This paper presents a brief analysis of the current innovative capabilities of Georgia based on the Europe-Central Asia Innovative Capability Indicator (ECAICI). This composite indicator is constructed using factor analysis tools. Research reveals that innovative processes in the Europe-Central...

ECAICI indicator introduced in the present article enables to analyze innovative capacities dynamics of the ECA region (by The World Bank classification) countries in 1996-2010. Thorough research reveals four leading unobservable factors, affecting innovative processes in ECA region. These...

Present article introduces composite indicator for regional innovative systems of the countries with developing and transitional economy. Using the factor analysis technique it exposes four principal unobservable factors, which reflect basic aspects of regional innovative systems. Those factors...

Present article introduces composite indicator for regional innovative systems of the countries with developing and transitional economy. Using the factor analysis technique it exposes four principal unobservable factors, which reflect basic aspects of regional innovative systems. Those factors...

ECAICI indicator introduced in the present article enables to analyze innovative capacities dynamics of the ECA region (by The World Bank classification) countries in 1996-2010. Thorough research reveals four leading unobservable factors, affecting innovative processes in ECA region. These...

This paper presents a brief analysis of the current innovative capabilities of Georgia based on the Europe-Central Asia Innovative Capability Indicator (ECAICI). This composite indicator is constructed using factor analysis tools. Research reveals that innovative processes in the Europe-Central...

European Union (EU) experience reveal that the composite indicators are probably the most useful instruments for measuring the innovative capacities at the regional (sub-national) level. However, some gap exists in the current literature with respect to the elaboration of composite indicators...

European Union (EU) experience reveal that the composite indicators are probably the most useful instruments for measuring the innovative capacities at the regional (sub-national) level. However, some gap exists in the current literature with respect to the elaboration of composite indicators...

The aim of the paper is to study statistical characteristics of the Research and Development (R&D) system of Georgia in years 1996-2005 and compare them with corresponding characteristics of the R&D system for the Europe Central Asia Region (ECA). We consider main short term and long term...