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Regular version of the site

Book chapter

How to Design a National Innovation System in a Time of Global Innovation Networks: A Russian Perspective

P. 159-166.

The quest for growth models based on science, technology, and innovation (STI) has been central to the Russian Federation (Russia)’s policymaking agenda for more than a decade.  Relying too much on the exports of primary resources (particularly oil and natural gas) as a major driver of development was recognized as unsustainable during the global financial crisis of 2008. The acknowledged importance of the reforms transformed into the urgent  need for a new economy after the second half of 2014, when global oil prices dropped radically. According to a number of estimates, the resulting economic downturn, marked by inf lation and depreciation of Russia’s currency, has had an even greater impact on the performance of the national economy than the previous recession. Facing the compromise of the existing growth models, decision makers, as well as the broader expert community,  designate STI as an alternative driver of sustainable growth.

In book

Ithaca, NY; Fontainebleau; Geneva: Cornell University, INSEAD, and WIPO, 2016.