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Tural Novruz Ismayilzadeh
Baku State University

THE PROCESS OF DEVELOPING SOCIAL INNOVATIONS 
IN AZERBAIJAN AND ITS PERSPECTIVES
(Theses)
Intensive development of production and the application of innovative technical processes contributed to the reduction of the time for innovation cycles; also acceleration is observed for the tempo of updates, developed technologies and manufactured products. [1]
The available system of priorities regarding the budgetary funds of enterprises and organizations involved in innovative activities is currently not effective. Their fundamental bases are underestimated in terms of the development of the components of an innovation system. 
In case of crisis circumstances, funds are allocated from the state budget to finance applied studies that will not be competitive in the domestic and foreign markets. Unfortunately, the lack of mechanisms for determining the priorities for scientific and technological development by the government, as well as the lack of methodological criteria for an objective assessment of the activities of various scientific organizations do not make it possible to direct resources to support national scientific institutions and organizations involved in innovative activities.


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