Regional Innovation Project Envisages Establishment of New Types of Research Centers

ICT Materials 18 January 2007 11:13

Ali Abbasov, the Azerbaijani Minister for Communications and Information Technology, stated on 18 January 2007 that a project on regional innovation envisages the establishment of new types of research centers, Trend reports.

The Minister said that it would be more expedient to establish such centres of the likes of institutions as the National Academy of Sciences of Azerbaijan.

The Vice President of Consulting Company Booz Allen Hamilton, Rainer Bernnat, said that first of all a theoretical innovation center will be established as part of a proposal to the government. During its activities, which will begin next week, the company will hold meetings with local IT companies.

In addition, the company will be working towards attracting foreign investors. A company official said that they are in talks with the companies of Silicon vale.

The major question concerns the conditions to be established for the activities of big transnational companies. Attraction of such companies to the region will promote the development of small and medium-scale entrepreneurship, A Booz Allen Hamilton specialists stated.