DEVELOPMENT OF INNOVATIONS IN AZERBAIJAN: SPECIFICITY AND PERSPECTIVES

Nowadays there is a transition to the innovative type of economic development worldwide. In globalization conditions this process has different rates and forms which distinguished in different countries and regions. The characteristics and problems of innovative economic development in Azerbaijan, i.e. country which reached the state sovereignty recently, but achieved the significant results in the national economic construction, are described in our article. Practical activities on entry into the mainstream of innovative economic development in Azerbaijan have a number of specific features that can attract the attention of specialists in innovative sphere.