National Innovation System and the Development of Scientific and Innovation Policy in the Republic of Armenia

The paper deals with an overview of developments in S&T and innovation sectors in Armenia during the last decade. Adopted policy documents directed to promote innovation processes and development of national innovation system, and analysis of the government actions towards addressing the press...

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Date:2012
Main Author: Khnkoyan, A.
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Language:English
Published: Видавничий дім "Академперіодика" НАН України 2012
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Cite this:National Innovation System and the Development of Scientific and Innovation Policy in the Republic of Armenia / A. Khnkoyan // Наука та інновації. — 2012. — Т. 8, № 3. — С. 75-83. — Бібліогр.: 14 назв. — англ.

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spelling nasplib_isofts_kiev_ua-123456789-1142222025-02-09T23:45:03Z National Innovation System and the Development of Scientific and Innovation Policy in the Republic of Armenia Національна інноваційна система та розвиток наукової та інноваційної політики республіки Вірменія Национальная инновационная система и развитие научной и инновационной политики республики Армения Khnkoyan, A. Світ інновацій The paper deals with an overview of developments in S&T and innovation sectors in Armenia during the last decade. Adopted policy documents directed to promote innovation processes and development of national innovation system, and analysis of the government actions towards addressing the pressing challenge of reformation of S&T and innovation system in accordance with the requirements of the needs of economic development of the country are presented. Розглянуто розвиток науково-технічного та інноваційного секторів економіки Вірменії за останнє десятиліття. Представлено державні документи, спрямовані на сприяння інноваціям і розвитку національної інноваційної системи, а також аналіз дій уряду на шляху вирішення нагальних проблем реформування науково-технічної та інноваційної систем Вірменії відповідно до вимог ринкової економіки і потреб економічного розвитку країни. Рассмотрено развитие научно-технического и инновационного секторов экономики Армении за последнее десятилетие. Представлены государственные документы, направленные на поддержку инновациям и развитию национальной инновационной системы, а также анализ действий правительства на пути решения безотлагательных проблем реформирования научно-технической и инновационной систем Армении в соответствии с требованиями рыночной экономики и нужд экономического развития страны. 2012 Article National Innovation System and the Development of Scientific and Innovation Policy in the Republic of Armenia / A. Khnkoyan // Наука та інновації. — 2012. — Т. 8, № 3. — С. 75-83. — Бібліогр.: 14 назв. — англ. 1815-2066 DOI: doi.org/10.15407/scin8.03.075 https://nasplib.isofts.kiev.ua/handle/123456789/114222 en Наука та інновації application/pdf Видавничий дім "Академперіодика" НАН України
institution Digital Library of Periodicals of National Academy of Sciences of Ukraine
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language English
topic Світ інновацій
Світ інновацій
spellingShingle Світ інновацій
Світ інновацій
Khnkoyan, A.
National Innovation System and the Development of Scientific and Innovation Policy in the Republic of Armenia
Наука та інновації
description The paper deals with an overview of developments in S&T and innovation sectors in Armenia during the last decade. Adopted policy documents directed to promote innovation processes and development of national innovation system, and analysis of the government actions towards addressing the pressing challenge of reformation of S&T and innovation system in accordance with the requirements of the needs of economic development of the country are presented.
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author Khnkoyan, A.
author_facet Khnkoyan, A.
author_sort Khnkoyan, A.
title National Innovation System and the Development of Scientific and Innovation Policy in the Republic of Armenia
title_short National Innovation System and the Development of Scientific and Innovation Policy in the Republic of Armenia
title_full National Innovation System and the Development of Scientific and Innovation Policy in the Republic of Armenia
title_fullStr National Innovation System and the Development of Scientific and Innovation Policy in the Republic of Armenia
title_full_unstemmed National Innovation System and the Development of Scientific and Innovation Policy in the Republic of Armenia
title_sort national innovation system and the development of scientific and innovation policy in the republic of armenia
publisher Видавничий дім "Академперіодика" НАН України
publishDate 2012
topic_facet Світ інновацій
url https://nasplib.isofts.kiev.ua/handle/123456789/114222
citation_txt National Innovation System and the Development of Scientific and Innovation Policy in the Republic of Armenia / A. Khnkoyan // Наука та інновації. — 2012. — Т. 8, № 3. — С. 75-83. — Бібліогр.: 14 назв. — англ.
