Impact of innovative development on state regulation of the national economy: comparative data of former USSR countries
ENToday, a lot of work is being done to overcome the technical and technological gap with developed countries, despite some local achievements, which requires a large-scale technical and technological modernization of the economy. The lack of modern market relations, the low level of competition is one of the causes of technical and technological problems, which reveals the need to find our own way of the economy effective modernization. Therefore, it is advisable to consider the patterns of building an innovation market and the possibility of effective state intervention in this process. This article discusses the role of the state in innovative transformations, as well as 3 main factors of innovative changes: scientific developments, investment, productive forces. The data of Azerbaijan is analyzed in comparison with USSR former countries. The authors also consider not only the possibilities of the innovative potential of the national economy, the competitive advantages of former USSR countries, but also models of the country's innovative development that are acceptable to Azerbaijan. Key words: innovative development, technological support, investment of innovative projects, competitive advantages of former USSR countries, state regulation of innovative transformations, models of innovative development.
