstan’s public policy during the pandemic related to healthcare, education, and the financial situation of the population by assessing the population’s quality of life (QoL). The study proceeded from the assumption that the effectiveness of state measures can be assessed through the manifestation of citizens’ reaction to the ongoing public policy, i.e., satisfaction with its results. The source base was the Bureau of National Statistics and the Adilet information and legal base covering 2020–2021. During the pandemic, the population’s satisfaction with their material provision, health, education, and living conditions decreased but not critically. The population’s QoL in Kazakhstan is satisfactory. Satisfaction among rural residents with their life (70.7%) and conditions (63.7%) is higher than among urban residents (56.1% and 49.8%, respectively). One-third of the population reported improved well-being and only 6.5% reported a deterioration. The high number of citizens satisfied with their QoL indicates the effectiveness of Kazakhstani public policy. It is the result not only of the implementation of temporary anti-crisis measures of government through program, organizational, and economic mechanisms during the pandemic but systematic work on modernization of the social, medical, and educational systems from 2019. The practical value of the study is the development of recommendations for the development of public policy in the field of improving QoL and the development of anti-crisis management in Kazakhstan.
Acknowledgments
This study is supported by the Science Committee of the Ministry of Education and Science of the Republic of Kazakhstan (targeted funding program BR10965247 “Study of factors, features and dynamics of demographic processes, migration, urbanization in Kazakhstan, development of digital maps and forecasts”). -
Analysis of employment factors for university graduates in Kazakhstan
Aigerim Sekerbayeva
,
Saltanat Tamenova
,
Bulent Tarman
,
Dina Razakova
,
Zaira Satpayeva
doi: http://dx.doi.org/10.21511/ppm.22(2).2024.53
Problems and Perspectives in Management Volume 22, 2024 Issue #2 pp. 683-695
Views: 1502 Downloads: 466 TO CITE АНОТАЦІЯHaving a university degree provides only a slight advantage over those without higher education, making other factors crucial in determining a graduate’s employment prospects. This study aims to analyze the factors that affect the employment of university graduates and define opportunities for public administration and university management in Kazakhstan. A logistic regression model based on primary data was used to examine the impact of the availability of practical experience and jobs in their specialty, social connections, technology development, and entrepreneurship on the likelihood of employment. The survey was conducted in 2022 and involved 300 graduates of the 2020–2021 academic year from all regions of Kazakhstan. Findings show that personal connections (F3) and technology and entrepreneurship (F4) positively impact graduates’ job prospects. However, lack of experience (F1) and the limited number of job offers (F2) reduce employment likelihood. If a graduate responds with 3 points for F1, 7 for F2, 7 for F3, and 1 for F4, they are less likely to secure a job in their specialty within a year of graduation. The main practical value of this study is that university career centers can use this model to predict the likelihood of graduates being employed. Providing a sophisticated online platform and different analytics-driven career services, open access to administrative data on the labor market, and new programs for students’ job experience and entrepreneurship will prepare university graduates for a dynamic labor market and reduce the mismatch between education and employment needs.
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Public management of scientists’ potential as a source of economic development: A bibliometric analysis
Dana Kangalakova
,
Zaira Satpayeva
,
Makpal Nurkenova
,
Arailym Suleimenova
doi: http://dx.doi.org/10.21511/ppm.22(3).2024.45
Problems and Perspectives in Management Volume 22, 2024 Issue #3 pp. 593-605
Views: 906 Downloads: 457 TO CITE АНОТАЦІЯParticular hopes have always been placed on the potential of scientists because they can act as a driving force for effective government. Understanding the importance of scientists ensured progress and prosperity for leading civilizations. This study aims to identify an evolutionary-chronological, geographical, and contextual scientific landscape of the development and management of the potential of scientists through a comprehensive bibliometric analysis. Initially, 5619 publications in the Scopus database were selected from 1957 to 2023. The evolution of knowledge about the importance of public administration of scientific personnel began in 1957 and reached its peak in 2019. Authors from the USA, Great Britain, and Australia have published more about the significance of managing the potential of scientific personnel, and strong schools of knowledge about scientific personnel are concentrated in the USA, France, Canada, and Australia. The analysis of the research’s conceptual orientation shows that publications in environmental and social sciences dominate this sphere. In addition, the bibliometric analysis results show that public management of scientific personnel will bring benefits such as effective government policy decisions, increased innovation activity, commercialization, and improvement of the population’s social life. The results of this study lay the foundation for future research that should improve the management of scientific personnel’s potential.
