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Georgia/ 5.1 General legislation  

5.1.10 Other areas of general legislation

Law of Georgia on Innovations, adopted 22 June 2016, N5501-IIs

CHAPTER I. GENERAL PROVISIONS. Article 1. Purpose and Scope of Law. 1. The purpose of this Law is to create and improve the ecosystem of national innovations necessary for socioeconomic development of Georgia, construction of economy based on the knowledge and innovations in the country, promotion of launching the technologies created in other countries in Georgia, promoting introduction and export the intellectual property and technology created in Georgia, the access to the advanced technology in all areas of science and business in order to increase competitiveness in the fields. 2. This Law applies to the entities of innovative activities, infrastructure supporting innovative activities, funding innovative activities and commercialization of innovations.´´

Chapter published: 07-02-2019

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