The Russian Federation: A New Innovation Policy for Sustainable Growth
Proceedings of TISLID'10
Chapter 6 presents an analysis of Russian innovation system accompanied by an overview of state science, technology and innovation (STI) policy practice.
The authors cover the most urgent institutional cleavages, including the split-offs of science and industry, issues of institutional model of the R&D sector, sectoral discrepancies and regional polarization.
An outline of STI policy framework evolution is presented, including the most recent Strategy for Socio-Economic Development of Russia till 2020 topics. A special regard is paid to linkage-stimulating policy instruments, including grants for joint research for Universities, R&D organisations and companies, technology platforms, regional innovation clusters program and elaboration of innovation development plans for state-owned companies.
Over the last two decades national policy makers drew special attention to the implementation of policy tools which foster international cooperation in the fields of science, technology, and innovation. In this paper, we look at cases of Russian-German collaboration to examine the initiatives of the Russian government aimed at stimulating the innovation activity of domestic corporations and small and medium enterprises. The data derived from the interviews with companies’ leaders show positive effects of bilateral innovative projects on the overall business performance alongside with major barriers hindering international cooperation. To overcome these barriers we provide specific suggestions relevant to the recently developed Russian Innovation Strategy 2020.
The collective monograph includes practical and theoretical materials on the questions of innovation activity in the system of education.
The authors of this paper present the results of their studies of genesis of the notion «innovation» and adjacent terms in regulatory legal acts of the Russian Federation, since 1998.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.