Arminfo.info




 Thursday, May 30 2013

EBRD innovation forum skirted Armenia’s innovation ambitions

EBRD innovation forum skirted Armenia’s innovation ambitions

Macedonia, Kazakhstan,
Lithuania, Serbia, Ukraine,
Russia, Turkey and Israel
are the countries the innovation problems of the economic development of which were
in the center of attention of an international business forum within the frames
of a regular annual meeting of EBRD held in Istanbul on 10-11 May of the current year.


 Unfortunately,
the forum did not touch upon Armenia
and its innovation ambitions though our country has always cast itself as a
country which had chosen the innovation way of development. It is no secret, that
unlike the mining industry this sphere is not connected with transport expenses
and does not depend on availability of the semi-blockade communication
conditions of our country’s existence. However, it is very much possible that foreign
innovation community is not yet ready to accept at its face value the pompous
statements that there is no alternative to the innovation way of our country’s
development. But this statement goes on serving a means for the local usage.


  Incidentally,
during the talk about the problems of the innovation development of Eastern Europe
just Israel was serving like
a unique benchmark, though geographically it is located far from Europe. Many participants in the interesting discussion were
referring to Israel’s
experience. And director general of InterIsrael, Maxine Fassberg gave a worthy response
to his counterparts. “We are praying for oil, gas and other mineral deposits be
never found in Israel, as in that case it will be irresistible  not to fall down to the level of the
countries with only a resource-based economy, poor infrastructure  and with many accompanying problems”, - he
said. These words were voiced like the key and important warning to the
partners and governments which  hiding
behind a modern word “innovation”, nevertheless every day keep tab on the quote
of the world prices for hydrocarbons. Unfortunately, Armenia is among them, as it has
got only two key sources for the economic growth – cooper concentrate and
foreign transfers from the Armenian Diaspora.


 Though it
seems strange, but Turkey
itself understands it very well. According to the official data, only for development
of the  high speed Internet the country allocates
up to $1 bln from its budget every year. As the head of  «TurkTelecomGroup» Hakam Kanafani said, development
of this sector depends not  only and not
so much on the number of the people which have the Internet access  as on the country’s investments in the scientific
and technical as well as engineering developments, and on the climate which the
country can create for occupation of a worthy place in the world innovation
chain. It is no secret that just Israel has managed to reach special success,
and unlike many countries of the world, Israel with its IT companies comes
forward not like an outsourcing  country
similar to Armenia, which has been implementing 
small orders of foreign corporations, but like the smart set.  Here we have an effective and right schedule,
according to which just Israeli IT companies supported by the government
establish thousand of branches in many countries of the world, and globalize
its IT sphere in such a way, as they understand very well that the outsourcing
services have no prospect. The whole legislative field and all the regulative
functions of a state should be directed at creation of a maximally favorable
climate for innovations. Here the fragmentary approach is unacceptable and
useless. Only in the countries, which have no system in this sector, we see an
endless brain drain to the West. It is natural that they want to improve their
life quality and to ensure professional growth. For this reason, the countries
which draw special attention to development not only of the innovation but also
venture economy, finally win. Incidentally, in this case they do not rely on
assistance of international donors. Representatives of EBRD, the portfolio of
which has only 3% of bad credits,  said
at the forum  that the bank does not
welcome the financing of the venture, high risk projects by the shareholders of
international financial donors, though everybody understand their significance
for the economic development of the Eastern Europe.     