Acknowledgments
This study is supported by the Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan (AP19579256 “Mechanisms for empowering women in scientific activity in the interests of the development of the innovative economy of Kazakhstan”, 2023–2025). -
Challenges of Ph.D. training in social sciences and humanities in Kazakhstani universities
Zaira Satpayeva
,
Dana Kangalakova
,
Tolkyn Kakizhanova
,
Kristina Konstantinova
doi: http://dx.doi.org/10.21511/kpm.09(1).2025.01
Knowledge and Performance Management Volume 9, 2025 Issue #1 pp. 1-15
Views: 1757 Downloads: 692 TO CITE АНОТАЦІЯThis study aims to identify challenges in the training of scientific personnel in the field of social sciences and humanities at the doctoral level in Kazakhstan. It proceeds from the assumption that successful completion of a Ph.D. program is conditioned by internal and external factors that influence the educational process and may lead to challenges in Ph.D. thesis defense. The study employs an explanatory-sequential approach within a mixed-methods design, incorporating economic-statistical, regression, and content analysis. Data were gathered through questionnaires from 61 current students and graduates of Ph.D. programs in the social sciences and humanities. Findings indicate that having a job made it more challenging for respondents to study and complete their Ph.D. programs, as employment requires time and effort; however, the additional monthly income besides scholarship helped reduce financial stress, thereby supporting their academic progress. Women found studying easier than men, while married respondents experienced fewer challenges than single ones. Although 36.1% of respondents expressed high satisfaction with Ph.D. training quality, the majority reported challenges, with 65.65% noting issues in the educational process, 52.5% identifying problems in scientific supervision, 33% raising concerns about teacher qualifications, and 25% highlighting infrastructure needs. Key factors influencing Ph.D. completion rates included an unstable study environment, characterized by frequent changes in regulations, and students’ difficulties in meeting government-imposed requirements, especially publication in a Scopus database journal. The study’s practical value is developing measures to enhance Ph.D. thesis defense rates by improving admission requirements, restricting external employment, increasing supervisor accountability, and adjusting publication standards.
Acknowledgments
This research has been funded by the Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan (AP19680246 “Building up highly intelligent human resources in the conditions of digitalization of the economy of Kazakhstan: problems and prospects”, 2023–2025) and supported the Oxus Society for Central Asian Affairs (program “Advancing data-driven solutions by strengthening partnerships between the scientific, academic and civil sectors in Central Asia”, 2023–2024). -
Trends and research networks in greening business: A bibliometric analysis
Dana Kangalakova
,
Zaira Satpayeva
,
Makpal Nurkenova
,
Gulnara Nyussupova
doi: http://dx.doi.org/10.21511/ee.16(1).2025.08
Environmental Economics Volume 16, 2025 Issue #1 pp. 102-113
Views: 2042 Downloads: 644 TO CITE АНОТАЦІЯBusiness development contributes to the sustainable economic development of the country while also leading to significant environmental changes at the global level. The greening of businesses is becoming a priority area of strategic management for companies, considering the growing environmental challenges and the need to move toward sustainable business models. This study aims to identify the historical, evolutionary, spatial, and conceptually scientific landscape of greening businesses through bibliometric analysis. The study analyzed 660 sources in the Scopus database from 1992 to 2024. The use of VOS Viewer software and the Scopus analysis tool has shown that greening business research has been of interest among many authors and is a growing trend. The rapid growth of publications from 2019 to 2024 shows its significance to many government agencies, business people, investors, and researchers. The growing number of scientific studies in economics, management, and ecology indicates a growing scientific focus on the problems of greening businesses. The United States occupies a leading position in research volume, while the United Kingdom and China emphasize their significant contribution to developing this concept. A comprehensive analysis of scientific publications identified seven key clusters reflecting the directions of modernization of environmental business. These include green technologies, green finance, and an economy focused on the environmental transformation of businesses. The dynamics of publication activity in these fields of science confirm the relevance of the concept of eco-friendly business and its significant potential for further scientific research and practical implementation.
