This paper develops a quantitative, graph-theoretic method for analysing systems of institutions. With an application to the agricultural innovation system of Azerbaijan, the method is illustrated in detail. An assessment of existing institutional linkages in the system suggests that efforts should be placed on the development of intermediary institutions to facilitate quick and effective flow of knowledge between the public and the private components of the system.
The level of developed countries in the conditions of global competition and open economy in terms of well-being and efficiency cannot be reached, unless the advanced development of the sectors of the economy that determine its specialization in the world economic system is ensured. This will make it possible to actualize national competitive advantages to their maximum.