Volume 1 number 3 (04)

Original research

ASSESSMENT OF REGIONAL INNOVATION ACTIVITY

Pages 97-112

DOI 10.61552/JAI.2024.03.004

Arzu Huseynova, ORCID Ramil Guliyev, ORCID Arzu Suleymanov, ORCID Olga Ostrovskaia


Abstract The purpose of the article is to assess innovation activity taking into account the role of innovation in the economic development of the region. As the object of the study, the authors took 10 economic regions, grouped according to their economic characteristics on the territory of Azerbaijan. This paper reviewed international experience in assessing innovation activities taking into account regional characteristics. In the article, as a result of the analysis of the factors determining innovative activity, factors suitable for Azerbaijan were selected. The region's innovative activity was assessed taking into account international criteria for calculating the innovation index. As a result, it can be used when calculating the innovation index of the Republic of Azerbaijan, when assessing regional economic development based on the innovation factor.

Keywords: Innovation activity, regional innovation system, innovation factor, evaluation criteria, regional innovation index.

Recieved: 13.04.2024. Revised: 14.06.2024. Accepted: 22.07.2024.