F00 TECHNOLOGICAL INNOVATION AS A KEY FACTOR OF THE CLUSTER DEVELOPMENT
F00 TECHNOLOGICAL INNOVATION AS A KEY FACTOR OF THE CLUSTER DEVELOPMENT

Summary/Abstract: This article is devoted to determining the role of innovation clusters in assessing innovation activity in different countries. At the stage of modern economic development, technological innovation clusters can be considered one of the key elements of the innovation system, since the main task of their activity is the development and production of innovations. Innovation potential is one of the elements of the country's competitiveness, the innovative level of development of which plays a key role in the global economy. Based on this, it should be noted that innovation clusters are an effective tool for increasing competitiveness in countries such as Russia, Turkey, Brazil and India. The main indicator characterizing the significance of the activity of innovation clusters for the development of the innovation environment is their indicators. An important distinguishing feature of the cluster is its innovative focus. The most successful clusters are formed in countries with an advantage in technology and production technologies. In this regard, many economically developed and new market economies are increasingly using the "cluster approach" in the formation and regulation of their national innovation programs. It is also possible to influence the application of innovations in Azerbaijan through the creation and development of clusters.

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