Elmi xəbərlər İctimai və Texniki elmlər seriyası, vol.1, no.14, pp.127-133, 2024 (Peer-Reviewed Journal)
The article examines models of the innovation process and reveals the essence of each generation.
Here the stages of the innovation process are examined, and a classification of innovation processes
is also given. The economic growth model takes into account the technology to stimulate production,
as well as current investments.