Abstract:
The article presents the results of research of tendencies of development of domestic small and medium-sized
businesses, assessed in comparison with other countries. Comparative analysis of the development of the
SME sector of Kazakhstan and other countries shows noticeable gap in our country on such indicators as the
contribution of SMEs to GDP and employment. World experience shows that if the state wants to develop
dynamically and steadily, its socio-economic programs should always include measures to stimulate small
and medium business. The experience of foreign countries shows that the main financial instrument of the innovation
policy in SMEs is the use of state budget funds, although the indirect tool of state support for research
and development through tax incentives is also important. Thus, the leading role of the state in the development
of the innovation process should manifest itself not only in direct funding, but tax incentives and
high-tech business, and in encouragement of investment in high-tech industry. The role of small business innovation
is determined by such important aspects as a contribution to the production of GDP, the impact on
the structure of the economy, creating a competitive environment, the growth of effective demand, the development
of scientific and technological progress, as well as in solving social and political problems. In the current
difficult situation it SMEs can act as a stabilizer, and therefore entitled to the appropriate attention of society
and state.
