Armenia’s economy: promoting innovation through public governance and corporate management

Abstract

First, the article describes the forms and methods of state governance of the innovative development of the Armenian economy. The results of the implementation of the state program for promoting innovation in the economy are described; one of them is the increasing role of the information technology (IT) sector. The problems of further development and improving the efficiency of the functioning of this sector are identified, the solution of which is associated with the improvement of various types of state socio-economic policy, including monetary, investment and educational policy.