Boosting entrepreneurship in Georgia development of fab labs

Abstract

Boosting entrepreneurship has a crucial meaning for long-term economic development. It is taken as axiomatic that innovative activity has been the single, most important component of long-term economic growth. The Fab Lab concept is to provide spaces open to the public where people can access tools, training and designs in digital fabrications, and to base this around a global network of physical workshops with access to on-line and other support services, as well as being networked with one others. Fab Labs take advantage of increasing accessibility to versatile and powerful digital design and fabrication tools. During the last few years Georgian government increase funding and state support to diffusion innovations into the economy. It’s evident if we count launching the innovative laboratories in the different cities of Georgia. The network consists more than 20 labs in the country. All of them are located at the public spaces and are funding by state government. Fabrication Laboratories offer to all entrepreneurs, students, and citizens full service of product prototyping and business consulting. The article considered and discusses about the role of this innovative laboratories into the economic growth, stimulation of entrepreneurship and startup developments.