Akademik Məlumat İdarəetmə Sistemi
Economic and Social Development: Book of Proceedings, pp.811-819, 2021 (Peer-Reviewed Journal)
ABSTRACT In the article, the authors considered some issues of the development of the digital economy and the introduction of innovations in Azerbaijan. Based on the analysis of the State Programs and Decrees of the President of the Republic of Azerbaijan, the authors of the article noted the need to prepare measures to create legal, technical, organizational and financial conditions for the development of the digital economy in our country; revealed the concept and advantages of the digital economy and emphasized the impact of ICT technologies on the development of innovative economy of Azerbaijan. The coronavirus pandemic has forced humanity to expand the capabilities of information technology in practice and created the need for innovation in all areas of the economy. The authors of the article come to the following conclusions: the implementation of key government programs, the introduction of new technologies and business models requires a quick response to technological and economic failures and crises; the need to develop digital skills, since any technological breakthrough requires a highly skilled workforce. To accomplish all of this, the authors note that it is essential to invest in educational platforms, achieve rapid development of digital economy skills across the country, train and upgrade the skills of the workforce, implementing a model such as lifelong learning.