POSSIBILITIES AND ECONOMIC EFFECTS OF INNOVATION AND TECHNOLOGY DEVELOPMENT IN GEORGIA

Summary

Georgia is a country rich in history and culture, which has been experiencing a period of rapid technological development and innovation in recent years. in a scientific article we will look at how scientific and technological progress affects the economy, finance and society of Georgia, what new opportunities it opens up, what problems the country faces and what are the prospects for further development.

The current economic situation in the world, which is significantly related to the tense political situation, large-scale wars and regional conflicts, is a great challenge for Georgia, because some of its territories are occupied. Therefore, Georgia invests heavily in the creation of such high-tech industries, such as information technology, biotechnology, robotics and alternative energy. The country's government actively supports startups and the development of new products, attracting international investment. This allows Georgia to take an increasingly strong position in the global high-tech market and become one of the regional hubs and leaders in the field of innovation.