Abstract

The thesis is dedicated to strengthening the legal framework for the innovative development of business entities in the country. The names of economically important normative legal documents and a number of adopted state programs stimulating the development of entrepreneurship are given and it is shown that the existing legal framework has ensured the acceleration of economic development in Azerbaijan. At the same time, it is noted that in order to develop a promising innovation system, the existing regulatory and methodological framework in world practice should be studied and applied to the Azerbaijani economy. Finally, relevant recommendations and suggestions are made to ensure the development of innovative entrepreneurship and the innovation infrastructure that serves it.

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