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fulltext 75 Наука та інновації. 2012. Т. 8. № 3. С. 75—83. © AREVIK KHNKOYAN, 2012 Arevik Khnkoyan Institute of Philosophy, Sociology and Law of the National Academy of Sciences of the Republic of Armenia, Yerevan NATIONAL INNOVATION SYSTEM AND THE DEVELOPMENT OF SCIENTIFIC AND INNOVATION POLICY IN THE REPUBLIC OF ARMENIA The paper deals with an overview of developments in S&T and innovation sectors in Armenia during the last decade. Adopted policy documents directed to promote innovation processes and development of national innovation system, and analysis of the government actions towards addressing the pressing challenge of reformation of S&T and innovation system in accordance with the requirements of the needs of economic development of the country are presented. K e y w o r d s: innovation, innovation sectors in Armenia, innovation system, innovation policy. ABSTRACT The ongoing change means transition to knowl- edge based economy. There is a growing under- standing that knowledge is at the core of economic development. This is also reflected in OECD pub- lications referring to the knowledge based econo- my (OECD 1996; Foray and Lundvall 1996). Much of the recent analytical works on the rela- tionship between technological development, in- novation, and economic performance has been fo- cused on the concept of the «National In novation System». Here, the emphasis is not just on the constituent actors within that system — firms, universities, government research laboratories, and so on, but more importantly on the relation- ships and linkages between them. National inno- vation system is «the network of institutions in the public and private sectors whose activities and interactions initiate, import, modify and diffuse new technologies» (Freeman, 1987). The study of national innovation systems directs attention to the linkages or web of interaction within the over- all innovation system. An understanding of these systems can help policy makers to develop ap- proaches for enhancing innovative performance in the knowledge-based economies of today. Innovation being at the basis of economic de- velopment is instrumental for developing coun- tries, and the process of innovation is still a chal- lenging subject of research in economics, sociol- ogy and political sciences, and most efforts have concentrated on the understanding of the process in industrialized countries rather than in devel- oping countries. This paper deals with an overview of develop- ments in S&T and innovation sectors in Armenia during the last decade, describes its background, current situation, adopted policy documents di- rected to promote innovation and develop na- tional innovation system, and analyzes the gov- ernment actions towards addressing the pressing challenge of reformation of S&T and innovation system in accordance with the requirements of the market economy and needs of economic de- velopment of the country. It also derives the pol- icy implications that, to my mind, might have 76 ISSN 1815-2066. Science and Innovation. T. 8, № 3, 2012 Світ інновацій positive effect on the efforts of the country to- wards building knowledge-based economy. TOWARDS KNOWLEDGE BASED ECONOMY AND NATIONAL INNOVATION SYSTEM The ongoing change means transition to Kno- wledge Society. There is not a unique standard model of knowledge based society or knowledge based economy. However, based on several evalua- tion studies the following factors seem to be fun- damental: creativity and innovativeness; effective networking individuals and organizations; increas- ing intellectual capital; knowledge management; encouraging systematic lifelong learning; national innovation systems with special emphasis on well- targeted regional innovation policy; increasing in- vestments in research and development. There is a growing understanding that knowl- edge is at the core of economic development. This is also reflected in OECD-publications referring to the knowledge based economy (OECD 1996; Foray and Lundvall 1997). Innovation and creativity are now valued as key to successful economic development, and kno wledge society. The term innovation has been used since 1934 when American economist J. Schu mpeter de- fined it as «Carrying out of new combinations, such as the introduction of a new good, the introduction of new methods of production, the opening of a new market, the opening of a new source of supply, or the reorganization of any industry» (J. Schumpeter 1934). Innovation is «The process by which new products or new methods of production are intro- duced, including all the steps from invention to de- velopment to pilot production to marketing to pro- duction» (J. Schumpeter 1934). So, innovation can be defined as all the scien- tific, technological, organizational, financial, and commercial activities necessary to create, imple- ment, and market new or improved products or processes (OECD 1997). The effects of innovation are hard to measure. There is