International Conference on Eurasian Economies
2-4 September 2020 – Baku - AZERBAIJAN
Paper properties
Paper ID : 2445
Status : Paper published
Language : English
Topic : Microeconomics and Entrepreneurship
Presenter: Ph.D. candidate Elvin Balakishiev
Presentation Location : Odlar Yurdu
Session : 6B Microeconomics
Problems of Innovative Management Strategies in Manufacturing
Problems of Innovative Management Strategies in Manufacturing
- Ph.D. candidate Elvin Balakishiev (Odlar Yurdu University, Azerbaijan)
Abstract
The solution of economic problems is closely related to social problems, therefore, investment policy should be understood as a key direction of socio-economic policy of the state, which is able to achieve its goals through the management of financial instruments at all hierarchical levels. Attracting investments at the regional level should be based on the principles of equality and proportionality, able to address various planned issues, ensure the stability of economic development in individual economic regions and territories, and ensure optimal state regulation of investment processes. This is primarily due to the fact that large investment projects affect one sector of the economy or another. Therefore, there is a need to develop a unified investment policy that addresses both sectoral and regional issues. It is necessary to find the optimal direction in the sphere of interaction of spheres and regions, as well as in their regular interaction. For this reason, the solution of theoretical, methodological and methodological issues in the field of improving the regional management of investment activities, the development of new sectoral investment projects in interaction with the regions and their effective practical application are of particular relevance and importance.
JEL codes: A10, P12
Balakishiev, Elvin (2020). "Problems of Innovative Management Strategies in Manufacturing" in Proceedings of International Conference of Eurasian Economies 2020, pp.305-310, Baku - AZERBAIJAN.
DOI: https://doi.org/10.36880/C12.02445
