Innovative Technologies as a Strategic Factor of Economic Growth

Nona Kukhianidze

Assistant Professor, Akaki Tsereteli StateUniversity

Nona.kukhianidze@atsu.edu.ge

 

Teimuraz Pestvenidze

Associate Professor, Akaki Tsereteli State University

Teimuraz.pestvenidze@atsu.edu.ge

 

Givi Lobzhanidze

Associate Professor, Akaki Tsereteli State University

givi.lobzhanidze@atsu.edu.ge

 

Abstract

Innovative technologies are a key driving force in the development of the modern economy. Their integration into production, finance, and service sectors creates new opportunities for productivity growth, efficient resource utilization, and enhanced global competitiveness. Research has shown that digital transformation, artificial intelligence, blockchain, and green technologies not only accelerate economic growth but also promote sustainable development. This article focuses on how innovation becomes a significant component of economic strategy, ensuring national economic security, attracting investments, and exploring new markets. Based on the research, it is evident that the impact of innovative technologies on economic growth significantly exceeds the effects of traditional growth factors.

Keywords: Innovative Technologies, Stimulation, Economic Growth.

JEL:   O33; O40; O38

DOI: 10.52244/c2025.39

The article is in Georgian.

References

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McKinsey & Company. (2024). “Technology trends outlook 2025”

MIT Sloan. (2025). “A new look at the economics of AI”

National Statistical Office of Georgia (Geostat). (2018–2023). Statistical data on R&D investments, information and communication technology (ICT) sector and innovation sector. Tbilisi: Geostat. Retrieved from: https://www.geostat.ge

Organisation for Economic Co-operation and Development. (2024). “The impact of Artificial Intelligence on productivity, distribution and growth”

World Economic Forum. (2024). “Top 10 Emerging Technologies of 2024”

World Intellectual Property Organization. (2024). “Global Innovation Index 2024”

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