no single, simple dimensionality to in- novation. There are, rather, many sorts of dimen- sions covering a variety of activities. We might think of innovation as a new product, but it may also be: a new process of production substitution of a cheaper material newly devel- oped for a given task, in an essentially unal- tered product reorganization of production, internal func- tions or distribution arrangements leading to increased efficiency, better support for a given product, or lower costs, or an improvement in instruments or methods of doing innovation (Stephen J. Kline and Nath- an Rosenberg 1986). Much of the recent analytical works on the rela- tionship between technological development, inno- vation, and economic performance has focused on the concept of the «National Innovation System». Here, the emphasis is not just on the constituent ac- tors within that system — firms, universities, gov- ernment research laboratories, and so on, but more importantly on the relationships and linkages be- tween them. Innovation System is the term used by scholars and policy makers to describe the emerging scientific and technological structures and process- es that influence economic development (Freeman 1987; Lundvall 1992; Nelson 1993). According to innovation system theory, innovation and technol- ogy development are results of a complex set of rela- tionships among actors in the system, which in- cludes enterprises, universities and government re- search institutes. The notion of a national innovation system was first described by Freeman in relation to Japan; he defined it as «the network of institu- tions in the public and private sectors whose ac- tivities and interactions initiate, import, modify and diffuse new technologies» (Freeman 1987). Later some other definitions of national innova- tion systems came in forth, among which the dominating ones are: the elements and relationships which interact in the production, diffusion and use of new, and economically useful, knowledge ... and are ei- ther located within or rooted inside the bor- ders of a nation state (Lundvall 1992); 77ISSN 1815-2066. Наука та інновації. T. 8, № 3, 2012 Світ інновацій a set of institutions whose interactions deter- mine the innovative performance of national firms (Nelson 1993); the national institutions, their incentive struc- tures and their competencies, that determine the rate and direction of technological learning (or the volume and composition of change gen- erating activities) in a country (Patel and Pa- vitt 1994); that set of distinct institutions which jointly and individually contribute to the develop- ment and diffusion of new technologies and which provides the framework within which governments form and implement policies to influence the innovation process. As such it is a system of interconnected institutions to cre- ate, store and transfer the knowledge, skills and artifacts which define new technologies (Metcalfe 1995). The concept of national innovation system has since been developed by others and fleshed out with various empirical studies. It has come to prominence for several reasons. One is the grow- ing economic importance of knowledge, with many economic activities becoming increasingly knowledge-intensive. A second and closely relat- ed reason is the widening range of institutions involved in knowledge generation. The major success factors in national innovation systems are the political commitment to increase R&D funding together with the well functioning financial process of prioritizing the activities and focus areas. Every nation has, however, to find its own way. The profitability of additional invest- ments is essentially dependent on how well the whole innovation system functions. A balance has to be found between basic research, applied re- search, product development, technology develop- ment, and training. The innovation system needs to be developed so as to improve its quality, efficiency and relevance. This, however, is not enough. At the heart of the concept of the national inno- vation system is a belief that a better understanding of the linkages between the component actors in the system is the key to improved technological per- formance. For policy-makers, an understanding of the national innovation system can help to identify leverage points for enhancing innovative perform- ance and overall competitiveness. The policy implications of the national innova- tion system concept are far-reaching. As OECD has argued, it suggests a new rationale for govern- ment funding of research and technology based on correcting systemic failures — in other words, the lack of effective interactions between the actors in the system. It also points to the need for new types of policies to address those systemic failures, poli- cies that develop, extend and strengthen the com- munication and the flows of information, and the networking, cooperation and linkages between the component organizations that make up the na- tional innovation system. GENERAL