Article language: Azerbaijani.
Abstract
In an era of rapidly evolving innovation and entrepreneurship, the legal regulation and financing of startups have become increasingly relevant. Given that startups operate in uncertain and dynamic environments, it is crucial to establish a clear legal framework defining their status and to develop financial mechanisms that facilitate investment. While various approaches to startup regulation exist globally, the legal instruments and financing models implemented within the U.S. startup ecosystem stand out as particularly noteworthy. In Azerbaijan, despite the emergence of a startup ecosystem, its legal and financial framework remains underdeveloped. Therefore, this article adopts a comparative approach to analyse the regulatory frameworks, government support mechanisms, and investment models for startups in the U.S. and Azerbaijan. Furthermore, existing gaps in Azerbaijan’s legislation are examined, and legal and institutional reform proposals based on international best practices are put forward.
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Azərbaycanca