  But if
the innovation economy in our post-crisis period is the only hope for the stable
economic growth, in that case, how we can combine two factors – the resource expenses
to ensure growth and the regime of economizing financial funds. This problem was also discussed at the forum.
As the English say, “nothing is
impossible”. One should start just from creation of the most favorable work
regime for small companies, not to impose pressure upon them with a help of the
tax and customs administration, to ensure an equal competitive field for all
the economic entities, that is to say, to change the approach in Armenia and
Russia, though the latter manages “to come out” thanks to its big territory and
an endless demand for oil.  Incidentally,
participants in the forum advised Eastern European  countries to revise their foreign political
agenda towards joining the EU as am important component necessary for the
growth of the political stability, as if they do not have an example of Greece, Portugal,
Spain, Cyprus and Iceland. However, there is no doubt
that European standards of business, many all-European  economic directives, anti-corruption and
anti-damping measures and the steps for ensuring competitive field  may serve the best sample for many developing
countries.  A pension reform will not
pave the way to innovative economy for the small and medium-sized enterprises
if there is no competition. This undisputable thesis applies also to Armenia, where
reforms will fail without settlement of basic problems. Even the authoritarian
leaders, inherently dictators, of the countries known as ‘economic tigers’
started with fighting corruption at the grassroots, pressing shadow economy,
creating maximum fair competitive environment, facilitating SME access to bank
financing, creating transparent financial and corporate markets, which boosted
business activity, and only after, launched serious structural reforms. There
are two ways: Chilean and European. The first one was not mentioned at the
forum, indeed, as Pinochet and Lee Kuan Yew remained in the past and the history
cannot be reversed to a great despair of some of our high-ranking compatriots,
especially in conditions of intensive globalization and growing geo-strategic
battles.


 The
European Business Forum in Istanbul, a big city
in the country, to put it mildly, unfriendly for Armenia, that strives for the top
ten of the biggest economies in the world, was a real success. At present, Turkey, and
first of all, Istanbul-Constantinople, is a developed city with 15 million
people, constantly growing population, Europe-oriented economy, and big
innovative potential. Unlike our fading away Armavia airline, Turkish Airlines
are the pride of Turkey’s
authorities. Due to the low tariffs and right positioning, the Turkish
authorities are going to make it a global brand. It is Turkish Airlines that
cherish the Turkish idea to create a regional and not just economic power. This
is another subject, however.