OVERVIEW OF S&T DEVELOPMENT IN ARMENIA During the socialist period science has been one of the key branches of Economy. S&T in USSR en- joyed a significant state support. Con tinuous at- tempts to accelerate S&T progress or to introduce new military and civilian technologies required that the R&D system, especially in defense sector, be sustained on a large scale (Radosevic 2003). Armenia was a part of that huge S&T system, having been developed into one of the leading scientific centers of the country starting from mid 1950s. By the end of 1980s Armenia possessed a ramified and actively operating system of re- search and technological institutions. Collapse of the Soviet Union in early 1990s has led to disintegration of all previous ties, suspen- sion of huge financial flows to S&T sector, and radical change in factors determining R&D sup- ply and demand sides. Actually, the demand side nearly fully disappeared in Armenia at once, fol- lowing emergence of political, economic and so- cial problems on the entire territory of the former USSR, outbreak of ethnic conflicts in the region, and persisting blockade of transportation routes. In the post soviet period the new independent Armenia has inherited well-developed sphere of 78 ISSN 1815-2066. Science and Innovation. T. 8, № 3, 2012 Світ інновацій scientific, research and educational institutes, which were involving many fields of science and were coming forth within the institutes of the Academy, Ministeries and High Educational Systems. In soviet times the Academy of Sciences of Armenia had 25 instiutes, there were 3 all-un- ion scientific research instiutes, 17 armenian bra- nches, centers and departments of all-union sci- entific research institutes, about 30 institutes su- bordinated to the Armenian ministeries and other state bodies, 3 scientific research institutes func- tioning in the circles of science production un- ions. Besides, there were also 26 project insti- tutes, 16 constuction bureaus, 5 science research laboratories, and 7 science reserch and normativ research stationaries. There were more than 10 higher education establishments, and institutes of professional developments. The network of sci- entific services was also rather developed: librar- ies, publishinghouses, printinghouses, etc.. Soviet Armenia, was considered to be a highly technological country, which had more than 30% of all Soviet electronics, and the significant part of military-industrial complex. It should be noted that in that system about the 75 % of the expenses of scientific R&D were done firstly for the satisfac- tion of the needs of military-industrial complex. During transformation period the scientific pote- ntial of country was not saved and developed fully. Currently the scientific potential and econom- ic meaning of science are in deep discorrespond- ence. In that sense a more prospective investment and productive use of scientific potential in con- crete programs of social economic development is significant. At the same time, in past Armenia was considered the «Silicon Valley» of USSR, where a number of productions of high technological in- dustry have been centralized. Nowadays a pressing challenge for Armenia is the reformation of its S&T and innovation sys- tem in accordance with the requirements of mar- ket economy. It is obvious that S&T can play a decisive role in assuring sustainable economic growth in our transitional country where signifi- cant R&D potential exists. Meanwhile, in Ar me- nia no major reformation has been implemented in the field of S&T and innovation management system both on national and institutional levels since the collapse of the Soviet Union, which is one of the core reasons for inadequate innovation performance in the country. INNOVATION PERFORMANCE: TRENDS AND OBJECTIVES Science, technology and innovation (STI) pol- icy was underestimated in overall economic poli- cy and was neglected in Armenia during the first decade of transition. This might be reasoned by the absence of long-term economic development strategy where STI policy could be incorporated as integral part. The economic growth in developed countries is basically provided thanks to the creation and usage of new knowledge and technologies. That’s why the research and S&T activities in such countries deserve the unprecedented support of the state. The necessity of the coordination of S&T activities by the state is connected with the scientific «production» and peculiarities of the products (Ivanova). The cause is mostly the un- predictability of economic results of scientific re- search, when it is very difficult to wait for a profit even from the results with commercial prospec- tive, in the existing conditions of IP protection system. But the market is not able to provide the necessary investments in science. That’s why it is necessary for the state to coordinate the scientific sphere. Because of this, the main problem of state S&T and innovation policy must be the develop- ment and implementation of necessary steps