Azernews.Az

By Sara Israfilbayova

It is necessary to continue the development of cooperation between science and business in Azerbaijan.

President of the National Academy of Sciences of Azerbaijan, Akif Alizadeh said in Baku on June 5 at the international conference “Support of intellectual property to the economy of knowledge and innovations”.

Alizadeh noted that one of the important steps in this direction became the creation of a High-Tech Park under the National Academy of Sciences, which now has 13 residents.

Alizadeh noted that today such notions as intellectual capital and knowledge economy come to the fore and the serious reforms in the scientific and innovative sphere should be carried out for their formation.

“It is important to establish cooperation between business and science. Increasing the export potential of the non-oil sector of Azerbaijan requires the production of innovative and knowledge-intensive products. World experience shows that the state’s policy of encouraging innovation in the country, the development of a competitive economy, provides for the development of cooperation between science and business,” Alizade said.

High Technology Park was established by the Decree of President Ilham Aliyev dated on 5 November 2012. According to the Decree, 50 ha of land in the Pirallahi district of Baku was allocated to the Park.

The main purposes are to stimulate the ICT development in the economy and increase the competitiveness of national technological market and to create modern infrastructure for further pursuit of Research & Development and implementation of new technologies in the country.

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Sara Israfilbayova is AzerNews’ staff journalist, follow her on Twitter: @Sara_999Is

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