Science technology innovation №1(5) 2018, 43-50 p

Dzhavadov Khalid Ramiz ogly — PhD student, Institute for Scientific Research on Economic Reforms (ISRER) under the Ministry of Economy of the Republic of Azerbaijan, Azerbaijan, AZ1011, Baku, 88a, H. Zardabi Av.; (+994) 12 433-65-99, (+994) 51 304-57-47, xalidcavadov88@gmail.com

THE ROLE OF REGIONAL INNOVATION INFRA STRUCTURE IN THE DEVELOPMENT OF ENTREPRENEURIAL ACTIVITIES IN THE INDUSTRIAL SECTOR

Abstract. The formation of innovative infrastructure for the next decades will become the basis for the development of the national economy. To form a national innovation infrastructure, it is important to form a regional innovation infrastructure and coordinate it at the national level. An innovative infrastructure will create much more benefits for fewer resources. Innovative infrastructure, being the main engine of innovation, makes the economic value even more sustainable. The demand for innovative infrastructure is consistently formed by reducing natural resources, increasing competition, more cost-effective systems, economic security, protecting the environment, updating the technological systems created over the years and creating the necessary environment for innovative entrepreneurship and innovation of human resources. The basis of the new economic system is more active and innovative entrepreneurial activity, and the industrial sector has become a central place for a more active dissemination of innovations.

Keywords: national innovation system, small and medium-sized enterprises, innovative infrastructure, regional innovation system, innovative ecosystem, regional innovation infrastructure.

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