for lessening the risks and other factors impeding in- novation activities. On the path to the development of innovation process there are a number of difficulties. For the successful implementation of innovation it is not enough just to have a good or even a genius idea. It is necessary to embody this idea practically into a concrete production, to bring it to the con- sumers to prove its advantages in comparison with the existing analogues, to save it from the 79ISSN 1815-2066. Наука та інновації. T. 8, № 3, 2012 Світ інновацій possible competitors and use of imitators. Thus the innovation process demands significant re- sources of organizational and personnel essence. International benchmarking shows that sus- tainable economic growth can only be founded on technological development and the continu- ous increase of knowledge base, in which the Government support is necessary. Yet in 2003 UNESCO organized a special par- liamentary Round Table to tackle the issues of STI development. The key message of the semi- nar was to encourage parliaments to take a proac- tive role in developing science, technology and innovation policy for increasing the quality of life and human welfare (Fig. 1) (Markkula, 2008) There are a number of key analytical lessons that can be learned from the national parliamen- tary experiences. These lessons can be sources of reflection and inspiration for such countries and regions of the world like Armenia. It’s known, that the main lever supporting R&D in country is the state budget. In the industrially developed countries the vol- umes of science financing in the part of budget ex- penses in the last decades were sustainable high. Though, in Armenia the volumes of science financ- ing factually make only about 1 % of expenditure part of the state budget. Budget financing of uni- versities and state research organizations is being implemented via grants allocated to research projects. The grants are considered as one of the most productive ways of science financing. The next important lever after the state budg- et, which is used in developed countries for the execution of state S&T policy, has an organiza- tional essence. The use of the mechanisms of or- ganizational essence allows providing coopera- tion (in the circles of legislation) between the state and private sectors involved in S&T sphere, which is so much lacking in the case of Armenia. In these conditions, the flows of financial means from the state budget to joint corporative struc- tures, must be provided by a number of organiza- tional mechanisms, which must be developed and implemented by the joint efforts of legislative and executive hands of authorities, and with the par- ticipation of corresponding ministries, depart- ments and interested organizations. In Armenia the financial sources for scientific activities are: a) the state budjet, b) means com- ing from agreements, c) foundations involving the allocation of international organizations and the investments of citizens, etc. d) grants, e) cred- its, f) means coming from scientific, publishing, consulting and other activities which are not for- bidden by law e) means coming from the invest- ment and realization of scientific results. Only in 2011 some steps have been done to in- volve the private sector of economy into the funding of S&T activities, which gives an oppor- tunity to change the inner structure of science funding. As it was already mentioned, till 2011 the only sources of science financing have been basicaly the State Budjet and partially the inter- national scientific grants. The part of the private sector of economy was neglegible. In 2011, for the first time, the funding of projects directed to the achievment of applicable results was implement- ed with the principle of cofinancing with the pri- vate sector. The size of cofinacing was defined as 15% and in the result 17 projects have been fi- nanced for the period of 2011—2012 yearly up to 30 million AMD with the total cost. In Armenia the idea of government order in the sphere of science has formed recently in the form of state goal-oriented programs and basically has got another essence as it also serves mostly for the state scientific organizations. So, in Armenia the Fig. 1. Role of Parliaments in NIP 80 ISSN 1815-2066. Science and Innovation. T. 8, № 3, 2012 Світ інновацій research is being developed and implemented through three main financing mechanisms within the state budget: basic financing, thematic (project based) financing and goal-oriented project financ- ing. The proportions among the financial volumes of these three types of funding are decided by the RA law about the State Budget. Starting from the early 2000s an array of policy documents have been adopted in Armenia towards the regulation of S&T and innovation policy in the country. In December 2000, the Armenian Par lia- ment adopted the Law on Scientific and Tech no- logical Activity aiming at regulating the interrela- tions between R&D performers, state bodies, and R&D outcome