Innovation ecosystems in Black Sea Countries
Amid rapid technological advancements and the widespread development of AI (specifically, the democratization of generative AI), coupled with the fraught geopolitical situation in the region, largely stemming from Russia’s ongoing war on Ukraine, it is imperative to understand the nuances of the innovation ecosystems of Black Sea countries.
The analysis of the innovation ecosystems in the Black Sea region conducted through reference to rankings in global indices, reveals a complex yet promising landscape. Despite facing various economic and geopolitical challenges, these countries have made notable progress in fostering innovation and entrepreneurship. However, there are still many challenges and much room for improvement.
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