THE NEED FOR FOREIGN COUNTRIES TO STUDY EXPERIMENTS IN THE DEVELOPMENT OF AN INNOVATIVE ECONOMY

Abstract

Annotation. This article discusses the need to study the experiences of foreign countries in the development of an innovative economy. The article examines foreign experiences, including innovative strategies from developed countries, improving the investment climate and integrating production with science. Factors such as education, research and development activities, startup ecosystems, and public policy are also analyzed as key components of the innovation economy. After studying the successful experiences of foreign countries, the possibilities of their application in the development of an innovative economy and adaptation to local conditions are shown. The article will highlight the importance of the innovative economy and the results achieved through the study of foreign experiences, as well as outline new directions for economic development.