consumers, as well as outlining general principles of formation and implementa- tion of state policy in the field of S&T. In 2005 Government took the decision to ap- prove an Action Plan 2005—2010 directed to- wards the creation and development of the inno- vation system in Armenia which was defining around 20 measures to be implemented in the pe- riod of 2005—2010. In May 2006, the Law on the State Support to Innovation Activity was adopted (which was the first measure of the mentioned action plan 2005- 2010), which defined the legal and economic bas- es of national innovation policy formation, and forms of state support of innovation activity. To improve policy-making and better coordina- tion in the field of S&T, the government took the decision in October 2007 to create the State Com- mittee of Science and empower it to carry out inte- grated S&T policy in the country. This structure is responsible for development and implementation of research programs in the country. Among the number of adopted policy docu- ments supporting S&T and innovation system in Armenia are the Resolution on the Priorities of Science and Technology Development for 2010— 2014 in the Republic of Armenia (adopted on May 2010), incorporating 6 areas, including in- formation technologies, advanced technologies (biotechnology, nanotechnology), etc., the Con- cept of Innovation Activity in the Republic of Armenia (adopted on January 2005), aiming at formulation of general approaches and principles of the state policy directed towards consistent cre- ation and development of a national innovation system, and its basic elements and infrastructure, capable for ensuring sustainable development of the country and increasing its competitiveness, and creating a favorable innovation environment for international economic co-operation, etc. On July 2007 The Armenian Government ado- p ted Conception on Improvements in Science, the primary objective of which was the creation of knowledge-based economy, and which sets sev- eral clear targets for action among which are in- crease in science funding, clarification of funding forms and mechanisms, enhancing productivity of funding, modernization and creation of new in- frastructures, material and technical base, foster- ing commercialization of scientific results, etc. On May 2010 The Strategy of Science Deve- lopment was adopted in the Republic of Armenia. In this document the vision of the science devel- opment is formed like this: «In 2020 the Republic of Armenia is a country having science based economy, and which is competitive in European science technological territory with its funda- mental and applied R&D level». The missions for this vision are: formation of a system providing the stable devel- opment of science and advanced technologies, modernization of the material-technical base of scientific sphere and the infrastructures, provide stable growth of numbers of cadres, having high qualifications in the sphere of sci- ence and technology, to provide immigration of young cadres in the sphere of science, to provide productive state sponsorship for the fundamental scientific research, to stimulate the implementation of research di- rected to the achievement of knowledge which can be used in the economy, formation of a harmonic system providing the development of knowledge containing science, technologies, and innovation and stimulating 81ISSN 1815-2066. Наука та інновації. T. 8, № 3, 2012 Світ інновацій the involvement of the private sector in the science, to enlarge the international cooperation in the sphere of science and technologies (Strategy of Science Development in RA, 2010). On June 2011 The Strategic Program and Ac- tion-Plan for the Development of the Sphere of Science in 2011—2015 was adopted, which in- volves the measures and the table for the targets defined in the strategy of science development. Thus, these measures taken by the Armenian government can be considered as initial steps to- wards development of the legislative framework and improvement of the information support and institutional basis of the innovation system. The issues of effective management of innovative re- sources, modernization of S&T basis, introduc- tion of incentives for innovative companies, and attraction of private investments still need to be addressed adequately. But all these conceptual and legislative meas- ures need to be supported by adequate concrete actions and programs directed towards forming the national innovation system. At the moment they have more of a declarative and fragmented character and are not supported by adequate fi- nancial commitments and tailored decisive actions consistent with general economic development trends. For instance the Action Plan measures have been implemented very slowly with consid- erable delay in timetable, and in 2006 only a small amount of funding (around 40,000 Euro) was al- located from the state budget for implementation of the planned activities, particularly, for the crea- tion of Information