Development Of Innovative Infrastructure In Azerbaijan
Development Of Innovative Infrastructure In Azerbaijan

Summary/Abstract: The article discusses the development of innovation infrastructure in Azerbaijan. It is noted that in recent years, investment and the involvement of modern technologies in the creation and development of industrial parks in the country have created conditions for sustainable development of the non-oil sector, increased the production of competitive products in the country. At the same time, it is noted that the country is currently experiencing a period of active innovation. It is shown that the growth of innovation activity is directly related to the development of innovation infrastructure. The development of innovation-oriented entrepreneurship, in particular, promotes economic diversification by ensuring the diversification of the economy, increasing the competitiveness of products, meeting consumer demand from local raw materials, increasing the mobility of the economically active population and creating employment. It is noted that it is important to attract foreign investment for the innovative development of industry in the country. The article concludes with proposals for the innovative development of entrepreneurship.

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