Abstract

The article analyzes the development trends and characteristics of the information economy that is being formed in the country according to the experience of developed countries. Based on the given comparative analyses, the current situation in the field of information society and economy formation in Azerbaijan is considered. The significant effects of qualified personnel developed in this field on the country’s economy have been determined. Some recommendations on improving and protecting relevant data analysis in the chain of commercialization of scientific ideas in the context of the innovation economy are given. In our modern era, a clear analysis of the stages of realization of a new type of economic relations, where information acts as an important and main connecting tool, between production and consumption relations, material and non-material production stages, has been carried out. The goal – is to examine the features of the developing information economy era and clarify the ways of applying these innovations in the country’s economy. Methodology – economic and methodological studies were conducted. The result of the research – is that for the application of the information economy in Azerbaijan in modern times, it is important to form a technical base and involve qualified personnel in this work.

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