Baku Engineering University (BMU) is included in the annual report of UNESCO, and the work done at the university on the commercialization of science, the development of startups is noted in the document. Thus, in the section of the report related to the Republic of Azerbaijan, it was noted that the "New Idea" startup competition was organized by BMU and implemented with the financial support of BP Azerbaijan.

The annual report notes that the Yeni Fikir startup competition, which promotes and supports the development of innovative entrepreneurship, entrepreneurship and startups, supports 100 projects and provides incubation services to 35 of them.

In addition, initiatives such as the Smart Bridge and the Digital Government Promotion, supported by the Korea International Cooperation Agency, have been shown to increase capacity for technology transfer, university collaboration, and e-governance research. Although such initiatives limit the activities of science and innovation, the report also draws attention to the steps taken to promote the adoption of technology.

The UNESCO report, which reflects the development of science in the world, including the commercialization of science and the development of startups, focuses on the development of science, one of the main parameters of the innovation economy, which is a priority of new world trends.

The report also reflects indicators related to the Republic of Azerbaijan. Thus, pages 332-335 of the report, which has a volume of more than 700 pages, provide information on indicators and analysis of the Republic of Azerbaijan. Information about our country is shown in comparison with the countries of the Black Sea basin. The report provides comparative information on scientific research, including scientific publications, the commercialization of science, the application of research results to the economy, university-industry cooperation and other such issues.

The annual report of UNESCO is available here.