JOURNAL OF ECONOMIC AND SOCIAL DEVELOPMENT, vol.1, no.1, pp.228-237, 2020 (Peer-Reviewed Journal)
The article discusses the influence of innovative
development factors on improving human assets in Azerbaijan. The author
assesses the socio-economic reforms that have been carried out in our country
and shows that the transition to an innovative type of development is currently
very relevant in Azerbaijan. This is due to several factors. First of all, it
is necessary to increase the number of producers of innovative products, to
give preference to the behavior of consumers of innovative products and to
strengthen the interaction between manufacturers and consumers of innovative
products. The author notes that for the implementation of this it is important
to create the National Innovation System. However, the article reveals a number
of factors that impede the creation of the National Innovation System, without
elimination of which it will be impossible to create this system in our
country.
Keywords: human capital, information society, innovation, innovative
economy, socio-economic reforms.