The Impact of Entrepreneurship Financial Opportunities and Business Environment on the Country’s Innovation Development and National Wealth

The Covid-19 pandemic caused negative consequences for the economic growth and national wealth of countries worldwide. In 2020 GDP per capita was -4,3% worldwide -5% in Azerbaijan. However, 2021, it 4,8% 5,1% accordance, indicating Azerbaijan’s potential. At same time, Azerbaijan takes only 80th place from 132 Global Innovation Index Rank, which is not sufficient requires further innovation development country. Also, 34th 190 Ease Doing Business rank. Still, according to Enterprise Surveys made by World Bank, 23,7% firms choose access finance as their biggest obstacle. average world indicator 14,2%, one Europe Central Asia 9,4%. Therefore, this research aims prove hypothesis about positive impact entrepreneurship financial opportunities business environment on country’s wealth. first stage, a bibliometric analytical analysis carried out using tools Scopus database, VOSviewer, Google Trends. second sample 20 formed. It includes top 10 leaders Rank with high-income economies (as benchmark development, should increase its position) upper-middle-income (similar Azerbaijan). informational base consists data Intellectual Property Organization, Economic Forum last available years. third correlation identify relationship between indicators (financing SMEs, venture capital availability, domestic credit private sector, ease doing business, starting getting credit, resolving insolvency, protecting minority investors, number new limited liability companies, density) (Global Index) (total capita). And at fourth determined based regression modeling results. obtained results could be useful scientists issue government officials improving state’s policy.