Pages: 185-191
Published: 30.07.2018
Abstract: The problems and questions on the methodological features of the innovative development of the non-oil sector of the economy of Azerbaijan in the current conditions are discussed in the article. For this purpose, the essence and content of innovative development, the innovation of the economic system are analyzed. The role and importance of the innovation function for the modernization and renewal of the basic mechanisms of individual sectors of the country's economy are considered. The importance of accelerating the innovative development of the non-oil sectors of the Azerbaijani economy in the context of reducing the level of dependence of the country's economy on the oil factor is substantiated. The role of innovative mechanisms to ensure the intensification of the development of non-oil sectors and increase their investment attractiveness are considered. A block diagram of the methodological principles and features of the innovative development of the non-oil sector of the economy of Azerbaijan is prepared in the current conditions. A number of proposals and recommendations on the methodological features of the innovative development of the non-oil sector of the economy of Azerbaijan in the current conditions are summarized and given.
Key words: the non-oil sector of the economy of Azerbaijan, the methodological features of innovative development, the development of the non-oil sector of Azerbaijan's economy in the current conditions, the role of innovative development in the modernization of the country's economy, the importance of innovative development in applying high technology and innovative functions.
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