The Role of Education in Raising the Efficiency of Human Resources use in Azerbaijan

Abstract

Azerbaijan is currently experiencing improvements in its economic development model. Today, the vast majority of economic reforms have been completed in our country. The article considers investigated adequate mechanisms and identified directions of the use of human resources in the country in socio-economic challenges of the modern era.
 There were analyzed organizational and economic mechanisms of the search process of the reforms in education, raising the level of education, implementation of measures to form a modern vocational education system, the increasing investment which focuses on human development, adequate mechanisms of human capital development at the level of modern requirements.
 As one of the most noticeable areas of the modern era, it is the qualitative improvement the use of human resources in working places and working conditions. The article also includes the assessment of such factors.

State Mechanisms for Stimulating Innovative Activities

“…The enterprise has to attract scientific and technical personnel, production staff, i.e. labour force, by investing certain monetary resources to carry out innovation-related activities (Namazova, 2021;Peyravi et al, 2021). Actions of an incentive nature regarding innovation-related activities are one of the main components in the motivation function.…”

“…The necessary legislative and institutional framework and infrastructure have been established to systematically increase the share of innovative goods, works and services and to promote the development of technological entrepreneurship. Continuous efforts are being made to improve legislation based on best global expertise (Zalizko et al, 2018;Namazova, 2021;Safarov, 2021). To undertake the work involved in developing and implementing an innovation policy that can show results, Azerbaijan needs a state structure that is capable of regularly assessing the country's strengths and weaknesses and collecting the data required to conduct such assessments.…”