Socio-economic aspects of sustainability-led innovation of Kazakhstan1

Abstract

The surge of industrial capitalism has successfully lifted billions out of poverty,
extended human lives, and connected a global community. Our societies now confront existential
questions about ecological safety and social equity that arise with that success. The challenge
of sustainability – carving out “a safe and just operating space for humanity” on a planet with
finite resources – is the defining issue of the 21st century. The article examines the theoretical
and methodological provisions of sustainability-led innovation. The purpose of this article is to
analyze the current level of achieving sustainable development goals in the Republic of Kazakhstan
based on the socio-economic aspects of sustainability-led innovation. To assess the impact of
sustainability-led innovation on the socio-economic development of the Republic of Kazakhstan, a
correlation-regression analysis was carried out within the framework of the research. On the basis
of the study, the authors provide recommendations for ensuring the development of sustainabilityled innovation.