Comparative analysis of strategies and trends shaping the information economy of Azerbaijan with leading countries

The Study of Formation Characteristics and Development Tendencies of International Information and Knowledge Economy

“…It is known that main elements of information and knowledge economy include education, science, human capital, venture funds and business, knowledge and high technology production, information and knowledge society, creation and transfer of innovations, government, and citizen and business institutes [2,11]. That is why besides considering specific characteristics of information and knowledge economy, attention should be paid to principal differences of IKE from traditional economy (scientific contribution, intellectual products, globalization, ICT, STP tempo).…”

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“…It is known that main elements of information and knowledge economy include education, science, human capital, venture funds and business, knowledge and high technology production, information and knowledge society, creation and transfer of innovations, government, and citizen and business institutes [2,11]. That is why besides considering specific characteristics of information and knowledge economy, attention should be paid to principal differences of IKE from traditional economy (scientific contribution, intellectual products, globalization, ICT, STP tempo).…”

“…Formation of knowledge-based effective economy and enabling the transition to the stage characterized by the advantage of innovations, at the same time, the implementation of improving of economy structure deliberately is one of the priorities of the economy of Azerbaijan [1,2]. The development of national economy, its position in global world economy system directly depends on the structure of social production.…”

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“…The U.S., Israel, South Korea, China and other countries have achieved significant success in formation of Information economy, primarily in the field of informatization of the national economy [5]. transmission, protection of information and knowledge.…”

“…Successful development of the information society depends primarily on the development of the new economy, as well as information society based on information and knowledge, modern technologies and innovations [5].…”