Abstract
The main purpose of the study is to analyze the socio-economic and demographic aspects of human potential development in Azerbaijan. The work is based on the methods of evaluation, structural-logical, historical and comparative analysis, synthesis, induction and deduction. The place and role of human potential in the system of social innovations as an important factor of innovative development of the country are revealed, characteristic features and effective mechanisms of economic management are revealed. It is stated that the human development index, calculated on the basis of indicators of education, average life expectancy and standard of living of the population, is directly related to the socio-economic and demographic development of the country. There is an urgent need to study the demographic and socio-economic aspects associated with this indicator. A deeper study of human potential development in Azerbaijan is required. The practical significance of the work lies in the possibility of using it in improving the state policy in the field of education, personnel management, improving the innovative strategy for the development of regions and the country as a whole.
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