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The handbook seeks to support policymakers in the Eastern Europe and South Caucasus (EESC) sub-region to design effective policies and institutions to further enable and foster the potential of innovative, high-growth entrepreneurship as invaluable drivers for innovation-led sustainable development. High-growth innovative firms have a key role in jobs and value creation as they experiment with
The Eastern Europe and the South Caucasus (EESC) sub-region (Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova, and Ukraine) has considerable potential for sustainable growth and development. Innovation, or broad experimentation with new ideas, is crucial to making the most of this potential – and for public policy to play an effective role in enabling and promoting this dynamic. The
Georgia engaged in an impressive array of reforms during the past two decades, turning it into one of the most open, well-governed countries with economies in transition in the UNECE region. The regulatory climate for doing business ranks among the best globally, and Georgia has become a vibrant trade hub, attracted significant investment, and clocked up strong growth over the past decade. One
  Innovation is central to the United Nations 2030 Agenda for Sustainable Development and to economic development across the world. One of the most open and democratic countries in the region, with a strategic location, educated work force, strong legacy of applied research, competitive wage levels, ample natural resources, and vibrant and growing links with the neighbouring region, Kyrgyzstan