INNOVATIVE CRITERIA OF COMPETITIVE ECONOMIC DEVELOPMENT OF ENTREPRENEURIAL ACTIVITY IN MANUFACTURING INDUSTRY
Journal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.1, No. 11)Publication Date: 2018-03-15
Authors : Suleymanov Gazanfar Salman Karayev Rafik Humbat;
Page : 19-22
Keywords : financial stability; monetary policy; privatization; state ownership; relative ratio;
Abstract
The experience of developed countries in market relations shows that the basis of the economy is the entrepreneurial activity of the country. Sting, intelligence activity provides a healthy competitive environment in the country. That is, competition in the field of entrepreneurship stimulates the development of all production processes prior to consumption. Competitiveness in entrepreneurial activity is associated with the introduction of innovations and their implementation. Competitive economic development of entrepreneurial activity in the manufacturing industry directly depends on the innovative development of the industry and its effective work. Innovative progress plays an important role in the economic development of the country's economy, including in the processing industry. The countries leading in this area have the opportunity to influence the improvement of the economic process.
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