Assessment of the Economic Efficiency of the Use of Innovative Technologies in Industry in Azerbaijan

In the article, it is explained that the development and application of innovative technologies in industrial fields is a means to manage the innovative potential of the enterprise based on the realization of the product of intellectual activity, and is the main source of increasing their competitiveness. Innovation potential is a system that includes capital, innovations and projects aimed at the effective development of technology in production areas. The fact that the development of industries depends on the establishment and adjustment of economic-mathematical models and methods between innovation activities and infrastructures is justified on the basis of scientific approaches. The indicators of the formation of the innovation system in industrial enterprises were determined by mathematical and economic methods, and the innovative development model was built on their basis.