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The Impact of the University Researches on the Economic Growth of the Country

11/19/2022 Sustainable development issues are becoming more and more important around the world. Universities have a key role in this, including the Georgian Technical University, who’s mission is to train competitive specialists, offer new opportunities in science, education and technology, promote science-based economic construction, and lead innovation in the international ecosystem.

Universities often undertake projects to address a specific area of ​​focus, solve specific problems, they publish the academic research results through scientific articles and books.

These results lead to the active implementation of innovative processes, the creation of innovative products, which especially promotes the creation of small and medium-sized enterprises, and the final sets have a positive impact on the countries' economy, since the rapid development of technologies has positive impact on the economy and society.

In this regard, we offer a short article by the young researchers of Wageningen University (Wageningen, the Netherlands) dealing with the role of new technologies in the development of small and medium-sized enterprises.

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