and Analytical Centre and Permanent Exhibition of Innovative Projects at the Armenian Centre of S&T Information, and creation of the Research and Innovation Centre of Advanced Technologies and Integrated Infor ma- tion Network of Innovation Infrastructure at Yere- van Physics Institute. In absolute values the budgetary expenditure on R&D has increased in Armenia during the re- cent years. The annual rate of growth in 2006 compared with the previous year was 18.7 %, and in 2007 it was 20 % compared to 2006 (in real terms), in 2011 it is 8.8 % compared to 2010. In general, the program development, project coordination and outcome application mechanisms still need to be improved and adequately imple- mented according to the adopted policy docu- ments. In Armenia, no indirect measures have been implemented to stimulate innovation in business sector, for instance, in the form of tax and customs benefits or exemptions. Existing regulations do not stimulate the creation of spin-off companies at academic institutes and universities. There is a need also to address intellectual property owner- ship issues, especially intellectual property created as a result of government financing. Currently around 17 thousand people deal with scientific activities in Armenia, about 7.5 thou- sand scientists and scientific workers are involved in scientific programs which are beeing financed by the state budjet and the part of them have sci- entific degrees. In 2008—2009 was created the system of inde- pendent scientific expertise, where 1200 scientist experts are involved from Armenia and abroad. International cooperation is notably enlarged: a number of contracts have been signed since 2008 between State Committee of Science and Foundation of Fundamental Researches of Rus- sian Federation, French National Center for Sci- en tific Research, International Science and Te ch- no logy Center, State Committee of Science and Technology of Belarus, Federal Ministry of Re- search and Education of Germany, etc… Thus, the aforementioned arguments are gener- alized in a SWOT overview of innovation govern- ance in Armenia, which is illustrated in Fig. 2. On January, 2008 a mission to Armenia was con- ducted by UNESCO, aimed at the investigation of S&T and innovation system in Armenia. The out- come of the UNESCO mission based on the con- tract between UNESCO and Mr. M. Markkula was a report on the Science, Technology and Innovation Policy of the Republic of Armenia. In the beginning of the mentioned report prof. Markkula states: «Armenia has excellent oppor- 82 ISSN 1815-2066. Science and Innovation. T. 8, № 3, 2012 Світ інновацій tunities to become an important player in the global science, technology and innovation (STI) community — it is time to plan in detail and to implement well-targeted specific actions» (Mar- k kula, 2008). Taking into account all issues that hinder to the development of STI policy in the country, around 15 recommendations suggest UNESCO for the Armenian case, which to me seem very important and essential for the forma- tion of knowledge based economy in Armenia. CONCLUSION Thus, basing on the experience of economically developed countries, it can be concluded that liv- ing scientific systems alongside with their poten- tial profitability, can be formed and survive only in the conditions of state support and right S&T policy. It involves the existence of officially formed realistic priorities, the volumes of state budget financing, and the investment of corre- sponding structural-legal forms in the sphere of science and the creation of favorable legislative field. Summing up the trends and problems in the creation and development of the national innova- tion system in Armenia, it should be mentioned that one of the main goals of the state is to create a favorable and sustainable overall environment for innovation and investment in R&D-intensive activities. The government already had various initiatives to create a favorable legal environment for innovation and create the necessary constitu- ents of a national innovation system, but the problem is that many adopted legal documents and measures are not adequately enforced. Most of the adopted strategic policy documents lack concrete quantitative targets — to be addressed within a certain time frame — and are not based on objective analysis of the current situation and weaknesses of the system. In general, the role of government is crucial in ensuring adequate S&T Strengths Weaknesses High economic growth rates (13.8% in 2007) registered • during last decade, which create favorable conditions for stimulation of innovation activities Adoption of several legal policy and strategic documents • towards creation and development of innovation system Creation of authorized body responsible for S&T policy-• making and development (State Committee of Science) Developed scientific system with advanced scientists • and scientific organizations and institutes Existence of big R&D potential• Inadequate enforcement of adopted policy