Improving the Institutional Environment of The Innovation Economy in Azerbaijan

Abstract

The author's model of the institutional environment of innovative economy is given, the innovation processes and infrastructure institutions at the current stage of formation of innovation economy of the Azerbaijan Republic are being analyzed, and the main problems in development of elements of the institutional environment are identified. Suggestions are related with the possible ways to improve the existing institutional environment of the innovation economy in Azerbaijan.

Keywords

• innovation economy
• institutional environment
• national innovation system
• i̇nnovasyona dayalı ekonomi
• kurumsal çevre
• ulusal inovasyon sistemi