Head of the Chamber of Advocates: President is obliged to apply to  the Constitutional Court of the with a motion to invalidate the  request of the Prime Minister on removal of the head of the General  StaffHead of the Chamber of Advocates: President is obliged to apply to  the Constitutional Court of the with a motion to invalidate the  request of the Prime Minister on removal of the head of the General  Staff
Armenia and Iran highlight the role of coordinated cooperation in  solving new regional problemsArmenia and Iran highlight the role of coordinated cooperation in  solving new regional problems
A group of participants in the first Karabakh war holds an action in  support of the Chief of the General StaffA group of participants in the first Karabakh war holds an action in  support of the Chief of the General Staff
Will Azerbaijan force Armenia to open Zangezur corridor?Will Azerbaijan force Armenia to open Zangezur corridor?
Former Defense Minister: A new parade of resignations begins in  ArmeniaFormer Defense Minister: A new parade of resignations begins in  Armenia
508 new coronavirus cases detected in Armenia, four died508 new coronavirus cases detected in Armenia, four died
AAA jointly with US new Administration and Congress to hold Virtual  National Advocacy Conference AAA jointly with US new Administration and Congress to hold Virtual  National Advocacy Conference 
US Senator calls for US administration to recognize Armenian Genocide US Senator calls for US administration to recognize Armenian Genocide 
Ara Saghatelyan released from custodyAra Saghatelyan released from custody
 Vatican recognizes Russia`s important role in resolving the Karabakh  conflict Vatican recognizes Russia`s important role in resolving the Karabakh  conflict
Ombudsman of Armenia proposed to create a demilitarized zone with a  width of 5-7 km in Syunik regionOmbudsman of Armenia proposed to create a demilitarized zone with a  width of 5-7 km in Syunik region
Armenia will not take part in Eurovision this yearArmenia will not take part in Eurovision this year
Ex-head of the National Security Service of the Republic of Armenia:  Confrontation between the Armenian government and the Armed Forces  has two possible outcomesEx-head of the National Security Service of the Republic of Armenia:  Confrontation between the Armenian government and the Armed Forces  has two possible outcomes
Yerevan accused the President of Azerbaijan of trying to disrupt the  implementation of the trilateral statement on KarabakhYerevan accused the President of Azerbaijan of trying to disrupt the  implementation of the trilateral statement on Karabakh
Iran and EAEU will begin negotiations on the implementation of the  Free Trade AgreementIran and EAEU will begin negotiations on the implementation of the  Free Trade Agreement
Converse Bank is recognized as the “Best Trade Finance Provider in Armenia” by Global FinanceConverse Bank is recognized as the “Best Trade Finance Provider in Armenia” by Global Finance
Deputy Minister of Defense of Armenia refused to comment on  Azerbaijani aircraft at VorotanDeputy Minister of Defense of Armenia refused to comment on  Azerbaijani aircraft at Vorotan
Edmon Marukyan: the political crisis in Armenia is even more deepenedEdmon Marukyan: the political crisis in Armenia is even more deepened
Deputy: An absurd situation has developed around the candidates for  the judge of the Cassation Court of ArmeniaDeputy: An absurd situation has developed around the candidates for  the judge of the Cassation Court of Armenia
A day in Armenia revealed 442 new cases of coronavirus infectionA day in Armenia revealed 442 new cases of coronavirus infection
The question of the immediate return of Armenian prisoners of war  from the Azerbaijani captivity was raised by the Ombudsman of Armenia  in the Bundestag of Germany The question of the immediate return of Armenian prisoners of war  from the Azerbaijani captivity was raised by the Ombudsman of Armenia  in the Bundestag of Germany 
An event dedicated to the entry into force of the CEPA took place at  the RA MFAAn event dedicated to the entry into force of the CEPA took place at  the RA MFA
Maria Zakharova: With the mediation of Russian peacekeepers, Armenia  and Azerbaijan exchanged 79 prisonersMaria Zakharova: With the mediation of Russian peacekeepers, Armenia  and Azerbaijan exchanged 79 prisoners
IDBank asks its clients who have taken part in the hostilities to contact the Bank before March 31IDBank asks its clients who have taken part in the hostilities to contact the Bank before March 31
Prime Minister of Armenia signed a resignation letter of the deputy  governors of Armavir and Gegharkunik regionsPrime Minister of Armenia signed a resignation letter of the deputy  governors of Armavir and Gegharkunik regions
Kocharian: Armenia needs to find a formula for such integration with  Russia, which will allow the restoration of the country`s armed  forcesKocharian: Armenia needs to find a formula for such integration with  Russia, which will allow the restoration of the country`s armed  forces
The presentation of the updated line of the legendary The presentation of the updated line of the legendary "Ararat" brandy  took place in the art space of the Armenian Embassy in Moscow
Ashgabat: what does the name of the Turkmen capital mean?Ashgabat: what does the name of the Turkmen capital mean?
Robert Kocharian called on the President of Armenia to immediately  apply to the Constitutional Court on the issuance of the head of the  General StaffRobert Kocharian called on the President of Armenia to immediately  apply to the Constitutional Court on the issuance of the head of the  General Staff
Kremlin: Most of the Armenian politicians are supporters of further  strengthening relations with RussiaKremlin: Most of the Armenian politicians are supporters of further  strengthening relations with Russia
Robert Kocharyan: The ideas propagated by the Soros Foundation are  rumored with the role that Armenia could play in the regionRobert Kocharyan: The ideas propagated by the Soros Foundation are  rumored with the role that Armenia could play in the region
