INNOVATION POLICY AND ECONOMIC GROWTH: INTERNATIONAL EXPERIENCE OF STATE-BUSINESS COOPERATION

Abstract

This article examines the impact of innovation policy on economic growth. The development of innovation through cooperation between the state and business is described as an important factor in ensuring sustainable economic growth. Investing
in research and development, introducing new technologies, and strengthening international cooperation are key tools that contribute to increasing the country's competitiveness. In the context of the Fourth Industrial Revolution, digital transformation and technological innovation open up new opportunities for economic and social development. Therefore, the state should pay special attention to supporting innovative projects, startups, and the integration of education and science