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The fourth annual Business Innovation Forum “Armenia 20.18 – Armenia among 20 most innovative countries by 2018” took place in Armenia’s Dilijan town on Friday.

According to the Deputy Director of the Union of Information Technology Enterprises (UITE), Hayk Chobanyan,   Armenia currently ranks 60th among the innovative countries of the world.

“Everything should be done so that in 2018 Armenia appears in the list of top 10 countries,” he said.

UITE President Alexander Yesayan noted that the Business Innovation Forum is an important platform, where the work carried out in Armenia and abroad is discussed.

“Currently, traditional business is also subjected to changes: the business models are changing. Thus, the need for innovations in business is evident. And a country with close borders like Armenia must use technologies and achieve noticeable results in short period,” he said.

The Deputy Minister of Transport, Communication and IT, Gagik Tadevosyan, read out PM Karen Karapetyan’s opening speech, noting that the event is of great significance in terms of bringing together the beneficiaries of the innovation area, jointly discussing the existing issues and developing cooperation formats.

Development of national innovation system is one of the priorities of the Armenian Government.

The aim of the Innovation forum is to define the key priorities of Armenia’s innovation strategy and formulate solutions. In the framework of the forum, the Armenian Government representatives, as well as local and international experts will present the leading development practice, hold discussions and form an agenda on Armenia’s ranking in list of top 20 most innovative countries.

The Business Innovation Forum is attended by about 150 representatives of technological, educational and entrepreneurship areas, as well as Armenian Government and international organizations, including international speakers from six countries (U.S., Russia, Taiwan, Bulgaria, Israel and Georgia).

The two-day forum is held in the framework of the EU4Business and EU4Innovation initiatives.  

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