Science, Technologies, Innovations №4(36) 2025, 41-46 р

http://doi.org/10.35668/2520-6524-2025-4-04

Salehzadeh Gulchohra Saleh — Head Teacher, Azerbaijan State University of Economics (UNEC), 6, Istiglaliyyat Str., Baku (Azerbaijan), AZ1000; gulchohra.salehzada@unec.edu.az; ORCID: 0000-0002-9434-4810

INNOVATION-DRIVEN DEVELOPMENT IN AZERBAIJAN: STIMULATING ECONOMIC GROWTH VIA HIGH TECHNOLOGIES

Abstract. The acceleration of digital transformation has become a fundamental driver of economic modernization, particularly in countries seeking to strengthen their innovation capacity and global competitiveness. This study explores the role of high-tech industries in enhancing Azerbaijan’s national innovation system and supporting the transition toward a knowledge-based economy. The research emphasizes the interplay between digital technologies, institutional reforms, and innovation policies that stimulate technology transfer and the commercialization of research results. Special attention is devoted to the development of digital infrastructure, the integration of Industry 4.0 solutions, and the creation of new platforms for innovation-driven entrepreneurship. The findings suggest that the expansion of high-tech sectors not only contributes to economic diversification but also fosters sustainable growth, improves governance efficiency, and reinforces Azerbaijan’s strategic positioning in the global digital economy.

Keywords: innovation-driven development, high technologies, economic growth, Azerbaijan, national innovation system, digital transformation, technology transfer.

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