How innovative is Georgian economy?

In the present-day reality, research and innovation undoubtedly deserve promotion and encouragement, without which the advance and development of any national economy is unimaginable. This paper surveys the studies on Global Competitiveness and Innovations issues carried out by the international organizations. The objective of the article is to stimulate the discussion among the policymakers in Georgia on the best strategies and policies to help country to overcome the obstacles to improving competitiveness.