The role of entrepreneurship in driving economic growth in Armenia

Entrepreneurship plays a significant role in driving economic growth in Armenia. It helps to create jobs, bring in investment, and foster innovation in the business landscape. By supporting entrepreneurship, Armenia can diversify its economy and reduce its dependence on traditional sectors such as agriculture and mining. The government has taken steps to support entrepreneurship, including through the creation of startup incubators and accelerators, providing access to funding, and promoting entrepreneurship education. As a result, Armenia has become a hub for technology startups and is gaining recognition as an emerging center for innovation and entrepreneurship in the region.