Our economists see no need for innovations

Panorama.am

20:08 02/11/2007

Our economists see no need for innovations

Experts from the European Union have found out that those countries
that set aside 1% or less of their budget for science will receive no
financial benefit from its scientific sphere.

`In our country last year, science received only 0.29% of the national
budget, where in advanced countries the figure stands at 3.5-4%,’
Radik Martirosyan, president of the National Academy of Science, said
to journalists today. For example, he said, science in Finland
receives 3%, 70% of which comes from their economy. `But our economy
has just recently started to grow, and we still don’t have any large
concerns, and as things stand now, our economists don’t see any point
in learning new methods of running the economy,’ Martirosyan said,
adding that our economists don’t feel the urgency of development need
economic methods.

Concerning selling new scientific technologies on the world market,
Martirosyan said this was a serious challenge, especially concerning
protecting copyrights. He said that new inventions can cost 20-30
thousand dollars to copyright.

Source: Panorama.am