Center for Business Research and Development

The Center for Business Research and Development (CBRD) was established in 1992 to help the economic development of Armenia in its transition to a market economy. The School of Business and Management administers the Center. CBRD carries out organized research and development projects through teams of faculty, local experts, and graduate assistants. Some of its studies and research projects include: Branding and Advertising of Kotayk Beer, market entry and business development strategy for Candle, Management Training program at Virage Logic, Feasibility Study for Capacitor Plant in Gyumri, Earthquake Zone Reconstruction, Customer Satisfaction Survey, Housing Privatization Survey, etc.

CBRD will focus on developing reliable economic business and industrial information about Armenia and the region. CBRD serves as a resource for information and expertise for both local and international firms. CBRD was the first to provide “western” research and consulting services in the areas of business and management to Armenia. With this experience, CBRD has developed a unique mix of knowledge and capabilities that can apply to a wide range of problems that face Armenia.

CBRD is capable of designing and implementing a variety of studies and research projects. These include business analysis and planning, feasibility studies for business start-ups, market research and analysis, industry analysis, due diligence reviews and financial analysis, production planning and optimization, accounting conversion, and implementation of classroom and on-the-job training programs.

CBRD books and translations include: A. Aghabekyan, English-Armenian Dictionary of Business & Economics, 1998; P. Samuelson & W. Nordhaus, Economics, vol.1 and 2, 1996 and 1997; R. Heilbrowner & L. Thurow, Economics Explained, 1995; P. Drucker, Innovation and Entrepreneurship, 1994; P. Hawken, Growing a Business, 1993.