Development of the innovation system infrastructure of Kazakhstan in the context of the knowledge-intensive economy

Abstract

Relevance. The modern conditions of post-industrialism in the sphere of economic relations are influenced by some factors, in particular, institutional changes and the challenges of globalization. In turn, this is characterized by a new format that has an organizational and institutional focus. Purpose. This research aims to elucidate the distinctions between the terms “institute” and “institution” within the context of the innovation economy. Methodology. The study draws on theoretical and methodological foundations rooted in the national innovation system, synthesizing insights from foreign and domestic scholarship. Employing a system-structural and functional approach Results. The research unveils a sequential hierarchy of institutional definitions, revealing inherent differences between “institute” and “institution”. It proposes a classification of institutions based on eight criteria, offering a nuanced understanding of institutional dynamics within the innovation economy. Notably, it introduces the concept of temporary and permanent institutions, elucidating their roles in periods of systemic modernization and legislative evolution. Conclusions. The study underscores the necessity for clarity in conceptualizing institutional terms, particularly within the realm of institutionalism.