Page 60 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.73, # 2, 2016, pp. 42-61

Moreover, there is a need for a more specific partnership between the ICT
Fund and universities in the area of commercializing research conducted at
universities. There is also a need for start-up incubators and accelerators in
Azerbaijan to develop closer ties with universities. Aalto Start-Up Center of Finland
was established and operates as part of Aalto University and benefits from the
expertise of professors and researchers as well as organizational support of the
university. A closer collaboration between universities and accelerators (and private
sector at large) woud help the universities to better plan their research activities.
Such partnership would also accelerate the commercialization of the research
conducted at universities.

References:

“Azerbaijan 2020: Look Into the Future" Concept of Development

C. Greenhalgh and M. Rogers, Innovation, Intellectual Property and Economic
Growth (Princeton University Press, 2010), p. 97.

“Kuriakose, Smita (2013) Fostering Entrepreneurship in Azerbaijan. Direction in
Development--Private Sector Development;. Washington, DC: World Bank, 76
pages

Rostow W. (1960) "The Five Stages of Growth-A Summary". The Stages of
Economic Growth: A Non-Communist Manifesto. Cambridge: Cambridge
University Press. 4–16.

United Nations Economic Commission for Europe report (2012) on Fostering
Innovative Entrepreneurship, Geneva, 68 pages

VTT Review (2015), Espoo, Finland, 38 pages

World Bank Statistics, available at www.data.worldbank.org accessed 10.09.2016

Barama Innovation and Entrepreneurship Center of Azercell (www.barama.az)

High Tech Park Azerbaijan (www.hightech.az)

Qafqaz University Technopark (www.qutechnopark.az)

Next Step Innovation Center (www.icnextstep.com)

Baku Business Factory (www.bbf.az)

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