DEVELOPMENT CONCEPT “AZERBAIJAN - 2020: OUTLOOK FOR THE FUTURE” Project development of various agricultural spheres, stimulating measures will be implemented and initiatives to support major grain-growing farms will be supported. Considering the importance of creating warehouse complexes on the basis of the most modern technologies in the region in terms of the intensive development of agriculture, the regulation of seasonal prices, prevention of loss of the harvest, protection of the domestic market and export potential, and consistent measures in this sphere will continue. 4.3 Support for scientific potential and innovative activity In order to ensure long-term sustainable economic development, form a knowledgebased economy and speed up the creation of science intensive technology and products (work and service), the expansion of innovative activity will one of the main fields. In this connection, the development of science will be prioritized on the basis of its history in our country and global tendencies, and the process of effective integration into progressive world science will be continued. The scientific infrastructure will be improved, the materialtechnical basis of science will be modernized and the digitalization of information support systems in this sphere will be ensured. At the same time, along with state funding, the financing of science from other sources will be stimulated, and this will ultimately strengthen the social protection of those engaged in scientific activity and prevent “brain drain”. In order to create an innovative economy in the country, the link between science and production will be strengthened, and the necessary mechanisms will be created in order to carry out applied scientific studies in line with the requirements of the market. State support measures will be implemented and the relevant legislative basis will be created in order to stimulate the manufacture of competitive products through increasing innovative activity, establish the necessary mechanisms to implement innovative activity, make effective use of innovative potential and ensure development. Along with the development of innovative entrepreneurship and the creation of a favourable environment for the development of new types of activities and products, it is planned to strengthen measures to transfer and use advanced technologies and to create industrial parks and innovative zones to develop and apply science intensive products and technologies. From this point of view, a relevant legislative basis will be prepared and adopted, and it is planned to set up a State Fund for the Development of Information Technologies in order to develop an economy based on innovative entrepreneurship and knowledge. 17

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