The Review expands on and complements the findings of the Sub-regional Innovation Policy Outlook (IPO), which assesses the scope and quality of innovation governance, policy tools, and policy processes across six countries in Eastern Europe and the Caucasus (Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine).
The Review provides detailed policy recommendations that reflect the national specificities and sustainable development priorities of Georgia. Georgia engaged in an impressive array of reforms during the past two decades, turning it into one of the most open, well-governed countries with economies in transition in the UNECE region. The regulatory climate for doing business ranks among the best globally, and Georgia has become a vibrant trade hub, attracted significant investment, and clocked up strong growth over the past decade. One particularly notable area of recent success has been in support schemes to promote innovative start-ups, and the creation of an entrepreneurship culture.