Pages: 243-249
Published: 30.12.2017
Abstract: The problems of improving the organizational and economic mechanisms of innovative entrepreneurship and its management (on the example of the oil industry) arestudiedin the article. The importance of accelerating the development of innovative activities in the country, including in the oil industry, is analyzed with this purpose.The dynamics of the output of innovative products in the extractive industry in view of the oil industry in detail is analyzed.Factors that hamper the development of innovative entrepreneurship in the oil industry are considered.A number of recommendations and proposals on the problems of improving the organizational and economic mechanisms of innovation entrepreneurship and its management (on the example of the oil industry) are given
Key words: Azerbaijan, innovative entrepreneurship, organizational and economic mechanisms of innovation business management, innovative entrepreneurship in the oil industry, improvement of innovative business management system.
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