PROBLEMS OF INNOVATIVE DEVELOPMENT OF THE SPHERE OF SCIENCE IN THE REPUBLIC OF ARMENIA / ԳԻՏՈՒԹՅԱՆ ՈԼՈՐՏԻ ԻՆՈՎԱՑԻՈՆ ԶԱՐԳԱՑՄԱՆ ՀԻՄՆԱԽՆԴԻՐՆԵՐԸ ՀԱՅԱՍՏԱՆԻ ՀԱՆՐԱՊԵՏՈՒԹՅՈՒՆՈՒՄ

The article is devoted to the study of the problems of stimulating innovative development of the scientific sphere in the Republic of Armenia. The transition of the world economy to a new stage of technological development is characterized by the active development of information and communication technologies (ICT), artificial intelligence and other advanced technologies. At the same time, scientific research and development, attracting young scientists and the effective use of the scientific potential of experienced specialists, intensifying international research cooperation and increasing the efficiency of scientific organizations are especially important. In the article, on the example of the Republic of Armenia, the possibilities of innovative development of the science sphere and its financing were considered, certain mechanisms for promoting the development of the knowledge-based economy through the innovative development of the science sphere were developed. The aim of the study is to identify ways to increase the competitiveness of the scientific and educational system of the Republic of Armenia and promote economic development by studying the possibilities of innovative development in the sphere of science. The task of the study is to develop possible ways of development of the scientific and educational system of the Republic of Armenia based on the results of an analysis of mechanisms for financing the field of science. The study used the methods of system-situational analysis, induction and deduction, comparative and factor analysis.