ქართ | Eng

ISSN 2449-2396 (Print) | E ISSN 2449-2612 (Online)

JEL Classifications: B26, D24, D53, K24


https://doi.org/10.35945/gb.2022.13.023



SMALL INNOVATIVE BUSINESS DEVELOPMENT PROBLEMS IN GEORGIA

Author: Lela Guledani | Published: 2022-05-17 | Pages: 149-153

Full Text

For Citation: Guledani, L., (2022). Small Innovative Business Development Problems in Georgia. Globalization and Business. 13, 149-153. https://doi.org/10.35945/gb.2022.13.023

Abstract

The sustainable development of small innovative entrepreneurship is quite a difficult task and requires systematic work, which must involve both the state, academic and industrial circles. It is necessary to create connecting rings between these areas. Based on these trends, a whole set of measures should be developed and implemented, which should be aimed at the mass acquisition of innovations. It should be noted that only with the fruitful interaction of science, entrepreneurship, society, and state and municipal bodies will it be possible to ensure the rapid pace of economic development of the country and the establishment of an innovative economy. Georgia has a positive attitude towards expected innovations along with the development of the country's economy. The relationship between income level (GDP per capita) and innovation is positive. A positive trend line indicates expected innovations in terms of revenue levels. Georgia's performance is in line with expectations of its level of development, the relationship between the input and output of innovation is negative. Georgia produces less innovative products compared to the level of innovative investments.


Keywords

Small Innovative Business, Regulatory Impact Assessment, Innovation Input Sub-Indices, Global Innovation Index


References

BDO (2018). Program - Produce in Georgia - Industrial part, technical Support and finances Access to components of results Rate.

Bochorishvili, K. (2014). Deputy Minister of Economy and Sustainable Development, June 14, 2014 interview

Draft Small Medium Entrepreneurship Development Strategy 2021-2025. Ministry of Economy and Sustainable Development.

Entrepreneurship Development Agency, Annual Report 2016.

European Commission. Impact Assessment Guidelines 15, January 2009.

Georgian Government Program 2021-2024 for the construction of a European State.

Georgian Young Lawyers Association, Evaluation Report of the Industrial Incentive Component of the State Program - Produce in Georgia. 2021.

Ghudushauri, T. (2020). Innovative Economics: Development Problems and Prospects. Caucasus International University.

Government of Georgia. On the establishment of the Research and Innovation Council and the approval of its statute. Government Resolution 32.3, February 2015. https://www.matsne.gov.ge/ka/document/-

Law of Georgia on Innovations. Legislative Herald of Georgia. (2016). 22.06.2016. https: //matsne.- gov.ge/ka/document/view/3322328

Ministry of Economy and Sustainable Development of Georgia. Approval of the Statute of LEPL-Georgia Innovation and Technology Agency. Order of the Ministry of Economy and Sustainable Development of Georgia. (2014). 1-1 / 66. March 5, 2014. https: // - matsne.gov.ge/ka/document/view/2269957

Ministry of Finance website, statistical data. (2022).

MP. Info Card Regulatory Impact Assessment (RIA) System in Georgia and Stakeholder Positions. (2016). June 10, 2016.

OECD. Introductory Handbook for Undertaking Regulatory Impact Analysis (RIA). (2008). Version 1.0 October 2008

Parliament of Georgia. (2022).2022 Action Plan of the Committee on Sectoral Economics and Economic Policy.

Policy Planning System Reform Strategy, Administration of the Government of Georgia. (2015). May 23, 2015.

Produce in Georgia, Annual Report 2015.

Produce in Georgia, Annual Report 2020.

Produce In Georgia. Micro and Small Entrepreneurship. (2020).

Program of the Government of Georgia for the construction of the European state 2021-2024

Statute of the Committee on Sectoral Economics and Economic Policy. 9

Statute of the Committee on Sectoral Economics and Economic Policy. 10

Globalization & Business European University European University European University mes.gov.ge erih plus mes.gov.ge EBSCO index copernicus Google Scholar Crossref Open Academic Journals Index ISSN WorldCat Microsoft Academic Dimensions DRJI The National Parliamentary Library of Georgia Internet Archive