State budget allocations for education, science and research domains are particularly important, writes Samson Avetian. As labor force quality is one of the main drivers of productivity growth, this variable is critical for Armenia to flourish.
In August 2019, Prime Minister Nikol Pashinyan set ambitious targets to be achieved by 2050, including a population of 5 million, 1.5 million new jobs, eliminating poverty, and a GDP 15 times greater than today’s figures. Samson Avetyan focuses specifically on the GDP growth target and examines the likelihood of hitting such a goal by 2050.
Deep tech startups are built on scientific and engineering discoveries and innovations. In the Armenian startup ecosystem, there are only a handful of deep tech startups. One of them is Krisp.