CHALLENGES OF FORMING A REGIONAL INNOVATION SYSTEM IN THE RA

Abstract

The development of innovation systems is important not only in cities, but also in regions. This issue is especially important in the Republic of Armenia, where about two-thirds of the population lives in regions. It is noteworthy that the vast majority of scientific and technical potential is concentrated in the capital city of the country, where innovative ideas are generated and brought to life. The article reveals the key factors that hinder the formation and development of territorial innovation systems in the Republic of Armenia.