FORMATION OF A SYSTEM FOR STIMULATING MODERNIZATION AND THE ENVIRONMENT FOR ITS ACTIVITIES IN THE NON-OIL SECTOR OF INDUSTRY

The article analyzes the problem of creating and organizing the processes of forming a system for stimulating modernization and the environment for its activities in the non-oil sector of industry. The legal base, possible financing conditions and the directions of state support of non-oil sector of the industry are analyzed. The measures envisaged for the modernization, development of local brands, the application of international standards by industrial enterprises and obtaining international quality certificates are examined, the incentives for creating associations in various industries are studied. The role of international funds and their influence on the development of the non-oil sector of the economy was studied. The effectiveness of this kind of cooperation mainly depends on the degree of intensity of the parties. Is analyzed the importance of industrial parks in modern economic conditions. The background and the main stages of the creation of industrial parks in Azerbaijan were identified. And The main and competitive features of technology parks, the conditions and benefits from the investments of each project participant were determined. Proposals, the implementation of which will contribute to improving the functioning of industrial parks and ensuring their positive impact on the development of the national economy. Was determined that the creation of industrial parks contributes to the improvement of the investment climate, the realization of a whole range of innovative opportunities and the provision of a healthy competitive environment for business. All modernization processes in Azerbaijan are encouraged by the state, regulating taxes on industrial production and strengthens the resource potential in the near and medium term. Today, industrial parks provide an opportunity to carry out a serious technological revolution in the republic, to attract «smart» investments that will be directed to the development of technologies and the modernization of the national commodity producer. The main results of the creation of industrial parks in Azerbaijan can be: investment attraction; increase in tax revenues to the budget; the creation of new jobs; the creation of environmentally friendly industrial production; inhibition of educational and labor migration of the population, etc. Next, we consider a system for stimulating modernization in the non-oil sector of the industry by the example of «Azersun», «Atena», «Milla».