Acknowledgments
This study is supported by the Committee of Science Ministry of Science and Higher Education of the Republic of Kazakhstan [Grant BR21882122], Sustainable development of natural-industry and socio-economic systems in the West Kazakhstan region in the context of green growth: comprehensive analysis, concept, forecast assessments, and scenarios. -
Sustainable industrial development of Western Kazakhstan’s regions
Zaira Satpayeva
,
Dana Kangalakova
,
Farida Alzhanova
,
Aigerim Sekerbayeva
doi: http://dx.doi.org/10.21511/ppm.23(2).2025.50
Problems and Perspectives in Management Volume 23, 2025 Issue #2 pp. 691-709
Views: 1527 Downloads: 503 TO CITE АНОТАЦІЯThe Lima Declaration established the basis for inclusive and sustainable industrial development, emphasizing industry as a driver of progress. This study aims to analyze the sustainable industrial development of the regions of Western Kazakhstan. Using a comparative approach and Sustainable Development Goal framework, an economic-static analysis was performed on data from the Bureau of National Statistics and the National Bank of the Republic of Kazakhstan for 2010, 2015, and 2019–2022 to evaluate the state and trends of structural shifts in the sectors forming the gross regional product, as well as the development dynamics of the manufacturing industry. The study revealed that the technological structure of industry in Western Kazakhstan is dominated by the IV technological paradigm (76–82%). The manufacturing industry accounts for 11.79% of gross domestic product and is characterized by a low share of gross value added of medium- and high-tech industries in the gross regional product (0.24–1.45%). Despite the steady growth of manufacturing development indicators, only the Aktobe region demonstrates high potential for sustainable industrial development, while the West Kazakhstan and Mangystau regions have medium potential, and the Atyrau region has low potential. In these regions, sectors such as mechanical engineering, pharmaceutical and chemical production, electrical equipment, computers, and electronic and optical products have significant development potential. An important direction in sustainable industrial development in these regions could be establishing strict environmental standards, the digital transformation of mining enterprises, the transition to low-carbon sources, increasing intellectual potential, and human capital development.
