Innovation Performance Review of Armenia

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The Innovation Performance Review of Armenia contains the outcomes of a policy advisory exercise that drew on the experience accumulated by the UNECE in the identification of good practices and policy lessons in the area of knowledge-based development, with particular reference to the problems of countries with economies in transition. It provides a set of recommendations and policy options to stimulate innovation activity in the country, enhance its innovation capacity and improve the overall efficiency of the national innovation system.



Recent economic and innovation performance

Armenia is a lower middle income economy, according to the World Bank classification, with a GDP per capita of around $3,200 in 2013 ($6,300 on a purchasing power parity basis). The country has a small domestic market and problematic transport links with the outside world, which poses challenges for economic development.


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