Assessment of the Environmental Impact of Technological Innovation Activities of Enterprises in Azerbaijan

The main goal of the article is to assess the impact of technological innovation activities by enterprises on environmental indicators. For this reason, manufacturing enterprises of the Republic of Azerbaijan were selected as the sample group, and the relationship between the technological innovation expenses of the manufacturing enterprises and some carbon emissions was evaluated using the econometric method using the statistical figures of 2005–2022. Based on the obtained results, it was concluded that the technological innovation expenses of enterprises have a negative impact on environmental indicators. For this reason, the current situation of the innovation activities of enterprises in our republic was analyzed, and increasing ways were presented.