Page 70 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.72, # 2, 2015, pp. 54-72

G Innovative
4 level Medium Medium Medium Medium Medium Medium Medium High High

Total: Medium Medium Medium Medium Medium Medium Medium High High

9
8
7 Innovative level
6
5 Level of infrastructure
4 elements in a region
3 Standard of well-being
2
1 Educational level
0

Figure 4. Indicators of the innovative potential of the scientific-technological
complex of the economic zones

Thus, the results of the implemented research allow us to carry out monitoring
of the innovative potential of the subjects, which, in the long run, makes it possible
to control their efficiency and to take substantiated strategic decisions.
Statistical analysis
Microsift Excel2013 and SPSS software (version 17.00) was used for
statistical analysis.
Results
On the basis of the examination of the state of the innovative potential and
identification of its
development problems it is possible to draw the following conclusions:
- Innovative potential of the subjects should be understood as a system of
interconnected resources, which determines real opportunities for realization of an
innovative activity. Adoption of the strategic decisions based on an effective use of
the innovative potential ensures additional competitive advantages for the subjects.

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