National innovation systems: a comparative study of the Baltic and South Caucasus States
... performance. The latter method revealed that the Baltic States form the most developed cluster group, with Estonia once again at the top of the index (ISDI = 0.85). The Baltic States and the South Caucasus states comprised two separate groups. Except for the patent activity sub-index, Estonia outperforms the other study countries on all sub-indices. Armenia and Georgia rank relatively high on the patent activity sub-index, whereas Azerbaijan performs well on the innovation activity and infrastructural development ...
