SCIENCE-INTENSIVE ECONOMY END OF ARMENIA’S ECONOMIC DEVELOPMENT
ARKA
Feb 11, 2009
YEREVAN, February 11. /ARKA/. The ultimate aim of Armenia’s economic
development is the formation of science-intensive economy, RA Minister
of Economy Nerses Yeritsyan stated at his meeting with students of
Yerevan State University.
Referring to international criteria, the Minister said that
science-intensive economy implies emphasis on laboratories, research,
education and financial infrastructures.
"If the infrastructures are integrated and constitute a critical share
in a country’s GDP, this country can be said to have science-intensive
economy," the Minister said.
Yeritsyan pointed out the necessity for highly skilled specialists
capable of advancing their own initiatives, and the Government will
be able to facilitate their development and attract large-scale
investments.
The Minister urged the students to advance their initiatives and
gain experience.
"One person’s initiative is tantamount to dozens of laws, and
entrepreneurial people make laws effective, which facilitates their
cooperation," Yeritsyan said.