Editor's Note

Bridging Continents, Fostering Innovation

The business environment in Armenia is going through a gradual change due to numerous economic, political, and technological factors. In the last ten years, Armenia has advanced in the creation of a favorable climate for doing business, foreign investment and innovation. Located between Europe and Asia and endowed with a highly educated population, the country has emerged as a favorite destination for emerging technology and start-ups. The government has been more active in the implementation of reforms in the ease of doing business. Lower taxation policies, lesser restrictions, and better information technology have all helped in the creation of a favorable environment for the budding businessmen. Such actions have been most evident in the developing hi-tech industries. The emergence of IT parks, incubation centers, and accelerators has fostered a healthy startup culture and...  >>More