Regional Open Innovation Campus (ROIC) ROIC_e-book | Page 5

STI Ecosystem
Current Ecosystem
50+
research
institutions
~ 650
> 20%
12300+
average #
of students
(BA, MA, PhD)
3000+
~ 90$
companies in ICT
annual average
growth of ICT
companies
average #
of graduates
(BA, MA, PhD)
mln investment in
startups since 2014
Tax privileges for IT
Free economic zones (FEZs)
Preferential trade arrangements (PTAs)
& Regional trade agreements
Multinational corporations
(MNCs) presence
High productivity in Physics & Astronomy
Potential diaspora involvement
STI ECOSYSTEM CHALLENGES
0.25%
of GDP is spent on R&D
0.2%
of GDP is spent on
Higher Education
No Armenian university
makes it into the list of
top
universities of the world
1000
< 10%
of state funding of STEM-
related research is grants
24.5%
only
in the crucial cohort of
researchers from 41 - 60
years old
4.8 Patents by origin
(bln PPP $GDP)
6 PCT applications
per year
< 700
PhDs and DSc per mln
population
Large gap between
universities/research
institutes and industry
High technology exports
5.27%
score is
manufactured exports