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Azerbaijan's Ecosystem for Technology Startups--Baku, Ganja, and Shamakhi (in English)
Aimee Hampel-Milagrosa
(Author)
·
Nariman Mannapbekov
(Author)
·
Orkhan Babayev
(Author)
·
Asian Development Bank
· Paperback
Azerbaijan's Ecosystem for Technology Startups--Baku, Ganja, and Shamakhi (in English) - Hampel-Milagrosa, Aimee ; Mannapbekov, Nariman ; Babayev, Orkhan
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Synopsis "Azerbaijan's Ecosystem for Technology Startups--Baku, Ganja, and Shamakhi (in English)"
This report assesses the current ecosystem for tech-based startups in Azerbaijan, specifically in Baku, Ganja, and Shamakhi. It examines the extent to which the ecosystem fosters startups and identifies opportunities for strengthening this support. Technology-based startup enterprises are an increasingly important part of the business landscape in Asia and the Pacific. By applying innovative technologies to create new products and services, they can make a significant contribution to economic development while generating social and environmental benefits. However, to survive and then thrive, tech startups require an enabling ecosystem that includes supportive government policy, adequate access to capital, skilled personnel, and quality digital infrastructure. This is the fifth country report in the series "Ecosystems for Technology Startups in Asia and the Pacific.