Acknowledgments
This study is supported by the Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan (BR21882122 “Sustainable development of natural-economic and socio-economic systems of the West Kazakhstan region in the context of green growth: comprehensive analysis, concept, forecast estimates and scenarios”). -
Digital transformation readiness of Kazakhstani enterprises: Mapping regional and sectoral capacities
Zaira Satpayeva
,
Zhanibek Bekmurat
,
Tunç Medeni
,
Dana Kangalakova
,
Liangliang Xue
doi: http://dx.doi.org/10.21511/ppm.23(3).2025.12
Problems and Perspectives in Management Volume 23, 2025 Issue #3 pp. 161-175
Views: 548 Downloads: 300 TO CITE АНОТАЦІЯType of the article: Research Article
Abstract
Digital transformation is a key factor in the competitiveness of enterprises in the modern world. The study aims to analyze the readiness of enterprises in Kazakhstan for digital transformation at the regional and sectoral levels. The main research method was statistical analysis based on an index approach using data for 2023 from Kazakhstan’s Bureau of National Statistics, reflecting the digital readiness and digital maturity of enterprises. According to the findings, in Kazakhstan, the level of readiness of enterprises for digital transformation is heterogeneous both in regional and sectoral terms. Kazakhstani enterprises are characterized by a high level of basic digital readiness (81.4% of enterprises had computers, 79.5% – Internet access), an unsatisfactory level of advanced digital readiness (5.6% of enterprises had IT-specialists, 1.1% – own data centers, 3.1% – implemented business processes innovations in information and communication systems), and digital maturity (26.5% of enterprises had Internet resources, electronic invoices – 79.1%, automated internal business processes – 16.7%, cloud computing – 11.0%, big data technologies – 1.9%, and RFID technologies – 1.1%). A digital gap in the readiness of enterprises for digital transformation was revealed between the leading (Almaty and Astana cities, Atyrau, and Karaganda regions) and lagging (Mangystau, Turkestan, and Kyzylorda regions) regions, and between the sectors, where enterprises in industry, trade, information and communication, hospitality and healthcare are significantly ahead of enterprises in agriculture, construction, and real estate. It is advisable to make more active use of innovation infrastructure facilities to increase the digital potential of enterprises.Acknowledgments
This research has been funded by the Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan (IRN 19680544 “Innovation infrastructure of Kazakhstan in the context of digitalization: assessment of the state and development of an atlas”). -
Formation of highly intelligent capital at the expense of government spending: Economic effect for Kazakhstan
Dana Kangalakova
,
Olzhas Adilkhanov ,
Dinara Mukhiyayeva
,
Sharbanu Turdalina ,
Zaira Satpayeva
doi: http://dx.doi.org/10.21511/kpm.09(2).2025.05
Knowledge and Performance Management Volume 9, 2025 Issue #2 pp. 54-63
Views: 314 Downloads: 176 TO CITE АНОТАЦІЯType of the article: Research Article
Support for the education system is a strategic measure that ensures the long-term development and growth of a country’s economy. Increased funding in this area enables the training of qualified specialists who can adapt to the challenges of the modern economy. In this regard, the purpose of this study is to assess the impact of government spending on education to generate highly intelligent human capital on economic growth in Kazakhstan from 2009 to 2023 using the least squares method, which includes components of government spending on education, as well as the GLS random effects model, which is used to determine the reliability of results. The results show a strong relationship between economic growth and government spending on secondary technical education (0.2393), a moderate relationship between higher education spending (0.0423) and economic development, and a weak relationship between primary education (–0.0050) and economic growth. Thus, a 1-point increase in expenditures for secondary technical education may lead to a 0.2393% increase in GRP, and a 1-point increase in government spending on higher education will lead to a 0.0423% increase in GRP. However, a significant share of government spending is on basic primary education (58%). Based on this, the financing of the education system requires a shift in the financing vector, with a greater focus on higher and secondary technical education, to achieve a more significant impact on economic development.
