Azərbaycan Dövlət İqtisad Universiteti (unec) İl 9, Cild 9, yanvar-mart 2021



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UNEC-2021-məqalələe

UOT: 338.1, 338.3; JEL Codes: 
O32,
 
O14, H21, E22, L16. 
 
THE IMPORTANCE OF INDUSTRIAL PARKS IN THE ORGANIZATION 
OF INNOVATIVE PRODUCTION IN AZERBAIJAN 
Kh. Kh. Jahangirov
1
 
1
PhD candidate, Western Caspian University 
1
c.xasay@gmail.com 
UNEC Elmi Xəbərləri, İl 9, Cild 9, yanvar-mart, 2021, səh. 92 - 107 
Scientific Reviews in UNEC, Year 9, Volume 9, January-March, 2021, pp. 92 - 107 


93 
Abstract 
In the contemporary world economy, one of the main factors determining and ace-
lerating the development are innovative processes. In addition, become one of the 
main criteria influencing the competitive advantage of countries. It is impossible to 
imagine modern industries without innovations. The main purpose of this study is 
identifying effective methods for organizing innovative production based on high 
technologies and to study their applications in Azerbaijan. Research shows that the 
organization of industrial production through the application of high technologies is 
one of the significant matters to be solved for most of the countries, especially 
developing countries. Thus, developing countries face significant difficulties in sol-
ving issues such as the organization of innovative production with the application of 
new technologies, obtaining scientific knowledge to manage and improve the produc-
tion process, conducting scientific research and applying their results at the expense 
of internal opportunities. In this regard, many countries have been addressing to in-
dustrial parks institution, which is applied in many regions of the world in order to 
overcome the stated problems. In the article, statistical and analytical analysis was 
conducted, influence possibilities of industrial parks in development of industrial 
innovations were analysed by using local and international literature sources, statis-
tical figures and international reports and import issues of high technologies and 
scientific knowledge by those zones were explained. In addition, effective application 
possibilities of industrial parks in industrial transformation were explained by re-
searching the current state of innovative production in Azerbaijani industry. 
Keywords: 
Special Economic Zones, industrial parks, innovative production, high 
technologies, investments. 

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