documents • Lack of the quantitative targets in the most of adopted • policy documents directed to the promotion of innovation Poor development of innovation support infrastructure • Insufficient level of R&D expenditure and negligible • degree of share of private sector in it Lack of the mechanisms of economic support: incentives for • stimulation and growth of innovative and science-intensive organizations Lack of the policy of supporting the innovation start-up • companies The Scientific institutes are technically old • The age of scientists is quite higher than average• Lack of modernization in processes and technologies • Market is not able to provide the necessary investments in • science Opportunities Threats Growing ICT sector as possible engine and a good • example of innovative activity in other sectors of Economy Strong diaspora ready to bring new knowledge and • investments in case of favorable conditions Young specialists with high education, good skills and • knowledge of different languages Adopted innovation policy documents are not based on • strategic economic development priorities of the country R&D system and infrastructure remain nearly unchanged • and far from real economic and social needs of the country Young scientists with high qualification leave for more • developed (mostly EU countries and USA) countries Fig. 2. SWOT overview of innovation in Armenia 83ISSN 1815-2066. Наука та інновації. T. 8, № 3, 2012 Світ інновацій and innovation policy as an integrated part of overall economic policy and long-term develop- ment strategy of the country. REFERENCES 1. The Knowledge-based Economy. — Paris: OECD, STI Outlook, 1996. — 46 p. 2. Foray D., Lundvall, B.-A. The Knowledge-Based Eco no- my: From the Economics of Knowledge to the Learning Economy, in Employment and Growth in the Knowledge- Based Economy. — Paris: OECD, 1996. — P. 11—32. 3. Freeman C. Technology and Economic Performance: Les- sons from Japan. — London: Pinter Publishers, 1987. — P. 3—37. 4. Lundvall B-А. (ed.). National Systems of Innovation: Towards a Theory of Innovation and Interactive learn- ing. — London: Pinter Publishers, 1992. — 342 p. 5. Nelson R.R. National innovation systems: a comparative analysis. — Oxford: Oxford University Press, 1993. — 514 р. 6. Schumpeter J. (1934). The Theory of Economic De ve- lop ment: an inquiry into profits, capital, credit / Tran- sac tion Publishers. — 1934. — 255 p. 7. National Innovation Systems. — Paris: OECD, 1997. 8. Stephen J. Kline and Nathan Rosenberg. An Overview of In- novation. — Washington DC: National Academy Press, 1986. — Р. 275—304 p. 9. Patel P. and K. Pavitt. The Nature and Economic Im por- tance of National Innovation Systems. — Paris: STI Re- view OECD. — № 14. — 1994. — Р. 9—32 p. 10. Metcalfe S. The Economic Foundations of Technology Policy: Equilibrium and Evolutionary Perspectives. Ed. P. Stoneman, Handbook of the Economics of Innovation and Technological Change. — Oxford (UK) / Cambridge (US): Blackwell Publishers. — 1995. — Р. 409—512 p. 11. Radosevic S. Patterns of Preservation, Restructuring and Survival: Science and Technology Policy in Russia in post-Soviet era. — Research Policy. — 2003. — 32. — P. 1105— 1124. 12. Иванова Н., Финансовые механизмы научно-тех ни- чес кой политики (опыт стран Запада) http://vasilievaa. narod.ru/ptpu/13_5_97.htm. 13. Markkula M. The Science, Technology and Innovation Po licy of the Republic of Armenia. — UNESCO Ar me- nian STI Mission. — 2008. — Р. — 89 p. 14. Strategy of Science Development in the Republic of Ar- me nia, 2010. http://scs.am/uploads/Cragrer/git-volor ti-zarg-razmavarutyun.pdf. Аревік Хнкоян НАЦІОНАЛЬНА ІННОВАЦІЙНА СИСТЕМА ТА РОЗВИТОК НАУКОВОЇ ТА ІННОВАЦІЙНОЇ ПОЛІТИКИ РЕСПУБЛІКИ ВІРМЕНІЯ Розглянуто розвиток науково-технічного та інновацій- ного секторів економіки Вірменії за останнє десятиліття. Представлено державні документи, спрямовані на спри- яння інноваціям і розвитку національної інноваційної сис- теми, а також аналіз дій уряду на шляху вирішення на- гальних проблем реформування науково-технічної та ін- новаційної систем Вірменії відповідно до вимог ринкової економіки і потреб економічного розвитку країни. Ключові слова: інновації, інноваційний сектор у Вір- менії, інноваційна система, інноваційна політика. Аревик Хнкоян НАЦИОНАЛЬНАЯ ИННОВАЦИОННАЯ СИСТЕМА И РАЗВИТИЕ НАУЧНОЙ И ИННОВАЦИОННОЙ ПОЛИТИКИ РЕСПУБЛИКИ АРМЕНИЯ Рассмотрено развитие научно-технического и инно- вационного секторов экономики Армении за последнее десятилетие. Представлены государственные докумен- ты, направленные на поддержку инновациям и развитию национальной инновационной системы, а также анализ действий правительства на пути решения безотлагатель- ных проблем реформирования научно-технической и ин- новационной систем Армении в соответствии с требо- ваниями рыночной экономики и нужд экономического развития страны. Ключевые слова: инновации, инновационный сек- тор в Армении, инновационная система, инновационная политика. 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