Robert Kocharian: The circumstances of the outcome of hostilities in  the zone of the Karabakh conflict should be established by the  investigationRobert Kocharian: The circumstances of the outcome of hostilities in  the zone of the Karabakh conflict should be established by the  investigation
Robert Kocharian has no plans to lead an opposition movement or  create a party in the near futureRobert Kocharian has no plans to lead an opposition movement or  create a party in the near future
MP: Armenia is moving step by step towards economic, social and  financial collapseMP: Armenia is moving step by step towards economic, social and  financial collapse
Moscow will not succeed in returning the South Caucasus at the end of  the 80sMoscow will not succeed in returning the South Caucasus at the end of  the 80s
Armenian Ministry of Health expects an increase in the number of  cases of coronavirusArmenian Ministry of Health expects an increase in the number of  cases of coronavirus
EU and US will continue to assist Armenia in the development of civil  society and democracyEU and US will continue to assist Armenia in the development of civil  society and democracy
Member of the Armenian Parliament to the head of SJS: We will come  for youMember of the Armenian Parliament to the head of SJS: We will come  for you
Oppositionist: I do not intend to answer any question of the  investigation, it is about political persecutionOppositionist: I do not intend to answer any question of the  investigation, it is about political persecution
Zalkaliani: Tbilisi can become a Zalkaliani: Tbilisi can become a "kind of platform" for Azerbaijan  and Armenia for cooperation in economic projects
The European Commission condemned the attack of Azerbaijanis on the  Cathedral of St. Ghazanchetsots in Shushi during the hostilitiesThe European Commission condemned the attack of Azerbaijanis on the  Cathedral of St. Ghazanchetsots in Shushi during the hostilities
US State Department: Armenia is a transit country for drug  trafficking to Europe and Russia US State Department: Armenia is a transit country for drug  trafficking to Europe and Russia 
Gegham Manukyan: Criminal case initiated against the single opposition candidate Vazgen ManukyanGegham Manukyan: Criminal case initiated against the single opposition candidate Vazgen Manukyan
Ara Aivazian: Pressure on Azerbaijan regarding the return of Armenian prisoners from the international community is increasingAra Aivazian: Pressure on Azerbaijan regarding the return of Armenian prisoners from the international community is increasing
Ombudsman of Armenia is concerned about the presence of snipers in the windows of the National AssemblyOmbudsman of Armenia is concerned about the presence of snipers in the windows of the National Assembly
Zatulin: During the war in Karabakh, Nikol Pashinyan had no right to declare himself supreme commander in chiefZatulin: During the war in Karabakh, Nikol Pashinyan had no right to declare himself supreme commander in chief
Varazdat Karapetyan relieved of his post as Trade Representative of Armenia in ChinaVarazdat Karapetyan relieved of his post as Trade Representative of Armenia in China
United Nations Secretary-General s message to the participants of the International Conference held in AshkhabadUnited Nations Secretary-General s message to the participants of the International Conference held in Ashkhabad
The International Conference “Turkmenistan  and the United Nations: Cooperation for Peace and Trust” was held in AshkhabadThe International Conference “Turkmenistan and the United Nations: Cooperation for Peace and Trust” was held in Ashkhabad
Manukyan: The Constitutional Court is the last instance where the issue on dismissal of Chief of General Staff will be decidedManukyan: The Constitutional Court is the last instance where the issue on dismissal of Chief of General Staff will be decided
New Ambassador of Cyprus to Armenia presents his credentials to President SarkissianNew Ambassador of Cyprus to Armenia presents his credentials to President Sarkissian
Arshavir Gharamyan: Armenia as a unit of state identity is on the  edge of the abyssArshavir Gharamyan: Armenia as a unit of state identity is on the  edge of the abyss
Analyst: Ankara`s support for Pashinyan is due to fear of disavowing  trilateral statementsAnalyst: Ankara`s support for Pashinyan is due to fear of disavowing  trilateral statements
Parliamentarian: The need to resolve the internal political crisis  dictates everythingParliamentarian: The need to resolve the internal political crisis  dictates everything
In the coming hours, the President of Armenia will announce his  decision on the case of the Chief of the General Staff of the Armed  ForcesIn the coming hours, the President of Armenia will announce his  decision on the case of the Chief of the General Staff of the Armed  Forces
Armenian Foreign Minister told UN Deputy Secretary General about  humanitarian challenges faced by Artsakh as a result of Azerbaijani  aggressionArmenian Foreign Minister told UN Deputy Secretary General about  humanitarian challenges faced by Artsakh as a result of Azerbaijani  aggression
Freedom House signals detrimental impact of conflict over Karabakh on  freedom in ArmeniaFreedom House signals detrimental impact of conflict over Karabakh on  freedom in Armenia
Speaker of the Parliament meets with the US Ambassador and the Head  of USAID to ArmeniaSpeaker of the Parliament meets with the US Ambassador and the Head  of USAID to Armenia
Deputy Prime Minister: The activities of the Ambassador in Armenia  will allow for more active contacts and relations with the  NetherlandsDeputy Prime Minister: The activities of the Ambassador in Armenia  will allow for more active contacts and relations with the  Netherlands
Armenia and EU indicated the importance of resolving the Karabakh conflict within the framework of the  OSCE Minsk GroupArmenia and EU indicated the importance of resolving the Karabakh conflict within the framework of the  OSCE Minsk Group