კონფერენცია

∘ Tea Lazarashvili ∘
FINANCIAL METHODS OF STIMULATING INNOVATION AND FEATURES OF USE

Summary

The article analyzes methods to stimulate innovation in world practice. Particular attention is paid to financial methods of stimulating innovation. The main sources of financing for innovative activities and the practice of their use by countries are characterized, as well as specific methods of stimulating innovation.

It covers the development of innovative processes in economically developed countries and the innovative climate that plays an important role in the development of innovative processes.

Three main forms of state stimulation of innovative activities are discussed: administrative, infrastructural and financial.

Keywords: Innovation, methods of stimulating innovation, financial innovation, innovative processes.

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Tea Lazarashvili ∘ FINANCIAL METHODS OF STIMULATING INNOVATION AND FEATURES OF USE Summary The article analyzes methods to stimulate innovation in world practice. Particular attention is paid to financial methods of stimulating innovation. The main sources of financing for innovative activities and the practice of their use by countries are characterized, as well as specific methods of stimulating innovation. It covers the development of innovative processes in economically developed countries and the innovative climate that plays an important role in the development of innovative processes. Three main forms of state stimulation of innovative activities are discussed: administrative, infrastructural and financial. Keywords: Innovation, methods of stimulating innovation, financial innovation, innovative processes.