Author(s): Almakul Abdimomynova, Gulshat Duzelbaeva, Ulzhan Berikbolova, Akmaral Baimakhanova, Akzhan Karbozova, Akmaral Mukhtarova
The economic efficiency of the interaction between business and the state is ensured through the balance of the state policy for the development of human potential in entrepreneurship and innovative development based on increasing the competitiveness of the state economy. The urgency of the research is associated with the development of a public strategy for increasing the competitiveness of entrepreneurship in the context of the integration into the global economic space and strengthening the role of effective entrepreneurship education. The purpose of the study is to promote the economic development of small and medium-sized enterprises through the development of state regulation of the education system and the acquisition of the competencies required by the industry. We used the expert assessment method and the expert-ranking technique to reveal the importance of the level of education and the choice of competencies in relation to the level of entrepreneurship development. We analyzed the dynamics of the regional development of small and medium-sized enterprises in Kazakhstan. The main consequences of the policies aimed at supporting SMEs and the development prospects are reflected in the study. Thus, ensuring the competitiveness of small and medium-sized enterprises should become one of the priorities of the state policy aimed at achieving a high level of social and economic development of the region and increasing the welfare of the population. The practical relevance of the study is the development of an economic policy strategy to increase the competitiveness of small and medium-sized businesses through improving the quality of entrepreneurship education and the establishment of a partner relationship between the state and business. Further research can be aimed at developing social sustainability in developing countries based on the best international practices.