Page 55 - Azerbaijan State University of Economics

A.D.Huseynova, O.I.Mazanova: Model of a evaluation of an innovative capital of the
subjects on the basis

Introduction
Transition to an innovative economy and necessity to ensure competitiveness
of the objects demands from the subjects of the innovative processes a radical
change in the approaches to selection and substantiation of the directions of the
innovative activity, forms and methods of its realization.
An effective use of the innovative potential makes possible a transition of an
economic system into a qualitatively new state. Such a potential of the subjects is
transformed into a concrete form during an innovative process ensured by the
subjects‟ activity.
One of the factors raising the scientific substantiation of the innovative activity
management is evaluation of the innovative potential.
Studying and evaluation of the level and trends of development of the
innovative potential in various sectors of the national innovative system allows us to
single out a set of the factors and conditions necessary for a steady economic
development of the economy as a whole.
Development of the techniques for evaluation of the innovative component in the
new and developing sectors of the economy becomes more and more urgent. In practice
great attention is devoted to evaluation of innovations and innovative activity.
Among the existing techniques it is necessary to point out the technique of a
uniform statistical investigation of the scientific research and development – Frascati
Manual - (Organization of Economic Cooperation and Development - ОECD), the
method for evaluation of the index of the scientific-technical potential, as a
component of an integrated indicator of the level of a country‟s competitiveness
(experts of the World Economic Forum - WEF), method for evaluation of the
development of the innovative activity of the European Union (EU), used by the
experts of the Commission of the European Communities (CEC), methods of the
national associations of automated trade, and various factor-indicative methods,
which, as a rule, are based, on generalization of the statistical and analytical data,
obtained from inspections of enterprises.
Integration of the estimated elements into a uniform integral indicator, as a
rule, is done with the use of various mathematical probabilistic methods. In our
opinion, it is possible to single out a number of common problems arising in their
practical use. Among them is selection of a mathematical apparatus allowing to

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