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Business Funds 10% Of Science In Armenia

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  • Business Funds 10% Of Science In Armenia

    BUSINESS FUNDS 10% OF SCIENCE IN ARMENIA

    Panorama.am
    17:01 06/04/2007

    In Armenia the business community funds only 10% of science whereas
    in Turkey the indicator is 45.4% and in China - 60.1%, president
    of the Academy of Sciences, Radik Martirosyan, unveiled the figures
    today. In his words, more scientific innovations must be introduced
    in the economy, which will step up business funding in science.

    The president of the academy said the state releases 6 million
    Armenian drams to the academy annually. He said Azerbaijan and
    Georgia release 8 and 4 times more respectively. Despite of low
    funds, the Armenian academicians managed to publish 258 articles
    in respectful international scientific journals in the fields of
    physics. Martirosyan also said the academy published 57 books and
    3142 articles in the course of the recent four years. He said the
    Academy of Sciences received total of 66 grants in the amount of USD
    8 288 491 under the reporting time.
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