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Government Approves Concept of Innovative Activities in Armenia

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  • Government Approves Concept of Innovative Activities in Armenia

    GOVERNMENT APPROVES CONCEPT OF INNOVATIVE ACTIVITIES IN ARMENIA

    YEREVAN, January 21 (Noyan Tapan). At the January 20 session, the RA
    government approved the concept of innovative activities in
    Armenia. The principles and approaches of the innovative policy
    implemented by the government are stipulated in the concept. The
    adoption of the concept and the Law on State Assistance for Innovative
    Activities in Armenia developed on its basis will promote the
    formation of a knowledge-based economy, the stable and secure
    development of the country, the process of integrating into the global
    economic system and rationalizing the use of natural and intellectual
    resources, it will increase the competitiveness of the Armenian
    economy and, as a result of all this, become one of the stable
    guarantees of reducing poverty in the country and ensuring an
    appropriate standard of living for the people. According to the RA
    government's Information and PR Department, the RA Minister of Trade
    and Economic Development was assigned to develop and submit to the
    government for approval, within 6 months, the 2005-2010 Program on
    Creation and Development of the Innovative System in the RA.
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