Acknowledgments
This research is supported by the Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan (AP19680246 “Building up highly intelligent human resources in the conditions of digitalization of the economy of Kazakhstan: problems and prospects”, 2023–2025). -
Trends of artificial intelligence-driven enterprise management development: A bibliometric analysis
Liangliang Xue
,
Zaira Satpayeva
,
Dana Kangalakova
,
Ercan Ozen
doi: http://dx.doi.org/10.21511/ppm.23(4).2025.01
Problems and Perspectives in Management Volume 23, 2025 Issue #4 pp. 1-12
Views: 438 Downloads: 99 TO CITE АНОТАЦІЯType of the article: Research Article
Abstract
Artificial intelligence (AI) has become the most eye-catching new technology in recent years, and its application is driving the transformation of enterprise management. In order to cope with the impact of new technological changes and address key issues affecting enterprise management development, it is necessary to research and clarify the basic relationship between the application of AI and the development of enterprise management. This study aims to analyze the current situation and future development direction of AI-driven enterprise management through bibliometric analysis. Scopus and Web of Science data from 2014 to July 2025 were analyzed to explore the evolutionary time, geography, and scientific landscape of this topic. The findings contribute to understanding AI’s driving role in enterprise management development. The analysis reveals exponential growth in research output on AI-driven management, accompanied by a decreasing growth rate of publications on AI-driven enterprise management since 2021. The important factors that affect research output are population and total GDP. China, the United States, and India were identified as the leading contributors, with significant research activity in this field. Keyword analysis indicates that the thematic focus is becoming more technical and universal. Thematic analysis highlights that human resource management, financial management, supply chain management, and operational decision-making are the main aspects of AI-driven enterprise management, accounting for 94% of the total number of publications. The study proposes a new direction for the development of AI-driven enterprise management, including department integration, cognitive convergence, and ethical and social responsibility.Acknowledgments
This research has been supported by the Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan (IRN 19680544 “Innovation infrastructure of Kazakhstan in the context of digitalization: assessment of the state and development of an atlas”). -
Impact of artificial intelligence applications on enterprise market value: Evidence from Chinese enterprises
Liangliang Xue
,
Zaira Satpayeva
,
Altynay Tyulkubayeva
,
Dana Kangalakova
doi: http://dx.doi.org/10.21511/imfi.22(4).2025.24
Investment Management and Financial Innovations Volume 22, 2025 Issue #4 pp. 303-317
Views: 103 Downloads: 51 TO CITE АНОТАЦІЯType of the article: Research Article
Abstract
The application of artificial intelligence (AI) in enterprises presents new opportunities for growth in their market value. This study aims to evaluate the impact of AI applications in enterprises on the growth of enterprise market value and the transmission mechanism of these impacts. Using an enterprise AI application level as the independent variable, a regression model is constructed to analyze the long-term and short-term market value of the enterprise. This study uses relevant data from Chinese listed companies from 2014 to 2023 for analysis. Findings show that for every 1% increase in AI application level, the enterprise market value increases by 0.03% and the enterprise value multiple increases by 0.44%. Increasing the level of AI application in enterprises will enhance their ability to implement low-carbon measures and investors’ expectations of corporate profits, thereby increasing the market value of enterprises. High-quality talent within the enterprise and market share can enhance the impact of these two mechanisms. The application of AI in enterprises has different impacts on different industries and companies of different sizes. This study provides new empirical evidence for enterprise market valuation.Acknowledgments
This research has been funded by the Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan (IRN BR28713593 “Sustainable development of Kazakhstan’s economy in the context of new сhallenges: foresight, strategies and scenarios of modernization, institutions”).
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- academic degree
- agriculture
- anti-crisis management
- artificial intelligence
- bibliometric analysis
- business performance
- digitalization
- digital maturity
- digital readiness
- digital strategy
- digital technologies
- doctoral study
- dropout level
- e-participation
- economic development
- economic growth
- education
- educational process
- employability
- employability factors
- enterprise
- enterprise management
- entrepreneurship
- environment
- expectation
- financial management
- financial situation
- government
- government services
- government spending
- green economy
- health
- healthcare system
- highly intelligent human capital
- human resource management
- industrialization
- industry
- information and communications technology
- innovation
- international technology transfer
- interregional differentiation
- investment
- Kazakhstan
- labor market
- life satisfaction
- low-carbon
- management
- management issues
- manufacturing industry
- market share
- market value
- new technology
- oil-based economy
- operational decisions
- palliative
- pandemic
- Ph_D_ program
- Ph_D_ thesis defense
- postgraduate education
- public administration
- public management
- region
- research and development
- safety
- science
- scientific personnel
- scientists
- social policy
- socio-economic development
- strategies
- strategy
- supply chain management
- sustainability
- sustainable development
- Sustainable Development Goals
- SWOT analysis
- technological paradigm
- technologies
- technology
- territorial disproportions
- unemployment
- university career center
- volunteer
- youth
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